Netflix Inc. (NASDAQ:NFLX) is bubbling, and one important lesson is that bubbles burst. A counter point is bubbles persist and you do not necessarily want to short the stock because you may be caught up in a short squeeze. I believe it is a great time to take profits in NFLX. My recommendation is to sell some of your stock holdings to preserve capital and/or take some profits. Strike while the iron....More>>>
Canadian Prime Minister Justin Trudeau has renewed his threat to scrap a potential deal to buy fighter jets from Boeing.
Trudeau called the U.S. plane manufacturer’s trade action against Canadian company Bombardier “unwarranted” and added that if Boeing (BA)continues the dispute, Canada won’t be buying Boeing’s F/A-18 Super Hornet fighter jets. The deal could....More>>>
Why Do the Pundits Hate Annuity Commissions?
Senate prepares to vote on skinny ACA change proposal
Vice President Breaks Health Bill Debate Tie
U.K. regulators set out plans for ensuring senior staff of financial-services firms can be held to account for misconduct on their watch, extending rules already in place for banks to almost all firms.
The Senior Managers and....More>>>
Novartis AG (NVS) said Monday that it has received approval from the European Commission for a blood cancer treatment known as Rixathon, a biosimilar version of Roche AG’s (RHHBY) blockbuster Rituxan that generated around $7.5 billion in sales last year.
Sandoz, the biosimilar division of Swiss drugmaker Novartis, said the approval allows for the use of Rixathon in Europe and....More>>>
Starbucks (NASDAQ:SBUX) is an incredibly well-run business with impressive fundamentals as a direct result. That’s it; no need to discuss about the atmosphere in the stores, rewards programs, Pokemon Go, or even Chinese market penetration. That is the job of the management. The company has proven its worth year after year through its strong fundamental growth.
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Three of the early darlings of Web 2.0 have nearly died. Each has a stock price that has collapsed over the past two years, while the Nasdaq has jumped 18% to an all-time high. Yelp Inc. (NASDAQ: YELP), Groupon Inc. (NASDAQ: GRPN) and Twitter Inc. (NASDAQ: TWTR) shares have cratered. One reason the shares are down, aside from theirfinancial performance, is that no other company is likely to acquire....More>>>
On Friday, four out of ten of the worst performing small cap stocks had double digit losses due to announcing public stock offerings:
Medical device stock Transenterix Inc (NYSEMKT: TRXC) sank 40.37% after announcing a $24.9 million offeringand the pricing of its public offering of units, each consisting of one share of the Companys common stock, one Series A warrant to purchase one share....More>>>
Having worked with highly skilled traders of financial markets at a variety of money management organizations, I’ve noticed one distinctive marker of success: the great traders leverage one or more great strengths in their personalities and in their information processing. Those strengths differ from one exemplary money manager to another, but in each case some distinctive strength is evident.
Wells Fargo’s David Maris and team call Valeant Pharmaceutical International’s (VRX) earnings and guidance “worse than feared” and contend that the struggling specialty pharmaceutical company’s “debt problem [is] coming into focus.” They explain:
Our preliminary look at 1Q results leads us to believe that Valeant is performing....More>>>
Retirement Is Lifes Most Expensive Purchase
OMB Looks Ready to OK Delay of Fiduciary Rule
CFPB Barred, for Now, From Naming Company Under Investigation
Advisors and their firms know they have to “work smarter” online. At a social media conference Thursday in San Francisco sponsored by the Securities Industry and Financial Markets Association, leaders in the technology....More>>>