Bitcoin Price At Zero

Bitcoin price At zero. Yep. A cryptocurrency exchange in Japan reportedly experienced a temporary glitch last week that suddenly offered investors their pick of coins for the low, low price of zero dollars. Several customers took advantage of the opportunity, but one...

$400 Million Bet On Bitcoin

Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital currency, bitcoin. The purchase comes as cryptocurrencies are making a comeback after a dreadful start to 2018. Major...
Facebook to step up security

Facebook to step up security

Keep an eye on Facebook’s (NASDAQ:FB) expense line moving forward, and possibly a decline in advertising revenues. The company is making a major move to prevent so called “fake news” off its site, even if it costs revenue and ups expenses. With news...
Toy Story Land Opening At Disney

Toy Story Land Opening At Disney

The portion of the park dedicated to the  “Toy Story” films, will open to guests at Disney’s Hollywood Studios June 30, 2018. When it opens, guests visiting Toy Story Land will “shrink” to the size of a toy and join in on the fun Woody, Jessie, Buzz, and Andy’s other...

Riot Blockchain Scandal Uninvestable?

As bitcoin hit record highs in late December, a hot new stock was making news on a daily basis. Riot Blockchain’s (RIOT) stock shot from $8 a share to more than $40, as investors wanted to cash in on the craze of all things crypto. In this column we discuss the...

SunPower Feeling Solar Tariff Pinch

Trading has now resumed in SunPower (NASDAQ:SPWR) after a halt, is now down double-digits after reporting better than expected Q4 earnings and revenues but guiding Q1 and full-year revenues well below expectations, citing the 201 solar tariff decision. SPWR forecasts...

Litecoin: What is going on here?

Litecoin is up over 30% today, leading the pack of cryptocurrencies today which are all rallying. Cryptos have performed very well, and the market has added nearly $45 billion in total capitalization over the past day alone. But why is litecoin spiking like this? The...

Fitbit Makes A Move

Fitbit, Inc. (NYSE: FIT) stock has been struggling around the $5 mark for some time. The wearable fitness device maker realizes that it needed to do something to spike growth. Well, today the company announced that it will acquire Twine Health. Twine Health is a...

American Electric Power Wind Farm Takes A Blow

American Electric Power Co.’s (NYSE:AEP) proposal for the largest-ever U.S. wind-power project received a setback Monday. The company failed to prove that customers should pay for the $4.5 billion Oklahoma project through power rates, Mary Candler, an administrative...
Key Stocks To Watch Next Week

Key Stocks To Watch Next Week

There are key stocks to watch next week. Our key stocks to watch next week comes after volatility has made it return. It sure was a crazy week in the market. Simply WOW. Investors might have a little more work to do now that higher interest rates are looming their...
Worst Day In Market History

Worst Day In Market History

The stock market went on a wild ride again on Monday, with the Dow Jones industrial average closing down 1,175 points, it’s worst point drop in history. The Dow closed down 4.6 percent and turned negative for the year. At one point Monday afternoon, the Dow was...
Key Stocks To Watch This Week

Key Stocks To Watch This Week

It sure was a crazy week in the market. Investors might have a little more work to do now that higher interest rates are looming their ugly head. Looking ahead following last week’s 4% slide in the Dow and S&P 500, there’s also the sharp moves in the...

Stocks Crushed: What Happened?

The Dow tumbled 666 points Friday — its sixth-biggest point loss ever — and suffered its worst week in two years as investors turned skittish about spiking interest rates, dashing much of the optimism that had been powering stocks to record heights. In a matter of...

Quad7Capital Purchase: Southwestern Energy

We have purchased 5,000 shares of Southwestern energy (NYSE:SWN) at $4.045 today prior to market close. Natural gas is a hated sector, but this stock has lost 25% of value in a week. It is profitable and trades at 6 times trailing earnings and just over 3 times...

Weatherford Hammered

Weatherford (WFT -14%) plunges as much as 16% after reporting a larger than expected Q4 loss, raising doubts that the company is executing a turnaround after years of losses despite the general upturn in demand for oilfield services that has helped rivals. Q4 results...

Why TrueCar Stock Is Plummeting

TrueCar down more than 6% after sudden CFO exit On January 28, 2018, Michael Guthrie, Chief Financial Officer of TrueCar, Inc. (the “Company”), notified the Company that for personal reasons he will resign from his position as the Company’s Chief Financial Officer,...

Cyptocurrency Panic Crash

Will it rebound? Cryptocurrency panic is setting in. As the cryptocurrency panic sets in, Bitcoin is now taking out $1K markers on the downside with the same speed or more with which it took out milestones on the upside a few weeks ago. The crypto – around $11K...

Shell Makes Massive Discovery

Royal Dutch Shell (RDS.A, RDS.B) announces one of its largest U.S. Gulf of Mexico exploration discoveries in the past decade from the Whale deepwater well. Shell says the well encountered more than 1,400 ft. of oil bearing pay and appraisal drilling is underway to...

Chevron Makes A Major Find

Chevron (CVX -0.4%) says it made a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico in the Mississippi Canyon area. CVX says the initial Ballymore well reached total measured depth of 29,194 ft. and encountered more than 670 ft....

Cryptocurrency Falls Again

Crpytocurrency falls again The world’s biggest virtual currency Bitcoin fell 4.7% on the last day of the month, biggest decline since Dec. 2013, ending January with around 25% decline amid growing fears over regulatory scrutiny. Bitcoin was trading at $10,000 by...

Steel Crushed

AK Steel (AKS -12%) plunges to its lowest level in more than a month, despite initial gains after reporting a smaller than expected Q4 loss, amid investor concerns that rising costs will constrain margins even as prices gain. AK Steel said in today’s earnings...

Apple Under Investigation

The U.S. Department of Justice and the Securities and Exchange Commission are investigating Apple’s (NASDAQ:AAPL) slowing of older iPhone models, according to Bloomberg sources. The question is whether Apple violated securities laws by not disclosing that an early...
Amazon Prime HealthCare

Amazon Prime HealthCare

Amazon Prime Healthcare? Yeah its a real possibility. No we are not kidding, Amazon Prime Healthcare could be a reality. Amazon (NASDAQ:AMZN), JPMorgan (NYSE:JPM), and Berkshire Hathaway (BRK.A, BRK.B) are partnering up to form a healthcare company. Tackling the...
Addressing The Cryptocurrency Selloff

Addressing The Cryptocurrency Selloff

What a cryptocurrency selloff. We have not seen a cryptocurrency selloff like this since, oh wait, last week. So what is going on with the present cryptocurrency selloff this time? U.S. regulators are scrutinizing one of the world’s largest cryptocurrency exchanges as...

Chesapeake Energy Crushed, Slashing Costs

Chesapeake Energy (CHK) stock has been crushed the last few days. The same goes for Range Resources (RRC) and Southwestern Energy (SWN), one of our top picks right now. This all comes despite natural gas fundamentals recovering. We suspect SWN and RRC may follow suit,...
GBTC: Are You Retarded?

GBTC: Are You Retarded?

GBTC is hitting the wires hard and people are panicking. Are you retarded? People are crying over 98% losses today. How can you invest your money and NOT be aware of what is going on with GBTC today? So why is GTBC “down 98%” today. Well, because it is...

Discover Card: No Cryptocurrencies

The blows just keep on coming for cryptocurrencies. Today we learned that Discover Card, and Discover Financial Services (DFS) is disallowing cryptocurrencies from being purchased. What is going on here:   Discover CEO David Nelms, 56, told Jennifer Surane, “It’s...
Why Range Resources Is Cratering

Why Range Resources Is Cratering

Range Resources stock (RRC) is cratering. Range Resources stock has suffered in recent months due to the oversupply of natural gas prices weighing on the commodity. Today, Range Resources stock is getting hit after being downgraded by Morgan Stanley following its 2018...
Solar Stocks At War

Solar Stocks At War

U.S. trading partners are starting to respond to the Trump administration’s decision to slap steep tariffs on imports of solar panels and washing machines. China The Chinese Commerce Ministry on Tuesday expressed “strong dissatisfaction” over the...
Another Cryptocurrency Ban

Another Cryptocurrency Ban

South Korea is banning the use of anonymous bank accounts to make cryptocurrency transactions. We however encourage you to buy cryptocurrency, and can get started with altcoins now. The move is aimed at stopping virtual currencies being used for crimes such as money...
Why Is Mazor Robotics Stock Higher?

Why Is Mazor Robotics Stock Higher?

Mazor Robotics stock (MZOR) is in rally mode. What is interesting is that this rally in Mazor Robotics stock is on no real news. Recall a month ago there were insider trading accusations which hit the stock. The government shutdown was also a problem for the company,...
Jana Buys Up TEVA

Jana Buys Up TEVA

Jana Partners has built a stake in TEVA Pharmaceuticals, believing the stock to be worth $30 (50% upside), according to an investor letter. Earlier TEVA stock was hammered in response to its announcement that a Phase 3 clinical trial assessing subcutaneously...
Netflix Earnings On Tap

Netflix Earnings On Tap

By M. Castillo Analysts expect Netflix (NFLX) to post a big quarter after the bell on Monday, bolstered by subscriber growth ahead of Netflix’s previously announced estimate of 6.3 million. The company’s stock rose 2.5 percent in early trading Monday. GBH...
What is Going On With Sorrento Therapeutics?

What is Going On With Sorrento Therapeutics?

Sorrento Therapeutics (SRNE) continues its upward march on more than double normal volume. Sorrento Therapeutics Shares have tripled since early December. In an SEC filing today, the Sorrento Therapeutics eported that it acquired 1,801,801 shares of common stock and...
Assessing The Array BioPharma Rally

Assessing The Array BioPharma Rally

Array BioPharma (NASDAQ:ARRY) is in rally mode today. Let us discuss why Array BioPharma stock is flying. Array BioPharma stock is seeing green today after it providedupdated results from a Phase 3 clinical trial, BEACON CRC, assessing the triplet combination of...
Why CNIT Stock Is Rallying

Why CNIT Stock Is Rallying

China Information Technology, Inc. (NASDAQ: CNIT is a leading provider of internet-based ad distribution and ad display terminal sharing systems in China. CNIT stock is in rally mode today, up 6% at the time of this writing. Why is CNIT stock rallying like this? Well...
Tron: The Grand Plan

Tron: The Grand Plan

“Hello everyone. Hello everyone. Yeah. Just tap one if you can hear my voice.” Justin Sun flashed up on the live stream. Hunched over his device, he appeared in a blue V-neck sweater with a sunlit window behind him. Waiting a few minutes for viewers to appear, he...
Bitcoin Will Collapse

Bitcoin Will Collapse

A bitcoin collapse. The fate bitcoin faces is a grim one, according to Nobel-prize winning economist Robert Shiller, who predicts a bitcoin collapse as the cryptocurrency will either implode or drag on, comparing it with the tulip craze of the 17th century. “It has no...
Facebook News: You Have Lost Control Of Your Feed

Facebook News: You Have Lost Control Of Your Feed

Facebook news is about to change. Facebook Inc (FB). plans to start ranking facebook news sources in its feed based on user evaluations of credibility, a major step in its effort to fight false and sensationalist information that will also push the company further...
General Electric Stock Implosion

General Electric Stock Implosion

General Electric stock (GE) is down another 3% to a 6.5-year low of $16.05. Investors price in another General Electric stock dividend cut and remain unconvinced a break-up will yield any incremental value for General Electric stock holders. Sitfel’s Robert...
“Cryptocurrency Trade Must End”

“Cryptocurrency Trade Must End”

Wow. The “cyptocurrency trade must end.” Harsh words for those currently long the cryptocurrency trade. What are we talking about here? Well, the crackdown on the cryptocurrency trade continues. A senior Chinese central banker says “the...
Bitcoin Can’t Save Autocrats

Bitcoin Can’t Save Autocrats

Vladimir Putin’s finance ministry wants to let cryptocurrencies trade on official Russian exchanges. Kim Jong Un’s hackers are stealing digital cash. Nicolas Maduro hopes a cryptocurrency backed by oil will lure investment back to Venezuela. All three leaders are...
Bitcoin Bank Ceases Crypto Transfers!

Bitcoin Bank Ceases Crypto Transfers!

According to the report, a Metropolitan Bank (NYSE:MCB) customer on Thursday was notified that the bank was “ceasing all international crypto-related wire transfers,” effective immediately. The move was reportedly thanks to alleged international fraud...
The End Of Bitcoin?

The End Of Bitcoin?

Is this the end of bitcoin? Bitcoin, which hit a high of almost $19,000 on December 18, 2017 is headed lower – possibly much lower, for now.  Is this the end of Bitcoin? Well, it may be for now, but there will be many who are #HODL. We present just a view that...
Central Bank Warns Against All Cryptos

Central Bank Warns Against All Cryptos

Bank Indonesia issued a press release on Jan. 13, warning its citizens against the use of selling, buying or trading cryptocurrency and reiterating that virtual currency is not legitimate within Indonesia. This statement comes after the September reassertion that Bank...

Ripple Lands MoneyGram Partnership

Cryptocurrency Ripple has broken higher after announcing a mainstream partnership with Moneygram. Ripple is up about 14% over the last 30 minutes to 1.99, but still trades at only about half of where it stood a week ago. Ripple statement: “The use of XRP allows...
Five Below Stock: What Is Going On?

Five Below Stock: What Is Going On?

In our weekly “key stocks to watch this week” column that was emailed to subscribers this weekend, we specifically called out Five Below stock (NASDAQ:FIVE) as a stock to watch, as it was a big week potentially for retailers. So what did we learn regarding...
Destination XL Group Stock Tanking

Destination XL Group Stock Tanking

    Destination XL Group stock (NASDAQ:DXLG) is tanking today on the back of weak commentary. So what is going on and why is Destination XL Group stock tanking? Well,the largest omni-channel specialty retailer of big & tall men’s apparel, today...