A big horizontal breakout and rising large players volume suggests a lot of people with a lot of money are buying this stock. CKO Kickboxing will now be offered at Madison Square Garden. Owning this stock is like owning a little bit of various sporting teams. I'm going to go running with the Bulls in this stock and chase it higher on the channel breakout.
Everyone is going crazy about this article I wrote on Cellectis. I've got comments from people telling me to mortgage my house and park a truck-load of money into this company. Calm down everyone. Cellectis is years away from and kind of FDA approval of their UCAR T-cell therapy. There's plenty of time to be calm and not chase this stock higher.
Quality large cap stocks are the name of the game in the Ishares MSCI USA Quality Factor ETF. In some ways this is the ultimate monopoly ETF that you can play on the increasing consolidation across major technology companies. If Republicans get their way, the government is not going to be breaking up these monopolies in the next 4 years and so big money is moving into these corporations.
There's an interest strategy being floated around that attempts to profit off the coming tax cuts from Republicans. The idea is to buy stock in the companies that pay the highest tax rate before a tax cut plan is passed. The logic is that when the tax cuts do eventually come, it will result in an earnings revision upgrade which should push the stock higher.
Just when you thought that Nvidia stock couldn't go any higher... Toyota announces a major chip agreement with the company. Who knew that video card processing would become the backbone of bitcoin mining and now the automotive IoT industry? Any pullback in Nvidia is worth taking a swing long entry IMO. This company is a beast that never quits.
More bank stocks than ever are looking like compelling trades. Everything changed for banks after the stress tests a few weeks ago and the Federal Reserve allowing banks to increase share buybacks and dividends.
Financial stocks and in particular banking stocks, are looking stronger. You have raising rates, less regulations, and increase in share buybacks and dividends that are all acting as a tail-wind for banking stocks.
Novartis is going to be the first company to get FDA approval on a CAR T therapy. The actual FDA approval is likely to come by October 2017. Novartis is running with the lead CAR T therapy pack in this exciting new medicine that opens up a whole new way of battling cancer.
Cybersecurity is a rapidly growing industry. Today, both small and large businesses use cybersecurity software to protect their valuable data. Symantec has been at the forefront of the cybersecurity trend for decades and their stock is looking bullish.
Is Wedbush drinking the Kool-Aid on Amazon? I'm thinking Amazon is hell-bent on taking over the world. One day, Amazon stock could be worth more than Berkshire Hathaway if the government doesn't slap an antitrust suit against the company. It's a pretty good bet that Republicans are not going to lead the charge on that one and so Wedbush could be right in their prediction.