Silver Giving Way?
It is my only short position now, having taken losses on a couple market shorts (partially hedging longs) and a gain on crude oil (just because I was straight out bearish on oil). But silver told me to keep holding short (I increased the short last week) and so far that is working out. SLV […]
Biotech Digest – JAZZ Reports Positive Results, CTSO Inks New Contract, AMGN Forges Collaboration
Top Pick of the Day: CAPR Capricor Therapeutics (CAPR) announced encouraging six-month results in a Phase 1/2 clinical trial, HOPE, evaluating lead product candidate CAP-1002 in Duchenne muscular dystrophy (DMD) patients at least 12 years old with heart disease secondary to DMD. HOPE randomized 25 subjects to receive either a single dose of CAP-1002 (n=13) […]
LePen Euro Frexit Panic Over – “For Now”
Written by John Stepek, Editor of Money Week OK, drama’s over. The French election has turned out pretty much exactly as expected. For all that some of the papers are leading with “French revolution” headlines, the reality is that a face-off between the right-wing Marine Le Pen of the Front National and independent/socialist candidate Emmanuel […]
Netflix, Inc. Inks Licensing Deal With Beijing-Based Video Service IQiyi To Bring Its Content To China
Netflix, Inc. (Nasdaq:NFLX) has been trying for years to bring its namesake streaming media service to China, but has faced stiff opposition from regulators at every turn so now, the company is taking a new approach that could fall under the old cliche “If you can’t beat ’em, join ’em.” Written by StockNews.com That’s because […]
Express Scripts Holding Shares Crash On News Of Company Losing Its Biggest Client Anthem
Express Scripts Holding Company (ESRX), a global pharmacy benefit management (PBM) company yesterday announced that they will be losing their biggest customer Anthem. Express announced that Anthem their biggest customer does not plan on extending their contract when it expires in 2019. Anthem has sued Express Scripts in March of last year stating they were […]
The Stock Whisper Of The Day: AA, AKS, FCX, SPY, USO
Hot stocks of the day: AA, AKS, FCX, SPY, USO Video length: 00:05:30
Nearly 100 Days In, Is Trump Any Closer To Fiscal Reform?
This week I will be in Washington, D.C., attending Evercore ISI’s Energy Policy & Geopolitics Conference, where I will be visiting senior staff from the White House infrastructure team and House Energy and Commerce Committee. I will also be meeting with John Fagan, head of the Treasury Department’s Markets Room, and Robin Dunnigan, the Bureau […]
US Home Prices Rise At The Fastest Pace Since July 2014
While it is unclear if the Chinese, tired of fighting regulations in Canada, are behind the latest jump in home prices, today Case-Shiller reported that its index of Top 20 cities rose at a 5.9% annual rate, the highest increase since July 2014, citing tight supply and growing housing demand. The S&P CoreLogic Case-Shiller Index […]
Crude: Day Nine
On April 11th, we got our rock-solid, never-fail signal to short the oil market. Since then, every single trading day – nine consecutive, as of this writing – have been black candlesticks, in spite of an (insane) mega-rally going on with other assets. I think it was redvettes who brought my attention to the fact that besides the […]
