Latest Posts

  • Finance 0

    Nasdaq Rises Above 6,000 For The First Time Ever

    Another day, another market record, this time in nice round numbers, as the Nasdaq hits new all time highs, rising above 6,000 for the first time ever … … driven by the familiar five tech giants Amazon, Apple, Facebook, Google, Microsoft, which together now account for over 10% of the total US market cap....
    On April 25, 2017 / By
  • Finance 0

    King Dollar; Attempting To Break 3-Year Rising Support

    Below looks at a long-term chart of the US Dollar, that was shared on 12/30/16. This chart highlighted that King Dollar was facing two long term resistance lines, at the 104 zone. (See Post Here). Joe Friday was pointing out this was a rare test of resistance and could be the price zone, where a major top could take place. Since Joe Friday pointed out this resistance zone, King$ has declined around 5%, which could be a good reason that Gold, Silver and Mining stocks have done very well so far this year. Below looks at an update on the price action of the US$. Line (1) has been support and resistance over the past 20-years. US$ hit the unde...
    On April 25, 2017 / By
  • Finance 0

    Eli Lilly And Co. Q1 Profit & Revenue Beat The Street

    Eli Lilly and Co. (NYSE:LLY) early Tuesday posted better than expected first quarter earnings results and backed its full-year outlook, as its new product launches are going mostly as expected....
    On April 25, 2017 / By
  • Finance 0

    T. Rowe Price (TROW) Q1 Earnings Lag On High Costs

    Have you been eager to see how T. Rowe Price Group, Inc. (TROW – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this MD-based popular asset management firm’s earnings release this morning: An Earnings Miss T. Rowe Price came out with adjusted earnings per share of $1.18, lagging the Zacks Consensus Estimate of $1.20. Adjusted higher expenses were primarily responsible for this earnings miss. How Was the Estimate Revision Trend? You should note that the earnings estimate revisions for T. Rowe Price depicted optimism prior to the earnings release. The Zacks Co...
    On April 25, 2017 / By
  • Finance 0

    Silver Giving Way?

    It is my only short position now, having taken losses on a couple market shorts (partially hedging longs) and a gain on crude oil (just because I was straight out bearish on oil).  But silver told me to keep holding short (I increased the short last week) and so far that is working out. SLV is ticking a lower low to the one from a couple of weeks ago and is not yet oversold, with RSI going red (below 50). What’s more, the latest Commitments of Traders data were extremely bearish.  This is not a timer, but it is a condition to negative price events. The rest of the post is excerpted from NFTRH 444… On to the grizzly chart of the silver C...
    On April 25, 2017 / By
  • Finance 0

    Biotech Digest – JAZZ Reports Positive Results, CTSO Inks New Contract, AMGN Forges Collaboration

    Top Pick of the Day: CAPR Capricor Therapeutics (CAPR) announced encouraging six-month results in a Phase 1/2 clinical trial, HOPE, evaluating lead product candidate CAP-1002 in Duchenne muscular dystrophy (DMD) patients at least 12 years old with heart disease secondary to DMD. HOPE randomized 25 subjects to receive either a single dose of CAP-1002 (n=13) or usual care (n=12). Patients in the test group experienced a statistically significant improvement in systolic thickening of the inferior wall of the heart (p=0.030) and in the function of the middle and distal upper limb (p=0.045). Differences in several other cardiac and skeletal muscle...
    On April 25, 2017 / By
  • Finance 0

    LePen Euro Frexit Panic Over – “For Now”

    Written by John Stepek, Editor of Money Week OK, drama’s over. The French election has turned out pretty much exactly as expected. For all that some of the papers are leading with “French revolution” headlines, the reality is that a face-off between the right-wing Marine Le Pen of the Front National and independent/socialist candidate Emmanuel Macron of En Marche! has been on the cards for months now. LePen and Gold bars (Metalor 100g). Concerns about Frexit and the end of the euro has seen strong demand for gold in France and throughout jittery EU countries So what happens now? And what does it mean for your money? Looks as though Macr...
    On April 25, 2017 / By
  • Finance 0

    Netflix, Inc. Inks Licensing Deal With Beijing-Based Video Service IQiyi To Bring Its Content To China

    Netflix, Inc. (Nasdaq:NFLX) has been trying for years to bring its namesake streaming media service to China, but has faced stiff opposition from regulators at every turn so now, the company is taking a new approach that could fall under the old cliche “If you can’t beat ’em, join ’em.” Written by StockNews.com That’s because NFLX just signed a major licensing agreement to bring its in-house content to millions of Chinese people via Beijing-based video service iQiyi. The Hollywood Reporter has some commentary below from Netflix on the move, which was announced amid the kickoff ceremony for APOS, an annual industry conference Bali:...
    On April 25, 2017 / By
  • Finance 0

    Express Scripts Holding Shares Crash On News Of Company Losing Its Biggest Client Anthem

    Express Scripts Holding Company (ESRX), a global pharmacy benefit management (PBM) company yesterday announced that they will be losing their biggest customer Anthem. Express announced that Anthem their biggest customer does not plan on extending their contract when it expires in 2019. Anthem has sued Express Scripts in March of last year stating they were being charged too much for drugs and operational failures.   Express Scripts Holding Company CEO’s Comments “It is difficult for us to understand why Anthem has not recognized the potential value which could be brought forth by engaging in meaningful discussions regarding a mutually b...
    On April 25, 2017 / By
  • Finance 0

    The Stock Whisper Of The Day: AA, AKS, FCX, SPY, USO

    Hot stocks of the day: AA, AKS, FCX, SPY, USO   Video length: 00:05:30...
    On April 25, 2017 / By