After Russia scandal, Facebook begins labeling political ads

Facebook on Thursday began following a long-held practice of the television and newspaper industry: Labeling political ads.

The move came more than a year after the US intelligence community reported Russia used social media to meddle in the 2016 US presidential election and seven years after Facebook and Google sought exemptions from federal regulators on political ad disclaimers.

In an attempt to prevent foreigners from buying political ads targeted at Americans, Facebook will require advertisers to provide a picture of their government-issued ID, the last four digits of their Social Security number, and a US mailing address.

Ads that mention a political candidate or are about issues including guns, civil rights, and patriotism will be subject to the new rules. An ad will now include a label saying what organization paid for it.

Advertisers will also be responsible for sharing who paid for the ad, Facebook said. The same rules will also apply on Instagram, which is owned by Facebook.

Clicking on the ad label will allow Facebook users to see how many people saw the ad, the company said in a blog post on Thursday. Meanwhile, all political ads will be archived and available to view for up to seven years.

facebook political ad label Facebook released an example of what the ad labels will look like on Thursday

Facebook has born the brunt of the criticism from lawmakers about the lack of transparency about political actors and the spread of misinformation on its platform.

In 2016, a Russian government-linked troll group, posing as Americans, ran thousands of fake social media accounts, and spent thousands of dollars on advertising targeting American voters on Facebook, Instagram, YouTube, and Twitter.

Because the extent of Russian interference on social media became more clear through congressional investigations, news reporting, and independent research in 2017, Facebook has released more information publicly about the actions than other tech companies, such as Twitter and Google.

On Thursday, Twitter also announced it would be implementing new rules for political advertisers. Ads will be labeled and organizations buying ads will need to provide their Federal Elections Commission ID. Individuals wanting to buy ads “will have to submit a notarized form,” the company said.

However, with primary season in full swing ahead of November’s midterm elections, the enforcement of Twitter’s new rules will not begin until ” later this summer,” the company said.

Twitter also said it will launch an “Ad Transparency Center” this summer to provide more details on ads running on the platform.

Google announced earlier this month it now requires political ad-buyers to provide a government-issued ID and “other key information.” Similar to Facebook, Google will provide an archive of ads later this summer, the company said.

“We believe that increased transparency will lead to increased accountability and responsibility over time — not just for Facebook but advertisers as well,” Rob Leather, Facebook’s Director of Product Management, said in a blog post on Thursday announcing the ad disclaimers.

In 2011, Facebook sought an exemption from political ad disclaimer rules citing space constraints for its “character-limited ads.” Facebook lawyers argued the ads were so small that a disclaimer would be impracticable, according to Federal Election Commission records reviewed by CNN.

Google also sought an exemption making a similar argument a year earlier in 2010.

Online advertising has since evolved. During the 2016 campaign political advertisers, and Russian trolls, sometimes ran ads that included pictures, videos, and lengthy written posts all without disclaimers mandated by the social media platforms.

The companies hope their new initiatives will prevent a repeat of 2016.

US car tariffs: Which countries have the most to lose?

The possibility of a new US tax on imports of cars and auto parts is a threat to the global auto industry.

But some have more to lose than others.

Aside from American drivers, who would have to pay more for new vehicles, many big automakers would suffer dearly if the US follows through on a threat to impose tariffs on imported cars, SUVs, vans, light trucks and automotive parts. The Wall Street Journal reported President Donald Trump could seek tariffs of as much as 25% on auto imports.

Mexico and Canada are currently the biggest suppliers of US car imports, worth a combined $89 billion annually. There’s no doubt they’d feel a massive amount of pain if tariffs are enacted.

But many analysts expect that these US neighbors could ultimately be exempt from any new tariffs, as the US renegotiates the NAFTA trade deal with them.

“If we try to read the tea leaves here, there should be a NAFTA deal at some point that will exempt Canada and Mexico from this discussion. But as of now, we just don’t know,” said Jeff Schuster, a leading auto expert at LMC Automotive in Michigan.

If you take Mexico and Canada out of the equation, that leaves Japan and Germany in the firing line.

Japanese and German car manufacturers are expected to feel the biggest impact since they ship the most cars to the US market in terms of sales value.

The US imported $40 billion worth of Japanese-made passenger cars in 2017. It also imported $20 billion worth of German-made cars in the same year.

Volkswagen (VLKAY), the biggest auto manufacturer in the world, might take the biggest hit since 45% of the cars it sells in the US come from international factories, according to data from LMC Automotive. To be more exact, over 281,000 imported Volkswagen cars could face a tariff at the US border. (This calculation excludes the Volkswagen cars that come from Mexico.)

Shares in Volkswagen dropped 2.5% on Thursday on news of the potential tariffs.

Toyota (TM), Japan’s biggest auto manufacturer, would also suffer since 30% of its cars sold in the US are imported from abroad. That means new tariffs on nearly 724,000 cars.

Shares in Toyota dropped 3% in Japan.

“There’s a lot at stake here,” warned Schuster.

American automakers could also be hurt by tariffs on cars made abroad. GM (GM) sold 3 million cars in the US last year, but it made just 2.2 million vehicles in the country. That means it imports thousands of models each year.

The US administration seems undeterred by the risks or concerns that new tariffs this could lead to a tit-for-tat retaliation.

Commerce Secretary Wilbur Ross said late Wednesday that following a conversation with Trump, he is launching an investigation into whether automobile imports are hurting US national security.

The type of investigation, known as Section 232, is the same approach the Trump administration used before it slapped tariffs on steel and aluminum imports earlier this year, citing national security concerns.

Currently, vehicles shipped from Europe to the US face a low 2.5% tariff. Meanwhile, cars built in America face a 10% tariff when they’re shipped to the European Union.

Experts have suggested that rather than threatening a new tariff on global car imports, the US should negotiate with other nations to get them to lower their own tariffs.

For example, if the EU were to drop its tariffs below 10%, that would help make American models more attractive to European buyers.

The US has already had some success with China in this regard.

China announced this week it would cut car tariffs, giving a potential boost to foreign automakers in the world’s largest market.

The Chinese Finance Ministry said Tuesday that it will cut import duties on passenger vehicles from 25% to 15%, starting July 1.

— Robert North and Charles Riley contributed reporting.

Callon Petroleum (CPE) Shares Down 5%

Shares of Callon Petroleum (NYSE:CPE) traded down 5% during mid-day trading on Thursday . The stock traded as low as $12.47 and last traded at $12.48. 6,420,719 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 4,431,217 shares. The stock had previously closed at $13.14.

Several analysts have recently issued reports on the company. ValuEngine upgraded Callon Petroleum from a “hold” rating to a “buy” rating in a research note on Wednesday, May 9th. KeyCorp increased their price objective on Callon Petroleum from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Monday, April 23rd. SunTrust Banks set a $18.00 price objective on Callon Petroleum and gave the company a “buy” rating in a research note on Monday, April 16th. Stifel Nicolaus set a $20.00 price objective on Callon Petroleum and gave the company a “buy” rating in a research note on Wednesday, March 28th. Finally, TheStreet upgraded Callon Petroleum from a “c+” rating to a “b-” rating in a research note on Wednesday, April 4th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $16.42.

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The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.35. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 29.71, a price-to-earnings-growth ratio of 0.33 and a beta of 1.20.

Callon Petroleum (NYSE:CPE) last posted its quarterly earnings results on Tuesday, February 27th. The oil and natural gas company reported $0.15 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.15. Callon Petroleum had a return on equity of 5.98% and a net margin of 31.28%. The company had revenue of $118.21 million for the quarter, compared to analysts’ expectations of $109.95 million. research analysts forecast that Callon Petroleum will post 0.91 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company raised its stake in Callon Petroleum by 8.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 482,244 shares of the oil and natural gas company’s stock valued at $5,859,000 after buying an additional 39,549 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Callon Petroleum by 34.8% during the fourth quarter. Glenmede Trust Co. NA now owns 3,594,100 shares of the oil and natural gas company’s stock worth $43,667,000 after purchasing an additional 927,463 shares during the last quarter. MetLife Investment Advisors LLC purchased a new position in shares of Callon Petroleum during the fourth quarter worth about $2,721,000. Thrivent Financial For Lutherans grew its holdings in shares of Callon Petroleum by 34.9% during the fourth quarter. Thrivent Financial For Lutherans now owns 1,446,211 shares of the oil and natural gas company’s stock worth $17,572,000 after purchasing an additional 374,442 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of Callon Petroleum during the fourth quarter worth about $10,291,000.

About Callon Petroleum

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional onshore, oil, and natural gas reserves in the Permian Basin in West Texas. As of December 31, 2017, its estimated net proved reserves totaled 137.0 million barrel of oil equivalent.

The ‘Meghan Markle Effect’ is boosting gold jewelry sales

The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said.

The first three months of the year were the strongest first quarter for gold jewelry demand in the United States since 2009, according to the World Gold Council. Sellers say that is due in no small part to the public’s fascination with American actor Meghan Markle, who was engaged to Britain’s Prince Harry last November and who married him in a dazzling ceremony on Saturday.

Meghan, Duchess of Sussex, favors yellow gold. Around that time (of the engagement), we started seeing more sales of yellow gold and the last couple months its increased more,” David Borochov, of New York-based R&R Jewelers, said on Thursday.

show chapters

29.2 million US viewers tuned in for the royal wedding    4:38 PM ET Mon, 21 May 2018 | 01:54

Yellow gold jewelry sales have risen about 30 percent this year. For the last 15 years, white gold, silver, and platinum have been the metals of choice for jewelry and couples tying the knot, jewelers said.

Over the last few years, rose gold has become a favorite, while yellow gold was considered outdated. Borochov said he typically sells about 70 to 80 percent in white gold and platinum, and 20 to 30 percent in yellow and rose gold. He expects the latter to increase.

“We saw an increase of about 20 percent (in yellow gold jewelry sales) from the beginning of the year,” said Nerik Shimunov, owner of Crown Jewelers in New York, which specializes in custom jewelry pieces for celebrities. Meghan and Harry told the BBC in November that yellow gold is her favorite; her engagement ring is set in that metal.

Gold jewelry sales at Chicago-based Daniel Levy Jewelry increased by 10 percent after the engagement, primarily because of the surplus of white gold, said Daniel Levy, though he noted a recognizable shift to yellow gold.

Celebrity purchases influence jewelry sales, said Alistair Hewitt, the World Gold Councils director of market intelligence. Council research from 2016 found that 22 percent of U.S. women buying jewelry or luxury fashion were inspired by magazines and newspapers, with another 11 percent citing influence from celebrities. It would not be surprising to see the coverage of the royal wedding including the choice of engagement ring and wedding band influence shoppers behavior, he said.

Five Things You Need to Know to Start Your Day

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Kim ready to meet Trump any time, OPEC and Russia said to discuss increasing oil supply, and political pressure builds in Europe. Here are some of the things people in markets are talking about today.

Summit off

North Korea expressed surprise that President Donald Trump canceled the June 12 leaders summit, with First Vice Foreign Minister Kim Kye Gwan saying his country still wanted to pursue peace, and remained willing to meet with the U.S. at any time. Markets reversed some of the selloff that followed the president’s announcement. However, the latest Trump foreign-policy reversal is making allies, both at home and abroad, increasingly nervous about decision-making in the White House. 

Oil leak

Saudi Arabian Energy Minister Khalid Al-Falih said his country is discussing easing output curbs with Russia for the first time. His Russian counterpart Alexander Novak said loosening production-cut targets will be discussed at a meeting of the Organization of Petroleum Exporting Countries and its partners next month. The plan has already fulfilled its original goal of eliminating a global surplus of crude inventory. Already facing a loss for the week, oil prices were put under further pressure by the news with a barrel of West Texas Intermediate for July delivery trading at $69.60 by 5:40 a.m. Eastern Time.

European politics 

Investor worries about Italy continue to be reflected in the bond market where the spread between the country’s 10-year yield and Germany’s widened to 200 basis points. The populist parties’ coalition plan has included moves to shake-up the country’s banking sector, which analysts worry will hit bank valuations. In Spain, Prime Minister Mariano Rajoy did not have long to bask in the success of getting a budget passed, as the main opposition party has tabled a motion of no-confidence in his leadership after former aides were convicted of running a multi-million euro corruption racket. Finally, as ever, there are Brexit concerns as the European Union has once again dismissed U.K. plans for the country’s relationship with the trading bloc after it leaves.  

Markets mixed

Overnight, the MSCI Asia Pacific Index fell 0.2 percent, while Japan’s Topix index closed 0.2 percent lower as that gauge capped its biggest weekly decline since March, with automakers the biggest drag. In Europe, the Stoxx 600 Index was 0.5 percent higher at 5:40 a.m. as equities rebound following North Korea’s olive branch, while Italian stocks remain volatile. S&P 500 futures pointed to a gain at the open, the 10-year Treasury yield was at 2.970 percent and gold was broadly unchanged. 

Coming up…

At 8:30 a.m., U.S. April durable goods orders is due, with expectations for a 1.3 percent drop in the headline figure. University of Michigan consumer sentiment figures are scheduled for 10:00 a.m. In Fedspeak today, Chairman Jerome Powell is due at 9:20 a.m. from Stockholm, while Dallas Fed President Robert Kaplan, Atlanta Fed President Raphael Bostic and Chicago Fed President Charles Evans are all making an appearance on a panel in Dallas. At 1:00 p.m. oil traders will get more information to mull in an already busy day when the latest Baker Hughes rig count is released.

What we've been reading

This is what's caught our eye over the last 24 hours.

Turbulent week for Trump trade tactics has the world on edge.Bankers may have moved $13 billion through “Baltic laundromat.”Europe is ready to move on from Brexit.Small-time bankers make millions peddling mortgages to the poor.Taiwan is running out of friends as China turns the screws.Police seize $29 million in cash linked to 1MDB. Catching a killer in the family tree.  LISTEN TO ARTICLE 3:41 Share Share on Facebook Post to Twitter Send as an Email Print

3 Options Trade Ideas In Boeing Stock

Boeing (BA) operates in an almost-duopolistic industry environment, since Boeing and Airbus practically own the whole aircraft market on a global scale. The industry is highly regulated, which limits the threat of potential new entrants. Besides, buyers of both commercial aircraft and military hardware tend to stay with well-known suppliers with a reputation for safety and reliability.

This limited competition allows industry operators to generate attractive profitability and healthy cash flows through the ups and downs in the business cycle. Demand in the sector can be cyclical over the short term, but he long term trends are clearly positive due to booming air travel demand over the decades.


Source: Boeing.

Management has done a sound job at translating those growth opportunities into solid financial performance, and investors in Boeing have been well compensated with growing dividends and a reduced share count via buybacks over recent years.

Chart
BA Dividend data by YCharts

Financial performance for the first quarter of 2018 came in ahead of expectations. The company delivered $23.4 billion in revenue during the quarter, growing by 6.6% versus the first quarter in 2018. The figure surpassed earnings expectations by $1.18 billion.

Core earnings per share grew fro $2.17 to $3.64, far surpassing expectations of $2.58 in earnings per share during the quarter among the analysts following the stock. In a sign of confidence, management also raised its outlook for earnings per share and revenue for the full year 2018.

Source: Boeing

The stock is not unreasonably priced for such a strong business. The table below shows key valuation ratios such as price to earnings, price to earnings growth, price to sales, and price to free cash flow for Boeing versus the average company in the Aerospace and Defense industry.

Boeing has an above-average price/sales ratio, which can easily be justified on the fact that the company also generates above average profitability on each dollar of revenue. As a reference, Boeing has a net profit margin of 9.63% versus an industry average of 2.3%.

Looking at the other valuation indicators, Boeing is fairly conveniently priced in terms of price to earnings, price to earnings growth, and price to cash flow.

Boeing Industry
P/E 23.51 27.47
PEG 1.44 1.89
Price/Sales 2.24 1.61
Price/Cash Flow 18.92 19.68

When considering the risks, the company is exposed to geopolitical uncertainty, as expressed by the loss of sales to Iran after the U.S retreated from the nuclear deal. This factor goes both ways, though, since Boeing also could be one of the beneficiaries from new trade agreements with China.

On a longer-term basis, the company is expected to face growing competition from manufacturers in Canada, Russia, and China in the years ahead. While it’s far too early to tell what kind of impact this will have on the company’s business, investors may want to monitor the competitive dynamics in the industry.

Looking at price performance, the stock has gained an impressive 21% year to date, but it has been consolidating in a lateral range over the past several months. The area around $320 per share is working as support, and the level around $370 seems to be an important resistance. If the stock finally manages to move up above $370, this could leave a clear road for more gains ahead.


Option Play 1: Buying Long-Term Calls

Those looking to make a strong bullish bet on Boeing stock may want to consider buying long term calls on the stock. For example, the call option with a strike price of $355 and an expiration date on January 18, 2019 is currently selling for around $32.35.

This strategy has a cost of $3,250, and it offers unlimited upside potential. This is a powerful way to leverage a long bet on Boeing stock. For example, if the stock price rises by 15% from current levels, which would mean a target price of $454.25, the call option would provide an expected return of 205.28%.

Investors implementing this strategy need the stock to be above $387.5 by the time of expiration in order to make money.

Options Play 2: Covered Call

For investors looking to hold on to Boeing stock and also make some income from the position, a covered call could be a good alternative. As an illustrative example, you can buy 100 shares in Boeing and sell the call option with a strike price of $390 and an expiration date on July 20, 2018 for $2.88 per contract.

This strategy generates an annualized 12 months projected yield of 7.04%, which comes in addition to forward dividend yield of 2% from holding the stock. The break-even stock price for this covered call strategy stands at $356.33.

Options Play 3: Selling Puts

Another possibility would be selling put options. This can make a lot of sense for investors looking to buy Boeing stock on a price correction, but also wanting to make some money in case the stock does not in fact pull back over the coming days. For example, you can sell puts with a strike price of $342.5 and an expiration date on July 6, 2018 for a current market price of $4.6 per contract.

If Boeing stock is above $342.5 by the expiration date, the puts won麓t be executed, and you get to keep the premium as pure profit. This scenario is generating an effective annual return of 10.8%. Based on historical volatility levels, there is a probability of 72.38% that the stock will in fact be above $342.5 by July 6, 2018.

On the other hand, if the stock is below the strike price at expiration, then you need to either close the position or allow it to be executed, which means you will buying the stock at $342.5. This doesn’t sound like such a bad scenario if your initial intention was buying the stock on a price correction to begin with.

The break-even stock price for this strategy is $337.9, which is 5.8% below the current market price for Boeing stock.

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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

GE Stock in Focus: Key Takeaways from Recent CEO Comments

On Wednesday, General Electric (GE ) stock fell more than 7% following a public statement made by CEO John Flannery that the company expects to see no profit growth in the current year. But shares rebounded slightly on Thursday, so what exactly do investors need to know right now? Let’s take a closer look.

The Negatives

John Flannery has had a rough few months as newly appointed CEO. The $9.5 billion buyout of Alstom by former CEO Jeffery Immelt going bust and a stark overvaluation of company earnings projections are just a few of the problems that Flannery has faced in his time as CEO.

GE’s main source of revenue lies in its power business. The company expects no profit growth as a direct result of being unable to garner demand for its gas turbines, according to Flannery’s new comments. This trend will most likely carry through 2019 and 2020.

As the company hacks away at non-central investments, free cash flow is expected to fall, which could result in a significantly lowered dividend payout. Flannery did not comment on the current dividend for 2019, but he does expect changes based on GE’s portfolio moves.

Plans For Improvement

GE is looking to reshape and revamp its overall structure in a number of specific and tactical moves, centered around simplifying its current business model.

GE’s first major move was its $11 billion merger of its railroad business with Wabtec Corp. (WAB ) , a passenger rail transport company. This helped GE raise some capital in order to fuel its business ventures and hopeful recovery.

In the future, Flannery wants to diminish the company’s financial services business, GE Capital, to, again, raise capital and centralize the company. The potential for a company breakup looms in the air as share prices continue to fall.

Despite increased pressure from investors for quick change, Flannery continues to hammer down the notion that change will be progressive and slow, stating that the recovery “is not going to be a quick fix.”

Keys Takeaways

GE stock plummeted due to CEO John Flannery’s announcement that the company expects to see no profit growth for the current year. This is direct result of failure in selling its gas turbines, which will most likely carry through 2020.

In order to combat its current situation, Flannery seeks to sell non-vital assets in hopes of centralizing the company and freeing up cash for restructuring. The company expects to release its full investment strategy in late June.

“Wall Street’s Next Amazon”

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U.S. stocks close lower, energy the day's biggest decliner

U.S. stocks closed modestly lower on Thursday, with energy stocks leading the decline as crude-oil prices fell. The Dow Jones Industrial Average
DJIA, -0.30%
fell 0.3% to 24,811. The S&P 500
SPX, -0.20%
slid 0.2% to 2,728. The Nasdaq Composite Index
COMP, -0.02%
fell less than 0.1% to 7,424. By far, the weakest sector of the day was energy, which fell 1.7% alongside a 1.6% drop in the price of crude oil. Exxon Mobil Corp.
XOM, -2.30%
fell 2.3% while Chevron Corp.
CVX, -1.65%
was off 1.7%. Both stocks are Dow components. Sentiment weakened after President Donald Trump canceled a planned meeting with North Korea, adding a new element of geopolitical uncertainty into the market. Major indexes ended off their lows of the session, but trading was largely driven by the news of the cancelled summit, which added another question mark to a market already grappling with uncertainty related to trade policy and the Middle East.

Quote References DJIA -75.05 -0.30% SPX -5.53 -0.20%

LoMoCoin (LMC) Reaches 24 Hour Trading Volume of $15,488.00

LoMoCoin (CURRENCY:LMC) traded down 2.5% against the dollar during the 24 hour period ending at 11:00 AM E.T. on May 25th. Over the last week, LoMoCoin has traded down 19.8% against the dollar. LoMoCoin has a market capitalization of $10.14 million and $15,488.00 worth of LoMoCoin was traded on exchanges in the last day. One LoMoCoin coin can currently be bought for $0.0434 or 0.00000580 BTC on popular cryptocurrency exchanges including CoinExchange and Bittrex.

Here is how other cryptocurrencies have performed over the last day:

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TokenPay (TPAY) traded 0.9% lower against the dollar and now trades at $3.77 or 0.00050413 BTC. SaluS (SLS) traded 1% lower against the dollar and now trades at $38.21 or 0.00510358 BTC. ECC (ECC) traded 1.5% lower against the dollar and now trades at $0.0009 or 0.00000012 BTC. VeriCoin (VRC) traded 0.3% lower against the dollar and now trades at $0.47 or 0.00006338 BTC. Linda (LINDA) traded down 3.5% against the dollar and now trades at $0.0012 or 0.00000016 BTC. Profile Utility Token (PUT) traded up 1.9% against the dollar and now trades at $0.24 or 0.00003203 BTC. OKCash (OK) traded 3% lower against the dollar and now trades at $0.12 or 0.00001601 BTC. Gambit (GAM) traded 0% higher against the dollar and now trades at $6.66 or 0.00089000 BTC. ToaCoin (TOA) traded up 6% against the dollar and now trades at $0.0028 or 0.00000037 BTC. Sphere (SPHR) traded up 0.2% against the dollar and now trades at $2.03 or 0.00027051 BTC.

About LoMoCoin

LMC is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis date was September 6th, 2016. LoMoCoin’s total supply is 318,628,868 coins and its circulating supply is 233,628,868 coins. LoMoCoin’s official Twitter account is @LoMoStarLMC and its Facebook page is accessible here. The Reddit community for LoMoCoin is /r/lomostar and the currency’s Github account can be viewed here. LoMoCoin’s official website is www.lomostar.com.

LoMoCoin Coin Trading

LoMoCoin can be traded on these cryptocurrency exchanges: Bittrex and CoinExchange. It is usually not currently possible to purchase alternative cryptocurrencies such as LoMoCoin directly using U.S. dollars. Investors seeking to trade LoMoCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase LoMoCoin using one of the exchanges listed above.

Top Blue Chip Stocks To Invest In Right Now

"Short Sellers Retreat Amid Rally," ran the headline in the Wall Street Journal.   Curious readers stopped and stared. It was the premise of the headline that arrested them. Who knew that there was even one bear left to give ground at the 100-month mark of the post-2008 levitation?   El toro is the topic at hand. It's a most unusual bull market (we count as one the updrafts in stocks and bonds). An unzestful, low-volume, and low-volatility affair, it seems to belong on a psychiatrist's couch. We write to catalogue its singularities with the purpose of addressing the always pertinent question: What to do with money besides enjoy it?   No. 1 is the zest deficit. Since the S&P 500 Index bottomed at an intraday low of 666.79 on March 6, 2009, the blue chips have appreciated by 271%. The country has grown, too, although – famously – the economic expansion leaves much to be desired. Trailing 12-month earnings for the S&P 500 peaked in the third quarter of 2014, and disappointments abound in the data that purport to measure growth in GDP and productivity.

Top Blue Chip Stocks To Invest In Right Now: Phillips 66 Partners LP(PSXP)

Advisors’ Opinion:

  • [By John Bromels]

    Phillips 66 was the midstream (transportation and storage) and downstream (refining and marketing) arms of oil and gas giantConocoPhillips, which spun the company off in 2012.The company’s midstream operations include income from its master limited partnershipsPhillips 66 Partners(NYSE:PSXP) andDCP Midstream(NYSE:DCP), which it co-owns withEnbridge.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Phillips 66 Partners (PSXP)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    TRADEMARK VIOLATION WARNING: “Phillips 66 Partners LP (PSXP) Expected to Announce Quarterly Sales of $321.18 Million” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at www.tickerreport.com/banking-finance/3355129/phillips-66-partners-lp-psxp-expected-to-announce-quarterly-sales-of-321-18-million.html.

  • [By Dustin Parrett]

    Phillips 66 Partners (NYSE: PSXP) just entered the Money Morning VQScore “Buy Zone,” making it one of the best stocks to buy right now.

    And the timing couldn’t be better…

Top Blue Chip Stocks To Invest In Right Now: Wynn Resorts, Limited(WYNN)

Advisors’ Opinion:

  • [By ]

    My most recent recommendation to Income Trader readers is on a stock that was recently flagged by an ITV signal — Wynn Resorts (NASDAQ: WYNN).

  • [By Dan Caplinger]

    Wednesday was a turbulent day for the stock market, with major benchmarks staying close to the unchanged mark after two extremely strong days earlier in the week. Market news was dominated by the release of President Trump’s tax reform plan, which includes a substantial reduction in corporate tax rates along with simplification of the personal income tax system. Yet despite the massive impact that a broad change to taxes could bring, what drove the biggest gains among individual stocks was company-specific news, and Twitter (NYSE:TWTR), Fiat Chrysler Automobiles (NYSE:FCAU), and Wynn Resorts (NASDAQ:WYNN) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

  • [By Travis Hoium]

    Rumors began swirling late last week that MGM Resorts (NYSE:MGM)was interested in buying the embattled Wynn Resorts (NASDAQ:WYNN)in a dealthat would be the biggest ever for the gaming industry. It makes sense that competitors are viewing Wynn as a target afterfounder Steve Wynn stepped down as CEO and sold his shares in the company, but there may be reasons Wynn Resorts should want to sell to the right company.

  • [By Rich Duprey]

    Yet not all casinos will benefit equally. Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN), for example, derive most of their revenues from operations in Macau. Sands earns 60% there; Wynn, 73%. They could certainly expand their sports books beyond their Vegas operations, but they have so few casinos elsewhere (and Wynn’s Boston Harbor isn’t even completed), it’s only going to be a tiny portion of their overall revenues.

  • [By Travis Hoium]

    Wynn Resorts (NASDAQ:WYNN) may have finally found a way out of the biggest regulatory headache left behind by Steve Wynn. The Wall Street Journal is reporting that MGM Resorts (NYSE:MGM) is in early discussions about buying the Wynn Boston Harbor development just outside of Boston, Massachusetts.

  • [By ]

    After casino mogul Steve Wynn stepped down in February from his position of chief executive at Wynn Resorts Ltd. (WYNN)  – in the wake of sexual harassment allegations – questions have emerged about the future of the $18 billion luxury hotel empire that bears his name.

Top Blue Chip Stocks To Invest In Right Now: Archrock, Inc.(AROC)

Advisors’ Opinion:

  • [By Tyler Crowe]

    After years of struggling with the precipitous decline in oil prices and an onerous debt load, management at Archrock (NYSE:AROC) decided to bite the bullet and buy out its subsidiary master limited partnership Archrock Partners. According to management, the deal would free up some cash and lower its cost of capital. The combination of these two things would make it easier to grow the business and take advantage of the monumental growth of natural gas production in the U.S.

  • [By Logan Wallace]

    Engineers Gate Manager LP boosted its stake in Archrock Inc (NYSE:AROC) by 241.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 95,336 shares of the energy company’s stock after purchasing an additional 67,426 shares during the period. Engineers Gate Manager LP’s holdings in Archrock were worth $834,000 at the end of the most recent quarter.

Top Blue Chip Stocks To Invest In Right Now: Orchid Island Capital, Inc.(ORC)

Advisors’ Opinion:

  • [By Paul Ausick]

    Orchid Island Capital Inc. (NYSE: ORC) fell about 9.7% to post a new 52-week low of $7.85 Thursday after closing at $8.69 on Wednesday. The 52-week high is $12.60. Volume of about 5.2 million was nearly 5 times the daily average of around 1.1 million. The company lowered its monthly dividend by 3 cents last night.

Top Blue Chip Stocks To Invest In Right Now: Core-Mark Holding Company Inc.(CORE)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Core-Mark (CORE)

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