Category Archive: Finance, No picture
Why Are Oil Prices Dropping Sharply? Global Economy Forecast Softer
Oil prices jumped in September and early October of this year (2018), but have dropped $20 a barrel in the last few weeks. The sharp turnaround is attributed to OPEC’s inability to cut supply, but this is old-fashioned thinking. OPEC’s power is a small fraction of what it was in the 1970’s. What’s happening now […]
The Options Market Still Isn’t Giving Away Free Money
Yesterday during the commercial breaks on Bloomberg TV, Charles Schwab was showing video from some sort live conference or webinar with the hope that you’d go to Schwab’s website to watch more. In one of these infomercials there were two guys talking about the options chain for Nvidia (NVDA). They were looking at pricing for […]
Consumer ETFs To Buy As Wal-Mart Beats & Raises View
Wal-Mart WMT reported blockbuster third-quarter fiscal 2019 results. The mega retailer topped estimates on the top and the bottom lines driven by strength in the e-commerce business. It raised its fiscal year guidance, inspiring optimism about the company’s growth prospects. Earnings in Focus Earnings per share came in at $1.08, beating the Zacks Consensus Estimate by 6 […]
Tesaro Jumps After Report Of Sale Exploration, Peer Clovis Follows
Shares of Tesaro (TSRO) jumped in late day trading after Bloomberg said the company is working with advisers to explore a possible sale after receiving takeover interest. Following the report, Tesaro shares rose $2.58, or 9.7%, to $29.17. Clovis Oncology (CLVS), which markets Rubraca, a competitor to Tesaro’s Zejula, gained 9% following the report as […]
Agriculture Market Report – Friday, Nov. 16
A review of the day’s trading in the agriculture markets. Video Length: 00:13:44
Stamps.com Inc. (STMP) Gets Stamped Out
Since reaching an all-time high back on June 18th of this year, Stamps.com (STMP) has broken its uptrend and moved straight down. As it currently stands, the stock is down 41.5% from its high. STMP is another name that has seen fantastic growth the past few years, but after hitting highs earlier this year, it has […]
Time To Buy The Beaten-Down Emerging Market ETFs?
Video Length: 00:12:01 After soaring in 2017, emerging market stocks suffered a brutal sell-off this year. A slew of problems—trade tensions, rising interest rates in the US, a strong dollar, China’s economic slowdown, crises in Argentina and Turkey—impacted these markets. However, it appears that some investors are now scooping up these beaten down stocks as […]
