Sunday, October 23, 2016
Joined Jan 27, 2008
6,676 Blog Posts

TD Ameritrade, Near $4 Billion Scottrade Deal


It appears that Nicole Sherrod and friends are slowely taking over the online broker business. As a thinkorswim user, which is a TD company, I say welcome to the family Scottrade.

This was a good move for scottrade, as a former customer, they need some help on the tech side. TD has some of the best tech, thanks to their Thinkorswim aquisition. Please hook them up TOS team, they need it.

The hellocopter is cool, they should definitely keep the hellocopter. Here are the details:

TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank, are nearing a deal to buy online brokerage Scottrade Financial Services Inc. for $4 billion, according to people with knowledge of the matter.

TD Ameritrade would acquire Scottrade’s brokerage operations for about $2.7 billion in cash and stock, while Toronto-Dominion would purchase Scottrade’s banking operations for $1.3 billion in cash, the people said, asking not to be identified because the talks aren’t public. The takeover may be announced as soon as Monday before markets open in North America, the people said. READ MORE

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Weekend Rankings: iBC Top 50


Here’s your weekly look at the top 50 stocks inside Exodus. The following 50 tickers are the best of the best in terms of combined technical and fundamental scores. The screen also eliminates companies that do not produce free cash flow. We only want the best.

I’ve imported this week’s top 50 tickers to finviz for your viewing pleasure: CLICK HERE TO VIEW THIS WEEK’S TOP 50 STOCKS. Charts in focus this week include:

axp vlo bk ms qcom unh

Note: The results above are sorted by the average daily volume, NOT the actual ranking. To view the actual ranking, the official screen for members can be found & saved HERE.

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$PYPL Breaking Higher On Earnings, Target $49– Goldman


$PYPL, another position of ours inside Exodus, is ripping higher on their latest earnings call. Goldman Sachs upgraded the name following the report, with a $49 price target  I’m in from $36 and change, all noted inside the community notes section of Exodus:


The technicals look ripe for a continued move higher, as we finally breakout from this long drawn out base.  I like what I’m seeing here, have a look below:


PayPal released its latest earnings report after closing bell tonight, posting adjusted earnings of 35 cents per share on $2.67 billion in revenue. Analysts had been expecting 35 cents per share in earnings on $2.65 billion in sales for its third quarter. In last year’s third quarter, the digital payments processor reported 31 cents per share in earnings on $2.26 billion in revenue. READ MORE

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First Look at Nintendo Switch


$NTDOY Nintendo is building some momentum here, and has another huge hit on their hands with the Switch. Check out the introduction video released today:


My cajun brother, the tech guy in the family, who is also known to make a good stock pick or two, says $NTDOY is about to go “nuclear”. He has been building a position over the last few months.

Here’s a 10 year look at the price action in the stock:


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Google Plans Web TV Service, Signs CBS


I would consider this bullish for our position in GOOGL, aka Mr. October.

Google Inc. has reached an agreement with CBS Corp. to carry the broadcast network on its soon-to-be-launched web TV service, people familiar with the matter said.

The new service, which will be housed on Google’s YouTube platform, is likely to debut in early 2017. Google is also near an accord to distribute channels owned by 21st Century Fox and is in advanced talks with Walt Disney Co. as well, the people said. . (21st Century Fox and News Corp, which owns The Wall Street Journal, share common ownership.)

The service, dubbed Unplugged, aims to be a low-cost option targeting consumers who either have resisted subscribing to traditional pay-TV or cut the cord due to rising costs. READ MORE

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$FSLR First Solar Breakout Ahead of Hillary


We caught a sweet breakout in $FSLR this morning, inside the Exodus trading room, as price trigged above $40/share. There is a nice little void in volume here, expect prices to be sucked up higher ahead of Hillary’s clean energy pitch. I’m looking for $45-47 here:


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