Hodges Capital Management Inc. lowered its stake in shares of WPX Energy (NYSE:WPX) by 1.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,047,818 shares of the oil and gas producer’s stock after selling 17,025 shares during the period. WPX Energy accounts for about 1.2% of Hodges Capital....More>>>
Beazer Homes USA (NYSE:BZH) – Wedbush raised their FY2018 earnings per share (EPS) estimates for shares of Beazer Homes USA in a research note issued to investors on Thursday, May 3rd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $2.07 for the year, up from their previous estimate of $1.75. Wedbush currently has a “Outperform”....More>>>
Warren Buffett attends the world premiere screening of HBO’s “Becoming Warren Buffett” at The Museum of Modern Art on Thursday, Jan. 19, 2017, in New York. (Photo by Charles Sykes/Invision/AP)
Warren Buffett rarely likes technology stocks.
His rationale? Stick with what you know. Buffett readily admits that he does not understand technology so he has avoided investments....More>>>
Some people start benefits at 62 in order to invest the cash. Dumb.
Get the money now and invest it. You can make enough on your portfolio to come out ahead of someone who waits.
Thats what a lot of people tell themselves in starting Social Security at 62 rather than at 70. I think theyre making a big mistake. Theyre doing the math wrong.
Before we get into....More>>>
The Q4 2016 earnings report for small cap consumer electronics retailer Aaron’s, Inc (NYSE: AAN) is scheduled for before the market opens onFriday (February 17). Last time around, shares spiked in the high single digits after better-than-expected third quarterearnings.
A technical chart for Aaron’s, Inc shows shares taking off late in October, peaking in December and falling off....More>>>
Shares of energy stocks, including ExxonMobil (XOM), Chevron (CVX), Whiting Petroleum (WLL), and Devon Energy (DVN), are surging on reports that OPEC has agreed to to limit the amount of oil its members produce. Bloomberg’s Nayla Razzouk,Grant Smith, and Angelina Rascouetreport:
OPEC agreed to cut production for the first time in eight years, according to a delegate....More>>>
The recent U.S. stock rally, which began off the bottom in late June and saw the market break to new all-time highs in early July, has been anemic by almost any measure. While not that much seems to be happening on the surface, underneath it the internals have been undergoing change. The groups leading the rally are not the same groups leading the market prior to the rally. It is not uncommon for....More>>>
Stocks spent most of Friday’s session in the red before breaking higher at the end of the trading day. By the close, theDow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each gained less than 0.25%.
Today’s stock market
Dont take any dividends for granted today. Business disruption is accelerating as entire industries are being eaten alive.
Uber and Lyft? Killed cabs.
Amazon (AMZN)? Its crushing retail, and starving their REIT landlords right before our very eyes.
And soon, they might team up to offer more same day deliveries and make more rivals obsolete!
On Tuesday, our Under the Radar Moversnewsletter suggestedgoing long on small cap energy storage and power delivery stock Maxwell Technologies (NASDAQ: MXWL):
We had to zoom in pretty tight on the chart of MXWL to show you some of the most relevant details. But, know that in so doing we lost some perspective on another key bullish clue. That is, the converging wedge pattern (red lines) extends....More>>>