Shares of NewLink Genetics (NLNK), a clinical-stage company focused on developing and commercializing immunotherapeutic products for the treatment of cancer, plunged in pre-market trading after a competitor exploring the same areas of cancer treatment reported a clinical trial that did not succeed in achieving its goal. Incyte/Merck Combo Misses Mark Incyte (INCY) and partner Merck…
Institutional Shareholder Services (ISS), the largest proxy advisory firm in the U.S., acquired research firm EVA Dimensions last month to improve the quality of the fundamental research it gives to its clients. ISS, which advises shareholders on proxy votes surrounding corporate governance and executive compensation, may begin implementing EVA Dimensions’ models into its recommendations as…
We are watching Foot Locker (FL) very closely as it is a key component of the BAD BEAT Investing portfolio run by Quad 7 Capital. We believe 2018 is a make or break year for the name. The reason that we added the name to the portfolio and have made several successful trades in the…
Silver has been dead money over the past year or so, relentlessly grinding sideways to lower. That weak price action has naturally left this classic alternative investment deeply out of favor. Silver is extremely undervalued relative to gold, while speculators’ silver-futures positions are extraordinarily bearish. All this has created the perfect breeding ground to birth…
Energy shares have lately fallen out of favor. In fact, the broader energy sector declined in the first quarter of 2018 with the Energy Select Sector SPDR (XLE) down 9.5% over the last three months. However, oil prices stayed above $60 a barrel for most of Q1. Fresh concerns about possible supply bottlenecks pushed up…
The BLS reports March jobs as +103,000 with the unemployment rate at 4.1%. Revisions were negative. Revisions The change in total nonfarm payroll employment for January was revised down from +239,000 to +176,000, and the change for February was revised up from +313,000 to +326,000. With these revisions, employment gains in January and February combined…
Introduction The Great Recession of 2008 – which ended in the spring of 2009 – brought on one of the greatest and longest bull markets in modern history. For true value-oriented dividend growth investors, the recession created a virtual cornucopia of excellent dividend growth stock investment opportunities that existed until the end of August 2013….
Soros Gets Skin in the Game Hungarian-American billionaire investor George Soros is marching to the beat of a new drummer. At the World Economic Forum in Davos, Switzerland this January, he argued that cryptocurrencies’ volatility would keep them from functioning as legitimate tender. Among other comments, he called the market a bubble and said that…
USD/CAD is making an overlapping decline within higher degree wave c of 4, so we are wondering if price is unfolding an Elliott wave ending diagonal. If so then current Fibonacci support region of 61.8 can react as a turning point and push its price higher, and also if current structure is an ending diagonal,…
There have been many times in my long career when some things were “certain.” In 1999 and 2000 people were certain tech and internet stocks would rise with no end, as if trees grow to the sky. In recent years there were times when investors were certain interest rates would rise and not by a…
