Author: Deep

Jim Cramer officially declared Wednesday BOGO day for the oil market. BOGO is a term often used in retail to mean buy one, get one free. When a food or consumer products company is in a price war, usually one of the competitors will throw in a BOGO deal to annihilate its competition. “Nothing strikes more fear in the heart of a consumer products company than a buy one, get one price war,” the “Mad Money” host said. (Tweet This) Getty Images Unused tanks for the oil industry pile-up in a shop yard in the Permian Basin oil field on…

MediaTek announced the Helio X20 chip back in May last year and the first mass-produced samples were expected to be available to the manufacturers by the end of 2015. Elephone P9000 was the first smartphone to supposedly utilize the X20 chip, but as it turned out the phone was downgraded to the Helio P10 with an 8-core CPU. Today AnTuTu’s database gives us hope we will be seeing the first Helio X20 smartphone sooner rather than later. Apparently it will be the next Meizu flagship – the Meizu MX6. Someone probably tested the device on AnTuTu and it saved its…

Neffos is the new brand established by TP-Link for its first entries in the smartphone market. The Neffos C5L, Neffos C5, and Neffos C5 Max by TP-Link are the first three smartphones aiming to carry the flag for the brand. All three Neffos smartphones run on Android 5.1 Lollipop, skinned with lightweight-looking proprietary launcher. The Neffos C5L is the smallest entry of all – it has 4.5″ FWVGA display and runs on the Snapdragon 210 chip (4x Cortex-A7 at 1.1GHz, Adreno 304, 1GB RAM). While the hardware doesn’t sound impressive, it should be more than enough for a sub-HD smartphone.…

Is this capitulation? Do you believe we are in a bear market, or not? One thing’s for sure: for a brief moment in the middle of the day, we were in Twilight Zone territory. Rod Sterling should have been the stocks reporter. Consider the following: The CBOE Put/Call ratio, the ratio of put contracts to call contracts being purchased, was 1.75 just prior to the open. That means there were 175 put contracts being purchased for every 100 call contracts. That is extremely high and indicative of a panic. At 12:30 p.m., ET, there were: 1) 1,347 new lows at…

AnTuTu posted on its Weibo account the detected specs of the Samsung Galaxy S7, the 5.1″ one (model number SM-G935A). This, as it turns out, is the Snapdragon 820 version, which has essentially the same specs as the Galaxy S7 edge+ version. The chipset is paired with 4GB of RAM and runs Android 6.0 Marshmallow (with TouchWiz, of course). This particular unit comes with 64GB of storage, but obviously that’s no guarantee that Samsung will be moving up from using 32GB as base. And also no word on a microSD slot, as expected. Samsung Galaxy S7 specs as detected by…

Now that 2015 is officially over, Nokia can enjoy a well-deserved breath of freedom. If you don’t remember, the Microsoft buyout of the Finish’s Titan’s mobile business involved a particular non-compete clause that prevented the company from releasing smartphones under the Nokia brand. That expired on December 31, 2015 and eager fans can hardly contain their excitement at the possibility of new Nokia handsets. Actually Nokia’s eventual return to the smartphone business in 2016 has been debated for quite some time now and after a lot of ups and downs and a few disappointing denials, it seems that the last…

The market sentiment has become more negative than Jim Cramer can ever remember in recent years. That is why Cramer decided to dig a little deeper to figure out when the market will have a real investable bottom and not just an oversold rally. “Sentiment can’t cause a rally on its own. Something fundamental has to change,” the “Mad Money” host said. In order to answer the question of when the market will bottom, Cramer referred back to the checklist he created on Jan. 11 of what needs to happen before a genuine bottom can occur. Unfortunately when Cramer reviewed…

Lenovo has launched the A7000 Turbo in India. The A7000 Turbo is identical to the K3 Note, except for the name and the price. It is priced at INR 10,999 ($164), slightly more than the INR 9,999 ($149) price tag of the K3 Note. To reiterate, the A7000 Turbo has the same 5.5-inch 1080p LCD, MediaTek MT6752 SoC, 2GB RAM, 16GB storage with microSD, dual SIM support with LTE, 13 megapixel camera on the back and 5 megapixel on the front, 2900mAh battery and Android 5.0 with Vibe UI 2.0. The A7000 Turbo branding makes more sense than K3 Note,…

Getty Images Jeffrey Gundlach Jeffrey Gundlach, co-founder and chief executive of DoubleLine Capital, said on Wednesday that the major declines in equity and credit markets could suggest that “margin calls are going on.” In a telephone interview, Gundlach said he did not expect the high-yield junk bond market to bottom out unless the volatility index rises over 40. “This is not stopping any time soon,” Gundlach said. The CBOE Volatility Index was up more than 17 percent on Wednesday to 30.56. “This is a liquidation cycle. All of these things that were so loved are being sold. We have…

Following an invite-free sale at select locations in India late last week, the limited editionOnePlus X Ceramic is now available for purchase in the country exclusively through Amazon. The device carries a price tag of INR 22,999 (around $345). Needless to say, you’ll only be able to purchase the handset if you have an invite. However, what’s worth mentioning here is that standard OnePlus X invites won’t do – you’ll need a specific Ceramic variant invite to make a purchase. For those who aren’t in the know, the device’s availability is only restricted to Europe, India, and Hong Kong -…