Author Archive for Insider Scoop

6 Stocks To Watch For May 13, 2019

Courtesy of Benzinga.

6 Stocks To Watch For May 13, 2019

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Take-Two Interactive Software, Inc. (NASDAQ: TTWO) to post quarterly earnings at $0.75 per share on revenue of $506.46 million after the closing bell. Take-Two shares rose 0.1 percent to $103.45 in after-hours trading.
  • Abeona Therapeutics Inc (NASDAQ: ABEO) reported a wider-than-expected loss for its first quarter. Abeona Therapeutics shares fell 2.3 percent to $7.50 in the after-hours trading session.
  • Analysts expect Consolidated Water Co. Ltd. (NASDAQ: CWCO) to report quarterly earnings at $0.19 per share on revenue of $16.00 million before the opening bell. Consolidated Water shares rose 0.1 percent to $13.15 in after-hours trading.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

Choosing the best broker is an important part of being a successful trader or investor

  • After the closing bell, Tencent Music Entertainment Group (NYSE: TME) is projected to post quarterly earnings at $0.1 per share on revenue of $850.05 million. Tencent Music shares gained 0.2 percent to $16.62 in after-hours trading.
  • Colfax Corp (NYSE: CFX) is nearing a deal to sell its air and gas unit to KPS Capital Partners, Reuters reported. Colfax shares declined 1.2 percent to $26.73 in the after-hours trading session.
  • Analysts are expecting Legg Mason, Inc. (NYSE: LM) to have earned $0.54 per share on revenue of $694.58 million in the latest quarter. Legg Mason will release earnings after the markets close. Legg Mason shares fell 0.8 percent to $33.83 in after-hours trading.

Posted-In: Stocks To WatchEarnings News WIIM Pre-Market Outlook Markets Trading Ideas





The Street Is Out With Pinterest Ratings

Courtesy of Benzinga.

The Street Is Out With Pinterest Ratings

Pinterest Inc (NYSE: PINS) debuted on a public market in April and research firms are now free to offer their recommendations to clients. Here’s a sampling of what some sell-side firms think about Pinterest.

Bank of America’s Justin Post initiated coverage of Pinterest with a Neutral rating and $32 price target.

UBS’ Eric Sheridan initiates at Neutral, $31 price target.

‘Big’ Growth Potential

Pinterest’s user monetization levels are “relatively low” compared to rival social media platforms, Post wrote in a note. Specifically, the company’s 2019 annual average revenue per user is estimated at $3.67 versus Facebook, Inc. (NASDAQ: FB) at $29.04 and Twitter Inc (NYSE: TWTR) at $10.78.

Assuming Pinterest is able to lift its ARPU to Twitter’s levels, revenue could come in at $3.2 billion. The company has other potential revenue streams from opportunities in e-commerce.

Other potential drivers of growth include the introduction of a self-serve platform, growth in international markets and potential for new revenue streams to come at high incremental margins.

Three risks to Pinterest’s stock, according Post, include a high relative valuation, potential slowdown in U.S. user growth decelerating revenue growth after a “strong” 2018.

Looking to gain an edge in your trading and investing? Look no further than the Benzinga Trading & Investing Summit this June 20 in NYC!

Yes To ‘Pivotal Questions’

Two of the more pivotal questions Pinterest investors are asking include the sustainability of 25 percent revenue and ad monetization growth and path towards profitability, Sheridan wrote in a note.

Pinterest has a path to increase ad monetization and revenue growth at a 25 percent compounded annual growth rate through 2023. The analyst said the company’s already existing ad load offers users a high commercial intent and gives advertisers a compelling value proposition. As Pinterest’s user base continues to grow and engagement levels remain stable, the company can improve the monetization gap versus its peers.

Pinterest should become free cash flow and Adjusted EBITDA positive by fiscal 2020, the analyst wrote. Management can improve its cost structure through optimizing cloud-related expenses, which account for around 90 percent of cost of goods sold. The company can see operating leverage from research & development, sales and marketing.


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Piper Jaffray: Netflix Subscriber Survey Shows Strength In Face Of Competition From Disney

Courtesy of Benzinga.

Piper Jaffray: Netflix Subscriber Survey Shows Strength In Face Of Competition From Disney

Netflix can chill.

There are lots of new competitors coming, but a survey of Netflix, Inc. (NASDAQ: NFLX) subscribers shows most plan to stick with the service, leading Piper Jaffray to reiterate its bullish stance on the streaming pioneer’s stock.

The Analyst

Michael Olson reiterated an Overweight rating on Netflix with a $440 price target.

The Thesis

With Walt Disney Co. (NYSE: DIS) launching a rival streaming service later this year, some investors are concerned about whether Netflix can maintain its suscriber base. Netflix shares dropped more than 4 percent after Disney unveiled details and pricing for its streaming service last month, though it quickly gained much of that loss back. 

PiperJaffray’s survey of more than 1,500 U.S. Netflix subscribers suggests only a small percentage are considering switching, Olson said in a Monday note. (See his track record here.) 

“In other words, we expect Netflix to continue to capture a significant portion of the tidal wave of traditional content dollars that are migrating to streaming.”

The survey is slightly at odds with another poll of Netflix subscribers, by Streaming Observer, in which nearly 15 percent said they might switch to Disney+, which would mean more than $115 million in lost revenue per month.

It may be worth noting that previous surveys have shown lots of subscribers might defect — but they did not. 

Price Action

Netflix shares were dropping on Monday without clear direct news, as the broader market plunged on new China trade war fears. 

Technology stocks were hit particularly hard, including other members of the FAANG group, all of which were down. 

Netflix shares were down 4.56 percent at $344.58 at the time of publication Monday. 

Related Links

Disney+: All The Details About The New Netflix Rival

Survey Finds 8.7M Netflix Subscribers May Switch To Disney+

Photo courtesy of Netflix. 

Latest Ratings for NFLX

Date Firm Action From To
Apr 2019 Maintains Outperform Outperform
Apr 2019 Maintains Outperform Outperform
Apr 2019 Maintains Underperform Underperform

View More Analyst Ratings for NFLX


View the Latest Analyst Ratings

Posted-In: Disney+ FAANGAnalyst Color Reiteration Crowdsourcing Analyst Ratings Tech General Best of Benzinga





Earnings Scheduled For May 10, 2019

Courtesy of Benzinga.

Earnings Scheduled For May 10, 2019

Companies Reporting Before The Bell

  • Viacom Inc. (NASDAQ: VIAB) is estimated to report quarterly earnings at $0.80 per share on revenue of $3.06 billion.
  • Marriott International, Inc. (NASDAQ: MAR) is expected to report quarterly earnings at $1.34 per share on revenue of $5.11 billion.
  • Quorum Health Corporation (NYSE: QHC) is projected to report quarterly loss at $0.64 per share on revenue of $467.87 million.
  • JD.com, Inc. (NASDAQ: JD) is estimated to report quarterly earnings at $0.12 per share on revenue of $17.70 billion.
  • Tribune Media Company (NYSE: TRCO) is expected to report quarterly earnings at $0.22 per share on revenue of $449.63 million.
  • Pattern Energy Group Inc. (NASDAQ: PEGI) is estimated to report quarterly earnings at $0.18 per share on revenue of $145.68 million.
  • Weatherford International plc (NYSE: WFT) is expected to report quarterly loss at $0.12 per share on revenue of $1.35 billion.
  • The RMR Group Inc. (NASDAQ: RMR) is projected to report quarterly earnings at $0.57 per share on revenue of $141.12 million.
  • Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) is estimated to report quarterly loss at $0.28 per share on revenue of $672.29 million.
  • Buckeye Partners, L.P. (NYSE: BPL) is expected to report quarterly earnings at $0.63 per share on revenue of $1.03 billion.
  • NuStar Energy L.P. (NYSE: NS) is estimated to report quarterly earnings at $0.36 per share on revenue of $540.61 million.
  • Enbridge Inc. (NYSE: ENB) is projected to report quarterly earnings at $0.55 per share on revenue of $10.14 billion.
  • GP Strategies Corporation (NYSE: GPX) is estimated to report quarterly earnings at $0.12 per share on revenue of $137.09 million.
  • The E.W. Scripps Company (NASDAQ: SSP) is projected to report quarterly loss at $0.06 per share on revenue of $289.80 million.
  • Hospitality Properties Trust (NYSE: HPT) is expected to report quarterly earnings at $1.2 per share on revenue of $525.47 million.
  • Enerplus Corporation (NYSE: ERF) is estimated to report quarterly earnings at $0.22 per share on revenue of $241.79 million.
  • China Yuchai International Limited (NYSE:


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The Daily Biotech Pulse: FibroGen Kidney Disease Trial Disappoints, Medtronic To Buy Titan Spine, Puma’s Weak Breast Cancer Drug Sales

Courtesy of Benzinga.

The Daily Biotech Pulse: FibroGen Kidney Disease Trial Disappoints, Medtronic To Buy Titan Spine, Puma's Weak Breast Cancer Drug Sales

Here’s a roundup of top developments in the biotech space over the last 24 hours.

Scaling The Peaks

(Biotech stocks hitting 52-week highs on May 9)

  • Alcon AG (NYSE: ALC)
  • ANI Pharmaceuticals Inc (NASDAQ: ANIP) (reacted to its Q1 results)
  • BioSig Technologies Inc (NASDAQ: BSGM)

Down In The Dumps

(Biotech stocks hitting 52-week lows on May 9)

  • Adamas Pharmaceuticals Inc (NASDAQ: ADMS)
  • Aethlon Medical, Inc. (NASDAQ: AEMD)
  • Alkermes Plc (NASDAQ: ALKS)
  • Amneal Pharmaceuticals Inc (NYSE: AMRX)(reacted to first-quarter results)
  • ANCHIANO THERAP/S ADR (NASDAQ: ANCN)
  • Atara Biotherapeutics Inc (NASDAQ: ATRA)(reacted to first-quarter results)
  • CELLECT BIOTECH/S ADR (NASDAQ: APOP)
  • Emergent Biosolutions Inc (NYSE: EBS)
  • Evoke Pharma Inc (NASDAQ: EVOK)(reacted to first-quarter results)
  • Foamix Pharmaceuticals Ltd (NASDAQ: FOMX)
  • Harvard Bioscience, Inc. (NASDAQ: HBIO)
  • NovaBay Pharmaceuticals, Inc. (NYSE: NBY)
  • Proteon Therapeutics Inc (NASDAQ: PRTO)
  • Sienna Biopharmaceuticals Inc (NASDAQ: SNNA)(reacted to first-quarter results)
  • Verastem Inc (NASDAQ: VSTM)

Stock In Focus

Strongbridge Pharma Presents Positive Long-Term Data For Paralysis Drug

Strongbridge Biopharma plc (NASDAQ: SBBP) presented long-term efficacy results for Keveyis, the first and only U.S. FDA-approved treatment for hyperkalemic, hypokalemic and related variants of primary periodic paralysis, or PPP, at the American Academy of Neurology, or AAN, annual meeting. The data showed that long-term treatment with Keveyis in adults is effective in significantly improving both attack frequency and severity in adult patients with PPP.

The stock rose 6.38 percent to $3.50 in after-hours trading.

FirbroGen Drug To Treat Anemia In Chronic Kidney Patients Produces Mixed Results

FibroGen Inc (NASDAQ: FGEN) announced topline results from the pooled safety analyses of the global Phase 3 program for roxadustat in treating anemia in chronic kidney disease patients across the non-dialysis dependent, newly-initiated dialysis and dialysis-dependent populations, which supported safety of the drug.

However, the company said based on the major adverse cardiovascular event, or MACE, safety analyses, there is no clinically meaningful difference in risk of MACE between roxadustat and Johnson & Johnson (NYSE: JNJ)’s Procrit, chemically epoetin alfa, in dialysis-dependent patients.

Fibrogen is partnering


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This Day In Market History: Warren Buffett Takes Control Of Berkshire Hathaway

Courtesy of Benzinga.

This Day In Market History: Warren Buffett Takes Control Of Berkshire Hathaway

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.

What Happened?

On this day 54 years ago, Warren Buffett took control of Berkshire Hathaway, Inc. (NYSE: BRK-A)(NYSE: BRK-B).

Where The Market Was

The Dow finished the day at 931.47. The S&P 500 traded at 89.66. Today, the Dow is trading at 25,828 and the S&P 500 is trading at 2,870.

What Else Was Going On In The World?

In 1965, construction of the St. Louis Gateway Arch was completed. The 1965 Voting Rights Act guaranteed the right to vote for African Americans. A gallon of gasoline cost 31 cents.

Buffett Takes The Reins

Ironically, in 1964, Warren Buffett intended to sell his 7-percent stake in Berkshire Hathaway, which was at that time a failing textile company. Buffett had even reached a verbal agreement with Berkshire president Seabury Stanton to sell his Berkshire shares at a price of $11.50.

That plan changed when Stanton sent Buffett an official offer to buy the shares at a price of just $11.375 per share. The price angered Buffett, who rejected the deal and instead began buying up shares of Berkshire. By early 1965, Berkshire’s share price was up to $15. On May 10, 1965, Stanton resigned as president of Berkshire, citing disagreements with an “outside interest.” Buffett had taken over control of Berkshire by purchasing a 40-percent ownership stake in the company.

Today, Berkshire’s stock trades at roughly $314,000 per share and the company is valued at $513 billion.

Related Links:

This Day In Market History: Comparator Systems Smashes Nasdaq Trading Volume Record

Buffett Still Bearish On Bitcoin: ‘The Asset Itself Is Creating Nothing’

Photo by The White House via Wikimedia. 

Posted-In: this day in market history Warren BuffetCryptocurrency News Education Management Markets General Best of Benzinga





Analyst Says Dogfish Head ‘Could Be Trophy Material’ For Boston Beer

Courtesy of Benzinga.

Analyst Says Dogfish Head 'Could Be Trophy Material' For Boston Beer

Boston Beer Company Inc (NYSE: SAM), the parent company of Sam Adams, reached an agreement to acquire Dogfish Head Brewery. This could prove to be ”trophy material,” according to Macquarie Research.

The Analyst

Macquarie analysts maintain a Neutral rating on Boston Beer with a price target lifted from $325 to $365.

The Thesis

Boston Beer paid around $300 million in cash and share issuance to acquire Dogfish, which the analysts said implies a multiple of 2.6 times estimated 2019 sales or $1,000 a barrel of beer. This represents a premium to Sam Adams’ $885 average, but Dogfish sells at higher price points and should contribute seven to eight points to Boston Beer’s sales growth in 2019.

The acquisition is also expected to be slightly accretive to 2019 earnings by 1.5 percent and rise to 6.5 percent accretive to earnings the following year. Cost saving synergies are expected to be realized in 2020 through sales and distribution costs and brewing.

Dogfish’s sales are growing at a double-digit rate which is likely to “significantly” mitigate Boston Beer’s declining volumes, according to Macquarie. As such, the acquisition of Dogfish and the addition of its founder Sam Alagione to the board will “bring fuel” to the company’s growth story.

Price Action

Boston Beer’s stock traded higher by 3 percent at $343 per share Friday afternoon.

Related Links:

As Suds Sales Decline, Goldman Downgrades Boston Beer

Bank Of America Upgrades Anheuser Busch, But Says Mainstream Beer Still Slumping

Photo credit: Adam Barhan, Flickr

Latest Ratings for SAM

Date Firm Action From To
May 2019 Maintains Neutral
Apr 2019 Downgrades Neutral Sell
Feb 2019 Upgrades Underperform Neutral

View More Analyst Ratings for SAM


View the Latest Analyst Ratings

Posted-In: Beer Dogfish Head Brewery Macquarie Research Sam AdamsAnalyst Color Price Target Top Stories Analyst Ratings Best of Benzinga





11 Stocks To Watch For May 9, 2019

Courtesy of Benzinga.

11 Stocks To Watch For May 9, 2019

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Cardinal Health, Inc. (NYSE: CAH) to report quarterly earnings at $1.43 per share on revenue of $35.20 billion before the opening bell. Cardinal Health shares rose 1.57 percent to close at $49.71 on Wednesday.
  • Analysts expect Booking Holdings Inc. (NASDAQ: BKNG) to post quarterly earnings at $11.26 per share on revenue of $2.93 billion after the closing bell. Booking shares fell 1.87 percent to close at $1,751.63 on Wednesday.
  • Fossil Group Inc (NASDAQ: FOSL) reported stronger-than-expected results for its first quarter on Wednesday. Fossil shares climbed 9 percent to $13.97 in the after-hours trading session.
  • Before the opening bell, Tapestry, Inc. (NYSE: TPR) is projected to report quarterly earnings at $0.41 per share on revenue of $1.34 billion. Tapestry shares fell 0.8 percent to $30.51 in after-hours trading.
  • Analysts are expecting Becton, Dickinson and Company (NYSE: BDX) to have earned $2.58 per share on revenue of $4.24 billion in the latest quarter. Becton, Dickinson shares gained 1.2 percent to $235.00 in after-hours trading.
  • Walt Disney Co (NYSE: DIS) reported better-than-expected results for its second quarter. Disney shares rose 0.5 percent to $135.65 in the after-hours trading session.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

Choosing the best broker is an important part of being a successful trader or investor

  • Wall Street expects Wynn Resorts, Limited (NASDAQ: WYNN) to post quarterly earnings at $1.6 per share on revenue of $1.66 billion after the closing bell. Wynn Resorts shares rose 0.4 percent to $136.50 in after-hours trading.
  • After the markets close, Symantec Corporation (NASDAQ: SYMC) is expected to post quarterly earnings at $0.39 per share on revenue of $1.21 billion. Symantec shares gained 0.8 percent to $22.43 in after-hours trading.
  • Roku Inc (NASDAQ: ROKU) reported upbeat results for its first quarter and issued strong second-quarter sales guidance. Roku shares climbed 8.6 percent to $70.49 in the after-hours trading session.
  • Analysts expect Keurig Dr Pepper Inc. (NYSE: KDP) to report quarterly


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Edgewell’s $1.37B Acquisition Of Harry’s: What You Need To Know

Courtesy of Benzinga.

Edgewell's $1.37B Acquisition Of Harry's: What You Need To Know

Schick razor blade parent company Edgewell Personal Care Co (NYSE: EPC) said Thursday that it reached an agreement to acquire razor retailer Harry’s for $1.37 billion.

What Happened

Edgewell will acquire Harry’s in a cash-and-stock transaction to create a “next-generation consumer products platform,” the companies said in a press release.

The acquisition will combine Harry’s “disruptive force” across the shaving and adjacent grooming market with Edgewell’s intellectual property, product technology, global scale and strong consumer brands, the companies said. 

Harry’s co-founders and co-CEOs Andy Katz-Mayfield and Jeff Raider will join the executive team of Edgewell as co-presidents of U.S. operations.

Why It’s Important

The companies said the transaction brings four benefits:

  • Giving Edgewell better exposure to a broader and more diverse set of consumers.
  • The creation of superior consumer connections through a fully integrated omnichannel experience.
  • The generation of $20 million of EBITDA in annual cost savings by 2023, $225-$240 million of gross cost savings and $20 million of EBITDA in annual revenue synergies by 2023.
  • The creation of $200-$300 million of annual organic free cash flow.

What’s Next

Edgewell and Harry’s respective board of directors both approved the transaction, which is expected to close in the first quarter of 2020. Edgewell said it will use a combination of cash on hand, net new debt and equity to finance the transaction.

Edgewell shares were falling by 9.62 percent to $35.98 at the time of publication Thursday. 

Related Links:

A Peek Into The Markets: US Stock Futures Dip Ahead Of Economic Data, Fed Speakers

28 Stocks Moving In Thursday’s Pre-Market Session

Posted-In: grooming Harry’s personal care RazorsNews M&A Best of Benzinga





28 Stocks Moving In Thursday’s Pre-Market Session

Courtesy of Benzinga.

Gainers

  • Workhorse Group Inc. (NASDAQ: WKHS) rose 35.9 percent to $3.60 in pre-market trading after surging 214.54 percent on Wednesday.
  • The Stars Group Inc. (NASDAQ: TSG) rose 20.4 percent to $21.05 in pre-market trading after the company reported a deal with FOX Sports.
  • Tapestry Inc (NYSE: TPR) shares rose 12.2 percent to $34.50 in pre-market trading after reporting upbeat Q3 profit.
  • ARCA biopharma, Inc. (NASDAQ: ABIO) shares rose 10.9 percent to $16.74 in pre-market trading after reporting upbeat quarterly earnings.
  • Roku, Inc. (NASDAQ: ROKU) shares rose 9.4 percent to $71.00 in pre-market trading after the company reported upbeat results for its first quarter and issued strong second-quarter sales guidance.
  • Veritone, Inc. (NASDAQ: VERI) shares rose 9.1 percent to $6.75 in pre-market trading following strong Q1 results.
  • Fossil Group, Inc. (NASDAQ: FOSL) rose 7.8 percent to $13.82 in pre-market trading after the company reported stronger-than-expected results for its first quarter on Wednesday.
  • Catalyst Pharmaceuticals, Inc. (NASDAQ: CPRX) shares rose 7.5 percent to $3.00 in pre-market trading after falling 24.39 percent on Wednesday.
  • Fox Corporation (NASDAQ: FOXA) rose 5.3 percent to $39.40 in pre-market trading after reporting better-than-expected earnings for its third quarter.
  • EMC Insurance Group Inc. (NASDAQ: EMCI) rose 3.6 percent to $33.45 in pre-market trading after reporting Q1 results. Employers Mutual Casualty Company announced plans to purchase EMC Insurance Group for $36 per share in cash.
  • AngloGold Ashanti Limited (NYSE: AU) rose 3.1 percent to $12.05 in pre-market trading.
  • Carvana Co (NYSE: CVNA) rose 3 percent to $73.70 in pre-market trading after reporting a first-quarter sales beat. The company issued strong 2019 sales guidance.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

Check out these big penny stock gainers and losers

Losers

  • Stamps.com Inc. (NASDAQ: STMP) fell 48.1 percent to $43.30 in pre-market trading after the company cut FY19 EPS and sales guidance.
  • Conduent Incorporated (NYSE: CNDT) fell 24 percent to $9.50 in pre-market trading after the company reported worse-than-expected Q1 EPS and sales results. The company also cut FY19 sales guidance.
  • Green Dot


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Zero Hedge

Visualizing The 150 Apps That Power The Gig Economy

Courtesy of ZeroHedge. View original post here.

Go back in time a decade, and you’d have a tough time convincing anyone that they would be “employed” through an app on their phone.

And yet, as Visual Capitalist's Jeff Desjardins explains, in a short period of time, the emergence of the smartphone has enabled the gig economy to flourish into a multi-trillion dollar global market. And by leveraging apps like Uber, Airbnb, and Etsy, it’s estimated that ...



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Phil's Favorites

What's going on with Blue Apron?

By Ilene 

The Blue Apron business model appears, perhaps, flawed. While the service is convenient, I think it would appeal mostly to very busy people who don't have time to shop for food -- but enjoy cooking -- and have enough money that the trade off between paying for food delivery vs. spending time shopping is worth it. Here's the unfortunate stock chart and some numbers from Yahoo:

The company has been losing money, and is projected to lose money again next year. Revenue is projected to decrease in 2019 from the 2018 level, but pick up again in 2020, though still below 2018's revenue. Maybe a larger company that could integrate APRN's services into its existing infrastructure should acquire APRN and save it from its apparent...



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Chart School

Palladium minor cycle bottom

Courtesy of Read the Ticker.

Once again RealVision TV posts another trade idea, long palladium. We shall review it with our RTT cycle tools and parallel channels.







Any trader will be concerned with the supply shock at $1800 which pushed down price quickly. Profit taking maybe, sure! The question, is there more supply out (or more profit taking) there ready to dump on the market, either now or after any minor advance. This why waiting for the 'C' wave of the A-B-C to form over some more time is a good idea, and once done, we want to see solid buying moving price up before acting, after all we do not want to be early or a lonely bull (Richard Wyckoff logic). 

The parallel channel highl...

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Digital Currencies

Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control

 

Cryptocurrencies are finally going mainstream – the battle is on to bring them under global control

The high seas are getting lower. dianemeise

Courtesy of Iwa Salami, University of East London

The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what ...



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Kimble Charting Solutions

Banks Sending Bearish Message To Stocks, Says Joe Friday

Courtesy of Chris Kimble.

Quality bull markets prefer to see Banks stronger than the broad markets or at least keeping up with it. Concerns often crop up when banks reflect relative weakness compared to the S&P.

This chart looks at the Bank Index (BKX) over the past few years, reflecting a falling channel of lower highs and lower lows has taken place inside of falling channel (1). This falling channel has now been in play for the past 15-months.

The index hit the bottom of the channel in December of 2018 and a counter-trend rally took place. The rally off the December lows saw the index hit the top...



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Insider Scoop

Analyst: US Sanctions 'May Not Kill Huawei'

Courtesy of Benzinga.

President Donald Trump signed an executive order Wednesday that limits how "foreign adversaries" conduct business with U.S. companies.

What Happened

The Department of Commerce said China's Huawei and 70 related companies will be included in the "Entity ...



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Biotech

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

Reminder: We are available to chat with Members, comments are found below each post.

 

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

A map of DNA with the double helix colored blue, the landmarks in green, and the start points for copying the molecule in red. David Gilbert/Kyle Klein, CC BY-ND

Courtesy of David M. Gilbert, Florida State University

...



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ValueWalk

More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>


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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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