Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

The Channel

  1. Fiat Currency Always Ends In Collapse

    less than a minute ago
    Zero Hedge
  2. "How Do You Not Re-Elect This Guy...

    20 minutes ago
    Zero Hedge
  3. Monday Humor: Jeff Bezos Explains How...

    40 minutes ago
    Zero Hedge
  4. US Futures Plunge After Trump Calls...

    about 1 hour ago
    Zero Hedge
  5. ZTE Crashes After Senate Passes...

    about 1 hour ago
    Zero Hedge
  6. Catherine Austin Fitts: The...

    about 1 hour ago
    Silver Doctors
  7. Minimum Wages Might Mean Fewer...

    about 2 hours ago
    Zero Hedge
  8. Tuesday: Housing Starts

    about 2 hours ago
    Calculated Risk

Trade Idea of the Day Presented by: Zero Hedge

Fitch Warns Las Vegas Home Prices "Most Overvalued In America"

Las Vegas, one of the epicenters of the real estate crash in 2007 to 2009, has yet to recover from its August 2006 speculative bubble peak, but recently, upside momentum in 2018 prices has Fitch Ratings, a nationally recognized statistical rating organization (NRSRO), very concerned about market stability. While the... Read More

On The Fly: Pre-market Movers

HIGHER: PTC Therapeutics (PTCT), up 36% after the company reported data for oral SMA drug RG7916 at CureSMA that RBC Capital analyst Brian Abrahams called "impressive" and prompted him to upgrade the stock to Outperform. William Blair analyst Raju Prasad also upgraded PTC Therapeutics to Outperform, saying risdiplam showed "impressive efficacy" in spinal muscular atrophy... Rent-A-Center (RCII), up 22% after the company announced it has agreed to be acquired by Vintage Capital for $15 per share in cash... FleetCor (FLT), up ...

Box Office Battle: 'Incredibles 2' breaks record with $180M

Disney (DIS) and Pixar's "Incredibles 2" opened to a record-shattering $180M from 4,410 theaters over the weekend, scoring the biggest launch ever for an animated film and the eighth-biggest opening of all time, not adjusted for inflation. Overseas, the movie debuted to $51.5M from its first 25 markets for a global launch of $231.5M. "Incredibles 2" earned an A+ CinemaScore and sports a 94% Rotten Tomatoes score. BOX OFFICE ...

Ethereum Prices Spike As SEC Rules "Not A Security"

While somewhat expected, a top official at the SEC has seemingly confirmed that Ethereum trades are not subject to federal securities laws. “Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions,” William Hinman, who leads the SEC’s corporation finance unit, said in a Thursday speech in San Francisco...

Retail Sales increased 0.8% in May

On a monthly basis, retail sales increased 0.8 percent from April to May (seasonally adjusted), and sales were up 5.9 percent from May 2017. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for May 2018, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $502.0 billion, an increase of 0.8 percent from the previous month, and 5.9 percent above May 2017. ... The March 2018 to April 2018 percent change was revised from up 0.2 percent to up 0.4 percent...

Sears moves higher after expanded Amazon tire pact

Shares of Sears (SHLD) are moving higher on Wednesday after the retailer announced that its Auto Center Tire Installation Program With Amazon (AMZN) is being expanded to an additional 71 Stores. EXPANDED AMAZON COLLABORATION: Last month, Sears Auto and Amazon announced a collaboration that enables all tires ordered on Amazon.com to be installed at select Sears Auto Centers. The new ship-to-store capability was initially available at 47 Sears Auto Centers in eight metropolitan areas...

Homebuilders fall amid mortgage volume drop, residential construction follows

Shares of homebuilders continue to decline as rates begin to creep higher again. According to a report out of the Mortgage Bankers Association, loan application volume decreased 1.5% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index increased 9% compared with the previous week. Additionally, the Refinance Index decreased 2% from the previous week. The seasonally adjusted Purchase Index...

Treasury Concludes Weekly Auctions With Strong Demand For 30Y Bonds

And so this week's accelerated Treasury auctions are over, with a $14 billion reopening of 29-year-11-month bonds pricing moments ago at a high yield of 3.100%, just barely tailing to the 3.099% When Issued - the first tail since February - but below last month's 3.13% as the curve continues to flatten. Internals were stronger with Bid to Cover of 2.380 identical to last month, but below the 6 month average of 2.44. More notably, Indirects took down 62.2%, just under May's 62.7% which is also the 6 month average...

Key Measures Show Inflation increased YoY in May

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% (2.8% annualized rate) in May. The 16% trimmed-mean Consumer Price Index also rose 0.2% (2.1% annualized rate) during the month. The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the...

Recent Tweets @InvestChannel

Follow Us on Twitter