The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) have all bounced from their morning lows, but stocks remain well below breakeven. General Electric (GE) stock remains front and center, as the shares sink to fresh five-year lows and overshadow an impressive earnings report from fellow Dow component Home Depot (HD). Also dragging the Dow and SPX lower is a sh...Read More
U.S. stocks are trading lower this morning, as traders eye the latest inflation data and a mixed bag of retail earnings. Among the stocks making moves today are home improvement and supply store Home Depot Inc (NYSE:HD), British telecom company Vodafone Group Plc (NASDAQ:VOD), and pharmaceutical concern Loxo Oncology Inc (NASDAQ:LOXO). Here's a closer look at what's moving shares of HD, VOD, and...Read More
Expedia Inc (NASDAQ:EXPE) delivered disappointing third-quarter earnings in late October, driving the travel stock to gap below a trendline that's contained pullbacks since 2013. EXPE also gapped below its 160-day moving average, which had held for most of the stock's recent rally, and the equity is now staring at a negative year-over-year return, underperforming the broader equities market. The...Read More
Analysts are weighing in on embattled Dow stock General Electric Company (NYSE:GE), cancer treatment specialist BeiGene Ltd (NASDAQ:BGNE), and cruise operator Royal Caribbean Cruises Ltd (NYSE:RCL). Here's a quick roundup of today's bearish brokerage notes on GE, BGNE, RCL stocks.GE Stock Slapped With DowngradesIn the wake of General Electric's worst one-day percentage drop since 2009, Independen...Read More
Dow Jones Industrial Average (DJIA) futures are pointed lower this morning, despite a big earnings beat from component stock Home Depot (HD). In economic news,the producer price index (PPI) rose 0.4% in October and 2.8% year-over-year, surpassing consensus estimates. This inflation data will be at the forefront of investors' minds as Fed Chief Janet Yellen joins a number of her global counterpart...Read More
Analysts are weighing in on blue chip retailer Wal-Mart Stores Inc (NYSE:WMT), consumer lending name Navient Corp (NASDAQ:NAVI), and soda giant The Coca-Cola Co (NYSE:KO). Here's a quick roundup of today's bullish brokerage notes on shares of WMT, NAVI, and KO. Bullish Bias Builds Ahead of Walmart EarningsWalmart stock yesterday reached an all-time high of $91.98 before closing at $90.99, up mor...Read More
The Dow Jones Industrial Average (DJIA) started the week on a positive note, as a pre-earnings lift from Home Depot (HD) helped overshadow a staggering loss for General Electric (GE) -- with the stock logging its biggest one-day percentage decline in more than eight years. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also closed modestly higher amid a bare economic calendar, though there's...Read More
Stocks are trading just above breakeven this afternoon, with upside limited by continued tax plan uncertainty. Among the stocks making big movesare drug concern Zymeworks Inc (NASDAQ:ZYME), e-commerce company Baozun Inc (NASDAQ:BZUN), and toymaker Hasbro, Inc. (NASDAQ:HAS). Here's a quick look at what's moving shares of ZYNE, BZUN, HAS.Zymeworks Stock Tops NYSE on J&J Licensing DealZYME stock is a...Read More
Retailers will remain in the spotlight this week, with a handful of big-box and apparel stores reporting earnings. Among them is Victoria's Secret parent L Brands Inc (NYSE:LB), which is slated to report third-quarter figures after the close on Wednesday, Nov. 15. Below, we'll take a look at LB stock and why recent options buyers don't have history on their side.LB stock has rebounded roughly 39%...Read More
Roku Inc (NASDAQ:ROKU) has been on fire since its late-September initial public offering (IPO). This breakout price action is continuing today, with the shares up 35.1% to trade at $44.86 -- earlier hitting a record high of $47.49 -- on news Japan-based Funai Electric will start including the streaming service in its Philips-branded smart TVs. The surge has sparked a flood of options activity, too...Read More
Bullish options traders have been circling Home Depot Inc (NYSE:HD) ahead of the company's earnings release Tuesday morning. Data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) shows a 10-day call/put volume ratio of 3.51, meaning more than three long calls have been purchased for every put. Moreover, this ratio ranks in the high...Read More
Retail stocks have been in focus lately, with J C Penney (JCP) and Sears (SHLD) among the retailers that reported earnings last week. Stepping up to the plate this week is Target Corporation (NYSE:TGT), the shares of which are staring up at a notable technical level ahead of earnings before the open on Wednesday. Here's a closer look at TGT stock's performance lately, and how options traders are...Read More
Stocks have traded on both sides of breakeven today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) last seen modestly higher. General Electric (GE) stock is keeping the Dow's gains in check, down nearly 6% at a five-year low, after the company halved its dividend and cut its 2018 profit outlook. President Trump, meanwhile, attempted to curb skeptic...Read More
General Electric Company (NYSE:GE) stock is selling off after the company said it will halve its dividend payment, reduce its seats on the board by six to 12, and narrow its focus to the power, healthcare, and aviation divisions. General Electric also lowered its fiscal 2018 earnings target. With GE shares down 3.9% at $19.69, options traders are blasting the Dow stock -- and it looks like one cau...Read More
U.S. stocks are trading mixed this morning, with investors still concerned over the possibility of delayed corporate tax cuts. Among the stocks making moves today are online classifieds platform 58.com Inc (NYSE:WUBA), online direct sales company JD.com Inc (NASDAQ:JD), and toy manufacturer Mattel, Inc. (NASDAQ:MAT). Here's a closer look at what's moving shares of WUBA, JD, and MAT.WUBA Touches F...Read More
Analysts are weighing in on global delivery service FedEx Corporation (NYSE:FDX), digital credit provider Qudian Inc (NYSE:QD), and drug stock Nektar Therapeutics (NASDAQ:NKTR). Here's a quick roundup of today's bullish brokerage notes on shares of FDX, QD, and NKTR.Goldman Starts FedEx Stock With a "Buy" RatingFedEx stock is up 0.5% to trade at $219.17, after Goldman Sachs initiated coverage on t...Read More
Analysts are weighing in on drugmaker Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), molecular diagnostics concern EXACT Sciences Corporation (NASDAQ:EXAS), as well as scandalized credit services provider Equifax Inc. (NYSE:EFX). Here's a quick roundup of today's bearish brokerage notes on TEVA, EXAS, EFX stocks.Analysts: No Clear Recovery for TEVATeva Pharmaceutical stock was downgraded t...Read More
Dow Jones Industrial Average (DJIA) futures are pointedlower this morning, after the index snapped an eight-week winning streak on Friday. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also lower, as concerns continue to linger over a possible delay in corporate tax cuts. However, General Electric (GE) stock is keeping the Dow's pre-market losses in check, after the conglomerate ann...Read More
We started last week without much hoopla, and it seemed as if the calm U.S. equity market would continue trudging along. But on Thursday, stocks experienced an uncommon move downward, and the S&P 500 Index (SPX - 2,582.30) dipped below its 20-day moving average for just the second time in the past two months. Despite this uncharacteristic short-term drop, the index finished the week just slightly...Read More
It was another down day for U.S. stocks, with the Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) closing lower to break eight-week win streaks -- their longest in four years. Today's downside came following a round of disappointing retail earnings, and despite a post-earnings pop from Disney (DIS). Although the Nasdaq Composite (IXIC) managed to eke out a small win thanks to strong...Read More