The biotech sector has generated some keen interest lately, driven in no small part by the recent FDA approval of the first CAR T-cell therapy for cancer treatment. This development has been the focus of an L.A. Times front-page story, as well as the current "Closing in on cancer" Economist cover.Against this backdrop, the iShares Nasdaq Biotechnology ETF (IBB) wrapped up the month of August by br...Read More
With the Fed's September meeting set to begin tomorrow, the SPDR S&P Bank ETF (KBE) is getting a lift, last seen up 1.6% at $42.57. As such, the shares are trading above two key technical levels located near $42.10. This price point sits near the exchange-traded fund's (ETF) 50-week moving average, as well as a 23.6% Fibonacci Retracement of its 2016 low to its 2017 high. And just below here is...Read More
The shares of credit agency Equifax Inc. (NYSE:EFX) are set for their sixth loss in seven sessions, and have lost nearly 35% so far in September, triggered by news of a massive data breach. Muddy Waters founder and noted short seller Carson Block is now suing Equifax, and U.S. prosecutors have reportedly opened a criminal probe into possible insider trading, after a handful of government bigwigs...Read More
Tobacco stocks were again in focus last week after the Food and Drug Administration (FDA) issued revised guidelines for tobacco manufacturers. Specifically, Altria Group Inc (NYSE:MO) and Philip Morris International Inc. (NYSE:PM) have both been seeing heavy put trading, as many options traders bet on short-term struggles for the shares. Near-Term Put Traders Pounce on MOStarting with Altria,...Read More
Options volume has been notably heavy in recent weeks on Chinese e-commerce stock Alibaba Group Holding Ltd (NYSE:BABA) and Snapchat parent Snap Inc (NYSE:SNAP), with call traders driving the action on both names. Here's a closer look at how options traders have been positioning themselves on BABA and SNAP. The 20 stocks listed in the table below have attracted the highest total options volume d...Read More
The Dow Jones Industrial Average (DJIA) is higher at midday, set to extend its winning streak to seven sessions, and already setting another intraday record. The Dow is on track for its fifth straight record close, fueled by a strong performance from Caterpillar. Bank stocks are also moving higher, as the market prepares for the Federal Open Market Committee (FOMC) two-day meeting, which kicks...Read More
Analysts are weighing in on technology concern Nvidia Corporation (NASDAQ:NVDA), construction equipment manufacturer Caterpillar Inc.(NYSE:CAT), and streaming entertainment company Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of NVDA, CAT, and NFLX. Bank of America Boosts NVDA OutlookBank of America-Merrill Lynch raised its NVDA price target to...Read More
Along with the broader stock market, semiconductors had a record-setting week last week -- with the VanEck Vectors Semiconductor ETF (SMH) carving out new all-time peaks. An analyst-induced surge for NVIDIA Corporation (NASDAQ:NVDA) helped spark the bullish bias, while a nearly 7% surge for Micron Technology, Inc. (NASDAQ:MU) only created more tailwinds for chip stocks. Options traders were quic...Read More
Analysts are weighing in on steelmaking coal and copper concern Teck Resources Ltd (USA) (NYSE:TECK), natural gas issue Chesapeake Energy Corporation (NYSE:CHK), and biotech stock Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA). Here's a quick roundup of today's bearish brokerage notes on shares of TECK, CHK, and TEVA.Teck Resources Shares Started at 'Sell'Teck Resources stock is up 1.2%...Read More
U.S. stocks are edging higher in pre-market trading this morning. Among specific stocks in focus today are search giant Alphabet Inc (NASDAQ:GOOGL), biotech Nabriva Therapeutics plc - Ordinary Shares (NASDAQ:NBRV), and defense stock Northrop Grumman Corporation (NYSE:NOC). Here's a closer look at what's moving shares of GOOGL, NBRV, and NOC. Google Makes Moves to Please European RegulatorsAlph...Read More
The Dow Jones Industrial Average (DJIA) is signaling a positive open this morning, and could enjoy a seventh straight gain, after wrapping up its best week of 2017. As concerns over North Korea ease, traders are gearing up for the Federal Open Market Committee (FOMC) two-day meeting, which kicks off tomorrow. The central bank is expected to keep interest rates the same this month, but market pa...Read More
"If the SPY moves above both the 247 and 248 strikes, not only is the chart resistance discussed above taken out, but the 250 strike becomes a potential magnet. In other words, a technical breakout on the SPY price chart during this expiration week would likely continue with a quick, sharp move to the $250 level, as both technical buyers step in and sellers of SPY 250-strike calls are forced to pa...Read More
Cable television has long been the coveted propaganda arm used to program American sentiments. But because of the internet, viewer choice for news, sports, and entertainment has proliferated. Content is becoming decentralized, and that makes it harder to control the attitudes of the masses.Since 2013, pay tv subscriptions have been declining, losing more customers than they gain. Over one million...Read More
Gwen Preston, editor of The Resource Maven, delivers a presentation at the September 15, 2017 Metals Investor Forum. She discusses why she expects to see multi-metal rallies in the near future.________________________________________________________________The companies presenting at the Metals Investor Forum are as vetted as it gets - they have already cleared the high hurdle of earning the cover...Read More
Eric Coffin, Editor of HRA Advisories, gives a presentation at the September 15, 2017 Metals Investor Forum. He discusses the upward trend he expects to see in the gold, copper, and zinc markets.________________________________________________________________The companies presenting at the Metals Investor Forum are as vetted as it gets - they have already cleared the high hurdle of earning the cov...Read More
Interview of Nolan Watson CEO of Sandstorm Metals and EnergyRead More
John Borshoff, founder of Paladin Energy and CEO of Deep Yellow Ltd., explains what it takes to make a globally recognized, multi-billion dollar uranium mining company.** Tweet comments @AlbertKLu #deepyellow **Interview Highlights[0:40] History of Paladin Energy[7:00] Struggles at Paladin[9:08] The Deep Yellow team[10:40] Uranium companies are like the airlines[12:55] Planning for decades in the...Read More
Cable television has long been the coveted propaganda arm used to program American sentiments. But because of the internet, viewer choice for news, sports, and entertainment has proliferated. Content is becoming decentralized, and that makes it harder to control the attitudes of the masses.Since 2013, pay tv subscriptions have been declining, losing more customers than they gain. Over one million...Read More
#WeGotaStoryToTell010 | Kevin Chiles on Funk FlexDownload the HOT 97 App: http://www.hot97.com/hot97appSUBSCRIBE: http://bit.ly/12lN6vbHOT97:http://www.hot97.comINSTAGRAM: https://www.instagram.com/hot97FACEBOOK:https://www.facebook.com/HOT97OFFICIALTWITTER:https://twitter.com/HOT97Read More
John Kaiser founder of Kaiser Research Online, delivers a presentation on what is needed for a Discovery Mania at the Metals Investor Forum on September 15, 2017.________________________________________________________________The companies presenting at the Metals Investor Forum are as vetted as it gets - they have already cleared the high hurdle of earning the coverage from the newsletter writers...Read More