The Bulls Return: Brent Crude Could Hit $70, Says Morgan Stanley

With Brent Crude oil driving higher on Wednesday — up nearly $1 and trading at $67.59 in early afternoon New York trading – Morgan Stanley analysts Martijn Rats and Amy Sergeant point out that European refining margins have weakened recently. This is creating a negative correlation, where refining stocks head lower as the underlying product, Brent… Please follow and like us:

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Stock market up 25 percent in 2017. Gains to continue in 2018?

WASHINGTON, January 2, 2018: The value of the U.S. stock market as measured by the Dow Jones Industrial Average, has increased more than 25 percent in 2017. As 2018 begins, it looks very much like the bull market will continue, possibly posting a yearly gain possibly similar to that of the year just concluded. Although analysts… Please follow and like us:

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Netflix raises executive salaries, proving that ‘performance-based’ pay always was a sham

The big news Friday on the executive compensation front was that Netflix is converting some of its “performance-based” pay for its top executives to straight salaries, thanks to the recently-passed tax bill. But people may be taking the wrong lesson from the change. On the surface, it looks like the five executives covered by the change… Please follow and like us:

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How Exchange Rules Can Ease Turbulent Markets

Most Mondays we all just want to ease into the week, uneventfully. But on one particular Monday, a large overnight selloff in the Chinese equity market had many market observers anticipating a less than smooth start to Aug. 24, 2015. Shortly after the opening bell, the Dow Jones Industrial Average Index tumbled 6% and the S&P… Please follow and like us:

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The SEC Nabs Day Trader In Brokerage Account Scheme

The Securities and Exchange Commission today charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock prices of various companies. The SEC alleges that Joseph P. Willner generated at least $700,000 in… Please follow and like us:

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J.C. Penney, having slashed prices on slow-moving merchandise, warns of poor results

DALLAS — J.C. Penney cut its outlook for full-year results on Friday saying it accelerated markdowns in the third quarter ended in October to move out slow-moving apparel, primarily in women’s, its largest department. The company said it now expects 2017 comparable store sales to be flat or down 1 percent versus its most recent guidance… Please follow and like us:

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Bull market is here for the longer term

Stock prices may be hitting new records, but this is no time to sell. In recent decades, the U.S. economy and corporate sectors have undergone wrenching changes – Big Tech and energy, not the Big Three and finance, now drive progress – but America has emerged stronger and on the cusp of a new prosperity. For… Please follow and like us:

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Stock Buybacks Trending Lower, Except Among Financials

The latest US Federal Reserve data confirms a decided 2017 trend: Stock buybacks are generally trending down. The latest data from the Fed confirms several data points, including that from TrimTabs and Yardeni research. But there appears to be one dissenter to the trend: financial stocks. Get The Timeless Reading eBook in PDF Get the entire… Please follow and like us:

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Lithium Americas Stock Breaks Out, Implying Higher Stock Prices

LACDF Stock: Inverse Head and Shoulders Lithium Americas Stock The lithium sector is catching a bid, and with all due respect, the reasoning is quite sound. Centralized governments are starting to move away from combustion engines by banning the sale and production of these vehicles by a set mandate. It started in Europe, and now China… Please follow and like us:

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Is This What the Next Bear Market Looks Like?

By Daniel Nevins, CFA, Nevins Research, author of Economics for Independent Thinkers Even as the Fed’s decision makers are beginning to worry less about recession and more about bubbly stock prices, we’re not yet moved by their attempts to curb the market’s enthusiasm. After all, the fed funds rate sits barely above 1%, which not too… Please follow and like us:

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Interview: How North Korea Tensions Impact Stock Markets

Rising tensions between the United States and North Korea brought a wave of falling stock prices recently as worried investors moved money out of equities and into the perceived safety of gold, Swiss currency and similar products. At one point, this change of investment strategy cut $1 trillion from the value of global stock markets. For… Please follow and like us:

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Bogus Fed research claim: “Gold Standard didn’t really tame inflation”

By Mike “Mish” Shedlock The Wall Street Journal reports Gold Standard Didn’t Really Tame Inflation, New Research Says. The research was by St. Louis Fed economist Fernando Martin. Curiously, his study precisely shows that the gold standard did indeed tame inflation. Let’s investigate Martin’s bogus claim and his peculiar logic in making it. In his email… Please follow and like us:

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The real reason the Russian narrative persists

How much are tech stocks worth? For a brief time on July 3, they were all worth $123.47. It happened during after-hours trading, and it happened because that’s what the Nasdaq trading platform said they were worth. Nasdaq’s explanation is that third parties improperly sent test data to their system. That only raises more questions. We’re… Please follow and like us:

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Small-cap firms tap staff to boost shares

SHANGHAI – Some small-cap companies in China are trying to boost their low stock prices by requesting their employees to buy shares. Already battered by the recent slump in mainland equities, such cash-strapped companies are even promising that executives, usually the chairman, will protect in-house investors from any potential losses. At least 23 companies have offered… Please follow and like us:

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Marijuana Stocks Are Sky High

This article originally appeared on the Motley Fool. The marijuana industry is the hottest thing since sliced bread, and marijuana stocks are thriving as a result. Here’s a quick rundown of how some of the industry’s largest players’ stock prices have performed over the trailing 12 months: GW Pharmaceuticals: up 35% Canopy Growth Corp.: up 248%… Please follow and like us:

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