InvestorsBuz Business Reviews 8.23.16

InvestorsBuz Business Reviews Today 12.14.16

InvestorsBuz Business Reviews Today 12.14.16

Business Reviews Today 12.14.16

AMAZON.COM, INC.: WHY AMZN STOCK IS POISED FOR HUGE GROWTH

  • Buz Investors Poised for HUGE Growth Amazon.com, Inc. (NASDAQ:AMZN) is stepping up its fight against its rivals by adding a new feature to its cloud-computing services. Although the addition is mundane, it could could help trigger a massive surge in Amazon stock (AMZN stock).
  • As the largest e-commerce company on the planet, Amazon processes mounds of data every second. It needs to sort and store this data, so it built massive data centers across the world. (Source: “Amazon’s New Feature Aims to Lure Big Companies to Its Cloud,” Fortune, December 12, 2016.)
  • Eventually Amazon realized that other companies must have similar needs for data storage and processing. It was a lightbulb moment.

Tesla Stock Jumps, But Should Be Wary of This Number

  • Buz Investors Tesla Stock Jumps (NASDAQ:TSLA) Tesla stock jumped three percent on Tuesday as oil prices rose and Alphabet Inc (NASDAQ:GOOGL)—commonly known as Google—reportedly “scaled back” self-driving car efforts, but short positions on the green tech company are reaching an all-time high.
  • With the race towards the self-driving car heating up, it was certainly a boon to Tesla stock to hear that Google has reduced its efforts in the competition.
  • Of course, the story is that Google has not given up on self-driving software, but rather has decided to not construct a physical vehicle. The company is still planning to share its technology with other automakers, not dissimilar from news surrounding the Apple Inc. (NASDAQ:AAPL) car. (Source: “Here’s Why Shares of Tesla Are Soaring Today,” Fortune, December 13, 2016.)

FIVE REASONS 2017 MIGHT BE A HUGE YEAR FOR APPLE STOCK

  • Buz Investors Year for Apple Stock  (NASDAQ:AAPL) has not had a particularly fantastic year. Gaining about 10%, coinciding with the market average, is a fair return, but nothing to write home about.
  • But Apple stock bulls got some reassurance today as a Citigroup Inc(NYSE:C) analyst, Jim Suva, gave five reasons why Apple stock can see significant gains in 2017.
  • The last three are largely continuous benefits for Apple stock and have little to do with 2017 specifically. The first two, however, are relatively new factors that can have a big impact on AAPL stock. (Source: “5 reasons Apple is going to soar in 2017, according to Citi,” CNBC, December 13, 2016.)

TESLA MOTORS INC: THE TRUMP MUSK DYNAMIC JUST GOT ROCKED

  • Buz Investors Trump Musk Dynamic The back-and-forth between Tesla Motors Inc(NASDAQ:TSLA) CEO Elon Musk and President-electDonald Trump has taken a surprising new turn on Wednesday, as the newest chapter in the Trump Musk saga may be all about cooperation.
  • Trump Musk (as I will refer to the dynamic from here on in) has entered uncharted territory, with Elon Musk being named as a strategic adviser to the future president. This could have an affect on TSLA stock
  • Along with Travis Kalanick, the CEO of Uber Technologies Inc., Musk will “meet with the president frequently” and offer knowledge and experience to Trump as part of a his Strategic and Policy Forum, said Trump officials. (Source: “Elon Musk and the chief executive of Uber are now advising Donald Trump,” The Washington Post, December 14, 2016.)

Apple Inc.: Is it Time to Bail on AAPL Stock?

  •  Buz Investors Time to Bail on AAPL  (NASDAQ:AAPL) announced on Tuesday that it would start selling its $160.00 “AirPods” on December 21, prompting many analysts to turn bearish on Apple stock (AAPL).
  • To put it simply: they think Apple’s creativity has run dry.Why, you ask? Because when Apple unveiled its new “iPhone 7” in September, there was no headphone jack. They had removed the auxiliary port in order to drive consumers toward their other new product: the Airpods, a wireless set of earphones.
  • Think about that for a moment. Every existing smartphone has a circular slot where you can plug in earphones. It’s an industry standard that keeps all headphone makers on a level playing field.
InvestorsBuz Business Reviews 8.23.16

InvestorsBuz Business Reviews Today 12.13.16

InvestorsBuz Business Reviews Today 12.13.16

Business Reviews Today 12.13.16

What Went Wrong with Alexion Stock?

  • Buz Investors Alexion stock (Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN)) dropped over 13% by midday on Monday as the company’s CEO and CFO resigned, a month after the company began investigating allegations related to sales practices of its prized blood disorder drug “Soliris.”Alexion stock joins the fast-growing throng of pharmaceutical companies in hot water for accusations regarding business practices.
  • Though perhaps not as dire as the charges levied againstValeant Pharmaceuticals Intl Inc (NSYE:VRX), the whistleblower who first raised questions over sale practices may have been at least partly responsible for the changing of the guard at Alexion Pharmaceuticals.

Tesla Stock: Trump Tesla Saga Gets a New Entry

  • Buz Investors Trump Tesla Saga President-elect Donald Trump is looking to have a meeting of the minds with some of the biggest noggins in business. From Tim Cook to Larry Page to Jeff Bezos, some of the heaviest hitters in tech are expected to attend the summit next Wednesday in New York.
  • Much of the groundwork is said to have been done by Trump confidante and tech billionaire Peter Thiel.But one name in particular, Elon Musk, has been in the news for potentially being unable to attend the event, adding another wrinkle to the Trump Tesla Motors Inc (NASDAQ:TESLA) divide. This could have an impact on Tesla stock.

GM STOCK: GENERAL MOTORS COMPANY CEO MAKES SHOCKING PREDICTION

  • Buz Investors General Motors Company CEO  Mary Barra, the CEO of General Motors Company(NYSE:GM), just made an unbelievable forecast that could have huge implications for General Motors stock (GM).
  • While talking about the future of self-driving technology, Barra said that cars will soon become a “second office.” Even more surprising was the timeline she laid out for driverless tech.
  • According to Barra, this upheaval in transportation should happen within the next five years, creating multiple new revenue streams for GM stock. She suggests that freeing up commute time makes room for other activities, namely, work, entertainment, or sleep.

VALEANT PHARMACEUTICALS: THE HITS KEEP COMING VRX STOCK

  • Buz Investors Hits Keep Coming VRX Stock At this point, it doesn’t seem that Valeant Pharmaceuticals Intl Inc (NYSE:VRX, TSE:VRX) could buy good news if it offered half of its VRX stock. The company was down five percent on Monday after the U.S. Food and Drug Administration (FDA) approved a generic version of “Nitropress.”

  • Introductions of generic medicine alternatives almost inevitably drive down the profits of the more expensive name brand, and this should be no different.

  • “This news comes ahead of our expectations, as we had modeled this as a mid-2017 event. Nitropress is, according to Valeant’s last earnings release, Valeant’s seventh-largest product with sales of approximately $128 million in YTD 2016,” wrote Wells Fargo & Co(NYSE:WFC) analyst David Maris on Monday. (Source: “A bad day for Valeant is coming sooner than expected, and the stock is falling,” Business Insider, December 12, 2016.)

TESLA MOTORS INC: ANOTHER CRUSHING DEFEAT FOR TSLA STOCK BEARS

  • Buz Investors Defeat for TSLA Stock Bears (NASDAQ:TSLA) is about to deliver the most cars it’s ever shipped in a single year, silencing critics that were skeptical of TSLA stock.
  • Many of these critics believed that Tesla couldn’t possibly scale up its production numbers, yet the company is on track to ship 80,000 cars this year. That’s about as wrong as you can get.
  • Tesla isn’t the most punctual of companies. The electric carmaker missed a few deadlines here and there but, when the dust settled, it still emerged the victor. Anyone who is still bearish on Tesla stock is just deluding themselves.

IS THERE ANY MORE ROOM FOR AMD STOCK TO GROW?

  • Buz Investors AMD Stock to Grow (NASDAQ:AMD) gained another three percent in yesterday’s trading, on the back of a huge “double-upgrade” for AMD stock from analysts at Bank of America Merrill Lynch (BAML) to a “buy” rating.
  • “[B]etter late than sidelined,” wrote the company regarding its push for AMD stock.And it is definitely late.
  • To anyone not paying attention, AMD stock has catapulted into the stratosphere this year, jumping by 272% since the beginning of 2016 and 60% in the past 30 days alone. (Source: “AMD Stock Upgraded Two Notches To Buy: BAML,” ValueWalk, December 12, 2016.)

CLEANTECH: HAS SOLAR POWER REACHED ITS TIPPING POINT?

  • Bux Investors Cleantech As the world’s richest man and a generally all-around-swell-guy, everybody expects Bill Gates to do the right thing for solar power and cleantech. Little did they know he would go above and beyond by starting a clean energy fund with $1.0 billion in funding.

  • That’s right, $1.0 billion. Gates rallied two dozen business magnates to buildBreakthrough Energy Ventures (BEV), an investment company dedicated to cleantech startups.
  • There are a lot of illustrious names attached to the project, from Alibaba Group Holding Ltd (NYSE:BABA) CEO Jack Ma toAmazon.com, Inc.’s (NASDAQ:AMZN) CEO Jeff Bezos.

IS TWITTER STOCK DOOMED?

  • Buz Investors Twitter Stock Doomed (NYSE:TWTR) was down 3.7% on Monday as questions still persist as to whether Twitter stock can pick itself back up in the long run.
  • Twitter stock has seen a sharp decline in its value since the beginning of 2016; down 18%. Twitter investors will be looking forward to having this year behind them. But the nagging question that lingers is whether TWTR stock will be able to rebound from a multi-year decline.
  • Take some of the recent shakeups in the business. Keith Coleman is Twitter’s fourth VP of Product since 2013. That’s a lot of changeover in a short span of time. The pressure is on for him to perform where others have lagged behind, sure, but the general optics do not bode well for Twitter stock
InvestorsBuz Business Reviews 8.23.16

InvestorsBuz Business Reviews Today 12.12.16

InvestorsBuz Business Reviews Today 12.12.16

Business Reviews Today 12.12.16

TESLA CARS: ARE THE AUTOMAKERS UNITING AGAINST TESLA?

  • Buz Investors Tesla Cars (NASDAQ:TSLA) is among one of the few holdouts in the automotive industry not actively lobbying to have the recent U.S. Environmental Protection Agency (EPA) fuel consumption standard fleet requirement of 54.5 mpg by 2025 changed. Tesla cars, for instance, already meet these standards by being gas-free.
  • The EPA mandate would force automakers to add more electric vehicles to their car rosters, which involves marketing, mass producing, and selling affordable consumer-facing green vehicles.
  • Which makes sense as to why Elon Musk is not joining the cries to have the mandate reconfigured, seeing as how the “Model 3” and other Tesla cars largely fit the EPA desires. (Source: “Virtually all automakers (except for Tesla) are currently lobbying to block EPA’s new fuel consumption standard,” Electrek, December 9, 2016.)

WHAT AMAZON.COM, INC.’S GROCERY STORES  FOR AMZN STOCK MEAN

  • Buz Investors Grocery Stores for AMZN  No one saw this coming. Amazon.com, Inc.(NASADQ:AMZN)—the destroyer of brick-and-mortar stores—is starting to open grocery stores.
  • AMZN stock Yes, physical grocery stores.This unexpected twist in the company’s strategy comes mere months after it opened an actual bookstore in Seattle.
  • Many investors don’t know what to make of these mind-boggling moves, so let’s unpack what it means for Amazon stock (AMZN stock).

WALT DISNEY CO: THIS COULD TRIGGER A SPIKE IN DIS STOCK

  • Bux Investors  Spike in DIS Stock The release of Rogue One: A Star Wars Story this week is anything but normal for Walt Disney Co(NYSE:DIS). Although you may be tempted to roll your eyes at another Hollywood spin-off, this movie could send Disney stock (DIS stock) to record highs.
  • Why, you ask? Because Rogue One is different from any old Star Wars movie. Instead of the usual recipe—Skywalkers, lightsabers, and Death Stars—there is an entirely independent plot set inside the same “universe.” There are new characters, new drama, and a new directorial style.
  • If this movie is a hit, DIS stock will have struck gold. It would mean a huge expansion of Disney’s profit-making ability, and would help pay for the $4.0-billion cost of acquiring theStar Wars franchise in the first place.

DISH Network Corp: DISH Stock Chart Suggests a Raging Bull

  • DISH Network Corp (NASDAQ:DISH) stock continues to make new 52-week highs, and the price patterns on the stock chart are suggesting that higher prices are yet to come.  DISH Network stock, I outlined the bullish developments that suggested that DISH stock had just resumed a bull market that began after the price bottomed following the financial crisis in 2009.
  • Bullish signals continue to mount, and the price action on the stock chart remains constructive. I have no doubts that DISH stock is still in a bull market that began in 2009.
  • This bull market witnessed a nasty sell-off, and DISH stock lost 51.8% of its value. Such a decline is difficult to endure, but this was still in the context of a long-term bull market.

MSFT STOCK: MICROSOFT CORPORATION HAD AN AMAZING WEEK

  • Buz Investors Microsoft Corporation Had an Amazing Week There must have been a party at the Microsoft Corporation (NASDAQ:MSFT) headquarters last week, because the company received two amazing pieces of news.
  • Both of these events suggest nothing but blue skies ahead for Microsoft stock (MSFT stock).First off, the European Union (EU) green-lit Microsoft’s $26.2-billion acquisition of LinkedIn Corp (NYSE:LNKD).
  • Since EU approval was the final hurdle for this particular merger, Microsoft is now in a position to move forward. The deal officially closed last Thursday. (Source: “Microsoft just finalized its deal for LinkedIn — here’s what happens next,” Business Insider, December 8, 2016.)

Cara Therapeutics Inc: The CARA Stock Chart Says It All

  • BuzInvestors Cara Therapeutics Inc (NASDAQ:CARA) stock has caught my eye for a number of reasons. The price chart is compelling and constructive, and the company is delving into the medical marijuana sector. What more can anyone ask for in the smoking-hot stock market?

    Marijuana stocks have been setting the world ablaze, and new retail investors who are hoping they too can live out that sought-after American dream are clamoring to this sector.

  • There are some signs that a bubble may be brewing in this sector, however, as the rally has been broad-based and any company that even mentions the words marijuana or cannabis in a press release gets a bid. I must admit, I have seen a few bubbles in my day, and this sector has the potential to become one, but it isn’t there yet.

HAS SOLAR ENERGY FINALLY PASSED THE THRESHOLD TO BEAT GAS?

Boeing Iran Deal Under Trump

  • Buz Investors Boeing Iran Deal Some good piece of news has arrived for Boeing Co(NYSE:BA) after Bbeing in the headlines last week for all the wrong reasons. But will the Trump administration play spoilsport? Boeing stock is likely to cross its 52-week high and investors will be taking cues from what Donald Trump decides next about the latest developments at Boeing Co.

    Boeing Co, in its news release on Sunday, announced an agreement with Iran Air for 80 aircraft that includes 50 “737 MAX 8s,” 15 “777-300ERs,” and 15 “777-9s,” valued at $16.6 billion at list prices.

  • Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within the terms of the U.S. government license issued to Boeing in September. (Source: “Boeing, Iran Air Announce Agreement for 80 Airplanes,” Boeing Co, December 11, 2016.)
Investors Forex Market Roundup

InvestorsBuz Forex Market Roundup 12.12.16

InvestorsBuz Forex Market Roundup 12.12.16

Forex Market Roundup 12.12.16

This morning, the greenback is trading lower against most of the major currencies, ahead of the US monthly budget statement, slated to release in a few hours.

The EUR is trading higher against the USD. Moving ahead, market participants will be awaiting the release of Germany’s consumer price inflation figures, scheduled tomorrow, to gain fresh insights on how the Eurozone’s largest economy is performing in the final quarter. Additionally, investors would also keep a close watch on the ZEW survey across the Eurozone, which is expected to improve in December.

The GBP is trading higher against the USD. Going ahead, traders will look forward to Britain’s consumer price inflation data, due to release tomorrow, which is expected to have accelerated strongly in November.

The Yen is trading lower against the USD. Overnight data showed that Japan’s machinery orders climbed for the first time in three months in October.

On Friday, the greenback traded higher in the New York session, against the key currencies, after robust consumer confidence data in the US boosted expectations that the Federal Reserve will raise interest rates later this week. The US flash Reuters/Michigan consumer sentiment index soared to its highest level since January 2015 in December, thus indicating that Americans are getting more confident about the nation’s economic outlook. On the other hand, the nation’s final wholesale inventories dropped in October.

 

EURUSD Euro Blunts Slide, Rises to 1.06

EURUSD

This morning at 10:40 GMT, the EUR is trading at 1.0593 against the USD, 0.37% higher from the New York close. With no economic releases in the Eurozone today, investors will look forward to the ZEW survey of economic sentiment index across the Eurozone along with Germany’s consumer price index, all slated to release tomorrow. This morning, the pair traded at a high of 1.0605 and a low of 1.0523. The Euro traded marginally lower against the US Dollar in the New York session on Friday, with the pair closing the session at 1.0554. The pair is expected to its find support at 1.0538 and its first resistance at 1.0634.

 

GBPUSD Pound Moves Higher

GBPUSD

At 10:40 GMT, the pair is trading at 1.2582, with the Pound trading 0.06% higher against US Dollar from the New York close. Overnight data showed that the UK’s Rightmove house price index declined on a monthly basis in December. The pair witnessed a high of 1.2612 and a low of 1.2561 during the session. On Friday, the Pound traded 0.14% lower against the US Dollar in the New York session and ended at 1.2575. Immediate downside, the first support level is seen at 1.2548, while on the upside, the first resistance level is situated at 1.2616.

 

USDJPY Dollar FIirts With 116 Yen

USDJPY

This morning, at 10:40 GMT, the US Dollar is trading at 115.91 against the Yen, 0.52% higher from the New York close. Earlier in the session, data indicated that the Japan’s tertiary industry index rose on a monthly basis in October. During the session, the pair traded at a high of 116.12 and a low of 115.12. On Friday, the US Dollar traded 0.14% higher against the Yen in the New York session and ended at 115.31. The pair is expected to its find support at 114.86 and its first resistance at 116.54.

 

USDCHF Struggling Up Against the November Highs

USDCHF

The US Dollar is trading at 1.0161 against the Swiss Franc at 10:40 GMT this morning, 0.15% lower from the New York close. Amid no economic releases in Switzerland today, investor sentiment would be governed by global macroeconomic news. The pair traded at a high of 1.0198 and a low of 1.0146 this morning. On Friday, the USD traded 0.12% lower against the CHF in the New York session and ended at 1.0176. The pair is expected to its find support at 1.0134 and its first resistance at 1.0201.

 

USDCAD Canadian Dollar Edges Up

USDCAD

The pair is trading at 1.3131 at 10:40 GMT this morning, with the USD trading 0.33% lower against CAD from the New York close. With no economic releases in Canada today, investors will look forward to global events for direction. The pair traded at a high of 1.3177 and a low of 1.3108 this morning. The US Dollar declined against the Canadian Dollar in the New York session on Friday, closing 0.09% lower at 1.3175. The pair is expected to its find support at 1.3095 and its first resistance at 1.3179.

 

AUDUSD COULD SEE NOVEMBER LOW

AUDUSD

The pair is trading at 0.7466 at 10:40 GMT this morning, with the Australian Dollar trading 0.23% higher against US Dollar from the New York close. Looking ahead, investors would focus on Australia’s NAB business confidence and house price indices, both scheduled to release overnight. This morning, the pair traded at a high of 0.7469 and a low of 0.7422. The Australian Dollar traded 0.09% lower against the US Dollar in the New York session on Friday, with the pair closing the session at 0.7449. The pair is expected to its find support at 0.7427 and its first resistance at 0.7500.

 Gold price edges lower, strong dollar

Gold

Gold is trading at $1155.40 per ounce at 10:40 GMT this morning, 0.52% lower from the New York close. This morning, the precious metal traded at a high of $1162.10 per ounce and a low of $1152.50 per ounce. On Friday, gold traded 0.18% lower in the New York session and closed at $1161.40 per ounce, amid gains in the greenback following upbeat US consumer confidence data for December. Immediate downside, the first support level is seen at $1147.93 per ounce, while on the upside, the first resistance level is at $1167.43 per ounce.

 Silver Poised For Near-Term Bullishness

Silver

The precious metal is trading at $16.93 per ounce at 10:40 GMT this morning, 0.09% higher from the New York close. During the session, silver traded at a high of $16.99 per ounce and a low of $16.74 per ounce. In the New York session on Friday, silver fell 0.35% and closed at $16.92 per ounce, tracking losses in gold prices. Immediate downside, the first support level is seen at $16.72 per ounce, while on the upside, the first resistance level is at $17.17 per ounce.

 

Oil price surges to 1½-year high

Oil

The commodity is trading at $53.87 per barrel at 10:40 GMT this morning, 4.64% higher from the New York close, after non-OPEC producers agreed to cut oil output by 558,000 barrels per day to ease global glut. Crude oil witnessed a high of $54.49 per barrel and a low of $51.44 per barrel during the session. In the New York session on Friday, crude oil rose 0.84% to close at $51.48 per barrel, as investors remained optimistic that non-OPEC members would agree to support OPEC in their agreement to curb crude output at an upcoming weekend meeting in Vienna. Immediate downside, the first support level is seen at $51.71 per barrel, while on the upside, the first resistance level is at $55.26 per barrel.

 





 

Economic Snapshot

 

UK Rightmove house price index slid in December

The Rightmove house price index slid 2.10% in the UK on a monthly basis, in December. In the previous month, the Rightmove house price index had fallen 1.10%.

  

Japanese tertiary industry index rose less than expected in October

The tertiary industry index rose 0.20% in Japan, on a MoM basis in October, less than market expectations for a rise of 0.30%. In the prior month, the tertiary industry index had registered a drop of 0.10%.

 

Japanese machinery orders advanced more than expected in October

Machinery orders advanced 4.10% on a MoM basis in Japan, in October, higher than market expectations for a rise of 1.20%. Machinery orders had dropped 3.30% in the prior month.




InvestorsBuz Business Reviews 8.23.16

InvestorsBuz Business Reviews Today 12.10.16

InvestorsBuz Business Reviews Today 12.10.16

Business Reviews Today 12.10.16

MARIJUANA STOCK: IS THE POT INDUSTRY ON THE VERGE OF A BUBBLE?

  • Buz Investors Industry on the Verge of a Bubble The wild ride of marijuana stock continues, now with some analysts claiming that marijuana stocks are overvalued and headed for a bubble.
  • With the drug slated to be legalized in Canada in 2017, investors are rolling in, their engines sparked, hoping to take advantage of what some predict to be a multi-billion-dollar industry with 3.8 million recreational marijuana users in Canada by 2021.
  • Factor in that the U.S. cannabis market is projected to rise from $6.0 billion in legal states in 2015 to $50.0 billion in 2026 according to data from Cowen & Co (part of Cowen Group Inc (NASDAQ:COWN))

Organigram Holdings Inc: This Will Light the Next Move in OGI Stock

  • Buz Investors Next Move in OGI Stock I have not kept my feelings and views surrounding Organigram Holdings Inc (CVE:OGI) stock and all the other marijuana licensed producers that make up this new speculative growth sector a secret.
  •  Organigram, I outlined what I believe is driving investors into this sector, and I am probably starting to sound like a broken record. I continue to believe that a bull market in this sector will continue to develop up until the day that the government finally announces the details surrounding marijuana legalization and the recreational market that will follow.
  • Anticipation of this event is causing all the mania surrounding this sector. Once this news is finally delivered, I believe that the music will stop and investors will head for the exits. This is a classic “buy on rumor, sell on news” event.

CIEN STOCK: CIENA STOCK HAS A GREAT CASE FOR BIGGER GAINS

  • Buz Investors Ciena Stock Has a Great Case The global networking market is on a massive growth path that is worth tens of billions of dollars, given the superlative demand for faster speeds and bandwidth.
  • The tailwinds will benefit networking technology companies such as Ciena Corporation(NYSE:CIEN), which surged 15% on Thursday to a new 52-week high after posting a bullish backlog.
  • With a market value of about $3.5 billion, CIEN stock pales in comparison to much larger networking companies like Cisco Systems, Inc. (NASDAQ:CSCO), with a market cap in excess of $150.0 billion, butCIEN stock is growing faster.y 10 of Iridium Communications Inc‘s (NASDAQ:IRDM) satellites

SPACEX NEWS: WHY ELON MUSK DELAYED THE NEXT SPACEX LAUNCH

  • Buz Investors Next SpaceX Launch This week’s big piece of SpaceX news has less to do with what happened, and more to do with what didn’t happen, at Elon Musk’s space venture; namely, another SpaceX launch in 2016.
  • CEO Elon Musk previously said that a SpaceX launch was coming in December 2016. Similar comments were made last week by SpaceX COO Genn Shotwell, but apparently new information emerged in recent days. No launches will take place until January 2017.
  • The delays will affect clients’ orders, many whom are already behind schedule. For instance, SpaceX has a contract to ferry 10 of Iridium Communications Inc‘s (NASDAQ:IRDM) satellites

Walt Disney Co: These DIS Stock Charts Say It All

  • Buz Investors  DIS Stock Charts Say It (NYSE:DIS) stock, I outlined that a bearish signal was finally broken and, as a result, this meant that the bearish headwinds that were causing me much concern were starting to subside. This also meant that bullish tailwinds were beginning to mount.
  • These bullish tailwinds were necessary to mount a rally because DIS stock was sitting at an extremely important level of price support. Higher prices were needed, or else the long-term bullish trend that spanned almost a decade could have been in jeopardy.
  • Since that infamous report, Disney stock has gone on quite a run. It was trading at $95.99 when I identified that bullish tailwinds were beginning to mount, and it is currently trading at $102.93. That is a steady 7.2% return since November of this year.

 

Alphabet Inc: This Trigger Could Send Google Stock Surging

  • Buz Investors  Send Google Stock Surging Although we usually think of Alphabet Inc (NASDAQ:GOOG) as a sprawling business, 99% of the company’s revenues are advertising-related.Google stock (GOOG) is almost entirely concentrated in this one sector, but that could change very soon.
  • After years of research and development, Google is finally ready to package its self-driving program into an actual business. This would mean spinning the driverless project out of “Google X,” the experimental lab where the company tests out new ideas, into a newly formed entity. (Source: “Google’s self-driving car team is hiring executives as it prepares to spin out from Alphabet’s X,” Recode, December 7, 2016.)
  • If you ever wondered why Google reorganized itself into Alphabet, wonder no more.

Advanced Micro Devices, Inc.: AMD Stock Still Has Room to Run

  • Buz Investors AMD Stock Still Has Room to Run (NASDAQ:AMD) stock, I outlined a bullish pattern developing on the price chart that could really get Advanced Micro Devices stock moving. It did not take long for that feat to be accomplished, as AMD stock has taken flight and is soaring the skies. I
  • In my previous report on Advanced Micro Devices, the stock was trading at $7.80. Now, as I write this report, it is trading at $10.36. That is a 32.8% return in only 16 trading days. That is quite an impressive flight.
  • The reasoning behind my bullish outlook on AMD stock was based on a bullish price pattern that was setting up on the price chart. I even had the audacity to suggest a potential price target of $11.84, and it was the AMD stock
Investors Forex Market Roundup

InvestorsBuz Forex Market RoundUp 12.9.16

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)

InvestorsBuz Forex Market  RoundUp  12.9.16

Forex Market RoundUp 12.9.16 This morning, the greenback is trading mixed against most of the major currencies, ahead of the US flash Michigan consumer confidence index, due to release in a few hours.

This morning, the greenback is trading mixed against most of the major currencies, ahead of the US flash Michigan consumer confidence index, due to release in a few hours.

The EUR is trading marginally lower against the USD. Macroeconomic data indicated that Germany’s trade surplus came in weaker than expected in October. Yesterday, the European Central Bank (ECB), in its recent monetary policy meeting, stated that it would extend its quantitative-easing (QE) program until at least December 2017, but surprised investors by announcing that it will reduce the size of its monthly bond purchases from €80.0 billion per month to €60.0 billion per month, starting April 2017. The central bank also left interest rates unchanged as expected.

The GBP is trading higher against the USD. On the economic front, Britain’s trade deficit sharply narrowed in October, as exports surged to a record high and imports declined in the same month. On the contrary, the nation’s construction sector  witnessed an unexpected slowdown in October.

The AUD gained ground against the USD. Data revealed that, in China, Australia’s largest trading partner, the annual consumer price inflation advanced for a third straight month in November, Moreover, producer prices jumped at its quickest pace in more than five years in the same month.

Yesterday, the greenback traded higher in the New York session, against the key currencies, after the number of Americans filing for fresh jobless benefits fell last week, underscoring strength in the nation’s labor market.

 

EURUSD Euro slips as ECB Extends QE to December

EURUSD

This morning at 10:40 GMT, the EUR is trading at 1.0613 against the USD, marginally lower from the New York close, after data indicated that Germany’s trade surplus narrowed more-than-expected in October. This morning, the pair traded at a high of 1.0629 and a low of 1.0585. The Euro traded 1.61% lower against the US Dollar in the New York session yesterday, with the pair closing the session at 1.0615, after the ECB announced an extension to its monthly asset purchase program through December 2017, in its latest monetary policy meeting. The pair is expected to its find support at 1.0508 and its first resistance at 1.0795.

 

GBPUSD Pound Steady, British Trade Deficit Shrinks

GBPUSD

At 10:40 GMT, the pair is trading at 1.2597, with the Pound trading 0.1% higher against US Dollar from the New York close, after UK’s total trade deficit narrowed more-than-estimated in October. The pair witnessed a high of 1.2620 and a low of 1.2551 during the session. Yesterday, the Pound traded 0.67% lower against the US Dollar in the New York session and ended at 1.2584. Immediate downside, the first support level is seen at 1.2528, while on the upside, the first resistance level is situated at 1.2684.

 

Fed in focus for USDJPY

USDJPY

This morning, at 10:40 GMT, the US Dollar is trading at 114.49 against the Yen, 0.42% higher from the New York close. Overnight data showed that Japan’s BSI large manufacturing index advanced on a quarterly basis in the fourth quarter of 2016. During the session, the pair traded at a high of 114.56 and a low of 113.94. Yesterday, the US Dollar traded 0.12% higher against the Yen in the New York session and ended at 114.01. The pair is expected to its find support at 113.63 and its first resistance at 114.96.

 

USDCHF Testing the November Highs

USDCHF

The US Dollar is trading at 1.0165 against the Swiss Franc at 10:40 GMT this morning, 0.06% higher from the New York close. Earlier in the session, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in November, meeting market expectations. The pair traded at a high of 1.0181 and a low of 1.0149 this morning. Yesterday, the USD traded 0.83% higher against the CHF in the New York session and ended at 1.0159. The pair is expected to its find support at 1.0062 and its first resistance at 1.0225.

 

USDCAD Canadian Dollar Edges Lower

USDCAD

The pair is trading at 1.3177 at 10:40 GMT this morning, with the USD trading 0.09% lower against CAD from the New York close. The pair traded at a high of 1.3212 and a low of 1.3174 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing 0.21% lower at 1.3189. The Canadian Dollar gained ground, after Canada’s building permits unexpectedly jumped on a monthly basis in October. The pair is expected to its find support at 1.3151 and its first resistance at 1.3227.

 AUDUSD remains neutral for the moment

AUDUSD

The pair is trading at 0.7480 at 10:40 GMT this morning, with the Australian Dollar trading 0.23% higher against US Dollar from the New York close. Data released overnight revealed that Australia’s home loan approvals dropped less than anticipated in October. This morning, the pair traded at a high of 0.7484 and a low of 0.7436. The Australian Dollar traded 0.2% lower against the US Dollar in the New York session yesterday, with the pair closing the session at 0.7463. The pair is expected to its find support at 0.7436 and its first resistance at 0.7511.

 Gold prices at standstill as markets look ahead

Gold

Gold is trading at $1171.10 per ounce at 10:40 GMT this morning, 0.11% lower from the New York close. This morning, the precious metal traded at a high of $1173.80 per ounce and a low of $1166.60 per ounce. Yesterday, gold traded 0.2% lower in the New York session and closed at $1172.40 per ounce, amid strength in the greenback. Immediate downside, the first support level is seen at $1164.90 per ounce, while on the upside, the first resistance level is at $1179.00 per ounce.

 

Silver Prices Headed for First Weekly Gain Since the Election

Silver

The precious metal is trading at $17.15 per ounce at 10:40 GMT this morning, 0.29% higher from the New York close. During the session, silver traded at a high of $17.17 per ounce and a low of $16.93 per ounce. In the New York session yesterday, silver fell 0.23% and closed at $17.10 per ounce, tracking losses in gold prices. Immediate downside, the first support level is seen at $16.97 per ounce, while on the upside, the first resistance level is at $17.28 per ounce.

Oil makes shaky gains on optimism

Oil

The commodity is trading at $51.28 per barrel at 10:40 GMT this morning, 0.63% higher from the New York close. Crude oil witnessed a high of $51.50 per barrel and a low of $50.86 per barrel during the session. In the New York session yesterday, crude oil rose 1.86% to close at $50.96 per barrel, amid growing optimism that non-OPEC producers may join the OPEC’s deal to reduce production in an upcoming meeting. Immediate downside, the first support level is seen at $50.20 per barrel, while on the upside, the first resistance level is at $51.93 per barrel.

 




 

 

Economic Snapshot

  

UK total trade deficit fell in October

In October, total trade deficit in the UK dropped to £1.97 billion, following a revised total trade deficit of £5.81 billion in the prior month. Markets were expecting the nation to post a total trade deficit of £4.30 billion.

 

German trade surplus narrowed in October

The seasonally adjusted trade surplus in Germany narrowed to €19.30 billion in October, compared to market expectations of a trade surplus of €22.00 billion. Germany had registered a revised trade surplus of €24.20 billion in the previous month.

  

German exports advanced less than expected in October

In October, the seasonally adjusted exports advanced 0.50% in Germany on a MoM basis, compared to a revised drop of 1.00% in the previous month. Market anticipation was for exports to rise 0.90%.

 

Swiss unemployment rate steadied in November

In November, the seasonally adjusted unemployment rate remained unchanged at a level of 3.30% in Switzerland, meeting market expectations.

  

Chinese producer price index rose more than expected in November

The producer price index in China registered a rise of 3.30% on a YoY basis in November, higher than market expectations for a rise of 2.30%. In the prior month, the producer price index had risen 1.20%.

 

Chinese consumer price index advanced more than expected in November

On an annual basis, the consumer price index recorded a rise of 2.30% in November, in China, higher than market expectations for a rise of 2.20%. In the prior month, the consumer price index had advanced 2.10%.

 

 




Investors Forex Market Roundup

InvestorsBuz Forex Market Roundup 12.8.16

InvestorsBuz Forex Market Roundup 12.8.16

Forex Market Roundup 12.8.16

This morning, the greenback is trading lower against most of the major currencies, ahead of the US weekly jobless claims data, slated to release in a few hours.

The EUR is trading higher against the USD, ahead of the much awaited European Central Bank’s (ECB) interest rate decision. Markets widely expect the central bank to announce an extension to its asset purchase program to boost the region’s stubbornly weak price growth, while keeping the key interest rate unchanged at 0.0%.

The Yen is trading higher against the USD. Earlier in the session, Japan’s final GDP revealed that economy grew much slower than initially estimated on a quarterly basis in the third quarter of 2016, dragged down by weaker business investment and exports, thus adding to signs that the world’s third largest economy is struggling to mount a sustainable recovery.

The CAD gained ground against the USD. Yesterday, the BoC, held the key interest rate steady at 0.50%, stating that economic environment in Canada and global economy had largely moved forward in line with its expectations, despite lingering uncertainty in the US and its other major trading partners.

Yesterday, the greenback traded lower in the New York session, against the key currencies. On the data front, mortgage applications in the US declined last week. Further, the number of job openings in the nation fell less than anticipated in October compared to a revised rise in September. On the other hand, growth in consumer credit marked its slowest rate of increase in 4-months in October.

 EURUSD Euro Punches Above 1.08, Markets Await ECB Rate

EURUSD

This morning at 10:40 GMT, the EUR is trading at 1.0789 against the USD, 0.36% higher from the New York close. Moving ahead, investors will focus on the European Central Bank’s (ECB) interest rate decision, due in some time. This morning, the pair traded at a high of 1.0805 and a low of 1.0745. The Euro traded 0.17% higher against the US Dollar in the New York session yesterday, with the pair closing the session at 1.0750. The pair is expected to its find support at 1.0730 and its first resistance at 1.0826.

 GBPUSD Pound Dips Below 1.26 on Strong US Jobless

GBPUSD

At 10:40 GMT, the pair is trading at 1.2697, with the Pound trading 0.59% higher against US Dollar from the New York close. Overnight data indicated that the Britain’s RICS house price balance advanced more-than-expected in November. The pair witnessed a high of 1.2704 and a low of 1.2610 during the session. Yesterday, the GBP traded 0.08% higher against the USD in the New York session and ended at 1.2623. On the data front, NIESR estimated that UK’s economy expanded 0.4% in the three months to November, compared to a similar rise in the previous period. Immediate downside, the first support level is seen at 1.2608, while on the upside, the first resistance level is situated at 1.2745.

 

USDJPY leaps above 114.00 daily highs

USDJPY

This morning, at 10:40 GMT, the US Dollar is trading at 113.48 against the Yen, 0.24% lower from the New York close. Data released overnight showed that Japan’s final GDP unexpectedly slowed on a quarterly basis in 3Q 2016. During the session, the pair traded at a high of 113.86 and a low of 113.11. In the New York session yesterday, the USD fell 0.22%  against the JPY to close at 113.75. The pair is expected to its find support at 113.01 and its first resistance at 114.04.

 

USDCHF Fails at Attempt to Rebound

USDCHF

The US Dollar is trading at 1.0050 against the Swiss Franc at 10:40 GMT this morning, 0.19% lower from the New York close. Moving ahead, market participants will look forward to Switzerland’s unemployment rate, scheduled to release tomorrow. The pair traded at a high of 1.0087 and a low of 1.0041 this morning. The US Dollar traded 0.26% lower against the Swiss Franc in the New York session yesterday, with the pair closing the session at 1.0069. The pair is expected to its find support at 1.0024 and its first resistance at 1.0092.

 

USDCAD Canadian Dollar Unchanged, Building Permits Sparkles

USDCAD

The pair is trading at 1.3223 at 10:40 GMT this morning, with the USD trading marginally lower against CAD from the New York close. The pair traded at a high of 1.3237 and a low of 1.3203 this morning. In the New York session yesterday, the US Dollar fell 0.32% against the Canadian Dollar to close at 1.3228, after the Bank of Canada (BoC), in a widely expected move, maintained the key interest rate steady at 0.50% at its monetary policy meeting. The pair is expected to its find support at 1.3186 and its first resistance at 1.3278.

AUDUSD Buying pressures are fading

 

AUDUSD

The pair is trading at 0.7489 at 10:40 GMT this morning, with the Australian Dollar trading 0.13% higher against US Dollar from the New York close. Earlier in the session, Australia’s seasonally adjusted trade deficit unexpectedly expanded in October. This morning, the pair traded at a high of 0.7507 and a low of 0.7468. The AUD traded 0.4% higher against the USD in the New York session yesterday, with the pair closing the session at 0.7479. The pair is expected to its find support at 0.7448 and its first resistance at 0.7518.

 

Gold Lower After ECB QE Taper Announcement

Gold

Gold is trading at $1176.70 per ounce at 10:40 GMT this morning, 0.1% higher from the New York close. This morning, the precious metal traded at a high of $1180.70 per ounce and a low of $1175.40 per ounce. The yellow metal traded marginally higher in the New York session yesterday, and closed the session at $1175.50 per ounce, amid weakness in the greenback Immediate downside, the first support level is seen at $1172.17 per ounce, while on the upside, the first resistance level is at $1181.77 per ounce.

 

Silver rallying while dollar weakness sets in

Silver

The precious metal is trading at $17.17 per ounce at 10:40 GMT this morning, 0.12% lower from the New York close. During the session, silver traded at a high of $17.29 per ounce and a low of $17.13 per ounce. Yesterday, silver traded 2.08% higher in the New York session and ended at $17.19 per ounce, reversing its previous session losses. Immediate downside, the first support level is seen at $16.89 per ounce, while on the upside, the first resistance level is at $17.37 per ounce.

OPEC deal will pack little punch in raising oil prices 

Oil

The commodity is trading at $50.05 per barrel at 10:40 GMT this morning, 0.42% higher from the New York close. Crude oil witnessed a high of $50.15 per barrel and a low of $49.61 per barrel during the session. The commodity declined in the New York session yesterday, closing 1.58% lower at $49.84 per barrel, on rising doubts whether OPEC production cuts would be enough to reduce global supply glut. Moreover, the US EIA disclosed that gasoline supplies rose by 3.4mn bls and distillate stockpiles advanced 2.5mn bls, while crude stockpiles eased 2.4mnbls to 485.8mn bls last week. Immediate downside, the first support level is seen at $49.41 per barrel, while on the upside, the first resistance level is at $50.90 per barrel.

 

Economic Snapshot

 

UK house price balance climbed in November

In November, house price balance in the UK rose to a level of 30.00 %, compared to market expectations of a rise to a level of 26.00 %. House price balance had recorded a level of 23.00 % in the previous month.

   

Japanese GDP rose less than expected in 3Q 2016

Cabinet Office Japan has indicated that, in 3Q 2016, the final gross domestic product (GDP) in Japan recorded a rise of 0.30% on a quarterly basis, compared to an advance of 0.20% in the previous quarter. The preliminary figures had recorded a rise of 0.50%. Markets were expecting GDP to climb 0.50%.

  

Chinese trade surplus registered a fall in November

General Administration of Customs of the People’s Republic of China has reported that trade surplus in China dropped to $44.61 billion in November, compared to a trade surplus of $49.06 billion in the prior month. Markets were expecting the nation to record a trade surplus of $46.90 billion.

  

Chinese imports unexpectedly rose in November

In China, imports recorded an unexpected rise of 6.70% on a YoY basis in November, more than market expectations for a fall of 1.90%. Imports had registered a drop of 1.40% in the prior month.

 

InvestorsBuz Business Reviews 8.23.16

InvestorsBuz Business Reviews Today 12.7.16

InvestorsBuz Business Reviews Today 12.7.16

Business Reviews Today 12.7.16

APPLE INC.: APPLE STOCK REMAINS BULLISH DESPITE THE BLEMISH

  • Buz Investors  Apple Stock Remains Bullish  (NASDAQ:AAPL) stock I had mentioned that even though Apple disappointed on earnings, the bull market in AAPL stock remained intact. At the time my report was published,
  • AAPL stock was trading at $114.48, and now (December 6), it is trading at $109.11. As a result, I have some explaining to do.
  • The price has come down a little bit and, in the process, it has added a blemish to the trend. But rest assured; at this moment, the overall trend still remains bullish.

Walt Disney: Could This Trigger Event Send DIS Stock Soaring?

  • Buz Investors Send DIS Stock Soaring Though not exactly widely known for it, for the media powerhouse Walt Disney Co (NYSE:DIS), sports are a big deal.
  • Remember that DIS stock owns ESPN, so “Friday Night Football” has a lot more in common with Mickey Mouse than you would think on first consideration.
  • But some analysts are suggesting that it would be in DIS stock’s best interest to get back to what it does best (media) and sell off ESPN, which may suffer as people continue to cut their cable cord

IBM Stock: IBM’s AI Breakthrough Could Be Huge

  • Buz Investors IBM’s AI Breakthrough International Business Machines Corp.’s (NYSE:IBM) famous artificial intelligence (AI) software, nicknamed “Watson,” is now in training to become a cybersecurity bodyguard.
  • Forty different IBM clients are “beta testing” the powerful AI to see whether it can detect digital threats. However, IBM stressed that Watson is still in the learning process. The testers need to continually feed it data so its cognition can improve to a useful level.
  • For instance, IBM ran a test several months ago which asked Watson to identify the nature of “ransomware.” Anyone remotely familiar with cybersecurity could tell you that ransomware is a virus that holds your computer hostage until you pay the hacker a, well

Apple Stock: Is This Apple Product Line in Danger?

  • Buz Investors Apple Product Line in Danger (NASDAQ:AAPL) devices can usually be counted on to at the very least make waves in the market on hype alone. From “iPhones” to “iPads,” Apple’s product lines aren’t always winners, but they are usually trendsetters with staying power that helps boost Apple stock.
  • But some analysts believe that the “Apple Watch” is headed for trouble as consumers appear to favor simpler wearables.
  • “Where smartwatches were once expected to take the lead, basic wearables now reign supreme,” said IDC Research, Inc. Senior Research Analyst Jitesh Ubrani in a press release. “Simplicity is a driving factor…

Western Digital Corp: This Is Why WDC Stock Is Shooting Higher

  • Buz Investors WDC Stock Is Shooting Higher (NASDAQ:WDC) stock is set to trade higher on Wednesday after the company preannounced that second-quarter revenue is going to come in above the levels that were previously expected.
  • As a result, the company has increased its forecast for second-quarter earnings. WDC stock added an additional 4.79% in after-hours trade after this bullish news was disseminated.
  • This news doesn’t come as total shock, because I have been bullish on WDC stock for some time. Western Digital on October 26, 2016

NVIDIA Corporation: Could NVDA Stock Surge Again in 2017?

  • Buz Investors NVDA Stock Surge Again Any investor who thinks it’s been a bad year for stocks needs to take a closer look at NVIDIA Corporation (NASDAQ:NVDA). Since the start of 2016, this graphics chip-maker has overcome plenty of hurdles and has sent NVIDIA stock (NVDA stock) surging by 183%.
  • But it’s not exactly the kind of company which catches the public imagination; that level of popularity is usually reserved for the likes of Apple Inc. (NASDAQ:AAPL) or Facebook Inc(NASDAQ:FB), not a semiconductor company with an impossible-to-pronounce name.
  • Nonetheless, I think this obscurity makes NVDA stock more valuable.The Steve Jobs and Mark Zuckerbergs of the world are iconic enough to be enshrined in books and films.

SHOP Stock: Why Shopify Inc Could Skyrocket in 2017

  • Buz Investors Shopify Inc Could Skyrocket If your forehead scrunched up in confusion at the name Shopify Inc (NYSE:SHOP), do not be alarmed. Most U.S. investors are completely oblivious to this e-commerce star for one simple reason: it is based in Ottawa, Canada.
  • Barring this one oddity, SHOP stock is simply phenomenal. It averaged revenue growth of 105.3% over the last three full-year periods.
  • Not only does that kind of growth put Shopify in the upper echelon of tech stocks, but it makes this company an undiscovered gem. (Source: “Shopify Announces Second-Quarter 2016 Financial Results,” Shopify Inc, August 3, 2016.)

ATT-Time Warner Deal: Is This Enough to Convince Donald Trump?

  • Buz Investors ATT-Time Warner Deal (NYSE:T) has been under fire ever since President-elect Donald Trump gave the company a piece of his mind about AT&T-’s $85.0-billion deal with Time Warner Inc (NYSE:TWX). This deal makes Trump uncomfortable, as it would lead to a concentration of power.
  • It is not clear what Donald Trump would eventually do about the AT&T-Time Warner merger. However, more clarity will emerge today when the company executives face the senate antitrust subcommittee. T stock gained about two percent on Tuesday and closed at $39.35.
  • AT&T Inc. Chairman and CEO Randall Stephenson plans to tell senators today that his company’s deal with Time Warner Inc will “disrupt” the long-established cable TV model in ways that will benefit consumers, according to his prepared testimony.

Advanced Micro Devices: This Is Why AMD Stock Soared

  • Buz Investors AMD Stock Soared (NASDAQ:AMD) had quite the day Tuesday, with AMD stock rising by about nine percent after the company reportedly entered a licensing deal with fellow chip-maker, Intel Corporation (NASDAQ:INTC).

  • AMD stock got a boost as, according to Investors Business Daily, the chip company is said to be licensing its popular “Radeon” graphics processing unit to be used in Intel’s next generation of CPUs. (Source: “Advanced Micro Devices Soars on Rumored Intel Deal,TheStreet, December 6, 2016.)
  • This would be a big coup for AMD stock, as Intel is currently partnered with rival NVIDIA Corporation (NASDAQ:NVDA). That deal expires in March, which leaves room for AMD to potentially edge out its competitor.
InvestorsBuz Business Reviews 8.23.16

InvestorsBuz Business Reviews Today 12.6.16

InvestorsBuz Business Reviews Today 12.6.16

Business Reviews Today 12.6.16

Why Are So Many Investors Shorting Surging Best Buy Stock?

  • Buz Investors Shorting Surging Best Buy Stock  (NYSE:BBY) hit a new five-year high today, but that wasn’t the only thing breaking records: shorting on Best Buy stock shot up more than it has in nearly a decade.

  • As reported by Matthew Unterman, a director at S3 Partners, LLC, “According to the S3 Short Interest projection, a measure of the real-time relative change in shorting activity, we are estimating real-time short interest to be as high as $2.6 billion in exposure on a notional basis, with as much as 57 million shares now out on loan to borrowers.” (Source: “Best Buy bears are betting that the market is wrong,” MarketWatch, December 6, 2016.)

  • The article went on to say that there hadn’t been shorting like this on Best Buy stock since just before the financial crisis, in July of 2007 through January of 2008.

Canopy Growth: This Is Why Marijuana Stock Fell Today

  • Buz Investors Marijuana Stock Fell Today Canopy Growth Corp (CVE:CGC, TSE:CGC) is starting off the week on a down note, this time falling by almost five percent after it announced today that it has sold $60.0 million worth of stock to a syndicate of underwriters led by GMP Securities and Dundee Capital Partners.
  • The marijuana stock collective as a whole was generally down on Monday, but Canopy Growth is the largest public producer and, therefore, is worthy of closer examination. The shares were sold at $10.60 a piece, down about 6.6% from the $11.35 closing price on Friday. (Source: “Canopy Growth Corporation Announces $60 Million Bought Deal Financing,” MarketWired, December 5, 2016.)
  • The deal involved 5,662,000 common shares being sold, but the underwriters retain the option to purchase an additional 849,300 shares at the $10.60 price for the next 30 days following the closing of the deal, which would increase

Uber AI: What Does Uber Want to Do With Artificial Intelligence?

  • Buz Investors Uber AI Artificial Intelligence (AI) is one area that has been attracting lot of attention from the top technology companies for a while now. Uber Technologies Inc.has become the latest company to be bitten by the AI bug.
  • Uber’s Chief Product Officer Jeff Holden posted on Monday that the company has opened “Uber AI Labs,” a new division dedicated to cutting-edge research in artificial intelligence and machine learning.
  • And he had something more exciting to announce: Uber has acquired the AI research startup Geometric Intelligence, whose 15 members will form the initial core of the AI Labs team. (Source: “Founding Uber AI Labs,” Uber Technologies Inc., December 5, 2016)

Is the Amazon Store the Future of This $795-Billion Industry?

  • Buz Investors Amazon Store the Future (NASDAQ:AMZN), a company known as one of the progenitors of the online shopping revolution is now looking to an altogether more traditional business to challenge:
  • grocery stores. The new “Amazon Store,” set to open in Seattle in early 2017, promises food and ingredients, but plans to do away with cashiers and checkout lines, instead charging your purchases to the “Amazon Go” app.
  • The Amazon Store is powered by what the Amazon video release calls “Just Walk Out” technology, which combines machine deep learning algorithms and sensor fusion to track which items are removed from shelves.

3D Systems Corporation: Awaiting the Running of the DDD Stock Bull

  • 3D Systems Corporation (NYSE:DDD) stock this summer because I had reason to believe that the bear that ravaged the share price of DDD stock had decided that it was finished doing its worst and that it was time to hibernate once again.
  • Price bubbles are formed all the time, and when they burst, it is not uncommon for the share price to reverse and drop to levels that seem unimaginable. In many cases, these investments lose over 90% of their value before a bottom is finally formed. This is the unfortunate aftermath of a bubble bursting.
  • As a result, when I come across an investment that has lost 90% of its value, I begin to look for reasons that would suggest that the bear market has ended and that a new bull market is forming.