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Gary Kaminsky Weighs In On The Markets Under Trump
Sunday, December 4, 2016 - 3:59pm | 400After pulling out a largely unexpected win, the markets reacted big league to what a Trump administration could possibly mean for banks, U.S. industry and Wall Street. On Thursday's edition of Benzinga's PreMarket Prep morning show, Gary Kaminsky, former vice chairman of Morgan Stanley (...
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DryShips Beneficial Owner Takes 10% Stake In The Company
Friday, December 2, 2016 - 3:46pm | 324After a historic short squeeze sent shares of DryShips Inc. (NASDAQ: DRYS) stock soaring from around $4 to above $100 and back again within a matter of days in November, most traders probably assumed the DryShips trading opportunity had sailed. However, recent insider buying suggests there may be...
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Fed Rate Hike Chatter Grows Louder As Economic Data Point To Strong Momentum
Friday, December 2, 2016 - 12:47pm | 845The Federal Reserve's monetary policy setting arm, or the FOMC is set to sit across the table for one last time this year to deliberate on rates. It's sure an unenviable task, given the fine line central bankers have to tread in deciding the apt course of the monetary policy. A wrong move can...
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How The 2016 Election Recount Could Be A Black Swan Event In The Making
Thursday, December 1, 2016 - 2:44pm | 501While investors try to prepare for what could be an unpredictable Donald Trump administration, Wisconsin is quietly undergoing a presidential election recount. The Wisconsin recount was requested by Green Party candidate Jill Stein, who said she has raised funds for a recount in Pennsylvania and...
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The Right Ways To Play A Rebound With China ETFs
Thursday, December 1, 2016 - 2:13pm | 518In the aftermath of the shocking U.S. presidential election results earlier this month, emerging markets equities and exchange-traded funds have slumped. That includes China ETFs, and President-elect Donald Trump's protectionist campaign trail rhetoric could be a reason why Chinese stocks are...
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Potential Losers If Trump Terminates U.S.-Cuba Relations
Thursday, December 1, 2016 - 10:35am | 963The political ramifications of Trump's ascendancy to the president's office are far too many to fathom. One of the most likely policy changes Trump is expected to bring about is snapping off ties with Cuba, with which the United States resumed diplomatic relations only recently. Understanding The...
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There's Still A Case For Emerging Market Bond ETFs
Thursday, December 1, 2016 - 9:47am | 536Price action confirms that, as expected, emerging markets assets did not enjoy the outcome of last month's U.S. presidential election. The ensuing rally in the U.S. dollar ensured previously hot emerging markets bonds suffered last month as well. Emerging Markets And The U.S. Presidential...
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Donald Trump To Leave His Business, Focus On Presidency
Wednesday, November 30, 2016 - 10:52am | 344President-elect Donald Trump tweeted that he would leave his business to focus on presidency and avoid any potential conflict of interest. “I will be leaving my great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!” Trump...
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2016's Depressing Words Of The Year: What Is Post-Truth? Xenophobia?
Tuesday, November 29, 2016 - 4:23pm | 434The 2016 U.S. presidential election has had a major impact on Americans in a number of ways. Oxford Dictionaries just selected “post-truth” as the 2016 word of the year. According to Oxford, campaign rhetoric associated with the U.S. election was the primary driver of the selection. '...
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A Spectacular Small-Cap ETF For The Trump Rally
Tuesday, November 29, 2016 - 9:25am | 560The "Trump rally," the term applied to the post-election run-up in equities following the U.S. presidential election, ebbed a bit Monday. One trading day does not define a trend, but it is fair to say some asset classes have enjoyed the stunning election results. ETF Strategies Post-Election That...
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Sprint Nearing Its $8 Target; Equity Incentive Plan Set To Kick In
Monday, November 28, 2016 - 4:02pm | 470Sprint Corp (NYSE: S) stock has had quite the month. The wireless carrier’s stock price has shot up 27 percent since Election Day on November 8 due to speculation that a Trump administration will be more lenient regarding a potential merger between the company and T-Mobile US Inc (NASDAQ:...
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Why Trump's Election May Have Caused An Executive Exodus At The SEC
Monday, November 28, 2016 - 2:42pm | 373Within a week of Donald Trump's surprise election to the highest office in the land, SEC Chair Mary Jo White announced her plans to depart the agency at the end of the Obama administration. Within about a week, three other high ranking officers at the SEC announced that they, too, would be...
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Trump Presidency To Slow The Gun Industry's Momentum
Monday, November 28, 2016 - 10:45am | 348Following the recent election of a “more gun-friendly Republican administration and Congress, combined with a sluggish start to hunting season due to unseasonably warm autumn weather through much of the country,” Wunderlich’s Rommel Dionisio noted that sales of firearms and...
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The State Of Cybersecurity Stocks
Sunday, November 27, 2016 - 9:54am | 459While the tech sector as a whole has lagged the market since Election Day, the PureFunds ISE Cyber Security ETF (NYSE: HACK) has gained 3.7 percent, outpacing the S&P 500’s 3.3 percent rise. There has been a number of news events in the cybersecurity space in recent weeks, but the...
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Imprimis Signs Agreement With One Of Nation's Largest Pharmacy Benefit Managers; CEO Talks Disruption
Tuesday, November 22, 2016 - 4:44pm | 709Pharmaceutical compounder Imprimis Pharmaceuticals Inc (NASDAQ: IMMY) first stepped onto the national stage in December 2015, when the company announced its partnership with Express Scripts Holding Company (NASDAQ: ESRX) to distribute a $1 Daraprim alternative following Martin Shkreli and Turing...