When Genius Failed: The Rise & Fall of LTCM

In When Genius Failed, Roger Lowenstein chronicles the meteoric rise of Long-Term Capital Management (LTCM) and its subsequent failure. To this day, many investors and traders do not fully understand the impact of LTCM’s failure on financial markets. When Genius Failed highlights the importance of risk management and not relying on mathematical “certainties” in real-world trading. Here is what we have to say about When Genius Failed.

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Barnes & Noble Q1 Earnings Report FY18 (NYSE:BKS)

Today, the market is reacting negatively to the Barnes & Noble Q1 earnings report (NYSE:BKS) for fiscal year 2018. The first quarter earnings call and report saw the bookseller miss expectations. In pre-market trading, BKS stock tumbled over 20%. Is Amazon to blame for the BKS miss? Click to read our analysis and find the full earnings report and call.

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Hewlett Packard Q3 Earnings Release (NYSE:HPE)

On September 5, 2017, Hewlett Packard Q3 earnings will be released. In this article, we outline what shareholders should expect from Hewlett Packard’s (NYSE:HPE) third quarter report. We discuss analyst expectations, the company’s full year guidance, and HPE’s recent spinoff-merger of its software business. Also, be sure to check back for an update and the live earnings conference call.

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Wells Fargo Fake Accounts Rise to 3.5 Million (NYSE:WFC)

The Wells Fargo fake accounts scandal took a turn for the worst earlier today. This morning, Wells Fargo (NYSE:WFC) announced a 67% increase in the estimated number of unauthorized accounts for customers. Initially, the bank’s estimation of the number of fake accounts was 2.1 million. Click to read about the recent updates to the Wells Fargo fake accounts scandal and see how the market and public figures are reacting.

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Lowe’s Q2 Earnings Report Miss & Analysis

Lowe’s Q2 earnings report (NYSE:LOW) was released today, and the company missed on both earnings and revenue expectations. In addition, Lowe’s Q2 earnings report offered lowered full-year guidance for investors. Yesterday, Lowe’s stock traded at $75.69 per share at market close. This morning, LOW opened around $72.30 per share. Click to see Lowe’s Q2 earnings report and The Stock Trader Blog’s analysis and rating on Lowe’s stock.

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Dick’s Sporting Goods Q2 Earnings Release & Rating

Dick’s Sporting Goods Q2 earnings (NYSE:DKS) came out today, and the stock is down roughly 22% in intraday trading. However, the financial results are not nearly as bad as one would think given the market’s stock price reaction. What investors and traders are worried about is the uncertainty of the future of retailers like Dick’s Sporting Goods. Click to see Dick’s full earnings release, the CEO’s statements from the conference call with analysts, live chart of DKS stock, and our stock rating on the company.

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Snap’s Q2 Earnings: a Lesson for Millennials

Snap’s Q2 Earnings (NYSE:SNAP) is trading at all-time lows following the company’s second quarter earnings report. When Snap went public, The Stock Trader Blog issued a sell rating on the stock in an article on Snap’s financial position. So far, our bearish opinion on Snap stock has returned 53.48%. Here’s our updated analysis of why Snap stock is purely speculative, and the lessons millennials should take away from buying into the company.

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J.C. Penney Earnings Amid Q2 Weakness in Retail

Retail companies like Kohl’s and Macy’s are down double-digit percentages following their earnings reports. J.C. Penney earnings (NYSE:JCP) will be released tomorrow morning before the opening bell. The question J.C. Penney investors are asking themselves is if the company will follow in the footsteps of its competitors. It appears the market is preparing for a dismal J.C. Penney earnings report given the bearish price action in JCP stock today. Click to see analyst expectations, our analysis, and updates once the company releases earnings.

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Disney’s Streaming Service Announcement & Q3 Earnings Report

This article covers the announcement of Disney’s streaming service and the company’s third quarter 2017 earnings report.

As CNBC reports, The Walt Disney Company (NYSE:DIS) is pulling its movies off of Netflix as it prepares to launch its own streaming service. The announcement of this new initiative coincided with Disney’s Q3 FY17 earnings report after market close. Shares of Disney are currently down 3.3% in alter-hours trading. Click to read more.

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Martin Shkreli Securities Fraud Conviction by Jury in NY

Martin Shkreli, the 34 year-old who gained notoriety for raising the price of a potentially life-saving drug by 5,000 percent, was found guilty of securities fraud today, Friday, August 4, 2017. Interestingly, the three charges relate to defrauding investors in two hedge funds and in Retrophin Inc. (NASDAQ:RTRX), a pharmaceutical company he co-founded. Click to read more of this story.

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Dow 22,000? Trump’s Stock Market Tweet

This article covers President Trump’s stock market tweet from this morning and offers a counterargument to the Washington Post claims that the stock market’s performance is unrelated to Trump and Washington. In a Washington Post article published this afternoon, Alex Schiffer argued stock market returns are not attributable to President Trump. Click to read more of this news story.

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