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Quibi may near shutdown as buyers pass on catalog
- Quibi, the struggling short-form video service launched by entertainment mogul Jeffrey Katzenberg and led by Meg Whitman, may be close to a shutdown as it runs out of options, The Information says.
The service recently tried to sell its programming catalog to companies including NBCUniversal (CMCSA +0.4%) and Facebook (FB +4.1%), though both of them passed on a potential purchase, according to the report.
Uyghur risk seen disrupting solar value chain with Daqo most at risk, Roth says
- Daqo New Energy (DQ -10.3%) drops sharply after Roth Capital says it sees potential for increased U.S. regulatory scrutiny of companies conducting business in China's Xinjiang province due to concerns about the Uyghurs being used as forced labor in the region, Street Account reports.
British pound perks up as new Brexit talks appear imminent
- The British pound climbs as much as 1.7% after reports that the trade talks between the U.K. and European Union are on the verge of resuming.Invesco CurrencyShares British Pound Sterling Trust ETF (NYSEARCA:FXB) gains 1.7% in late morning trading in New York.
OTCtipReporter.com Reports Wall Street’s Top Emerging Growth Companies in our free daily stock Newsletter. OTCtipReporter.com continues to put out the best stock alerts in today’s stock market. Our exceptional accuracy for stock winners is apparent by our large membership. At OTCtipReporter.com our picks are built on a solid foundation through identifying chart patterns using technical analysis to provide the best trading opportunities for you!
We analyze daily market activity and provide members with stock alerts daily. With that, OTC Tip Reporter wanted to determine a reliable and consistently profitable method of investing in Stocks by entering trades at low risk points, with high upside intact.The methodology really revolves around understanding “herd” behavior as it applies to Nadaq and NYSE Stock markets.
Herd or crowd behavior is crucial to understand as it relates to investing in the Stock market in order to be successful.
Elliott wave theory for example, is one of the foundations that OTC Tip Reporter fully understands and utilizes to some degree, after years of studying human behavioral patterns, Fibonacci retracements, and Elliott wave patterns.
Investors love to chase stocks up and by doing so they increase their risk without knowing it.
The crowd loves to sell low and buy high, OTC Tip Reporter prefers to do the opposite.
This is why we stress “TIMING IS EVERYTHING” we don’t want you to miss a beat with any of our picks we present to you. This is why we want our members to get our Alert’s first, before the crowd.
What if you could consistently buy just before the crowd jumps in and pushes a stock up rapidly? This all comes into play before a “Stock Alert” is delivered. Our goal is to provide you with the latest insights in the market with stocks that can make you huge profits.