German bunds are trying to deliver a message to stock-market investors: Achtung!
According to market technician Tom McClellan, a narrowing yield spread between German 10-year bonds, known as bunds
TMBMKDE-10Y, +0.00%
and their U.S. counterpart
TMUBMUSD10Y, +0.00%
has historically been a bad omen for equity markets.
stock trading courses: BP Prudhoe Bay Royalty Trust(BPT)
Advisors’ Opinion:
- [By Lisa Levin]
In trading on Friday, energy shares fell by 1.30 percent. Meanwhile, top losers in the sector included BP Prudhoe Bay Royalty Trust (NYSE: BPT), down 14 percent, and Gulf Island Fabrication, Inc. (NASDAQ: GIFI), down 13 percent.
- [By WWW.MONEYSHOW.COM]
Our featured recommendation, the BP Prudhoe Bay Royalty Trust (BPT), is a grantor trust. What that means is that the trust holds royalty interest in minerals from the Prudhoe Bay on the North Slope of Alaska.
stock trading courses: AxoGen, Inc.(AXGN)
Advisors’ Opinion:
- [By Lisa Levin]
AxoGen, Inc. (NASDAQ: AXGN) was down, falling around 10 percent to $22.42. AxoGen reported a proposed public offering of common stock.
Commodities
stock trading courses: CME Group Inc.(CME)
Advisors’ Opinion:
- [By David Zeiler]
Bitcoin futures trading started at the CBOE Global Markets Inc. (Nasdaq: CBOE) on Dec. 10 and on the much larger CME Group Inc. (Nasdaq: CME) on Dec. 18. Nasdaq Inc. (Nasdaq: NDAQ) plans to begin trading Bitcoin futures in the first half of next year.
- [By ]
Market Exchanges like the CME Group (Nasdaq: CME) have just started allowing trading in bitcoin futures and could attract an entirely new type of retail user as well as allowing institutional clients access to the bitcoin theme. Exchanges make their money on transactional volume, so a bursting of the bitcoin bubble wouldn’t necessarily mean weakness for shares.
stock trading courses: United Natural Foods, Inc.(UNFI)
Advisors’ Opinion:
- [By Peter Graham]
A long term performance chart for the Hain Celestial Group shows shares having once outperformed underperforming peers such as large capWhole Foods Market, Inc (NASDAQ: WFM) and small cap United Natural Foods, Inc (NASDAQ: UNFI):
- [By Peter Graham]
Small cap natural andorganic foods stock United Natural Foods, Inc (NASDAQ: UNFI) reported fiscal Q4 2017 earnings after the Wednesday market close with shares closing up 5.29% after better-than-expected earnings results in a space thats facing deflation especially after the Amazon-Wholefoods deal was announced. Q4 net sales increased 5.7% to $2.34 billion as sales were positively impacted by the acquisitions of Haddon House Food Products, Inc. and Gourmet Guru, Inc (Due to the integration of these acquisitions, the financial impact of acquired businesses is no longer fully separable). Net income increased 12.1% to $38.9 million.
- [By Peter Graham]
A long term performance chart for the Hain Celestial Group shows shares having once strongly outperformed largely underperforming peers such as large capWhole Foods Market, Inc (NASDAQ: WFM) and small cap United Natural Foods, Inc (NASDAQ: UNFI):
stock trading courses: AmerisourceBergen Corporation (Holding Co)(ABC)
Advisors’ Opinion:
- [By Ben Levisohn]
AmerisourceBergen (ABC) sprinted to the top of the S&P 500 after releasing Street-beating earnings this morning.
Getty Images
Shares of AmerisourceBergen jumped 8.8% to $$75.96 today, while the S&P 500 dropped fell 0.7% to 2,097.94.
Leerink’s David Larsen and Matt Dellelo traces today’s big gain to Amerisource’s big drop following McKesson’s (MCK) earnings last week:
This morningAmerisourceBergen reported adjusted EPS of $1.30, which was well ahead of Leerink/consensus of $1.22/$1.22. The quality of the beat appears decent, with some pressure in gross margin, completely offset by lower SG&A costs. Given the dramatic reduction in guidance provided byMcKesson (MP), investors had been very cautious heading into the quarter. We are pleased to see that F2017 EPS guidance of $5.63-$5.88 brackets Leerink/consensus estimates of $5.85/$5.82. Brand inflation is now expected to be in the +7-9% range from 10% previously, and F2017 is expected to be back-half loaded. Our first impression of the quarter is that the print and guide are good and there will likely be a relief rally in the shares.
AmerisourceBergen’s market capitalization rose to $18.1 billion from $16.6 billion yesterday.
stock trading courses: WPP plc(WPPGY)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
WPP plc (WPPGY) — Most of WPP’s public websites were rendered inaccessible after the world’s biggest advertising group said its IT systems were the focus of a suspected cyberattack. Shares traded down almost 1% in early afternoon.
