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Market News

Location American Market News for 8 February 2017

Gilead's Boom Fades and Bust Will Linger

Wall Street Journal - 8 Feb 2017 18:49
Company's great success with hepatitis drug says a lot about drug pricing and risk for the future.
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SoftBank's Fantastical Future Still Rooted in the Now

Wall Street Journal - 8 Feb 2017 16:02
SoftBank founder Masayoshi Son loves to talk about centuries in the future. But the company has issues to deal with today.
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Market round-up: Income gap among E7 and G7 to stay even by 2050 Emerging markets are projected to close the income gap gradually over time, but full convergence of income levels across the world is likely to take until well beyond 2050
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H & R Block Enters Oversold Territory

Forbes - 8 Feb 2017 23:25
H & R Block Enters Oversold Territory In trading on Wednesday, shares of H & R Block, Inc. (NYSE: HRB) entered into oversold territory, hitting an RSI reading of 29.9, after changing hands as low as $20.81 per share.
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How To Maximize Biotech Returns Under Donald Trump Todd Hagopian has been watching President Trump's first weeks in office to determine how Trump will affect Biotech stocks. I've asked Todd to tell us which areas of Biotech look the most attractive to him under Trump's A...
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Which Is Better For Your Retirement: Verizon Or AT&T However, the leading challenger to AT&T in the telecom sector, Verizon (NYSE:VZ) is well on its way toward recognition as a dividend aristocrat. Verizon is the better choice for those in search of a single telecom compon...
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Gannett Passes Through 7% Yield Mark

Forbes - 8 Feb 2017 22:16
Gannett Passes Through 7% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Gannett Co Inc (NYSE: GCI) were yielding above the 7% mark based on its quarterly dividend (annualized to $0.64), with th...
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Grab This Bargain Even Cheaper Than Director Ralph Did In trading on Wednesday, bargain hunters could buy shares of Delta Air Lines Inc (NYSE: DAL) and achieve a cost basis 2.7% cheaper than Ralph, with shares changing hands as low as $47.73 per share.
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Wednesday Sector Leaders: Utilities, Services Looking at the sectors faring best as of midday Wednesday, shares of Utilities companies are outperforming other sectors, up 0.6%.
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Trump Is Bullish For Gold, Not Bearish -- The Market Got It Right The First Time There is a big difference between a Republican administration that is focused on tax and regulation than one that is focused on trade and immigration. The former is bearish for gold--the latter is bullish.
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A rapid increase in assets held by investors concerned with environmental and other issues could blunt the economic impact of the Trump administration's deregulation push.
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Viacom Turnaround: Quality Trumps Quantity

Wall Street Journal - 8 Feb 2017 20:55
Viacom's turnaround plan makes sense, but its ability to execute the plan in time for its next round of fee negotiations remains in question.
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Four Biotech Stocks Breaking Out

Forbes - 8 Feb 2017 20:49
Four Biotech Stocks Breaking Out Biotech stocks continue to dominate our charts to watch.
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The Unlikely Winners of the US-Mexico Trade War, Round 1

Wall Street Journal - 8 Feb 2017 20:32
Donald Trump's rhetoric on Mexico has so far benefited the companies he plans to punish.
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Snap's Negative Profitability And Questionable Disclosure Practices Plague IPO A closer look at Snap's S-1 reveals that Twitter, not Facebook, is the only comp that makes sense given Snap's negative profitability, nosebleed valuation, and questionable disclosure practices.
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While complexity mathematics and information theory may be relatively new, the general concepts contained in them were well known to previous generations of economists dating back to Adam Smith.
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Oversold Conditions For EnCana

Forbes - 8 Feb 2017 19:11
Oversold Conditions For EnCana In trading on Wednesday, shares of EnCana Corp (Toronto: ECA) entered into oversold territory, hitting an RSI reading of 29.96, after changing hands as low as $15.20 per share.
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Oversold Conditions For AMC Entertainment Holdings In trading on Wednesday, shares of AMC Entertainment Holdings Inc. (NYSE: AMC) entered into oversold territory, hitting an RSI reading of 24.1, after changing hands as low as $30.80 per share.
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Relative Strength Alert For Ritchie Bros Auctioneers But making Ritchie Bros Auctioneers Inc an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of RBA entered into oversold territory, changing hands as low as $30.905 per ...
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Relative Strength Alert For Gilead Sciences But making Gilead Sciences, Inc. an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of GILD entered into oversold territory, changing hands as low as $65.75 per share.
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Schlumberger Shares Enter Oversold Territory In trading on Wednesday, shares of Schlumberger Ltd. (NYSE: SLB) entered into oversold territory, changing hands as low as $79.52 per share.
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Vermilion Energy Stock Getting Very Oversold In trading on Wednesday, shares of Vermilion Energy Inc. (NYSE: VET) entered into oversold territory, changing hands as low as $38.23 per share.
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