Acquisitions, online shopping, and increasing marketing mail counts provide tailwinds for a company that grew revenues by 29% in 2017. Despite this high growth, Stamps.com’s P/E and Free Cash Flow yield are still in line with the market, indicating room for the stock to rise. Stamps.com has a 32% net profit margin and provides a unique way…
Market Analysis Each spring, the USDA surveys U.S. producers to get an initial sense of their prospective planting ideas for the upcoming year. The results of this sampling will be released on March 29 along with a quarterly stocks report for the major row crops. Because of last fall’s sizable supplies and generally low prices,…
Much to the respite of American steel makers, U.S. steel imports have dropped roughly 5% year to date – according to the latest report from the American Iron and Steel Institute (AISI), an association of North American steel makers. Per AISI, based on preliminary U.S. Census Bureau data, total domestic steel imports went down 18%…
Sentiment Indicators Surprisingly, the CNN Fear and Greed index was still stuck on extreme fear after the rally on Monday as it was at an 8 out of 100. The table below reviews some of the sentiment indicators and shows if each one is a bullish or bearish signal. The put to call ratios for 3 days…
RXi Pharmaceuticals (RXII) is a highly volatile biotechnology stock in which the underlying company has developed a robust self-delivering RNAi-based technology platform. The robust technology platform sd-rxRNA provides a strong foundation to build a leading Immuno-oncology company, with a short-term focus using Adoptive Cell Transfer technology. This is a development stage company, and as such…
Tough to pin a catalyst in this flush – which has pushed S&P red and Nasdaq down hard – but a combination of NVDA’s drop, TSLA’s tumble, 5Y auction tail, and FB comments, seems to be stalling the bounce. Or perhaps stocks are catching down to bonds… As VIX spikes (and remains inverted)
Bitcoin Elliott Wave Analysis in the short term is showing an interesting corrective structure suggesting a recover to take place after it finishes the current move. The digital instrument is correcting the cycle from 03/18 low in 3 waves as a Zigzag structure which reached the 100% – 161.8% Fibonacci extension area $8093 – $7520 from where…
Even as stocks were suffering from trade-related tensions last week, one key sector was steadily notching up gains. While all other key sector SPDRs of the S&P 500 incurred losses over the last five trading days, the Energy Select Sector SPDR (XLE) gained 2.6% over the same period. Analysts feel that this long-neglected sector is…
Twitter (TWTR) is stuck in between two long-term Fibonacci retracement levels (after nearly tagging and retreating from the 40% Fib) and a downtrending channel, as shown on the following monthly chart. Momentum had been building since mid-2017, but was capped in mid-February. It is 29% lower than it was at the close of its first week of its IPO (November 7, 2013),…
