fracking

Oil Rig Count Rises by 5, Hedge Funds at Record Long Futures Positions

In the week ended February 24, 2017, the number of rigs drilling for oil in the United States totaled 602, up by five compared with the prior week and up from a ...
Read Full Story »
castle silhouette

A Cheap Castle in South Carolina Is Most Popular House of the Week

It must be hard to find a 4,500 square foot castle on the market for $389,900. There is one, in a very remote area of South Carolina. The house at 875 ...
Read Full Story »
cannabis plants

Marijuana Price Dips 2% to $1,618 a Pound

For the week ended Friday, February 24, 2017, the spot price index for a pound of cannabis decreased by 1.9% from $1,649 in the prior week to $1,618. According to ...
Read Full Story »
Downtown Los Angeles

Most and Least Polluted Big American Cities

A great deal has been made of the filth in cities in places like China and India. However, there are large cities in America that are very polluted, and several ...
Read Full Story »
Senior Couple

States With the Longest (and Shortest) Life Expectancy

America spent an estimated $9,451 per person on healthcare in 2015, by far the most of any country. However, among wealthy, industrialized nations, the U.S. has the largest share of ...
Read Full Story »
Stock Price

J.C. Penney, Occidental Petroleum Tumble into Friday’s 52-Week Low Club

February 24, 2017: Here are four stocks trading with relatively heavy volume among 85 equities making new 52-week lows in Friday's session. On the NYSE, advancers and decliners traded evenly and ...
Read Full Story »
market crash

Goldman Sachs, JPMorgan Drag DJIA Down Friday

February 24, 2017: Markets opened lower Friday probably as traders book profits from a long winning streak. There was little economic news Friday and no major earnings reports. The energy ...
Read Full Story »
Ferrari_badge

Why Ferrari Is the World’s Most Powerful Auto Brand

In the auto world there is a lot to be said for having a strong reliable brand, especially in an age when people are continuing to grow more dependent on ...
Read Full Story »
Exit

Is There More Than Meets the Eye on Celgene’s President, COO Retirement?

Celgene Corp. (NASDAQ: CELG) had seen endless growth and a major stock acceleration in prior years. But that was then, and Wall Street only cares about the upside of the ...
Read Full Story »
Profit or Loss

Why the Mobileye Bash Is So Muted

Citron Research is an activist firm known for its infamous short positions over the years. This time Citron is setting its sights on Mobileye N.V. (NYSE: MBLY) after previously targeting NVIDIA ...
Read Full Story »
Female patient on gurney

Is This the Turnaround Cempra Has Been Looking For?

Shares of Cempra Inc. (NASDAQ: CEMP) saw an incredible gain on Friday after the company announced the results from its late-stage trial for the treatment of patients with acute bacterial ...
Read Full Story »
Concept photograph of cannabis leaf made of US dollar bills

The Cost of a Pot Crackdown: $28 Billion

In May of last year the non-partisan Tax Foundation released a report on the federal revenue impact of marijuana legalization and taxes. The report concluded that a "mature" marijuana industry ...
Read Full Story »
crash

Why JC Penney Is Collapsing to New 52-Week Lows

It just so happens that some embattled companies involved in turnarounds just cannot really turn around for their shareholders. In the retail space, this is only becoming all too common ...
Read Full Story »
iPhone 7 Plus

Apple’s Smartphone Lead Over Huawei Falls Below 5%

The global market for new smartphones in 2017 is forecast to reach 1.44 billion units, with the top six vendors accounting for more than 70% of the volume. Market leader ...
Read Full Story »
burning cash

Why HPE Is Being Dragged Down From Its Highs

Although Hewlett Packard Enterprise Co.'s (NYSE: HPE) fiscal first-quarter financial results reported late on Thursday were mixed, the reaction to the results was catastrophic. Much of this seems to be ...
Read Full Story »