Short Archives - Zxcoachoutlet

Underground insulin exchanges emerge as workers lose jobs amid pandemic, insurance co-pays fall short

October 12, 2020

DENVER — D.j. Mattern had her Type 1 diabetes under control until COVID-19’s economic upheaval cost her husband his hotel maintenance job and their health coverage. The 42-year-old Denver woman suddenly faced insulin’s exorbitant list price — anywhere from $125 to $450 per vial — just as their household income shrank.

She scrounged extra insulin from friends, and her doctor gave her a couple of samples. But, as she rationed her supplies, her blood sugar rose so high that her glucose monitor couldn’t even register a number. In June, she was hospitalized.

“My blood was too acidic. My system was shutting down. My digestive tract was paralyzed,” Mattern said, after three weeks in the hospital. “I was almost near death.”

So she turned to a growing underground network of people with diabetes who share extra insulin when they have it, free of charge. It wasn’t supposed to be this way,

Red-Hot JinkoSolar Stock Is a ‘Sell’ in the Short Term

October 9, 2020

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Shares of JinkoSolar (NYSE:JKS) have certainly been on a moonshot lately. The Chinese solar manufacturer has risen more than 200% in the past month, coinciding with a breakout in the solar space. Some of the parabolic move higher was certainly warranted given the falling costs and rising demand. However, the rally has now come too far, too fast. It is time for a red-hot JKS stock to cool off.

a green sign with white text: The JinkoSolar (JKS) logo displayed on a plain white wall.

© Provided by InvestorPlace
The JinkoSolar (JKS) logo displayed on a plain white wall.

InvestorPlace Markets Analyst Luke Lango recently took a deep dive into why solar stocks, especially Chinese solar stocks, are poised for continued upside. He noted how the landscape has dramatically changed for JKS. Actual sales are now driving profits, instead of subsidies. This is undoubtedly a more enduring business model

Speculators Cut Short Dollar Bets to Lowest Since July -CFTC, Reuters | Investing News

October 9, 2020

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NEW YORK (Reuters) – Speculators reduced their net short dollar positions in the latest week to the lowest level since late July, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

The value of the net short dollar position fell to $28.35 billion in the week ended Oct. 6, compared with a net short of $30.47 billion the previous week. U.S. net shorts hit a more than nine-year high of $33.68 billion in late August.

U.S. dollar positioning was derived from contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, and Swiss franc, as well as the Canadian and Australian dollars.

In a broader measure of dollar positioning

that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real, and Russian ruble, the U.S. dollar posted a short position of $28.56 billion, down from net shorts of $30.41

$543 Million In Short Positions For The Macerich Company (NYSE:MAC)

October 7, 2020

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Introduction

At $1.03 billion market cap, The Macerich Company (NYSE:MAC) is a leader in shopping mall real estate ownership. Malls and physical retail were already experiencing a declining trend before COVID-19. Now, the future of shopping real estate is even more uncertain. Based on fundamentals, our long-term recommendation is to underweight. However, be on guard for a potential short squeeze as this could send the price in a violent move upwards, making Macerich a speculative buy if the price breaks resistance levels.

Overview

A company in the podium of retail real estate ownership

The company is widely considered the 3rd largest shopping center owner & operator in the United States. With 52 prime properties, Macerich manages high-quality malls from coast to coast in top locations. The company classifies its properties in three segments: 32 major markets, 17 regional centers, and 3 outlets.

One third of the revenues come

Retail Demand for BTS’ Label Shares Strong but Falls Short of Expectations | Investing News

October 6, 2020

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SEOUL (Reuters) – Big Hit Entertainment, the management label for K-pop sensation BTS, saw robust but not spectacular demand in the first of two days of share offerings for retail investors, with sentiment hurt by increasing talk that the band’s members may have to complete military service.

In South Korea, all able-bodied men aged 18 or above are obliged at some point to serve in the military for about 20 months.

But there has also been discussion within parliament that the band, which has just become the first South Korean group to reach No.1 on the U.S. Billboard Hot 100 singles chart with the song “Dynamite”, could be granted an exemption as it has successfully promoted the country’s image abroad.

Individual investors on Monday submitted orders for 89.6 times the amount of stock made available to them worth some 8.6 trillion won ($7.4 billion), said lead arranger NH Investment &

China’s iQIYI: Internal Report Refutes Short Seller’s Allegations

October 5, 2020

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Shares of iQIYI (IQ) – Get Report rose Monday after the Chinese online entertainment company said an internal review had refuted a short seller’s allegations that it inflated revenue and user numbers.

It also said it will continue to cooperate with a Securities and Exchange Commission inquiry.

Iqiyi American depositary receipts recently traded at $23.49, up 2.8%. The stock has climbed 11% year to date.

In April, short seller Wolfpack Research accused iQIYI, which competes with Tencent (TCEHY) , of inflating its 2019 revenue by some $1.13 billion to $1.98 billion, or between 27% and 44%.

Iqiyi, which is 56% owned by Chinese internet titan Baidu (BIDU) – Get Report, also inflated its expenses, the prices it pays for content, acquisitions and other line items to burn off fake cash positions and hide the fraud from investors and auditors, Wolfpack said.

The SEC

Buy Lam Research And Sell Short Gilead

October 4, 2020

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NYSE — Photographer: Jonathan Fickies/Bloomberg News

BLOOMBERG NEWS

The market cycles are in a bottoming phase. However, October is the most volatile month, has brought the largest one-day declines, but has usually closed on the upside. Bullish sentiment was only partially doused by the correction. This month and the quarter are likely to close out on the upside but a large short-term decline cannot be ruled out.

Here are two stock recommendations for the short term.

Lam Research is entering a cycle buy phase. The daily cycle turns up on the 6^th and tops on October 15^th. Seven of the last eight cycles have been profitable over the last year. The weekly cycle (87% profitable) and the monthly cycle (80% correct) are also rising. Seasonality is supportive of higher prices. The stock has risen in the month of October 64% of the time, the strongest month in any year.

Money short for effort to ID Panama victims of US invasion

October 3, 2020

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PANAMA CITY (AP) — A commission in Panama charged with identifying the remains of some victims of the 1989 U.S. invasion of the country said Friday it is in danger of running out of funding.

The effort that began with exhumations in January has lifted the hopes of Panamanians who had relatives die or disappear and have lived with unanswered questions about their fate for 30 years.

José Luis Sosa, the executive secretary of the December 20 commission, said the group is X-raying and extracting DNA samples from about 33 remains. But Sosa said the work could be interrupted when funds run out in November. About 514 Panamanian soldiers and civilians were killed in the invasion, as well as 23 U.S. troops. Human rights groups believe the number of Panamanian dead could be higher.

“There is no sense in having the commission open if it is not able to perform

A High Short Interest Ratio On Helen Of Troy Could Help The Stock (NASDAQ:HELE)

October 1, 2020

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I have to be honest, Helen of Troy (HELE) has only been on my radar for a few months. The reason it wasn’t on my radar was mainly due to the average daily trading volume, but the reason it hit the radar this summer was due to its fundamental ratings from Investor’s Business Daily. The company scores very well in both the EPS and SMR ratings. The company is getting ready to report fiscal Q2 2021 results on Thursday, October 1, and I think the company can move higher based on the overall picture for the stock – the fundamentals, the chart, and the sentiment analysis.

The El Paso, Texas-based company operates in three segments: housewares, health and home, and beauty. It manufactures everything from kitchen gadgets and storage containers to makeup and hair dryers. It is considered part of the consumer staples sector and the brands under Helen of

Mind The Uncertainty In The Short Term, But Do Not Forget About Inflation

October 1, 2020

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Introduction

One of the most important variables that investors have been carefully watching and trying to predict in the past few months is inflation. The massive rise money supply to avoid economies from plunging into a deflationary depression has led market participants perplex about the potential consequences in the medium to long term. We have seen that uncertainty over inflation expectations have already started to surge significantly since March as more and more investors are convinced that inflation will eventually surprise the market and start to rise unexpectedly.

Inflation is an important variable for asset allocation as some risk off assets may start to perform very poorly if we see a surge in prices. Figure 1 shows three different measures of US inflation in the past 25 years: CPI, core CPI and core PCE (CPI is more volatile as it includes more volatile items such as food or energy). Even