Category Archive: Finance
U.S. Economic Data, ECB, And Gold
This week, positive data on the U.S. economy was released, but the markets have seemed to focus on today’s ECB meeting. What does it mean for the gold market? Durable goods orders rose 2.2 percent in September, much more than expected (the Bloomberg consensus was 1 percent). Importantly, core capital goods orders (nondefense ex-aircraft) increased 1.3 percent, also […]
Universal Health (UHS) Q3 Earnings, Revenues Lag Estimates
Universal Health Services Inc. (UHS – Free Report) reported third-quarter 2017 adjusted earnings of $1.64 per share that missed the Zacks Consensus Estimate by 3.5%. Earnings, however, grew 2.5% year over year. Including one-time items like (i) an unfavorable after-tax impact of approximately 9 cents to 10 cents per diluted share, stemming from the hurricane expenses and estimated […]
Long-Term Alibaba Group Holding Ltd. Investors Should Read This
Alibaba Group Holding Ltd (NYSE:BABA) shares almost doubled since the US presidential elections. As a long-term Alibaba Group Holding Ltd shareholder you may be more determined than ever about the long-term success of BABA shares but one of our favorite hedge fund managers has a better investment idea if you are bullish on BABA. Anthony Bozza’s Lakewood […]
Trader: ‘Stocks Are Overvalued And We All Know It’
Former trader and current guy gritting his teeth and drumming his fingers on the table at the daily staff meeting, Richard Breslow, is out with his daily missive and this one revisits what we’ve called “The Wave Paradox.” We’ve couched this in terms of investors not being able to differentiate between good decisions and decisions […]
An Investor Guide For When The Crash Is In Your Rear Mirror
Not another article about the market going to crash? Don’t worry; I’m not going to tell you what you already know. I’m not the kind of guy who is passive and cry while waiting. There is an absolute truth that comes with each bull market: it will hit a wall. Market corrections happen all the […]
Billion Dollar Unicorns: Proofpoint Expands Product Offerings To Gain Market Share
According to Gartner, the global cloud-based security services market is estimated to grow 21% this year to $5.9 billion and $9 billion by the year 2020. The growth is expected to be driven by small and mid-sized businesses as they are becoming increasingly aware of security threats. Billion Dollar Unicorn player Proofpoint is helping manage email-based attacks as part […]
Bitcoin Spikes Back To $6000: Five Reasons Why It’s Not A Bubble
Bitcoin is surging once again this morning, up over 8.5% to retest $6000 once again (after dropping to $5366 just 2 days ago), but according to Nasdaq, “Bitcoin is not a bubble,” citing five reasons demonstrating why it’s nothing like Tulip Mania… Via Nasdaq’s Alex Lielacher, The digital currency bitcoin rallied by over 300 percent since the start of […]
Atossa Genetics Announces Pricing Of $5.1 Million Public Offering Of Common Stock
SEATTLE, Oct. 26, 2017 (GLOBE NEWSWIRE) — Atossa Genetics Inc. (Nasdaq:ATOS) (“Atossa” or the “Company”), a clinical-stage pharmaceutical company developing novel therapeutics and delivery methods for breast cancer and other breast conditions, announced today the pricing of an underwritten public offering of 11,500,000 shares of common stock with a public offering price of $0.44 per […]
Alaska Airlines: Melted
Back on October 13th, I suggested Alaska Airlines as a short; that’s worked out nicely. I have covered and taken profits. Here’s a longer-term chart
Crisis Or Stagnation: Why China Cannot Develerage
The latest figures of the Chinese economy show a third quarter GDP growth of 6.8%, suspiciously in line with the government mandate and consensus estimates. However, it is not the top line that worries me. It is the evidence of debt saturation and diminishing returns of the central-planned model. Chinese total debt has surpassed 300%. […]
