U.S. stocks are trading slightly lower this morning, as third-quarter earnings season commences. Among the stocks making moves this morning are banking institution and blue-chip powerhouse JPMorgan Chase & Co (NYSE:JPM), pizza restaurant chain Domino's Pizza, Inc. (NYSE:DPZ), and drugmaker AcelRx Pharmaceuticals Inc (NASDAQ:ACRX). Here's a closer look at what's moving shares of JPM, DPZ, and ACR...Read More
Analysts are weighing in on biotech Ardelyx Inc (NASDAQ:ARDX), mobile game maker Glu Mobile Inc. (NASDAQ:GLUU), and retail giant Wal-Mart Stores Inc (NYSE:WMT). Here's a quick roundup of today's bullish brokerage notes on shares of ARDX, GLUU, and WMT.Ardelyx Spikes On Price-Target HikesArdelyx stock is up 41.7% to trade at $7.65, after the company last night announced its constipation drug suc...Read More
Analysts are weighing in on retail stock J.Jill Inc (NYSE:JILL), network equipment specialist Juniper Networks, Inc. (NYSE:JNPR), and prepaid card name Blackhawk Network Holdings Inc (NASDAQ:HAWK). Here's a quick roundup of today's bearish brokerage notes on shares of JILL, JNPR, and HAWK.J. Jill Stock Spirals After Slashed Guidance, DowngradeJILL stock is bracing for a 45% drop out of the gate --...Read More
Dow Jones Industrial Average (DJIA) futures are slightly lower ahead of the bell, following another record close yesterday, as financial stocks kick off third-quarter earnings season. JPMorgan Chase (JPM) stock is waffling in pre-market action, as traders weigh an earnings beat against weak trading results for the firm. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are slightl...Read More
Despite a bit of a rocky start, theDow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all closed modestly higher today, after minutes from the Federal Open Market Committee (FOMC) September meeting reaffirmed expectations for a December interest rate hike. Although "many participants expressed concern" about low inflation, severalthink another rate hike in 2017...Read More
Google parent Alphabet Inc (NASDAQ:GOOGL), e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN), and TV streaming service Netflix, Inc. (NASDAQ:NFLX) all received bullish analyst attention today. Below, we will check in with these FAANG stocks and see how they are faring ahead of earnings season, with Netflix set to report early next week.Alphabet Stock Breaks Back Above $1,000 LevelEarlier today,...Read More
The end of this week will mark the second -- and last -- Friday the 13th of 2017, a day that strikes fear in the heart of the superstitious. This day hasspooked the stock market in recent years, though the S&P 500 Index (SPX) bucked this bearish trend this past January. But, if history is any guide, the SPX could be headed toward end-of-week losses, with retail stocks Kohl's Corporation (NYSE:KSS)...Read More
President Donald Trump earlier today once again took aim at NBC in a tweet, a move that could be having a negative effect on other media stocks. For instance, Twenty-First Century Fox Inc (NASDAQ:FOXA) and CBS Corporation (NYSE:CBS) are both sharply lower today, and data suggests shares of both companies could have further to drop. Let's take a closer look at FOXA and CBS below. Media Sector Looks...Read More
Citigroup Inc (NYSE:C) will join fellow big-cap bank JPMorgan Chase (JPM) in the earnings confessional bright and early tomorrow morning, as third-quarter earnings season gets underway. Despite the stock's history of negative earnings reactions, C options traders have been loading up on long calls ahead of the quarterly event, with 2.66 calls bought to open for each put on the International Securi...Read More
In just two days it will be Friday the 13th -- a day many superstitious people feel has ominous undertones. But how does the stock market typically perform on this notoriously spooky day? Below, we take a look at how the S&P 500 Index (SPX) tends to fare on Friday the 13th, and outline 25 stocks for short-term option bulls, if history is any guide, including oil issue Phillips 66 (NYSE:PSX).Before...Read More
U.S. stocks are modestly higher today, as traders cautiously await the Fed meeting minutes. However, not all the action is sluggish, with IT services firm Helios and Matheson Analytics Inc (NASDAQ:HMNY), grocery stock Kroger Co (NYSE:KR), and biotech Aerie Pharmaceuticals Inc (NASDAQ:AERI) making big moves. Here's a quick look at what is moving shares of HMNY, KR, and AERI.Citron Swipe Can't Sto...Read More
The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) have been sticking close to breakeven today, in anticipation of the soon-to-be released Fed meeting minutes, which could provide clues to a possible December interest rate hike. Against this backdrop, the major equity indexes have wavered between small gains andlosses, with stocks cooling their jets afte...Read More
Third-quarter earnings season kicks off this week, with a number of big-cap financial firms set to take the stage. JPMorgan Chase & Co. (NYSE:JPM) will report quarterly results ahead of tomorrow's open -- and options traders are betting on big things for the bank stock in the wake of earnings.At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX...Read More
U.S. stocks are little changed this morning, with the lack of movement stemming from anticipation ahead of today's Fed meeting minutes release. Among the stocks making moves this morning are airliner Delta Air Lines, Inc. (NYSE:DAL), security and data solutions company Barracuda Networks Inc (NYSE:CUDA), and refrigerant services concern Hudson Technologies, Inc. (NASDAQ:HDSN). Here's a closer look...Read More
Analysts are weighing in on oil-and-gas company Schlumberger Limited (NYSE:SLB), Dow stock General Electric Company (NYSE:GE), and biotech bluebird bio Inc (NASDAQ:BLUE). Here's a quick roundup of today's bearish brokerage notes on shares of SLB, GE, and BLUE.BMO Downgrades Schlumberger StockBMO downgraded Schlumberger stock to "market perform" from "outperform," while reducing its price target by...Read More
Analysts are weighing in on digital payment platform PayPal Holdings Inc (NASDAQ:PYPL), social media giant Facebook Inc (NASDAQ:FB), and mobile camera application Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bullish brokerage notes on shares of PYPL, FB, and SNAP.Analyst Expects More Record Highs For PayPal StockPayPal stock is up 1.8% to trade at $67.21, earlier hitting a record hig...Read More
Dow Jones Industrial Average (DJIA) futures are trading in positive territory this morning, after the blue-chip index hit a record high on Tuesday. While the Dow's pre-market upside is modest, futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are slightly lower, with traders apparently unwilling to make any big moves ahead of this afternoon's release of the September Fed meeting minute...Read More
The consistency of daily stock increases has been remarkable lately. This is true for the four major indexes -- S&P 500 Index (SPX), Dow Jones Industrial Average (DJIA), Russell 2000 Index (RUT), and the Nasdaq Composite (IXIC). It has been great for portfolios, but can it last? This week I'm looking at a couple measures that highlight this consistency to see how sustainable it can be going forwa...Read More
TheDow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all posted record highs in early trading, but both the S&P and Nasdaq struggled to stay positive during the second half of the session. Retail giant Wal-Mart Stores (WMT) kept the Dow ahead of the pack, with WMT stock closing 4.5% higher after the company announced a $20 million buyback plan. However, with the...Read More
Shares of General Electric Company (NYSE:GE) tumbled to $23.25 on Monday -- their lowest level in two years -- following news of a massive executive shake-up. And while GE is up 0.4% today to trade at $23.52, one options trader seems to think this is a "dead-cat bounce," and is betting on even lower lows for the Dow stock through year's end.At last check, more than 89,000 puts have traded on GE so...Read More