Passport to Wall Street http://www.pws.io/ pl-PL Copyright 2017, Passport to Wall Street 60 Markets start strong on holiday shortened week. http://www.pws.io/markets-start-strong-on-holiday-shortened-week <p class='black-text'>The markets were higher today on a calm day of trade. The <b>Dow 30</b> was higher by 72, the <b>S&P 500</b> gained 3 and the <b>Nasdaq 100</b> bounced 7. As the holiday week continues investors will be noticing lower volume. Though there are still some earnings announcements to focus in on, trading is historically slow. Tomorrow's only scheduled news is existing home sales which can sometimes be a market mover.</p><p class='black-text'><b>Urban Outfitters</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/URBN"><span style="color:#333">(</span><span style=";">URBN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="URBN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="URBN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="URBN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is the latest retailer that will report their earnings after the market closes today. Analysts are expecting the retailer to report adjusted earnings per share of 33 cents on revenue of $860.55 million. The company has made big efforts to grow their women's apparel business so analysts will be looking to see better results because of that. Urban Outfitters shares have had a tough year but since setting a low in August, shares have rallied over 60%. Another 3% gain would put Urban Outfitters positive on the year.</p><p class='black-text'><b>Walmart</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WMT"><span style="color:#333">(</span><span style=";">WMT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WMT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WMT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WMT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was downgraded by Goldman Sachs today to Neutral from Buy. They also lowered their price target to $100 a share. In a note to clients, Goldman analyst Matthew Fassler stated that he is concerned about the stock's current valuation given the recent run up. Shares of Walmart have jumped nearly 40% since the start of the year. Shares of the stock have rocketed higher by 20% in just the last few weeks.</p><p class='black-text'><b>Qualcomm </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/QCOM"><span style="color:#333">(</span><span style=";">QCOM</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="QCOM" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="QCOM" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="QCOM" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares remain near highs as a report by Reuters came out today that the company is getting close to their buyout of NXP Semiconductors. The $38 billion deal is also reportedly set to gain Europe's approval by the end of the year. Qualcomm's shares have held on to their 30% gain since reporting earnings back in October. Investors continue to see plenty of opportunity here which as left shares holding at highs for the last few weeks.</p> http://www.pws.io/markets-start-strong-on-holiday-shortened-week Mon, 20 Nov 2017 10:23:45 -0500 Dustin Tibbitts IPO markets quiet for Thanksgiving week. http://www.pws.io/ipo-markets-quiet-for-thanksgiving-week <p class='black-text'>The holiday week will show a brief pause in companies looking to go public. This is common though there are still many names that will rush to launch before the year end. Last week was another billion dollar week for IPO's as nine names successfully launched.</p><p class='black-text'>Going forwards there are many names that have filed to launch but will not attempt to gain IPO attention over the holiday week. Coming up after the break we have another REIT, <b>Americold</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/COLD"><span style="color:#333">(</span><span style=";">COLD</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="COLD" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="COLD" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="COLD" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> which will be looking for $500 million, along with<b> LexinFintech</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/LX"><span style="color:#333">(</span><span style=";">LX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="LX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="LX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="LX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> which has filed to raise the same amount.</p><p class='black-text'>Other names include <b>Hudson</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/HUD"><span style="color:#333">(</span><span style=";">HUD</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="HUD" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="HUD" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="HUD" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>, a travel retailer which will be looking for $400 million in the coming weeks. <b>Camposol Holding</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/CMPO"><span style="color:#333">(</span><span style=";">CMPO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="CMPO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="CMPO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="CMPO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> a global food producer has filed that they will be looking for $345 million.</p><p class='black-text'>There are also names in the biotech space, a financial firm that may be raising as much as $3 billion, and a broadband cable provider. Of Course it wouldn't be a growing IPO market without a blank check company in there so <b>GigCapital </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/GIG"><span style="color:#333">(</span><span style=";">GIG</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="GIG" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="GIG" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="GIG" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will look for $150 million after the break as well.</p> http://www.pws.io/ipo-markets-quiet-for-thanksgiving-week Mon, 20 Nov 2017 04:08:20 -0500 Dustin Tibbitts Reddit Contemplates IPO http://www.pws.io/reddit-contemplates-ipo <p class='black-text'>Reddit, the social news and media aggregator site and self-proclaimed "front page of the internet," is flirting with having an IPO.</p><p class='black-text'>This represents a shift from just a few months ago, when Reddit CEO Steve Huffman was <a href="https://www.usatoday.com/story/tech/2017/07/31/reddit-raises-200-million-valued-1-8-billion/525965001/">quoted</a> as saying, "There are a lot of paths to liquidity...The one that we're on often ends in an IPO. But we don't have plans for that in the future that we can see."</p><p class='black-text'>The precise timeline of the IPO is not yet clear, but Reddit CEO Steve Huffman <a href="https://www.axios.com/reddit-ceo-sets-sights-on-ipo-2509170177.html%20">said</a> during his keynote discussion at the Internet Association Virtuous Circle Summit in San Francisco that he expects it will happen before 2020. Huffman believes that an IPO is "inevitable," and is simply the right thing to do for Reddit and its investors.</p><p class='black-text'>Huffman co-founded Reddit in 2005 with his college friend Alexis Ohanian. Conde Nast purchased Reddit in 2006 for a reported $20 million, making the then 23-year-old Huffman and Ohanian both very wealthy. In 2011, Reddit became a direct subsidiary of Advance Publication, Conde Nast's parent company. Reddit has operated independently since then.</p><p class='black-text'>Reddit has been doing well of late. According to Huffman, ad revenue from the site has quintupled over the last few years, selling both managed and self-serve ads. Reddit also recently began to test out other advertisement formats such as video, and to experiment with an ad-free premium subscription service.</p><p class='black-text'>Reddit also <a href="https://techcrunch.com/2017/07/31/reddit-just-raised-a-new-round-that-values-the-company-at-1-8-billion/">raised</a> $200 million in a round of venture funding this past summer, reaching a valuation of $1.8 billion, and officially earning "<a href="https://pitchbook.com/news/articles/unicorn-class-of-2017-25-startups-and-counting">unicorn</a>" status - a designation so named for the statistical improbability of such successful ventures. This represents a huge increase from its last valuation in 2014 at $50 million. Reddit plans to use these funds to overhaul its dated homepage design, hire more employees, and create resources for user video sharing.</p><p class='black-text'>And Reddit's user base has only continued to grow. Reddit is now the <a href="https://www.alexa.com/siteinfo/reddit.com">8th-most popular</a> site globally, with an estimated 542 million monthly visitors.</p><p class='black-text'>All of this suggests that any IPO by Reddit could generate massive interest and perhaps be extraordinarily successful.</p><p class='black-text'>But Reddit has also faced challenges, too.</p><p class='black-text'>Reddit functions something like a message board. Users have discussions that take place within thematically grouped communities known as subreddits. Some of these subreddits are focused on controversial, offensive, or even illegal subjects. Some have criticized Reddit for hosting such groups, but efforts to ban or otherwise curtail such communities have also encountered backlash from either the banned communities themselves or free speech advocates. Huffman has considered having a formal hate speech policy, but has decided against it, fearing that it simply fosters resentment and turns "people into martyrs."</p><p class='black-text'>Reddit has also experience turbulence in leadership in the past few years. CEO Yishan Wong left in 2014 over a disagreement with Reddit's board. More famously, CEO Ellen Pao had a stormy 8-month tenure that <a href="https://www.wired.com/2015/07/reddit-ceo-ellen-pao-steps-down-huffman-replacement/">ended</a> with her resignation in 2015 in the face of user outrage over perceived flaws in her leadership. Huffman returned to the company as CEO after her departure, and things seem to have settled down for now, but turbulence may continue to pose problems for Reddit moving forward.</p> http://www.pws.io/reddit-contemplates-ipo Fri, 17 Nov 2017 16:13:04 -0500 Ariel Courage Markets quietly lower on the day on tax reform. http://www.pws.io/markets-quietly-lower-on-the-day-on-tax-reform <p class='black-text'>The markets sold off a little today after yesterday's big move. Tax reform concerns were blamed for the weakness which sent the <b>Dow 30</b> lower by 100, the <b>S&P 500</b> off 6, and the <b>Nasdaq 100 </b>sold off 10. Next week prior to the Thanksgiving break traders will get a look at remaining earnings, and existing home sales though scheduled news is typically very light for the holiday.</p><p class='black-text'><b>Tesla</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TSLA"><span style="color:#333">(</span><span style=";">TSLA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TSLA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TSLA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TSLA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was one of the big focus stocks today as the CEO finally unveiled its Semi truck with huge fanfare. The truck is stated to have 400 miles of range with only 30 minutes of charging. Another interesting note was that it says it can do 0-60 miles per hour in only 5 seconds, or 20 seconds while pulling 80,000 pounds of cargo. Production is scheduled for 2019, but analysts were quick to note that nowhere in the announcement or unveiling was the actual price of this new truck. Reservations for the truck can be made for $5000 but no final cost was announced. Major transportation company J.B. Hunt <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/JBHT"><span style="color:#333">(</span><span style=";">JBHT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="JBHT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="JBHT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="JBHT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> announced that it has reserved multiple semis and will be testing them on the West Coast. Wal-Mart <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WMT"><span style="color:#333">(</span><span style=";">WMT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WMT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WMT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WMT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> also plans to test the new truck as well. Shares shot higher on the news but finished the day only up 0.82%.</p><p class='black-text'><b>Nike</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/NKE"><span style="color:#333">(</span><span style=";">NKE</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="NKE" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="NKE" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="NKE" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was higher today by 3.42% as they announced a new partnership with <b>Foot Locker </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/FL"><span style="color:#333">(</span><span style=";">FL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="FL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="FL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="FL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. The marketing partnership will allow Nike to offer a pop up store with special selections offered. The stock has been higher since making a low back in October and is approaching prior highs, which technical traders will be watching closely. Foot Locker shares also benefited greatly from the announcement with a 28.23% gain on the day.</p><p class='black-text'><b>Ross </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/ROST"><span style="color:#333">(</span><span style=";">ROST</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="ROST" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="ROST" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="ROST" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares popped 9.99% today after announcing earnings that beat the streets expectations. Both earnings and revenue came in above projections and the company announced that it would be raising guidance for the current quarter. The retailer had been trending higher since the last earnings report and today's move sends shares to new highs on the year.</p> http://www.pws.io/markets-quietly-lower-on-the-day-on-tax-reform Fri, 17 Nov 2017 16:07:15 -0500 Dustin Tibbitts Wal-Mart proves they can compete with Amazon. http://www.pws.io/wal-mart-proves-they-can-compete-with-amazon <p class='black-text'>It seems like just a few years ago that everyone was quite concerned with <b>Wal-Mart </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WMT"><span style="color:#333">(</span><span style=";">WMT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WMT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WMT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WMT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. Not that their concerns were not justified, but many thought that they would suffer at the hands of their biggest rival <b>Amazon</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMZN"><span style="color:#333">(</span><span style=";">AMZN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMZN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMZN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMZN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. Now there is no arguing that Amazon is a dominant force and Wal-Mart has a worthy adversary, their recent earnings results show that they are not too big to compete quickly. If Amazon wanted to compete, Wal-Mart was not going to go down without a fight.</p><p class='black-text'>Wal-mart reported earnings Thursday that beat analysts expectations which caused shares to spike a whopping 11%. The company also stated that they would be guiding higher going forward due to strong in store sales. See the company has been making moves to get customers back in their stores. Just this week it was uncovered that they were testing the idea of raising prices online on certain staple items. The hopes was that the consumer would come to the store for the lower price.</p><p class='black-text'>Even though they made adjustments to their online platform it still out performed which investors loved. Their online sales jumped 50% which, to be fair was driven in part by acquisitions, but don't discount them for that. The company has added tons of products on it's site and the earnings report is a good look at how loyal their customers have been. When everyone thinks that Amazon is the only game in town, Wal-Mart has the numbers that say otherwise.</p><p class='black-text'>From a technical perspective you can't ask for much better if you are a bull. Shares have steadily moved higher and every pullback has been short lived. Thursday's move was the largest of the year and in the short term, technical traders will be a bit concerned with price extension, but with fundamentals that show they can compete with even the fiercest rival, the grass looks pretty green for now.</p> http://www.pws.io/wal-mart-proves-they-can-compete-with-amazon Fri, 17 Nov 2017 03:42:13 -0500 Dustin Tibbitts Markets blast off on earnings news. http://www.pws.io/markets-blast-off-on-earnings-news <p class='black-text'>The markets enjoyed a very strong day today as earnings reports from a few large names helped stop the weakness seen earlier in the week. The <b>Dow 30</b> added an impressive 187, the <b>S&P 500</b> gained 21, and the <b>Nasdaq 100</b> popped 87, hitting another all time high. House republicans were also able to get their tax bill passed though it didn't have much effect on the market overall. Tomorrow investors will get a look at building permits and housing starts first thing in the morning.</p><p class='black-text'><b>Walmart </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WMT"><span style="color:#333">(</span><span style=";">WMT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WMT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WMT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WMT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> blasted off to new highs today, adding 10.90% in the process. The move came as the retailer beat analysts expectations on earnings and revenue. Same store sales as also a big focus as those came in more than expected as well. Announcement that the company would also be raising its full year forecast further fueled the impressive rally today. Shares are now higher on the year by an impressive 50%.</p><p class='black-text'><b>Time Inc.</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TIME"><span style="color:#333">(</span><span style=";">TIME</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TIME" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TIME" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TIME" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares saw an impressive 28.06% gain on the day as reports came out saying that Meredit working on a partnership with the Koch brothers in a bid to take over the media company. Shares have been higher in recent days in anticipation of the announcement. Since hitting a low just a few days ago the stock is higher by 60%.</p><p class='black-text'><b>Cisco </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/CSCO"><span style="color:#333">(</span><span style=";">CSCO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="CSCO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="CSCO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="CSCO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares blasted off 5.19% today, hitting a new, sixteen year high as the computer networking company announced earnings that beat the streets expectations. The company also raised guidance for 2018 as well. It would seem that the company's turnaround efforts are starting to take hold, and investors continue to cheer the move. The stock is now higher by over 20% on the year.</p><p class='black-text'><b>NetApp</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/NTAP"><span style="color:#333">(</span><span style=";">NTAP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="NTAP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="NTAP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="NTAP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> also enjoyed a solid day today, gaining 15.91%. The company beat expectations on earnings, driven by stronger revenues and margins. Shares moved to a new record high today and are now higher by over 50% this year. Most of that coming in the last few months.</p> http://www.pws.io/markets-blast-off-on-earnings-news Thu, 16 Nov 2017 10:10:35 -0500 Dustin Tibbitts iPhone X: Worth the Price? http://www.pws.io/iphone-x-worth-the-price <p class='black-text'>With the iPhone X, Apple <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AAPL"><span style="color:#333">(</span><span style=";">AAPL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AAPL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AAPL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AAPL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is attempting to simultaneously pay tribute to the success of its earlier models while steering the potential of the smartphone in a new direction. The iPhone X has lost a number of the now-traditional iPhone elements such as the home button, a port for headphone jacks, and the Tough ID fingerprint scanner. In place of a Touch ID, the new device grants access using facial recognition. Charging can now be done wirelessly. It is also slightly larger and heavier than its predecessors, and is therefore no longer a one-handed device for all consumers. Apple has gone so far as to call its new product the <a href="http://www.techradar.com/reviews/iphone-x-review">"future of the smartphone."</a></p><div class="image-holder"><img id="4897" alt="" src="//images4.paszport.ws/cached_images/4da39308ae1e878595df20b86a3cfe31.jpg" /> <div class="copyright-holder">&copy; Apple / www.apple.com/newsroom</div> </div><p class='black-text'>But how does the phone stand up to customer review? Is it worth the $999 (or $1,149, if one opts for the 256GB model over the 64GB) price tag? So far, consumers appear to be impressed by the phone's new functions, even if some mourn the loss of some of the line's tried-and-true features. One of the most commented-upon aspects of the iPhone X is its speed. One customer reviewer has stated, <a href="https://kottke.org/17/11/some-early-thoughts-on-iphone-x">"Everything on this phone happens instantly...or somehow faster than instantly. It would be fun to use the first iPhone...just to compare how blazing this really is." </a>The camera is likewise praised, especially for its mush-advertised portrait mode, which can generate photos and videos (recorded in 4K and in slow motion at up to 240 frames per second) that resemble those taken using more professional tech. The 5.8 inch OLED display has also inspired rave reviews: it is, according to TechRadar, <a href="http://www.techradar.com/reviews/iphone-x-review">"quite simply, by far the best thing Apple has ever crammed into an iPhone. It's leaps ahead of the iPhone 8 and 8 Plus for so many reasons: the sharpness, the quality, the fact that it fills the whole front of the phone, and the color reproduction."</a></p><div class="image-holder"><img id="4898" alt="" src="//images.paszport.ws/cached_images/c45feba36822bf272230609f3141942b.jpg" /> <div class="copyright-holder">&copy; Apple / www.apple.com/newsroom</div> </div><p class='black-text'>However, while few dispute the fact that the iPhone X is aesthetically pleasing, some are opting to call it a <a href="https://qz.com/1121578/apple-iphone-x-review-the-future-can-wait/">beautiful mess</a>. Facial recognition, while intriguing in theory, can be quite annoying in practice. Individuals that change the way their hair falls over their face have reported having problems with the feature. It additionally will not recognize users' faces if they are at an angle (for instance, looking over the phone when the phone is resting on a surface). The iPhone X also comes with a glass panel on its back, which lends the device an elegant look at the expense of potentially expensive repairs-<a href="https://qz.com/1121578/apple-iphone-x-review-the-future-can-wait/">the panel, if cracked, costs $549 to replace</a>. Yet despite these complaints, iPhone users have overall given the device a positive review. "After a week with the phone, I've grown to like it, flaws and all,"<a href="https://qz.com/1121578/apple-iphone-x-review-the-future-can-wait/"> writes Mike Murphy of Quartz Media.</a> "I assume I'll eventually get used to all the user interface changes that Apple made somewhat arbitrarily, and I'll learn how to perfectly place the phone on wireless charging pads so it actually charges, and I'll remember to move my hand away from my face every time I want to unlock it." For those consumers accustomed to an iPhone, the iPhone X is an agreeable step forward.</p> http://www.pws.io/iphone-x-worth-the-price Wed, 15 Nov 2017 22:59:41 -0500 Julia Chesler Market shows more signs of weakness. http://www.pws.io/market-shows-more-signs-of-weakness <p class='black-text'>The markets showed some weakness today which it seemed to be hinting at earlier in the week. The <b>Dow 30 </b>was lower by 135, the <b>S&P 500</b> lost 14, and the <b>Nasdaq 100</b> sold off 31. Tomorrow investors will continue to digest news from Washington along with scheduled economic numbers on unemployment and manufacturing.</p><p class='black-text'><b>Target</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TGT"><span style="color:#333">(</span><span style=";">TGT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TGT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TGT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TGT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was one of the big focus stocks today as shares tumbled 9.87% on the day. The company announced their earnings which came in above expectations. They even beat expectations on revenue and same-store sales, but going forward the company warned of that they may come in below Street estimates. Analysts also put a focus on gross margins which came in weak. Shares have been at the lower end of their yearly range, still showing a loss of around 25% for 2017.</p><p class='black-text'><b>Square</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SQ"><span style="color:#333">(</span><span style=";">SQ</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SQ" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SQ" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SQ" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> pushed to new highs again today, continuing on its massive rally. The stock was higher today by 2.32% after reports surfaced that the mobile payments company is testing support for Bitcoin through its cash payments app.Being first to market could be a huge advantage for Square and investors seem to realize this. The stock is higher on the year by a whopping 200% on the year.</p><p class='black-text'><b>Dick's Sporting Goods</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/DKS"><span style="color:#333">(</span><span style=";">DKS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="DKS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="DKS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="DKS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> completely reversed yesterdays decline today, popping 5.00%. The move came after JPMorgan upgraded the stock to overweight. The note from the analyst cited expectations for the retailer to be a long-term survivor in the sporting goods sector and forecast decreased promotional pressure on inventories next year. Shares are still trading in near their lows of the year.</p> http://www.pws.io/market-shows-more-signs-of-weakness Wed, 15 Nov 2017 10:07:16 -0500 Dustin Tibbitts ETF's show some weakness at highs. http://www.pws.io/etfs-show-some-weakness-at-highs <p class='black-text'>The markets have had a shaky start to the week but have held up well. The <b>S&P 500</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SPY"><span style="color:#333">(</span><span style=";">SPY</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SPY" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SPY" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SPY" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> finds itself just off highs but with some short term weakness. Though it is still higher for the week the first few days of trade have seen more selling pressure than in weeks past. For the year the SPY is still in a comfortable uptrend with only minimal selling pressure.</p><p class='black-text'>The <b>Nasdaq 100</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/QQQ"><span style="color:#333">(</span><span style=";">QQQ</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="QQQ" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="QQQ" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="QQQ" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> continues it's strength as well but has also seen some weakness this week. Hovering just off the highs the QQQ is still undoubtedly strong but concerns over tax reform has caused a slight increase in volatility that hasn't been seen recently</p><p class='black-text'>The <b>Euro</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/FXE"><span style="color:#333">(</span><span style=";">FXE</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="FXE" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="FXE" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="FXE" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> popped 1.07% on Tuesday which is an above average move for the currency. Leading up to the pop Tuesday the Euro was trending higher and in the short term the bears will have to weigh their risk to reward.</p><p class='black-text'><b>Oil</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/USO"><span style="color:#333">(</span><span style=";">USO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="USO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="USO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="USO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> continues it's pullback this week with a loss of 2.20% on Tuesday. Though the decline was aggressive, investors are content to wait it out given the recent rally. Since marking a low in mid-June the USO has enjoyed a steady 28% gain. For now the trend remains higher and the bulls in control.</p><p class='black-text'>The slide continues in the <b>metals and mining </b>space <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/XME"><span style="color:#333">(</span><span style=";">XME</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="XME" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="XME" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="XME" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> with another 2% drop so far this week. Since hitting a temporary high back in October the pressure has been consistent to the downside and the selling volume remains consistent.</p><p class='black-text'>Finally, investors continue to rotate into <b>consumer staples</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/XLP"><span style="color:#333">(</span><span style=";">XLP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="XLP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="XLP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="XLP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. Following an impressive bounce last week, the XLP continues it's run this week. Trading positive each day so far the XLP now finds itself at the 200 day moving average where technical traders will have to place their bets on the next move.</p> http://www.pws.io/etfs-show-some-weakness-at-highs Wed, 15 Nov 2017 03:54:28 -0500 Dustin Tibbitts Markets try to test the bulls once again. http://www.pws.io/markets-try-to-test-the-bulls-once-again <p class='black-text'>The markets were lower today and failed to rally off their lows like yesterday. The <b>Dow 30</b> was lower by 30, the <b>S&P 500</b> lost 5, and the <b>Nasdaq 100</b> was off by 19. Tomorrow is full of potentially market moving news including retail sales, and crude oil inventories.</p><p class='black-text'><b>TJX Companies </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TJX"><span style="color:#333">(</span><span style=";">TJX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TJX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TJX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TJX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was one of the focus stocks today as earnings results cause a decline of 4.04%. The move today briefly touched new lows for the stock as investors responded to flat same store sales. Analysts had predicted an increase in same store sales but the retailer disappointed. Guidance was also lower than expected which assisted in the higher volume day. The stock is now lower by 10% on the year.</p><p class='black-text'><b>Dick's Sporting Goods</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/DKS"><span style="color:#333">(</span><span style=";">DKS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="DKS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="DKS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="DKS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was another retailer to get hit today. Shares fell 2.77% on the day despite an earnings report that showed sales and profits better than the streets expectations. The selloff comes as the retailer said that 2018 earnings could drop as much as 20%. Shares continue to hover near lows and are down over 50% on the year.</p><p class='black-text'><b>Home Depot </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/HD"><span style="color:#333">(</span><span style=";">HD</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="HD" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="HD" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="HD" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> bucked the retail trend today as shares were higher on the day by 1.64%. The stock nearly hit new highs as they reported a beat on earnings and same-store sales. Many had predicted this due to hurricane spending. This was part of the reason the home improvement retailer raised its full-year guidance. Shares are higher by 25% on the year and remain near highs.</p> http://www.pws.io/markets-try-to-test-the-bulls-once-again Tue, 14 Nov 2017 10:47:07 -0500 Dustin Tibbitts Thanksgiving market volatility expectations. http://www.pws.io/thanksgiving-market-volatility-expectations <p class='black-text'>Well we are approaching the thanksgiving holiday in the states which really begins the holiday season. From Thanksgiving on to the end of the year consumers begin to ramp up their holiday spending in anticipation for Christmas. As for Thanksgiving, it can be a time of travel, and time away from the markets. So what should you expect as the holiday approaches?</p><p class='black-text'>Thanksgiving is on a Thursday and the markets are closed on this day. The Friday after the markets will only be open for a half day. Leading up to Thanksgiving Thursday many will be travelling to be with their family (myself included) and this means that many traders, investors, hedge funds, and others will not be trading. This causes extremely low volume in the markets which, these days are mostly the computers making adjustments.</p><p class='black-text'>Now historically the weeks before the Thanksgiving break tend to provide average volume. There were only a few years during the financial crisis where volume was above average going into the holiday. Given that most feel the economy is strong and growing many expect the volume to remain consistent into the holiday week.</p><p class='black-text'>The week of Thanksgiving you can expect very low volume after the open on Monday and it will likely remain this way throughout the week. Long term investors, short term traders should not have to take much action and it's highly suggested that new trades wait until after the holiday. Day traders have the toughest time as there will only be a few opportunities each day before the "action" dries up.</p><p class='black-text'>Now the Monday after the holiday is the first glimpse into the success or failure of the Black Friday shopping day. This will be the first time retailers will report how well they did on the Friday following Thanksgiving. Add to this that many are back to work and trading again and you have a recipe for fun.</p> http://www.pws.io/thanksgiving-market-volatility-expectations Tue, 14 Nov 2017 06:44:00 -0500 Dustin Tibbitts Markets higher on tax reform hopes. http://www.pws.io/markets-higher-on-tax-reform-hopes <p class='black-text'>The markets started the week with a strong day despite a major decline from a Dow 30 component. The <b>Dow 30</b> added 20, the <b>S&P 500</b> gained 2, and the <b>Nasdaq 100</b> was higher by 6 on the day. Tax reform continues to be a major focus as consensus is split 50/50 on weather or not a deal can be done. Tomorrow traders will get a look at production prices which can be a market mover.</p><p class='black-text'><b>General Electric</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/GE"><span style="color:#333">(</span><span style=";">GE</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="GE" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="GE" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="GE" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was one of the main focus stocks today as shares broke down to new lows today, losing 7.17%. The move came on an announcement from the company that they would be slashing it's dividend by 50% in attempt to try and turnaround some of it's businesses. The CEO, John Flannery announced his plans on how the company would move forward, which included reducing the size of its board of directors from 18 to 12 members next year. Shares had their worst day of the year on the news and is now lower by over 40% for 2017.</p><p class='black-text'><b>Walmart </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WMT"><span style="color:#333">(</span><span style=";">WMT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WMT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WMT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WMT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares made new highs again today as the company was seen raising prices of some of its online products in what was speculated as an attempt to get more traffic back to their stores. The retail giant continues to tweak it's strategy in an effort to compete with it's main rival Amazon <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMZN"><span style="color:#333">(</span><span style=";">AMZN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMZN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMZN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMZN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. Shares are higher by 33% on the year and investors will now focus their attention to earnings which are scheduled for later in the week.</p><p class='black-text'><b>Hasbro </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/HAS"><span style="color:#333">(</span><span style=";">HAS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="HAS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="HAS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="HAS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was the latest name to join the M&A front as the Wall Street Journal reported that they made an offer to buy <b>Mattel</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/MAT"><span style="color:#333">(</span><span style=";">MAT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="MAT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="MAT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="MAT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. This deal could officially merge the U.S.'s largest toy makers, but terms of the deal have not yet been disclosed. Both stocks traded higher on the news. Mattel shares surged 20.66% on the news, and Hasbro added 5.89%.</p> http://www.pws.io/markets-higher-on-tax-reform-hopes Mon, 13 Nov 2017 10:22:12 -0500 Dustin Tibbitts When your stock gets downgraded. http://www.pws.io/when-your-stock-gets-downgraded <p class='black-text'>When you build a portfolio that includes stocks it's very likely that you will encounter a move higher or lower that you just didn't expect. Sometimes it happens because Wall Street analysts upgrade or downgrade a stock for various reasons. Now, when a stock is upgraded most investors don't really pay much attention and just enjoy the ride, but when a stock is downgraded that's when people usually get upset. If you are an investor in a stock and it gets downgraded should you be worried?</p><p class='black-text'>Analysts on Wall Street focus in on particular sectors and sometimes all the way down to individual stocks. They analyze every aspect of the industry and the companies inside of it. They meet with these companies and get a chance to ask questions ahead of the rest of the world and from there they form an estimate of how the company will do going forward. They do this by estimating earnings per share, sales per store, and other metrics that are relative to that industry. Once they formulate their opinion they issue a rating on the stock. Buy, hold, outperform, etc. Now when one analyst downgrades a stock it usually means that they have lowered their expectations for the stock and have a new price target in mind. If only one is downgrading then it's not always a big deal. If others have already lowered and now another is joining them this can be a problem.</p><p class='black-text'>First ask yourself why you invested in the stock. If you are investing in <b>Snap</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SNAP"><span style="color:#333">(</span><span style=";">SNAP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SNAP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SNAP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SNAP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> as of this writing, the stock has been downgraded by every analyst. The reason you are investing in this particular stock must be because you expect a turnaround. If every analyst has looked at the company and sees no current potential then you must just be along for the ride. In this case you will likely not take any action.</p><p class='black-text'>But what about a stock like <b>JC Penny's</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/JCP"><span style="color:#333">(</span><span style=";">JCP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="JCP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="JCP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="JCP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> on November 10th, 2017 they enjoyed a nice rally even though analysts downgraded the name. Does this mean the analyst was wrong or is there problems ahead? Does the analyst see something we don't and the stock will fall soon? Again, why are you investing in this name? Many think that the retail sector is oversold and the holidays will bring a much needed rally.</p><p class='black-text'>The bottom line is that analysts are highly trained and do get a clear look at particular companies but unless you are following analyst recommendations then you have your own reasons for your position. Unless that changes then stick to your guns.</p> http://www.pws.io/when-your-stock-gets-downgraded Mon, 13 Nov 2017 03:46:42 -0500 Dustin Tibbitts More names pile into the IPO pipeline. http://www.pws.io/more-names-pile-into-the-ipo-pipeline <p class='black-text'>It's another busy week for IPO's as companies rush to launch prior to year end. There are also a few names that are still trying to launch that are also on the block as well. Names like <b>Workspace Property Trust </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WSPT"><span style="color:#333">(</span><span style=";">WSPT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WSPT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WSPT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WSPT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>, <b>MPM Holdings</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/MPMH"><span style="color:#333">(</span><span style=";">MPMH</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="MPMH" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="MPMH" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="MPMH" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>, <b>LivexLive Media </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/LXL"><span style="color:#333">(</span><span style=";">LXL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="LXL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="LXL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="LXL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>, and <b>AMERI Holdings</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMRH"><span style="color:#333">(</span><span style=";">AMRH</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMRH" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMRH" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMRH" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will try again this week to get their deals done.</p><p class='black-text'>The largest offering of the week is <b>Canuelas Mill</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/MOLC"><span style="color:#333">(</span><span style=";">MOLC</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="MOLC" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="MOLC" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="MOLC" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> which is a leading food company in Aregentina. They control some of the large brands in Argentina including Pureza, 9 de Oro and Mama Cocina. These all fall in the ready mixed flours and bread crumb product area. They will be looking for $302 million in exchange for 19.5 million shares at a range of $14 - 17.</p><p class='black-text'>The next largest of the week is Chinese consumer loan and credit website <b>Jianpu Technology</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/JT"><span style="color:#333">(</span><span style=";">JT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="JT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="JT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="JT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. They will be looking for $214 million in exchange for 22.5 million shares at $8.50 - $10.50. It is a younger company, as are so many that are listing out of China.</p><p class='black-text'>There are two biotech companies on the block this week.<b> Arsanis</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/ASNS"><span style="color:#333">(</span><span style=";">ASNS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="ASNS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="ASNS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="ASNS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> which is a clinical stage firm focused on infectious diseases, and <b>scPharmaceuticals</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SCPH"><span style="color:#333">(</span><span style=";">SCPH</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SCPH" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SCPH" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SCPH" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> which is developing and commercializing an injectable drug for heart failure. Both have deal sizes under $100 million.</p><p class='black-text'><b>Bluegreen Vacations</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/BXG"><span style="color:#333">(</span><span style=";">BXG</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="BXG" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="BXG" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="BXG" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a name that might get some attention this week. They are a rapidly growing, timeshare ownership company with over 42 resorts. They are looking to expand and will be offering 6.5 million shares at a range of $16 - $18 this week in an attempt to raise $110 million.</p><p class='black-text'><b>SendGrid</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SEND"><span style="color:#333">(</span><span style=";">SEND</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SEND" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SEND" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SEND" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is an email marketing platform that is looking for $112 million this week. The company was founded back in 2009 and shows $103 million in sales for the previous 12 months. They will offer 7.7 million shares at a range of $13.50 - $15.50.</p><p class='black-text'><b>Stitch Fix </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SFIX"><span style="color:#333">(</span><span style=";">SFIX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SFIX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SFIX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SFIX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a larger, online personal styling retailer that has seen rapid growth and market share. They use data science and fitting algorithms to determine size and style for their clients. They will be looking for $190 million by offering 10 million shares at a range of $18 - $20.</p> http://www.pws.io/more-names-pile-into-the-ipo-pipeline Sun, 12 Nov 2017 08:53:46 -0500 Dustin Tibbitts Markets lower on the week for a change. http://www.pws.io/markets-lower-on-the-week-for-a-change <p class='black-text'>The markets were mixed to close out the week as investors continue to weigh the thought of taking profits at these highs. The <b>Dow 30</b> was lower by 38, the <b>S&P 500</b> lost 2, and the <b>Nasdaq 100</b> added 1. Next week begins with some light news on mortgages along with the federal budget balance which can be a market mover.</p><p class='black-text'><b>Macy's </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/M"><span style="color:#333">(</span><span style=";">M</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="M" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="M" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="M" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> enjoyed yet another day of gains despite receiving another downgrade. Shares added another 2.46% today as the stock enjoys its post earnings rally. Shares spiked yesterday as earnings were released that were better than Wall Street's expectations. A positive outlook also fueled a rally that moved shares off their yearly lows. Shares finished the week strong but are still lower by 40% on the year.</p><p class='black-text'><b>Finish Line</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/FINL"><span style="color:#333">(</span><span style=";">FINL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="FINL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="FINL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="FINL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> sold off 8.95% today after getting downgraded by Cowen and Associates. The analyst firm lowered their rating to underperform from market perform, telling their clients that they had concerns about promotions and how it would affect their margins. Shares have been lower all year and this new drop brings the total losses on the year to over 50%.</p><p class='black-text'><b>JCPenney</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/JCP"><span style="color:#333">(</span><span style=";">JCP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="JCP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="JCP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="JCP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was the latest retailer to announce earnings that were well beyond what analysts expected. The stock was higher by 15.27% today as same-store sales came in better than expected, bringing their total revenue to $2.81 billion. CEO Marvin Ellison said, <i>"During the third quarter, we took aggressive actions to clear slow-moving inventory, primarily allowing for an improved apparel assortment heading in to the Holiday season. While these actions had a negative short-term impact on profitability in the third quarter, we firmly believe it was the right decision for the Company as we transition into the fourth quarter and fiscal 2018." </i>This impressed investors which led to a strong day on above average volume.</p> http://www.pws.io/markets-lower-on-the-week-for-a-change Fri, 10 Nov 2017 10:30:11 -0500 Dustin Tibbitts The happiest stock on earth? http://www.pws.io/the-happiest-stock-on-earth <p class='black-text'>Shares of <b>Disney</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/DIS"><span style="color:#333">(</span><span style=";">DIS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="DIS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="DIS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="DIS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> went for a wild ride after the close Thursday as the company had a few announcements. First, shares moved lower after the company announced declines in most of it's business compared to the prior year. The stock sold off around 3% after the earnings announcement which included income declines in their media networks, studio division, and consumer & interactive segment. The only segment to add income was in the parks and resorts which came in at $746 million when analysts had expected $735 million.</p><p class='black-text'>It wasn't all bad news though. The company announced that it would offer it's streaming service "substantially below" their recent rival<b> Netflix </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/NFLX"><span style="color:#333">(</span><span style=";">NFLX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="NFLX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="NFLX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="NFLX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. Just recently Disney announced that it would no longer stream it's movies on Netflix starting in 2019 and instead they would offer their own streaming service. They were clear that the reasoning for charging less than Netflix was simply due to the size of their media library. Being considerably smaller than Netflix they felt they could offer at a lower price point. This service will not include their sports network ESPN however. This is scheduled to be it's own streaming service which should be available in the coming months.</p><p class='black-text'>Despite the slight disappointment in the earnings for the quarter, the excitement and possibilities of the streaming service sent shares higher later in the after hours, up about 1%. For the year Disnsey shares have struggled. Since hitting a high back in April the stock has moved lower by around 12%. After briefly turning negative on the year it seems that the bulls are optimistic once again and shares have moved back to positive for the year.</p> http://www.pws.io/the-happiest-stock-on-earth Fri, 10 Nov 2017 10:29:55 -0500 Dustin Tibbitts Markets sharply lower thanks to tax reform delay talks. http://www.pws.io/markets-sharply-lower-thanks-to-tax-reform-delay-talks <p class='black-text'>The markets started the day off with their worst day in months but as the day progressed the major indices came off their lows. Tax reform delay by the senate sent the <b>Dow 30</b> lower by 100, the <b>S&P 500</b> down 9, and the <b>Nasdaq 100</b> off 39. Tomorrow scheduled news is light so investors will focus in on Washington news as well as remaining earnings reports.</p><p class='black-text'><b>Disney</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/DIS"><span style="color:#333">(</span><span style=";">DIS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="DIS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="DIS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="DIS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is up today to report earnings after the close. Analyst consensus is for earnings per share of $1.15 on revenue of $13.34 billion. The earnings call will also be a big focus in light of recent reports of deal talks with 21st Century Fox. Though shares were higher today by 1.55%, they have struggled this year, trading right around flat.</p><p class='black-text'><b>Macy's</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/M"><span style="color:#333">(</span><span style=";">M</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="M" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="M" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="M" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares blasted off 10.98% today after announcing a profit for the previous quarter that was well above analyst expectations. Macy's boasted earnings of 23 cents a share when analysts had only expected 19. The company also reaffirmed its sales and earnings guidance for full-year 2017 which further fueled the fire today. The only real negatives in the report was revenue which came in at $5.28 billion, and same-store sales which fell 3.6%. A statement be the CEO Jeff Gennette said, <i>"We expect continued improvement in our trends in the fourth quarter, including a solid lift from loyalty and digital, and intend to head into 2018 with momentum."</i> This was good enough for investors as they gobbled up shares sending it to have its best day this year.</p><p class='black-text'><b>Snap</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SNAP"><span style="color:#333">(</span><span style=";">SNAP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SNAP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SNAP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SNAP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> suffered more losses today (-4.22%) as the company was downgraded yet again. Morgan Stanley lowered its rating on the stock to Underweight from Equal weight and cut its price target to $11 a share from $14. This follows the slew of downgrades that came yesterday following the companies disappointing results. In a note to clients, Morgan Stanley analyst Brian Nowak cited <i>"monetization challenges" </i>as the driving factor for the downgrade. Shares continue to hover near all time lows.</p> http://www.pws.io/markets-sharply-lower-thanks-to-tax-reform-delay-talks Thu, 09 Nov 2017 10:03:16 -0500 Dustin Tibbitts Markets edge slightly higher. http://www.pws.io/markets-edge-slightly-higher <p class='black-text'>The markets were slightly higher today, slowly moving back to record highs. The <b>Dow 30 </b>added 6, the <b>S&P 500</b> gained 3, and the <b>Nasdaq 100</b> gained 21. Tomorrow investors will focus on some earnings reports along with unemployment claims due out in the morning.</p><p class='black-text'><b>Snap</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SNAP"><span style="color:#333">(</span><span style=";">SNAP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SNAP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SNAP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SNAP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares were the big focus today as earnings results caused a selloff of over 14% on the day. Revenue came in much lighter than expected and the much focused on, daily active users also disappointed the street. Snap announced sales of $207.9 million and added only 4.5 million new daily users during the quarter, totaling 178 million. Analysts, whom already lowered their expectations, were looking for revenue of $236.9 million and 180.5 million daily active users. Snap also said it lost $40 million on their failed video / augmented reality "Spectacles". CEO Evan Spiegel tried to right the ship by commenting that they are working on redesigning its app to make it easier to use. <i>"One thing we have heard over the years is that Snapchat is difficult to understand or hard to use, and our team has been working on responding to this feedback,"</i> Spiegel said. This didn't impress investors though as shares headed south on the day, closing near lows.</p><p class='black-text'><b>Time Warner</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TWX"><span style="color:#333">(</span><span style=";">TWX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TWX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TWX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TWX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares also sold off today, losing 6.51% and hitting new lows in the process. Comments about the timing of the closing of their deal with <b>AT&T</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/T"><span style="color:#333">(</span><span style=";">T</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="T" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="T" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="T" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> being "uncertain" sent shares lower. The deal, which is under antitrust review by the US Justice Department, was expected to close by the end of the year but now investors are concerned that it may be longer. Shares closed near lows of the day and are now down almost 15% since October.</p><p class='black-text'>Recent IPO, <b>Roku</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/ROKU"><span style="color:#333">(</span><span style=";">ROKU</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="ROKU" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="ROKU" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="ROKU" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will announce their first earnings report after the close today and analysts aren't expecting much. Consensus is for a loss of $1.40 a share on revenue of $110.75 million. The stock has done ok since the IPO, trading up about 20%, though well off its highs set on the second day of being a public company.</p> http://www.pws.io/markets-edge-slightly-higher Wed, 08 Nov 2017 10:05:56 -0500 Dustin Tibbitts Market ETF's continue to make records. http://www.pws.io/market-etfs-continue-to-make-records <p class='black-text'>The markets have shown some patience at highs as the bulk of earnings season has passed. The <b>S&P 500</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SPY"><span style="color:#333">(</span><span style=";">SPY</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SPY" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SPY" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SPY" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> continues to make new highs but has once again entered that pattern of slowly trending higher with little force by the bulls. For the week the SPY has hit highs twice but has been met with a slight bit of selling. For the year there is still no arguing the strength of this market and bulls remain rewarded for their patience.</p><p class='black-text'>The <b>Nasdaq 100</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/QQQ"><span style="color:#333">(</span><span style=";">QQQ</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="QQQ" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="QQQ" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="QQQ" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has been the stronger index of the group, hitting highs each day but not showing the same, slight sign of selling pressure. For the last three days the QQQ has hit new highs and volume remains around average.</p><p class='black-text'>A notable sector to look at is the <b>Consumer Staples ETF</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/XLP"><span style="color:#333">(</span><span style=";">XLP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="XLP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="XLP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="XLP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. Though the XLP has struggled in weeks past, Tuesday it showed a very strong day by the bulls, completely erasing Friday's decline. While this is still very early to call a rotation, or bottom, the XLP has made an attempt to try and stop the bleeding. At least for now.</p><p class='black-text'>The <b>Russell 2000</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/IWM"><span style="color:#333">(</span><span style=";">IWM</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="IWM" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="IWM" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="IWM" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has been a contrarian this week. Tuesday the IWM moved below a multi-week range and closed near the lows suggesting that the bears are gaining control. For now the index is just off highs but the bulls could not stop the selling pressure this time.</p><p class='black-text'><b>Transportation </b>stocks <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/IYT"><span style="color:#333">(</span><span style=";">IYT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="IYT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="IYT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="IYT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> continue their selloff this week with Tuesday pushing to new 2 month lows. The sector has been under pressure since hitting a high back in October. Technical traders are excited at the opportunity to buy a dip, but support is still a few dollars lower.</p><p class='black-text'>Lastly, <b>Mexican ETF</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/EWW"><span style="color:#333">(</span><span style=";">EWW</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="EWW" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="EWW" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="EWW" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> continues to try to reverse course this week. Monday the EWW conitued it's bounce off lows with an aggressive, positive day. Though Tuesday was a bit of a break for the ETF, the bulls still seem to think they have found a bottom. More will need to be done from here though to get the masses to pay attention.</p> http://www.pws.io/market-etfs-continue-to-make-records Wed, 08 Nov 2017 06:15:11 -0500 Dustin Tibbitts Death of the Banking Industry http://www.pws.io/death-of-the-banking-industry <p class='black-text'>Nordea Bank AB <b>(STO: NDA-SEK) </b>announced 6,000 job cuts last week, in a harbinger of new developments in the banking industry. These job cuts sliced away as much as a tenth of the bank's workforce. Experts predict that the banking industry, and bankers at large, are vulnerable to<a href="https://www.bloomberg.com/news/articles/2017-10-29/disappearing-bank-jobs-won-t-be-coming-back-nordea-ceo-says?cmpid=BBD103017_MKT&utm_medium=email&utm_source=newsletter&utm_term=171030&utm_campaign=markets"> "radical overhaul</a>." Some even believe that the size of the employee population in the industry will be cut by as much as half, in a decade's time. This is due to the rise of digitization and artificial intelligence in the banking industry.</p><p class='black-text'>After the global financial crisis, banks have already become much more sparsely staffed. In fact, the industry was cut by as much as 14%, by some estimates of the European financial scene.</p><p class='black-text'>According to experts, such technological overhauls represent the <a href="https://www.bloomberg.com/news/articles/2017-10-29/disappearing-bank-jobs-won-t-be-coming-back-nordea-ceo-says?cmpid=BBD103017_MKT&utm_medium=email&utm_source=newsletter&utm_term=171030&utm_campaign=markets">"future of banking</a>." Many immersed in the industry believe that only the most digitally proficient and efficient banks will last the purge. All the less technologically and digitally advanced firms will be the first to go.</p><p class='black-text'>Although banks acknowledge that transforming their existing systems in a more technologically favorable direction is a costly endeavor, the fact that the bank will have fewer salaries to pay will gradually help these numbers even out. Representatives from Nordea believe they are the first to grasp upon the paradigm shift in banking, at large. On the other hand, to do so, the bankers must ignore the unions' complaints.</p> http://www.pws.io/death-of-the-banking-industry Tue, 07 Nov 2017 18:07:37 -0500 Marisa Liu Markets take the day off for a change. http://www.pws.io/markets-take-the-day-off-for-a-change <p class='black-text'>The markets were lower today after starting the day hitting highs. Investors took some profits, sending the <b>Dow 30</b> was able to gain 8 by the close, but the <b>S&P 500</b> sold off 1, and the <b>Nasdaq 100</b> was lower by 18. Tomorrow investors will get a look at crude oil inventories which can be a market mover.</p><p class='black-text'><b>Disney</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/DIS"><span style="color:#333">(</span><span style=";">DIS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="DIS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="DIS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="DIS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares were higher again today by 0.86% as investors focus on the announcement that the company has had preliminary talks with <b>21st Century Fox</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/FOXA"><span style="color:#333">(</span><span style=";">FOXA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="FOXA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="FOXA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="FOXA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> to buy most of its business. CNBC was the first to break the news, but comments from their sources said that the <i>"talks are no longer taking place, but could resume in the future."</i> Shares of Disney were still higher on the possibilities and shares of 21st Century Fox added another 1.09% today.</p><p class='black-text'><b>Valeant</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/VRX"><span style="color:#333">(</span><span style=";">VRX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="VRX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="VRX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="VRX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares were higher today by 17.11% as the company beat the street on profit and revenue in their most recent earnings report. Strong results in the Canadian drug maker's eye-care business were cited as the reason for the beat. Earnings came in at $1.04 on revenue of $2.22 billion, with analyst expectations of 88 cents a share and sales of $2.15 billion. The move today erases over one month of losses on volume that was well above average.</p><p class='black-text'><b>Snap Inc. </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SNAP"><span style="color:#333">(</span><span style=";">SNAP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SNAP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SNAP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SNAP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will be a major focus after the close today as the company will report third-quarter results. Analysts have prepared themselves for a loss of 15 cents a share and revenue of $235.5 million. Just like the other major social platforms, the focus will be on number of daily active users. Snap is expected to grow its daily user base to 180.5 million, up from 173 million in the second quarter. Shares were higher by 1.96% ahead of the announcement.</p> http://www.pws.io/markets-take-the-day-off-for-a-change Tue, 07 Nov 2017 10:07:33 -0500 Dustin Tibbitts When you can't seem to get any trades right. http://www.pws.io/when-you-cant-seem-to-get-any-trades-right <p class='black-text'>There will come a point (if it hasn't happened already) where you will find yourself not able to get a winning trade. Some stretch of trades where it seems that everyone of them is a loser. Now, psychologically this will quickly put you into a different state, but that is a topic for another day. Today we want to talk about what you can do to get back in the groove, and most importantly, not lose all your trading capital.</p><p class='black-text'>I'm assuming that those reading this have some sort of risk parameters when you enter a trade. One of the most common is to take the entry price you are considering and subtract it from your projected stop price. Once you have your total risk in dollars (or pennies) then you can take the total amount you are willing to risk on the trade and divide that by your total risk. This will tell you the amount of shares to buy for this particular trade.</p><p class='black-text'>If you find that you are having a tough time getting a trade right then one method you can use is to take half the risk but widen your projected stop by twice the amount. For example, if you project that the trade will require a stop to be $1 lower than your entry, expand that to $2 and buy half as many shares as you would have normally. This will still keep your total risk in dollar terms the same as it has been, but it will allow for more wiggle room in the underlying stock. See, sometimes it's just that the markets are more volatile and, for a short time, our stops need to be wider than normal.</p><p class='black-text'>Now, the goal here is not to enter a trade with half the shares and a stop that is double the normal size. You still have work to do in this trade. As you find that the trade is moving in your favor you need to add the other half of the shares to the trade. Do this when you can move the stop up to justify the risk and repeat for each trade until you get back on track.</p> http://www.pws.io/when-you-cant-seem-to-get-any-trades-right Tue, 07 Nov 2017 09:28:12 -0500 Dustin Tibbitts Market pop to new highs on M&A activity. http://www.pws.io/market-pop-to-new-highs-on-ma-activity <p class='black-text'>The markets started off the week with a strong day as a few merger and buyout deals hit the street. The <b>Dow 30</b> was higher by 10, the <b>S&P 500</b> added 3, and the <b>Nasdaq 100</b> gained 22. Tomorrow's scheduled news is rather light which will leave investors focused on stock specific news.</p><p class='black-text'><b>Broadcom</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AVGO"><span style="color:#333">(</span><span style=";">AVGO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AVGO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AVGO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AVGO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> and <b>Qualcomm</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/QCOM"><span style="color:#333">(</span><span style=";">QCOM</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="QCOM" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="QCOM" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="QCOM" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> were the dominant headline early in the day as Broadcom has made an official offer to buy Qualcom in a deal valued at $130 billion. Qualcomm shares are up another 1.15% today following Friday's pop, and Broadcom was up as well. President and CEO of Broadcom Hock Tan said in a statement, <i>"Broadcom's proposal is compelling for stockholders and stakeholders in both companies. Our proposal provides Qualcomm stockholders with a substantial and immediate premium in cash for their shares, as well as the opportunity to participate in the upside potential of the combined company."</i> Qualcomm confirmed it received the offer from Broadcom but had no immediate comment which is typical. The only comments out of the company were that it plans to <i>"assess the proposal in order to pursue the course of action that is in the best interests of Qualcomm shareholders."</i> This is Wall Street talk for, <i>"we will reject your offer and make you offer more."</i></p><p class='black-text'>In earnings news, <b>Michael Kors</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/KORS"><span style="color:#333">(</span><span style=";">KORS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="KORS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="KORS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="KORS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares popped 14.66% today following an earnings report that beat expectations. The company announced earnings per share of $1.33 on revenue of $1.15 billion. Analysts were only expecting a profit of 83 cents on sales of $1.05 billion. Further fueling the boost, the retailer also raised its outlook for the year. They now expect total revenue for fiscal 2018 of $4.59 billion, up from its previous outlook of $4.28 billion. Shares are now higher by almost 50% since reporting their previous earnings which also beat expectations.</p><p class='black-text'><b>Sprint</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/S"><span style="color:#333">(</span><span style=";">S</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="S" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="S" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="S" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares sold off to new lows today, losing 11.54% in the process as they have once again called off their merger talks with <b>T-Mobile</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TMUS"><span style="color:#333">(</span><span style=";">TMUS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TMUS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TMUS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TMUS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. The two have publicly struggled to get a deal done that would benefit shareholders. Shares of T-Mobile also sold off today to the tune of 5.72%.</p> http://www.pws.io/market-pop-to-new-highs-on-ma-activity Mon, 06 Nov 2017 10:02:23 -0500 Dustin Tibbitts The rush to IPO by year end is on. http://www.pws.io/the-rush-to-ipo-by-year-end-is-on <p class='black-text'>This week could possibly go in the record books as the busiest week of the year. The IPO markets will attempt to raise 2 billion with around 10 offerings. As is common this time of year there are a slew of names filing to try and launch before the Christmas break.</p><p class='black-text'>The largest IPO of the week comes out of China once again. <b>Sogou</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SOGO"><span style="color:#333">(</span><span style=";">SOGO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SOGO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SOGO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SOGO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a large mobile search engine that will be looking to raise $540 million. This highly profitable search engine has been rapidly stealing users from <b>Baidu</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/BIDU"><span style="color:#333">(</span><span style=";">BIDU</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="BIDU" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="BIDU" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="BIDU" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> which has them growing rapidly. They will look to offer 45 million shares at a range of $11 - 13.</p><p class='black-text'>The second largest offering of the week is<b> Workspace Property Trust</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WSPT"><span style="color:#333">(</span><span style=";">WSPT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WSPT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WSPT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WSPT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>, a real estate investment trust that specializes in suburban office space. Offering 39 million shares at a range of $12 - 15, they hope to raise $527 million. They claim they will offer around a 4% dividend.</p><p class='black-text'>Continuing with the Chinese offerings, <b>PPDAI Group </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/PPDF"><span style="color:#333">(</span><span style=";">PPDF</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="PPDF" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="PPDF" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="PPDF" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will be looking for $298 million in exchange for 17 million shares at $16 - 19. The company operates a peer to peer lending site and hopes to expand. Though the company is quite profitable, investors are concerned about the short lifespan and regulations.</p><p class='black-text'>Another Chinese offering is in the education space. <b>Four Seasons Education</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/FEDU"><span style="color:#333">(</span><span style=";">FEDU</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="FEDU" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="FEDU" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="FEDU" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is an after school math and tutoring service that will be looking to raise $101 million by offering 10 million shares at a range of $9 - 11. The rapidly growing company is looking to expand to new territories to continue it's growth.</p><p class='black-text'><b>Bandwith</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/BAND"><span style="color:#333">(</span><span style=";">BAND</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="BAND" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="BAND" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="BAND" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a VoIP network company that offers commercial customers voice and text software services. They are a smaller offering looking for $84 million in exchange for 4 million shares at a range of $20 - 22.</p><p class='black-text'>Germany has an offering this week in the form of a biotech. <b>InflaRx</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/IFRX"><span style="color:#333">(</span><span style=";">IFRX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="IFRX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="IFRX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="IFRX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. The company is entering its second phase trials for it's rare skin disease medications and will hope to raise $100 million. They will offer 6.6 million shares at a range of $14 - 16.</p><p class='black-text'><b>Apellis Pharmaceuticals</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/APLS"><span style="color:#333">(</span><span style=";">APLS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="APLS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="APLS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="APLS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is another biotech that is developing protein inhibitors for autoimmune diseases. They hope to continue their efforts by raising $150 million by offering 10.7 million shares at a range of $13 - 15.</p><p class='black-text'><b>CBTX</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/CBTX"><span style="color:#333">(</span><span style=";">CBTX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="CBTX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="CBTX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="CBTX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a smaller offering this week. The Texas based, commercial bank is looking for $60 million to try and grow it's overall assets. They will offer 2.4 million shares at a range of $24 - 26.</p><p class='black-text'><b>Metropolitan Bank Holding</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/MCB"><span style="color:#333">(</span><span style=";">MCB</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="MCB" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="MCB" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="MCB" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is another commercial bank looking to go public this week. The New York commercial bank has 5 locations and will be looking for $101 million by offering 3.1 million shares at a range of $31 -34. With this funding they plan to open a sixth branch.</p><p class='black-text'>Finally we have <b>AMERI Holdings</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMRH"><span style="color:#333">(</span><span style=";">AMRH</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMRH" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMRH" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMRH" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> out of New Jersey with hopes of raising only $8 million. The company outsources IT services to SAP customers and will offer 1.2 million shares at $6.51.</p> http://www.pws.io/the-rush-to-ipo-by-year-end-is-on Mon, 06 Nov 2017 03:21:28 -0500 Dustin Tibbitts Your internal trade timer http://www.pws.io/your-internal-trade-timer <p class='black-text'>There are countless articles and videos on the internet that teach how to handle losing trades in one fashion or another. It really is an art and may people try to boil it down to some metric that may be useful in one scenario, but not in others.</p><p class='black-text'>Like it or not, as a trader you will find yourself in a situation where a trade has moved against you and you ask yourself how you got into this mess. It's just a part of trading that you must go through to have respect for how quickly things can get out of control.</p><p class='black-text'>Rather than teach a specific stop loss trick, or use a chart to tell you when to get out, let's take a more personal look at how you might be able to spot trouble before it strikes. Ignore the flashy indicators for a second and let's start at the moment you enter a trade.</p><p class='black-text'>When you start a new trade why was it? No matter what you use to enter a trade, that led you to an assumption. Let's say you use technical analysis and you notice that a stock is dropping down to support. It is a strong support area and you are thinking it will stop dropping there and bounce. This is a fair assumption and a valid reason to enter to so you calculate your risk and enter the trade.</p><p class='black-text'>If it bounces then you make money band all is good, but what it, as time passes you notice that it is stuck and it is not bouncing. Instead of this magical bounce that makes you rich, the stock is just sitting. You see, every trade has not only an assumption, but also a time clock. The more you trade the more your time clock gets refined and you know that something should have happened. This is one area you can focus in on to help reduce your losses. If a stock is expected to bounce for you and instead it does nothing, that may be your first hint to exit.</p><p class='black-text'>The same can be said for stocks that move in your favor but only by a little bit. Your experience will lead you to believe that time is running out and maybe you should consider an exit plan. This is especially helpful for day traders as things can quickly get out of control there. Pay attention to your internal time clock and see what you can learn from your own instincts.</p> http://www.pws.io/your-internal-trade-timer Mon, 06 Nov 2017 03:21:18 -0500 Dustin Tibbitts Nasdaq hits a new record high thanks to Apple. http://www.pws.io/nasdaq-hits-a-new-record-high-thanks-to-apple <p class='black-text'>The markets started the day with a little sell off but that decline was quickly bought, sending markets back to highs. The <b>Dow 30 </b>was higher by 22, the <b>S&P 500</b> added 7, and the <b>Nasdaq 100</b> gained 49 thanks to an earnings beat by Apple. Going into next week investors will start with a look a mortgage delinquencies as well as a speech by an FOMC member. Don't forget that the U.S. will set its clocks back this weekend.</p><p class='black-text'><b>Apple</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AAPL"><span style="color:#333">(</span><span style=";">AAPL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AAPL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AAPL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AAPL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was one of the big gainers today as earnings sent the stock to new highs. The tech giant handily beat Wall Streets earnings expectations, and investors also paid close attention to the iPhone X launch which officially hit the shelves today with a $999 price tag. One analyst wrote that, <i>"Apple delivered what we would characterize as robust September results and more importantly gave December guidance which indicates that iPhone X demand is off to a 'white hot' start in our opinion." </i> At one point in the day Apple also officially hit a $900 billion market cap. Shares are now higher on the year by around 50%.</p><p class='black-text'><b>Starbucks </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SBUX"><span style="color:#333">(</span><span style=";">SBUX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SBUX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SBUX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SBUX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares sold off after releasing their earnings, but investors took the selloff as a buying opportunity. Shares closed the day higher by 2.75%. The company reported a profit of 55 cents on revenue of $5.7 billion, missing analyst expectations for sales of $5.8 billion. Same-store sales was one of the initial disappointments, climbing just 2% compared to 3.3% projected growth. Starbucks also said it would be selling its Tazo tea brand to Unilever for $384 million. Thanks to the move today, shares are only down slightly on the year.</p><p class='black-text'><b>Pandora</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/P"><span style="color:#333">(</span><span style=";">P</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="P" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="P" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="P" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares tanked today after the music-streaming company reported its<i> "number of active listeners declined on a year-over-year basis." </i>This came after the company announced third quarter revenue and current-quarter sales guidance that missed analyst expectations. The company also announced that it sold 62 million shares of common stock after Thursday's close, likely in an effort to raise more capital. Shares finished the day lower by 24.56%, hitting new, all time lows.</p> http://www.pws.io/nasdaq-hits-a-new-record-high-thanks-to-apple Fri, 03 Nov 2017 10:20:18 -0400 Dustin Tibbitts Starbucks disappoints investors and Wall Street. http://www.pws.io/starbucks-disappoints-investors-and-wall-street <p class='black-text'><b>Starbucks</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SBUX"><span style="color:#333">(</span><span style=";">SBUX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SBUX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SBUX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SBUX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares fell over 7% Thursday after the close when the company released earnings that disappointed investors. The coffee chain reported net revenue of $5.70 billion which was well below analysts expectations of $5.80 billion. The company also cut it's overall profit forecast. The company said that they now project earnings per share growth around 12% versus 15-20% projections in the past. Hurricanes Harvey and Irma were cited as part of the reason same-store sales at more than 1,100 U.S. cafes suffered. Sales at U.S. cafes overall were down 2 percent for the quarter If you back out the hurricane impacts, analysts note that they would have been up 3 percent, but that still would have been lower than expectations.</p><p class='black-text'>Analysts were out in full force to comment on the results, saying that increased competition from both the high end coffee shops along with discount chains like McDonalds are part of a growing concern for Starbucks. Chief Executive Kevin Johnson was quoted as saying that there was no real evidence that competition is looming. "We are not going to be squeezed in the middle," he said. Investors did not like this "blind to competition" response which further pushed shares lower.</p><p class='black-text'>As for the price of shares, they have been under severe pressure for the latter part of the year. There is no doubt that investors have concerns which has caused shares to underperform the markets greatly. If we factor in the earnings drop, shares are now lower by around 5% for the year.Technical traders will note that the selling pressure form the earnings move may push shares out of a three month range. The next support area they would consider is the $50 mark.</p><p class='black-text'>For now it seems that Starbucks has to first admit that they have work to do, then get to work. Investors are more than happy to put money in better performers for now.</p> http://www.pws.io/starbucks-disappoints-investors-and-wall-street Fri, 03 Nov 2017 04:42:55 -0400 Dustin Tibbitts Earnings, tax reform, and fed keep market excitement alive. http://www.pws.io/earnings-tax-reform-and-fed-keep-market-excitement-alive <p class='black-text'>The markets were mixed today as most were focused on the specifics of the tax reform bill which was released today. The <b>Dow 30 </b>was higher by 80, the <b>S&P 500 </b>was flat, and the <b>Nasdaq 100</b> lost 1. Earnings will be a major focus again today as tech continues to report. Tomorrow as traders digest the earnings of names like Apple and Starbucks, they will also have to focus on the release of the latest unemployment rate which is always a market mover.</p><p class='black-text'><b>Tesla</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TSLA"><span style="color:#333">(</span><span style=";">TSLA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TSLA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TSLA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TSLA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares sold off 6.80% today as they released earnings that disappointed Wall Street. The company showed a loss during the third quarter that was greater than the streets expectations. As was predicted, the major focus in the earnings report was production of the Model 3, after disappointing deliveries of it's Model 3's during the third quarter. Tesla did announced an update to its production targets for the Model 3, saying it now <i>"expects to achieve a production rate of 5,000 Model 3 vehicles per week by the end of the first quarter of 2018."</i> Investors seemed to lose some patience in the name as shares were lower immediately following the results. Shares have now fallen almost 25% since hitting a high back in September.</p><p class='black-text'><b>Apple </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AAPL"><span style="color:#333">(</span><span style=";">AAPL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AAPL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AAPL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AAPL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will be a big focus after the close today as the company is set to release their earnings. The major focus will be on demand for the tech giant's three new phones: iPhone 8, 8 Plus and iPhone X. Analysts seem optimistic though as it was reported that "iPhone X pre-orders started last Friday, and within a few hours, the phone's shipping date was delayed 5 to 6 weeks." Analysts will be looking for earnings to come in at $1.87 a share on revenue of $50.70 billion. iPhone sales are predicted to be at 46.1 million compared to $45.5 million a year ago. Shares were slightly higher today ahead of the announcement.</p><p class='black-text'><b>Starbucks </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SBUX"><span style="color:#333">(</span><span style=";">SBUX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SBUX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SBUX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SBUX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will also release it's earnings after the bell today. Analysts have been commenting that their major focus is store traffic. The lack of consistency in store traffic over the previous quarters is part of the reason cited for this. Chinese growth is always a focus as well as the company continues to claim China growth will surpass that of the U.S. Analysts consensus is a profit of 55 cents on revenue of $5.8 billion, up from $5.7 billion a year ago. Shares were mostly flat on the day.</p> http://www.pws.io/earnings-tax-reform-and-fed-keep-market-excitement-alive Thu, 02 Nov 2017 10:29:09 -0400 Dustin Tibbitts Markets mixed as earnings to be huge focus. http://www.pws.io/markets-mixed-as-earnings-to-be-huge-focus <p class='black-text'>The markets were mixed today as the Federal Reserve announced it would leave rates unchanged. Investors were mostly expecting this which moved the focus to earnings. After the close today will be an exciting one as three, widely focused on tech names are due to release results. The <b>Dow 30</b> was higher by 58, the <b>S&P 500 </b>added 4, and the <b>Nasdaq 100 </b>lost 11 on the day.</p><p class='black-text'><b>Tesla</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TSLA"><span style="color:#333">(</span><span style=";">TSLA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TSLA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TSLA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TSLA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will be one of the big earnings stocks to watch after the close today as the company will release its much anticipated, third-quarter results. Comments on production delays will be on thing analysts will be looking for as the electric car maker only delivered 220 Model 3s during the quarter, which was much less than the CEO predicted they could produce. 1,500 Model 3's in September and up to 5,000 a week by the end of the year was the goal but comments from the CEO about "production hell" and "bottlenecks" last month have many wondering if there will be new projections promised. Shares have been under pressure and there is no doubt that the stock will be volatile in response to the results.</p><p class='black-text'><b>Facebook</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/FB"><span style="color:#333">(</span><span style=";">FB</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="FB" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="FB" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="FB" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is another name that will dominated financial media as they will also report their earnings. Analysts have expectations of $1.28 earnings per share on revenue of $9.84 billion. Analysts will also be tuned in to comments about how the company is addressing the Russia election issues and any plans to make its ad platform more transparent. Shares are quite positive on the year, hitting new highs today for the third time in the last 4 trading sessions.</p><p class='black-text'><b>GoPro</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/GPRO"><span style="color:#333">(</span><span style=";">GPRO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="GPRO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="GPRO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="GPRO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will also announce earnings this afternoon, and analysts say they are looking for excitement on the company's product offerings for the current holiday quarter. Forward guidance and 2018 sales outlook have been mentioned as key metrics following GoPro's launch of its Hero6 at $499.99, on sale now, and its Fusion 360 camera, which begins shipping this month. As for earnings the street is looking for a profit of 2 cents a share on revenue of $313.9 million. The stock's has done well in recent months but history suggests a miss on earnings could cause a large, adverse move.</p> http://www.pws.io/markets-mixed-as-earnings-to-be-huge-focus Wed, 01 Nov 2017 09:56:39 -0400 Dustin Tibbitts Sector rotation showing clearly on ETF's. http://www.pws.io/sector-rotation-showing-clearly-on-etfs <p class='black-text'>The markets continue to be undecided at the highs. Thought Friday finished with new record highs, the <b>S&P 500 </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SPY"><span style="color:#333">(</span><span style=";">SPY</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SPY" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SPY" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SPY" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has yet to get started on any follow through this week. Part of the reason is the Federal Reserve interest rate decision due out Wednesday afternoon. It is typical that the markets trade slow ahead of that announcement and that is certainly the case so far this week. The SPY is still just a touch off all time highs so for now the bulls remain in complete control.</p><p class='black-text'>The <b>Nasdaq 100 </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/QQQ"><span style="color:#333">(</span><span style=";">QQQ</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="QQQ" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="QQQ" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="QQQ" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has continued full steam ahead though. Each day so far this week that QQQ has pushed to new highs thanks to earnings from tech names that have impressed investors. For the year the QQQ is higher by almost 30% and the low volume concerns of weeks prior has officially subsided. The bulls remain in complete control with very little signs of selling pressure.</p><p class='black-text'><b>Oil & Explorer</b> stocks <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/XOP"><span style="color:#333">(</span><span style=";">XOP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="XOP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="XOP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="XOP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> have also continued their rally from last week. As the XOP continues to move out of an 8 month downtrend, the buyers have stepped up once again, pushing the XOP back to the 200 day moving average. Technical traders note that this is the last remaining resistance in the short term to officially call a trend change.</p><p class='black-text'><b>Metals and Mining</b> stocks <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/XME"><span style="color:#333">(</span><span style=";">XME</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="XME" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="XME" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="XME" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> have not fared so well. As money rotates out of the space in the short term the XME has fallen almost back to the 200 day moving average. It is too early to tell if this is just some temporary weakness, or if money is truly rotating out of this ETF. For the year the XME has under performed compared to other sectors so it is speculated that money is being moved to more attractive sectors in the short term.</p><p class='black-text'>Lastly, <b>healthcare</b> stocks <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/XLV"><span style="color:#333">(</span><span style=";">XLV</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="XLV" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="XLV" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="XLV" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> are continuing to slide as well. Last week the XLV marked a new high but has been lower ever since. Since hitting that high the XLV is lower by 4% and shows no signs of stopping so far this week.</p> http://www.pws.io/sector-rotation-showing-clearly-on-etfs Wed, 01 Nov 2017 06:55:13 -0400 Dustin Tibbitts Company Profile: Coach, Now Tapestry http://www.pws.io/company-profile-coach-now-tapestry <p class='black-text'>After unveiling the company's name-change from Coach Inc <b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/COH"><span style="color:#333">(</span><span style=";">COH</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="COH" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="COH" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="COH" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr></b>. to Tapestry <b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TPR"><span style="color:#333">(</span><span style=";">TPR</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TPR" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TPR" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TPR" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr></b>, the holding company housing its once-eponymous branch, Kate Spade, and Stuart Weitzman suffered a <a href="https://www.businessoffashion.com/articles/news-analysis/coach-announces-name-change-to-tapestry-inc">2% drop in shares</a>. Tapestry Inc. seeks to "create a broader umbrella" for the high-end brands it encompasses, without sacrificing the iconic connotations of the Coach name, and the luxury handbag line for which it is so well-known. The name change to Tapestry will be official on Halloween.</p><p class='black-text'>After this decision was unleashed, the company's worst critics made themselves known through social media, potentially driving the decline in its shares. Many believed the new name had not been selected as carefully as it could've been, and tarnished the lustre of the iconic brand's stash of soft power. Coach was originally founded in 1941, and in its heyday, it was strengthened by the upscale connotations of its most popular product: luxury handbags.</p><div class="image-holder"><img id="4778" alt="" src="//images5.paszport.ws/cached_images/32d4bfeeddb1802b2ca2163adea75cc4.jpg" /> <div class="copyright-holder">&copy; Fashionmouse / Wikimedia Commons</div> </div><p class='black-text'>In a sense, these critics are picking up on the brand's decline in recent years. The company has suffered from the combined effects of the recession and the spike in online shopping over retail. In its attempts to survive, the company is now purchasing new brands (such as Kate Spade, and Stuart Weitzman), refraining from discounting, and extricating itself from department stores. By expanding its portfolio, Tapestry hopes to transform itself from a mere handbag retailer to an "<a href="https://www.businessoffashion.com/articles/news-analysis/coach-announces-name-change-to-tapestry-inc">upscale fashion house</a>." This corporate reinvention has seen Coach go to Tapestry, with the agenda of evolving from a single-brand specialty retailer to a "true house of emotional, desirable brands," in the words of <a href="https://www.businessoffashion.com/articles/news-analysis/coach-announces-name-change-to-tapestry-inc">Tapestry CEO Victor Luis</a>.</p><p class='black-text'>However, it remains to be seen whether the mere act of grouping multiple brands under one name will be sufficient for the complete transformation the company hopes to achieve. Matters of brand cohesion and the forging of a collective brand identity are further open questions that Coach, now Tapestry, must eventually answer. Tapestry's choices towards answering these questions will no doubt impact the commercial fate of the company in the years to come.</p> http://www.pws.io/company-profile-coach-now-tapestry Tue, 31 Oct 2017 15:56:32 -0400 Marisa Liu Leading Chinese Fintech Conglomerate Going Global http://www.pws.io/leading-chinese-fintech-conglomerate-going-global <p class='black-text'>In late September 2017, major Chinese fintech company CreditEase held the Silicon Valley-Beijing Dialogue 2017 Summit in San Francisco, which was launched four years ago in collaboration with IDG Capital. Its theme was the "Power of Innovation: Driving Forces <a href="https://www.caixinglobal.com/2017-10-12/101155179.html?utm_source=taboola&utm_medium=pc&utm_content=taboola005&utm_campaign=Hezuo%20">Behind the Fintech Age 3.0</a>." It attracted both American and Chinese regulators, investors, entrepreneurs, <a href="https://www.caixinglobal.com/2017-10-12/101155179.html?utm_source=taboola&utm_medium=pc&utm_content=taboola005&utm_campaign=Hezuo%20">media and think tanks</a>. It attempted to serve as a platform for exchanging ideas about fintech.</p><p class='black-text'>CreditEase is a leading Chinese fintech conglomerate, based in Beijing. It specializes in "inclusive finance and wealth management" as well as "payment technology marketplace lending, crowdfunding, robo-advisory, insurance technology, and <a href="https://www.caixinglobal.com/2017-10-12/101155179.html?utm_source=taboola&utm_medium=pc&utm_content=taboola005&utm_campaign=Hezuo%20">blockchain products and services</a>."</p><p class='black-text'>During this summit, the founder and CEO of CreditEase voiced his hopes for a beginning of an era of Chinese-American fintech collaboration, to replace existing competition. He hoped that this collaboration would occur between Beijing and Silicon Valley, bridging both online and offline endeavors. Ning's hopeful vision incorporates thorough collaboration between fintech and traditional finance, as well as between entrepreneurs and regulators.</p><div class="image-holder"><img id="4799" alt="Ning Tang (pierwszy z prawej)" src="//images5.paszport.ws/cached_images/938ee4a9cc8067522334017640fbfcf2.jpg" /> <div class="copyright-holder">&copy; Fortune Live Media / Flickr.com</div> </div><div class="image-description">Ning Tang (pierwszy z prawej)</div><p class='black-text'>An American representative, the ex-chairman of the House Financial Services Committee Barney Frank, voiced the significance of maintaining clear vision regarding the "<a href="https://www.caixinglobal.com/2017-10-12/101155179.html?utm_source=taboola&utm_medium=pc&utm_content=taboola005&utm_campaign=Hezuo%20">two-sided nature of technology</a>." Frank, too, advocated for increased communication between regulators and entrepreneurs.</p><p class='black-text'>Other speakers included Chen Chaomei, board member of Yirendai <b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/YRD"><span style="color:#333">(</span><span style=";">YRD</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="YRD" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="YRD" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="YRD" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr></b>, China's largest peer-to-peer platform and the first major Chinese fintech company to be listed. Chen observed that compared to American fintech, China has a long way to go in improving fintech regulation.</p><p class='black-text'>CreditEase presented its new innovations in "peer-to-peer sharing, big data, cloud computing...blockchain" and "robo-advising, smart insurance, and <a href="https://www.caixinglobal.com/2017-10-12/101155179.html?utm_source=taboola&utm_medium=pc&utm_content=taboola005&utm_campaign=Hezuo%20">crowd-funding platforms</a>." CreditEase also highlighted its overseas investments in equity and bonds, a project it has been pursuing since 2015. CreditEase has made sure to maintain a diverse global portfolio, and made numerous contributions to San Francisco's urban planning projects.</p><p class='black-text'>To meet the demands of its high-net-worth clients, CreditEase has been focusing on its projects abroad, while also organizing networking events with foreign companies and universities. For CreditEase, the immediate short-term goals are clear: internationalization, alongside unification through collaboration with other fintech companies. The company's globalizing collaborative strategies include business incubation, <a href="https://www.caixinglobal.com/2017-10-12/101155179.html?utm_source=taboola&utm_medium=pc&utm_content=taboola005&utm_campaign=Hezuo%20">commercial cooperation and investment</a>.</p> http://www.pws.io/leading-chinese-fintech-conglomerate-going-global Tue, 31 Oct 2017 15:48:47 -0400 Marisa Liu Introducing Amazon Key http://www.pws.io/introducing-amazon-key <p class='black-text'>Amazon <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMZN"><span style="color:#333">(</span><span style=";">AMZN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMZN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMZN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMZN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> can now ensure that packages are delivered securely and straight into your living room, even if you're not home.</p><p class='black-text'>The online retail giant's latest innovation, <a href="https://www.amazon.com/b?ie=UTF8&node=17285120011">Amazon Key</a>, functions almost exactly as one might expect from its name. Customers who purchase Amazon Key will receive a $250 kit that includes an indoor HD security camera, a smart lock, and free installation. Once Amazon couriers attempt to scan the barcode of your ordered product to deliver it, Amazon verifies that they are at the correct location through encrypted authentication, activates the camera, and unlocks your door so that the courier can drop it off inside. No access codes or keys are given to the couriers. The security camera, which is synced with Amazon's digital voice assistant, Alexa, is there to ensure that nothing nefarious goes on; you can either watch a replay of the delivery later or stream it live as it is happening through the cloud.</p><div class="image-holder"><img id="4900" alt="" src="//images5.paszport.ws/cached_images/69c827b76963705f1999791a8d2e015a.jpg" /> <div class="copyright-holder">&copy; hadrian / bigstockphoto.com</div> </div><p class='black-text'>Amazon Key's use isn't limited to delivery of purchased products. You can replace your physical key altogether by using the Amazon Key function to grant family and friends access to your home for a one-time, temporary, periodic, or permanent basis.</p><p class='black-text'>Amazon Key is the online retail giant's most recent foray into customer convenience. It is only one small part of a plan to introduce a vast array of over 1,200 services from 60 different professions over the next several months. These services will range from dog walking contracted through Rover.com and home cleaning provided by Merry Maids. The service providers will all be able to gain unattended access to the home to perform these services by means of Amazon Key.</p><p class='black-text'>Some have expressed concerns about safety and privacy. There is resistance to the basic idea of allowing a stranger into a home when no one is present, and doubts about leaked camera footage or failed servers. The presence of another recording device in the home compounds the problem posed by Amazon Echo and Alexa, which records and stores audio from inside of private homes and has <a href="http://www.rollingstone.com/culture/features/how-smart-devices-could-violate-your-privacy-w492823">raised</a> First Amendment issues.</p><div class="image-holder"><img id="4901" alt="" src="//images1.paszport.ws/cached_images/9d660639290a633a9a1ea20b35793679.jpg" /> <div class="copyright-holder">&copy; Amazon</div> </div><p class='black-text'>Amazon has not commented on these concerns. Amazon's Chief Financial Officer, Brian Olsavsky, has only <a href="http://www.barrons.com/articles/amazon-earnings-shares-soar-and-executives-share-a-few-details-on-the-business-1509064738">said</a> that the introduction of this service is "mostly about increasing convenience for the customer." Peter Larsen, the Vice President of Delivery Technology, has <a href="http://www.businesswire.com/news/home/20171025005287/en/">suggested</a> that Amazon Key will give customers "peace of mind," but only insofar as their packages have been successfully delivered in their absence. Amazon has attempted to ensure customer satisfaction by providing its Happiness Guarantee, which will compensate customers who are not satisfied or are actively harmed by the Amazon Key delivery process.</p><p class='black-text'>These anxieties have not been significant enough to harm Amazon's shares, which recently <a href="https://www.washingtonpost.com/business/economy/amazons-shares-climb-7-percent-on-strong-financial-results/2017/10/26/de10a02c-ba78-11e7-a908-a3470754bbb9_story.html?utm_term=.8df76d3bdb96">soared</a> by more than 7 percent, or Amazon's overall revenue, which has grown by 34 percent in the third quarter. The innovations Amazon produces come with a hefty price tag, however, and partly account for why Amazon's profit margins remain slim.</p> http://www.pws.io/introducing-amazon-key Tue, 31 Oct 2017 15:30:41 -0400 Ariel Courage Trump's Fortieth Week: Trump Administration On Its Way to Pass First Law http://www.pws.io/trumps-fortieth-week-trump-administration-on-its-way-to-pass-first-law <p class='black-text'>In the last week, the Trump Administration passed a budget resolution that will open the doors to further tax legislation in the future. The budget plan, <a href="http://www.npr.org/2017/10/26/560215916/congress-paves-way-for-tax-legislation-by-passing-budget-resolution">first passed through the Senate, secured a narrow vote in the House of Representatives of 216-212. </a>Now a bill, it will protect the Republicans' desire to implement a tax cut of $1.8 trillion dollars. While the new bill does not have immediate effects on legislation, it will allow Republicans' to later pass a tax reform bill that will only require 50 Senate votes to become a law. Given that the Republican senate currently holds 52 seats, the tax bill will successfully evade a potential filibuster from their fellow Democratic senators.</p><p class='black-text'>Upon its approval, the new law will be a drastic approach to tax reform. While the details of the bill have not been revealed, Republicans <a href="http://www.npr.org/2017/10/26/560215916/congress-paves-way-for-tax-legislation-by-passing-budget-resolution">have argued that the law will allow the average American household to receive an approximated $4,000 raise. </a>Along with the promised revenue for American families, the tax bill will also become the first major piece of legislation passed by Congress under the President Trump's administration so far. The House Speaker, Republican Paul Ryan shared his glee about the new budget plan, <a href="http://www.npr.org/2017/10/26/560215916/congress-paves-way-for-tax-legislation-by-passing-budget-resolution">stating </a>that it "brings [citizens] one step closer to historic tax reform. That means more jobs, fairer taxes and bigger paychecks for Americans."</p><div class="image-holder"><img id="4801" alt="" src="//images2.paszport.ws/cached_images/28659780d343f8074fa1e8905d480d9e.jpg" /> <div class="copyright-holder">&copy; The White House / Flickr.com</div> </div><p class='black-text'>Nevertheless, the tax bill has garnered criticism from Democrats who argue that the budget outline will allow the unnecessary reduction in government healthcare programs such as Medicaid and give an unfair advantage to the rich. Senator Chuck Schumer, a Democrat, expands on the possible drawbacks the bill will have for the majority of citizens in the <a href="https://www.nytimes.com/2017/10/19/us/politics/budget-vote-senate.html?mtrref=mail.google.com">statement</a>: "This nasty and backwards budget green-lights cuts to Medicare and Medicaid in order to give a tax break to big corporations and the wealthiest Americans."</p><p class='black-text'>Other changes that can occur <a href="https://www.nytimes.com/2017/10/19/us/politics/budget-vote-senate.html?mtrref=mail.google.com">as a result of the bill is the authorization for oil drilling in the Arctic National Wildlife Refuge. </a>This focus on drilling can lead to further changes to the economy by producing more oil and gas, which can allow state revenues to increase nationwide.</p><div class="image-holder"><img id="4802" alt="" src="//images.paszport.ws/cached_images/67b75ad7b0d3e4c007accec0711ddd7e.jpg" /> <div class="copyright-holder">&copy; The White House / Flickr.com</div> </div><p class='black-text'>Along with the new approaches to tax reform, Republican members of Congress secured yet another act of legislation, barring the ability of citizens to sue bank and credit card companies for financial disagreements. After <a href="http://abcnews.go.com/Politics/wireStory/senate-gop-moves-repeal-consumer-rule-50694605">a slim tie of 50-50 in the Senate that required Vice President Mike Pence's vote</a>, the Senate nullified the rule that allows the public to sue Wall Street. In response to such a ruling, <a href="http://abcnews.go.com/Politics/wireStory/senate-gop-moves-repeal-consumer-rule-50694605">Democrats have argued that the rule would have allowed citizens to protect themselves from financial lawlessness</a> illustrated by the creation of fake accounts at Wells Fargo <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/WFC"><span style="color:#333">(</span><span style=";">WFC</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="WFC" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="WFC" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="WFC" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> and the security violations at Equifax <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/EFX"><span style="color:#333">(</span><span style=";">EFX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="EFX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="EFX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="EFX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. In contrast, the Republican party contends that making the rule ineffective paves the way towards a true free market.</p><p class='black-text'>Although Republicans found difficulty passing a healthcare bill last month, the party's determination to pass new laws is clear with their approach towards tax reform and the subsequent overturning of a consumer law. While some American families and corporate businesses may find advantages to the new ruling, there are disadvantages on other ends: <a href="http://www.foxnews.com/politics/2017/10/26/trumps-tax-reform-plan-who-are-winners-and-losers.html">social programs such as welfare and education may suffer a decrease while the national debt continues to increase as a result of tax cuts. </a></p> http://www.pws.io/trumps-fortieth-week-trump-administration-on-its-way-to-pass-first-law Tue, 31 Oct 2017 15:14:26 -0400 Arlene Lormestoire Markets get ready for Fed rate decision. http://www.pws.io/markets-get-ready-for-fed-rate-decision <p class='black-text'>The markets were slightly higher on the day today as earnings, and Fed news continues to dominate headlines. The <b>Dow 30</b> added 28, the <b>S&P 500</b> gained 2, and the <b>Nasdaq 100</b> was higher by 28. Tomorrow investors will get the latest in interest rate decisions from the Federal Reserve along with earnings reports. Manufacturing numbers are also due out in the morning which can be a market mover as well.</p><p class='black-text'><b>Under Armour</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/UA"><span style="color:#333">(</span><span style=";">UA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="UA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="UA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="UA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares plummeted 21.81% today, making new lows in the process. As many expected, the athletic apparel maker released a disappointing earnings report and cut its full year sales and earnings forecasts which tanked their shares. The company said that weak demand in North America was the culprit which analysts had appropriately predicted. CEO Kevin Plank did his best to stop the bleeding, saying that the company is <i>"evolving its strategy"</i> to try and garner more interest in the Under Armour brand. Shares are now lower by 50% on the year.</p><p class='black-text'><b>Qualcomm</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/QCOM"><span style="color:#333">(</span><span style=";">QCOM</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="QCOM" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="QCOM" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="QCOM" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was also a big loser today,falling 6.68% as it was reported that <b>Apple</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AAPL"><span style="color:#333">(</span><span style=";">AAPL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AAPL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AAPL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AAPL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> may be moving on without them. The report said that Apple is designing iPhones and iPads without Qualcomm's chips. Instead, its considering the services of other companies. <b>Intel</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/INTC"><span style="color:#333">(</span><span style=";">INTC</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="INTC" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="INTC" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="INTC" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was one of those names cited in the report. Shares of Qualcomm continue to suffer this year, losing almost 25% so far.</p><p class='black-text'><b>Aetna</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AET"><span style="color:#333">(</span><span style=";">AET</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AET" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AET" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AET" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> continues to be in the news as it issued a beat on earnings. The company also took the opportunity to raise its outlook for the year. The only miss was on revenue which pushed shares lower on the day. The company blamed lower health care premiums and membership in the company's Affordable Care Act products. No updates on the reports that <b>CVS</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/CVS"><span style="color:#333">(</span><span style=";">CVS</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="CVS" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="CVS" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="CVS" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is interested in buying Aetna for more than $66B.</p> http://www.pws.io/markets-get-ready-for-fed-rate-decision Tue, 31 Oct 2017 15:12:44 -0400 Dustin Tibbitts What is really causing this market rally? http://www.pws.io/what-is-really-causing-this-market-rally <p class='black-text'>Why do the markets continue to head higher and higher? Where is all this new money coming from that continuously buys more and more? This is a question that the novice investor continues to struggle with. How can there be that much money to fuel 9 years of nothing but buying.</p><p class='black-text'>Looking back at the markets, specifically over the past few years, many are left wondering how there can be so much strength. With little to no pauses, or pullbacks, the markets just continue to run up. Recently the markets have entered what seems to be a new phase of rally, where bad news is great news, and even the smallest of intra-day dips is immediately bought up. Day after day traders notice these small dips, or adverse news events cause more buying not selling.</p><p class='black-text'>The truth is that the amount of new money that has entered recently is very little. Sector rotation is one of the main, driving factors between this most recent rally, and it is more obvious than ever thanks to ETF's. Keeping a small list of ETF's that are sector, and commodity based you can quickly see money moving out of one area and into another.</p><p class='black-text'>Take big cap stocks for example. The most recent rally has money leaving from tech names and moving into the big cap names. You know the names. Those names that are normally slow and boring have suddenly rocketed to new highs and continue to push higher.</p><p class='black-text'>Money moving from one sector to another can give the appearance of new money entering the market, and cause the retail investor to add some more risk to their portfolios. Watch carefully and you can see the money moving around from one place to the other. It's not a bad thing, it's just whats happening at this point. With no pullbacks at all there has been no reason for anyone to move to cash. Until that day comes we will likely see the same sector rotation over and over again as investors continue to chase those returns.</p> http://www.pws.io/what-is-really-causing-this-market-rally Tue, 31 Oct 2017 05:21:18 -0400 Dustin Tibbitts Trump's Thirty-Ninth Week: The Administration's Rocky Relationship with Women's Healthcare http://www.pws.io/trumps-thirty-ninth-week-the-administrations-rocky-relationship-with-womens-healthcare <p class='black-text'>The Trump Administration's thirty-ninth week in office primarily concerns the looming changes to healthcare brought by President Trump's suspension of the Affordable Care Act. As a result of that, Congress has been given approximately sixty days to propose alternative guidelines for the Obama-era law. In the past, Obama's requirement for employers to provide birth control methods <a href="http://www.marketwatch.com/story/thousands-of-women-are-invoicing-donald-trump-for-their-birth-control-2017-10-25">have led to the lowest number of unintended pregnancies in 30 years, as well as a decrease in abortion rates.</a> While the effects of Trump's executive order include aspects such as increased premium costs and shifting requirements for health insurance companies, the executive order also affects the Obamacare provisions for accessible birth control.</p><p class='black-text'>Earlier this week, President Trump created a new rule that states that employers will no longer be required to provide birth control to their employees. According to the former business magnate, President Trump supported his decision, <a href="http://www.marketwatch.com/story/the-era-of-free-birth-control-could-soon-be-at-an-end-2017-06-02">stating</a>, "For too long, the federal government has used the power of the state as a weapon against people of faith, bullying and even punishing Americans for following their religious beliefs." Under Trump's new healthcare rules, services such as intrauterine devices, birth control and emergency contraception cases will no longer be offered by health care companies. Instead, companies can claim religious or moral reasons in order to avoid conducting abortions.</p><div class="image-holder"><img id="4775" alt="" src="//images.paszport.ws/cached_images/c32f377bc290101fa1df2321c4a09ed5.jpg" /> <div class="copyright-holder">&copy; The White House / Flickr.com</div> </div><p class='black-text'>Nevertheless, different organizations have opposed the Trump administration regarding the modifications to women's healthcare for the future. <a href="https://www.salon.com/2017/10/19/trump-attacks-birth-control-but-states-are-ready-to-fight/">According to the Department of Health and Human Services</a>, birth control is necessary because "women can better avoid unwanted pregnancies and space their pregnancies to promote optimal birth outcomes." Others who disagree with the new regulation of birth control are the Massachusetts attorney general Maura Healey, and Pennsylvania attorney general Josh Shapiro. Both government officials have reportedly filed lawsuits in federal court against President Trump. In addition, <a href="https://www.salon.com/2017/10/19/trump-attacks-birth-control-but-states-are-ready-to-fight/%20">other attorney generals have come together to write a letter to protest the new rule.</a></p><p class='black-text'>Shapiro argued for the previous rules under Obamacare health reform and the significance it held for women, <a href="https://www.salon.com/2017/10/19/trump-attacks-birth-control-but-states-are-ready-to-fight/">saying</a>:</p><blockquote>Before the Affordable Care Act mandate, one in three women struggled to afford birth control.Since the mandate has been put in place, and these preventative services are covered by federal law, less than four percent of women struggle to pay for that care.</blockquote><div class="image-holder"><img id="4777" alt="" src="//images4.paszport.ws/cached_images/a82a4a80aec75ee17e4465f15a012262.jpg" /> <div class="copyright-holder">&copy; The White House / Flickr.com</div> </div><p class='black-text'>Recently, the Trump Administration's engagement with birth control methods have accrued criticism and controversy. Earlier this month, <a href="http://thehill.com/regulation/court-battles/357081-undocumented-teen-gets-abortion-before-trump-can-appeal">a 17-year old teenager attempted to cross the U.S/Mexico border but was detained by authorities. </a>After receiving news that she was pregnant from a medical examination, she attempted to get an abortion but was halted by officials from the Trump administration. Since then, organizations such as American Civil Liberties Union have rallied for her choice to obtain an abortion. As of this week, the undocumented teen has obtained the abortion after the decision of a federal court overruled the prior decision from the Trump administration.</p><p class='black-text'>The tension between birth control and President Trump evokes questions concerning the future of women's healthcare under the Trump administration. While it is just one component of healthcare reform, the new regulation of contraception and women's healthcare may undergo drastic changes in the near future. Moreover, the elimination of contraception and by extension, the Affordable Care Act, may lead to a more competitive healthcare insurance market that offers less preventative care for women.</p> http://www.pws.io/trumps-thirty-ninth-week-the-administrations-rocky-relationship-with-womens-healthcare Mon, 30 Oct 2017 12:57:49 -0400 Arlene Lormestoire Markets respond to tax reform update. http://www.pws.io/markets-respond-to-tax-reform-update <p class='black-text'>The markets sold off to start the week as news was released that the tax cut in the new tax reform bill would suggest that the tax rate be gradually cut over the coming years rather than instantly. This sent the <b>Dow 30</b> lower by 85, the <b>S&P 500</b> lower by 8, and the <b>Nasdaq 100</b> lower by 2, though earnings did also have an impact on the market performance today. Tomorrow it continues to be earnings season and that will be the main focus. Investors will also get a look at consumer confidence numbers which can be market moving.</p><p class='black-text'><b>Merck</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/MRK"><span style="color:#333">(</span><span style=";">MRK</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="MRK" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="MRK" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="MRK" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares plummeted to a new yearly low today after the pharmaceutical company announced it would be repealing its application for its cancer drug, Keytruda, in Europe. This sent shares down 6.06% today and now over 14% just in the last week. The drug accounted for over $1 billion in sales for Merck in the third quarter alone and the decision seemed to have analysts surprised. This led to a slew of downgrades on the stock, and there are likely to be more in the coming days. Shares are now at their lowest level since last May.</p><p class='black-text'><b>General Motors</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/GM"><span style="color:#333">(</span><span style=";">GM</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="GM" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="GM" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="GM" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> sold off another 2.84% today after a downgrade from Goldman Sachs. The company lowered its rating to sell and lowered their projected price target on the stock to $32. This suggests almost another 30% haircut for shares. Analyst David Tamberrino said that they expect the North American auto cycle to normalize over the next couple of years and offered a prediction of a <i>"downward inflection in GM earnings" </i>as part of the reason for the downgrade. Shares are still higher by over 20% since September but have sold off in the last few trading sessions.</p><p class='black-text'><b>Under Armour</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/UA"><span style="color:#333">(</span><span style=";">UA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="UA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="UA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="UA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was downgraded by Bank of America today but shares remained positive by 2.36%. The firm lowered its rating on the retailer to under perform and lowered its price target to $12 a share, suggesting another 20+% decline from here. Analyst Robert Ohmes cited a <i>"challenging environment for sales of athletic footwear and apparel in North America"</i> and also suggested that Under Armour would lower its fourth-quarter guidance. Shares have taken a hit this year and a miss on earnings could further fuel the bears wrath.</p> http://www.pws.io/markets-respond-to-tax-reform-update Mon, 30 Oct 2017 10:05:11 -0400 Dustin Tibbitts Plenty of IPO's to choose from this week. http://www.pws.io/plenty-of-ipos-to-choose-from-this-week <p class='black-text'>There are plenty of names on the IPO schedule this week, but there could be even more. As we near Thanksgiving there tends to be names that come out of the woodworks to launch before the holiday so expect to see extra, last minute additions.</p><p class='black-text'>The largest IPO of the week is out of Argentina. <b>Loma Negra</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/LOMA"><span style="color:#333">(</span><span style=";">LOMA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="LOMA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="LOMA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="LOMA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a leading producer of cement which claims to have 45% market share. They are looking for $751 million by offering 44.2 million shares at a range of $15 - 19. They hope to keep up with demand, and get their hands on some of the $155 billion government spending that is due over the next 10 years.</p><p class='black-text'><b>Evoqua Water Technologies</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AQUA"><span style="color:#333">(</span><span style=";">AQUA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AQUA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AQUA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AQUA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is up next with a $500 million offering. The Pittsburgh based company provides water treatment systems for drinking, industrial use, and recycled wastewater. Their offering 27.7 million shares at a range of $17 - 19. Debt is a concern here as the company currently has debt approaching $700 million.</p><p class='black-text'><b>Sentinel Energy Services </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/STNLU"><span style="color:#333">(</span><span style=";">STNLU</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="STNLU" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="STNLU" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="STNLU" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a blank check company that is hoping to raise $300 million to work their magic in the energy space. Offering 30 million shares at $10 the company, led by former big wigs at <b>Schlumberger </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SLB"><span style="color:#333">(</span><span style=";">SLB</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SLB" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SLB" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SLB" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will be looking for profitable ways to use this money specifically in the energy sector.</p><p class='black-text'><b>Altair Engineering</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/ALTR"><span style="color:#333">(</span><span style=";">ALTR</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="ALTR" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="ALTR" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="ALTR" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a "high-end enterprise-class engineering" software company looking for $144 million. The Michigan based company will offer 12 million shares at a range of $11 - 13. The company has a strategy of gaining increased revenue from existing customers rather than spend to acquire more which has led them to a net profit at this point.</p><p class='black-text'><b>Allena Pharmaceuticals </b>(NASDAQ" ALNA) is a smaller offering this week out of Massachusetts. The company develops enzymes for rare and severe metabolic and kidney disorders and will be looking for $80 million to continue these efforts in phase 3 trials. They will offer 5.3 million shares at a range of $14 - 16.</p><p class='black-text'><b>Funko </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/FNKO"><span style="color:#333">(</span><span style=";">FNKO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="FNKO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="FNKO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="FNKO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is a company that designs and sells pop culture products that it licenses from large media companies. The company has shown strong growth and hopes to continue this by raising $200 million. They will offer 13.3 million shares at a range of $14 - 16.</p><p class='black-text'><b>Spero Therapeutics</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SPRO"><span style="color:#333">(</span><span style=";">SPRO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SPRO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SPRO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SPRO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will be looking for $75 million this week by offering 5 million shares at a range of $14 - 16. The company develops treatments for drug resistant bacterial infections, but has struggled to show any real profit.</p><p class='black-text'><b>Aquantia </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AQ"><span style="color:#333">(</span><span style=";">AQ</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AQ" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AQ" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AQ" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is an ethernet provider out of California. They have sales of $94 million and are looking to improve on this by raising $75 million. They will offer 6.8 million shares at a range of $10 - 12.</p><p class='black-text'>Finally we have <b>ACM Research</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/ACMR"><span style="color:#333">(</span><span style=";">ACMR</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="ACMR" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="ACMR" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="ACMR" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> which sells cleaning equipment to semiconductor companies. They will be looking for $17 million by offering 2 million shares at a range of $7.50 - 9.50.</p> http://www.pws.io/plenty-of-ipos-to-choose-from-this-week Mon, 30 Oct 2017 03:13:46 -0400 Dustin Tibbitts How to handle a disaster move in your portfolio. http://www.pws.io/how-to-handle-a-disaster-move-in-your-portfolio <p class='black-text'>With monster moves coming from stocks this earnings season it's very likely that many investors find themselves on the wrong side of a strong move. Just take a look at a stock like<b> Amazon </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMZN"><span style="color:#333">(</span><span style=";">AMZN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMZN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMZN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMZN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. After absolutely crushing their earnings expectations the stock soared to new all time highs, up 15%. Did you see the drop from <b>General Electric</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/GE"><span style="color:#333">(</span><span style=";">GE</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="GE" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="GE" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="GE" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> after their announcement? Or how about <b>JcPennys</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/JCP"><span style="color:#333">(</span><span style=";">JCP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="JCP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="JCP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="JCP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>? There are many more to list, but how do you handle the shock if you find yourself in a trade that moves that sharply, and that fast in the wrong direction.</p><p class='black-text'>Many traders will say you should have stop losses in place, and sure those are fine to use as a backup but stop losses can cause more damage if there is a sudden move. If you set a stop market order, what happens if the stock gaps well beyond your trigger price? Now you have a stop executing at prices that are way worse than you would have hoped. If you had placed a stop limit order then your order would never have been filled and you are still stuck with the losing position.</p><p class='black-text'>The first approach these days is to keep your individual positions small enough to withstand this kind of move. Many investors today have the approach of making smaller returns from more positions rather than larger returns from less positions. This can be one simple way to weather a large disaster if it should happen.</p><p class='black-text'>Another, very popular method today is to use options in addition to using shares of stock. With the popularity of options in recent years, an investor can better prepare ahead of an earnings announcement, and maybe even make a little money for their efforts. If you find that the large move has already happened, you can still use options to help reduce losses, or even stop them all together.</p><p class='black-text'>While options are not for everyone, and it is by no means a magic bullet, it is still a way to find calm in the storm when your favorite stock treats you the wrong way.</p> http://www.pws.io/how-to-handle-a-disaster-move-in-your-portfolio Mon, 30 Oct 2017 03:13:37 -0400 Dustin Tibbitts Markets break records thanks to earnings. http://www.pws.io/markets-break-records-thanks-to-earnings <p class='black-text'>The markets roared to new record highs to wrap up the week as earnings from big tech names fueled another push by the bulls. The <b>Dow 30</b> was higher by 31, and the <b>S&P 500</b> added 20, but the <b>Nasdaq 100</b> was the focus of the day, adding 144 points, or 2.20%. Next week will be another big week for earnings and that should continue to be the major focus.</p><p class='black-text'><b>Amazon </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMZN"><span style="color:#333">(</span><span style=";">AMZN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMZN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMZN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMZN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was the talk of the street today as the stock blasted off 13.22% on much stronger than expected earnings. Analysts were pleased with just about all of the earnings release and many focused on different metrics. One metric that was repeated across the street today was growth in its cloud business. Amazon Web Services' revenue was higher by 42% from a year ago. There was great news all around the earnings release with 52 cents profit on revenue of $43.7 billion. One analyst wrote to his clients saying, Amazon's results were <i>"a Picasso-like quarter with the company handily beating all metrics across the board."</i> The move today pushed Amazon to new highs, and closer to the 50% gain mark for the year.</p><p class='black-text'><b>JCPenney</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/JCP"><span style="color:#333">(</span><span style=";">JCP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="JCP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="JCP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="JCP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> shares pushed to new lows today, losing 14.75% after the company lowered it's guidance for the third quarter. Announcements from the company said the lowered outlook is a result of its <i>"decision to focus on getting rid of slow-moving inventory." </i>Chief Executive Marvin Ellison wrote in a statement, <i>"We took the necessary steps to accelerate inventory liquidation primarily across all apparel divisions, which increases available funding to invest in new and trending merchandise categories." </i>The move today held back the sector as a whole, and shares of the retailer are now lower by over 64% on the year.</p><p class='black-text'><b>Tesla</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TSLA"><span style="color:#333">(</span><span style=";">TSLA</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TSLA" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TSLA" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TSLA" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> did not participate in the market rally today as a report surfaced from the Economic Daily News that Tesla is cutting orders for Model 3 parts from one Taiwanese supplier. The supplier, Hota Industrial Mfg. Co, blamed the cuts on a bottleneck in Model 3 production. Shares have been sliding lower as earnings approaches but still maintain a healthy gain on the year. Earnings are set for next Wednesday after the close.</p> http://www.pws.io/markets-break-records-thanks-to-earnings Fri, 27 Oct 2017 08:24:34 -0400 Dustin Tibbitts It just gets better at Amazon. http://www.pws.io/it-just-gets-better-at-amazon <p class='black-text'>Shares of <b>Amazon</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMZN"><span style="color:#333">(</span><span style=";">AMZN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMZN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMZN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMZN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> blasted well above the $1,000 a share mark Thursday after the close as the company reported earnings that were WAY beyond Wall Street expectations. Overall, Amazon had a net income of $256 million or 52 cents per share for the prior quarter. At the upper end analysts had expected 50 cents. Historically Amazon uses the third quarter to invest back in it's business and just about everyone had expected to see that eat into their profits.</p><p class='black-text'>Revenue was higher by 34%, handily beating the streets expectations. A whopping $43.47 billion was the final revenue number which was well past the $41.58 billion that was expected. Interestingly the company said that $1.3 billion of those sales came from the recent acquisition of Whole Foods. Mostly, the company attributed this good report to the success of "Prime Day" back in July. Though the amount of prime members is not reported by the company, they did say that those subscriptions grew by 59% year over year.</p><p class='black-text'>So all seems to be quite rosy for Amazon right now, so what's next? The company says they are working to make shopping easier for customers so they are not attracted to competitors that are getting better at playing the "Amazon game". One way they look to do this will be with a new service that starts next month calle Amazon Key. This is a service that will start in a few markets and let customers get packages delivered inside their front doors. The company will also look to improve on their space inside Kohl's stores where Amazon customers can come and return their purchases as well as buy the Echo devices. Lastly, the company will expand on it's locker offering at Whole Foods stores. Currently customers can come an pick up their packages and drop off returns in lockers.</p> http://www.pws.io/it-just-gets-better-at-amazon Fri, 27 Oct 2017 01:41:21 -0400 Dustin Tibbitts Markets higher on earnings announcements. http://www.pws.io/markets-higher-on-earnings-announcements <p class='black-text'>The markets were higher today as earnings continues to fuel this rally. The <b>Dow 30 </b>was higher by 71, the <b>S&P 500</b> added 3, and the <b>Nasdaq 100</b> lost 7. Earnings will be the continued focus as some big tech names are due to report after the close. Tomorrow investors will also get a look at GDP numbers which can be a market moving announcement.</p><p class='black-text'><b>Twitter </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TWTR"><span style="color:#333">(</span><span style=";">TWTR</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TWTR" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TWTR" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TWTR" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> was the talk of the street today as shares popped almost 20%. The social media platform announced third quarter results this morning which showed adjusted earnings of 10 cents a share on revenue of $590 million. Total monthly active users rose to 330 million, all of which impressed investors. These results show that Twitter is nearing a profit which many thought was not possible. Shares are now positive on the year by 24% thanks in large par to today's move.</p><p class='black-text'><b>Amazon</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AMZN"><span style="color:#333">(</span><span style=";">AMZN</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AMZN" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AMZN" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AMZN" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> will be one of the big focuses this afternoon as the company is set to release third-quarter earnings after the close. Spending will be a major focus as Amazon has a history of spending in the third quarter. Cost cutting to compete with rivals will be a major focus as well. Investors will want to see if this is eating into revenue at all or if customers continue to flock. As always, with retailers this time of year investors focus in on how companies feel about the upcoming holiday season. Positive comments could support higher prices.</p><p class='black-text'><b>Alphabet </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/GOOGL"><span style="color:#333">(</span><span style=";">GOOGL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="GOOGL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="GOOGL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="GOOGL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is another big name due to report earnings after the close and analysts expect a profit of $8.34 and sales of $21.95 billion. JPMorgan is on record stating that they expect above average results from the tech giant due to strength in mobile search and YouTube. Ad revenue is also a big factor and many are expecting to see $49.72 billion in mobile internet ad revenue in 2017 which would move the company to a market share of 35%. Shares were flat today ahead of the announcement.</p> http://www.pws.io/markets-higher-on-earnings-announcements Thu, 26 Oct 2017 08:54:33 -0400 Dustin Tibbitts Video game stocks are gaining traction http://www.pws.io/video-game-stocks-are-gaining-traction <p class='black-text'>The video game industry is currently undergoing major changes in its transition from consoles to various digital platforms. The gaming industry has been picking up recently as a result of the rising number of Internet <a href="http://www.wallstreetsurvivor.com/find-stocks/interest/games-stocks">users</a>. This has resulted in large gains for the industry. Goldman Sachs recently began to cover the video game industry and stated that it is "in the middle of a renaissance": global revenue is expected to hit $93.2 billion by 2019.</p><p class='black-text'>In particular, there are three gaming stocks that have been gaining traction this year. The first one is Activision Blizzard, Inc <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/ATVI"><span style="color:#333">(</span><span style=";">ATVI</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="ATVI" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="ATVI" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="ATVI" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>, maker of the popular games "Call of Duty" and "World of Warcraft." The shares of Activision Blizzard are up by 76.6% this year and the gaming giant reported about $1 billion from in-app <a href="http://www.investopedia.com/news/top-video-game-stocks-2017/">purchases</a>. According to Christopher Merwin from Goldman Sachs, earning from eSports are very likely to surpass those from Major League gaming and since Activision has looked into investing in eSports, this should greatly benefits the company's net earnings. Another stock which <a href="http://www.investopedia.com/news/top-video-game-stocks-2017/">has seen year-to-date gains</a> is Take-Two Interactive Software Inc. <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TTWO"><span style="color:#333">(</span><span style=";">TTWO</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TTWO" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TTWO" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TTWO" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>.</p><div class="image-holder"><img id="4885" alt="" src="//images4.paszport.ws/cached_images/bb90590851c107bf61ff0953519a23c4.jpg" /> <div class="copyright-holder">&copy; Tarcil Tarcil / Flickr.com</div> </div><p class='black-text'>Another way to invest in the winning industry is to buy stocks in consoles, the hardware and software that control games. The three biggest console makers are Sony <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SNE"><span style="color:#333">(</span><span style=";">SNE</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SNE" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SNE" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SNE" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>, Nintendo <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/NTDOY"><span style="color:#333">(</span><span style=";">NTDOY</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="NTDOY" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="NTDOY" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="NTDOY" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> and Microsoft <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/MSFT"><span style="color:#333">(</span><span style=";">MSFT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="MSFT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="MSFT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="MSFT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr>. Nintendo is the oldest of the three companies and it is also the only one that is solely a video game <a href="http://www.investopedia.com/articles/stocks/08/video-games-investing.asp">company</a>. Nintendo is also different from the others because one can buy shares through depository receipts (vs purchasing stocks in the foreign market) and its revenue and prices are directly linked to its performance in the video game market. While depository receipts allow U.S. investors to purchase shares in a more convenient and less expensive manner, they tend to be illiquid or trade only by institutional investors.</p><p class='black-text'>Don't forget that console producers game revenue from game sales, which is very much tied to the job of game developers. When purchasing stocks from game developers it is important to keep in mind that share prices of developers vary based on what is in demand in the market.</p><div class="image-holder"><img id="4886" alt="" src="//images.paszport.ws/cached_images/b1143b007f194eb5438fe36f1d275887.jpg" /> <div class="copyright-holder">&copy; Kuba Bo┼╝anowski / Flickr.com</div> </div><p class='black-text'>However, there are still skeptics of the video game stocks. In their report, analysts at Cowen & Co. found that growth expectations for Activision, Take-Two and French game publisher Ubisoft Entertainment SA (OCTMKTS: UBSFY) are "highly unrealistic". Cowen analyst Doug Creutz believes that "the video game stocks are heading into choppy waters" and that "Implied buy-side expectations for next year suggest a level of aggregate growth that we think is highly <a href="http://www.investopedia.com/news/video-game-stocks-looking-choppy-cowen/">unrealistic.</a>" Additionally, Creutz reported that as game companies are beginning to engage their audiences for longer periods of time (thus generating more revenue per game sold), consumers are becoming even more selective in the games they choose to play.</p><p class='black-text'>This trend narrows the number of successful games that are out on the market. As the gaming industry is currently in a state of transition it is quite reasonable for there to be disagreements in the direction that it will go. However, it is important to keep an eye out for the top video game stocks in order to best predict their future.</p> http://www.pws.io/video-game-stocks-are-gaining-traction Wed, 25 Oct 2017 10:02:06 -0400 Karina Petrunova UK Inflation at a record 5-year high http://www.pws.io/uk-inflation-at-a-record-5-year-high <p class='black-text'>In the United Kingdom in September, inflation levels rose to a five-year high of 3%. This level of inflation far exceeded wage increases. These inflation levels, as reflected in the rising of the Consumer Price Index, make it more likely that the Bank of England will increase its "benchmark interest rate" from the current 0.25%, in October.</p><p class='black-text'>Given the rise of inflation and lack of corresponding rise in wage increase, consumers are faced with the difficulty of making their limited money stretch go even farther than before. According to the Office for National Statistics, food and transportation costs are the primary culprit for driving inflation.</p><p class='black-text'>In contrast to the 3% inflation level, the level at which wages rose was 2.1% annually in the three months to July 2017. This meant that workers are currently dealing with the value of their pay packages decrease, in "<a href="http://www.independent.co.uk/news/business/news/uk-inflation-latest-updates-five-year-high-3-per-cent-economy-pound-sterling-prices-income-a8004386.html">real terms</a>." Similarly, businesses also feel the squeeze. The Retail Price Index inflation, which is used to set business rates next year, was 3.9%, as of September 2017.</p><div class="image-holder"><img id="4795" alt="" src="//images2.paszport.ws/cached_images/edc937279e4fcc8983c4cdf109103c2b.jpg" /> <div class="copyright-holder">&copy; melis / bigstockphoto.com</div> </div><p class='black-text'>After June 2016's Brexit vote, inflation has sharply increased. The value of the pound has visibly fallen, in comparison to other major currencies. As a result, the price of British imports have risen. Unfortunately, while some analysts have posited a "counterbalancing rise in exports" to help ameliorate the effect of the depreciated pound, this has not occurred. Increasing inflation in September 2017 was also partially the product of rising oil and fuel prices.</p><p class='black-text'>Increases in inflation also creates an impetus for the Bank of England's Monetary Policy Committee to increase its benchmark interest rate in November. Interest rates are likely to rise correspondingly, over the next few months, to "<a href="http://www.independent.co.uk/news/business/news/uk-inflation-latest-updates-five-year-high-3-per-cent-economy-pound-sterling-prices-income-a8004386.html">curb inflation</a>." This rise in interest rates will be the first time that the cost of borrowing will rise, in a decade.</p><div class="image-holder"><img id="4796" alt="" src="//images3.paszport.ws/cached_images/36c5f2ffefa721fa748ba100feb5ddb1.jpg" /> <div class="copyright-holder">&copy; route66 / bigstockphoto.com</div> </div><p class='black-text'>An increase in interest rates means bigger returns for savers. But it also means higher costs for mortgage borrowers. Increasing interest rates also presents the danger of "choking off all overall economic growth," when Brexit has already increased Britain's climate of political uncertainty, a factor that typically results in saving, rather than spending, as a precautionary means.</p><p class='black-text'>With the depreciation of the pound and the resulting rise in the price of goods, the question of consumer spending has become very important. While experts acknowlege that consumer spending is "remarkably resilient" before inflation and weak wage growth, it often takes a long time before the effects of a "squeeze" on household budgets (or a "cost of living crisis") <a href="http://www.independent.co.uk/news/business/news/uk-inflation-latest-updates-five-year-high-3-per-cent-economy-pound-sterling-prices-income-a8004386.html">can be felt.</a> Fortunately, in Britain, employment is high and borrowing costs low, for the time being. However, the inflation figure means that 10.5 million households must face losing an average of 450 pounds annually in their benefits, as the British government sustains its four-year payment freeze.</p> http://www.pws.io/uk-inflation-at-a-record-5-year-high Wed, 25 Oct 2017 09:58:46 -0400 Marisa Liu $4 Trillion Hole in the Bond Market http://www.pws.io/4-trillion-hole-in-the-bond-market <p class='black-text'>Financial institutions in developed economies drastically diminished the number of bonds they issued, after the global financial crisis. This decrease was roughly 4 trillion dollars. The decrease in bonds was necessary, as the financial institutions' balance sheets shrank, after regulations began piling up post-crisis.</p><p class='black-text'>To add insult to injury, the supply of mortgages that had been regularly securitized into asset-backed bonds contracted. Securitization is the process by which an issuer creates a financial instrument by combining existing financial assets, and marketing different tiers of repackaged instruments to investors. It is a process that promotes marketplace liquidity.</p><p class='black-text'>The bond market is a financial market where participants are issued and may trade debt securities. These securities are issued by the government, or are corporate debt securities. The securities facilitate capital transfers from savers to those who issue them. Otherwise, they facilitate capital transfers to organizations that need it for government projects, expanding business, and <a href="http://www.investopedia.com/terms/b/bondmarket.asp">other ongoing operations</a>.</p><p class='black-text'>People go to the stock market to buy and sell equity securities, like common stocks and derivatives. In contrast, people go to the bond market to buy and sell debt securities. Investing in the bond market is typically less risky, as the bond market is much less volatile. Bond prices fluctuate on the open market, in response to its supply and demand.</p><div class="image-holder"><img id="4820" alt="" src="//images4.paszport.ws/cached_images/ae040c9db3b3585c8cb199037fa8a461.jpg" /> <div class="copyright-holder">&copy; maxpixel.freegreatpicture.com</div> </div><p class='black-text'>The global crisis created a hugely negative supply shock (i.e., it diminished the supply of bonds, resulting in a sudden price change). Simultaneously, the demand for fixed-income securities remained stable. Fixed income securities, a.k.a. bonds or money market securities, are loans made by investors to government or corporate borrowers. The diminishing supply of bonds and sustained demand for bonds resulted in an increasing shortage, which in turn created a yield squeeze that lasted nearly a decade. Experts predict that this compression may begin to let up, beginning in 2018.</p><p class='black-text'>"Yield" is defined as the income return on an investment, like the interest or dividends received from holding a particular security. Because securities can fluctuate in their value, yields may be considered either "known" or "anticipated." Often, the higher the risk of an investment, the higher the associated yield potential.</p><p class='black-text'>After the 2008 global recession, the market for financial company debt securities in the Group of Seven nations shrank and flattened out. But sustained demand for fixed income securities among mutual funds, pensions and insurance companies allowed non-financial companies to increase their issuance of debt securities. As a result, bond yields are historically low. One example of this is the quantitative easing program by the Federal Reserve, European Central Bank, and the Bank of Japan that burned through approximately $14 trillion in assets.</p><div class="image-holder"><img id="4819" alt="" src="//images1.paszport.ws/cached_images/20d6a1b8836834f616f1e1c2d1cdf908.jpg" /> <div class="copyright-holder">&copy; Open Grid Scheduler / Grid Engine / Wikimedia Commons</div> </div><p class='black-text'>Another reason for the historic low in bond yields currently is the effective shortage of safe-haven investments. Safe-haven investments are defined as investments that are expected to retain their value or increase, in turbulent markets. Because emerging markets are generating more amounts of wealth, but still fail to produce assets that global investors consider to be on-par to developed-nation government bonds, safe-haven investments are in short order. Yet another reason for the globally low yields could be due to low inflation rates.</p><p class='black-text'>Through 2007, 10-year US Treasury yields averaged 4.85 percent. Since the beginning of 2009, however, they've averaged "just 2.46 percent" which has given investors the incentive to look elsewhere for higher rates. But now, financial institutions are beginning to issue more again and stabilizing their supply of securities to the market.</p> http://www.pws.io/4-trillion-hole-in-the-bond-market Wed, 25 Oct 2017 09:57:24 -0400 Marisa Liu What is causing the decreasing oil prices? http://www.pws.io/-1-2-3-4-5-6-7-8 <p class='black-text'>The recent development of electric vehicles (EV) could result in oil prices crashing to $10 per barrel as a result of global peak oil demand in the upcoming years. With 70% of oil being used for transportation, it is possible for prices to drastically decrease somewhere around 2023-2025.</p><p class='black-text'>Chris Watling, CEO and chief market strategist at Longview Economics commented that although "We used to talk about peak oil in terms of supply, we now need to talk about peak oil in terms of<a href="https://www.usatoday.com/story/money/energy/2017/10/19/mass-ev-adoption-could-lead-10-oil/780876001/"> demand</a>." Another catalyst for the declining oil prices would be Saudi Amacro's planned IPO next year (which is set to be the biggest initial public offering yet). However, reports show that the IPO could possibly be delayed until<a href="http://www.businessinsider.com/why-saudi-arabia-aramco-delayed-ipo-2017-9"> 2019</a>.</p><p class='black-text'>Also, the IEA published an Oil Market Report where indicators suggested that the oil market has made huge advances in rebalancing itself. The IEA also sees Saudi Arabia and Russia bond as a sign that this will strengthen the oil, gas, and renewable energy market. The world's two largest oil producers have announced a $1 billion fund to invest in energy projects. Ian Taylor, CEO of Vitol Group, believes that the price of the Brent barrel (the world's top crude trader) will fall almost $14 down to $45/barrel in 2018.</p><div class="image-holder"><img id="4812" alt="" src="//images3.paszport.ws/cached_images/db1a37867fd1cca06d1f69a1b26643c6.jpg" /> <div class="copyright-holder">&copy; Quality Stock Arts / bigstockphoto.com</div> </div><p class='black-text'>As the US is steadily increasing its oil production (with an average of 8.946 million bpd in January), we can expect to see another wave of investment in US <a href="https://oilprice.com/Energy/Oil-Prices/The-Worlds-Top-Crude-Trade-Sees-Brent-Crashing-To-45.html">shale</a>. Ultimately, this spike in production could result in a decrease of oil prices to a level that has not been seen since 2015. Another factor which could potentially cause oil prices to decrease is that the U.S. dollar is rising. Republicans in the Senate recently approved a 2018 budget resolution backed by President Donald Trump which will cap a 10-year deficit hike at $ 1.5 trillion. This definitely helped improve the value of the US dollar which influenced internationally traded commodities such as gold and crude oil.</p><p class='black-text'>There is currently no guarantee that prices will continue decreasing (without ever going up) but these trends do point to the fact that oil prices may continue to decrease as a result of the large supply.</p> http://www.pws.io/-1-2-3-4-5-6-7-8 Wed, 25 Oct 2017 09:51:15 -0400 Karina Petrunova The True Cost of Pollution http://www.pws.io/the-true-cost-of-pollution <p class='black-text'>In 2015, the various forms of pollution were estimated to have killed 9 million people, while wreaking total economic damages of $4.6 trillion. As such, researchers are currently working to draw global attention to the health costs of toxic air, water, and soil.</p><p class='black-text'>Pollution takes an economic toll in the following manner: illness and death caused by pollution negatively impact productivity. As a result of this, economic output of underdeveloped nations can diminish by as much as <a href="https://www.bloomberg.com/news/articles/2017-10-19/pollution-s-annual-pricetag-4-6-trillion-and-9-million-dead">1% to 2% annually</a>.</p><p class='black-text'>Here, scientists and politicians disagree. Whereas scientists unequivocally believe that controlling pollution is a highly advantageous endeavor for all societies, politicians have a more difficult time translating that fact into action, given the myriad of "<a href="https://www.bloomberg.com/news/articles/2017-10-19/pollution-s-annual-pricetag-4-6-trillion-and-9-million-dead">powerful vested interests" they must navigate</a>. Such vested interests are typically big businesses, which do their best to generate doubt about science, and paralyze governments' efforts to establish standards, taxes, and laws that seek to utilize the scientific findings.</p><div class="image-holder"><img id="4809" alt="" src="//images4.paszport.ws/cached_images/b913c16aaffcd793b74e7e5a7932204a.jpg" /> <div class="copyright-holder">&copy; Rudra Narayan Mitra / bigstockphoto.com</div> </div><p class='black-text'>Fortunately, some leaders are moving in the right direction by directing national attention to the environment, as opposed to the economy. One such leader includes Chinese President Xi Jinping. In China, roughly 20% of all deaths can be attributed to pollution, with India and Bangladesh's percentage even higher. In the US however, under 6% of all deaths are due to pollution. The different kinds of pollution include airborne pollution, smog, contaminated water, soil, and occupational exposures to chemicals. Furthermore, pollution-related diseases tend to disproportionately afflict children, and the poor.</p><p class='black-text'>Historically, the US is one example of a nation that successfully improved its economic standing, after taking measures to cut back on pollution. After Nixon signed the Clean Air Act in 1970, American GDP has increased by 250%, while common air pollutants have decreased by 70%.</p><div class="image-holder"><img id="4807" alt="" src="//images2.paszport.ws/cached_images/0a2c30081b9fa452989d60086808cb97.jpg" /> <div class="copyright-holder">&copy; paul prescott / bigstockphoto.com</div> </div><p class='black-text'>Just as the negative health effects of certain kinds of pollution can be long-term, so too are their impacts on future generations. For example, the burning of leaded gas releases lead into the air, which can be inhaled by children, who then may suffer cognitive impairment, growing into comparatively disadvantaged adults who would then be unable to reap as many economic benefits over the course of their lifetimes.</p><p class='black-text'>But currently, nations uphold economic systems that view both natural resources and human capital as "<a href="https://www.bloomberg.com/news/articles/2017-10-19/pollution-s-annual-pricetag-4-6-trillion-and-9-million-dead">abundant and expendable</a>." By that same measure, those who plunder these resources do so with little concern for the consequences of their actions. Furthermore, the benefits that are gained from widespread pollution are concentrated only among a "small group of industries that don't bear <a href="https://www.bloomberg.com/news/articles/2017-10-19/pollution-s-annual-pricetag-4-6-trillion-and-9-million-dead">the external costs of their activities</a>."</p><div class="image-holder"><img id="4806" alt="" src="//images4.paszport.ws/cached_images/f55ee0b5e35e5014e19f35489db850fb.jpg" /> <div class="copyright-holder">&copy; Tom Wang / bigstockphoto.com</div> </div><p class='black-text'>According to the Lancet Commission, pollution's death toll reduced a nation's GDP by "up to 2% in low-income countries, and in smaller degrees <a href="https://www.bloomberg.com/news/articles/2017-10-19/pollution-s-annual-pricetag-4-6-trillion-and-9-million-dead">farther up the income scale</a>." Economists have now placed a pricetag on pollution, by asking people how much they would pay to avoid premature death by pollution. In total, the sum of the money that people were willing to pay was equal to $4.6 trillion, but even this disregards the price of treating non-death inducing illness caused by pollution. Furthermore, it disregards all of the yet-unknown health dangers created by pollution, for which scientists have not yet reached a conclusion.</p><p class='black-text'>Notably, as bigger companies in the industries that pollute the heaviest have increased their environmental awareness, the smaller, local companies in developing nations have been more resistant. Because the people who run these companies aim to simply make a living, they are less inclined to adapt their methods in accordance to an agenda tailored to maximize the benefit of the global community.</p> http://www.pws.io/the-true-cost-of-pollution Wed, 25 Oct 2017 09:36:52 -0400 Marisa Liu Is there a change in the markets? http://www.pws.io/is-there-a-change-in-the-markets <p class='black-text'>The markets find themselves a little shaky at highs. While the <b>S&P 500</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/SPY"><span style="color:#333">(</span><span style=";">SPY</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="SPY" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="SPY" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="SPY" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> remains just off all time highs, the trading activity this week has been just a little more volatile than weeks past. Earnings, and news of tax reform along with continued political infighting causes investors to be just a little more concerned this week. The SPY is slightly lower on the week, but still remains in a strong and consistent up trend.</p><p class='black-text'>The <b>Nasdaq 100 </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/QQQ"><span style="color:#333">(</span><span style=";">QQQ</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="QQQ" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="QQQ" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="QQQ" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> is also slightly lower with some weakness across the board in tech stocks. The popular ETF is still quite strong and just off all time highs, but volume has picked up a touch and remains just above average compared to recent weeks.</p><p class='black-text'>The <b>metals and mining </b>space <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/XME"><span style="color:#333">(</span><span style=";">XME</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="XME" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="XME" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="XME" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has broken out this week. Moving just out of a two month range, the XME continues it's push higher on above average volume. Tuesday's breakout added another 1.5% to the ETF which now shows a gain of almost 9% on the year. Technical traders have been attracted to the "flagging" pattern which is a common pattern that projects prices to be higher in the near term.</p><p class='black-text'><b>Volatility </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/VXX"><span style="color:#333">(</span><span style=";">VXX</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="VXX" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="VXX" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="VXX" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has also seen an uptick as general concerns continue to cause action by all. Though the VXX has added around 1.5% so far this week, it is considered to be at historical lows. This has many traders content but not yet concerned.</p><p class='black-text'><b>Bonds </b>continue their selloff this week following last week's decline. Since hitting a high at the beginning of September the TLT <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/TLT"><span style="color:#333">(</span><span style=";">TLT</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="TLT" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="TLT" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="TLT" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has lost around 5% and now finds itself at the 200 day moving average where it held on Tuesday. While volume has been around average, there have been days of increased selling pressure and volume.</p><p class='black-text'>Finally the <b>Dollar </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/UUP"><span style="color:#333">(</span><span style=";">UUP</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="UUP" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="UUP" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="UUP" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> has pushed back to recent highs as it continues to try and move out of it's year long downtrend. Prices are currently hovering at three month highs, leading traders to think that the greenback is headed back to the 200 day moving average.</p> http://www.pws.io/is-there-a-change-in-the-markets Wed, 25 Oct 2017 09:34:41 -0400 Dustin Tibbitts Markets take a day off from hitting highs. http://www.pws.io/markets-take-a-day-off-from-hitting-highs <p class='black-text'>The markets sold off today, giving back all the gains from last weeks tax reform announcement. The <b>Dow 30</b> sold off 112, the <b>S&P 500</b> lost 11, and the <b>Nasdaq 100</b> lost 34 on the day. Tomorrow the focus will continue to be on individual names as they report their earnings, along with unemployment claims due out in the morning.</p><p class='black-text'><b>Chipotle </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/CMG"><span style="color:#333">(</span><span style=";">CMG</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="CMG" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="CMG" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="CMG" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> sold off 14.58% today after the company announced third quarter results that disappointed Wall Streets expectations. Chipotle's earnings per share came in at $1.33 on revenue of $1.13 billion versus expectations of $1.63 and sales of $1.14 billion. To add insult to injury the company also announced that their same store sales only grew by 1% versus analysts' expectations of 1.2%. The CEO of Chipotle, made an effort to put a positive spin on the disappointing quarter by saying, <i>"Despite several unusual impacts during the quarter, including the impact of hurricanes, we maintained our focus and saw some encouraging signs. Our leadership remains focused on setting the foundation for future growth, and we are confident in our teams' ability to deliver against those plans." </i>Investors were not so positive however as shares pushed to new lows, having their worst day in over five years.</p><p class='black-text'><b>Visa</b> <nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/V"><span style="color:#333">(</span><span style=";">V</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="V" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="V" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="V" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> also announced their earnings but impressed the street. Shares of the company were higher today by 1.00%, hitting new highs as the company announced an 11% jump in fourth-quarter profit. They attributed this to its acquisition of Visa Europe. The company reported earnings per share of 90 cents on revenue of $4.86 billion. Another metric that was commented on were payment volume, which was higher by 9.8% during the quarter. Shares are now higher by 40% on the year.</p><p class='black-text'><b>Apple </b><nobr><span style="white-space: nowrap; display:inline-block"><a href="http://www.pws.io/stock/AAPL"><span style="color:#333">(</span><span style=";">AAPL</span>&nbsp;<span class="updatable-ticker text alert" data-symbol="AAPL" data-type="direction_class" data-up="success" data-down="alert"><i data-symbol="AAPL" data-type="direction_class" data-up="fa-arrow-up" data-down="fa-arrow-down" class="updatable-ticker fa"></i>&nbsp;<span class="updatable-ticker" data-symbol="AAPL" data-type="changePercent"></span></span><span style="color:#333">)</span></a></span></nobr> made headlines today as the company announced its acquisition of wireless charging company PowerbyProxi, a New Zealand based firm focused on developing wireless charging. The most recent iPhones now include wireless charging capabilities. Shares have been mixed as of late as investors await their earnings announcement on November 2nd.</p> http://www.pws.io/markets-take-a-day-off-from-hitting-highs Wed, 25 Oct 2017 08:11:18 -0400 Dustin Tibbitts