Michael E. Lewitt
By now, it should be apparent to anybody with a functioning cerebellum that our political and economic policy leaders are abject failures. After years of impotent monetary policy at the hands of the Fed, decades of incompetent foreign policy by several administrations, a dormant and corrupt Congress, and an activist Supreme Court rewriting the Constitution, the world....More>>>
The chance of a potential buyout by Facebook Inc. offers support for Snap Inc. stock. But Would Facebook really want to buy Snapchat?
Venice, California, based Snap Inc (NYSE:SNAP), parent of the popular photo-sharing app Snapchat has been listed on the NYSE for less than a week. In the week immediately following the Snap IPO, a number of Wall Street firms issued initial commentary....More>>>
Michael E. Lewitt
Back in April, I recommendedCaesars Entertainment Corp.(Nasdaq: CZR) as a buy – but warned you that this was a play that might take some time to mature.
If you haven’t gotten in already, you’ll want to do it soon.
After months of bitter wrangling, the much-beleaguered Caesars has finally reached a $5 billion deal with the private-equity....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
It's one of the few constants in the financial markets… Popular investment ideas are usually losers. As we often preach, it pays to be a contrarian. Or as billionaire investor Warren Buffett has famously said, "Be fearful when others are greedy, and greedy when others are fearful." Whatever phrase you choose… whenever the "crowd" is....More>>>
Small cap 3D printer stockVoxeljet AG (NYSE: VJET) reportedQ1 2017 earnings after the Thursday market close with shares falling in premarket trading after a big run up over the past month. Total revenues decreased 7.0% to kEUR4.530 million as systems revenues decreased 39.2% to kEUR 1.693 million while services revenues increased 35.9% to kEUR 2.837 million. The Company delivered two new....More>>>
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Puzder Withdraws From Labor Secretary Nomination
Wine prices have been on a tear for 14 months, as measured by the Liv-ex 100 Fine Wine Index.
In fact, they are at their highest levels since October 2011, and the Live-ex index rose about 25% in 2016.
The IBD looks at trends affecting the costs....More>>>
Steven Mnuchin could soon be signing your money, so it’s kind of a big deal that his signature is illegible.
President-elect Trump has picked Mnuchin to replace Jack Lew as the next Treasury secretary. If the Senate approves his Cabinet pick, then Mnuchin’s signature will appear in the lower right corner of newly printed currency.
But he’s no John Hancock. Mnuchin’s....More>>>
The Q4 2016 earnings report for small cap 3D printer stock ExOne Co (NASDAQ: XONE) is scheduled for after the marketcloses onThursday (March 16th). 3D printer stocks had their day in the sun a fewyears ago, buthave been disappointing investors eversincethe 3Dbubble burst whileHP Inc (NYSE: HPQ) entering the printer market with its Jet Fusion 3D adds further headwinds. However,3D printershares....More>>>
The full Q4 2016 earnings report for small cap 3D printing stockStratasys, Ltd (NASDAQ: SSYS)is scheduled for before the market opens onThursday (March 9th). Its hard to see 3D printing stocks regaining their former highs any time soon as HP Inc (NYSE: HPQ) has entered the3D printer market with its Jet Fusion 3D. However,it appears that 3D printing stockshave stabilized as the short interest....More>>>