Category Archive: Finance
Should We All Give Thanks For Regional Banks?
Today at 5 PM EST on Mish’s Market Minute Daily Facebook page live, I introduced Prodigal Son, Regional Banks. I began with a joke about a stock broker and a minister. Both show up at the Pearly Gates. The stock broker gets a silk robe and golden staff, the minister a cotton robe and wooden […]
Wynn Resorts Posts Q2 Earnings And Revenue Beats
Wynn Resorts (WYNN – Free Report) released its second-quarter fiscal 2017 financial results, posting earnings of $1.18 per share and revenues of $1.53 billion. Currently, WYNN is a Zacks Rank #2 and is down 2.29% to $135.80 per share in trading shortly after its earnings report was released. Wynn Resorts: Beat earnings estimates. The company posted earnings of […]
Biotechs Weaken On Profit Taking
Biotechs Weaken on Profit Taking Despite Bullish Underpinnings Amgen and Biogen Beat But Guidance Offers Little Support Look For Possible Sector Shift And More Balance For 2017 The nine month biotech rally hit a bit of a sell-off today after leading all sectors of the market through the first half of 2017. The healthcare sector was also the […]
Bulls Enjoy Volume Buying
While most of the work was done premarket there was enough demand in Market morning gaps to register higher volume accumulation. Best of the action came in Small Caps. The Russell 2000 had looked like it was going to drift back to 1,420 and maybe the 50-day MA but instead, buyers took the breakout further […]
Cryoport: Upping 2020 Price Target From $14.50 To $20.00 (CYRX, Buy, $6.89)
Overview Before reading this report, I would suggest reviewing my initiation report on Cryoport of April 12, 2017 and my update report of July 19, 2017. Without information contained in these reports, it might be difficult to put my comments in this note in perspective. Based on new guidance from CEO Jerry Shelton, it appears that my revenue estimates for […]
Market Talk – Tuesday, July 25
Another mixed session for Asia but we did see a healthy bounce in the ASX as the currency behaved itself. We did see better levels during the trading session for the Nikkei but could not be held for the close. Those loses have been reversed in US trading as futures follow the healthy US market […]
3 Buy-Ranked Stocks That Just Crushed Earnings
The heart of earnings season is upon us, as numerous companies provide updates on their firm’s performance over the past quarter. Of course, beating revenue and/or earnings estimates can positively affect a company’s financial outlook and share price, so it’s important for investors to stay tuned in right now. A few key companies released impressive […]
Blue Chip Stocks In Focus: General Electric
Blue chip stocks generally have a reputation for high-quality businesses, steady profits, and reliable dividends. While there is no exact definition for the term ‘blue chip’, we believe it is a company that has paid a dividend for 100 years, and has a current dividend yield of 3%+ more than qualifies. Companies with more than […]
What Manufacturing Productivity Suggests About ‘Dollars’ And Stagnation
In a report released last week, the Bureau of Labor Statistics (BLS) found that Multi-Factor Productivity rose in only 21 of the 86 categories of the manufacturing industry in 2015. Unlike labor productivity which is more easily calculated, Multi-Factor Productivity measures attempt to take account of all business inputs (including labor). Capitalism is by its nature the […]
