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Options Traders Bombard Housing Stocks After Republican Tax Plan

November 02, 2017 / www.schaeffersresearch.com

Housing stocks are spiraling today in reaction to the Republican tax plan. Specifically, the newly released proposal includes a provision to cap the mortgage interest rate deduction at $500,000 -- half the current limit. Among those taking it on the chin are the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB), while individual stocks Home Depot Inc (NYSE:HD) and To...Read More

Short Sellers Cheer Wayfair Stock Sell-Off

November 02, 2017 / www.schaeffersresearch.com

Wayfair Inc (NYSE:W) is down 19.9% today at $59.60, landing on the short-sale restricted list following this morning's larger-than-expected third-quarter loss. While the shares still sport a 12-month gain of 87%, short sellers -- including Citron Research -- have to be pleased with today's price action. Below, we'll take a closer look at W stock and its precarious place on the charts. But first, i...Read More

2 Stocks Reeling After Earnings

November 02, 2017 / www.schaeffersresearch.com

Stocks are trading mixed this afternoon, after the Republican tax plan proposal resulted in whipsaw price action. Electronic component producer KEMET Corporation (NYSE:KEM), optical components concern Oclaro Inc (NASDAQ:OCLR), and biotechnology company Riot Blockchain Inc (NASDAQ:RIOT) are making big moves. Here's a quick look at what's moving shares of KEM, OCLR, and RIOT.KEM Joins List of NYSE...Read More

What Trump's Next 3 Years Could Mean for Stocks

November 02, 2017 / www.schaeffersresearch.com

Next week will mark the one-year anniversary of the presidential election that stunned the nation. In the wake of Donald Trump's victory, which defied pre-election polls, the major stock market indexes have extended their quests for record highs. Below, we'll take a look at how the S&P 500 Index (SPX) tends to perform during the last three years of a presidential term, based on performance during...Read More

Disney, NVIDIA Join Retailers at the Earnings Plate

November 02, 2017 / www.schaeffersresearch.com

Following this week's onslaught of economic data -- and hints of a potential December rate hike from the Fed -- next week's docket looks relatively bare, with Friday's consumer sentiment data one of just a few reports on the list. However, there's plenty of action on the corporate earnings front to hold Wall Street's attention. Semiconductor stocks will continue to be in focus, with a handful of h...Read More

2 Bank Stocks Signaling Bigger Short-Term Gains

November 02, 2017 / www.schaeffersresearch.com

Bank stocks Morgan Stanley (NYSE:MS) and Credit Suisse Group AG (NYSE:CS) are in the spotlight this week, after the Fed hinted at a December rate hike in its latest policy statement. Additionally, President Trump is expected to tap Fed Governor Jerome Powell to replace Fed Chair Janet Yellen in this afternoon's Rose Garden ceremony. What's more, both stocks recently pulled back to key trendline...Read More

Republican Tax Plan Sends Stocks on Wild Ride

November 02, 2017 / www.schaeffersresearch.com

Stocks are mostly lower at the halfway point, with the release of the House's tax code proposal resulting in whipsaw price action. Specifically, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (COMP) all fell sharply following the unveiling of the Republican tax plan, but have since pared some of those losses. The plan calls for a permanent corporate tax rate of...Read More

The Online Retail Stock That Could Burn Options Bears

November 02, 2017 / www.schaeffersresearch.com

Shares of Chinese online retailer JD.com Inc (NASDAQ:JD) have surged on the charts this year, tacking on roughly 50%. Since touching an all-time high of $48.99 on Aug. 8, the e-commerce stock has gradually pulled back to its current perch at $38.26. Nevertheless, this retreat could signal a buying opportunity, as JD stock nears a key trendline with historically bullish implications.JD stock...Read More

Quick Turnaround Banks Cree Options Bulls a 200% Profit

November 02, 2017 / www.schaeffersresearch.com

Subscribers to Schaeffer's Weekly Options Countdown service just tripled their money in two short days on our Cree, Inc. (NASDAQ:CREE) weekly 11/3 31.50-strike call recommendation. Here's a closer look at what put CREE stock on our bullish radar, and how the options trade we recommended on Sunday, Oct. 29, unfolded.Despite reporting relatively lackluster third-quarter earnings in mid-October, CREE...Read More

The Drug Stock Getting Destroyed Today

November 02, 2017 / www.schaeffersresearch.com

U.S. stocks are trading mixed this morning, as traders await the unveiling of the House Republican tax bill and President Trump's Fed Chair pick. Among the stocks making moves this morning are athletic device company Fitbit Inc (NYSE:FIT), drug concern Teva Pharmaceutical Industries Ltd (NYSE:TEVA), and Chinese e-commerce company Alibaba Group Holding Ltd (NYSE:BABA). Here's a closer look at wha...Read More

good natured Products is Making Packaging Environmentally Friendly

November 02, 2017 / kincommunications.com

With the global shift towards sustainable living and environmentally friendly solutions, good natured Products Inc. (TSXV:GDNP) is poised for growth, writes Vasudha Sharma at Small Cap Power.Below is an excerpt and a link to the full article, which highlights the reason behind the recent rebrand, turning dirty plastic to green and the huge opportunity in a billion dollar market for good natured P...Read More

Tesla's Biggest-Ever Quarterly Loss; Plus, 2 Stocks Sinking on Weak Forecasts

November 02, 2017 / www.schaeffersresearch.com

Analysts are weighing in on electric carmaker Tesla Inc (NASDA:TSLA), cybersecurity stock FireEye Inc (NASDAQ:FEYE), and camera company GoPro Inc (NASDAQ:GPRO). Here's a quick roundup of today's bearish brokerage notes on TSLA, FEYE, and GPRO.Tesla Posts Biggest-Ever Quarterly LossTesla stock is down 6.1% to trade at $301.22 -- territory the shares haven't visited since April -- after the elect...Read More

3 Stocks Seeing Post-Earnings Bull Notes

November 02, 2017 / www.schaeffersresearch.com

Analysts are weighing in on Instagram owner Facebook Inc (NASDAQ:FB), drug stock Neurocrine Biosciences, Inc. (NASDAQ:NBIX), and burger chain Shake Shack Inc (NYSE:SHAK). Here's a quick roundup of today's bullish brokerage notes on shares of FB, NBIX, and SHAK.Facebook Stock Cools After Zuckerberg Warns on ProfitFacebook stock is edging lower before the open, despite the company's record-breakin...Read More

Stock Futures Sluggish As Tax Plan, Fed Chair Decision Take Center Stage

November 02, 2017 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJIA) futures are cautiously higher this morning, with central banks and the latest round of earnings in focus. In addition, the unveiling of the House Republican tax bill will be sure to pique traders' interest.President Trump is expected to formally announce a decision on Fed Chair, where it is widely suggested Fed Governor Jerome Powell will be the choice. Meanwhi...Read More

Cenovus posts smaller loss as production more than doubles

November 02, 2017 / www.mining.com

Cenovus Energy Inc's third-quarter adjusted profit beat Wall Street estimates on Thursday, as it benefited from the purchase of ConocoPhillips' Canadian oil-sands assets that more than doubled production.The Canadian oil and gas producer's total production jumped to 590,851 barrels of oil equivalent per day from 273,405 boed a year earlier.Cenovus paid $13.3-billion in March to buy ConocoPhillips'...Read More

Daniel Boulud Challenges Amateur Cook To Keep Up With Him | Back-to-Back Chef | Bon App?(C)tit

November 02, 2017 / www.youtube.com

French chef Daniel Boulud challenges amateur cook Jessica to keep up with him as they progress through Boulud's Tunisian brik pastry recipe in 15 minutes with their backs to each other. Without the benefit of visual aids, Jessica attempts to keep up with chef Boulud's hurried audio instructions (and accent). An updated version of Daniel Boulud's book "Letters to a Young Chef" came out on October 3...Read More

President Trump Taps Jerome Powell as Fed Chair: What You Need to Know

November 02, 2017 / www.energyandcapital.com

Yesterday we caught wind of yet another interesting government pick by President Trump.It won't be official until later today, but it looks like Jerome Powell will be named the next chairman of the Federal Reserve (assuming, of course, that he is confirmed by the Senate).Powell is currently acting as governor of the Fed, working under Janet Yellen.And before you start cheering at the idea of Yelle...Read More

Scientists Discover Lithium in Yellowstone's Supervolcano

November 02, 2017 / www.energyandcapital.com

All throughout history, people have associated volcanoes with Hell.Or at least they've associated volcanoes with what we'd call "Hell" today - a fiery place of punishment and torment in afterlife.In the 16th century, when the Spanish conquered modern-day Nicaragua, they first encountered the Masaya caldera. They looked inside the fiery pit and, staring down into the burning abyss, they nicknamed i...Read More

Bitcoin as an Investment - Doug Casey

November 02, 2017 / www.youtube.com

Nexus Embassy Conference 2017 at the Aspen Meadows Resort, home of the Aspen Institute. Doug Casey, the chairman of the Casey Institute talks about Bitcoin as an Investment.Doug Casey is best known as a speculator, economic commentator, and author of seven books. His first book, "The International Man", sold tens of thousands of copies around the world, and was the largest selling book in the hist...Read More

Roast of Doug Casey

November 02, 2017 / www.youtube.com

Subscribe to Cambridge House for updates!Panelists: Frank Giustra, Frank Holmes, Marin KatusaFrom the 2017 Vancouver Resource Investment ConferenceDoug Casey and Marin Katusa will be at the 2017 Silver & Gold Summit in San Francisco November 20th & 21st! See them live, register today at cambridgehouse.comJoin us at an upcoming event! http://www.cambridgehouse.comStay Connected!http://www.cambridge...Read More

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