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Apptio IPO Set Up To Fall At Lockup Expiration

Apptio IPO Set Up To Fall At Lockup Expiration

Apptio Inc. (NASDAQ: APTI) – Event Date 3.22 – Short Term PT $11.90 The 180-day lockup period for the Apptio Inc. IPO is scheduled to expire on March 22, 2017. At that time, the pre-IPO insiders will be allowed to sell their 31M shares. (Source: SEC Filings/Risk Factors) We previewed this event and short opportunity on our IPO Insights platform. […]
Sorry, Donald – Corporate Tax Reform Isn’t Going To Fix All Our Problems

Sorry, Donald – Corporate Tax Reform Isn’t Going To Fix All Our Problems

My view that stocks are now in a bubble is further bolstered by the fact that the roughly $4 trillion dollars of global bonds still sporting negative yields (down from $14 trillion last year though the figure is rising again with German 2- and 5-year bund yields plunging back into the red) and European and Japanese central […]
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                        We Are Closer To A Daily Cycle Bottom In Metals And Miners

E We Are Closer To A Daily Cycle Bottom In Metals And Miners

Each day we inch closer to a daily cycle bottom in metals and miners. Prices are far enough from the recognition day that any close above the previous day’s high should signal the low. How prices bounce/rally out of the approaching low will determine the next 2-3 months. -GDX- A close above $21.64 should mark […]
Dow Jones Moderately Lower After ADP Employment Report

Dow Jones Moderately Lower After ADP Employment Report

On Wednesday, the Dow Jones Industrial Average closed slightly lower after the release of ADP employment report. The ADP report was positive, but a few items caused the Dow to finish lower. The first of which is pause before this Friday’s non-farm payroll report. It seems that traders have paused a lot of buying of […]
Silver Very Undervalued From Historical Perspective Of Ancient Greece

Silver Very Undervalued From Historical Perspective Of Ancient Greece

What wages in ancient Athens can tell us about the silver price today Wages paid in silver in ancient Athens compared to wages today Silver massively undervalued compared to the past few thousand years The cost of building the Parthenon was 469 silver talents, or about £5.6m. by Dominic Frisby Today we look at the wages […]
G20: Accommodating America

G20: Accommodating America

This is an unusual time. The US has often played a leading role in shaping the global financial architecture.As a result of last year’s election, the US appears to be defecting from that global system that it helped build, while others, who often seem to chafe under US leadership, are defending it.   The G20 finance ministers and central […]
Signet Jewelers Ltd. Posts Mixed Q4 Earnings & Offers A Weak Outlook

Signet Jewelers Ltd. Posts Mixed Q4 Earnings & Offers A Weak Outlook

Written by StockNews.com Signet Jewelers Ltd. (NYSE: SIG) early Thursday [Mar 9, 2017 | 7:08am] posted mixed fourth quarter earnings results and offered a weak outlook for the current year, as both mall-based and online sales continue to struggle. The Bermuda-based jewelry retailer, which operates the Kay, Sterling, and Zale brands, reported adjusted Q4 earnings per […]
Thursday – Oil Failure Drags Down The Markets

Thursday – Oil Failure Drags Down The Markets

Well that was kind of obvious. As I noted for Reuters yesterday morning: “OPEC has unrealistic expectation as to what their production cuts can achieve, U.S. production over the next two years is expected to wipe out much of the OPEC cuts.”  Yesterday afternoon, despite the 5% sell-off in oil during the day, I told our […]
Energy Credit Risk Soars As Crude Carnage Continues

Energy Credit Risk Soars As Crude Carnage Continues

Just when you thought it was safe to go all-in on energy stocks, credit, and commodities because, well, what could go wrong; crude’s collapse in the last few days (amid record long speculators) has smashed Energy credit markets and sent high-yield bond prices cratering. WTI Crude collapsed to a $48 handle at its lows today… Sending […]
Oil Price Forecast: Is The Bear On The Way Back?

Oil Price Forecast: Is The Bear On The Way Back?

Oil prices have spent much of the past 24 hours heading-lower, falling below a key psychological level at $50/brl and a 17+ year trend-line that’s held as support in WTI since mid-December. The catalyst appeared to be a comment from oil magnate Harold Hamm; who warned that U.S. production growth ‘is going to have to […]