Category: Financial News

In this category, Latest Financial News visitors can find everything that Traders-Paradise finds it is related to the educational material existing here. As the name suggests it is news but ONLY related to Traders-Paradise’s tutorials, courses, guides about trading, and investing.

Here the readers can find posts and articles about recession and how to overcome it. Many trading or investing strategies are explained here. For example, why to use open interest strategy when investing, or growth stock investing strategy.
Here, our experts and journalist are taking examples from the real-life. it is usually breaking news, and use them to explain what is the best solution for traders and investors over a given time or related to the particular event.
Also in Latest Financial News readers can find an explanation of, for example, ratios useful to measure the particular market conditions.

Also, Traders-Paradise gives you some clues on how to react to changes in the markets, no matter if it is the stock market, the Forex market, or any other.
The main aim of the Latest Financial Market News is to connect the real events with the theory. Traders-Paradise uses real-life examples to explain the theoretical rules of investing and trading.
Also, when some breaking out news appear Traders-paradise will write about it but at the same time, the visitors will have a comprehensive analysis of what caused that event and how to overcome it.
Traders-Paradise hopes that this category will be very useful for its visitors and that they will find it helpful.

  • NIO One Of The Most Volatile Stocks

    NIO One Of The Most Volatile Stocks

    NIO One Of The Most Volatile Stocks

    NIO is one of the most volatile stocks on the market and analysts’ consensus is to hold it
    With 33.4 million shares NIO has one of the highest average daily trading volumes

    NIO is one of the most popular and very liquid stocks in the market. However, the volume of stocks like Nio may give an impression of the market’s raised interest. The volume is measured in shares but stocks like Nio have current prices under $2.

    This is a Chinese automobile maker from Shanghai. It is specialized in designing and developing electric autonomous vehicles. And it is NYSE listed under the ticker symbol NIO. This electrical carmaker’s stock has dropped over 70% from the beginning of this year.

    The reasons are numerous, from a vulnerable macroeconomic climate to the geopolitical tensity.

    These worries could be ended since the EV market is rated as recovered. Something like that said Li Bin, the founder and CEO of Nio, according to the National Business Daily. But let’s take a deeper look at the NIO stock.

    Where is the spring for NIO?

    NIO’s CEO Li said “spring for electric vehicles is near” after the sale of Nio’s car a bit rose in September and October.

    Nio is always compared with Tesla Inc and called China’s Tesla. Nice wishes, but not realistic. Tesla (NSYE:TSLA) is a stock worth $354.83 (Nov 22).

    The company had a very bad start this year. The company delivered to the market 1,805 vehicles in January and 811 in February. March was a bit better with 1.373 delivered vehicles, in April the company reported of 1,124, in May 1,089. 

    In June Nio introduced the new model ES6 and increased its sales to 1,340 cars in that month which was almost 70% higher than the previous.

    With new model ES6, sales deliveries were raised in August to 1,943 vehicles, it was sold 146 ES8s and 1,797 ES6s.

    But even with this, the achievements for the beginning of this year were weak. Hence, the company reported a loss for the second quarter and the management announced restructuring with possible job cuts.

    Spring in September

    Nio’s luck reversed in September. The company reported an increase in deliveries, they managed to deliver 2,019 vehicles. And that increase was followed by good results in October when deliveries jumped for 25.1% or 2,526 units.

    At the same time, the management of the company has been very active in solving the gaps, it announced a deal with Intel Corporation’s Mobileye for driverless consumer cars in China. 

    NIO shares were trading at $1.98 at the time of writing this article.

    Bottom line

    The analysts’ forecast for NIO has a medial target of $14.36. The high estimate is at about $88 and a low estimate of $6.41. The median estimate signifies a 625% rise from the current price of $1.98. The analysts’ consensus is to hold NIO stock.

     

  • T Stock Has Dropped On Scepticism

    T Stock Has Dropped On Scepticism

    T Stock Has Dropped On Scepticism

    T stock has dropped more than 4% on Tuesday. The current price is under $38.00.

    UPDATE 2019/11/22: Telefonica (Spain) has signed a contract to use the last-mile network of its U.S. competitor, AT&T, in Mexico. Spanish Telefonica has signed a deal to use some of AT&T’s infrastructure in Mexico.
    AT&T stock price was up and traded at $37.60 on Thursday, November 21 which is a 0,42% increase in comparison with the previous day.

    T stock has dropped more than 4% on Tuesday. It happened after MoffettNathanson’s Craig Moffett lowered the stock to sell. Behind this stands the understanding thatAT&T has bigger problems than the other participants in the wireless scene could be. 

    The truth is that the wireless industry is growing and there are more and more competitors out there but Craig Moffett wrote to investors that “the real problem is everything else” pointing the 60% revenues: “Everything else is 60% of revenues. Wireless will have to do an awful lot of heavy lifting.”

    T Stock Has Dropped On Scepticism

    T stock is downgraded from sell to neutral

    Moffet wrote: “Despite a target price well below AT&T’s recent trading range, we’ve remained Neutral since our upgrade from Sell last November, based largely on the view that global yield starvation would attract capital to AT&T irrespective of its fundamentals.”

    T stock has dropped on analyst’s skepticism that the company is able to score its 2020 revenue target. This recommendation on the shares is very unusual and even more, he repeated his estimation at $25 per share price target on AT&T. Moffet’s opinion is based on decreasing growth, a declining number of users and dropping video revenue at the company’s entertainment segment, especially at Warner Media.

    As Moffett sees the last chance for AT&T is the wireless business, but that job, according to Moffett, is questionable due to the intense rivalry in the area.

    Moreover, HSBC, Investment banking company, also published an announcement, in which they are predicting that difficult times are ahead for the telecom companies. AT&T is on the list.
    “AT&T’s new offerings are “a bit aggressive,” wrote HSBC analyst Sunil Rajgopal.

    Shares of AT&T is up

    Moffett said this is in spite of declining fundamentals and he is suspicious of what is the future company’s outlook. Moffitt admitted that AT&T has de-lever its balance sheet, as they promised and maintain stable EBITDA, but also he stated: “But even as the company has delivered on its promises for 2019, the picture for 2020 and beyond has gotten cloudier.”

    AT&T’s dividend yield is 5.15%. AT&T shares have increased by 39% this year. Yes, the competition is bigger than ever and AT&T will have a lot of pressure on its wireless business to produce great results.

    Bottom line

    AT&T stock price has been showing a rising tendency. 

    What we think is the future price of this stock could surpass $43 after a year. As we can see, this current decline in price is temporary and the stock could recover in the next two weeks and reach $40 to the end of the year. So, try not to sell in panic and hold your AT&T stock. If we are right about price growth of 13% and you have invested $1000 in AT&T stock, your investment might be worth $1130 at this time next year.

    Yes, AT&T Inc holds sales signals. Current resistance is at $39.11 and $39.24. If break-up occurs above any of those two levels the price will go up and it will be a buy signal. Our opinion is that this stock’s price may slightly decline further until finding a new bottom pivot. The price will fall because the volume increased on falling prices on Monday, November 18, 2019. But as we said, it could be just temporary.

     

  • Trulieve Cannabis Corp. Revenue Grew 150% In Q3 Report

    Trulieve Cannabis Corp. Revenue Grew 150% In Q3 Report

    Trulieve Cannabis Corp. Revenue Grew 150% In Q3 Report

    Trulieve Cannabis Corp reported higher-than-expected revenue in the Q3 earnings report. The company started trading in the U.S. on the OTCQX markets under the ticker symbol TCNNF and trades on the CSE as TRUL.

    Trulieve Cannabis Corp. reported higher third-quarter revenue at $70.7 million which is a surge of 150% and a net income of $60.3 million. Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) published earnings for the third quarter of 2019 yesterday (November 18) after the closing bell. The company reported its revenue increased 22% quarter over quarter and 150% over Q3 2018. That was quite a surprise in comparison to the analysts’ expectations since they projected revenue of $64.6 million The company reported revenue of $57.9 million in the prior quarter.

    Trulieve Cannabis Corp. stock was traded at $11.30 yesterday.

    Trulieve Cannabis Corp. Revenue Grew 150% In Q3 Report
    Market Cap  $972.79 M
    Last price $11.500

    The excellent part, Trulieve posted a net income of $60.2 million. This was the second strong quarter for Trulieve.

    What did the Trulieve report?

    First of all, an increase of 19% of Florida patients. The company opened six new dispensaries there and now it has 35 in total with almost 215,000 patients or users of the smokable flowers.

    Further, the company completed its second public debt deal and received $61 million in gross.  The company had available cash of $100.8 million. Trulieve reported cultivation capacitance of approximately 1.6 million sq ft after made deals in Quincy, Florida, and Massachusetts, Holyoke.

    “Trulieve’s strong brand, wide-ranging access to stores, and authentic customer experience have resonated with our customers and patients. The third quarter was also successful in further strengthening our position in our existing markets as well as preparing for new market entry. We continue to build operational efficiencies and financial discipline to ensure a solid foundation, cash reserves, and the right tools at our disposal to expand our footprint. Looking ahead, this is an exciting time as we execute on our strategic vision to be one of the top-performing cannabis companies in North America,” said Trulieve CEO Kim Rivers.

    Also, Trulieve stock has increased by 40% this year as the S&P 500 index grew by 25%.

     

    Trulieve Cannabis Corp. increased adjusted EBITDA of $36.9 million

    Why is this important?

    EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is important because EBITDA is the primary source of all reinvestment in the operations and for returns to shareholders.

    EBITDA is the highest level of cash flow that provides businesses to grow. If the company wants to grow it is necessary to reinvest. EBITA is a measure of cash flow.

    Investors and analysts are focused on EBITDA because it shows the company’s capacity to produce cash flow enough to meet all of the demands of the business. Also, to provide fair returns to shareholders.

    So, we can say, the higher the company’s EBITDA, the better the value of the company. That’s why Trulieve Cannabis Corp.’s increase in adjusted EBITDA of $36.9 million so important.

     

    Trulieve Cannabis Corp. ABOUT

    Among multistate operators, Trulieve is the most profitable. It is largely present in Florida.

    Trulieve Cannabis Corp. operates as a holding company in the United States and Canada. The company operates in the cultivation, possession, sale, and distribution of medical cannabis through its subsidiaries. It is the leading medical cannabis company in Florida. 

    Trulieve went public in Canada via a reverse takeover with a past mining company.

    “There are some complications with being a cannabis company in the United States and having primary operations in the United States. So an RTO was the way that we needed to go,” said  Kim Rivers, the CEO of Trulieve.

    Trulieve managed to avoid the traps of acquisitions because it can be exceptionally costly. This kind of careful fiscal management, and not usual for cannabis businesses, is a big help to Trulieve’s successful operations.

    35 Ways to make money online

    Bottom line

    Trulieve Cannabis Corp stock is not for long-term investing. TCNNF stock can be a bad, high-risk long-term investment option. The current price is $11.500, date 2019/11/19, but your investment may be decreased in the future. These kinds of stocks are very risky but may produce high returns.

     

  • Canopy Growth Lost $20.3 million

    Canopy Growth Lost $20.3 million

    Canopy Growth Lost $20.3 million

    Canopy Growth lost more than it was estimated. The reasons are numerous.
    Its stock is in big troubles after Q2 earnings report on 

    Canopy Growth (NYSE: CGC),  announced the second-quarter earning a result on Thursday, Nov. 14. Canopy Growth, the largest marijuana stock in the world by market cap, reported it lost $20.3 million over the second fiscal quarter. The loss came from returned cannabis oil products. Simply,  it looks people would like to smoke marijuana but don’t like its oil products and the retailers in Canada returned it to the producer. It looks the rocky quarter is behind the company. The sales dropped, and the price resulted in a loss of $1.08 a share during the quarter.

    Don’t miss: Amazon’s Workers or Why I’ll Never Invest in Amazon?

    Its shares fell by around 11% in pre-market trading. That was the response to the report. If this trend continues, its price could easily drop by up to 20% this week. Yesterday, November 14, the price was $15.84 which is a decline of over 14%. Bad days for this company with a market cap of $5.285B.

    Canopy Growth Lost $20.3 million

    Net revenue for the second fiscal quarter was $57.8 million, dropping from the Q1 score of $68.3 million. The company’s net loss increased. It is $282.7 million.
    The performance was worse than the experts expected, they were expecting net revenue of $68.4 million and a net loss of $0.31 per share.
    The expanding market for medical cannabis outside improved 72% over Q1 to $14 million. The same came from recreational cannabis sales – an increase of 24% to $10 million.

    What tends to go wrong, will go wrong

    Canopy Growth’s Q2 report exposed two modest but positive improvements: the gross cannabis revenues grew by 2% and the company closed this period with $2.04 billion in cash, its equivalents, and securities. But that’s all.
    Canada’s legal marijuana market has problems that influence all authorized cultivators. Company’s CEO Mark Zekulin stated: 

    “The last two quarters have been challenging for the Canadian cannabis sector as provinces have reduced purchases to lower inventory levels, retail store openings have fallen short of expectations, and Cannabis 2.0 products are yet to come to market”

    The thing that went wrong is that Canopy took a huge $24 million restructuring debit. To add more pain, the company posted an inventory charge of $12 million. And its Q2 net revenue is $57.8. Much under Wall Street expectations.
    Zekulin said that the management believes this situation is short-term and “Canopy continues to be best positioned with cash-on-hand, a world-class infrastructure, and a portfolio of intellectual property”. 

     

    Canopy Growth lost, what will happen to the shares?

    Canopy’s shares will apparently continue to fall for several reasons. The company’s valuation continues separated from the rest of the legal marijuana industry. For example, its shares are trading eight times more than the next year’s projected sales despite the fact that the company will end up dropping under those optimistic revenue predictions.
    The various problems of the Canadian cannabis market could need years to be solved. 

    Investors’ expectations that the marijuana legalization will be done in a short time all over the world, firstly in the US, were unrealistic. And it looks like it won’t be soon. This subject has barely been touched on by any of the contenders in the next year’s presidential run. 

    The Canopy Growth stock is at its weakest level since 2017. It has lost over 40% of its value this year. Canopy’s shares are deeply unlikely to bounce anytime soon.

     

  • Amazon’s Workers or Why I’ll Never Invest in Amazon?

    Amazon’s Workers or Why I’ll Never Invest in Amazon?

    Amazon's Workers or Why I’ll Never Invest in Amazon?
    Amazon’s workers are under pressure, afraid of being punished if take time off, don’t talk to each other during working hours
    Over three months 28 ambulance calls were made from just one of Amazon’s fulfillment centers asking for medical help. Over the years several were made way too late to save people’s lives

    by Gorica Gligorijevic

    Amazon's workers work under pressure

    First of all, I don’t need toxic toys, diet books, self-help books, or clothes that don’t match the picture from the catalog. And moreover, I don’t understand people who are still buying on Amazon after the reports of the inhuman treatment of their employees. For me, as an investor, is extremely important that the company has good vibes with employees. That it takes care of them, and that it is honest. 

    Recently I was reading some articles about Amazon’s PR “headaches” and concerns about work conditions in its fulfillment centers. The stories I found were true horror.  

    The company has installed a stupid advertising campaign featuring employees saying things like: “I bake cakes every Tuesday!” 

    What does it mean, for God’s sake? Should it have to show us how happy they are? What’s wrong with you people? Workers are not robots (yes, I know Amazon prefers robots), workers are human beings, with problems, emotions, ambitions, life outside the workplace.

    Amazon’s invisible army of hundreds of thousands of employees secures millions of packages are delivered every day. The employees’ testimonies, I have been reading, were scary.

    They expressed their long work hours as a “brutal”, labor slavery, compulsory 60-hours work weeks, they are afraid to take time off, report workplace injuries, and the enormous pressure even during regular days not only around the holidays. And moreover, the company doesn’t care.

    For example, Business Insider reported that ambulance callouts increased during the company’s busiest weeks of the year to three Amazon warehouses in the UK.

    Amazon’s $15 minimum wage per hour

    What Amazon’s workers have to do for that amount?
    Amazon stated it is satisfied with its “great working conditions, wages and benefits, and career opportunities.” Really?
    Should we ask Nick Oates from Kansas City?
    Prior to Cyber Monday in 2018, it was ugly weather in Kansas City. The governor at the time, Jeff Colyer, had to declare a state of emergency on November 25, and people had to stay off the roads. But Oates and his colleagues had to work without excuse. For several months he was living in his car and worked in the fulfillment center since he took medical leave from Amazon for depression. Nobody cared!

    Amazon stated at that time: the staff is advised to stay at home if they think it’s not safe to travel and can do so without fear of punishment. But Oates said his experience showed how far employees will go to provide Amazon’s ability to operate. I would like to add: and how afraid they are to take time off or refuse the overtime. 

    Barely these workers had been in the spotlight.

    In September this year, Billy Foister, a 48-year-old warehouse worker in Amazon, died after a heart attack at work. His brother told media that an Amazon human resources representative said to him that Billy had lain on the floor for 20 minutes before getting attention from Amazon’s internal safety responders.

    “How can you not see a 6ft 3in man laying on the ground and not help him within 20 minutes? A couple of days before, he put the wrong product in the wrong bin and within two minutes management saw it on camera and came down to talk to him about it,” Edward Foister said to The Guardian.

    How is possible that the worker is on the floor 20 minutes and nobody notice that? It is unbelievable! If you have co-workers, colleagues, working with you, you are talking from time to time during the shift, you can see each other, even if you are working in some lab, not in bloody Amazon’s warehouse.

    More accidents to Amazon’s workers 

    This case isn’t the first the company has been accused of providing delayed medical attention to a warehouse worker during working hours. In January this year, the widow of Thomas Becker filed a lawsuit against Amazon. She claimed that management hesitated to provide medical attention during a cardiac arrest. Becker worked at Amazon’s warehouse in 2017 in Joliet, Illinois. 

    From January to March 2019, over three months 28 ambulance calls were made from the warehouse in Etna, Ohio. Five employees with suicidal concerns and five on-the-job injuries. About 3,700 workers are employed at this fulfillment center.

    An Amazon spokesperson said: “Safety is a fundamental principle across our company and is inherent in our facility infrastructure, design, and operations.” Really? With reports of temperatures reaching 45 degrees Celsius during summers in some warehouses and workers who work in them for stretches of 4-5 hours without a break, worker safety doesn’t appear to be “fundamental principle”.

    Bottom line

    Horror stories of working conditions in Amazon and Amazon’s workers have overwhelmed the news, walkouts have erupted across Europe, and lawmakers in the US have lobbied for pay raises. Amazon’s founder and CEO, Jeff Bezos, has turned Amazon into a $790 billion worth company. Yes, he is the richest man in the world. But I don’t have to make him richer. Not me. I wish him luck but my money will stay with me. I’ll never invest in such a cruel company. Profit is important but human lives are more so. 

    I don’t want to say that Amazon isn’t worth investing in, these are my personal reasons why I want to stay away from it.

  • Nokia Stock – The Tale of the Rise and Fall

    Nokia Stock – The Tale of the Rise and Fall

    Nokia Stock - The Tale of the Rise and Fall

    Nokia’s problems around 5G networks may lead to sustained per share loss and limited margin expansion over the next 12-24 months

    Nokia stock is falling. On Friday, November, 8 shares of Nokia Corporation, (NYSE: NOK) displayed a change of 0. That day session it closed at $3.57. Nokia Corporation, a Finland based company, is the technological and communication equipment business. The shares of Nokia Corporation was among the active stocks on that day.

    What did happen?

    The famous manufacturer of telecom-grade networking equipment posted on October, 24 a Q3 report. And shares of Nokia fell 27.9% in the aftermath. The stock price fell due to disappointing undershooting of the guidance targets. Also, it fell in the Helsinki trade because Credit Suisse downgraded Nokia to neutral from outperform. Credit Suisse lowered Nokia’s target price to 3.85 euros from 5.70 euros. Credit Suisse thinks that Nokia may also lose 5G market share due to product delays and high costs.

    The Q3 report points to the 5G network as the main problem. 

    The company’s revenue rose 4% to $6.31 billion. Adjusted earnings lowered from $0.06 to $0.05 per American depositary receipt. Nokia also cut its earnings guidance by 22%. The reason behind, as the report declares, are the growing costs of keeping the company competitive in 5G business.

    Nokia also redirected its dividend funds into even more 5G investments. But don’t be so happy if Nokia is your favorite one. This move will not make Nokia a titan among others because the company is losing 5G contracts with important network operators, for example with Telecom Italia.

    The sudden drop in price isn’t recognized as a buying solution for Nokia shares. Wall Street issued some downgrades too and critical statements after the Q3 report. J.P. Morgan cut its price target on Nokia by 44% and excluded this stock from the list of top recommended.

    It is hard for Nokia’s stock to survive under these difficult conditions. The dividend cut is a clear sign for many investors to stay away and sell stocks, cheaper and cheaper.

    Nokia is suffering now due to stupid business decisions and strong-minded competition. It looks that 5G is a too big bite for this company. Do you remember what did Nokia with the possibility of develope smartphones? It was almost 10 years ago. Instead to took part, Nokia stepped away and made space for others. Only to enter the market late in the game with the Windows Mobile platform, which was dead on arrival due to illogical design decisions. It looks that market shifts with the speed that Nokia isn’t able to catch.

    This became obvious in late October when Nokia made important cuts in its guidance and suspended its dividend. 

    Are there better times for Nokia stock?

    Well, the company made all these moves with an explanation that Nokia has the goal: huge capital investments into 5G networking. That could be a good hunch. But, on the other hand, Nokia may place a big bet, bigger than the company can afford at this time. Increasing investments in the way Nokia is doing may produce some income in the long term, but it has to survive on that path. Is it able? 

    Investors say no. Nokia stock is currently displaying a down return of -2.46 all last week and we can see the bearish return of -27.73 for the last 30 days.

    Some can ask why decreasing the Nokia stock price is not a good buying opportunity. Well, it looks that Nokia came too late on this battlefield.

    5G technology is in development for some time and the biggest players in tech were preparing for a long time to take advantage. Despite the thinking that a low price is a good chance to buy stock, this stock looks very suspicions. Maybe it is better to stay away for some time and watch in which direction the company will go. 

    Bottom line

    Today is November 12, 2019. It’s Tuesday and the current price of NOK stock is $3.535. Our data shows that the price is in a downtrend during the past 12 months with a sharp drop after the Q3 report. This stock should tend to fall more. Should you add a Nokia stock to your portfolio now? It’s up to you. Our opinion is that NOK may decline further in the next 12 months, even to 35%. But in the long run, NOK may be a good investment if you can wait for several years.

  • Yield Curve Turned Positive

    Yield Curve Turned Positive

    Yield Curve Turned Positive

    The yield curve, an indicator from the bond market a few months ago was inverted and started alerts about the risk of a recession. Yield curve turned positive now, and that brings relief to the markets.

    The inverted yield curve is recognized as a recession warning. And now it isn’t inverted, the yield curve has turned positive now. So, can we speak about recession further? Well, that is not how these things work.

    OK, the stocks are rising, but they have turned into the new high. And what investors have to do now, to wait or hop? It looks like investors are cautious. 

    The market is an all-time high, as a difference from the past two years.

    The statistic is looking good for income investors since the 21 of the 30 Dow Jones Industrial stocks have yields of over 2%.

    But a 10-year US Treasury bond yield is below 2%, that level seems to be too low. Therefore, there seems to be risk without a proper return from holding bonds now. This means, there is a reasonable expectation that investors could turn to stocks. When bond prices are low and yield is low, such as right now, the investors could move out of bonds into stocks because stocks are offering a better return now.

    This is something known as great rotation.

    The positive yield curve should be a sign that rationality has returned and the markets are in regular condition now. Are investors ready for this situation and are able to adjust immediately? We are afraid that changes happened too fast and investors couldn’t be efficient at making instant trades. Only a few months ago, investors were convinced that the recession is coming, since the yield curve was inverted. And now the inverted yield curve turned positive. Earnings reports are great, stocks are growing, consumer confidence is returning, conditions look excellent. How can we mention the recession anymore?

    And this is something we have to make more clear.

    The yield curve inversions virtually ever lead recessions, but it isn’t necessarily happening right now, in the same moment. What experts noticed is that we will need about 20 months or 2-3 months more or less to see the recession triggered by inversion of the yield curve.  

    What can we expect when the yield curve turned positive?

    That should produce a change to the markets, and to forget a recession fears. This positive economic turn should produce stock prices to grow. How this can happen? Only if investors take action and invest. Their actions must have turned direction, they have to leave low yield bonds and jump into the stocks. So simple? Yes.

    The truth is, we are in an atmosphere where even the smallest piece of negative news adds fears in our lives. When the negative yield curve appeared everyone was talking about it. The newspapers were reporting, the experts were screaming from TVs, investors moved to bonds. And what we had is that yield curve was inverted and now shifts very quickly to positive giving us no breath. 

    The stock market is driven by expectations but we all have to turn to reality. The reality is clear when it comes to investing: stay focused on long-term goals and avoid emotional reactions. Don’t pay attention to a daily stock price’s changes. We must have a bigger horizon.

  • Canadian Solar Inc CSIQ Is Expected To Report Q3 2019 Results

    Canadian Solar Inc CSIQ Is Expected To Report Q3 2019 Results

    Canadian Solar Inc CSIQ Is Expected To Report Q3 2019 Results

    Canadian Solar (CSIQ) is a producer of silicon ingots, cells, wafers,  solar panels, and custom-designed solar energy applications. It has a 3-5 year EPS growth rate of 32%.
    Market cap – 1.015B
    Current price – $17.12
    Volume – 819,112

     Canadian Solar Inc CSIQ will report Q3 for the 2019 result on Nov 12, before the market open.

    The last reported quarter was surprising in a positive meaning. The company released huge earnings of 234.78% with an average of 115.66%.

    Since the company is a producer of solar panels it is expected that the biggest growth in Q3 results will come from the sales of solar modules. We didn’t notice any change in the company’s fundamental business. It is still strong due to the stable average selling prices and stable demand. So, what we expect is the company will declare a rising in sales.

    There were some interesting sales in the last quarter. Canadian Solar Inc finished the sale to Duke Energy Renewables. It was a big project, a 266 megawatt-peak solar. Also, it looks that the company finished the sales of its projects in Brazil. That is the reason to believe that the company’s main growth is coming from that operations.

    Some experts estimated the company’s Q3 revenue at almost $800 million. That would be an increase of around 4% in comparison to the previous quartal.

    But, the company had an important rise in operating expenses in the past several quarters, and the income tax expenses have risen in the same period. Speaking about a year over year earnings, it might be a decrease of around 8% in comparison to the same quartal last year.

    Should you sell or buy Canadian solar stock

    The CSIQ stock price:

    30 day high was $19.04 and low was $16.72.
    90 day high was $24.82 and low was $16.72.
    52 week high for Canadian Solar Inc.  $25.89 and low $13.24

    A buy signal was issued from a pivot bottom point on Wednesday, November 06, 2019. That shows further profits until a new highest pivot has been found. But some negative signals were issued too. So there are some possibilities of impact on short-term growth.

                                                                                                               Image source https://walletinvestor.com/

    Hence, there is a general sales signal (the long-term average is above the short-term average) but also sales signals from the short-term and long-term average moving averages.

    The resistance level could be somewhere between $17.18 and $18.52 when corrections up. The buy signals will be issued with break-up above these levels. Since the volume fell possible “turning point” is noticed.

    Canadian Solar Inc. is in the middle of a very wide and falling trend in the short term. There are signals of further fall within the trend. The experts expect the price to drop almost 27% in the next 3 months and that there is a 90% possibility hold price in the range from $10 to almost $14 after these 3 months. The experts estimate that CSIQ stock is a strong sell candidate. Anyway, we will wait for its Q3 report and see the plans for the future.

  • 5G Network The Next Technology Revolution

    5G Network The Next Technology Revolution

    5G Network Is Not Just The Next Revolution For Your Mobile
    The development of a 5G network will give us the ability to communicate faster. It will provide us the control of large numbers of devices at the same time.
    5G network can support large networks of low-power scanners able to send and receive data and it is a good opportunity for investors

    By Guy Avtalyon

    In the past few years, the development of a 5G network is in focus. For starters, don’t equate 5G with smartphones. 5G is much more than only higher-quality streaming and faster downloads on your mobiles. To quote Robert J. Topol, Intel’s general manager of 5G development: “5G will be the post-smartphone era” pointing that mobiles will be the first place for launching due to their strong presence in our lives. 

    And prevalent understanding of 5G has to be changed since the possibilities are enormous. Much bigger than we can imagine right now. For example, 5G lower latencies and jitter produces almost lack of any lag. 

    But, let’s say a few words about the 5G data network.

    5G could easily open the potential of many other advanced technologies.
    Due to the ability to share information in real-time, 5G will let a surgeon in London operate on a patient in Peru using wireless robotics with almost zero lag.

    Moreover, some technologies and apps unimaginable until now may soon be our reality.

    Speaking about mobiles, who was able to predict 25 years ago that we will have Bluetooth handsets or wi-fi coverage with the gigabit-speed internet? Okay, you are the smartest one! Thank you.

    And what about  AR glasses and VR headsets?

    Tech companies are convinced that these devices will finally replace our smartphones. With 5G, that could really occur with no doubts.

    5G’s extreme speed and functionality could lead to a new age of technological and entrepreneurial development. Forbes wrote that self-driving cars “won’t work until we have 5G”.
    And do you know what is an extremely important part of this?
    Experts are expecting that 22 million jobs could be created for improving existing infrastructure to the 5G standard.

    5Gs speed is up to 20 gigabits per second. That is more than 20 times faster than 4G’s limit.5G networks can support global connectivity for almost any industry.

    5G could make driverless cars effective and practical. We will have cars with 5G connections in a few years, directly interacting with other cars, traffic lights and we will know where open parking places or traffic congestions are.

    5G networks can support global connectivity for almost any industry.

    Can you imagine the future schools when implementing 5G? Can you recognize all the possibilities for the rising quality of learning? There will be no need to rely on textbooks. Instead, the kids will have real life in the classroom, virtual and augmented reality experience.
    Of course, this isn’t going to happen overnight. But you can be sure that the main changes will happen in the next several years.
    The 5G network is created to provide a signal for a far larger number of devices, at the same time, than a conventional cellular network can. 5G network can provide control of various devices, whether it’s a communicator or a refrigerator. 

    Moreover, it is created for managing and controlling the tools and machines needed in businesses. For example, agriculture equipment, ATMs, or some other device like a sensor for compost. In essence, they are low-power scanners that are able to operate on the same battery for almost 10 years and to send and receive data.

    And, sorry but you can’t just pick up 5G with your current smartphone. 5G technology needs a special set of antennas to communicate in specific radio-signal bands. You will need to buy a new one.

    5G is here. More and more countries come online and more 5G devices are available, and not just in the luxury high-end segments. Find one for you.

    We’ll start to recognize the full potential of 5G very soon. And forget about the fear-mongering of alleged health hazards due to high-frequency radio waves. The Wi-Fi uses 5GHz band, and is perfectly safe, so why wouldn’t 5G also be safe while operating on similar frequencies. And it is a good investment too.

  • Macy’s Stock Is a Candidate For The Bargain Hunters This Month

    Macy’s Stock Is a Candidate For The Bargain Hunters This Month

    Macy's Stock Is a Candidate For The Bargain Hunters

    Bargain hunting indicates that a stock is undervalued and is therefore worth less than it should be. Being ready to choose undervalued stocks is pretty much a talent. How stock can be undervalued? This one is.

    Macy’s Inc  (NYSE:M) is undervalued stock. How do we know that? We all could see, now almost at the end of the year, it was the worst-performing stock in the S&P 500 in 2019. The company cut its earnings guidance and the stock fell for 48%. 

    But here is the tricky part. Don’t you dare to think that some stock is worthless when it touches the bottom? Don’t! When some stock is cheap it is still an opportunity to buy it. Such stock doesn’t deserve to be ignored. You must have a bigger picture and evaluate the market capitalization, the price of the whole company. The market cap of Macy’s is $4.813 billion. Not too much but still. Let’s go further. Macy’s is still a profitable company that makes almost $1 billion in profits this year. The company was forced to cut its guidance because the gross margin has fallen from 38.5% to 39.7%. That was one of the reasons.

    But its sales proceed to drive in the right way with a rise of 0.4% over the last 11 months. 

    Moreover, Macy’s has a lot of expensive real estate that it’s slowly twisting capable to consolidate the value.

    Macy's Stock Is a Candidate For The Bargain Hunters

    The company’s market cap isn’t mentioned accidentally. Macy’s expects to sell assets for $100 million profit and already has a real estate that was priced at about $16 billion by the investment firm Cowen. It was 3 years ago. Compare this value in real estate with its market cap. If you calculate the company’s real estate, plus $100 million in asset sale gains plus future rising sales, plus dividend yielding 9.96%, what can you conclude?

    Macy’s is the candidate for the bargain hunters.

    The real lure for value seekers. To reveal all about Macy’s we will tell you that it is risky stock regarding the change in retail. The whole truth is the stock is currently trading at a P/E of less than 5. 

    A stock’s price is a mixture of investor estimates for future growth/revenue/dividends/ and it is only a matter of belief as to whether some stock is undervalued. It is always a question will your estimation for the company’s future growth be firmer than the estimation of other investors. 

    The point is to be able to notice the value. The value investing will help you to improve long term returns. 

    Normally, value investors are looking for stocks with low-value multiples and ratios. The most popular variant is the P/E or stock price to earnings ratio. That will not account for growth, of course. A low P/E seems good.  

    Why analyze Macy’s stock as a candidate for bargain hunters?

    The stock market is an almost all-time high, and value stocks are often ignored. But recently, the investors are paying more attention to value stocks. So, maybe it is a good time to analyze some of them. Our first suggestion is Macy’s Inc but there are more value stocks out there and worth your attention. They are lately undervalued which makes them favorable if your estimation shows the growth potential in the future. Macy’s has a great history. It was founded in 1858 by Rowland Hussey Macy. Moreover, in 2015, Macy’s was the largest U.S. department store company by retail sales. Today it has 584 stores throughout the US, Guam and Puerto Rico. 

    In the second quarter of 2019, Macy’s shares dropped more than 13%. On August 14, shares were worth $15.82. That was their lowest since February 2010. 

    Our current pick for a candidate for bargain hunters is Macy’s Inc. Watch this stock.