• Breaking News

    Tuesday, February 27, 2018

    Stock Market - Nasdaq to list first Cannabis stock: Cronos Group

    Stock Market - Nasdaq to list first Cannabis stock: Cronos Group


    Nasdaq to list first Cannabis stock: Cronos Group

    Posted: 27 Feb 2018 09:18 AM PST

    This is rather important for US investors looking for marijuana exposure: https://www.bnn.ca/nasdaq-to-see-first-cannabis-listing-as-cronos-group-joins-exchange-1.1011086

    submitted by /u/bongbitcoin11
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    Fed announcement today?

    Posted: 27 Feb 2018 05:38 AM PST

    Fed initially predicted 3 rate hikes and mentioned they'd be open to adding more as necessary. It sounds like many think 4 rate hikes is likely: huge tax cuts as well as a seemingly unstoppable bull market that's already back to near where it was before the correction will likely lead to more inflation, correct?. Shouldn't the market be reacting negatively to the possibility of 4 rate hikes or are we just enjoying a nice run-up before the announcement?

    submitted by /u/rstumbaugh
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    Amazon buys Ring

    Posted: 27 Feb 2018 01:19 PM PST

    Amazon is buying smart doorbell maker Ring, a deal that will allow Amazon to work with the team on home security, the companies said.

    In an email statement to CNBC, Ring's spokesperson confirmed the deal, saying, "We'll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods."

    Amazon is expected to keep Ring as an independent business, much like it has with other its acquisitions, like Zappos and Twitch, according to GeekWire, which earlier reported details of the deal. The deal is expected to be worth over $1 billion, according to Reuters.

    The two companies are expected to announce the deal later today.

    Amazon's spokesperson also confirmed the deal, saying, "Ring's home security products and services have delighted customers since day one. We're excited to work with this talented team."

    Ring has raised $209 million so far, and was last valued at $760 million, according to Pitchbook.

    This isn't the first time Amazon has partnered with Ring. The e-commerce company previously invested in Ring through its Alexa Fund, which exclusively invests in companies that help scale its Alexa voice-technology.

    In a previous interview with CNBC, Ring CEO Jamie Siminoff described his relationship with Amazon and Alexa Fund as "nuclear power," in reference to the company's potential to both help and destroy your business.

    "To say Amazon will not compete with you is lunacy because they compete with everybody," Siminoff said. "They're like nuclear power. They are very, very powerful and you can get amazing, clean energy from them but there's also the possibility of getting human radiation if you're not careful."

    Link: https://www.cnbc.com/2018/02/27/amazon-buys-ring-the-smart-door-bell-maker-it-backed-through-alexa-fund.html

    Note: Great acquisition. Go Amazon!

    submitted by /u/snack-fu-bling
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    Tech (QQQ) almost back at ATHs <0.25% away

    Posted: 27 Feb 2018 07:44 AM PST

    Stock Analysis | Week 2

    Posted: 27 Feb 2018 03:00 PM PST

    Last week I offered to review your tickers and give you a brief, mostly technical, analysis. It seemed to be heavily used, so I will be doing it again this week. However, I'm going to add some rules so that I can feel like I'm pushing you guys to do your best.

    1. No ETF/ETD. They're based on the underlying asset which it's pretty easy to google.

    2. Nothing under $2. Our Weekly Pick Challenge has this as a rule and for good reason, so I will carry it over here.

    3. This one is big Try your best to say why you want that ticker looked at. If you've already done DD on it, let us know what you found. To be successful you must do your DD, so I want to get people in the habit of thinking instead of just posting tickers and expecting work done for them.

    Last week I just went in first come first serve order. This week I will go in the same order amongst those that try their best to follow those rules.

    As always, GLTA!

    submitted by /u/Angelareh
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    TRXC

    Posted: 27 Feb 2018 02:27 PM PST

    Thoughts on this stock? In my opinion it could be a winner long term and here's why...Robotic surgery. Statistically speaking, robotic surgery is expected to grow in the next decade. There is currently only one big time player in the robotic surgery field with not much if any competition. ISGR. They have been around for about 15 years and have a market cap of about 48.4 billion. That's pretty fierce. Now imagine if any of that can be captured by an up and coming company. Last October the FDA cleared a challenger with another (RASD) Robotically assisted surgical device for minimally invasive surgery. In comes (TRXC) TransEnterix with the new FDA approved Senhance robot. Can they take some of that market share? Apparently this machine has haptic feedback and 3D vision that the competition lacks. As of now from my research they haven't sold any but the earnings report next week might say otherwise. To me, it will take time to get this machine to market but the upside just seems like it could be huge. Thoughts?

    submitted by /u/MybellyYourbacK
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    Patriot One, potential solution to shootings and great investment opportunity.

    Posted: 27 Feb 2018 07:41 AM PST

    A weapons detection system that can identify weapons on individuals entering a building.

    Already approved in Canada and the US.

    Put this at the entrances of a building, and the alarm will go off when they enter. Then just lock them in the entryway.

    No competing systems yet. If they are successful in bringing it to market it could be huge.

    submitted by /u/brandnewb
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    U.S. Stock Market Surge - 'The Bull Market Is Back'

    Posted: 27 Feb 2018 07:37 AM PST

    Monday, February 26, was a red-letter day for the U.S. stock market. All three major indexes (DJIA, S&P 500 and Nasdaq) opened up and then charged ahead, knocking over barriers and practically shouting, "The bull market is back!"

    Disclosure: Author is invested in U.S. stocks and U.S. stock funds

    What correction?

    It was so fast! On Feb. 10 in "U.S. Stock Market Signals 'That's All, Folks!' - Time To Buy," I explained why the correction looked like it was playing out in record time. https://www.forbes.com/sites/johntobey/2018/02/27/u-s-stock-market-surge-signals-bull-market-is-back/#fd8ba306b0af

    submitted by /u/rogerdrago
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    r/StockMarket Weekly Stock Pick Challenge for the Week of (2/26-3/2) is now LIVE!

    Posted: 27 Feb 2018 03:28 AM PST

    (2/27) - Tuesday's Pre-Market Stock Movers & News

    Posted: 27 Feb 2018 05:41 AM PST

    Good morning traders of the r/StockMarket sub! Welcome to Tuesday! Here are your pre-market stock movers & news this morning-


    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Frontrunning: February 27th

    • The Florida teenager accused of carrying out the deadliest mass shooting at a high school in modern U.S. history will appear in courttoday as the nation debates gun control. Nikolas Cruz is expected to be in a criminal court for a hearing on obtaining evidence from him. (Reuters)
    • Trump claims he would have run into school during shooting (CNBC)
    • Florida deputy denies he was a 'coward' during shooting (USA Today)
    • Gun-maker stocks are trading like something is different after Florida massacre (CNBC)
    • The House Intelligence Committee is scheduled today to speak with Hope Hicks, one of President Trump's closest aides and advisors. Rep Mike Conaway, who is running the panel's probe, said he would not be surprised if Hicks refused to answer certain questions. (Washington Post)
    • Energy Secretary Rick Perry is expected to lead nuclear energy talkswith Saudi Arabia officials in London on Friday, Bloomberg reported, citing sources. Perry reportedly scrapped a trip to New Delhi to create an opening for him to lead an inter-agency delegation to London.
    • Twenty states have sued the federal government over Obamacare, claiming the law is no longer constitutional without the individual mandate. The mandate was eliminated as part of the new tax legislation signed into law by President Trump in December. (Reuters)
    • SeaWorld Entertainment (SEAS) announced this morning that its CEO Joel Manby resigned and named John Reilly as its interim CEO. Current Chairman of the * * * Board Yoshikazu Maruyama has become interim executive chairman until a permanent CEO is appointed. (CNBC)
    • "Pharma bro" Martin Shkreli's hopes for a light prison sentence were dealt a huge blow after a judge ruled that his crimes caused a loss of $10.4 million. Shkreli, who will be sentenced on federal fraud charges on March 9, could get a prison sentence of 10 years or more. (CNBC)
    • Apple (AAPL) is launching a group of health clinics for its own employees and their families this spring, sources tell CNBC. The clinics, called AC Wellness, will initially only serve Apple employees in Santa Clara County, where its headquarters are located.
    • Apple confirms it uses Google's cloud for iCloud (CNBC)
    • Sam's Club, a division of Walmart(WMT), is partnering with Instacart to offer same-day delivery, countering Amazon (AMZN) and Whole Foods. The partnership raises fresh questions about the future of Walmart's grocery delivery business. (CNBC)

    STOCK FUTURES NOW:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET HEAT MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S IPO'S:

    (CLICK HERE FOR THIS WEEK'S IPO'S!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($SQ $JD $VRX $PCLN $FIT $JCP $M $CRM $LOW $PANW $LL $BBY $NTNX $WTW $ADI $FL $TOL $AMT $SN $SWN $EMES $AZO $IONS $VMW$EXEL $KSS $BCC $CLVS $CPRT $AMC $ALB $ACAD $TJX $DF $AWI $RRC $SPLK $FTR $ENDP $SRPT $CRK $PZZA $DDD $WDAY $BUD)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($M $LL $TOL $AZO $AMT $IONS $ENDP $NXST $BNS $LGIH $CRCM $MNK $SRE $BMO $VAC $SEAS $DISCA $AMRN $PRGO $MGLN $STAY$ESV $AES $SHOO $IPI $CRI $EV $VSI $ANIP $SERV $SHLX $AMAG $EXLS $GSM $GTN $LAMR $SAH $PNTR $FMS $AAON $BCRX)

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #1!)
    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #2!)
    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #3!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)
    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #3!)

    THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)

    THIS MORNING'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #5!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #6!)

    THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

    • FIT
    • M
    • PCLN
    • PANW
    • ENDP
    • SQ
    • SRNE
    • LL
    • MNK
    • AKRX
    • CRZO
    • CMCSA
    • VERI
    • BB
    • TOL
    • ATRA
    • AZO
    • AMAG
    • DISCA
    • NTRI
    • FTSI
    • SHOO
    • IART
    • IONS
    • SEAS
    • HYH
    • DDS
    • AMT
    • STKL
    • RLGY

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Comcast – Comcast offered to buy British broadcaster Sky for $31 billion, in a challenge to 21st Century Fox. The NBCUniversal parent's per-share offer is about 16 percent higher than Fox's prior agreement to buy the portion of Sky that it doesn't already own. NBCUniversal is the parent of CNBC.

    STOCK SYMBOL: CMCSA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Toll Brothers – Toll reported better-than-expected earnings and revenue for its first quarter, as the luxury home builder sold more homes at higher prices. Orders for new homes rose nearly 20 percent from a year earlier.

    STOCK SYMBOL: TOL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Discovery Communications – The TV network operator beat estimates by 6 cents a share, with adjusted quarterly profit of 47 cents per share. Revenue also beat forecasts as U.S. ad sales increased. Discovery also received Justice Department clearance for its planned purchase of Scripps Networks Interactive.

    STOCK SYMBOL: DISCA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Palo Alto Networks – Palo Alto reported adjusted quarterly profit of 86 cents per share, 7 cents a share above estimates. Revenue also topped expectations. The cybersecurity company's results were helped in part by a surge in sales of its firewall protection software.

    STOCK SYMBOL: PANW

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Fitbit – Fitbit reported a loss of 2 cents per share for its latest quarter, compared to analyst expectations of a breakeven quarter. Revenue also fell below estimates for the maker of wearable fitness devices, and the company also gave lower-than-expected guidance as newly launched products fall short of initial projections.

    STOCK SYMBOL: FIT

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    SeaWorld Entertainment – The theme park operator lost 24 cents per share for its latest quarter, five cents wider than expected, but revenue did beat Street forecasts. SeaWorld also announced that CEO Joel Manby is stepping down, to be succeeded on an interim basis by current Chief Parks Operations Officer John Reilly.

    STOCK SYMBOL: SEAS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Microsemi – Microsemi is in advanced talks to be bought by Microchip Technology, according to both The Wall Street Journal and Reuters. The potential deal that would unite the chipmakers is said to be roughly in the mid-$60s per share, although sources say there is no guarantee a transaction will be finalized.

    STOCK SYMBOL: MSCC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    American Airlines – American and Qantas are trying to a second time to gain U.S. regulatory approval for a joint venture to coordinate prices and schedules. An initial request was rejected in 2016 after rivals Hawaiian Airlines and JetBlue objected.

    STOCK SYMBOL: AAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Broadcom – Broadcom's pursuit of rival chipmaker Qualcomm is being examined by CFIUS, the inter-agency panel that examines deals for possible national security concerns, according to sources who spoke to Reuters.

    STOCK SYMBOL: AVGO

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Toyota Motor – Toyota has developed a magnet which reduces the use of the rare earth metal neodymium in electric car production. The new technology would save on production costs as well as cut the risk of a materials supply shortage.

    STOCK SYMBOL: TM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Akorn – Akorn's deal to be bought by German health-care group Fresenius is in doubt, because of a Food and Drug Administration probe into data integrity at Akorn. Fresenius said it was conducting its own investigation into alleged breaches by the U.S.-based maker of liquid generic drugs.

    STOCK SYMBOL: AKRX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Xerox — Activist investor Darwin Deason is seeking to nominate a new Xerox board, as he and fellow investor Carl Icahn continue to oppose a takeover by Japan's Fujifilm.

    STOCK SYMBOL: XRX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apple – Apple is rolling out new primary care health-care clinics for its own employees, according to several sources.

    STOCK SYMBOL: AAPL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Parcel Service – UPS is suing European regulators for blocking its $7 billion acquisition of Dutch delivery company TNT Express in 2013. Following that rejection, TNT was bought by UPS rival FedEx.

    STOCK SYMBOL: UPS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Delta Air Lines – Delta has been threatened with the loss of Georgia-based tax breaks, after discontinuing discounts for members of the National Rifle Association. Lt. Gov. Case Cagle said the lawmakers would strike down a $50 million sales tax exemption if Delta did not restore the discounts.

    STOCK SYMBOL: DAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Tenet Healthcare – Tenet beat estimates on both the top and bottom lines, with the hospital operator also raising its 2018 forecasts. Tenet's results were helped by an increase inpatient admissions.

    STOCK SYMBOL: THC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Nutrisystem – The diet systems provider reported adjusted quarterly profit of 42 cents per share, beating estimates by 2 cents a share. Revenue also came in above forecasts. The company also raised its dividend by 43 percent to 25 cents per share, however shares were coming under pressure because of a lighter-than-expected 2018 forecast.

    STOCK SYMBOL: NTRI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Mallinckrodt – The U.K.-based drugmaker earned an adjusted $2.01 per share for its latest quarter, beating the consensus estimate of $1.69. Revenue was also above consensus.

    STOCK SYMBOL: MNK

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.


    DISCUSS!

    What is on everyone's radar for today's trading day ahead here at r/StockMarket?


    I hope you all have an excellent trading day ahead today on this Tuesday, February 27th, 2018! :)

    submitted by /u/bigbear0083
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    NFLX, APPL, AMZN, NVDA -- where would you put $2,000 (rest of portfolio is index)

    Posted: 26 Feb 2018 08:03 PM PST

    NFLX, APPL, AMZN, NVDA -- where would you put $2,000 (rest of portfolio is index)

    submitted by /u/explore__
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