January 10, 2017: Markets opened mixed again Tuesday as the blue chips got off to a slow start. The DJIA peake in the middle of the day and slid back into the red with about an hour left this afternoon. The Nasdaq even posted another all-time high at 5,564.25 early this afternoon. Healthcare and financials were leading sectors while real-estate and energy lagged. WTI crude oil for February delivery....More>>>
Last week’s earnings announcement by Total SA (NYSE:TOT) served notice to the markets that the company will be on the offensive going forward.
The company beat earnings on the top and bottom lines by a wide margin, earning $.96 a share on Revenues of $42.3B, beating street estimates by 8%. It also increased its dividend to 0.62 euros.
As I study the energy space, it appears to....More>>>
Is Facebook Inc stock a good buy near its all-time high price?
Shares of Menlo Park, California-basedFacebook Inc.(NASDAQ:FB)are on a roll in 2017, gaining more than 21% YTD after a lackluster 2016. FB stock is trading near its all-time high of $139.68. FB stock has been driven by multiple factors. At large, the strong bullish rally has been on account of strong revenue growth....More>>>
The volatility index, or VIX once again closed under 12 percent last Friday. It has hovered in the range of 10-13 percent for the entirety of 2017 after it collapsed from a high in the low twenties following the Presidential election.
That seems like eons ago, right? And with this low volatility comes frustration for those sitting on the sidelines waiting to get involved with the stock....More>>>
On Friday, our Under the Radar Moversnewsletter suggested small cap China based online retailstockLightinthebox Holding Co (NYSE: LITB) as a long/buy trade:
LITB has been on our watchlist for a while now, but gave us that clinching signal today. That is, after pushing up and off an entanglement of moving average lines (which made a few bullish crosses this week, by the way), LightintheBox....More>>>
Shares of Apple Inc. (NASDAQ: AAPL) added $7.14 last week (4.8%), posting a new 52-week high on Friday. The company remains the best-performing stock by a wide margin among the 30 equities thatcomprise the Dow Jones Industrial Average (DJIA). The company’s stock is up 34.78% year to date, well above second-place McDonald’s 19.42% improvement.
Apple reported fiscal second-quarter....More>>>
It was not a good week to be invested in shipping company DryShips (NASDAQ:DRYS). The week got off to a terrible start after the firm struck another deal to sell over $226 million worth of shares to Kalani, its largest equity sale in the past few months. With investors about to be diluted by another 100% or potentially more, I warned it was only a matter of time before a reverse split came. On Thursday....More>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....More>>>
Government and Regulatory
According to sources, China is getting close to announcing a revised National Reimbursement Drug List (NRDL), the group of drugs covered by China’s national insurance plan. There will be 300 additions, 130 of which will be chemical drugs. The rest will be traditional Chinese medicines. This is the first update of the NRDL since 2009. Last May, China negotiated....More>>>
Basically, all scams appeal to some combination of two emotions: greed and fear. By playing on these emotions, a good con artist can often convince even the most skeptical people to forgo their better judgement when asked to part with their hard-earned money.
The typical romance scam, though, is even more sinister: It plays on the victim’s lonely heart as well. People tend to think....More>>>