Discovery Communications (NASDAQ: DISCA) recently posted a lackluster third quarter report which caused a dip in share price. A dip, which in my opinion, offers an excellent buying opportunity.
In the recent report, management projected that margins are likely to decrease as the company invests heavier in sports rights and higher quality content. Along with this announcement, EBITDA fell....More>>>
Another week in which the relentless strength of the stock market continued, albeit at a much slower pace. Despite arate increase by the Federal Reserve, which had been well-telegraphed, stocks were able to still push higher. And like the previous week, insider buying remained stronger than we have seen for most of the first quarter.
We cover insider buying each week at 24/7 Wall St., and....More>>>
President Trump caused the U.S. dollar to slump Wednesday.
The dollar dropped 0.7%, a major move, after Trump told the Wall Street Journal that the dollar is “getting too strong.”
“I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me,” Trump said. “But that’s hurting — that will....More>>>
March 8, 2017: Markets opened slightly higher Wednesday following the ADP report of a rise of 298,000 jobs last month. If Friday’s federal report on jobs is near that level, an interest rate high becomes a near certainty next week. A massive increase in the U.S. inventory of crude oil sent prices plummeting and left the energy sector as the day’s big loser. WTI crude oil for April delivery....More>>>
A closer look at the uranium mining industry over the last 20 years reveals a classic debt-fueled commodity cycle which peaked in 1Q2011 and, I believe, bottomed in 4Q2016. As demand increased globally and uranium spot prices rose to over $70/lb by early 2011, gargantuan long-term CAPEX projects were commissioned to increase production. However, after total nuclear energy consumption peaked at ~626....More>>>