Stock Market Today


 

On Sunday, Kellyanne Conway appeared on ABC's "This Week" where she discussed Trump's re-election bid in 2020.

ABC appeared bid Conway discussed election Kellyanne re Sunday Trump

 

Special counsel Robert Mueller is using at least two grand juries (in Virginia and Washington, D.C.) to advance a federal inquiry into possible coordination between President Trump's campaign and Russia.

advance counsel federal GRAND juries Mueller Robert special Virginia WASHINGTON

 

DJIA New Closing Highs By Year [0.10]

Posted on Aug. 7, 2017, 3:47 p.m. by Bespoke Investment Goup @ [source]

The DJIA came into the week riding a streak of eight straight trading days of record closing highs and is currently on pace for a ninth straight record close. As recently as 2014, the DJIA saw 38 record closes and the year before that there were 52.

closes closing closing highs DJIA highs months rank Record straight years

 

The of pledged by promoters of BSE-listed in the country rose by 6 per cent to over Rs 2.64 lakh crore at the end of July.

Till July this year, pledging of was seen in as many as 3,072 of the 5,291 BSE-listed companies, according to data compiled by the exchange.Share pledging is typically done by promoters to raise funds either in the same company or for financing other projects.High pledging levels are typically not considered a good sign by the investors as a downturn in the price can lead to invocation and change in management.At the end of last month, of pledged with non-banking finance (NBFCs) was Rs 62,835 crore.Besides, there were 146 in which 30-50 per cent holding of the promoters was and as many as 84 in which 50-75 per cent was pledged.This is part of the BSEs disclosure on the total number of listed companies, their capitalisation, details about promoters pledge holding and their every month within five working days of the subsequent month.The move is aimed at providing additional actionable information to the market, the said in a statement.

BSE cent crore July lakh listed pledged pledging promoters Rs

 

If there is one area that can generate riches for speculative investors, it would have to be biotech and emerging pharma. When companies are too small they may only have one horse in the race, and when companies are too large they often have many moving parts that can make one event less pertinent for “catalyst investing” themes.

analyst Biotech catalyst companies Esperion firm investors Jefferies screened stock

 

On July 28th, the companies announced immediate termination of this agreement, and shares of Destination plummeted to new low of $1.22.

On 27th July, 2017, the companies announced the immediate and definitive termination of the merger.

Agreement destination flow growth maternity merger Orchestra quarter stock termination

 

Stock Analysis From A To Z: Letter "C" [0.11]

Posted on Aug. 7, 2017, 3:35 p.m. by INO.com Traders Blog @ [source]

There is not much change in the precious metals charts, and that gave me a chance to find some trading setups for stocks.

This is not the perfect setup for those who seek peak/bottom trading.

CAVM consolidation drop loading located mark ratio setup stocks structure

 

Why write another article on Square? I actually decided to write about Square in the wake of a Wall St. Journal article on Square which presented some misbegotten analysis to a national audience.

business capital forecast growth investors payment quarter Revenue services Square

 

Sgt Bill Lowe of the Missouri highway patrol says evidence now links suspect Ian McCarthy to the shooting death of Clinton police officer Gary Michael.

Bill Highway Ian links Lowe McCarthy Missouri Patrol Sgt suspect

 

Do insurance companies get 'bailouts' under Obamacare? Washington Post Fact Checker Glenn Kessler investigates.

Checker companies Glenn insurance investigates Kessler Obamacare post WASHINGTON

 

The economists forecast the strong labor market should put the Federal Reserve on track to raise interest rates once a quarter, even if inflation remains below the Fed's 2 percent target. The markets have doubted the Fed will be able to raise rates because of the lack of inflation, but Goldman economists disagree.

Economists forecast growth inflation Labor market quarter rate unemployment wage

 

The economists forecast the strong labor market should put the Federal Reserve on track to raise interest rates once a quarter, even if inflation remains below the Fed's 2 percent target. The markets have doubted the Fed will be able to raise rates because of the lack of inflation, but Goldman economists disagree.

Economists forecast growth inflation Labor market quarter rate unemployment wage

 

Electric vehicle (EV) maker Faraday Future has announced that the company is putting construction of a planned $1 billion Nevada assembly plant on hold and will instead move to an existing manufacturing facility in California that once was used to make tarps. Given the rapid industry advances in electric vehicles, these are critical aspects for success.

electric Faraday FF91 future LeEco maker miles Model Tesla vehicle

 

The BEA has released the underlying details for the Q2 advance GDP report.

The BEA reported that investment in non-residential structures increased at a 5.2% annual pace in Q2.

annual GDP increased investment lodging Q2 rate single structures year

 

Samsung Announces Preorder for Galaxy S8 Active [0.06]

Posted on Aug. 7, 2017, 3:10 p.m. by 24/7 Wall St. @ [source]

Samsung is gearing up to release its newest Galaxy S8 Active, which will be available for preorder come Tuesday through AT&T. This device series has been the front-runner in the fight against the Apple iPhone, and with the newest iteration of the iPhone debuting this fall, Samsung has to make its stand in what could be a challenging market.

active Galaxy gearing iPhone newest release rugged S8 Samsung shock

 

American conservatism was riven by the Trump candidacy, and it remains so in the first year of his administration. Things indeed were made worse by the "collusion with the Russians" inquisition, which imperils the new presidency nearly before it has ...

administration American candidacy conservatism made remains riven things Trump worse

 

IBM (IBM) has recently announced that its research scientists have achieved a new world record in tape storage in terms of areal recording density.

IBM is revolutionizing storage, which is an essential part of cloud computing including HPC and AI.

AI big data HPC IBM industry Intel SDS storage tape

 

Sebi mulls extending derivatives market timing [0.09]

Posted on Aug. 7, 2017, 3:05 p.m. by Markets @ [source]

In a bid to bring back some of the lost zing, the regulator, the (Sebi), is looking to extend the trading hours for the Sources said was considering if trading in index futures could be kept open even after the cash market closed.

Sources said key feedback received by was that derivatives trading, particularly index futures, could be delinked and allowed to trade beyond cash market hours.

derivatives futures hours index Indian investors market overseas trading turnover

 

FleetCor Technologies (FLT) is growing at a fast pace, and yet the company's shares are not looking overly expensive right here. Other adjustments FleetCor makes to its GAAP results are stock based compensation, amortization of intangible assets (by far the biggest adjustment during the most recent quarter, at $52 million) and a couple of other one-time costs.

compensation cost earnings FleetCor flow growing growth investors Revenue time

 

Bank of America (NYSE:BAC) was cited as one of the largest issuers of credit cards that could be at risk thanks to large levels of net charge-offs. IN fact, according to the report net charge-offs are at their highest levels in four years which may be a worrying trend for banks and for the U.S. economy as a whole.

bank Bank America charge off credit interest income metric net charge quarter rate rising