Prior to Crude Oil’s 4% decline today following news that OPEC would extend production cuts for nine months, the chart looked poised for a breakout, resembling a head and shoulders bottom, with $55 serving as …
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This morning Credit Suisse upgraded their view of the U.S Steel sector in a 70-page report. This comes 4 months after downgrading the sector. In case you missed it, U.S. Steel (X) in particular has …
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In case you missed it, the assumed bad Hewlett, HP Inc (HPQ), the one that was the slow growth legacy hardware business that CEO Meg Whitman split out from in Q4 2015 to form and …
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Yesterday we took a look Under the Hood of the performance by sector in the S&P 500 (SPX) and frankly, the crowding in a handful of stocks of near monopolistic companies, strength in utilities and consumer staples, and …
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After massively outperforming the Nasdaq in 2016 (up 35% vs up 7%), the semiconductor space (via the etf SMH) is doing it again in 2017 (up 18% vs 14%) despite any participation by the second largest …
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On last night’s Fast Money on CNBC we opened the program with a discussion of whether or not investors looking to put fresh money to work in the stock market should stick with winning sectors …
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Shares of Blackberry (BBRY) are up 9.4% as I write, up a whopping 63% on the year. No they did not come up with an iPhone killer, they actually don’t make smartphone hardware anymore, for …
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In case you missed it, in the last couple days, the market cap of the digital currency Bitcoin passed that of the etf that tracks the price of gold, the GLD $35 billion vs $34 billion). …
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Out with the old, in with the new. This morning Ford’s (F) board fired their CEO of three years and replaced him with their head of the autonomous driving unit, per Bloomberg: The top headline is …
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On Wednesday Target (TGT) beat Q1 consensus eps estimates due in large part to better than expected same store sales comps (-1.3% vs estimates of -3.7%). In the earnings release, CEO Brian Cornell laid out the …
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