Are These Sectors A Sell?
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
(Video length 00:09:20) With the market stalling into resistance, we look beneath the index to the nine major sectors for clues and opportunities of what to trade next during the likely – though not guaranteed – sell swing. We highlight Financials, Technology, and Retail in our sector check-up tonight….
Overstock.com Soars After Its Blockchain Sub Gets PE Investment At $1.5BN Valuation
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Online retailer Overstock reported results which, unlike its much more famous and infinitely bigger online retailing peer Amazon, were nothing special: the company reported Q2 revenues of $483 million, generating a net loss for the quarter of $2.20 on a gross margin of 19% in the quarter. But the company’s earnings were not the reason […]
S&P 500 Dividend Yield: Past, Present, Future
Aug 09, 2018
Jeremy Parkinson
Finance
The S&P 500 is the most popular index to track the United States’ stock market. Examining the S&P 500’s current and historical dividend yield can provide insight into the future of dividend payments in United States markets. The dividend yield of the S&P 500 matters. In fact, dividends are responsible for around 40% of total market […]
5 Of Today’s Biggest Marijuana Stock Losers – Thursday, August 9
Aug 09, 2018
Jeremy Parkinson
Finance
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Thursday, August 9th including AXIM Biotechnologies, Inc. (OTC: AXIM) and more… AXIM Biotechnologies, Inc. (OTC: AXIM ) […]
News Corp. Reports Q4 Adjusted EPS 8c, Consensus 6c
Aug 09, 2018
Jeremy Parkinson
Finance
Reports Q4 revenue $2.69B, consensus $2.68B. Commenting on the results, Chief Executive Robert Thomson said: “Fiscal 2018 was a year of operational and transformational success at News Corp, with robust performance across our businesses, and positive and profound changes in the character of our revenue flows, which were more global, digital and subscription-based. We generated […]
Better Buy: Nike Vs. Adidas
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Shares of Adidas (ADDYY – Free Report) soared over 9% Thursday after the German sportswear company reported strong second-quarter results, boosted by e-commerce expansion and growth in North America and China. But rival Nike (NKE – Free Report) also thrived in its most recent quarter. So let’s take a look at which sportswear stock looks like the better buy […]
The Greek Tragedy Is Far From Over
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Last week, Greece received $17 billion from its creditors, representing the final installment of the country’s third bailout since 2010. This is the last one. Really. Stop laughing. There’s no doubt the Southern Mediterranean country has endured a lot of pain over the last eight years. To revamp their economy, the Greeks cut back on public […]
Tesla Stock Jumps After-Hours On News That Board To Meet Advisers
Aug 09, 2018
Jeremy Parkinson
Finance
And the farce goes on… Tesla stock is trading higher after hours following reports from CNBC that the board of directors of the carmaker plan to meet with financial advisors next week to formalize a process to explore CEO Elon Musk’s offer to take the company private. In additional reporting, they note that the board is likely to tell […]
The World’s Greatest Bubbles Are Bigger Than Ever: When They Pop, You Better Own Some Precious Metals
Aug 09, 2018
Jeremy Parkinson
Finance
In just the past few years, global asset values have risen to the biggest bubbles in history. Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer. However, rapidly rising digital riches can easily turn into digital losses, just as quickly. But, this will likely remain a […]
Another Supportive EIA Print As Nat Gas Rally Slows
Aug 09, 2018
Jeremy Parkinson
Finance
The September natural gas contract settled just a few ticks higher on the day following an EIA print that generally fit the consensus heading into the day but continued to show a tight natural gas market. It was an unusual day along the natural gas strip as well, as into the end of the day […]