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Monthly Archives: July 2017

Money is rushing into ‘the most dangerous trade in the world’

It shouldn’t be too surprising that the XIV exchange-traded note, which is designed to deliver the inverse performance of the well-known CBOE Volatility Index (or the VIX) on a daily basis, is attracting fresh attention after surging as much as 87 percent this year. But some caution that investing in …

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American Ballet Theater Promotes 4 Dancers

Kevin McKenzie, the company’s artistic director, said in a statement, “It is gratifying to tap the depth of our homegrown artists.” Continue reading the main story Ms. Lane joined Ballet Theater as an apprentice in 2003 and became a soloist in 2007. Alastair Macaulay of The New York Times called …

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Advance Auto fell 39% in the first half, Jefferies gives green light to investors

Daniel Acker | Bloomberg | Getty Images A vehicle pulls out of a parking space outside an Advance Auto Parts Inc. store in Peoria, Illinois. Jefferies is upgrading Advance Auto Parts to buy from hold despite significant company setbacks in the first half of the year. “While near-term results likely …

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‘GLOW’ Season 1: Watched It All? Let’s Talk

Photo From left, Rebekka Johnson, Kimmy Gatewood, Alison Brie and Sunita Mani in “Glow.” Credit Erica Parise/Netflix This is a recap of the entire first season of Netflix’s “GLOW.” “GLOW,” the delightful Netflix comedy about an all-women’s pro-wrestling league in the 1980s, spent its entire first season inching toward opening …

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Apple HomePod purchase intent positive, Raymond James says

Getty Images A prototype of Apple’s new HomePod is displayed during the 2017 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 5, 2017 in San Jose, California. Consumers are showing more interest in Apple’s Siri-powered HomePod speaker than they did in the Apple Watch when …

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These are Credit Suisse’s favorite stocks for the next 6 months

Qilai Shen | Bloomberg | Getty Images Pedestrians walk past a Yum! Brands Inc. KFC restaurant in Shanghai, China Credit Suisse released the firm’s best current stock picks to its clients in a mid-year update. The report is Credit Suisse’s “one-stop shop” for their research team’s best stocks and summaries …

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Silver plunges in yet another mysterious market ‘flash crash’

Aizar Raldes | AFP | Getty Images View of silver ingots during the presentation of the first series produced at the Karachipampa silver and lead foundry –which starts its activity 30 years after being built– in Potosi, south Bolivia. Silver futures suddenly dropped before quickly bouncing back in another “flash …

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Before ‘Game of Thrones’ Returns, Let’s Revisit Season 3

You may have heard that “Game of Thrones” is returning to HBO on July 16. To prepare for Season 7, we’re reviewing and reassessing the first six seasons of the show, with the benefit of hindsight. Each article will have spoilers for all six seasons. We previously revisited Seasons 1 …

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This chart shows how quickly Amazon is ‘eating the retail world’

One simple chart depicts what’s taking place in retail today, as many traditional players that once boasted impressive revenue growth now report slipping sales. Amazon, essentially, is “eating the retail world,” MKM Partners analyst Rob Sanderson wrote in a Friday note to clients. His chart shows Amazon, in the categories …

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Gold on track for 5th straight weekly loss after strong jobs report

Gold prices tumbled to their lowest level in nearly five months Friday on the back of stronger-than-expected employment data. Futures for August delivery dropped 1 percent to $1,210.70 per ounce, reaching levels not seen since March 15. The precious metal was also on track for its fifth-straight weekly loss, its …

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