TheDow Jones Industrial Average (DJIA) rocketed to record highs out of the gate and didn't look back, securing a fifth straight win. In addition, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) extended their winning streaks to six days -- touching all-time highs of their own -- as traders cheered solid September auto sales, which got a boost from post-hurricane demand.Continue reading for mor...Read More
It's a busy day on Capitol Hill, with former Equifax CEO Richard Smith testifying in front of the House Energy and Commerce Committee, and Wells Fargo & Co (NYSE:WFC) CEO Tim Sloan appearing before the Senate Banking Committee. The WFC CEO was grilled by Senator Elizabeth Warren, with the Massachusetts Democrat saying he "should be fired" in the wake of last year's fake account scandal. And though...Read More
U.S. stocks are trading higher again this afternoon, with the S&P 500 Index, Dow and Nasdaq Composite all touching fresh intraday record peaks. Airline stock Delta Air Lines, Inc. (NYSE:DAL) is enjoying a strong day, while biopharmaceutical stocks Celsion Corporation (NASDAQ:CLSN) and RedHill Biopharma Ltd (NASDAQ:RDHL) are trending in opposite directions. Here's a quick look at what is mov...Read More
The good news continue to pour in for Amazon.com (AMZN) following the company's Whole Foods purchase, with Bloomberg reporting another strong increase in foot traffic for the grocer. While Wal-Mart (WMT) is often seen as the main Amazon rival, the recent foot traffic data suggests Sprouts Farmers Market Inc (NASDAQ:SFM) could be the big loser, and the shares are sliding as a result. The stock...Read More
The fourth quarter is typically the strongest of the year for U.S. stocks. However, while the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), Nasdaq Composite (IXIC), and Russell 2000 Index (RUT) typically outperform in the final three months of the calendar year, 2017 could be an exception for some of the indexes, if history repeats. Below, we'll take a look at how the record-setting Do...Read More
Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading up 5.4% today at $13.39 -- the best stock on the S&P 500 Index (SPX) at last check. While some are crediting the surge to unconfirmed takeover chatter, others are speculating on a possible short squeeze -- in addition to the company's newly released embedded graphics processing unit (GPU). Whatever the reason, call volume is soaring i...Read More
Software giant Adobe Systems Incorporated (NASDAQ:ADBE) has been a consistent outperformer in 2017. So much so, in fact, that BofA-Merrill Lynch added the tech stock and its sector peer Broadcom Ltd. (NASDAQ:AVGO) to the the popular Wall Street acronym "FANG," declaring it now "FAAANG." The exclusive club -- first christened by CNBC's Jim Cramer -- originally consisted of Facebook (FB), Amazon (...Read More
Intel Corporation (NASDAQ:INTC) has been on fire over the past month, gaining 11.7% since the end of August to trade at $39.19. In fact, the shares earlier hit a nearly 17-year high of $39.31, breaking out above the $37-$38 area which had capped upside moves since late 2014, and are on pace for their sixth straight win. All the while, options traders have been using call options to speculate on t...Read More
Stocks are once again pushing higher, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all hitting record highs. The risk-on approach comes despite a rather quiet day for economic data, though auto stocks are reacting to the latest monthly sales data. Overall, the Dow is on pace for a fifth straight win, while the S&P and Nasdaq are set to extend t...Read More
Ford Motor Company (NYSE:F) is flying high today -- up 2.1% at $12.35 -- as traders react to the automaker's 9% rise in September vehicle sales. Given today's notable pop, it's not too surprising to see options trading hands at a blistering pace in Ford's options pits. And while a number of speculators are targeting more upside for F stock, some traders are betting on a quick retreat.By the number...Read More
U.S. stocks are trading higher this morning, with the Dow sailing to higher record highs. Among the stocks making moves this morning are real estate and homebuilder Lennar Corporation (NYSE:LEN), biopharmaceutical company Vical Incorporated (NASDAQ:VICL), and credit service Equifax Inc. (NYSE:EFX). Here's a closer look at what's moving shares of LEN, VICL, and EFX.LEN Shares Pick Up After Third...Read More
Analysts are weighing in on carmaker General Motors Company (NYSE:GM), digital payments company PayPal Holdings Inc (NASADQ:PYPL), and casino stock Las Vegas Sands Corp. (NYSE:LVS). Here's a quick roundup of today's bullish brokerage notes on shares of GM, PYPL, and LVS.Upgrade Fuels General Motors Stock to Another Record HighAfter earlier hitting a record high of $43.70, General Motors stock w...Read More
Analysts are weighing in on electric vehicle maker Tesla Inc (NASDAQ:TSLA), tile manufacturer Tile Shop Holdings, Inc. (NASDAQ:TTS), and restaurant stock Brinker International, Inc. (NYSE:EAT). Here's a quick roundup of today's bearish brokerage notes on shares of TSLA, TTS, and EAT.Tesla Production Falls ShortTesla last night said that it fell short of its goal to build 1,500 Model 3 vehicles in...Read More
Qualcomm (QCOM) has had a rough 2017, with the shares racking up a year-to-date loss of more than 20%. The chip stock's decline accelerated on July 20, when a poorly received profit forecast sent QCOM gapping below the $56 level -- a key price point representing double the equity's 2008 lows. Now, with resistance from QCOM's 40-day moving average directly overhead following a brief period of conso...Read More
Dow Jones Industrial Average (DJIA) futures are higher in electronic trading, with the blue-chip index on track for another record-setting session. Strong economic data fueled yesterday's gains in stocks, and today, motor vehicle sales will be in focus. Traders will also keep one eye trained on Las Vegas, as developments continue to unfold surrounding Sunday's mass shooting, as well as on Puerto R...Read More
After wrapping up its longest quarterly win streak in two decades, the Dow Jones Industrial Average (DJIA) kicked off the fourth quarter with a bang, rallying triple digits to assail record heights. Not to be outdone, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also roared to all-time peaks, as stock traders applauded encouraging economic data. Outside of Wall Street, however, investors tu...Read More
Shares of Teva Pharmaceutical Industries Ltd (NYSE:TEVA) are popping today, after the Food and Drug Administration (FDA) introduced a plan to make it easier to market complex generic drugs. At last check, TEVA stock was up 5.1% to trade at $18.49. Options traders are targeting even more upside in the near term, with roughly 48,000 calls traded -- two times what's typically seen at this point in th...Read More
Small-cap stocks have been on a quest for record highs, as evidenced by the recent price action of the Russell 2000 Index (RUT). However, while we recently analyzed the best small-cap stocks to buy in October and the fourth quarter, today we decided to look at some of the small-cap stocks that could dip heading into 2018, if history is any indicator. Below are the 25 worst small-cap stocks to own...Read More
U.S. stocks are trading higher this afternoon, with manufacturing and construction data sending indexes to fresh record highs. Cable provider Altice USA Inc (NYSE:ATUS) and tech stock CyberOptics Corporation (NASDAQ:CYBE), are trending in opposite directions, while automaker General Motors Company (NYSE:GM) is trading at all-time highs. Here's a quick look at what is moving shares of ATUS, C...Read More
Options trading has been extraordinarily heavy on steel stock U.S. Steel Corporation (NYSE:X) and rail industrial company Trinity Industries Inc (NYSE:TRN) in recent weeks. Here's a closer look at how options traders have been placing their bets on X and TRN stocks.The 20 stocks listed in the table below have attracted the highest total mid-cap options volume during the past 10 trading days. Data...Read More