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Majesco exits game industry, merges with medical company

SOUTH PLAINFIELD, NJ--(Marketwired - Dec 8, 2016) - Majesco Entertainment, Inc. (NASDAQ: COOL) ("Majesco"), announced today it had signed a definitive merger agreement with PolarityTE, Inc. ("Polarity") Polarity is...Show More Summary

Succinct Summation of Week’s Events 12.9.16

Succinct Summations for the week ending December 9th, 2016 Positives: 1. Dow, S&P 500, and NASDAQ all made new all-time highs. 2. Consumer sentiment rose from 93.8 to 98, just one tenth of a point away from last year’s high. 3. ISM non manufacturing increased from 54.8 previously to 57.2. Show More Summary

Another Day, Another Melt-Up In Stocks As Gold Hits 10-Month Lows

Why does this... Keep making us think of this... Quite a Week: The Dow, S&P, and Nasdaq closed higher every day this week for the first time in 5 years Small Caps soared over 5% this week to record highs - 2nd biggest week since JanShow More Summary

Stock rally powers on: Dow, S&P 500, Nasdaq hit new records

Dow rises for a fifth straight day as stocks set to post strong weekly gains.        

Weekly Scoreboard

Indices S&P 500 2, 255.18 +2.88 % DJIA 1 9,734.90 +2.74 % NASDAQ 5, 439.0 +3.36 % Russell 2000 1, 385.57 +5.41 % S&P 500 High Beta 3 8.07 +4.35 % Goldman 50 Most Shorted 1 24.92 +4.16% Wilshire 5000 2 3,514.15 +3.09 % Russell 1000 Growth...Show More Summary

Is The Government Clearing The Runway For These 3 Banks?

The KBW Bank Index (Nasdaq: BKX) has surged nearly 20% since the election. Investors are hopeful that decreased regulation and tax reform can break the multi-year slump in the financial

InvenSense Halted, Soars 28% as Reuters Says TDK Bids $12/Sh

Shares of sensor maker InvenSense (INVN) were briefly halted in Nasdaq trading, and are now up $2.28, or 27%, at $10.55, following reports it is the object of a buyout bid by Japan’s TDK (6762TW). Reuters’s Liana Baker reports that TDK has “offered $12 per share,” citing one unnamed source. Negotiations are “ongoing,” writes Baker, and may […]

The World's Most Valuable Company Is Undervalued

When you think of the phrase "victim of its own success" and you might think about consumer technology giant Apple Inc. (Nasdaq: AAPL). The company's track record of groundbreaking

5 reasons why stocks are in melt-up mode

Year-end rally kicks in, with Dow, S&P 500, Nasdaq, small-cap Russell 2000 hitting records        

Liberty Tax Service Announces Fiscal 2017 Second Quarter Results

VIRGINIA BEACH, VA -- (Marketwired) -- 12/08/16 -- Liberty Tax, Inc. (NASDAQ: TAX) (the "Company"), the parent company of Liberty Tax Service, today reported results for the second quarter ended October 31, 2016. The Company typically...Show More Summary

Stocks pull back slightly after hitting new record highs

The Nasdaq joined the Dow, S&P 500 in record territory as all 3 indexes hit all-time highs        

2017 could be a rough year for dollar store chains

Dollar store chains Dollar Tree (NASDAQ: DLTR) and Dollar General (NYSE: DG) have been big winners since the recession, as the chart below shows. DG data by YCharts The bargain-basement retail format thrived in the aftermath of the recession as Americans hit hard by the financial crisis were forced to cut back on spending. Show More Summary

Triple Stock Index Check on Breakouts to New Highs

Bullish repbalancing plus a powerful short-squeeze is boosting the US Equity Market to all-time highs at the beginning of December. Let’s get a quick check on the S&P 500, Dow Jones,  and the NASDAQ to see which levels are key now: The S&P 500 isn’t the strongest market right now; it’s actually the Dow Jones. However, our focal [...]

One of the kings of the '90s dot-com bubble now faces 20 years in prison

Sixteen years ago, the tech bubble crashed. The NASDAQ fell from a high of 5,132 in March 2000 to just 1,470 a few months later, as giddy investors suddenly sobered up after figuring out that web businesses with little or no revenue were fundamentally worthless. Show More Summary

Google Is Growing In India, But Competition Is Not Far Away

As it focuses on local initiatives, Alphabet’s (NASDAQ:GOOG, GOOGL) subsidiary Google is generating revenues in India that are growing significantly. The company reported a 44% increase in annual revenues in India for the fiscal year ending March 2016. Digital ad spending in India is growing significantly, with a projected CAGR [...]

And The Market Breaks (Again)

For the second time today, the most liquid, transparent, efficient stock market in the world... has broken. 0950ET: NASDAQ HAS DECLARED SELF HELP AGAINST CHICAGO STOCK EXCHANGE 1244ET: NASDAQ HAS REVOKED SELF HELP VS CHICAGO STOCK EXCHANGE And...Show More Summary

Italian Crisis Sparks Buying Panic In US Stocks - Dow Hits Record High

Well you have to laugh really eh? Dow soars to record highs... And it's not just The Dow, global equity markets were suddenly explosively bid at the European open... (note that NASDAQ - orange - tumbled at the US cash open and was immediatley bid).

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