FANG Stocks: Netflix Gains 2 Million Subscribers and Stock Rallies  

Wall Street weighed in on Netflix‘s blockbuster earnings and subscriber numbers. They were largely bullish, pushing the stock even higher in premarket trading Tuesday. Oppenheimer: “We are increasing our target to $370 from $285 after NFLX reported better 1Q results and provided 2Q guidance implying minimal slowdown in growth. In our view, multiple consecutive strong domestic net additions quarters are being driven by bundling and incremental marketing, likely resetting terminal penetration to high end of…

Read More

FANG Stocks: Netflix Gains 2 Million Subscribers and Stock Rallies  

Wall Street weighed in on Netflix‘s blockbuster earnings and subscriber numbers. They were largely bullish, pushing the stock even higher in premarket trading Tuesday. Oppenheimer: “We are increasing our target to $370 from $285 after NFLX reported better 1Q results and provided 2Q guidance implying minimal slowdown in growth. In our view, multiple consecutive strong domestic net additions quarters are being driven by bundling and incremental marketing, likely resetting terminal penetration to high end of…


Bank Stocks: Wells Fargo Races Record Sanctions of $1 Billion

Wells Fargo Bank (NYSE:WFC) is making financial news headlines once again, as the government is ready to crack-down on the industry giant.  The stock value plunged on the news, and we are now trading near the lows from September 17, 2017: Wells Fargo earnings reports have been positive, however, and the stock could now be a buy at the lows.  The stock comes with a dividend yield of 2.99%: Wells…


Stocks News

Citigroup: Stock Undeterred by a Hefty Tax Charge of $22 Billion

Citigroup: Stock Undeterred by a Hefty Tax Charge of $22 Billion As a global banking leader for more than 20 years, Citigroup, Inc. (NYSE: C) posted a net income (on an operating basis) of $15.8bn in 2017 with an EPS of $1.28, 12% higher from 2016. This was the first time since the financial crisis of 2008 where earnings are more than their expectations. The stock rallied to an all-time…

Read More



Energy Markets

Gold Prices: Precious Metals Rally to 5-Week Highs

The SPDR Gold Trust ETF is now trading at 5-week highs.  Stalling momentum in stock markets and the prospects of lower interest rates policies in the US suggest that precious metals could rally in the first half of 2018.  Generally speaking, there is a strong divergence between the activity that is seen in the stock markets and the precious metals markets so we will watch to see if this continues…

Read More





Long Ideas

Dividend Stocks: Prospect Capital Trading Near Lows

Dividend Stocks: Prospect Capital Trading Near Lows The Federal Reserve has set low interest rates for the US economy.  This makes dividend stocks especially attractive, and one of the most popular companies in this category is Prospect Capital Corp. (NASDAQ:PSEC).  Those with long positions in PSEC capture dividend yields of 10.5%, which is massive compared to most of the traded stocks in the market. In this chart, Prospect Capital has…

Read More



Forex

China’s Move to Overthrow the Dollar: Will It Be a Success?

China’s Move to Overthrow the Dollar: Will It Be a Success? China is known as one of the fastest-growing major economies worldwide. Despite this, its currency is barely used in the global market, placing it just next to pound, euro, and yen. This year, the long-held desire of China to overthrow its competitors will likely get a boost. At present, China is considered to be the largest importer of oil…

Read More