I've tried my best to stay away from bitcoin (BTC) mania, but it's everywhere, pervading the financial news landscape more and more each day. One day there are headlines about the cryptocurrency rising 50%, the next it's falling 20%. At last glance, it was trading at $9,685.52, just a day after hitting an all-time high of $11,395. Throughout it all, bitcoin and its peers have attracted critics and...Read More
Subscribers to Schaeffer's Weekend Trader Series service recently doubled their money on our Dollar Tree, Inc. (NASDAQ:DLTR) February 87.50 call recommendation. Here's a closer look at what had DLTR stock on our bullish radar, and how the options trade we recommended on Sunday, Oct. 15, unfolded.Despite getting downgraded on Friday, Oct. 13, Dollar Tree stock closed the session up at $91.50, after...Read More
The Dow Jones Industrial Average (DJIA) is set to wrap up an eighth straight monthly win, which would mark its longest monthly win streak in more than 20 years. The index today climbed north of the 24,000 level for the first time ever, and is on pace to end the week with a healthy gain of more than 2.5%. However, while the Nasdaq Composite (IXIC) is in rally mode today, the tech-rich index suffere...Read More
Stocks are trading higher this afternoon, as anticipation continues to build ahead of a tax vote taking place in the Senate today. Among the names making big moves are medical device stock BioTelemetry, Inc. (NASDAQ:BEAT), clothing retailer Tilly's, Inc. (NYSE:TLYS), and bookstore chain Barnes & Noble, Inc. (NYSE:BKE). Here's a quick look at what's moving shares of BEAT, TLYS, and BKS.BEAT is Mak...Read More
Call options are hot on Facebook Inc (NASDAQ:FB) today, as the FAANG stock bounces back from yesterday's tech sector selloff. At last check, roughly 54,000 calls were on the tape, or 1.4 times what's typically seen at this point in the day, with FB shares up 0.9% to trade at $176.64. And if past is precedent, the equity could take an even bigger bounce into the new year.Most of today's action so f...Read More
The U.S. stock market is booming today, with the Dow Jones Industrial Average (DJIA) pushing through the 24,000 level for the first time ever to hit record highs. The S&P 500 Index (SPX) also touched an all-time best -- set for its longest monthly winning streak in a decade -- while the Nasdaq Composite (IXIC) is attempting to recover from yesterday's huge tech selloff. Buzz is building ahead of a...Read More
E-commerce platform Square Inc (NYSE:SQ) has had an exceptional year, most recently generating buzz for its ventures into bitcoin, which only added to the shares' impressive performance in 2017. However, following Wednesday's sector-wide selloff in tech stocks, the shares pulled back to a trendline that has had historically bullish implications. Below, we will take a look at this potential buy...Read More
Analysts are weighing in gold stock Barrick Gold Corp (NYSE:ABX), software developer Workday Inc (NASDAQ:WDAY), and burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of ABX, WDAY, and CMG.Barrick Gold Stock Downgraded to "Sell" at CitigroupBarrick Gold stock is down 3.2% to trade at $13.59 -- fresh off a new annual low of $1...Read More
U.S. stocks are trading higher this morning, thanks to rebounding tech stocks and anticipation over a possible tax reform vote hitting the Senate floor this afternoon. Three stocks making notable moves today are big-time retailer Sears Holdings Corp (NASDAQ:SHLD), supermarket chain Kroger Co (NYSE:KR), and networking concern Juniper Networks, Inc. (NYSE:JNPR). Here's a closer look at what's movi...Read More
Analysts are weighing in on e-commerce titan Amazon.com, Inc. (NASDAQ:AMZN), social media stock Twitter Inc (NYSE:TWTR), and streaming content provider Netflix, Inc. (NASDAQ:NFLX). Here's what's moving shares of AMAZN, TWTR, and NFLX. AMZN Stock Bounces Back After Bull NoteAmazon stock is again receiving bullish analyst attention, as this morning Deutsche Bank raised its price target to $1,425 fro...Read More
Dow Jones Industrial Average (DJIA) futures are higher this morning, after the index enjoyed another record-setting session yesterday. Now, the blue-chip index could take aim at the lofty 24,000 benchmark, and secure an eighth straight monthly win. S&P 500 Index (SPX) futures are also signaling a positive session, with the index set to extend its longest monthly winning streak since the financia...Read More
Palisade Research November 30, 2017 Category: Research For you to make outsized gains, you need to find great projects and the smart people who know how to run them. They aren't easy to come by... But once you find such a combination, you need to take advantage of it. And that is exactly what I'm going to share with you... Even EMX Royalty, one of the most successful prospect generators in the jun...Read More
The Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) started the session hitting record highs, as traders cheered a strong third-quarter gross domestic product (GDP) reading, which helps strengthen the case for a December rate hike. The Dow eventually closed at an all-time peak, as Wall Street continued to bet on bank stocks ahead of this week's GOP tax reform vote, and UnitedHealth (UN...Read More
For the first half of 2017, Dow stock United Technologies Corporation (NYSE:UTX) was flying high thanks to strong support from the 50-day moving average, finally hitting a record high of $124.79 in July. Since then, though, it's been a rocky ride for shareholders, as the 50-day actually turned to resistance and eventually the equity traded as low as $109 in September. Now, UTX stock is testing the...Read More
While earnings season has mostly wrapped up, some companies are still waiting for their turn in the spotlight. GoPro (GPRO) supplier Ambarella Inc (NASDAQ:AMBA) steps into the earnings confessional this week, reporting third-quarter earnings after the market closes tomorrow. Here's a closer look at AMBA stock's performance lately, and how options traders are playing the GoPro supplier ahead of ear...Read More
The Fed is widely expected to raise interest rates at its December meeting, especially in the light of favorable economic data. While conventional wisdom indicates real estate stocks suffer in the face of rising rates, recent history suggests some equities in the sector could enjoy a Santa Claus rally. Below, we'll take a look at theiShares U.S. Real Estate ETF (IYR) and healthcare real estate inv...Read More
Retailers will continue to be in focus next week, as quarterly earnings reports keep rolling in. Among the higher-profile names set to report are Ascena Retail Group Inc (NASDAQ:ASNA), American Eagle Outfitters (NYSE:AEO), and AutoZone, Inc. (NYSE;AZO). However, a busy week of employment data will likely hold the bulk of Wall Street's interest, culminating in Friday's November jobs report. This ma...Read More
Stocks are trading mixed this afternoon, with the Nasdaq Composite (IXIC) sinking with tech stocks. Among the names making big moveslower are FAANG stocks Facebook Inc (NASDAQ:FB), Netflix, Inc. (NASDAQ:NFLX), and Alphabet Inc (NASDAQ:GOOGL). Here's a quick look at what's moving shares of FB,NFLX, and GOOGL.Facebook Stock Moves Lower Despite Barclays NoteShares of Facebook stock have moved lowe...Read More
The tech-heavy Nasdaq Composite (IXIC) is in the midst of its worst single-day session in months. Western Digital Corp (NASDAQ:WDC) is one tech stock in particular that is feeling the pain, with the equity breaching two key technical levels today. Here's a closer look at WDC stock's performance lately, and how options traders are playing the tech stock.What was once a solid year for Western Digi...Read More
Stocks are all over the place today, as the Dow Jones Industrial Average (DJIA) enjoys another big rally, and the Nasdaq Composite (IXIC) is on pace for its worst day in three months. Like the S&P 500 Index (SPX), the Dow touched another record high earlier, thanks to strong gains from bank stocks, but it's sharp losses from tech stocks -- especially shares of FAANG and semiconductor firms -- that...Read More