Spark Energy has had heavy insider buying over the last few weeks. The Director Maxwell W Keith III bought $273,564 worth of stock on November 23, 2016. Two days earlier, on November 21, 2016, Vice President and General Counsel Melman Gil bought $14,922 worth of stock.
Spark Energy operates as an independent retail energy services (Read More….)
Black Friday sales hit an all-time high record of $3.34 billion or 21.6% growth year-over-year. Mobile accounted for $1.2 billion of those sales, a 33% increase from the previous year. TechCrunch writes…
Combined with yesterday’s $1.93 in online sales on Thanksgiving, the two days are expected to close out at nearly $5 billion in sales. (Read More….)
Franklin Financial Network provides various banking and related financial services to small businesses, corporate entities, local governments, and individuals.
Franklin Financial Stock Chart
Chart Comments: Testing previous resistance at around $38. Inverted hammer with long upper shadow is bearish and may indicate a pullback is coming. Wait for close above $38 before long entry. (Read More….)
Hope Bancorp’s stock chart looks like a sweet entry off a long lower shadow hammer flush off the 200 day moving average.
The stock trades at a hot P/E ratio of 13.6 and a forward P/E ratio of 11.3.
The annual EPS growth for the last five years is an incredible +42.2%. Annual revenue (Read More….)
The Hain Celestial Group has a nice looking technical chart pattern of a rising Twiggs Money Flow while the stock has been basing.
For the last 5 years, both earnings and revenue have been rising. The stock trades at a P/E ratio of 18.25
Disclosure: I do not hold any position in HAIN.
The Shiller P/E ratio has hit its highest level since October 2007 and the start of the last bear market.
The last time the Shiller P/E was above 27 was in October 2007, the start of the last bear market.
Robert Shiller, the creator of the Shiller P/E ratio, warns people not to use (Read More….)
AES Corporation has landed two big energy storage projects from SDG&E.
Utility Dive writes…
If there is a silver lining to California’s massive Aliso Canyon methane leak, it could be for energy storage projects.
The leak has led to plans for the fast track authorization of two energy storage projects totaling 37.5 MW (150 MWh) (Read More….)