Our 2015 Derby Picks. Plus, What Traders Can Learn From Horse Racing.

Jul 9, 2020

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01:13 PM PST

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Welcome to the weekend, one and all. And if you're a horse racing fan, then what a weekend it is! In fact, even if you're not into playing the ponies, you can't deny this weekend's Kentucky Derby truly is the most exciting two minutes in sports.


Debt-Free & Cash-Rich SPYR Now Poised to "Pluck" Mobile Gaming Profits

Jul 9, 2020

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01:13 PM PST

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Good Wednesday morning, friends and fellow traders. If it seems like you're receiving today's edition of the newsletter abnormally early, you're not imagining things - today's edition was indeed sent before the open rather than waiting until after the close. The fact that we altered our publishing schedule should underscore the importance we see in getting this particular newsletter out to you as soon as possible. Keep reading. You'll see why.


You know, we're inundated on a near-daily basis to cover small, speculative penny stocks claiming tremendous growth prospects. Unfortunately, most of them simply don't cut the mustard. Today's new idea, however, not only has all of the makings of becoming a potential homerun, but this particular Company's balance sheet looks better than many small caps listed on the NASDAQ. In other words, this stock's underlying fundamentals and forward growth potential are surely worth exploring.


First things first. To say mobile gaming is a huge growth opportunity would probably be the understatement of the decade. Ten years ago there was no such thing as mobile gaming, as smartphones were practically non-existent (BlackBerrys were it), and a decent tablet had yet to be unveiled. Now mobile gaming is a $30 billion industry, and has put some major names on the map, like Zynga (ZNGA) and Glu Mobile (GLUU).

The Pullback Couldn't Have Happened at a Better Time... For the Bears

Jul 9, 2020

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01:13 PM PST

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Good Monday afternoon, everyone, and welcome back to the trading week. We hope you all had a great weekend, but it's time to get back to work.... especially considering how the market sucker-punched a bunch of traders today by pretending it was in breakout mode at the end of last week only to pull the rug out from underneath them at the start of this week.


Stocks Reach the Inflection Point. Now What?

Jul 9, 2020

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01:13 PM PST

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Well folks, there it is. The market's been dancing with the idea for weeks, and finally pulled the trigger today. The S&P 500 as well as the NASDAQ Composite hit multi-year highs on Thursday, punching through the rather strong technical resistance that's been developing over the past few weeks.


Our First Q1 Earnings Season Report Card Bodes Well, Sort Of

Jul 9, 2020

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01:13 PM PST

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Welcome back from the weekend, everybody, and be sure to buckle up. Although earnings season technically began two weeks ago, this is the week we get waist-deep into Q1's results. If earnings are going to shake the market out of its rut (more on this below), this is the week it could start to happen in earnest.


With all of that being said, while the bulk of earnings season is still in front of us, we do have our first update on earnings season so far. And, it's an encouraging one.


You may recall before earnings season started how analysts were collectively calling for the S&P 500 to earn $26.74 in the first quarter. In the meantime the number has been bumped up to $26.94.

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