Are Cryptocurrencies The New Precious Metals?

Are Cryptocurrencies The New Precious Metals?

As precious metals like gold and silver continue to meander in price, the question of whether Cryptocurrencies are taking their place has been raised. Sure the price of cryptocurrencies like bitcoin, Litecoin, and ethereum continue to rise. They have their place. But...
Apple Shares Will Get Crushed If This Happens

Apple Shares Will Get Crushed If This Happens

It is already underway. There are SERIOUS concerns over orders and demand for the iPhone 8 despite a successful launch. Apple (AAPL) shares fell 1.5 percent in premarket trading on Thursday as brokers and traders speculated over poor demand and cuts in production of...
Handling Netflix Stock Here

Handling Netflix Stock Here

What to do? Our colleague DoctorRx offered several key thoughts on the name and we feel both longs and shorts in Netflix stock (NFLX) need to be aware of the piece. DoctorRx stated: “Netflix recently announced its Q3 results in a shareholder letter posted on its...
Trump To EPA: Biofuels Will Stay

Trump To EPA: Biofuels Will Stay

Score one for the environment? Score one for the midwestern state economies. In a move that should keep both liberals and conservatives happy, Trump directed EPA Administrator Scott Pruitt to back off any changes that would dilute a federal mandate for biofuel use,...
American Express Earnings Reaction

American Express Earnings Reaction

Wow. American Express (AXP) has just reported earnings. We would like to offer some thoughts on the results. Bottom line? We are bullish. There was a top and bottom line beat and the outlook is strong with a very confident consumer mindset. This bodes extremely well...
JPMorgan Chase: A Must Read Reaction

JPMorgan Chase: A Must Read Reaction

We were looking for a big rally in banks following JPMorgan Chase’s (NYSE:JPM) reported earnings which were absolutely stellar. As the stock approaches the $100 level, we are growing more bullish, because the growth in the name seems to support the price. In...
SuperValu Earnings Reaction

SuperValu Earnings Reaction

SuperValu Earnings were reported today and at first the Street rejoiced, sending shares 10% higher, and pulling the sector up with it. Then, it turned ugly, as News of an acquisition and questionable guidance left a sour taste in the Street’s mouth. We want to...
Goldman Sachs Earnings Thoughts

Goldman Sachs Earnings Thoughts

WGoldman Sachs has just reported earnings and there were some key highlights that you need to be aware of. Goldman Sachs easily beat expectations on the top and bottom lines. The company also disclosed it plans to buy back $8.7 billion in shares after being...
Tesla Lies Again

Tesla Lies Again

Tesla (TSLA) has broken a number of promises over the last few years. Now whether this is intentional or inadvertent has been questioned in the past. Our colleague Bill Maurer has identified another issue. He states: “In one of my latest Tesla articles, I talked...
Bitcoin: A 50% Move Is Coming

Bitcoin: A 50% Move Is Coming

Bitcoin will move 50% higher. Well it already has, a number of times. To be fair, it depends on the point in time. Let’s say bitcoin falls to $4000 right now. It will not, but with volatility it could be. A double from here would put the price at $8,000. We...
Why IBM Stock Is Soaring

Why IBM Stock Is Soaring

IBM stock is moving. But why? Well it’s because earnings were stellar. “In the third quarter we achieved double-digit growth in our strategic imperatives, extended our enterprise cloud leadership, and expanded our cognitive solutions business,” said...
Snap Olympics Coverage Coming To Your Phone

Snap Olympics Coverage Coming To Your Phone

Are you a Snap user? Well get ready, because Snap Olympics is coming your way. Discovery Communications’ Eurosport and Snap, Inc have entered a strategic advertising and content agreement that will bring Snapchat users coverage of the 2018 Olympic Winter Games in...