Stock Market Today


 

We had a reader request for comment on Papa Johns (PZZA) following its just reported quarterly earnings. That said, we try to honor requests for coverage as time allows, and as such we are initiating coverage on Papa Johns.

business earnings growth income key quarter revenues sales stock store

 

The portfolio now has ten positions, and so in future editions we will be searching for weak links to cut loose.

Keep in mind that we are quite nimble in our selections, and readers are encouraged to pay close attention as positions could be added to or sold in any ROTY post based on new developments.

management Model position quarter Reader shares significantly stock thesis trade

 

Morgan Stanley has highlighted the industries that could be safe from Amazon's disruptive domination.

Citing regulatory hurdles and legal obstacles alone, Nowak noted that Amazon would struggle to break into industries like pharmaceuticals, automobile manufacturing, and commercial airlines.

Airlines Amazon disruptive domination highlighted Morgan noted Nowak safe Stanley

 

This article tries to present a balanced view of PFE and explores why the stock may begin to provide some alpha in the years ahead.

Thus, the commentary in the Carroll article quoted above.

big drug Lyrica PFE Pharma product Q2 sales stock years

 

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By some measures, investors are more crowded into technology stocks than ever before.

Information technology is the best-performing sector this year.

August fund position Record Ross sees September stocks trading XLK

 

Wells Fargo is once again in hot water with the government -- this time for forcing auto insurance on thousands of borrowers.

A New York regulator subpoenaed two Wells Fargo divisions Tuesday, demanding the big bank turn over loan agreements and other documents related to the auto insurance scandal, a person familiar with the matter told CNNMoney.

auto bank borrowers CNNMoney customers insurance loan scandal Wells Fargo York

 

Another caveat: The Dow is a focused index of 30 stocks, and a price-weighted one, whereas the S&P 500 provides much more diversified exposure to 500 stocks, and that includes all 30 Dow stocks.

The price-weighting approach leads to further concentration: The top 10 holdings represent more than half of the portfolio and it prevents any Dow index funds from holding a few names with high share prices, like Alphabet, which would represent more than 20 percent of the portfolio if it were included.

Dow era focused fund holding index investment investors price stock

 

Technology entrepreneur Rich Barton says government intervention on Amazon in the future is unavoidable.

Barton was asked about his views on Amazon in relation to the Department of Justice's antitrust investigation of Microsoft during the 1990s in a Bloomberg podcast interview.

Amazon Barton Bloomberg companies Expedia founded interview Microsoft podcast Zillow

 

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Could an August surprise be in the cards? For Art Cashin of UBS, it could work, but "the surprise would have to come from Washington," he told me.

August bulls expectations financials modest oil rates regulatory stock surprise

 

Today's Picks: August 3, 2017 [-0.01]

Posted on Aug. 2, 2017, 6:25 p.m. by Markets @ [source]

Stop-long positions at 24,950.

Stop-short positions at 25,150.

Add book correction current long position profits Rs short stop

 

Australia’s Black Economy Taskforce has come up with a list of 35 “consumer-focused” proposals to crack down on cash. Hi-tech nano-chips would be implanted in Australia’s “disappearing” cash under a plan floated by Michael Andrew, the head of the federal government’s Black Economy Taskforce.

Andrew Australia consumer economy focused government head Michael note Taskforce

 

Viking Crest [0.70]

Posted on Aug. 2, 2017, 6:18 p.m. by Stock Gumshoe @ [source]

A guy from Viking Crest called me to try to sell me his stock pick service.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader.

Crest find guest Gumshoe Guy pick Reviews stock topic Viking

 

One-time high-flying natural gas producer Chesapeake Energy Corp. (NYSE: CHK) has seen its stock price plummet from more than $30 a share just three years ago to below $2 in early 2016 before posting a recent high of $8.20 late last year.

A volatility play known as a straddle is pricing in a 7.1% one-day post-earnings move in Chesapeake’s stock in either direction, compared with the average one-day move of 6.0% after the past 20 quarterly reports.

asset Chesapeake debt earnings gas Natural one quarter sales stock

 

He is so insecure that he is actually pumping the Dow, yet he’s mum on Tech, Transports, Semiconductors, Materials and especially… Healthcare? It’s pretty funny actually and it sort of makes me want this mess to drop now.

big buckled com insecure NFTRH promise remains suffer tech Trump

 

Indian companies are reluctant to disclose commodity price exposures and risks in their balance sheets even as they are relatively forthcoming with information on foreign exchange risks.

ICSI – CCGRT had, for the study, analysed the Annual Reports of top 525 Indian-listed companies based on their exposures in 62 different sectors including oil and gas, refineries/petro products, transport, textile, fertilisers, jewellery, and banking.

Annual Reports cent commodity companies detailed disclosures disclosure foreign exchange Indian provided risks

 

After a short of a break from reporting, this article returns us to a previously covered stock: CyberArk Software (CYBR), to consider how it has performed since it was marked out as one to watch at the turn of the year, and if the stock's recent lows represent an opportunity to buy, or are indicative of a long term decline in the company's forward share price performance.

February highs were followed by a month long decline, albeit with some peaks as well as troughs, to $48.73, and the stock's recovery to $55.25 prove short-lived.

CyberArk CYBR earning figures guidance income performance Revenue stock whilst

 

The Securities and Exchange Board of India (Sebi) directed 13 officials of the Multi Commodity Exchange (MCX) and 63 Moons Technologies, formerly Financial Technologies India or FTIL, to return a total of Rs 124 crore (including annual interest of 12 per cent) made unlawfully.

Sebi’s investigations revealed they, while in possession of unpublished and price-sensitive information (UPSI) on the National Spot Exchange (NSEL), sold shares to avoid huge losses.

DCA Exchange FTIL July NSEL Rs crore Sebi shares trading UPSI