Author Archive: Jeremy Parkinson
Altice Is Wired To Soar Ahead Of Quiet Period Expiration
Overview The quiet period for the Altice (ATUS) IPO is scheduled to expire on July 17, 2017. Beginning on July 18, 2017, the company’s underwriters will be able to release recommendations and reports about the company. This is according to SEC guidelines. We believe that the release of the reports could result in a temporary boost in […]
Morgan Stanley Sees Tesla As ‘Expensive Call Option’ On Next-Gen Transportation
Following the recent pullback in Tesla (TSLA) shares, Morgan Stanley analyst Adam Jonas revisited his thoughts on the stock and concluded that, at current valuation, Tesla remains “a rather expensive call option” on the addressable markets of next-generation transportation and energy. With protectionism an increasing worry as Tesla threatens to “flood” international markets with its […]
Declining Channel Remains Intact
The rally took stocks right up to the 20-day moving average before selling off at the close. For the past couple of weeks that 20-day moving average has been an absolute pest to the S&P 500 and traders as a whole. Today it kissed the MA and then sold off hard right thereafter into the […]
PepsiCo (PEP) Tops Q2 Earnings & Revenue Estimates
PepsiCo, Inc. (PEP – Free Report) is one of the largest food and beverage business in North America and the second largest in the world. The company boasts a diverse portfolio, both geographically and product wise. Its principal brands/businesses include: Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and Quaker foods. The company has the competitive advantage […]
MyoKardia Brings Hope To Hypertrophic Cardiomyopathy Patients
Written by Dan Cohen and Scott Matusow Currently, we are in the midst of a dramatic shift in the field of biotechnology and the Stock Market is beginning to take notice, as evidenced by the recent surge in the iShares Nasdaq Biotechnology (IBB ) and SPDR S&P Biotech ETF’s (XBI). Significant improvements in computational and genomic tools have […]
Morgan Stanley Slashes SNAP Price Target To $16 From $28 After Sub-IPO Plunge
Just hours after Snap(chat), or rather its shareholders, were gravely injured when the stock tumbled below its IPO price, one of the company’s IPO underwriters Morgan Stanley decided to add some insult, when its analyst Brian Nowak downgraded the social network, or photo app, or whatever it is these days, to equal-weight, cutting its price […]
Pound Tests Support As USD Attempts To Build A Bullish Base
Today is expected to be a rather light day across American financial markets, as a thin economic calendar leads into a really big two-day event beginning tomorrow with the start of the Federal Reserve’s twice-annual Humphrey Hawkins testimony. Tomorrow will see Fed Chair Janet Yellen testify in front of the House of Representatives and on […]
AUD/NZD Proceeds With Uptrend As Expected
The AUD/NZD went exactly as planned rejecting from the POC zone. Our previous AUD/NZD analysis showed a strong support which was respected and the pair proceeds with uptrend. The pair is above W H3 and D H5 which suggests strong uptrend. If we see a retracement, pay attention to POC 1.0465-85 (50.0, ATR pivot, W H3, D […]
Bull Of The Day: Etsy (ETSY)
Etsy, Inc. (ETSY – Free Report) is attempting to become profitable for the first time since its IPO in 2015. This Zacks Rank #1 (Strong Buy) is expected to grow sales and earnings by the double digits in 2018. Etsy is the online market place where people make, sell and buy unique goods. Founded in 2005, it is […]
E Trump Russia Reset Is Redundant
The Trump attempt to get get a “reset” with Putin in Germany was not only misguided but unnecessary. The reason is that Germany’s leading company already has worked out how to avoid the boycott placed on Russia over its seizure of the Crimea and parts of eastern Ukraine, as revealed yesterday by the Frankfurter Allgemeine Zeitung on […]
