Many investors rent out their stocks every month to generate potentially larger returns. Of course, when they do that, they don’t call it renting: The term they use is a “covered call.” That’s when you sell an option to another investor to buy your stock at an agreed-upon figure, called a strike price. Why would…
Verizon released its second quarter earnings report before opening bell this morning, posting earnings of $1.04 per share, both GAAP and non-GAAP, compared to last year’s GAAP earnings of $1.01 per share and non-GAAP earnings of 91 cents per share. Revenue was $32.2 billion, a 2.4% increase year over year. Analysts had been expecting earnings…
After being under fire from activist investor Carl Icahn, eBay Inc. (EBAY) announced plans back in September 2014 to spin off Paypal Holdings Inc. (PYPL); the digital payments company it acquired more than a decade ago for $1.2 billion. On July 20, Icahn’s dream became a reality as Paypal marked its first official day trading as…
Hot stock of the day: GDX Video length: 00:02:58
Video length: 00:01:58 The general theme during the session on Tuesday will probably be technical analysis, as there really isn’t much in the way of economic announcements. Because of this, we would anticipate the themes that we have seen for some time to continue. US stock markets continue to be one of the more bullish markets that we…
Gold prices ended yesterday’s session down 3.34% after a breach of the key support level at $1130 triggered a sell-off. The XAU/USD pair slumped to $1076.98, the lowest price since mid-February 2010, pretty quickly before climbing back above the $1100 level. The precious metal has been struggling lately as interest rates talks and a friendly risk…
Among the recurring themes in the global capital markets in recent years is the ongoing preeminence of the US stock market as a performance leader. When measured in terms of relative returns for the major asset classes, it’s been game, set, match. That’s good news for investors who’ve maintained healthy allocations to US equities in the last…
RBC Capital Markets analyst Mark Mahaney and his team weighed in on a variety of small-mid cap Internet stocks on July 19 in light of each company’s upcoming earnings results. Find out what the analysts advise investors to look for in TubeMogul Inc. (TUBE), Pandora Media Inc. (P), Yelp Inc. (YELP), and Groupon Inc. (GRPN): TubeMogul Inc TubeMogul is a company that offers an enterprise…
Today’s entry in the wrong headed gold obsession sweepstakes is… 4 reasons gold got caught in a perfect storm –MarketWatch They even have a picture of a golden girl in a tiny little bikini bottom. Okay, so MSM are not all bad I guess. Gold is suffering a major meltdown. Prices for the yellow metal have…
With the mainstream media onslaught against precious metals climaxing this weekend as WSJ’s Jason Zweig proclaimed gold “like a pet rock,” describing owning gold as “an act of faith,” we thought it worthwhile looking back at the last time ‘everyone’ was slamming gold and entirely enthused by the omnipotence of central bankers… May 4th, 1999 – “Who Needs…
