Recent News

Drain the Swamp, or Spread the Swamp? Lawmakers Pitch Relocating Agency Headquarters

December 09, 2017 / www.thedailybell.com

The U.S. government plans to spew occupying forces far and wide within the United States.Or… The U.S. government will distribute the income of the bureaucratic class across distressed regions of the country.Are they spreading the wealth, or spreading the swamp?The government’s definition of decentralizing is certainly not the same as ours. They think moving government agencies’...Read More

Portfolio Update: Reshuffling the Deck (December 8, 2017)

December 09, 2017 / fifighter.com

Here’s an update on my latest trades for the week ending on December 8, 2017.SOLD 20,000 shares of Bear Creek Mining (BCM.V) @ C$2.07/share Bought 15,000 shares of Erdene Resources (ERD.TO) @ C$0.48/share SOLD 100,000 shares of AVZ Minerals (AVZ.AX) @ A$0.22/share Bought 85,000 shares of Nzuri Copper (NZC.AX) @ A$0.265/share Bought 10,000 shares of Almaden Minerals (AMM.TO) @ C$0.9...Read More

Marshall Swing Calls The Bottom (Reminder: Marshall NAILED His Last Short-Term Call In July)

December 09, 2017 / www.silverdoctors.com

And it's not just about gold and silver prices. There is an urgent message here...By Marshall Swing via The Church Of ActsSilver Gold Position Reversal Bottom CallFor those who follow the open interest positions and dailies, The Powers That Be put in a technical position reversal this morning. So, I will call the bottom at about $15.83Only those who have followed my writings over the years will...Read More

Dow, S&P 500 Finish Strong, Notch Third Straight Weekly Wins

December 08, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) finished higher today, riding a stronger-than-expected jobs report to athird straight weekly win and a record closing high. Markets also cheered the signing of a short-term spending bill that postponed a government shutdown for two weeks. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also closed in the black, although only the former was able to ek...Read More

3 Drug Stocks Making Big Moves Today

December 08, 2017 / www.schaeffersresearch.com

U.S. stocks are having a strong day after this morning's jobs report. Among the names making big moves are drug stocks SteadyMed Ltd (NASDAQ:STDY), Teva Pharmaceutical Industries Ltd (NYSE:TEVA), and La Jolla Pharmaceutical Company (NASDAQ:LJPC). Here's a quick look at what's moving shares of STDY, TEVA, and LJPC. SteadyMed Stock Takes OffSteadyMed stock has added 14.5% to trade at $3.55, thanks t...Read More

Put Options Hot as IBB Tests Technical Support

December 08, 2017 / www.schaeffersresearch.com

It's a big day for biotechs, with Denali Therapeutics (DNLI) debuting on the Nasdaq above its initial public offering price (IPO), and Sage Therapeutics (SAGE) continuing to hit record highs. Amid these sector tailwinds, the iShares Nasdaq Biotechnology ETF (IBB) is up 2.1% to trade at $106.29 -- extending its bounce off a key trendline. Here's a closer look at IBB, and how options traders have be...Read More

2 Ways for Nervous Investors to Hedge with Options

December 08, 2017 / www.schaeffersresearch.com

It's been a crazy couple of weeks for the stock market, amid concerns about tax reform, tech stocks, and a government shutdown. Meanwhile, next week will bring us the launch of bitcoin futures and a possible Fed rate hike. While Schaeffer's Senior V.P. of Research Todd Salamone suggests traders "continue to use call options to participate in the record-breaking equity rally," below are a couple of...Read More

Valeant Stock Surge Draws Fresh Batch of Options Bulls

December 08, 2017 / www.schaeffersresearch.com

Shares of Valeant Pharmaceuticals International, Inc. (NYSE:VRX) are soaring today, with Trade-Alert pointing to optimism ahead of the Food and Drug Administration's (FDA) PDUFA action date for Luminesse, Bausch + Lomb's over-the-counter eye redness treatment. Whatever the reason, VRX stock is up 10% at $19.39 -- fresh off an annual high of $19.44 -- and option volume is popping.At last check, 123...Read More

Tech, Tax Reform, and Bitcoin Buzz Headline Hectic Week

December 08, 2017 / www.schaeffersresearch.com

It was a roller-coaster week on Wall Street, with the major market indexes experiencing their fair share of slumps, losing streaks, rebounds, and record highs. Encouragement over the Republican tax plan lifted most stocks early in the week, but another tech stock sell-off caught Wall Street off-guard. However, the tech sector ultimately rebounded, and aided by some upbeat economic and political ne...Read More

The Blue Chip to Buy Now

December 08, 2017 / www.schaeffersresearch.com

Since gapping to a record high of $86.20 in late October, the shares of Microsoft Corporation (NASDAQ:MSFT) have been relatively range-bound. However, in the wake of the recent pullback in tech stocks, MSFT stock could be flashing a big "buy." Below, we'll take a look at the technical signal that's preceded pops for the blue-chip stock in recent history.MSFT stock recently came within one standard...Read More

Dow Eyes Weekly Gain on Payrolls Surprise

December 08, 2017 / www.schaeffersresearch.com

U.S. stocks are trading higher, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX),and Nasdaq Composite (IXIC) getting a lift from the stronger-than-forecast nonfarm payrolls report for November. The U.S. economy gained 228,000 jobs last month, while the unemployment rate stayed at a low 4.1%. Combined with the passage of a two-week funding bill to stave off a government shutdown,...Read More

Siyata Mobile Live Demonstration of Uniden (R) UV350

December 08, 2017 / kincommunications.com

Capital Ideas Media publisher Mark Bunting talks to Siyata Mobile (TSX-V:SIM | OTCQX: SYATF) CEO Marc Seelenfreund, who gives the first live demonstration of the company's innovative, new flagship communications system for commercial vehicles that will hit the market in the first half of 2018."There are over 13 million commercial vehicles in United States and Canada, we sell not only in Nort...Read More

CBOE Stock Put Options Hit Peak Popularity Ahead of Bitcoin Futures Launch

December 08, 2017 / www.schaeffersresearch.com

Ahead of the company's launch of bitcoin futures on Sunday, Cboe Global Markets Inc (NASDAQ:CBOE) continues to trade near Monday's record high of $127.78, last seen 0.5% higher at $124.82. But even as the cryptocurrency storms to record high after record high, a number of high-profile Wall Street firms are actively opposing bitcoin, such as banks JPMorgan Chase (JPM) and Citigroup (C). Meanwhile,...Read More

China Deal Results in Bull Notes for OLED Stock

December 08, 2017 / www.schaeffersresearch.com

Universal Display Corporation (NASDAQ:OLED) is trading 7.3% higher at $179.60, after the company inked a deal with China's BOE Technology to develop and supply organic light-emitting diode (OLED) technology. Analysts like the arrangement, as Deutsche Bank and Susquehanna raised their respective price targets to $190 and $195, and Cowen weighed in by saying it believes 2018 should be another strong...Read More

2 Firearm Stocks Fall on Grim Forecast

December 08, 2017 / www.schaeffersresearch.com

Firearm stocks are on the move today, after American Outdoor Brands Corp (NASDAQ:AOBC) unveiled a disappointing earnings and revenue forecast -- and the resulting sell-off in AOBC, formerly known as Smith & Wesson, has extended to sector peer Sturm Ruger & Company Inc (NYSE:RGR). Both AOBC and RGR are trading sharply lower this morning, bucking an upside bias for the major equity indexes.Weak Outl...Read More

2 Bank Stocks Holding Near Highs After Basel III, Jobs Data

December 08, 2017 / www.schaeffersresearch.com

Bank stocks are in focus today, after global bank regulators gave the sector a post-recession win in the final Basel III agreement, which found "no significant increase" of capital requirements for financial institutions was needed. Additionally, this morning's strong U.S. jobs data helps strengthen the case for a possible rate hike at next week's Fed meeting. Among the names to watch today are Ba...Read More

Bullish Micron Options at a Discount Ahead of Earnings

December 08, 2017 / www.schaeffersresearch.com

Shares of Micron Technology, Inc. (NASDAQ:MU) are up 2.2% in electronic trading, after Susquehanna raised its price target on the chip stock to $60 from $54 -- representing expected upside of 39% to last night's close at $43.20, and sitting in territory not charted since September 2000. The brokerage firm also raised its fiscal 2018 profit estimate ahead of the company's fiscal first-quarter earni...Read More

Stocks Set to Rally After Jobs Report, Spending Bill

December 08, 2017 / www.schaeffersresearch.com

It's shaping up to be another big day on Wall Street, with stock futures broadly trading above fair value. Investors this morning are reacting to the nonfarm payrolls report for November, which revealed an increase of 228,000 jobs, topping estimates of 200,000. However, wage growth for the period disappointed. Traders should stay focused on the economic schedule, too, since the University of Michi...Read More

Investing and the Future of Electric Vehicles

December 08, 2017 / www.energyandcapital.com

The tension was high yesterday after Ford (NYSE: F) announced it was moving its new electric car production to Mexico.Initially, the company planned to build the cars in Michigan, but that's not going to happen now.Those who continue to fight the good fight to keep auto manufacturing in the U.S. were taking to Twitter to share their anger and frustration. And, of course, there were the obligatory...Read More

Silver Is Desperately Trying To Reach You Before It's Too Late

December 08, 2017 / www.silverdoctors.com

SD Friday Wrap: To anybody who's a contrarian or a value investor, silver is desperately trying to tell you something...The gold to silver ratio shot above 80 yesterday:Moves like we have seen over the last month have broken the sideways channel we were in since this summer. The difference now, however, is that since late November, the move has been more than 8.5%.Anybody who uses the gold to silv...Read More

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