#NYC #NewYorkCity #DeBlasio #BLM #scary #PresidentTrump #Haley #NYSE #C19coronavirus #riots #protests #police $DIA $SPY $QQQ $RUTX $VXX “I will not have open borders, we will not abolish the police, and we will not slash the budgets for our military, and we will not allow our country to be swamped with deadly drugs.” — President Donald […]
#President Trump #leader #tough #C19coronavirus #policies #market #WhiteHouse $DIA $SPY $QQQ $RUTX $VXX “US Needs Very Tough Leader, Not Empathy and Love” — Dick Morris America needs a “very tough leader” in these times of violent race protests and the outbreak of the C-19 coronavirus, former presidential adviser and campaign consultant Dick Morris said in […]
#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]
#IndependenceDay #US #stock #markets #DJIA #NFPs #jobs #investors #PresidentTrump #economy #WhiteHouse #PPP #vaccine #C19coronavirus $DIA $SPY $QQQ $RUTX $VXX Stocks rose Thursday and gained on the week, as investors cheered the resiliency of a US economy that created nearly 5-M jobs in June and the number for May revised to nearly 3-M. President Trump said June’s better-than-expected […]
#aid/relief #businesses #rally #Fed #FOMC #Congress #PPP #economy #PresidentTrump $DIA $SPY $QQQ $RUTX $VXX Fed Chairman Powell and Treasury Secretary Mnuchin testified before the House Financial Services Committee about the measures taken to support the economy. Treasury Secretary Steven Mnuchin told Congress Tuesday that The Trump Administration wants the next round of economic aid/relief to […]
$DIA $SPY $QQQ $RUTX $VXX Thursday, Top White House economic adviser Larry Kudlow said the US economy will not shut down again and cripple the strong economic recovery. Mr. Kudlow said there will be “spikes and hot spots,” that might force shutdowns “in individual places or certain stores.” But the American people will/can “have to […]
$DIA $SPY $QQQ $RUTX $VXX Wall Street rallied Wednesday with the NAS Comp approaching record highs as signs of an economic recovery from the Medical Malpractice chaos instant recession. Financials, industrials and tech pushed the 3 major US stock indexes well into the Green. The S&P 500 and the NAS Comp each posted their 4th day […]
$ICE The New York Stock Exchange will reopen Tuesday with masked traders and no visitors to ring the Opening Bell. Only 25% of the usual amount of traders will return to the trading floor after the 2-month closure. And there will be mitigation measures in place to help with social distancing. Traders must avoid taking public […]
$DIA $SPY $QQQ $RUTX $VXX Americans locked at homes for 9 wks are anxious to participate in a C-19 coronavirus experiment that begins this Memorial Day weekend, with all 50 States open at least in part. People are filling resorts, casting aside masks at the mall and eating out. That freedom will boost an economy […]
$DIA $SPY $QQQ $RUTX $VXX $ICE The President of the New York Stock Exchange Stacey Cunningham announced after the closing bell Thursday the NYSE is going to reopen the trading floor the day after Memorial Day. “We will reopen our trading floor to a subset of floor brokers the day after Memorial Day,” Ms. Cunningham wrote […]
The New York Stock Exchange has been working closely with government officials and regulators who all support keeping its floor open to help dampen the market’s volatility at this period of time, and steps are being taken to keep them safe from coronavirus, NYSE President Stacey Cunningham said Wednesday. “People on the floor want to […]
$DIA $SPY $QQQ $RUTX, $USO, $XAU, $USD, $VXX Despite the coordinated stimulus packages announced by central banks and the massive stimulus plans laid out by Washington, confidence was lacking due to the growing outbreak of COVID-19 and the continued shutdown of the economy. Shortly before the close, the Senate passed the House bill that provides […]
$DIA $SPY $QQQ $RUTX $MCSI $XAU $VXX Monday, Wall Street’s 3 major stock market indexes fell as investors moved to safe-havens after a rise in coronavirus cases outside China caused worries about the global economic impact of a potential pandemic. Note: WHO removed pandemic from the virus’ and downgraded to emergency Sunday. Wall Street’s 3 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX I herewith urge all investors to avoid making hasty decisions after China announced a rise in cases of a deadly new virus that the media says threatens to crimp global economic growth. Stocks markets pulled back worldwide Monday on the supposition that investors are worried about the potential economic impact of […]
$DIA $SPY, $QQQ, $RUTX, $VXX Wednesday, the DJIA closed above 29,000 for the 1st time plus the S&P 500 closed at a record high after the United States and China signed the Phase 1 trade agreement and pledged to resolve the 2 yr tariff dispute. The centerpiece of the agreement is a pledge by China […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Late Friday US stocks came off from record-high marks as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gainers on the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the US government data showed, as the pace […]
$DIA $SPY $QQQ, $RUTX, $VXX, $SOY, $CORN, $XAU, $CU, $USO This is our 1st What to Watch in the commodities sector, it is an overview of what to expect. The picture mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more. The year’s 1st full week of trading could […]
$DIA, $SPY, $QQQ, $RUTX, $VXX There are powerful new players watching what you buy so it can tailor product offerings for you, they are the banks behind your credit or debit card. The banks want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. Banks […]
$DIA, $SPY, $QQQ, $RTUX, $VXX The benchmark S&P 500 stock index posted a slim gainer Tuesday as President Trump said the United States is close to signing an initial trade deal with China and lauded the economy. The S&P 500 and NAS marked all-time highs during trading but stocks ended off session highs with investors […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Donald Trump again cheered as all 3 of the major Wall Street’s indexes posted record closing highs Monday, extending a recent run of gainers, on prospects of a US-China trade deal and an improving US economy. It was the 2nd consecutive session of closing records for the S&P 500 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Saudi Aramco is exploring ways to reward loyal investors in its IPO (initial public offering) to ensure the record share sale is not followed by a wave of selling. One way that Aramco has discussed with Saudi regulators is whether it could offer bonus shares to retail stock buyers who […]
$SPY, $SPX, $DIA, $RUTX, $QQQ, $VXX S&P 500 finishes above 3000 Things Bulls dread this earnings season is that it become the scene of a big downward cut in next year’s estimates. It happened last year, helping foment the worst fourth quarter of the bull market. It is very early, but it is happening now. […]
$DIA, $SPY, QQQ, $RUTX, $VXX Recap: all 11 S&P 500 sectors finished in negative territory, with the financials (-1.4%), materials (-1.2%), and consumer staples (-1.2%) sectors losing over 1.0%. Stock investors who have been whipsawed for most of August can look forward to a reprieve in the next 2 weeks, a JPMorgan Chase & Co. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump targeted Fed policy as the reason for this recent market turmoil. In raising interest rates 4X last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs, President Trump tweeted. “Too bad, so much to gain on […]
$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX The US stock market finished solidly in the Green Thursday, as trade anxiety subsided and investors embraced a risk-on mindset. The S&P 500 advanced 1.9%, which extended its 2-day bounce to 112 pts, or 4.0%, from its session low Wednesday. Thursday, President Trump again expressed dissatisfaction with USD’s strength, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market indexes ended Thursday near session lows after spending the day in the Red. The DJIA (-0.5%) and S&P 500 (-0.5%) posted comparable losses while the NAS Comp(-1.0%) under-performed during the session. The top-weighted technology sector (-0.8%) was among Thursday’s weakest, while most of the remaining cyclical […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 Information Technology sector (+1.2%) was Monday’s leader, led by shares of Apple (NASDAQ:AAPL) and semiconductor companies. The other 10 S&P 500 sectors hung near their unchanged marks. Apple outperformed after Morgan Stanley raised its price target to 247 from 231. The Philadelphia Semiconductor Index rose 2.0% following […]
$SPY The US stock market finished lower last week on relatively low volume and volatility. Perhaps it was the pre-conceived negative earnings expectations due to reports released before the results season started that fueled the lackluster price action. Perhaps it was options expiration. Uncertainty over the size of the expected Fed rate cut at the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The gauge of equities finished flat to unchanged Tuesday, as US Treasury yields moved higher on a stronger-than-anticipated report on US retail sales raised the possibility the Fed might adopt a less Dovish stance. The S&P 500 lost 0.3% Tuesday, led lower by shares of energy and technology companies, while […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Every time a significant transaction tax has been tried, it has either been gutted or eliminated due to its failure to collect anything close to projected revenue and its impact on capital markets. Got that Bernie? American Communist Presidential hopeful, Senator Bernie Sancers (I-VT) proposed a plan Monday to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull Market in stock is the longest on record. The S&P 500 Index marked a record closing high Thursday, buoyed by Wall Street’s expectations that the Fed will cut interest rates as soon as July to keep the US-China trade dispute from stalling economic growth. The Fed left […]
$SDIA, $SPY, $SOX, $QQQ The S&P 500 (SPY) approached record highs Wednesday after the Fed signaled potential interest cuts later this year, reassuring Wall Street investors worried that the US-China trade war could stall economic growth. Saying it “will act as appropriate to sustain” economic expansion, the Fed signaled rate cuts of half a percentage […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX President Trump will not renominate Jerome Powell for another term as Fed Chairman if re-elected. “That will lead to very different monetary policy, so the Fed is not fully independent of politics,” former Fed VC Fischer, an Hussein Obama appointee, said Sunday at a talk in Israel. By criticizing […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $USO, $OIL, $VXX FLASH: Crude Oil prices rose after 2 Crude Oil tankers were attacked off the coast of Iran, the US blamed Iran for the attack fueling energy stocks to lead the advance. Crude Oil tankers came under attack Thursday near the strategic Strait of Hormuz, with 1 of […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: US stocks rallied for a 4th day running after weak NFPs data added to bets the Fed will cut rates. US Treasury yields and the USD fell. The S&P 500 Index had its best week since November 2018 on speculation the Fed will move to shore up the […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: 2 prominent Fed watchers said they now expect the central bank to cut interest rates this year as policy makers react to a darkening economic outlook. JPMorgan Chase & Co. (NYSE:JPM) chief US economist Michael Feroli and former Fed Governor Laurence Meyer both said the Fed will act […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Cash is King for investors heading into Summer Increasing a cash buffer is typical during times of economic and geopolitical uncertainty. But data from global wealth managers show that stashing cash has continued at unusually high rates even as global stocks have rallied this year on conflicting signals […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Managed money’s lack of conviction in the Y 2019 stock rally has become notorious, but managers retained faith in the Leadership. Hedge funds kept equity exposures light in this year’s advance, the relative size of their biggest Long positions remained “extremely elevated,” according to the latest research from […]
$ICE, $NADQ Friday, US regulators approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges. The US Securities and Exchange Commission (SEC) Friday approved the creation of the Long-Term Stock […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US inflation is falling again, and this time Fed officials may feel compelled to respond. After a gauge of price pressures central bankers watch closely finally rose above their 2% target last Summer marking the 1st time North of it since 2012 it moderated to 1.8% in January, and […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]
China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services […]
China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services […]
$ICE, $CBOE, $NDAQ The 3 largest US stock exchange operators said they will sue the Securities and Exchange Commission (SEC) for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. “We disagree with the government overreach, and this really represents an unprecedented attempt […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Fake News: reports of canceled trading meeting with Chinese officials untrue, there was No meeting planed to cancel. “The big meeting that everyone’s moving towards will be Vice Premier Liu He is coming at the end of the month, as I think everybody knows. That will be a very important […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks paused to refresh Friday after being up 10.4% since Christmas Eve, earnings season begins in earnest next week, Analysts have been very negative ahead of this coming reporting frame. Earnings reports start next week with results from the big banks. And the warnings have been the most dire in […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL The S&P 500 fell 2.5% Thursday, as a revenue warning from Apple (NASDAQ:AAPL) and weak manufacturing data fueled concerns about a slowdown in global economic growth, undermining the broad market. The DJIA lost 2.8%, the NAS Comp lost 3.0%, the Russell 2000 lost 1.8%. On the day, 9 of the 11 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 retests its February low at 2532.69 for the 3rd session running US stocks declined Wednesday after the Fed’s dovish forecast of fewer interest-rate increases in Y 2019 fell short of investors’ hopes of a more dovish monetary policy. The DJIA fell as much as 500 pts at 1 […]
Ferrari (NYSE:RACE) Builds 1-off Supercars for its Loyal Clienti $RACE Ferrari (NYSE:RACE) has a history of building 1-off Supercars for its loyal customers, which is how its new open-top Monza sports cars came to be. Now, we are seeing this Ferrari SP3JC commissioned by a longtime customer with unusual tastes. The SP3JC livery is wild! The […]
Ferrari’s (NYSE:RACE) 488 Pists Wins Supercar of the Year Award $RACE Plus, the 488 Pista’ s 3.9 litre twin-turbo V8 delivers 710hp, and is the best engine in the World Ferrari (NYSE:RACE) managed to make 700bhp Supercar usable, and fun to drive. Ferrari’s latest mid-engined Special Series V8, the 488 Pista, has been nominated “Supercar […]
Ferrari (NYSE:RACE) Planning to Introduce an 812 Convertible $RACE Ferrari (NYSE:RACE) will follow up its Limited Edition Monzas will a full production run of a 812 roadster aka Spider. According to a FerrariChat forum frequented by Ferrari fans and owners a convertible version of the Ferrari 812 Superfast is in the works with some clienti saying they have placed […]
F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years” + The Maranello Outfit is buying back its shares in the market. $RACE Ferrari’s (NYSE:RACE) engineering Chief Jock Clear believes the Team has had its “strongest season for 10 years” in F1 during Y 2018. Although Ferrari emerged as a major threat to MercedesAMG in the […]
The FAANGs Drove the S&P 500 (SPY) Due South Monday $DIA, $SPY, $QQQ, $RUTX, $VXX FAANG Group: Apple, Facebook Inc, Amazon.com Inc, Netflix Inc and Alphabet Inc shed between 3% and 4.8% on the day. Monday, the Dow Jones Industrial Average shed more than 500 pointsm as a slump in Apple shares hammered the tech […]
Despite being blocked in China, Twitter and other overseas social media sites have long been used freely by activists and government critics to address subjects that are censored on domestic forums — until now. As Beijing presses a campaign to throttle any remaining voices that stray from the Communist Party narrative, it is extending its […]
General Electric Company (NYSE:GE) plunges after slashing dividend It’s looking dim for shares of GE. The former industrial giant hit its lowest level in a nearly decade on Tuesday – briefly breaking below $10 – after the company cut its dividend to just one cent per share. General Electric’s struggles continued during the third quarter […]
J. C. Penney Company, Inc. (NYSE:JCP) Analysts are speculating a 47.06% move J. C. Penney Company, Inc. (NYSE:JCP), with a trailing 12-month price-to-sales ratio of 0.04, is now among the bigger bargains in its industry. The broad Department Stores industry has an average P/S ratio of 4.07, which is significantly better than the sector’s 9.92. […]
Ferrari’s (NYSE:RACE) Latest Supercars Have No Tops or Windshields $RACE Ferrari’s (NYSE:RACE) Monza SP1 and SP2 cars are open, windshield-less, and equipped with the most powerful engine the company has ever built. Unveiled last month, the 2 Limited-Edition Supercars are the 1st in Ferrari’s new Icona series that pay homage to the Vintage and Classic […]
Ford Motor Company (NYSE:F) Cash Restructuring, Refreshed Product Cadence to Lift Legacy Auto Maker In a note to clients on Monday, Goldman Sachs upgraded shares of the Detroit-based car company to buy from neutral. Analyst David Tamberrino attributed his bullish outlook to the company’s ongoing restructuring plan as well as the rollout of new auto models. Ford’s CEO […]
A 2019 Bear Market Event May Trigger a DJIA Move to 40,000 $DIA, $SPY, $QQQ, $RUTX, $MTAFF, $GLGDF, $RGLD, $FNV,$WPM You may recall in January 2016, the DJIA was trading at the 16,000 mark, when Yves Lamoureux, President of macroeconomic research firm Lamoureux & Co., said DIA would top 25,000 within 3-4 years. It did not take […]
Ford Motor Company (NYSE:F) posts weaker sales and higher costs in China Ford Motor Company (NYSE:F) said it earned $991 million in net income in the third quarter, down 37% from the third quarter of 2017 largely because of weaker sales and higher costs in China. Revenue of $37.6 billion was up about $1.1 billion […]
Domino’s Pizza, Inc. (NYSE:DPZ) revenue to jumped 24% Domino’s posts its results on Tuesday morning, and investors have high hopes for the delivery giant’s latest operating trends. Its last quarterly report hit all the right notes, with sales expanding by a robust 7% at its existing take-out and delivery hubs. That boost, plus the addition of […]
Now You Can Order a Yacht From Car Maker Lexus $TM, $RACE, $HMC, $POAHY Deliveries of the Lexus LY 650 65-ft luxury yacht begin mid-2019 We’re way past the point where we think of carmakers as restricted to making just cars. For example: There is Aston Martin (LON:AML) that’s building luxury apartments in Miami. Porsche Design […]
The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns Boeing (BA) and fellow Dow Jones industrial stocks United Technologies (UTX), Caterpillar (CAT) and 3M (MMM) fell Wednesday. Industrial stocks are not safe havens from the tech-led sell-off in the face of rising interest rates and trade war concerns. […]
Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off Caterpillar stock lost 3.8% to 143.72. The heavy machinery maker is testing its 200-day average line after tumbling below its 50-day line on Wednesday. Caterpillar is still ranked No. 1 in IBD’s Machinery-Construction/Mining group. Price earnings ratio (P/E) ratio of Caterpillar Inc. (CAT) is 16.38. CAT […]
UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket Health insurers have been among the top-performing groups in 2018. They’ve been among the only top-rated groups to fare reasonably well in October, as other medical groups have sold off, such as software and chip names. UnitedHealth stock tested its 50-day line intraday, but settled with […]
Ford Motor Company (NYSE:F) Wall Street punishing Ford Ford Motor Co. shares traded below $9 on Tuesday for the first time in more than six years, a low point that experts blame in part on the Dearborn automaker’s reluctance to share a detailed map of its future. The stock price slumped 3.4 percent Tuesday to close at $8.95 per share. Blue […]
Snap Inc. (NYSE:SNAP) hits all-time low Shares of Snap reached all-time lows Tuesday on the heels of reports that the social media company is running out of cash. The parent company of Snapchat sunk to $7.04 a share shortly after 11 a.m. Tuesday, before rising several cents. The decline marks a 70 percent drop since […]
Ferrari’s (NYSE:RACE) Monza Supercars Big Boost to Earnings $RACE Ferrari (NYSE:RACE) plans to sell 499 units of the Monza SP1 and SP2 Supercars at $1.85-M each. Over 2 years of production, that will generate an additional $755-M in revenue. The figure is the Italian price and includes a 22% VAT, which means just over $1.5-M […]
Wells Fargo & Company (NYSE:WFC) post earnings results on Friday Several of the country’s biggest financial giants will post earnings results on Friday, but investors are especially interested in Wells Fargo’s business update. The banking giant issued mostly disappointing figures back in July, as revenue was pulled lower by a declining loan portfolio. Wells Fargo […]
A “Red Wave” in November Means More Tax Cuts for Americans $DIA, $SPY, $QQQ, $RUTX, $VXX A “Red Wave” in the November midterm elections means “tax cuts 2.0” GOP voter enthusiasm is powered by support for Supreme Court nominee Brett Kavanaugh Financial stocks are rallying for a 2nd day running as 10-year T-Note yields top […]
US Retailers See Big Jump in Holiday Sales $DIA, $SPY, $QQQ, $RUTX, $VXX US holiday sales in Y 2018 will increase 4.3 to 4.8% boosted by a strong economy, but will be slower than a year ago when consumer spending surged to a 12-year high, according to a forecast from a leading retail industry group. […]
Wall Street Applauds New USMCA Trade Deal $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, Wall Street opened Q-4 on a positive note as a President Trump’s USMCA trade pact eased participants concerns. The DJIA finished strong, up 0.7%, but the NAS Comp closed 0.1% lower. The Russell 2000 also closed lower, off 1.4%. Canada and Mexico […]
Oracle Corporation (NYSE:ORCL) Oracle’s Thomas Kurian has resigned Oracle Corp. says one of its top executives, Thomas Kurian, has resigned from the company, three weeks after saying he was taking “extended time off” from the database and business software giant. In September, Kurian told employees via an email that he would be taking extended leave, and […]
Southwest Airlines Co. (NYSE:LUV) Possible Double Digit Profits Southwest Airlines Co. (LUV) operates a passenger airline that provides air transportation services in the U.S. and near-international markets. It serves 101 destinations in 40 states; Washington, D.C.; and Puerto Rico and also eight other countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, […]
NIKE, Inc. (NYSE:NKE) Buy on Dips Nike shares fell as much as 3 percent on Wednesday after the company disappointed Wall Street by not raising its full-year forecast following a sales boost from its Colin Kaepernick ad campaign. The campaign, along with Nike’s increasing efforts to woo younger customers with new sneakers and jerseys, had led […]
Twitter Bans James Woods #FreeJamesWoods Conservative actor and Trump supporter James Woods has been banned from Twitter for sharing a meme trolling the Democrats. Woods hit back, accusing Twitter of being in the “censorship business.” Conservative Twitter users have been quick to come to Woods’ defense, echoing his claim that Twitter is engaging in politically-motivated […]
Aurora Cannabis Plans US Stock Listing in October $ACBFF, $TLRY, $KO, $SZT Canada’s Aurora Cannabis Inc. (TSX:ABC) said Thursday it planned a US listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis […]
Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]
The Coca-Cola Company (NYSE:KO) Cannabis Deal Coming? This brings us to the Rumor of the Day in the cannabis market: a potential deal between Coca Cola Co. and Aurora Cannabis Inc. (TSX: ACB). While a Coca Cola official has issued a statement saying that management “have no interest in marijuana or cannabis”, this news is […]
The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4% $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, the S&P 500 finished with a gainer of 0.1%, driven by financial shares, which rallied on another rise in interest rates. The blue-chip DJIA outperformed, adding 0.6%, the NAS Comp lagged, closing lower by 0.1%, and the small-cap Russell […]
SunTrust Banks, Inc. (NYSE:STI) Buy on Dips The stock has current RSI value of 30.79. Wilder believed that when prices rose very rapidly and therefore momentum was high enough, that the underlying financial instrument/commodity would have to eventually be considered overbought and a selling opportunity was possibly at hand. Likewise, when prices dropped rapidly and […]
Ferrari’s (NYSE:RACE) ‘Icona’ Project Focused Boosting Profit Margins $RACE Ferrari (NYSE:RACE) is set to unveil a Special Edition Supercar that will form an integral part of CEO Louis Camilleri’s highly-anticipated 5-year strategy plan. The “Icona” project, hinted to customers last month in an invitation, will broaden Ferrari’s offering of Limited Edition Super and HyperSuper cars, a […]
salesforce.com, inc. (NYSE:CRM) Time magazine will have a new home Nearly eight months after Meredith Corp. MDP, -0.57% completed its purchase of Time Inc., the publisher has agreed to sell Time magazine for $190 million to Marc Benioff, co-founder of Salesforce.com CRM, -0.44% , and his wife Lynne Benioff. The proposed sale is expected to […]
Ford Motor Company (NYSE:F) faced potential insolvency during the last financial crisis Ten years ago, amidst the worst financial crises since the Great Depression, the American auto industry almost died. By Fall 2008, the “Big Three” US car companies of General Motors, Chrysler, and Ford faced potential insolvency, and without swift government intervention, their futures were […]
F1: Ferrari (NYSE:RACE) Planning for the Long Term with Charles Leclerc $RACE Ferrari (NYSE:RACE) team principal Maurizio Arrivabene says that the decision to replace the experience of Kimi Raikkonen, 38 anni, with the raw talent of Charles Leclerc, 20 anni, for next season was made with the long-term of The Scuderia in mind. Mr. Leclerc […]
The Kroger Co. (NYSE:KR) fell as the company warned on profit growth Shares of Kroger, Inc. (NYSE:KR) were dropping today after the supermarket operator issued an underwhelming second-quarter earnings report. Comparable sales were short of analyst estimates, and the company warned on future profit growth as it continues to make investments. As a result, Kroger […]
General Mills, Inc. (NYSE:GIS) Trending Hot Stock The stock settled the final trade on $47.55. Analysts consider this stock active, since it switched over with 3,982,865 shares as compared to its average volume of 4.86M shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume […]
Red Hat, Inc. (NYSE:RHT) Poised to Beat Earnings Estimates Red Hat (RHT) stock managed performance 1.16% over the last week and switched with performance of 3.59% throughout past one month period. The stock price exposed a move of 23.25% so far this year and uncovered flow of 38.28% in recent year. The shares price displayed -13.47% […]
CBS Corporation (NYSE:CBS) CEO Leslie Moonves exits CBS without severance package Bowing to pressure brought on by a sexual harassment scandal, CBS Corp. Chairman and Chief Executive Leslie Moonves resigned Sunday, marking a stunning fall from grace for one of Hollywood’s most respected entertainment executives. CBS Corporation announced on Sunday that chairman and CEO Leslie […]
NIKE, Inc. (NYSE:NKE) online sales spike amid controversial Kaepernick ad It’s been a week since Nike announced the face of the thirtieth anniversary of its “Just Do It” campaign would be Colin Kaepernick. Surprising no one, the backlash arrived swiftly, with disgruntled white men setting their shoes on fire and defiantly chopping off the tops […]
Wells Fargo & Company (NYSE:WFC) Wells Fargo can’t wake up from the nightmare Wells Fargo can’t wake up from the nightmare that began exactly two years ago. What sounded at first like a run-of-the-mill bank settlement — a $185 million payment to atone for “sales practices” — has morphed into a cascade of scandals that […]
Walmart Inc. (NYSE:WMT) impressive track record of rewarding investors Walmart (NYSE:WMT) can provide steadily growing income for a nest egg. The world’s largest retailer has an impressive track record of rewarding investors. The company has hiked its payout every year since it began paying dividends in March 1974, placing it in the elite club of […]
The Boeing Company (NYSE:BA) running out of space to store unfinished 737s Boeing Co. BA -1.18% is facing a problem as it races to meet demand for single-aisle, fuel-efficient jets: where to store unfinished 737s piling up at a factory near Seattle. One answer in late July was the taxiway of the small airport in […]
Wells Fargo & Company (NYSE:WFC) One Dozen Investment Bankers Fired Wells Fargo & Co. has fired or suspended more than a dozen employees in its investment bank and is investigating dozens of others over alleged violations of the company’s expense policy regarding after-hours meals, according to people familiar with the matter. At issue is whether […]
Arconic Inc. (NYSE:ARNC) discussing acquisition offers Arconic Inc. ARNC -0.76% —Down 0.4%: The aerospace parts maker climbed 4.7% Friday after Reuters reported late in the session that it is discussing acquisition offers. The stock has risen 28% since July 13, when The Wall Street Journal reported Arconic is the subject of takeover interest from private-equity […]
Chipotle Mexican Grill, Inc. (NYSE:CMG) Target $445 Chipotle (NYSE: CMG ) stock was falling Monday following a downgrade from an analyst.\ The blow to Chipotle stock comes from Wedbush analyst Nick Setyan. A recent note from the analyst has him downgrading CMG stock from its previous “Neutral” rating to a new “Underperform” rating. It wasn’t […]
PG&E Corporation (NYSE:PCG) Regulations Are Hurting This Value Stock The benefits of utility stocks are that they are regulated monopolies, with no competition. But in California, PG&E (NYSE:PCG) has had to suspend the dividend to pay for the damages from recent fires in California. The state has held PG&E liable, which means shareholders are on […]
L Brands, Inc. (NYSE:LB) stock was down 13% as of noon Thursday L Brands stock was falling hard on Thursday after slashing its profit outlook for the full year of 2018. The blow to L Brands stock is the result of the company cutting its earnings per share estimate for 2018 to between $2.45 and $2.70. It […]
Document Security Systems, Inc. (NYSE:DSS) Downgraded The costs are rising faster than revenue is this one, expect them to face a significant cash crisis in 2018. Net income during the second quarter of 2018 was approximately $2.7 million, or $0.16 per share, as compared to a net loss of $265,000 ($0.02 per share) during the […]
Noble Energy, Inc. (NYSE:NBL) Rises 3.93% Among the biggest risers on the S&P 500 on Wednesday August 22 was Noble Energy Inc. ($NBL), popping some 3.93% to a price of $29.86 a share with some 6.01 million shares trading hands. Starting the day trading at $29.07, Noble Energy Inc. reached an intraday high of $30.17 […]