Stock Market Today


 

NAHB: Builder Confidence increased to 68 in August [0.19]

Posted on Aug. 15, 2017, 2:16 p.m. by Calculated Risk @ [source]

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in August, up from 64 in July.

Builder confidence in the market for newly-built single-family homes rose four points in August to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Association August builder HMI home index market National rose sales

 

Despegar Files for IPO [-0.06]

Posted on Aug. 15, 2017, 2:10 p.m. by 24/7 Wall St. @ [source]

Despegar.com has registered an F-1 form with the U.S. Securities and Exchange Commission (SEC) in regards with its initial public offering (IPO).

This is the leading online travel company in Latin America, known by its two brands, Despegar, the global brand, and Decolar, the Brazilian brand.

approximately bookings brand Despegar ended Latin offering online product travel

 

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Amazon.com announced Tuesday a private debt offering to fund its planned acquisition of Whole Foods Market.

The release did not specify how much Amazon would raise.

Amazon announced debt Foods market notes offering rating Tuesday year

 

Chicago And Food [0.18]

Posted on Aug. 15, 2017, 1:59 p.m. by Points and Figures @ [source]

I go back and think about the first meeting we ever had of Hyde Park Angels, the angel group I spearheaded, in April of 2007. It wasn’t a pitch meeting, but a “meet us” meeting at the Gleacher Center in Chicago.

angel Chicago companies ecosystem food led meeting mills things venture

 

Unlike its non-refining oil & gas peers, Valero Energy Corporation (NYSE:VLO) and its stock price have performed well during the downturn. They can produce biofuel, creating RINs in the process, and blend that with non-renewable fuel to cover their RVO requirement.

biofuel diesel energy ethanol gallon gasoline RIN RIN expense RVO Valero

 

Deutsche Bank upgraded Wynn Resorts to buy from hold and increased its 12-month price target, citing forecasts of increased mass market volume, or walk-in business, in China and VIP strength.

Shares of Wynn were up 4.3 percent Tuesday after the release of the Deutsche Bank report.

business Deutsche Bank in increased Mass month quarter shares walk Wynn

 

Monday gave us our strong, expected rally up away from the 2,440 critical pivot (that I’ve correctly been highlighting to members) and we now see price gapping up – and falling this morning – at our 2,470 Fibonacci Target.

Come join us to learn these tactics (beyond this simple/quick update) and have an evening game plan you can use effectively for the next trading day.

Fibonacci gave members Monday pivot quick rally strong trade update

 

TRUMPETING: "I don't often track gold & silver any longer but I do remember that at the end of October 2008 you and Bob Hoye were the only two advisors who were bullish. That was ideal, a couple of voices crying in the wilderness.

Advisors Bob Gold Hoye longer October remember silver track TRUMPETING

 

On Monday, August 21, North America will see a solar eclipse.

While all of North America will be able to see the solar eclipse on August 21, most of the continent will only see a partial eclipse event, which may or may not be noticeable depending on where you are.

Earth eclipse glasses Moon occur path solar solar eclipse Sun totality

 

Your first trade for Tuesday, August 15 [0.00]

Posted on Aug. 15, 2017, 1:48 p.m. by Fast Money @ [source]

The "Fast Money" traders shared their moves for the first hours of the trading day.

Trader disclosure: On August 14, 2017, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Tim Seymour is long AMZA, APC, BAC, C, CCJ, CLF, CSCO, DAL, DPZ, DVYE, EEM, EWM, FB, FXI, GM, GOOGL, INTC, LOW, MAT, MCD, MOS, MPEL, RACE, RAI, RH, RL, SBUX, SQ, T, TWTR, UA, UAL, VALE, VIAB, VOD, VRX.

BAC buyer call Kors Najarian Pete put SPY Tim trader

 

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Professional investors see the stock market higher than it should be and likely to lose one of its key supports, according to a closely watched sentiment gauge.

At the same time, investors are lowering their expectations for corporate earnings, which have been strong this year and helped give the bull market fresh legs.

America earnings fund investors manager market net sentiment stock survey

 

Professional investors see the stock market higher than it should be and likely to lose one of its key supports, according to a closely watched sentiment gauge.

At the same time, investors are lowering their expectations for corporate earnings, which have been strong this year and helped give the bull market fresh legs.

America earnings expectations fund investors manager market net sentiment stock

 

The company is producing huge amounts of cash, and does not need a lot of capex to grow its earnings.

Home Depot (HD) reported strong second quarter results that underline the company's great growth track.

digit dividend earnings EPS flow growth Home Depot increases quarter shares

 

US President Donald Trump has returned to his home in New York City for the first time since taking office in January. But if he was expecting a warm welcome, it wasn't to be - instead, thousands of protestors lined the streets of Manhattan, chanting "New York hates you" and "Shame".

city Donald expecting home January President returned taking Trump York

 

The opinions expressed are his own.

 

Advance Auto Parts Q2 Earnings Stall Out [0.07]

Posted on Aug. 15, 2017, 1:20 p.m. by 24/7 Wall St. @ [source]

When Advance Auto Parts Inc. (NYSE: AAP) released its second-quarter financial results before the markets opened on Tuesday, the company continued the trend of a sinking bottom line in the auto parts industry.

Advance Auto Parts said that it had $1.58 in earnings per share (EPS) and $2.26 billion in revenue.

Advance Auto Auto Parts consensus continued earnings EPS revenue industry quarter sales Tuesday

 

The outcome in the Republican primary could give an indication whether Trump remains popular nine months after he easily won Alabama in the presidential election.

easily give indication months outcome popular primary remains Republican Trump