stock trading books

I have noticed that names in the US Energy and Equipment sector seem to be declining even while energy prices and production volumes are increasing. This makes me start to wonder if their might be an opportunity or two in this sector for the new year. First to check out whether my impression was correct, I produced this chart comparing the iShares US Oil Equipment & Services (IEZ) with the Powershares Energy ETF (DBE).

Source: Yahoo Finance

I chose DBE specifically because I didn’t want to just focus on the price of domestic oil ‘WTI’ but also wanted to bring in natural gas and other energy commodities which can support demand for the equipment and services sector. As you see in the chart above, my hunch appears justified. Throughout 2016 until June 2017, the IEZ and DBE move roughly in unison; however, starting in July the two have become decoupled (IEZ is -20%, DBE +10%).

stock trading books: Credit Suisse Group(CS)

Advisors’ Opinion:

  • [By Paul R. La Monica]

    European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He’s shorting all three.

  • [By Wayne Duggan] Related DB Deutsche Bank In The Tank Mike Khouw Sees Unusual Options Activity In Deutsche Bank 33 Large Banks On The Federal Reserve's Radar In 2016 (Seeking Alpha)
    Related CS Earnings Scheduled For February 4, 2016 Blockchain Moves Forward In The Financial Industry Credit Suisse Group AG (CS) Tidjane Thiam on Q4 2015 Results – Earnings Call Transcript (Seeking Alpha)

    The latest credit default swap (CDS) data from BMO Capital Markets indicate a number of investors are growing increasingly concerned about the one-year outlook for capital markets. In a new report, analyst Mark Steele discussed the recent surge in one-year CDS activity, and what it means for the market.

  • [By Money Morning News Team]

    That’s why Krauth predicts the price of gold will hit $1,400 by the end of the year. Many analysts from banks likeCredit SuisseGroup AG (NYSE ADR: CS) even see gold going as high as $1,500.

  • [By Diane Alter]

    The head underwriters for the ZTO IPO are Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. (NYSE: GS). Also working on the deal are China Renaissance, Citigroup Inc. (NYSE: C), Credit Suisse Group AG (NYSE ADR: CS), and JPMorgan Chase & Co. (NYSE: JPM).

  • [By David Zeiler]

    The federal government’s largesse isn’t restricted to U.S.-based companies, either. Foreign companies, including foreign banks, are also welcome. Credit Suisse Group AG (NYSE ADR: CS) got $225.1 billion, and UBS Group AG (NYSE: UBS) got $249.1 billion.

stock trading books: Facebook, Inc.(FB)

Advisors’ Opinion:

  • [By Shanthi Rexaline]

    When Facebook Inc (NASDAQ: FB) recently said it, along with a consortium, is investing $14 million into the creation of a News Integrity Initiative, it came as a no surprise and reflected the kind of menace fake news is turning out to be.

  • [By Jack Delaney]

    The annual Facebook Inc. (Nasdaq: FB) conference will start today (April 18, 2017), and the two-day event will cover 16 topics, some of which include:

  • [By Money Morning News Team]

    The development of Snapchat was driven by concerns that employers were making hiring decisions based on what users had posted on Facebook Inc. (Nasdaq: FB).

  • [By Jack Delaney]

    A deal with Facebook Inc. (Nasdaq: FB) brought the little-known Knowles Corp. (NYSE: KN) to investors’ attention today, boosting Knowles Corp. stock by 2.3% as of 12:30 p.m. today (Oct. 30, 2017).

  • [By Jack Delaney]

    Yes, the price of Facebook Inc. (Nasdaq: FB) stock is down 4% today (Sept. 25, 2017) because of the cancelation news. Despite the drop, we’re reiterating our bullish FB stock price target for 2020 today.

stock trading books: SL Green Realty Corporation(SLG)

Advisors’ Opinion:

  • [By Nelson Hem]

    “Manhattan on Sale? That’s the Case With Two Cheap REITS” by Andrew Bary discusses whether Manhattan-focused real estate investment trusts Vornado Realty Trust (NYSE: VNO) and SL Green Realty Corp (NYSE: SLG) could rally as the New York market firms. Both trade at a discount to the value of private-market property deals, says the article.

stock trading books: NQ Mobile Inc.(NQ)

Advisors’ Opinion:

  • [By Belinda Cao]

    Oberweis China Opportunities Fund (OBCHX), the best-performing U.S.-based fund investing in Chinese stocks, said Internet companies from NQ Mobile Inc. (NQ) to Qihoo 360 Technology Co. (QIHU) will extend a rally after jumping more than three-fold this year.

  • [By Lisa Levin]

    NQ Mobile Inc (ADR) (NYSE: NQ) shares dropped 16 percent to $3.88 after the company issued an update on the FL Mobile divestment. NQ Mobile is expected to report Q4 financial results on March 21, 2016.

  • [By Lisa Levin]

    On Thursday, telecommunications services shares gained by 0.42 percent. Meanwhile, top gainers in the sector included 8×8, Inc. (NASDAQ: EGHT), up 4 percent, and NQ Mobile Inc (ADR) (NYSE: NQ), up 2 percent.

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