There were so many oil stocks on the list this week that I put the cut off at 15 million shares (just for oil stocks) to help filter it down. Weatherford Internation (WFT) Average day range (30) is 7.07% and average volume
December 20, 2016
Jefferies analyst Brian Abrahams believes the hiring of internal candidate Michel Vounatsos as Biogen’s (BIIB) new CEO reduces the near-term potential for a takeout of the company. Biogen “likely looks to continue an independent course at least for now,” Abrahams
I speak with Greg Hunter from USA Watchdog, about simultaneous hyperinflation and deflation as well as the coming destruction of wealth. Stocks, bonds and property are all likely to suffer declines of 50-75%. The coming money printing on a massive
Nike (NKE): Nike headlines a slow week of earnings with its fiscal second quarter report tomorrow after the market closes. The rise of Lululemon (LULU) and Under Armour (UA) have put considerable pressure on Nike’s results lately. As a result, revenue
OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps (ESH17 +0.20%) are up +0.20% and European stocks are up +0.30% on improved prospects for global growth after Japan’s Cabinet Office hiked its Japanese 2017 GDP forecast. Also, energy producing stocks are higher
Earlier this month, I wrote that tax-free closed-end bond funds were ripe for the picking, and this is still the case today. In my income-driven newsletter Peak Income, we currently have three open recommendations yielding a fat, tax-free 6%. But, as nice
The dream of peace on earth and good will towards men was shattered once again with two incidents that defy the hopes of the season. The murder of Russia’s ambassador to Turkey and the slaughter of 12 people by a
Hot stocks of the day: SPY, GDX, ON Video length: 00:04:16
The holiday season has a different vibe, doesn’t it? The pace around us quickens, expectations rise, and despite the commercialization, at least some of the joy and optimism of the season seeps in around the edges. Personally, this weekend, I’ll
Lloyds Banking Group (LYG) announces that it has agreed to acquire MBNA Ltd, a UK consumer credit card business, from FIA Jersey Holdings Limited, a wholly owned subsidiary of Bank of America (BAC). The transaction is consistent with the Group’s
