The latest round of corporate earnings has put a spotlight on the retail sector, with shares of Target (TGT) today falling on the company's disappointing outlook for the holiday season. More names from this group are gearing up to release quarterly results in the days ahead, including Foot Locker (FL) and Abercrombie & Fitch (ANF). And according to data from Schaeffer's Senior Quantitative Analyst...Read More
U.S. stocks are trading lower as the nosedive in oil prices continue. Among the stocks making big movesare oil-and-gas concerns SandRidge Energy, Inc. (NYSE:SD) and Marathon Petroleum Corp (NYSE:MPC), as well as mobile payments stock Square Inc (NYSE:SQ). Here's a quick look at what's moving shares of SD, MPC, and SQ. SD Stock is Biggest NYSE Loser on Plans to Buy Bonanza CreekSandRidge Energy...Read More
Stock market exposure by active money managers has plummeted in recent weeks, as evidenced by the National Association of Active Investment Managers (NAAIM) survey. Specifically, last week's NAAIM index touched 56.16 -- the lowest since May 2016 -- and has fallen by40% in the past six weeks. Against this backdrop, we decided to take a look at how the S&P 500 Index (SPX), as well as the CBOE Volati...Read More
Retailer Ross Stores, Inc. (NASDAQ:ROST) willreport third-quarter earnings after the close tomorrow. While sector peer Foot Locker (FL) hopes to buck its ugly post-earnings trend, Ross Stores would like to see a repeat of its recent earnings reactions. What's more, ROST shares tend to outperform during the week of Thanksgiving. Below, we will examine Ross Stores' earnings trends and how options...Read More
It's another risk-off session for U.S. stocks, with the Dow Jones Industrial Average (DJIA) dipping almost 167 points at its session low. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also lower at the halfway point, though the latter index has rebounded hard off its morning lows. The CBOE Volatility Index (VIX) -- or the stock market's "fear gauge" -- earlier peaked above 14.50, into te...Read More
It's a busy week for retail earnings, with Abercrombie & Fitch Co. (NYSE:ANF) set to release its results ahead of Friday's open. The shares have a history of making volatile post-earnings moves. Over the past eight quarters, ANF stock has averaged a one-day swing of 14.9% in the session subsequent to the report -- including a 17.1% one-day pop in August. This time around, the options market is pri...Read More
Retail stocks have been in focus lately as earnings season rolls on. The next big name up is shoe retailer Foot Locker, Inc. (NYSE:FL), which will step into the earnings confessionalbefore Friday's opening bell. Given how fellow retail peers Target (TGT) and Dick's Sporting Goods (DKS) fared after earnings, Foot Locker's earnings reaction is highly anticipated. Here's a closer look at FL sto...Read More
U.S. stocks are trading lower this morning, with equities taking their lead from tumbling oil prices. Among the stocks making moves today are retailer Target Corporation (NYSE:TGT), car parts manufacturer SORL Auto Parts, Inc. (NASDAQ:SORL), and pharmaceutical concern Acorda Therapeutics Inc (NASDAQ:ACOR). Here's a closer look at what's moving shares of TGT, SORL, and ACOR.Target Falls on Disap...Read More
Analysts are weighing in on homebuilder Beazer Homes USA, Inc. (NYSE:BZH), Chinese social media stock YY Inc (NASDAQ:YY), and biotech Sangamo Therapeutics Inc (NASDAQ:SGMO). Here's a quick roundup of today's bullish brokerage notes on shares of BZH, YY, and SGMO. More Highs for BZH Stock After Earnings BeatBeazer Homes last night announced a top- and bottom-line beat for the company's fiscal fourt...Read More
Analysts are weighing in on Snapchat parent Snap Inc (NYSE:SNAP), semiconductor stock MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI), and retailer Bed Bath & Beyond Inc. (NASDAQ:BBBY). Here's a quick roundup of today's bearish brokerage notes on SNAP, MTSI, and BBBY stocks.Soros Dissolves SNAP StakeSoros Fund Management dissolved its entire stake in Snap in the third quarter. Meanwhile, JM...Read More
Dow Jones Industrial Average (DJIA) futures are down over 100 points this morning, as markets react to plummeting oil prices and lingering concerns over the U.S. tax overhaul. Crude futures are extending yesterday's slide this morning, with December-dated oil down 1.1% at $55.10 per barrel, ahead of today's weekly inventories data. Meanwhile, the Dow is once again being dragged down by General El...Read More
Thanksgiving week is always a low-volume trading week, with markets open less than four days (Friday is a half-day for U.S. stocks). This week, I'll look at what stocks have done in the past during the week of Thanksgiving, while also finding which stocks tend to do well during the holiday week.Stocks During Thanksgiving WeekThanksgiving week itself tends to be bullish. Over the past 50 years, the...Read More
by David RansonDavid Ranson's Tactical Asset Selector report "Seeking Better "Balance" in a Stocks-Bonds Portfolio shows, tradeoff between risk and return in a mix of stocks and bonds can be shifted favorably by including a suitable third asset such as gold.To download the PDF versionseeking-better-balance-in-a-stocks-bonds-portfolio-tactical-asset-selectorRead More
It was a negative session on Wall Street today, with the Dow Jones Industrial Average (DJIA) falling in step with General Electric (GE) -- which slumped to its lowest point since late 2011. And while a positive earnings reaction for Home Depot (HD) helped pull the Dow and S&P 500 Index (SPX) off their intraday lows, sinking oil prices kept stocks in the red.Meanwhile, ahead of a Wall Street Journa...Read More
There's been notable options trading activity on media stock CBS Corporation (NYSE:CBS) today. At last check, calls and puts were both crossing at a rate projected to be three times the average daily volume, and total open interest on the security is now at a 52-week high. The vast majority of this volume comes from massive spread activity at the weekly 11/24 75-strike call and put, some of which...Read More
U.S. stocks are continuing their pullback this afternoon, as General Electric (GE) continues its disastrous decline. Among the stocks making big movesare restaurant chain Buffalo Wild Wings (NASDAQ:BWLD), entertainment streaming service Roku Inc (NASDAQ:ROKU), and technology infrastructure concern Switch Inc (NYSE:SWCH). Here's a quick look at what's moving shares of BWLD, ROKU, and SWCH.BWLD High...Read More
It's no secret the stock market has cooled off recently, as traders fret about tax reform, corporate earnings, and General Electric (GE). In fact, at its session low today, the S&P 500 Index (SPX) was trading south of its 20-day moving average. The last time the SPX ended below this trendline was Aug. 30, meaning it hasn't been breached for 52 trading days -- the longest streak in years. Below, we...Read More
Dick's Sporting Goods, Inc. (NYSE:DKS) reported third-quarter earnings and revenue that beat estimates, but the sporting goods retailer warned 2018 profit could drop by as much as 20%. This last data point may be what has DKS stock down 5.5% today to trade at $24.94 -- and options traders targeting new lows by week's end.At last check, 19,177 puts and 14,868 calls had changed hands on DKS -- 10 ti...Read More
It's been a rough month so far for electric vehicle maker Tesla Inc (NASDAQ:TSLA). The stock is staring at a November loss of 6.4%, triggered by a post-earnings bear gap on Nov. 2, which sent the shares below their 200-day moving average for the first time in 2017. Below, we'll take a look at the recent media coverage of the automaker, and how TSLA options traders are aligned ahead of a big event...Read More
Dow component Cisco Systems, Inc. (NASDAQ:CSCO) willreport fiscal first-quarter earnings after the close tomorrow. While fellow Dow stock Home Depot (HD) just reported an earnings beat, Cisco Systems must contend with its rather ugly earnings history. Below, we will examine Cisco Systems' earnings trends and how options traders are positioning themselves with the tech stock.At last check, CSCO...Read More