Something weird happened in the last couple of decades. The number of companies undertaking an IPO (Initial Public Offering – the process of raising capital and listing on the stock exchange) in America went from boom to bumble. Not exactly, bust, but far from the hectic pace of activity in the 1980’s and 1990’s. There’s…
So far I’ve shown you 2 simple trading models that use 1 indicator per model: a Golden/Death Cross model and an Initial Claims model. Here’s the beauty. When you combine 2 simple ideas and models together, you make it even better. Remember, I said traders who combine fundamentals with technicals perform the best. Here’s the…
by [email protected] Earlier this year, India’s largest e-grocer, BigBasket, received $300 million in funding led by China’s e-commerce giant, Alibaba. This is the biggest investment raised by the company since it started operations in 2011 and values it at around $950 million. BigBasket cofounder and CEO Hari Menon says the money will be used for…
Once a week I like to step back and look at the big picture. Stock prices ran up too high through the end of January, and now stocks are struggling to maintain high valuations while oil prices and interest rates tick higher. Technology stock prices don’t like higher oil and higher rates, and we can…
Spectrum Pharmaceuticals, Inc. (SPPI – Free Report) incurred a loss of 16 cents per share in the first quarter of 2018, narrower than the Zacks Consensus Estimate of a loss of 24 cents and the year-ago quarter loss of 30 cents per share. However, adjusted loss came in at 15 cents, wider-than the year ago…
Traders, analysts and strategists have been stumped by a market paradox in recent weeks: despite earnings that have been off the charts, rising 24% Y/Y (the most since 2010, if largely thanks to Trump’s tax reform), the S&P is still down for the year, after experiencing two brief 10% corrections just the past four months…
The US Dollar enjoyed another week of significant gains, at times defying news that could have turned it around. Can it continue rising or will it correct to the downside? The inflation report stands in a week that also features two rate decisions. Here are the highlights for the upcoming week. The US Non-Farm Payrolls…
In “It’s ‘Grotesque’! Of Buybacks And Leverage“, we highlighted a recent Bloomberg interview with SocGen’s Andrew Lapthorne who is just as concerned as ever about corporate leverage and is just as unconvinced as he was last year about the relative merits of employing financial engineering in the service of myopic, executive compensation-motivated buybacks. While it’s always nice…
Apple stock (Nasdaq:AAPL) was up almost four percent on Friday due in part to Berkshire Hathaway revealing a big stake in Apple shares. But one thing he said bothered us. Blackberry 10 Years Ago? Did Warren Buffett just compare Apple to BlackBerry? Here’s what he said. “The idea that you’re going to spend loads of time trying to…
Bitcoin is about to rise 20%, sooner rather than later. Why? Because of its chart setup: a breakout one month ago combined with a gap between 10,000 and 12,000. Once again, the chart says it all. By the way, this short term Bitcoin price forecast is unrelated to our long term target. Everything is still…
