CRUDE SETTLES NEAR $50 Crude futures settled higher on Friday, as data this week eased concerns about surplus supplies,

CRUDE SETTLES NEAR $50 TO POST BIGGEST WEEKLY GAIN THIS YEAR

CRUDE SETTLES NEAR $50 TO POST BIGGEST WEEKLY GAIN THIS YEARCRUDE SETTLES NEAR $50 Crude futures settled higher on Friday, as data this week eased concerns about surplus supplies,

CRUDE SETTLES NEAR $50 Crude futures settled higher on Friday, as data this week eased concerns about surplus supplies, after Saudi Arabia pledged to lower imports while U.S. crude supplies fell more than expected.

On the New York Mercantile Exchange crude futures for September delivery rose 67 cents to settle at $49.71 a barrel, while on London’s Intercontinental Exchange, Brent added $1.02 to trade at $52.51 a barrel.

Crude futures edged closer to a key $50 level, capping off a bullish week which has seen crude futures for the nearest delivery trade at premium to those of the following month, a pattern known as backwardation, usually associated with tighter supplies.



CRUDE SETTLES NEAR $50

 

 

The Energy Information Administration (EIA) reported Wednesday, crude and gasoline stockpiles fell by more than expected last week, pointing to an uptick in demand for crude and refinery activity.

Saudi Arabia pledged earlier this week to lower crude exports to 6.6 million barrels per day (bpd) in August, almost 1 million bpd below the level last year.

Also supporting a rise in crude prices was the possibility of major disruptions to crude supplies from Venezuela, which faces a national vote Sunday to elect a constituent assembly whose job will be to redraft its constitution.

Meanwhile, an uptick in the latest number of active drilling failed to weigh on investor sentiment as crude prices notched their best weekly gain since December, rising 8.6%.

Oilfield services firm Baker Hughes reported its weekly count of oil rigs operating in the United States ticked down by two rig to a total of 766.

The weekly rig count is an important barometer for the drilling industry and serves as a proxy for oil production and oil services demand.

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Nintendo Stock  Customers of Nintendo Co., Ltd (OTCMKTS: NTDOY) have a love-hate relationship with the company, which tends to make the stock a little volatile. You can see NTDOY

Nintendo Stock to Gain with New Game Launch and Switch

Is NTDOY Stock Safe?

Nintendo Stock  Customers of Nintendo Co., Ltd (OTCMKTS: NTDOY) have a love-hate relationship with the company, which tends to make the stock a little volatile. You can see NTDOY

FOREX INVESTORS BUZZ Nintendo Stock  Customers of Nintendo Co., Ltd (OTCMKTS: NTDOY) have a love-hate relationship with the company, which tends to make the stock a little volatile. You can see NTDOY stock spike in one week, and tank in the next. For instance, the Nintendo stock price(USD) was trading at $44.25 two weeks ago—it’s now at $39.87. That’s nearly 10% of the firm’s market cap.

Gone. Vanished. Evaporated. In under one month.

Don’t get me wrong; I’m not saying that Nintendo stock is all downside risk. It isn’t.

Heck, the share price almost doubled in the last year, so clearly volatility isn’t stopping the stock from reaching new heights.



Nintendo Stock

 

When International Business Machines Corp. (NYSE:IBM) makes a sale, it’s usually to another corporation. The client looks at several options, maps out the next few years, THEN decides to buy IBM’s products.

In other words, corporations are rational and methodical. People are not.

Anyone with the faintest idea of psychology knows that people are fickle. They change their feelings at the drop of a hat. One day they love something, the next it’s trash. It doesn’t have the “cool” factor.

New Tailwinds for the Nintendo Stock Price

In March, the “Nintendo Switch” sold 2.74 million units. Consumers were loving it more than analysts were expecting, so NTDOY stock climbed approximately 45% in the three months that followed.

But then the Nintendo stock price hit a brick wall in late June. It tumbled almost 10%.

NTDOY stock chart

Chart courtesy of StockCharts.com

I guess the optimism ran dry. But now, the company is releasing Splatoon 2, a video game designed specifically for the Nintendo Switch. It’s an excellent move on their part.

Companies like Nintendo sell their consoles for next to nothing. The Nintendo Switch is barely breaking even at $299.00. They don’t do this from the goodness of their hearts, though.

They do it to sell video games. The margins on video games are ridiculously high, which is great for video game companies and bad for video game fans. Nonetheless, it is how the business works. The REAL money is made from video games, not consoles.

By releasing Splatoon 2, Nintendo is clearly trying to raise its bottom line. From an investor’s perspective, that’s extremely good news. Last year’s gains were founded on top line growth alone.

Can you imagine how much Nintendo stock will rise on both top line and bottom line growth?

To be sure, we’re making the assumption that people will like Nintendo’s games. But I think that’s a safe assumption. Do you remember the Pokémon GO craze last summer? When kids were running around in parks staring at their smartphones? And when you asked them what they were doing, they said they were hunting for Pokémon? That was a Nintendo game.

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Baidu Apollo Project   The best companies in the world build platforms, not products

Baidu Stock to Gain from Autonomous Driving “Baidu Apollo Project”

The Genius of the Baidu Apollo Project

Baidu Apollo Project   The best companies in the world build platforms, not products

FOREX INVESTORS BUZZ Baidu Apollo Project   The best companies in the world build platforms, not products (see Facebook Inc (NASDAQ:(FB)Google—aka Alphabet Inc (NASDAQ:(GOOG) and Amazon.com, Inc. (NASDAQ:(AMZN)). This is true in America and around the world. For example, Baidu Inc. (NASDAQ:(BIDU) recently launched the “Baidu Apollo Project” for driverless cars.

It is a platform for self-driving technology and, to be frank, it could send Baidu stock price soaring over the next few years.

There are 50 members in the Baidu Apollo alliance, including four Chinese automakers and U.S. tech giants like Microsoft Corporation(NASDAQ:(MSFT) and NVIDIA Corporation(NASDAQ:(NVDA).

Products and Platforms: A World Apart

In my opinion, products and platforms sit at two opposite ends of a spectrum. There’s a pretty big middle ground in between. And where companies lie on this spectrum can tell you a lot about them.

For instance, Alphabet Inc is definitely a platform company. Its “Android” operating system is open to dozens of manufacturers, all of which can exercise their creativity in adapting the system for their own needs. But those are not “Alphabet” or “Google” branded smartphones.

They are sold by Samsung Electronics Co LtdHTC CorporationXiaomi, and others.

Google is more fundamental than that. It lets others build, but only with the building blocks that it owns. And look how it paid off for Google’s stock price:



Baidu Apollo Project

 

Google stock price

 

Products, on the other hand, are things like toothbrushes or toothpaste. Both are necessary items that sell extremely well, but those markets are more competitive. Brand names matter a lot more in those areas of business.

Can Baidu Really Pull This Off?

Short answer: yes, I think Baidu can pull this off.

The cumulative power of 50 different companies can help them narrow the race with Google and Tesla Inc (NASDAQ:TSLA), but it’s more than that. I don’t think people realize how big Baidu really is.

Baidu is the Google of China. It’s an all-powerful, omnipresent Internet search giant with boatloads of money. Go to the streets of Beijing and ask someone if they know Baidu. They’ll look at you like you’re crazy!

It’s a ruling power of the tech industry there, which means it has the resources to compete in the autonomous driving industry. That said, I think that U.S. investors doubt Baidu because they aren’t that familiar with it.

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Asure Software Stock  In the past several weeks, I have highlighted several small cloud-based productivity stocks with excellent upside price

Asure Software Stock Could Gain Another 50%

Asure Software Has Plenty of Room to Rise

Asure Software Stock  In the past several weeks, I have highlighted several small cloud-based productivity stocks with excellent upside price

FOREX INVESTORS BUZZ  Asure Software Stock  In the past several weeks, I have highlighted several small cloud-based productivity stocks with excellent upside price appreciation potential for the aggressive trader. My research yielded another cloud play in Asure Software, Inc (NASDAQ:ASUR), with a current stock value of around $14.80 and a market cap of around $216.0 million.

The stock price is up a staggering 75% in 2017 and more than 200% year-over-year.

ASUR stock set a new record of $16.44 on June 7, which is an impressive 20-fold increase from $0.80 on March 13, 2009, when the current bull market started to take off. Yet, despite this big move in the Asure Software stock price, it may only be the beginning of a much bigger bull run for the stock.



Asure Software Stock

 

asur stock chart

Chart courtesy of StockCharts.com

The chart of ASUR stock shows the presence of a bullish golden cross pattern, a technical situation in which the 50-day moving average is above the 200-day moving average. The formation is a pretty decent indicator of a higher stock price down the road.

Asure Software is intriguing because it actually makes software that is in high demand around the world. The company produces cloud-based workplace productivity and facilities management platform use to manage mobile workforce and workplace assets.

My Fundamental Bull Case for ASUR Stock

The direction of a stock is only as good as the supporting metrics. In the case of Asure Software, the company has managed to drive up sequential revenue growth in consecutive years beginning with almost $25.5 million in 2013 to $35.54 million in 2016.

The 32% growth in 2016 is well above the recent average, which is something you want to see in small growing companies.

For 2017, analysts’ average estimate is that revenues will ramp up to $53.58 million. Their average estimate is also that revenue will grow to $67.57 million in 2018. (“Asure Software, Inc. (ASUR),” Yahoo! Finance!, last accessed July 13, 2017)

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S  Huge Gain Potential  These are exciting times. A significant new asset class has exploded from the woodwork in a way that few thought possible. Ethereum ended 2016 trading at $8.00/

Huge Gain Potential with This Upcoming ICO Cryptocurrency List

With Digital Currency Now Mainstream, Crypto Startups Set to Emerge as Winners

S  Huge Gain Potential  These are exciting times. A significant new asset class has exploded from the woodwork in a way that few thought possible. Ethereum ended 2016 trading at $8.00/

FOREX INVESTORS  Huge Gain Potential  These are exciting times. A significant new asset class has exploded from the woodwork in a way that few thought possible. Ethereum ended 2016 trading at $8.00/ETH, and it now trades at around $270.00 (as of this writing). We all know how far Bitcoin has come. If you’ve missed the boat on investing in these two cryptocurrency patriarchs, there’s good news. The upcoming ICO cryptocurrency list promises the potential for more explosive price appreciation.

In case you’re not familiar with the acronym, ICO stands for “initial coin offering.” It’s the preferred method for fledgling crypto startups to raise capital to build and expand their new cryptocurrency offerings. Backers may create a whitepaper or a document resembling a prospectus to generate investor demand. This document will state all of the relevant project facts, like how many digital coins will be issued, the overarching code structure, how much capital is needed, and so on.



Huge Gain Potential

 

Needless to say, these ventures are risky and not suitable for conservative investors. Failure rates are high, and mainstream investor demand may never materialize even if the project gets completed. As of late-June 2017, there were over 900 distinct cryptocurrencies changing hands daily. Obviously, the market is becoming quite saturated, with only a fraction of these cryptocurrencies likely to stand the test of time.

Cryptocurrency Market

Disclaimers aside, the explosive growth potential for cryptocurrencies is breathtaking.

Between July and August 2014, the Ethereum ICO raised $18.0 million in Bitcoin (about $0.40 per token) for its token currency, the ether (ETH). About a year later, Ethereum’s first-generation platform was released, and the rest is history.

It didn’t take long for early investors to realize a gain on their investment. ETH rose 29-fold between October 2015 and March 2016, before consolidating in a year-long range. Since breaking out, prices have reached an incredible high of $389.00 per ETH token before paring back. That’s more than an 800-fold return on investment in less than two years!

Cryptocurrency Market Cap Chart (as of July 5, 2017)

Cryptocurrency Name Market Cap (Billions USD)  Price (USD) Monthly Trade Volume (Billions USD) Market Share
   Bitcoin  $41.8  $2,574.74  $41.8 40.7%
   Ethereum  $28.3  $316.57  $30.8 27.6%
   Ripple  $10.3  $0.27  $6.1 10.0%
   Litcoin  $2.2  $42.12  $12.6 2.1%
   Ethereum Classic  $1.8  $19.02  $4.9 1.7%
   NEM  $1.5  $0.17  $0.4 1.4%
   Dash  $1.3  $180.12  $1.4 1.3%

Ongoing

Name ICO Scale Total Currency End Time
Dimcoin 10.0 million DIM various cryptocurrency 8/28/2017
Starta various cryptocurrency 8/4/2017
Money Technology $500,000 USD various cryptocurrency, USD 8/2/2017
Tezos various cryptocurrency, USD 8/1/2017
Giga Watt 30.0 million WTT Ethereum (ETH) 7/31/2017
DAO Casino Bitcoin (BTC), ETH, USD 7/30/2017
True Flip 6,215 BTC ETH 7/27/2017
Civic $33.0 million USD 1.0 billion CVC BTC, Litecoin (LTC), ETH, DASH 7/21/2017
Skincoin 600.0 million SKIN 1.0 billion SKIN BTC, ETH 7/21/2017
Orocrypt Inc. 500,000 tokens ETH 7/14/2017
Populous 36.0 million PPT 53.3 million PPT euros, BTC, ETH 7/8/2017

Pending

Name Round Start Time
Starbase 7/30/2017
Presearch 1 7/25/2017
Coindash 7/17/2017
Rialto.ai 1 7/15/2017
Dent 7/12/2017
InsureX 7/11/2017
Suretly 7/11/2017
AKASHA 1 undertermined
Hivemind (HMD) undertermined
Postbase (POST) undertermined
Filecoin (IPFS) undertermined
Rootstock (RSK) undertermined
FundRequest (FND) 1 undertermined
Agrello undertermined

 

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 Bitcoin and Ethereum remained on track to notch gains for the month, despite drifting lower on Friday, as investors appeared hesitant

ETHEREUM AND BITCOIN ON TRACK FOR MONTHLY GAIN

ETHEREUM AND BITCOIN ON TRACK FOR MONTHLY GAIN

  Bitcoin and Ethereum remained on track to notch gains for the month, despite drifting lower on Friday, as investors appeared hesitant

BUZ INVESTORS  Bitcoin and Ethereum remained on track to notch gains for the month, despite drifting lower on Friday, as investors appeared hesitant to initiate large position amid growing fears that cryptocurrencies are in correction period.

On the U.S.-based GDAX exchange, BTC/USD fell to $2527, down $62.8 or 2.42%.

 

 

Bitcoin and Ethereum

 

Bitcoin is set to close more than 10% higher for June, and nearly 300% over the past year, despite a recent pull back from its peak of $3,000.

Ethereum dipped by 5.37% to $294.49, and remained well below its peak of $419.3 achieved earlier in June amid expectations that the digital currency was set to usurp bitcoin as the largest and best capitalized blockchain – a phenomenon referred to as “the flippening”.

At current prices Ethereum has a market capitalisation of about $28 billion, well below bitcoin’s nearly $42 billion.

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Buz Investors Platinum Equity to Acquire Staples Staples, Inc. (NASDAQ: SPLS) and Platinum Equity today announced a definitive agreement under which

Staples shares gain premarket following same-stores sales beat

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Staples shares gain premarket following same-stores sales beat

BUZ INVESTORS  Staples shares gain  Shares of Staples Inc. (SPLS), -4.02% jumped 3.5% in premarket trade Tuesday, after the office supply retailer beat same-store sales expectations, while matching on profit and coming up short on revenue. The net loss for the quarter to April 29 was $815 million, or $1.24 a share, after a profit of $41 million, or 6 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to 17 cents, matching the FactSet consensus. Revenue fell 4.9% to $4.15 billion, missing the FactSet consensus of $4.52 billion, as North American retail and delivery sales declined more than expected. Same-store sales declined 2.6%, beating the FactSet consensus for a decline of 4.1%. The company expects second-quarter adjusted EPS of 10 cents to 13 cents,



Staples shares gain

Staples positive post Q1 results

Staples (NASDAQ:SPLS) reports total comparable-sales declined 2.6% in Q1.

North American Delivery sales squeezed 2.8% to $2.64B and comp dropped 1%.

North American Retail sales decreased 8.2% to 1.51B and comp fell 6%.

Gross margin rate rose 50 bps to 26%.

Non-GAAP operating margin rate down 15 bps to 4.1%.

Q2 Guidance: Non-GAAP EPS: $0.10 to $0.13.

For FY2017, the company expects to generate ~$500M free cash flow and plans to close down ~70 stores in North America.

SPLS +1.93% premarket.

Business Description

Industry: Retail – Apparel & Specialty » Specialty Retail    NAICS: 453210    SIC: 5943
Compare: NYSE:(KAR), OTCPK:(ASOMY), NYSE:(DKS), NYSE:(W), NAS:(BBBY), OTCPK:(DSITF), NYSE:(WSM), NAS:(TSCO), NAS:(MIK), OTCPK:(CDNAF), NYSE:(CAB), NYSE:(CST), OTCPK:(DUFRY), OTCPK:(MAURY), NAS:(FIVE), NYSE:(SBH), NAS:(ODP), NYSE:(BID), NYSE:(MUSA), NYSE:(GME) » details
Traded in other countries: SPLS.Argentina, SPLS.Chile, STP.Germany, SPLS.Switzerland,
Headquarter Location: USA

Staples Inc operates as an office products company that sells and delivers office products and services. The Company provides products, services and expertise in the categories of office supplies, technology, furniture, Copy & Print & among ohers.

Staples is an American retailer with online and delivery capabilities. Staples offers products in categories: technology, facilities and breakroom, furniture, safety, medical, copy and print, and Staples EasyTech services. Staples operates throughout North and South America, Europe, Asia, Australia, and New Zealand. The company divides its business into three segments: North American stores and online, North American commercial, and international operations. The product offering includes Staples, Quill, and other proprietary branded products. Staples’ product price points are generally low.

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BUZ INVESTORS PRESS RELEASE Eli Lilly swings to a loss Eli Lilly and Company (NYSE: LLY) today announced financial results for the first quarter of 2017.

Eli Lilly shares gain premarket on positive trial for migraine treatment

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Eli Lilly reports positive results in trial of migraine treatment

BUZ INVESTORS PRESS RELEASE Eli Lilly swings to a loss Eli Lilly and Company (NYSE: LLY) today announced financial results for the first quarter of 2017.

BUZ INVESTORS  Eli Lilly shares gain Shares of Eli Lilly and Co. (LLY), -0.04% jumped 1.6% in premarket trade Friday, after the company said a late-stage study of a migraine treatment met its primary goals. The trial of galcanezumab, an investigational treatment for the prevention of episodic and chronic migraine, met its primary endpoint. “The robust results from these three studies bring us one step closer to helping people experience more migraine-free days, an important treatment goal for those living with this serious disease,” Christi Shaw, president of Lilly Bio-Medicines, said in a statement. The company is now planning to submit a biologics license application to the U.S. Food and Drug Administration in the second half. More than 38 million Americans suffer from migraine, which affects three times more women than men. Lilly shares have gained 9% in 2017 through Thursday, while the S&P 500 SPX, -0.15% has gained 7%.



Eli Lilly shares gain

>>>TRADE NOW<<<

 

Eli Lilly (NYSE:(LLY) is up 2% premarket on light volume in response to its announcement of positive results from three Phase 3 clinical trials assessing galcanezumab for the prevention of episodic and chronic migraine. All three studies, EVOLVE-1, EVOLVE-2 and REGAIN, met their primary endpoints of showing statistically valid reductions in the number of monthly migraine days compared to placebo at both studied doses.

The company plans to file its Biologics Licence Application (BLA) with the FDA in H2. Regulatory submissions in ex-U.S. markets will follow.

Galcanezumab is a monoclonal antibody that binds to a compound produced in neurons called calcitonin gene-related peptide (CGRP) that plays a key role in the transmission of pain. It is administered once per month via subcutaneous injection.

 

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Silver prices middle range created during the summer

Silver Prices Gain Traction After French Election

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Silver Prices Gain Traction After French Election

Silver

BUZ INVESTORS  Silver Prices Gain Traction The precious metal is trading at $16.31 per ounce at 09:40 GMT this morning, 0.18% lower from the New York close. Silver hit a high of $16.46 per ounce and a low of $16.28 per ounce this morning. The precious metal fell in the New York session on Friday, closing marginally higher at $16.34 per ounce. Immediate downside, the first support level is seen at $16.20 per ounce, while on the upside, the first resistance level is at $16.46 per ounce.

Silver prices advanced Monday, as markets reacted to Emmanuel Macron’s swift victory in the second round of France’s presidential election.

July silver futures rose 11 cents, or 0.7%, to $16.38 a troy ounce at 7:21 a.m. ET. The futures price fluctuated within a daily range of $16.26 and $16.46.




 Silver Prices Gain Traction

>>>TRADE NOW<<<

Silver | Data | Chart | Calendar | Forecast | News


source: tradingeconomics.com
Silver increased 0.04 USD/t. oz or 0.23% to 16.34 on Monday May 8 from 16.30 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January of 1980 and a record low of 3.55 in February of 1991.

Silver futures and options contracts are used by mining companies, fabricators of finished products, and users of silver-content industrial materials to manage their price risk. As a precious metal, silver also plays a role in investment portfolios. The largest industrial users of silver are the photographic, jewelry, and electronic industries. The biggest producer of silver are: Mexico, Peru and China followed by Australia, Chile, Bolivia, United States, Poland and Russia. This page provides – Silver – actual values, historical data, forecast, chart, statistics, economic calendar and news. Silver – actual data, historical chart and calendar of releases – was last updated on May of 2017.

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