Hot Options Report: End Of Day – Tuesday, July 25
Most Active Equity Options And Strikes For The End Of Day, July 25, 2017
Stocks Watchlist: TIF, JBHT, CSX
Today’s stock picks Long Tiffany (TIF) Long JB Hunt Transport Services (JBHT) Short CSX (CSX)
270 Days Without A 5% Correction
Latest On Healthcare & Debt Ceiling The GOP barely passed the motion to proceed with debate on the healthcare bill as John McCain dramatically came back from illness to push it over the edge. There was a snarky hot mic take which ended up being useful as Senator Susan Collins and Senator Jack Reed expressed […]
Watch For “Risk On” Rotation
Earnings surprise of the day comes from CAT and MCD which led the Dow Jones higher. Meanwhile tech stocks remain flat as GOOGL sells off despite beating street estimates. Watch tonight’s video on asset rotation because investors are picking the next winners and losers during earnings week. Video Length – 00:09:39
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 […]
