Is This The End of Net Neutrality?

Is this the end of net neutrality? We have learned that FCC Chairman Ajit Pai has launched his press to repeal net neutrality rules, posting an op-ed in The Wall Street Journal and circulating an order to commissioners to end regulation that he says is micro-managing...

Bitcoin Trading Firm Makes Big Move

UK-based bitcoin trading shop B2C2 thinks of itself first and foremost as a capital markets firm, not a crypto-company. And the firm’s board appointments Tuesday represent that identity with which they want to be associated. B2C2, an over-the-counter trading...

Bitcoin, Ethereum Prices Hit After Tether Attack

The value of bitcoin and ethereum prices briefly took a dip on Monday evening after a big theft allegedly affected a separate virtual currency system called Tether: Tether’s cryptocurrency, the USDT, is pegged to the U.S. dollar. The operators of the Tether network...
Merger Madness: Department Of Justice Versus AT&T

Merger Madness: Department Of Justice Versus AT&T

After a couple of weeks of heavy discussion around the regulatory prospects for AT&T’s (NYSE:T) long-in-the-making $85B plan to take over Time Warner (NYSE:TWX), the Justice Dept. says it’s filing suit to stop the deal. The DOJ formally announced its...
Confirmed Date For Bitcoin Futures!!

Confirmed Date For Bitcoin Futures!!

While some investors are actively avoiding bitcoin, others are eagerly awaiting the trading of bitcoin futures. Action at the CME actually looks like it will start on Globex on the evening of Sunday Dec. 10, but it will be for Dec. 11 trade date. This news could help...

Why Some Investors Avoiding Bitcoin

The difficulty of assigning a fair value to a speculative instrument that is less than a decade old and lacks the fundamentals that drive other asset classes was the main reason for steering clear of bitcoin, investors speaking at the Reuters Global Investment 2018...

Keystone Pipeline Approved By Nebraska

Nebraska’s Public Service Commission approves TransCanada’s (TRP +1.4%) proposed route for the Keystone XL pipeline by a 3-2 vote, clearing the way for the final permit needed to build the controversial project. The vote comes just days after a leak in...

Fast Food Stock Names Have Strong Q3

The fast food stock trade business is far from dead. Fast food stock restaurants outperformed fast casual chains in Q3 (+1.1% vs. -2.4%) as menu innovation continues to contribute. Solid same-store gains were recorded by McDonald’s (NYSE:MCD), Del Taco...

Big Day For Baozun

Baozun (NASDAQ:BZUN) is set to report earnings tomorrow. This is a critical report for the company. Baozun stock had rallied hard after major data points last week: Recall that the E-commerce strategy giant announced Singles’ Day sales of $751.4M, nearly double the...

Berkshire Hathaway Key Moves To Know

Berkshire Hathaway’s (BRK.A, BRK.B) latest portfolio positions include increased positions in Apple (NASDAQ:AAPL), Monsanto (NYSE:MON) and Synchrony Financial (NYSE:SYF). Buffett’s Berkshire Hathaway conglomerate raised its AAPL holding by 3.9M shares to...

Qualcomm Wants A Bigger Broadcom Bid

Bloomberg reports that Qualcomm (NASDAQ:QCOM) investors want at least $80 per share from Broadcom (NASDAQ:AVGO). Broadcom had offered $70 per share in its unsolicited bid, which the Qualcomm board rejected. Broadcom CEO Hock Tan hasn’t increased an opening offer over...
About This Marvell Cavium Purchase

About This Marvell Cavium Purchase

Have you heard that there is a huge purchase Marvell (MRVL) made of Cavium (CAVM)? This is an interesting deal. The Marvell Cavium purchased was just announced this morning.  The Marvell Cavium purchase was announced as a definitive agreement, unanimously approved by...
Blockchain Tests Pass Wall Street Smell Test

Blockchain Tests Pass Wall Street Smell Test

“We know the thing works now,” says Axoni CEO Greg Schvey, whose firm just managed a six-month test of blockchain in the $2.8T equity swaps market. We find this news to be very interesting. Among participating banks were JPMorgan (NYSE:JPM), Goldman Sachs...
Papa John’s And Other Brands React To NFL Protests

Papa John’s And Other Brands React To NFL Protests

Papa John’s (PZZA) is attempting a public reversal following its recent comments on its earning’s call. Other brands have also made mention of the protests. The company, on its official Twitter account, apologized last week for “statements made on our earnings...

Merck Falls As Roche Gains Big

Merck (NYSE:MRK) is down 2% premarket on increased volume in apparent reaction to Roche’s (OTCQX:RHHBY) announcement of positive Phase 3 data on the combination of TECENTRIQ (atezolizumab), Avastin (bevacizumab) and chemo (paclitaxel and carboplatin) in patients...

Nearly Half Of GE Board Of Directors Fired

Nearly half of the GE Board of Directors has been fired. Sure, there are compensation packages. There are ‘resignations’. There are ‘mutual departures’. The bottom line is that this is a major, and much needed shake up: “The fact that the...
Hong Kong Bitcoin Hating

Hong Kong Bitcoin Hating

An interesting story out of Hong Kong. We are dubbing it Hong Kong Bitcoin hating. Now, the Hong Kong Bitcoin trade is tumultuous as it is. But today’s story is out of a lil sub-crypto called Gatecoin. Gatecoin is a cryptocurrency for fiat exchange based in Hong...
Bitcoin: We see $9,000 by month end

Bitcoin: We see $9,000 by month end

It is not a typo. We see Bitcoin (BTC) at $9,000 before month end. Bitcoin markets have been surging today and surpassed $8,050 per BTC on November 19, 2017, at approximately 7:00 pm EDT. The price spiked just nine days after the Segwit2x working group canceled the...
UBS: Screw Bitcoin

UBS: Screw Bitcoin

Screw Bitcoin. That is the message we are taking away from UBS. What do we mean? Well despite being a financial services giant, UBS has no plans to get involved with bitcoin or other cryptocurrencies, according to one of its senior executives. In an interview with...
Key Japan Cryptocurrency Policy Clarification

Key Japan Cryptocurrency Policy Clarification

Japan’s Financial Services Agency (FSA) has recently clarified its financial administrative policies, outlining “what kind of policy the financial administration should conduct,” the agency wrote. Within the 41-page document, there is a section on Japan cryptocurrency...
Gold Prices At New Monthly High, What is Next?

Gold Prices At New Monthly High, What is Next?

Gold prices rallied Friday to a more than one-month high, tacking on nearly 1.8% for the week, as the latest developments in the investigation into Russia’s interference in the U.S. presidential election knocked the dollar lower. Let us discuss this action in gold...
Key Stocks To Watch This Week

Key Stocks To Watch This Week

Below is a litany of information related to certain key stocks you should be watching, and why. Key stocks to watch and their events are scheduled for these companies and are listed below next week: Key earnings reports next week Notable earnings reports: Palo Alto...

Splunk Third Quarter Earnings-Question And Answer

Occasionally we like to listen in and use voice to text software to translate a question and answer period. Today our staff listened in on the Splunk call and wanted to provide you with the highlights of the question and answer period. Please note that this is prone...
Tesla Semi-Reveal A Distraction

Tesla Semi-Reveal A Distraction

  With a market capitalization of $52.5 billion, Tesla is already valued at 54 times free cash flow — in 2020 that is, according to consensus estimates. And do you know how accurate consensus forecasts for Tesla’s free cash flow three years out tend...
Apple Wants Intel For 5G Phone

Apple Wants Intel For 5G Phone

Apple (NASDAQ:AAPL) is leaning heavily toward Intel and its 5G capabilities for a future iPhone. The iPhone maker’s engineers have been engaged with Intel counterparts for early work on 5G, the upcoming technology for next-generation wireless broadband, our source...

Apple HomePod Delayed

Apple (NASDAQ:AAPL) has just released a statement regarding its new Apple HomePod. In the just released statement the company is basically saying the Apple HomePod smart speaker launch will now happen in “early 2018” instead of next month.  We had believed it would be...
EA Stock Getting Hit From Star Wars Purchase Debacle

EA Stock Getting Hit From Star Wars Purchase Debacle

EA stock (NASDAQ:EA) is getting hit once again.  Recall that after a backlash that made history with the Reddit community, EA and developer Dice have decided to reduce some in-game costs in upcoming high-stakes game Star Wars: Battlefront 2. Trial users of the game...

Why is Catalyst Biosciences Stock Up?

Catalyst Biosciences stock (CBIO) is rallying quite hard today. It appears to be on the back of no news for Catalyst Biosciences stock at this time, though there are whispers of positive data from some of its clinical development projects. What we do know is that...

Bitcoin New All-Time Highs

What a volatile few days for Bitcoin. That didn’t last long. Bitcoin made plenty of headlines over the weekend, plunging into the mid-$5Ks from a high of more than $7.5K days earlier. Not only did it rally yesterday, but it is continuing today.  As of Thursday...

AT&T and Time Warner Shares Gain On Merger Comments

Time Warner (TWX +0.6%) shares have jumped back into the green on an ABA speech from top Justice Dept. antitrust official Makan Delrahim on his approach moving forward. AT&T (NYSE:T) is at a session high, up 1.3%, as well. Delrahim suggested behavioral remedies...

Best Selling Cars Last Month

We follow automobile stocks pretty closely. In this column we take a look at the best selling cars from last month. What we find to be most interesting is that there are more American models to crack the top 10 than there have been lately, and the takeover of American...

Walmart Stock Makes All Time Highs

Walmart stock (WMT) has just hit a new all time high. This comes on the back of better than expected earnings and a relatively strong outlook. We at Quad 7 Capital have had a buy rating on the name since the summer 2017. Below are the major highlights of the quarter...

A Look At OptimumBank Holdings Performance

OptimumBank Holdings stock is taking off today, following a nice rally yesterday. All of this seems to be occurring on no real news items. However, earlier in the week earnings were quietly reported. In this column we briefly want to highlight the performance of...

China Advanced Construction Materials Stock Surging

China Advanced Construction Materials Stock is surging after its earnings release. Here is the segment from the release that is driving shares: “We engage in the production and supply of advanced construction materials for large-scale commercial, residential,...

CHF Solutions: Why The Surge?

Thinly traded nano cap CHF Solutions continues to rocket higher on a whopping 90x surge in volume. ‘No particular news accounts for the action was cited, although three days ago, it filed an amendment to a prospectus for a potential offering of preferred stock,...

Mt. Gox Bitcoin Drama Continues

When Mt. Gox, the world’s largest bitcoin trading exchange, collapsed in early 2014, more than 24,000 customers around the world lost access to hundreds of millions of dollars’ worth of cryptocurrency and cash. More than three years later, with the price of bitcoin...

Bitcoin Price Comfortably Above $7,000

While the weekend was very chaotic for Bitcoin, things have begun to turn around. Bitcoin has recovered much of its loss, now stabilizing well above the $7,000 mark (running $7,200 at press time). At the same time, after the remarkable gains for Bitcoin Cash the coin...

Bitcoin Futures Meet Opposition

A well-known electronic brokerage firm is issuing dire warnings against the CME Group’s plan to launch a bitcoin futures contract next month. But Interactive Brokers, in a comment letter dated Nov. 14, suggested a way to mitigate the risk it sees from such...

Mattel Rejects Hasbro Takeover

Mattel Inc (NYSE:MAT) has rejected Hasbro Inc’s (NYSE:HAS) latest takeover approach. This rejection is casting uncertainty over the potential combination of the world’s two largest toy companies. Mattel’s rejection indicates that Margaret Georgiadis, who took over as...

Raytheon Dividend And Buyback Sees $2 Billion Added

Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.7975 per outstanding share of common stock. The cash dividend is payable on Feb. 1, 2018, to shareholders of record as of the close of business on...

Square Testing Bitcoin, And That Matters

Payments company Square Inc (SQ) said it has started allowing select customers to buy and sell bitcoins on its Cash app, as it looks to tap into a craze that has sent the cryptocurrency up nearly sevenfold this year. For the most part though, institutional investors...

Big GM Electric Car Push

General Motors Co (NYSE:GM) plans to launch a new family of electric vehicles in 2021 that will cost less to build and make a profit for the U.S. No. 1 automaker, Chief Executive Mary Barra told investors on Wednesday at a speech. Her plans represent a direct...

AT&T and Time Warner Merger: State Attorney Generals Role

Updating earlier reports about the Justice Dept. looking to loop in state attorneys general on a potential suit blocking a merger between AT&T (NYSE:T) and Time Warner (NYSE:TWX), CNBC’s David Faber says the DOJ originally contacted 18 AGs. : Of those, seven...

New Buffalo Wild Wings Online Ordering Driving Sales

Buffalo Wild Wings (NASDAQ: BWLD) recently unveiled a new website that makes it easier for wing lovers to see, find and order their favorite Buffalo Wild Wings menu items – from their mobile device or desktop. Buffalo Wild Wing online ordering is really doing well....

Why GNC stock is rallying

GNC stock (NYSE:GNC) is rallying today. Many are wondering why GNC stock is up (rising 6% at the time of this writing) when it has been slumping for months. Well there are two key pieces of news to be aware of: First, GNC Executive Vice President and Chief Marketing...

Ten Stores Amazon Is Outcompeting

Jeff Bezos’ Amazon (NASDAQ:AMZN) has been blamed for killing off once-stalwart retail chains, forever changing the way we read and shop for books and squashing small businesses. And to hear some tell it, the path to total Amazon domination is just beginning. One...

CHF Solutions Stock Is Skyrocketing

Today CHF Solutions stock (CHFS) is skyrocketing. In this article we discuss the latest news. First, CHF Solutions stock got a little help from a strong third quarter, that largely went unnoticed: Revenue for third quarter ended September 30, 2017 increased 21%...

GE Stock Hit By Sell-Side Commentary

GE stock has plunged another 5% today, as several brokerages lower their ratings and price targets on the stock, disappointed that GE’s turnaround plan was not more aggressive. Despite a devastating dividend cut, it is not going to be enough to stop a $17 handle on...

Biotech Bull 3x Shares ETF Clobbered

The biotech sector has been under pressure of late. One potential opportunity that we have identified is the Direxion Daily S&P Biotech Bull 3x Shares ETF  (LABU). It is getting crushed in the last 5 days, and over the last month, but offers a way for both long...
GE Stock Nightmare Continues

GE Stock Nightmare Continues

Well the nightmare continues for General Electric (NYSE:GE). GE stock is getting pounded. It has been a long a torturous road for the once great company. The selling has picked up on news that the company would be cutting its dividend in half.  Of course, this came as...