The last time we saw today's setup, one group of stocks more than doubled in four years and left U.S. stocks in the dust... It has nothing to do with China. And it might surprise you... European stocks are now dirt-cheap compared with their U.S. counterparts. Based on histo
Shares ofPenn National Gaming, Inc. (NASDAQ:PENN), casino operator and equipment maker largely focused on slot machines, climbed 28% throughout March, according to data fromS&P Global Market Intelligence, after the company announced that it raised financial guidance for the first quarter of 2017 ending March 31.
Berkshire Hathaway CEO Warren Buffett (Trades, Portfolio) extolled many of his portfolio holdings for repurchasing their shares, “some quite aggressively,” in his 2016 annual letter. Buffett, who is price-conscious and won’t repurchase his own companies’ shares at more than 1.2 times book value, a statement he last made good on in 2012, approved of his investees’....More>>>
Congressman Introduces Bill to Delay DOL Fiduciary Rule
Expect Modest Portfolio Returns in 2017: Vanguard
A just-barred financial advisor has agreed to plead guilty to charges that he blocked a Securities and Exchange Commission investigation by concealing secret and improper referral payments made to a lawyer in order to win the business of a....More>>>
Volkswagen AG (VLKAY) shares were under pressure Wednesday after prosecutors searched the headquarters of its Audi Group division as part of an ongoing probe into the use of ‘cheat devices’ in diesel emissions engines.
The probe overshadowed the luxury brand’s full-year earnings, which showed operating profits had fallen by some 40% last year to just over 3 billion.....More>>>
The Q3 2016 earnings report for Israel based small cap home beverage carbonation stockSodastream International Ltd (NASDAQ: SODA) is scheduled for before the market opens onThursday (November 9th), but theIsrael connection along with changing consumer tastes havehad shares going from fizzy to flat. However, Sodastream International is making efforts to revamp its image with shares surging after....More>>>
Yesterday, Tiffany (TIF) soared following the release of its earnings. Cowen’s Oliver Chen and team liked what they saw enough to raise their price target but list four things that have to happen before they’d get “more constructive,” which we can only assume means raise their rating:
This morning, our Elite Opportunity Pronewsletter suggested taking a closer look at gold as the considerable market uncertainty right now ahead of the US elections goes witout saying along with action ongolds technical charts:
As for gold, the precious metal is really going to need to pick it up soon, as it has once again found its way back down around another potential pivot point. I’ve....More>>>
Teck Resources (NYSE:TECK) performed exceptionally well in 2016, rising from the low single digits to the mid-$20s. I don’t think the stock will repeat that strong performance in 2017. However, I do think the stock will outperform the S&P 500 with strong double-digit gains. Teck Resources’ recent 20% pullback has the stock at an oversold level. The stock remains undervalued as compared....More>>>
Like any single currency area, the eurozone has only one AD. Thats true despite the fact that it contains 19 countries. In contrast, China has 4 ADs, for Mainland China, Hong Kong, Macao and Taiwan. (The Taiwanese constitution says they are part of China, who am I to argue?)
Here is the eurozone unemployment rate:
The disastrous policy tightening of 2011 pushed eurozone unemployment....More>>>
Sales Trends A Bit Soft, But Nothing To Worry About
I have been a bit disappointed by Nordstroms (NYSE:JWN) recent results. Not because it was a bad quarter per se, but because it broke the sequence of constant overperformance compared to other peers in the
It's been a bad month for Pegasystems (NASDAQ: PEGA), with investors running for the exits after a huge top-line miss in Q3. For an enterprise software company, there's probably nothing worse. Pegasystems sold off from all-time highs near $65 and now trades nearly 20% lower, in the low $50s.
I have previously written some articles where I have tracked Tesla's (NASDAQ:TSLA) construction and purchases of property, plant, and equipment (P,P & E), as well as Tesla's payments for them. The reason Tesla does not have to pay for all its equipment up front was explained in
Ever since the proposed acquisition of Rite Aid Corporation (NYSE:RAD) by Walgreens Boots Alliance Inc (NASDAQ:WBA) was restructured multiple times and eventually turned into an all-cash deal for a couple stores, RAD stock has been left for dead.