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Stocks Falter as Fed Minutes Fail to Inspire Confidence

November 22, 2017 / www.schaeffersresearch.com

It was a choppy, low-volume session on Wall Street, with traders carefully eyeing the November Fed minutes. While the policy-setting Federal Open Market Committee (FOMC) was upbeat on employment and the economy, some members are concerned that "elevated asset valuations" could lead to a sharp reversal in asset prices -- with potentially "damaging effects" on the economy. Against this backdrop, the...Read More

Why iRobot Stock is Sinking Ahead of Black Friday

November 22, 2017 / www.schaeffersresearch.com

U.S. stocks are mixed ahead of the Thanksgiving holiday, though the Nasdaq Composite (IXIC) carved out a new high earlier. Among those making the biggest moves are online vehicle auction services provider Copart, Inc. (NASDAQ:CPRT), bitcoin biochain expert Riot Blockchain Inc (NASDAQ:RIOT), and Roomba maker iRobot Corporation (NASDAQ:IRBT). Here's a quick look at what's moving shares of CPRT, RI...Read More

Call Traders Cash In on Square's Big Bitcoin Gains

November 22, 2017 / www.schaeffersresearch.com

Earlier today, Square Inc (NYSE:SQ) stock hit a new record of $49.55 -- marking its 10th consecutive session of all-time highs, fueled in large part by optimism over the mobile payment company's recent move to allow its customers to buy and sell bitcoin. However, SQ has since reversed course to trade down 1.7% at $47.24, on pace for its first daily loss in over a week.Meanwhile, the recent crop of...Read More

USO Put Buying Picks Up as Oil Prices Climb

November 22, 2017 / www.schaeffersresearch.com

Oil prices have been climbing amid increased expectations members of the Organization of Petroleum Exporting Countries (OPEC) and non-cartel members will extend their production cut agreement at next week's meeting. This positive price action is continuing today, with January-dated crude futures up 1.9% at $57.88 per barrel, after data showed a surprise decline in domestic crude supplies. As such,...Read More

Nasdaq Hits New High as Stocks Struggle for Upside

November 22, 2017 / www.schaeffersresearch.com

Stocks are bouncing around breakeven today, as trading volumes remain muted before the Thanksgiving holiday tomorrow. However, the Nasdaq Composite (IXIC) managed to touch a fresh record high in early action. And while the Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) trade in a tight range, many investors will likely stay glued to the market to see this afternoon's release of the Fe...Read More

Call Volume Picks Up on FAANG-Friendly XLY

November 22, 2017 / www.schaeffersresearch.com

The Consumer Discretionary Select Sector SPDR Fund (XLY) -- whose top holdings include FAANG stocks Amazon (AMZN) and Netflix (NFLX) -- has been roaring higher, as solid earnings and an ongoing tech rally help boost the sector. Earlier today, XLY shares hit a record high of $94.55, but options traders think there's even more upside on the horizon.At last check, roughly 3,600 calls had traded on XL...Read More

The Telecom Stock to Target Right Now

November 22, 2017 / www.schaeffersresearch.com

It's been a rocky year for most telecom stocks, as evidenced by the price action of the iShares U.S. Telecommunications ETF (IYZ). The exchange-traded fund (ETF) has been exploring a channel of lower highs and lows since its early 2017 peak, and plummeted to a new annual low in early November, after Sprint (S) and T-Mobile (TMUS) called off their merger. Against this backdrop -- and with AT&T (T)...Read More

A Non-Amazon Retail Stock to Buy for the Holidays

November 22, 2017 / www.schaeffersresearch.com

Amazon (AMZN) may be the ever-growing monolith of the online retail space, but it's hardly the only stock in the sector that's worth your attention. With the busy holiday shopping season kicking off this week, the shares of online retail hub Etsy Inc (NASDAQ:ETSY) just sent up a reliably bullish signal on the charts.Specifically, ETSY has had a lengthy stay above its 80-day moving average, and rec...Read More

Analyst: Management 'Destroyed Value' for This Retail Stock

November 22, 2017 / www.schaeffersresearch.com

Analysts are weighing in on cloud name salesforce.com, inc. (NYSE:CRM), Outback Steakhouse parent Bloomin' Brands Inc (NASDAQ:BLMN), and retail stock GameStop Corp. (NYSE:GME). Here's a quick roundup of today's bearish brokerage notes on shares of CRM, BLMN, and GME.Salesforce Stock Downgraded After Dismal Profit ForecastAnalysts were quick to weigh in on Salesforce.com, after the cloud concern u...Read More

The China-Based Stock That's More Than Doubled Today

November 22, 2017 / www.schaeffersresearch.com

U.S. stocks are trading close to breakeven in low-volume, pre-holiday action. Three stocks making moves today are e-commerce solutions company Baozun Inc (NASDAQ:BZUN), farming machinery concern Deere & Company (NYSE:DE), and Chinese machinery company Cleantech Solutions International Inc (NASDAQ:CLNT). Here's a closer look at what's moving shares of BZUN, DE, and CLNT.BZUN Falls After Third-Q...Read More

Barclays Upgrades 2 Outperforming Stocks

November 22, 2017 / www.schaeffersresearch.com

Analysts are weighing in on semiconductor specialist Marvell Technology Group Ltd. (NASDAQ:MRVL), cybersecurity expert Palo Alto Networks Inc (NYSE:PANW), and biotech stock Sangamo Therapeutics Inc (NASDAQ:SGMO). Here's what's moving shares of MRVL, PANW, and SGMO. Barlcays Upgrades Marvell StockBarclays is weighing in on Marvell Technology stock after the company's big M&A announcement earlier t...Read More

Stock Futures Signal New HighsAhead of Thanksgiving

November 22, 2017 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJIA) futures are trading above fair value ahead of what's expected to be a low-volume session. Nevertheless, a jam-packed economic calendar leaves plenty to digest for those lingering on Wall Street ahead of the Thanksgiving holiday. While early data showed durable goods unexpectedly fell 1.2% in October, the day's marquee event will be the 2 p.m. ET release of the...Read More

The Best Time to Buy Stocks After Black Friday

November 22, 2017 / www.schaeffersresearch.com

With retail stores opening on Thanksgiving, Cyber Monday becoming a thing, and websites running deals all weekend, Black Friday doesn't seem as momentous as it once was. In any case, it's a telling time for retail stores -- and retail stocks. News reports of lines and fist fights will emerge later this week, and they will be used to gauge consumer strength and the economy, in general. This made me...Read More

Alpha Mining Stocks (What Goes Up…)

November 22, 2017 / fifighter.com

With mining stocks, many investors/speculators are fixated on alpha plays because they are so damn exciting… With these stocks, it’s normal to witness double digit (or more) fluctuations in share price in a single trading session due to a new press release…Well, like most things, there’s a yin and a yang…What goes up usually comes back down….And oftentimes, on t...Read More

Gold Versus Bitcoin

November 22, 2017 / www.energyandcapital.com

Mexico City faded in the haze of the setting sun as I looked past the sheet glass on the 23rd floor. We sat on the patio, well above the dust and people, cars and cops with their military weapons and armored vests. The cervezas were cold, and the series of five-star Mexican dishes were as good as it gets.I was lucky to be sitting at the table with some captains of industry - Canadian oil CEOs and...Read More

The Golden Catalysts

November 22, 2017 / bmg-group.com

The comments above & below is an edited and abridged synopsis of an article by Jim RickardsThe physical fundamentals are stronger than ever for gold. Russia and China continue to be huge buyers. China has banned the export of its 450 tons per year of physical production.Gold refiners are working around the clock and cannot meet demand. They are also having difficulty finding gold to refine as mini...Read More

Final Boarding Call For Gold & Silver: Destination - Next Move Higher

November 22, 2017 / www.silverdoctors.com

SD Midweek: Big set-ups right now in gold & silver. The window of opportunity is closing fast. Here's why..Here's an inflation statistic that doesn't get observed that much, but it goes to show just how much everything costs way more than it did just a few years ago.We adopted a puppy from the shelter around Christmas 2011. The cost of adoption was $65. That included the shots, chip and sterilizat...Read More

EDITORIAL: Cameco suspends 40% of production in face of oversupply

November 22, 2017 / www.canadianminingjournal.com

Every mining subsector has its unofficial leader. It's that company - usually with the largest market capitalization - that has arguably the best combination of top mineral deposits, superb operations, savvy management, high-quality workers, technical excellence, welcoming jurisdictions, a stable balance sheet and steady cash flow.And that is what's particularly distressing about the revelation in...Read More

Why Rule of Law is the Most Important Product

November 22, 2017 / www.thedailybell.com

Every once in a while a technology comes along that upsets an entire industry.Digital cameras put Kodak out of business. The giant of the photography industry had the opportunity to adopt the technology early. But their profits depended on selling film more than selling cameras.And this is not a new phenomenon.When the printing press was invented in the 15th century, it revolutionized education fo...Read More

Why Rule of Law is the Most Important Product

November 22, 2017 / www.thedailybell.com

Every once in a while a technology comes along that upsets an entire industry.Digital cameras put Kodak out of business. The giant of the photography industry had the opportunity to adopt the technology early. But their profits depended on selling film more than selling cameras.And this is not a new phenomenon.When the printing press was invented in the 15th century, it revolutionized education fo...Read More

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