Trading Ideas

Sports Betting Will Help Many Gaming Companies On The Margins, But Impact Will Likely Be Tempered

Some investors might have thought that last week’s Supreme Court decision that paves the way for legal sports betting in all 50 states would have resulted in skyrocketing stock prices of the largest perceived beneficiaries. And yet, the market reaction thus far has been fairly tame. Consider Penn ...

UPDATE: DUG Permian—Why Marathon Loves The Rock

Todd Abbott, vice president of resource plays south for Marathon Oil Corp., can tick off the reasons his company likes the Permian Basin: High quality rock; Ability to scale; and High potential. Marathon’s strategy, Abbott told attendees at told attendees May 22 at DUG Permian Basin, is to devot ...

Chesapeake Energy (CHK) Stock: Yet Another Day Of Gains With More To Come

Chesapeake Energy Corporation (NYSE: CHK) is having yet another incredibly strong start to the trading session this morning, following up on the impressive gains that we’ve seen on the stock as of late. So, what’s in store for the stock? In my opinion, there are more gains to come. Today, we’l ...

GBP/USD – British Pound Unchanged after Carney Testimony

The British pound is showing little movement in the Tuesday session. In North American trade, GBP/USD is trading at 1.3427, unchanged on the day. On the release front, Britain posted a deficit of GBP 6.2 billion, below the estimate of 7.2 billion. This marked the first deficit after a string of thre ...

Blink Charging (BLNK) Stock: Headed For The Top On Member Growth

Blink Charging Co (NASDAQ: BLNK) is having an overwhelmingly strong start to the trading session this morning after the company announced that it is seeing incredible growth in membership. Of course, when the news hit, excited investors reacted by sending the stock on a run for the top. Today, we’ ...

Trade is Important, but Capital More So

Tensions between the world's two largest economies over trade issues have dominated the agenda in recent weeks.  Trade in goods and services is important.  China is the top market for US goods exports in 2017.   It bought more  $127 bln of US exports last year, a 12% increase after small ...

Precipio (PRPO) Stock: Heading For The Top On Preliminary Data

Precipio Inc (NASDAQ: PRPO) is having an incredibly strong start to the trading session this morning, and for good reason. The company announced sales results showing that sales are growing at an incredible rate. Of course, this news excited investors, leading to gains in the value of the stock. Tod ...

USD/JPY – Japanese Yen Steady, BoJ Inflation Falls Short

The Japanese yen has ticked higher in the Tuesday session. In North American trade, USD/JPY is trading at 110.92, down 0.12% on the day. On the release front, Bank of Japan Core CPI dropped to 0.5%, missing the estimate of 0.6%. Later in the day, Japan releases Flash Manufacturing PMI, which is exp ...

Libbey (LBY) Stock: Falling Hard On Halted Dividend

Libbey Inc. (NYSEAMERICAN: LBY) is having an overwhelmingly rough start to the trading session this morning, and for good reason. The company announced that it would be suspending dividend payments to investors, leading to fear and sending the stock tumbling down. Today, we’ll talk about: The news ...

Check Cap (CHEK) Stock: Headed For The Top On Clinical Data

Check Cap Ltd (NASDAQ: CHEK) is having an overwhelmingly strong start to the trading session this morning after the company announced the publication of clinical data. Of course, the news proved to be overwhelmingly positive, leading to excitement among investors and sending the stock on a tear for ...