Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

The Channel

  1. On The West's Demise To The Sidelines...

    29 minutes ago
    Zero Hedge
  2. Putin Blamed For Poland's Bust-Up With...

    about 1 hour ago
    Zero Hedge
  3. Germany: Spike In Stabbings

    about 2 hours ago
    Zero Hedge
  4. Keith Neumeyer On How Gold Gets To...

    about 4 hours ago
    Silver Doctors
  5. Who Gets To Push The Nuclear Button?

    about 5 hours ago
    Zero Hedge
  6. Victoria's Secret Staff Think The...

    about 5 hours ago
    Zero Hedge
  7. Top NSA Whistleblower Claims...

    about 6 hours ago
    Zero Hedge
  8. How A Half-Educated Tech Elite...

    about 6 hours ago
    Zero Hedge

Trade Idea of the Day Presented by: The Fly

Sage Therapeutics price target raised to $112 from $80 at BMO Capital

BMO Capital analyst Gary Nachman raised his price target for Sage Therapeutics to $112 saying he received "very positive" feedback from two leading psychiatrists on the brexanolone Phase 3 data in both severe and moderate postpartum depression. The shares closed yesterday up 20c to $85.67... Read More

BLS: Unemployment Rates Lower in 12 states in October; Alabama, Hawaii and Texas at New Series Lows

Note from the BLS on Puerto Rico: The Puerto Rico household survey was conducted for the October 2017 reference period. However, the response rate was below average, in part as a result of difficulties accessing some remote areas that were significantly affected by Hurricanes Irma and Maria. From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in October in 12 states, higher in 1 state, and stable in 37 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Twenty-three states had jobless rate decreases...

On The Fly: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. L Brands (LB) upgraded to Outperform from Sector Perform at RBC Capital with analyst Brian Tunick saying fundamental improvements are helping Victoria's Secret comps and margins are bouncing off their lows. 2. Nielsen (NLSN) upgraded to Buy from Neutral at Citi with analyst Jason Bazinet saying cost cuts and better sales results will help Nielsen generate better results in 2019 and 2020. 3. Anadarko (APC) upgraded to Outperform from Market Perform at BMO Capital with analyst Phillip Jungwirth saying the company's outlook suggests competitive growth, free cash...

Turkish Lira, Bonds Plunge After Erdogan Tells Central Bank "It's On The Wrong Path"

Turkish lira plunged near record low 3.9/USD this morning and bond yields spiked over 12.5% for the first time in history as investor anxiety escalated following President Erdogan's attack on the nation's central bank, decrying it's "wrong path." Currency crisis... And bond market panic... As Bloomberg reports, Turkish President Recep Tayyip Erdogan signaled an end to his uneasy truce with the new central bank chief, attacking the institution now run by Governor Murat Cetinkaya for its repeated revisions to economic targets and “wrong path” to tackle soaring inflation. “They say central banks are...

Despite Massive Liquidity Injection, Chinese Stocks, Commodities Head For Worst Week Of Year

The PBOC stepped up cash injections this week, suggesting authorities are trying to shore up financial markets as a selloff in bonds spreads to equities... but it is not working! As Bloomberg reports, the central bank has already added a net 510 billion yuan ($77 billion) via open-market operations into the financial system this week, matching the third biggest weekly injection this year. But, it is not enough... While bonds did stabilize - managing to avoid closing beyind the crucial 4.00% level...

Wal-Mart Has It’s Best Day In 9 Years; While $FANG Sets Up Ahead Of Thanksgiving

Do you really want to short this market? Can we all get a hand clap for $WMT, the only company who appears to be going head to head with $AMZN. As Carl reported, $WMT has had it’s best day in nine years thanks to their online growth, fueled by one of their recent buys jet.com. Wal-mart land on top of today’s hybrid list: Other than Wal-Mart, it appears the FANG stocks are setting up once again, and litter today’s robust hybrid screen...

Venezuela, PDVSA CDS Triggered: ISDA Says Credit Event Has Occured

In a long overdue, and not exactly surprising decision, moments ago the ISDA Determination Committee decided, after punting for three days in a row, that a Failure to Pay Credit Event has occured with respect to both the Bolivarian Republic of Venezuela as well as Petroleos de Venezuela, S.A. Specifically, in today's determination, in response to the question whether a "Failure to Pay Credit Event occurred with respect to Petroleos de Venezuela, S.A.?" ISDA said that the Determinations Committee voted 15 to 0 that a failure to pay credit event had occurred with respect to PDVSA...

Earlier: Philly Fed Manufacturing Survey showed "Activity Continues to Expand" in November

Regional manufacturing activity continued to expand in November, according to results from this month’s Manufacturing Business Outlook Survey. The indexes for general activity and shipments fell from their October readings but remained positive, while the survey’s index for new orders rose. The employment index fell but remained elevated. Almost all of the future indicators rose, and firms continue to expect growth in both activity and employment over the next six months. The diffusion index for current manufacturing activity in the region remained positive but decreased from a reading of 27.9 in...

Mednax jumps after Paul Singer's Elliott takes activist stake

Shares of Mednax are moving higher after Paul Singer's Elliott Associates this morning disclosed an activist stake in the provider of physician services. Elliott has a combined economic exposure in the company of approximately 7.0%. The activist believes the shares are "undervalued" and seeks to engage in a "constructive dialogue" with management and the board "regarding strategic options and operational opportunities to maximize shareholder value." Elliott believes that there is "substantial upside" from Mednax's unaffected share price level of $43.37 per share, the closing price on November 3...

Recent Tweets @InvestChannel

Follow Us on Twitter