stock trading books


Two weeks ago I made cybersecurity predictions for 2017, and it didnt take long for one of my predictions to be realized. In fact, it occurred before 2016 was even over.

Earlier this week federal indictments were brought against three Chinese nationals on charges of hacking into at least seven law firms and stealing inside information about mergers and acquisitions involving clients of the law firm. Prosecutors say this inside information was used by the hackers to make stock trades before the public was aware of the impending mergers or takeovers and to make illegal profits of more than four million dollars on thetransactions.


This cybercrime is noteworthy not just because it represents a relatively new development in cybercrime butalso because it points out that for us as individuals, our own cybersecurity is dependent on the cybersecurity of the many companies and institutions that hold personal information about us. So, one resolution that y ou should make for the new year is to limit the companies and governmental agencies to which you provide personal information as much as you can.

stock trading books: Versar, Inc.(VSR)

Advisors’ Opinion:

  • [By Lisa Levin]

    Versar Inc. (NYSE: VSR) shares shot up 37 percent to $1.55 after the company disclosed that its long-term joint venture with Johnson Controls Federal Systems was awarded up to $950 million IDIQ contract with U.S. Air Force.

  • [By Lisa Levin]

    Shares of Versar Inc. (NYSE: VSR) were down 36 percent to $1.61. Versar reported a Q3 loss of $1.34 per share on revenue of $36.5 million.

    Breitburn Energy Partners LP (NASDAQ: BBEP) was down, falling around 70 percent to $0.0580 as the company filed for Chapter 11 bankruptcy protection.

stock trading books: Firsthand Technology Value Fund, Inc.(SVVC)


Advisors’ Opinion:

  • [By Hibah Yousuf]

    Similarly, Twitter is also the biggest holding in the Firsthand Technology Value Fund (SVVC). With just over 1 million shares of the social media platform, Twitter represents nearly 11% of the total portfolio as of mid-year. Shares of Firsthand Technology Value jumped more than 6% Friday.

stock trading books: Ocean Power Technologies Inc.(OPTT)

Advisors’ Opinion:

  • [By Lisa Levin]

    Ocean Power Technologies Inc (NASDAQ: OPTT) shares shot up 44 percent to $2.64. On Friday, Ocean Power Technologies reported the deployment of its PB3 PowerBuoy in Japan.

stock trading books: PNC Financial Services Group, Inc. (The)(PNC)

Advisors’ Opinion:

  • [By Teresa Rivas]

    PNC Financial Services (PNC) ended the week on a down note, despite better-than-expected first-quarter earnings.

    PNC said it earned $1.96 per share on revenue that climbed6% to $3.88 billion. Analysts were looking for earnings per share of $1.83 on $3.8 billion of revenue.


    A couple of analysts notes about the quarter are trickling in.

    Evercore ISI’s John Pancari reitearted an Outperform rating and $139 price target:

    We came away from 1Q17 results with greater confidence in our constructive view on the shares, particularly as balance sheet growth strengthens, NIM upside materializes, operative leverage improves, and credit remains contained.

    Raymond James’s Michael Rose reiterated a Market Perform rating on the stock:

    Excluding a positive valuation adjustment, recognition of deferred issuance costs related to the redemption of all REIT preferred securities on March 15, and fair value adjustments related to Visa Class B shares, operating EPS was also $1.96. Stronger than forecast revenue (both net interest income and fee revenue), a lower than forecast loan loss provision, and a lower than modeled tax rate more than offset higher noninterest expenses versus our model. Excluding losses on the sales of securities and the impact of mortgage servicing rights (MSR) hedging activity, we peg core EPS at $1.95.


    PNC closed down 0.2% to $115.80 on Thursday.

  • [By WWW.THESTREET.COM]

    Who is “the market” and how does it “want” to go down? Where’s the commandment that says stocks have to go lower? Who decides that today people who own stocks are by and large going to lose money? And why, of all things, does the market not want to go higher? Didn’t the CEO of the biggest bank, JPMorgan (JPM) , say things are great? Didn’t Wells Fargo (WFC) , after all of that scandal, still show some growth, a sign that it is putting the rough patch behind it? Didn’t Citigroup (C) have its best quarter in years? Wasn’t PNC Financial (PNC) even better, clear triumphs on every single line item? The word “perfect” comes to mind, as in Perfect National Corp. (Wells Fargo and Citigroup are part of TheStreet’s Action Alerts PLUS portfolio.)

  • [By Ben Levisohn]

    We believe investors should continue to own three types of bank stocks: “Return of Capital (RC) Stocks”, “Risk On (RO) Stocks”, and “Multiple Revaluation (MR) Stocks.” RC stocks include M&T Bank (MTB), PNC Financial Services Group (PNC), and SunTrust Banks (STI); RO stocks include Bank of America, Popular (BPOP), Citigroup, JPMorgan, and KeyCorp (KEY); and MR stocks include BB&T (BBT) and PNC Financial Services Group (PNC).

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