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AMD Popped On Bullish Analyst Comments, And The Chart Shows More Room To Run
Thursday, April 4, 2019 - 1:21pm | 4406Read More...Summary: Advanced Micro Devices, Inc. (NASDAQ: AMD) rose by over 8% on Wednesday after Nomura initiated coverage of the stock with a Buy rating and $33 price target. Based on its market cycles, we believe this one may have more room to run in the near term before a corrective phase of...
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Singapore To invest $3.3B To Revamp Sentosa Integrated Resort
Wednesday, April 3, 2019 - 2:29pm | 621Read More...Genting Singapore said on Wednesday it has committed to investing around S$4.5 billion to revamp and expand its Resorts World at Sentosa integrated resort on Singapore's Sentosa Island, including growing the Universal Studios Singapore park. Separately, Las Vegas Sands Corp. (NYSE: LVS) said it...
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Google Strengthens Presence In Cuba With ETECSA Team Up
Tuesday, April 2, 2019 - 1:55pm | 310Read More...Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) is leaving no stone unturned to bolster presence further in the Internet services space globally. Last week, Google entered into a memorandum of understanding with Cuba-based telecommunications service provider, ETECSA, in order to...
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Trade Desk Forays Into China With Advertising Platform
Friday, March 29, 2019 - 2:38pm | 665Read More...The Trade Desk Inc (NASDAQ: TTD) is ramping up its efforts in a bid to expand its footprint globally, as is evident from its recently announced plan to launch a programmatic ad-buying platform in China. Programmatic advertising is the automated buying and selling of online advertising....
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Skechers Climbs Steadily After Upgrade, But The Chart Shows Downside Pressure Ahead
Friday, March 29, 2019 - 2:19pm | 4606Read More...Summary: Skechers USA Inc (NYSE: SKX) has risen nearly 8% since a Susquehana analyst upgraded the stock on Wednesday. However, we believe the downside risks may weigh through the end of its current market cycle. Skechers Stock Weekly Chart
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Bed Bath & Beyond Wakes Up, But The Chart Suggests Staying Put Until Mid-Year
Thursday, March 28, 2019 - 2:16pm | 4848Read More...Summary: Bed Bath & Beyond Inc. (NASDAQ: BBBY) soared 21 percent on Tuesday and another 2-3 percent in the days since, after activist investors announced plans to replace the board and management. While we do see further upside later in the year, there is likely a better buying...
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U.S. Bankrolls Southern Co's Vogtle With $3.7B Loan Guarantee
Monday, March 25, 2019 - 4:00pm | 436Read More...Bringing in some pleasant news for Southern Company (NYSE: SO), the U.S. federal government approved $3.7 billion in loan guarantees to support the Vogtle Project. The move emphasizes the government's faith in the future of nuclear energy in the nation. Markedly, the Vogtle plant in...
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Insider Weekends: Thomas Karam Purchases $5M Of Equitrans Midstream Stock
Monday, March 25, 2019 - 3:24pm | 1618Read More...Insider buying declined again last week with insiders purchasing $53.36 million of stock compared to $80.53 million in the week prior. Selling also decreased with insiders selling $1.58 billion of stock last week compared to $2.37 billion in the week prior. The insider Sell/Buy ratio is calculated...
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Opinion: The Fed Follows The Market Yet Again
Friday, March 22, 2019 - 4:17pm | 471Read More...Back in January, we wrote an article titled “Want to Know the Fed’s Next Move? Pay Attention to This Signal.” In the piece, we noted that while most experts believe that central banks set interest rates, it’s actually the other way around: the market leads, and the Fed...
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Opinion: How Optimistic Landlords Could Redefine The Housing Market
Friday, March 22, 2019 - 4:01pm | 754Read More...On paper, this should be a difficult time to be a landlord. Interest rates have been rising, and could continue rising in the near future. Incomes remain flat across much of the country, limiting the cash that prospective tenants have available to pay rent. And household formation remains stagnant...
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Northrop Grumman Wins $349M Army Contract For IBCS Work
Thursday, March 14, 2019 - 12:14pm | 209Read More...Northrop Grumman Corporation (NYSE: NOC) recently clinched a foreign military sales contract for procuring two complete battery sets of Integrated Air and Missile Defense Battle Command System (IBCS) production hardware and software. The deal was awarded by the U.S. Army Contracting...
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Boeing's Market Cycles Show Shares Likely Aren't Done Falling
Wednesday, March 13, 2019 - 1:45pm | 5233Read More...Summary: Boeing Co (NYSE: BA) shares were trading marginally lower Wednesday afternoon, following a two-day drop in response to the crash of one of its 737 MAX 8 planes. Dozens of countries have grounded the model, though the Federal Aviation Administration has doubled down on allowing it to...
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Honda To Recall Over 1M Vehicles With Faulty Takata Airbags
Tuesday, March 12, 2019 - 1:27pm | 255Read More...Honda Motor Co Ltd (NYSE: HMC) will recall around 1.1 million older vehicles in the United States and Canada, per Associated Press. The company determined that Takata airbags on the driver's side of several model may be defective after one injured a driver's arm during...
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Norway's Wealth Fund To Dump Oil Producers
Monday, March 11, 2019 - 3:54pm | 928Read More...The world's biggest sovereign wealth fund, The Government Pension Fund Global (or GPFG) of Norway, plans to axe oil and gas equities from its investment portfolio. While the $1 trillion fund's move is seen by some as part of an ethical drive in shunning stocks that are deemed harmful to the...
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The Rise And Fall Of Ethereum: A Data Driven Story
Friday, March 8, 2019 - 5:23pm | 1103Read More...The rise in popularity of Initial Coin Offerings in 2017 and 2018 created large buying pressure for Ethereum (ETH). Most token sales required that purchasers use ETH to participate in sales, driving the price up more than 100x. When demand for ICOs dried up, so did buying pressure for ETH,...


