UVXY hasn’t had a very good 2017, which is being polite. At least one trader thinks UVXY will not be gaining any of the losses back next week. With 2 minutes left in the day and UVXY at 10.10 a trader sold 600 UVXY Dec 29th 10.00 Calls for 0.43 and then purchased 600 UVXY Dec 29th 12.50 Calls for 0.14 taking in a credit of 0.29. http://www.cboe.c…[Read more]

“Tony Dwyer of Canaccord Genuity, making a blanket assumption that all sectors will have a 21 percent effective rate, pencils in an 8.8 percent boost to his 2018 estimates, to a whopping $159 – all told, a 17 percent rise in earnings over expected 2017 results. Dwyer plugs in a 20 price-to-earnings multiple to arrive at an S&P 500 price target o…[Read more]

Shares of Bed Bath & Beyond initially rose more than 5% late Wednesday after the retailer reported third-quarter per-share earnings above Wall Street expectations and comparable-store sales that declined less than forecasts. Shares later turned lower. Bed Bath & Beyond said it earned $61.3 million, or 44 cents a share, in the quarter, compared…[Read more]

It’s important to understand that for each of the categories IDC reports and tracks sales shipments, they have always been found in error with their forecasting and forced to revise in perpetuity. But for what it’s worth… https://www.idc.com/getdoc.jsp?containerId=prUS43408517

https://finance.yahoo.com/news/why-keep-j-c-penney-110108044.html

Great information and insight into what the analysts are thinking about so far as what will drive markets in 2018 https://www.marketwatch.com/story/wall-street-expects-bull-market-to-make-history-in-2018-2017-12-18

Nice upgrade finds TWTR shares sharply higher in pre-market https://thefly.com/landingPageNews.php?id=2656263&headline=TWTR

JPMorgan analyst Doug Anmuth upgraded Twitter to Overweight and raised his price target for the shares to $27 from $20. The stock closed Friday down 35c to $22.23. The analyst calls Twitter one of his top smid-cap ideas for…[Read more]

After falling short of estimates in the first two quarters of the year, JCP surprised with a strong end to the Q3 period. They even surprised themselves after warning investors leading up to the Q3 ER. Retail sales have had a robust start to the holiday shopping season leading many to believe that brick & mortar is making a rebound.

https://www.youtube.com/watch?v=xFVjzIWiP6g&t=837s

I’m of the opinion that passage will occur, but it may take longer than anticipated and revolve around more intense negotiations that find equal benefits across the income brackets. The present Bill is heavily loaded toward corporate tax benefits and higher income brackets. Without Democrat support the path to passage can only be found by losing…[Read more]