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Big Data Big Problems

Big Data Big Problems

Famos Stocks commentator Jim Cramer was on the news yesterday saying how Facebook’s trouble’s should not influence the other stocks in the elite tech quartet known on Wall Street as FAANG. (Facebook, Apple, Amazon, Netflix, and Google) Jim should probably read his own blog to find out why this is happening. The website www.TheStreet.com, which was founded by Cramer […]
The Bounce In Metals After The Fed Meeting

The Bounce In Metals After The Fed Meeting

Doc joins me to focus on the metals move up from yesterday. Again on the back of a fed rate hike, we saw gold and more importantly gold stocks get saved from a downtrend they were in. We look at how the technical factors that also lined up for the bounce. The question is will […]
Where Are We In The Market Cycle?

Where Are We In The Market Cycle?

With the news from the US Fed and the rate hike, we should all be asking ourselves “where are we in the market cycle” so that we can prepare for and identify proper trades that may set up in our future. One thing is for sure; we are not in the perpetual easing environment of […]
February 2018 Leading Economic Index Sees Robust Economic Growth To Continue Through 2018

February 2018 Leading Economic Index Sees Robust Economic Growth To Continue Through 2018

The Conference Board Leading Economic Index (LEI) for the U.S improved this month – and the authors say ” the recent weakness in residential construction and stock prices – important leading indicators – should be monitored closely“. Analyst Opinion of the Leading Economic Index Because of the significant backward revisions, I do not trust this […]
Darden’s (DRI) Q3 Earnings Top Estimates, Lifts EPS Guidance

Darden’s (DRI) Q3 Earnings Top Estimates, Lifts EPS Guidance

Darden Restaurants, Inc. DRI reported mixed third-quarter fiscal 2018 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues lagged the same. Adjusted earnings of $1.71 per share beat the consensus estimate of $1.64 by 4.3%. Earnings increased 29.5% year over year on the back of higher revenues. Notably, the quarter marked the 14th consecutive earnings beat […]
Could Amazon Stock Split Push It To $1 Trillion Market Cap And Above Apple?

Could Amazon Stock Split Push It To $1 Trillion Market Cap And Above Apple?

Amazon.com, Inc. (Nasdaq: AMZN) market cap exceeded that of Alphabet, Inc. (Nasdaq: GOOG) (Nasdaq: GOOGL) early this week making it the second most valuable company. It’s stock price of over $1,500 per share now values the company at about $766 billion just about $100 million below Apple, Inc. (Nasdaq: AAPL)’s market cap of $869 billion. […]
Accelerate Diagnostics Inc. Announces $150 Million Convertible Notes Offering

Accelerate Diagnostics Inc. Announces $150 Million Convertible Notes Offering

TUCSON, Ariz., March 22, 2018 (GLOBE NEWSWIRE) — Accelerate Diagnostics, Inc. (Nasdaq:AXDX) today announced its intention to offer, subject to market conditions and other factors, $150.0 million aggregate principal amount of convertible senior notes due 2023 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of […]
What Is Oracle’s Counterpunch To Salesforce’s MuleSoft Move?

What Is Oracle’s Counterpunch To Salesforce’s MuleSoft Move?

Oracle’s (NYSE: ORCL) recent quarterly results may have outpaced market expectations, but slowing cloud growth has caused a stir amongst analysts as they continue to downgrade the company. The market was very concerned and the stock fell 9% – the worst decline in the last five years. Photo Credit: May Wong/Flickr.com Oracle’s Financials Revenue for the third […]
Oil Supply: Below Average

Oil Supply: Below Average

You can talk all you want about rising U.S. oil production, but the fact is that U.S. oil supply is below average. The Energy Information Agency, in its weekly report, said that U.S. commercial crude oil inventories fell by 2.6 million barrels to 428.3 million barrels, which the EIA says are the lower half of […]
Intraday Price Action Provided Some Optimism For The Bulls

Intraday Price Action Provided Some Optimism For The Bulls

My Swing Trading Approach I am only 30% to the long side. I will manage the risk on those three positions and likely be back all in cash early on. I may short the market today, but the large gap down makes it quite difficult to do so.  Indicators VIX – Down 1.9% yesterday, and recovered […]