Did you know that Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) went skidding into the end of 2017? Some investors may not have noticed the underperformance in Google stock, as it stumbled up to and through the holiday trading periods. On Dec. 18, Alphabet stock leaped to new all-time highs, before d
Most people would agree that sex trafficking is abhorrent.
When a group of Senators proposed a new bipartisan bill called Stop Enabling Sex Traffickers Act it sounded like a noble piece of legislation that people would get behind. It would hold companies liable if they “knowingly facilitate” sex trafficking on their online platforms. But tech industry associations and internet-rights....More>>>
The financial industry has been all over Artificial intelligence (AI) supporting front end trading processes, leaving much of the rest of the business in the last century. That won’t be true for much longer if Bikram Singh, Founder & CEO of EZOPS, has his way. I caught up with Singh during the recent kick-off of the SAP Next-Gen Innovation Community for Financial Services at....More>>>
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
Wal-Mart Stores (WMT) has held up better than Target (TGT), which got crushed last week after offering disappointing guidance. Analysts at Cowen even argue that Wal-Mart can offer services that Amazon.com (AMZN) just can’t offer. There’s just one problem: It’s already reflected in its valuation, says Morgan Stanley analyst Simeon Gutman and team. They explain:
Even amidst slowing growth, Twitter is having to refund advertisers owing to an ad-metric error. Should you sell out of TWTR stock? Or should you buy the dip? Flickr
Not long after Facebook (NSDQ:FB)reported a spate of miscalculations in key metrics, Twitter (NYSE:TWTR) seems to have caught the ‘bug’. Late on 22nd December, Twitter announced that it had discovered technical....More>>>
The Dow Jones Industrial Average bucked the broader markets weakness on Thursday to close at a record high, even as large-cap technology stocks weighed down the Nasdaq Composite index for a second straight session.
GE’s new acquisitions in revolutionary manufacturing space fit very well in GE’s manufacturing plans. Flickr
General Electric (NYSE:GE)is continuing to execute on its plan to restructure the company focusing on its industrial group and divesting most of GE Capital, retaining only the portions of the business that remain applicable to its Industrial segment. Since this plan....More>>>
The U.S. Dollar (NYSEARCA:UUP) Index has finally given us a powerful breakout from its contracting range. The dollar index ended the week with gains of more than 1.6 percent after the latest Fed minutes revealed that “a rate hike could be expected relatively soon.” The Fed officials, who next meet on November 1-2, before the U.S. election on November 8, are contemplating raising the....More>>>
Gold sold off sharply since the election based on the belief that President-elect Trump will bring higher growth. This sell-off makes little sense for those who understand that gold is an investment in monetary policy failure and the destruction of paper currencies. Central banks remain hell-bent on printing money and creating inflation in order to deal with epic levels....More>>>
Today, our Elite Opportunity Pronewsletter noted that the technical chart for the Direxion Daily Financial Bull 3X Shares (NYSEARCA: FAS) and financials in general have stayed bullish since the elections:
I’ve included the daily chart of FAS below, the primary bullish leveraged ETF tracking the financial space, and I’ve circled its recent price action over the last few days. As....More>>>
It’s been a turbulent year for the fantasy-sports biz.
When we first brought this story to you in several Private Briefing Weekender reports back in October 2015, I declared that fantasy sports now fell into a “No-Man’s Land” of regulation that was likely to ignite intense scrutiny.
The US Treasury market’s implied inflation forecast has surged in recent days, albeit after reaching unusually low levels last month. Nonetheless, the rollercoaster of revising expectations rolls on, and this time there’s an upside bias bubbling. The spread between the nominal 10-year yield and its inflation-indexed counterpart reached 1.48% yesterday (Mar. 1), based on daily data from....More>>>
I decided to test my “Better than Average” stock selection system on US restaurant stocks which pay a dividend. You might wonder why I picked the US restaurant sector, which is certainly facing headwinds: a stagnant economy resulting in declining restaurant visits, increasing costs from upward minimum wage pressure and a very competitive market (discounted prices....More>>>
A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt clampdown.
Nearly 60 years ago, a writer calling himself Bob Belmont published a modest little book with an immodest title: How to Retire Without Money! You arent likely to find it in your library, but you might come across a copy at a used book sale,
Mid cap home products retailerWilliams-Sonoma, Inc (NYSE: WSM) reported Q2 2017 earnings after the Wednesday market close with results exceeding Wall Street expectations. Net revenues grew 3.7% to $1.202 billion versus $1.159 billion with comparable brand revenue growth of 2.8% on top of 0.6
Mike Komaransky spent 16 years trading, starting out as a clerk in the pits of the Chicago Mercantile Exchange, buying and selling everything from U.S. Treasuries to European fixed income derivatives. He spent his career at DRW Holdings, becoming a partner at the proprietary trading firm that run