VMware, Inc. (NYSE:VMW) is slated to report third-quarter earnings after tomorrow's close. The information technology stock has a history of positive earnings reactions, closing higher the day after the company reported in five of the last eight quarters. This time around, the options market is pricing in a single-session post-earnings swing of 8.3%, per Trade-Alert, and traders appear to be braci...Read More
U.S. stocks are trading higher this morning, on hopes for tax reform, and as traders eye Fed Chair Janet Yellen'stestimony. Three stocks making notable moves today are fast-casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE:CMG), drugconcern Capricor Therapeutics Inc (NASDAQ:CAPR), and Chinese automotive parts manufacturer Sorl Auto Parts, Inc. (NASDAQ:SORL). Here's a closer look at wha...Read More
Analysts are weighing in aircraft equipment maker Wesco Aircraft Holdings Inc (NYSE:WAIR), quick service restaurant name Wingstop Inc (NASDAQ:WING), and tech stock Autodesk, Inc. (NASDAQ:ADSK). Here's a quick roundup of today's bearish brokerage notes on shares of WAIR, WING, and ADSK. Wesco Aircraft Holdings Stock Hits New Lows After EarningsDeutsche Bank cut its price target on Wesco Aircraft H...Read More
Analysts are weighing in on blue chip Wal-Mart Stores Inc (NYSE:WMT), semiconductor specialist Marvell Technology Group Ltd. (NASDAQ:MRVL), and software stock Nuance Communications Inc. (NASDAQ:NUAN). Here's what's moving shares of WMT, MRVL, and NUAN. RBC Upgrades Red-Hot WMT StockRBC this morning upgraded Wal-Mart stock to "sector perform" from "underperform" and bumped its price target up to $...Read More
Dow Jones Industrial Average (DJIA) futures are pointed higher again this morning, after the index closed at a record high on hopes for tax reform.Traders are seemingly shrugging off North Korea's latest ballistic missile launch into the Sea of Japan, and President Trump's subsequent remarks that the U.S. will "take care of it." Elsewhere, the second reading of third-quarter gross domestic produc...Read More
Barring a significant pullback over the next couple of days, the S&P 500 Index (SPX) will coast into December on an eight-month winning streak. Below, I look how stocks have performed in December, and then how they've done after these winning streaks, which we've seen just nine other times in history. This might give us an idea of what to expect in the coming month and in 2018.December Returns for...Read More
The comments above & below is an edited and abridged synopsis of an article by Lance RobertsAmerican corporations are levered to the hilt with total corporate debt that has surged to $8.7 trillion-its highest level relative to US GDP (45%) since the financial crisis. In the last 2 years, corporations have issued another $1 trillion of new debt, primarily for share buybacks to boost bottom line ear...Read More
The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenThis is the text of an interview with Francesco Filia, a fund manager who is widely respected for his research about how post-crisis monetary policy has distorted markets and the different metrics he uses to determine whether a certain asset is in a bubble. He has a laundry list of metrics that all point to...Read More
The comments above & below is an edited and abridged synopsis of an article by Mike Mish ShedlockFOMC minutes from the recent meeting show Fed Chair Janet Yellen is no longer convinced that low inflation is transitory. Other members mention bubble concerns. The minutes reflect concern that inflation could stay below target longer than expected. They also show a concern over bubbles.Inflation or no...Read More
The comments above & below is an edited and abridged synopsis of an article by David StockmanThe great tech bubble and crash of 2000 marked a crucial turning point in modern financial history: It reflected the fact that the normal mechanisms of stock market price discovery had been disabled by central bankers, and that the natural balancing and disciplining mechanisms of two-way markets had been d...Read More
The comments above & below is an edited and abridged synopsis of an article by Steve St. AngeloTwo-thirds of silver miners have suffered declines in production this year. Many silver-producing countries are also experiencing a reduction in mine supply. Chile's silver production was down 20% in the first 8 months of 2017, while Australia was down 19%, Mexico 2% and Peru 1%.The Silver Institute will...Read More
The comments above & below is an edited and abridged synopsis of an article by Jeff ClarkThe S&P has nearly quadrupled since its 2009 low. It currently ranks as the 2nd-longest bull market in the last 140 years.Just as important as recognizing the frothiness of the current market is the fact that the stock market has always fluctuated between bull and bear markets. No bull market lasts forever.Cap...Read More
World Official Holdings: September 2017 Source: World Gold Council; BMG Group Inc.Read More
Marc gets right down to brass tax and addresses the controversy surrounding his recent comments in the media. A tremendous amount of time is spent tracing the rise and fall of empires and what those great societies added to our modern day world. A cordial conversation continues with Marc delving into sound investment advice and speaks to the hypocrisy of (mostly) American pandering. In Marc's view...Read More
It was another breakout trading session on Wall Street today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all soaring to new heights. Financial shares rallied after Fed chair nominee Jerome Powell said at today's confirmation hearing that current bank regulations are "tough enough," and that "the case for raising interest rates at our next meeting...Read More
U.S. stocks have been on a tear in 2017, with the major market indexes pacing for an eighth straight monthly gain and hitting record highs today. However, some stocks could sit out a "Santa Claus rally" in December, if past is prologue. Below, we'll take a look at one exchange-traded fund (ETF) and two oil stocks you may want to avoid in the short term, especially if the Nov. 30 meeting of the Org...Read More
While most of the bigger names have come and gone for the quarter, some companieshave yet to take their turn in the earnings confessional. Cloud content management specialist Box Inc (NYSE:BOX) is due up this week, reporting third-quarter earnings after the market closes tomorrow. Here's a closer look at BOX's performance lately, and how options traders are playing the cloud name ahead of earni...Read More
Our Weekly Options Countdown trading service targets six trades with a lifespan of just one week, and such a short shelf life forces our traders to take a much different approach compared to longer-term strategies. For example, Schaeffer's Senior Trading Analyst Bryan Sapp noted that he gave strong consideration to a bullish options play on Dow stock Caterpillar Inc. (NYSE:CAT), but such a near-te...Read More
Bullish options betting is picking up on the iShares MSCI Emerging Markets ETF (EEM) today, with the global exchange-traded fund (ETF) up 1% at $47.49. At last check, 165,000 EEM calls were on the tape -- two times what's typically seen at this point in the day -- compared to around 64,000 puts, about half the expected intraday amount. It looks like one trader is betting on an extended surge for e...Read More
Stocks are trading at record highs, still buzzing on solid Cyber Monday sales stats. Among the names making big movesare communications company CenturyLink, Inc. (NYSE:CTL), RV manufacturer Winnebago Industries, Inc. (NYSE:WGO), and Chinese software concern Momo Inc (NASDAQ:MOMO). Here's a quick look at what's moving shares of CTL, WGO, and MOMO.CTL Falls on MoffettNathanson Price CutShares of...Read More