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Matthew Smith  

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  • Commodities Today: An Interesting Potash Deal, 2 Energy Names To Raise Capital
    Wed, Mar. 4 AGU, CHK, LNG Comment!

    Summary

    • The US dollar is rising again after central banks around the world lowered interest rates.
    • Both LNG and American Energy Partners are raising money in this difficult market.
    • POT's latest deal in Brazil appears like it could be a big winner for the company.
  • Today's Market: Interest Rate Cuts And News Moving These Stocks
    Wed, Mar. 4 AEO, ANF, CBS Comment!

    Summary

    • TGT announced that it would be cutting jobs as it seeks to cut costs by $2 billion over the next two years.
    • GE is in the headlines once again, this time with The Wall Street Journal running a front page article on missteps by the CEO.
    • Certain teen retailers are seeing better results as teens gravitate back towards specific types of brands.
  • Commodities Today: Oil Rallies On Libya Fighting, Middle East Turmoil
    Tue, Mar. 3 BP, CVX, GE Comment!

    Summary

    • Discuss the toll that fighting in Libya has had on oil infrastructure and its impact upon oil prices today.
    • Look at Mexico's ongoing auction of offshore exploration blocks in the Gulf of Mexico.
    • Highlight various articles and research reports that are saying that GE's Immelt could be on his way out.
  • Today's Market: Financial Deals, Earnings Moving These Stocks Higher
    Tue, Mar. 3 BBY, C, GNW Comment!

    Summary

    • C has entered a deal to sell its OneMain unit.
    • OCN will sell $45 billion worth of mortgage service rights from its portfolio.
    • GNW announced accounting issues, while BBY raised its quarterly dividend and announced a special dividend.
  • Commodities Today: Volatility In Energy Names, New CEO For Railroad
    Mon, Mar. 2 EVEP, GDP, GLD 1 Comment

    Summary

    • GDP announced a 12,000,000 share secondary offering of the company's common stock.
    • NSC announced a successor to their current CEO.
    • China lowered a key interest rate overnight, which provided a boost to Asian markets.
  • Today's Market: M&A Deals Moving These Stocks Higher
    Mon, Mar. 2 ARUN, BSX, CAH Comment!

    Summary

    • There are a number of healthcare and tech deals this morning.
    • NXP and Freescale announced the largest deal, which will create an industry leader with a $40 billion market capitalization.
    • JNJ sold some assets which could pave the way for an offer for PCYC.
  • Commodities Today: Upgrades Moving These Stocks, Commodity Markets Trading Higher
    Fri, Feb. 27 BRK.A, BRK.B, CSX Comment!

    Summary

    • Commodities are higher today, but equities are mixed.
    • Oil stocks are mixed, but analyst upgrades and quarterly reports are having an impact on names such as GDP & GPOR.
    • CSX received an upgrade today, which has the company's shares trading higher.
  • Today's Market: Stocks Moving On Earnings
    Fri, Feb. 27 GPS, HLF, JCP 1 Comment

    Summary

    • Discuss the economic data that came out this morning.
    • Highlight the retail sector, which has seen new buying since moving the SPDR S&P Retail ETF broke above $90/share.
    • Look at earnings from HLF, SPLK, GPS an JCP.
  • Commodities Today: Merger And Acquisition Activity Continues, News Moving These Stocks
    Thu, Feb. 26 GLD, IBDRY, PBR 1 Comment

    Summary

    • Precious metals and copper are rallying today after gold's support levels held earlier this week.
    • Utility mergers continue with Iberdrola's purchase of UIL.
    • South American countries, specifically Brazil and Venezuela, could face economic slowdowns if problems with their oil companies and lower oil prices persist.
  • Today's Market: Stocks Rising On Mergers And Acquisitions Activity, Rumors In The Market
    Thu, Feb. 26 ARUN, AVGO, ELX Comment!

    Summary

    • HPQ is rumored to be working on an offer for ARUN in an effort to bolster its business unit.
    • AVGO will purchase ELX for $8/share in cash to fill a hole in its product line-up.
    • Bloomberg reported that PCYC is possibly up for sale, with both JNJ and NVS showing interest at this time.
  • Commodities Today: Energy And Frac Sand Names Get Crushed, Solar Stocks Rising Again
    Wed, Feb. 25 CHK, EXP, FSLR 5 Comments

    Summary

    • Energy firms are beginning to see results impacted by lower energy prices and suppliers are getting worried.
    • FSLR is up for the second day in a row on surprise news for investors.
    • Frac sand producers are on our radar for a potential future investment after the latest quarter from SLCA.
  • Today's Market: Beer Margins, Big Tech Under Pressure, Retailers Surge
    Wed, Feb. 25 BUD, HD, HPQ Comment!

    Summary

    • Federal Reserve Chairman Janet Yellen is on Capitol Hill for her second day of testimony.
    • LOW's quarterly report confirms the strength we have seen from other home improvement and home decor chains recently.
    • It appears that competition might be heating up in the craft brewing segment of the beer industry based on comments from SAM.
  • Commodities Today: Solar Stocks Shoot Higher, Mining Property Market Hits Lows
    Tue, Feb. 24 ACI, ANR, BTU 1 Comment

    Summary

    • FSLR and SPWR are rising today after announcing plans to launch their own yieldco for investors.
    • We are seeing analysts begin to drop coverage of coal miners, which could indicate a market bottom or just further downside.
    • Copper is up strongly today, and gold bulls and bears continue to battle around the $1,200/ounce level.
  • Today's Market: Big Buybacks, Dividend Increases And Mergers Announced
    Tue, Feb. 24 AAPL, BK, DISH Comment!

    Summary

    • JPM reported earnings and announced measures it will take to lower expenses and help the bank meet regulatory requirements.
    • HD blew away analysts' EPS and revenue estimates, and raised both its dividend and share buyback program.
    • SF announced that it would purchase Sterne Agee for $150 million.
  • Commodities Today: An Energy Stock Winner And China Looks At Oil Mergers
    Mon, Feb. 23 CEO, PDCE, PTR 1 Comment

    Summary

    • It looks like China will reshape the oil industry via consolidation among its state controlled entities.
    • Commodity markets are relatively calm today, but a number of commodities are trading near key support and psychological levels.
    • Even with volatility in the energy market, there is one stock performing strongly in recent months.
  • Today's Market: Mergers And Acquisitions Driving These Stocks Higher
    Mon, Feb. 23 ACT, AGN, BA Comment!

    Summary

    • Goldman Sachs has downgraded shares of BA on concerns about their exposure to a slowdown in the industry.
    • VRX will purchase SLXP for $10.1 billion in cash and hopes to close the deal in the second quarter of 2015.
    • There are rumors circulating about Rupert Murdoch's Twenty-First Century Fox eying Discovery Communications.
  • Commodities Today: BP's Setback, Gold And Agriculture Stocks On The Move
    Fri, Feb. 20 AGCO, BP, BRK.A 2 Comments

    Summary

    • Natural gas prices are rising as temperatures hit record lows across the southeastern United States.
    • Deere reported a strong EPS beat but management once again provided disappointing guidance.
    • BP loses its appeal to lower the maximum fines it could face pertaining to the Gulf oil spill.
  • Today's Market: Nasdaq Nears All-Time High, Dividend Increases, Earnings Push Stocks Higher
    Fri, Feb. 20 AAPL, ABBV, CSCO 1 Comment

    Summary

    • Talks surrounding Greece's debt are progressing, but not without gamesmanship from both sides.
    • ABBV raised its dividend 4% and also had a broker come out and offer bullish comments.
    • Some are beginning to question the run that the Nasdaq has had now that all-time highs are within striking distance, which we think is wrong.
  • Commodities Today: Solar Stocks Mixed, Oil Stocks Getting Hit Again
    Thu, Feb. 19 EOG, GLD, SCTY Comment!

    Summary

    • Precious metals are rebounding after testing key support levels.
    • Gasoline prices could rise sharply in California if XOM's refinery outside of Los Angeles remains closed for an extended period of time.
    • Investors had mixed reactions to SCTY & SUNE's quarterly reports as both companies missed on certain measures.
  • Today's Market: Solid Earnings And M&A Activity Boost These Stocks
    Thu, Feb. 19 BLL, BLMN, CAKE Comment!

    Summary

    • WMT announced that it will raise wages for employees, and will drastically increase their starting minimum wage over the next year.
    • BLL announced plans to team up with REXFF to create the world's largest can maker.
    • DTV and BLMN both reported strong quarterly results, beating on both the top and bottom lines.
  • Commodities Today: Warren Buffett Sells Energy Stocks, Rare Earth Stock Rises
    Wed, Feb. 18 BRK.A, BRK.B, CAT 3 Comments

    Summary

    • A number of 'smart money' investors sold stakes in energy names this past quarter.
    • DVN reported disappointing quarterly results, and CHK has sued former CEO Aubrey McClendon's new entities and some investors.
    • Look at Warren Buffett's stock sales among the energy sector.
  • Today's Market: Buffett's Latest Buy, Healthcare Settlement And Earnings Disappointments
    Wed, Feb. 18 BSX, FOSL, IBM 2 Comments

    Summary

    • Highlight the $600 million settlement between JNJ and BSX, which will bring an end to a decade old case.
    • Discuss earnings from FOSL and the company's deal with KATE to develop, distribute and market a line of watches for the designer.
    • Look at Warren Buffett's latest big purchase, which saw him add to a current position.
  • Commodities Today: Precious Metals Fall Sharply, Bakken Train Derails And CEO Departs
    Tue, Feb. 17 BRK.A, BRK.B, CSX 2 Comments

    Summary

    • Precious metals are getting crushed on the session, with gold testing $1,200/ounce and platinum falling below the $1,200/ounce level.
    • RIG's CEO has resigned all positions and the company announced a sharp reduction in its quarterly dividend payment.
    • CSX had a train carrying Bakken crude derail in West Virginia.
  • Today's Market: Big Tech Movers, Cable Mergers And Acquisitions, And A Hotel CEO Abruptly Leaves
    Tue, Feb. 17 AAPL, AMZN, BABA Comment!

    Summary

    • Markets are hanging in strongly as fears surrounding Russia, Ukraine and Greece move through the market.
    • AAPL is set to update its stores and AMZN has to decide its next move now that the FAA has limited the use of drones for commercial purposes.
    • Liberty Global could be a target of a number of larger players as companies look for growth from abroad.
  • Commodities Today: Oil Stocks Rising Again, Utilities Report Mixed Results
    Fri, Feb. 13 BP, CPN, DTE 4 Comments

    Summary

    • Russia and Ukraine signed a cease fire which will go into effect this weekend.
    • A handful of utilities reported quarterly results, most of which missed estimates.
    • Oil stocks are rising once again as WTI has caught a bid.
  • Today's Market: Earnings Moving These Stocks, M&A In Pharma And Big Management Shakeups
    Fri, Feb. 13 AIG, CAG, KING Comment!

    Summary

    • KRFT & CAG announced some big management changes, disappointing quarterly results and guidance.
    • SLXP is rumored to have two potential suitors in SHPG and VRX.
    • KING & ZNGA reported quarterly results with KING rewarding shareholders handsomely.
  • Commodities Today: Oil Stocks Rise, Miner Announces Increased Dividend And Buybacks
    Thu, Feb. 12 APA, APC, BHP 1 Comment

    Summary

    • TOT is taking a large charge related to their North American properties focused on shale and tar sands.
    • RIO announced an increase to the company's dividend and a new $2 billion share buyback.
    • Oil equities are rallying after APA announced a sharp reduction to its rig count.
  • Today's Market: Big Earnings Moves, Another Merger And A Surprise Move
    Thu, Feb. 12 AAPL, CSCO, EXPE Comment!

    Summary

    • OWW has finally found a buyer and will sell to EXPE for $12/share in an all cash deal.
    • TSLA & CSCO reported results last night, with TSLA disappointing and CSCO providing a nice surprise.
    • GE will give investors who meet certain criteria proxy access, which could create a rise in shareholder nominated board members.
  • Commodities Today: Mergers And Acquisitions, Management Changes, And Earnings News Moving These Stocks
    Wed, Feb. 11 BHI, EVEP, HAL Comment!

    Summary

    • KMI announced a $158 million deal which should close in the 1st quarter of 2015.
    • EVEP's CEO is leaving and the company is promoting from within for both the CEO and CFO positions.
    • MOS reported quarterly results which beat estimates, but the stock is only up marginally.
  • Today's Market: Earnings And Acquisitions Pushing These Names Higher
    Wed, Feb. 11 CVS, KO, LGF 2 Comments

    Summary

    • PIR announced that earnings would disappoint and told investors that the CFO was leaving the company.
    • RAD entered into a $2 billion deal to purchase a pharmacy benefits manager, which will mimic CVS' deal for Caremark nearly a decade ago.
    • John Malone has made another deal which could indicate his preferred buyer for Starz.
  • Commodities Today: Energy, Brazil And Utility Stocks Remain Volatile
    Tue, Feb. 10 GDP, LINE, LNCO Comment!

    Summary

    • It seems that investors may have to deal with further issues from Ukraine and Russia, as the US and Germany are prepared to provide weaponry to Ukraine.
    • Energy names are falling sharply today as oil prices test the $50/barrel level.
    • There are reports that SD is set to reduce its rig count in the Mississippi Lime play by about 75%.
  • Today's Market: Earnings, Spinoffs And Settlements Moving These Stocks
    Tue, Feb. 10 CVS, HD, HOT Comment!

    Summary

    • QCOM reached a settlement with China over its monopolistic practices, settling for under $1 billion and agreeing to change certain practices.
    • Hotel companies beat Wall Street estimates and are moving higher this morning.
    • Retailers (including drugstores, teen apparel and home improvement) have reported bullish news today that are leading some to wonder if now is the time to buy.