While the SPDR S&P Retail ETF (XRT) has averaged a loss of 0.07% in November, going back 10 years, there are still bullish opportunities among retail stocks, if past is prologue. Specifically, a duo of retailers could outperform in the short term: discount retailer Dollar Tree, Inc. (NASDAQ:DLTR) and apparel maker Ralph Lauren Corp (NYSE:RL), which reports earnings tomorrow. Below, we'll take a lo...Read More
Video game stocks are in the spotlight this week, withElectronic Arts Inc. (NASDAQ:EA) trading lower after the company issued a disappointing holiday-quarter revenue forecast. Tomorrow, traders will digest third-quarter earnings from sector peer Activision Blizzard, Inc. (NASDAQ:ATVI) after the close.Here's a closer look at ATVI stock ahead of earnings, and how options traders have been positio...Read More
Stocks for the most part are holding their early gains, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all touching record peaks this morning. However, the Nasdaq has since erased its lead, weighed down by a pre-earnings pullback for Apple (AAPL) stock.Investors are digesting today's strong ADP jobs report, while gearing up for a busy afternoon. S...Read More
Alibaba Group Holding Ltd (NYSE:BABA) will be in the spotlight over the next few weeks, with the Chinese e-commerce name scheduled to report fiscal second-quarter earnings before the open tomorrow. Plus, the company will host its highly successful Singles Day on Monday, Nov. 11. Below, we will examine Alibaba's earnings history and how options traders are positioning themselves ahead of the event....Read More
Apple Inc. (NASDAQ:AAPL) will report fiscal fourth-quarter earnings after tomorrow's close -- capping off a recent stretch of big-cap tech earnings. The iPhone maker has a mixed history of earnings reactions, with the stock closing lower the day after Apple reports in four of the past eight quarters. Most notably, AAPL shares logged back-to-back next-day losses in excess of 6% in early 2016, thoug...Read More
Starbucks Corporation (NASDAQ:SBUX) reports earnings after the close on Thursday, and shareholders may be hiding their eyes ahead of the event. Over the past three quarters, the stock has moved lower in the session after earnings each time, including a 9.2% sell-off in July. SBUX shares have mostly traded sideways since then, last seen trading at $55.27, and sentiment appears bearish across Wall S...Read More
U.S. stocks are starting the month higher, thanks to an upbeat ADP payrolls report. Among the stocks making moves this morning are GPS company Garmin Ltd. (NASDAQ:GRMN), medical transport provider Envision Healthcare Corporation (NYSE:EVHC), and steel producer United States Steel Corporation (NYSE:X). Here's a closer look at what's moving shares of GRMN, EVHC, and X.Garmin Reaches Fresh Highs Afte...Read More
Analysts are weighing in on apparel retailer Abercrombie & Fitch Co. (NYSE:ANF), three-dimensional printing company 3D Systems Corporation (NYSE:DDD), and video game maker Electronic Arts Inc. (NASDAQ:EA). Here's a quick roundup of today's bearish brokerage notes on ANF, DDD, and EA.Abercrombie & Fitch Stock Drops on DowngradeAbercrombie & Fitch stock is down 7.3% to trade at $12.45, after J...Read More
Analysts are weighing in on semiconductor stock Intel Corporation (NASDAQ:INTC), cybersecurity name Qualys Inc (NASDAQ:QLYS), and review site Yelp Inc (NYSE:YELP). Here's a quick roundup of today's bullish brokerage notes on shares of INTC, QLYS, and YELP.Analyst Sees More Highs Ahead for Intel StockJust a day after Intel stock touched a 17-year high, brokerage firm Independent Research raised i...Read More
Dow Jones Industrial Average (DJIA) futures are higher this morning, up triple digits after the index wrapped up a healthy October gain. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also higher, with both indexes appear ready to hit fresh record highs, as traders digest economic data and awaitearnings reports from Facebook (FB) and Tesla (TSLA), among others. The Fed meeting...Read More
The S&P 500 Index (SPX) gained about 2% in October and is now riding a seven-month win streak. Since the March 2009 bottom, there have been two other streaks of that length, neither of which reached eight months. The first streak reached seven months in September of 2009, but then the S&P 500 was down about 2% in October. The last streak happened in May of 2013, only to see the index fall by 1.5%...Read More
U.S. stocks ended modestly higher today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) each posting their best monthly gains since February. The Dow and S&P also extended their monthly win streaks to a seventh month, and the Nasdaq notched another record high in early trading, thanks to surging semiconductor stocks like Intel (INTC).On the econo...Read More
Call volume is running at an accelerated clip on Facebook Inc (NASDAQ:FB) ahead of the company's third-quarter earnings report, due out after tomorrow's close. At last check, 156,315 call options had traded -- 1.2 times the expected intraday amount, and volume pacing in the 81st annual percentile. And, with FB fresh off a new record high of $180.80, options traders are paying up to bet on higher h...Read More
Stocks are higher this afternoon, as the Dow Jones Industrial Average eyes its seventh straight monthly gain. Pharmaceutical concern Lannett Company, Inc. (NYSE:LCI) is tangled in legal trouble, while chip stock Micron Technology, Inc. (NASDAQ:MU) and healthcare stock Stemline Therapeutics Inc (NASDAQ:STML) are surging. Here's a quick look at what's moving shares of LCI, MU, and STML.Lannet...Read More
The semiconductor sector was already technically overbought coming into today, judging by the VanEck Vectors Semiconductor ETF's (SMH) 14-day Relative Strength Index (RSI) -- which closed last night at 77. But these Wall Street favorites continue to push higher, evidenced by fresh highs from NVIDIA Corporation (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC). Below we'll break down today's price...Read More
Shares of Mylan N.V. (NASDAQ:MYL) are spiraling today, after Rajiv Malik -- the drugmaker's president and executive director -- was named in a civil investigation by 45 states and the District of Columbia against pharmaceutical firms in a price-fixing lawsuit. At last check, MYL stock was down 7.2% at $35.50 -- and options traders are betting on even more downside by week's end.By the numbers, rou...Read More
Tomorrow, traders will digest earnings from electric car maker Tesla Inc (NASDAQ:TSLA) after the close.Here's a closer look at TSLA stock ahead of earnings, and how options traders have been positioning themselves on the automaker's shares.Earnings History Is On TSLA's Side... Though still up 51.6% year-to-date, Tesla stock has struggled since touching a record high of $389.61 on Sept. 18, tha...Read More
The Dow Jones Industrial Average (DJIA) is set to end October with a healthy 4.3% gain, which would mark the index's best month since gaining 4.8% in February. What's more, while it will be the Dow's seventh straight monthly gain -- a feat not accomplished in over five years -- the DJIA is pacing for the smallest return during a seven-month rally ever. Below, we take a look at previous monthly win...Read More
The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are modestly higher this afternoon, but are sticking close to breakeven as traders weigh the latest batch of earnings reports. Nevertheless, the Dow and S&P are on pace for a seventh straight monthly gain, and their best month since February. The Nasdaq just touched another record high this morning, and i...Read More
GoPro Inc (NASDAQ:GPRO) reports earnings after the close tomorrow, as the camera maker looks to build off recent bullish analyst attention. Below, we will examine GoPro's earnings history and how options traders are positioning themselves ahead of the event.At last check, GoPro stock is up 0.7% to trade at $10.41. The equity has pulled back from its most recent high near $12, but the drop was cau...Read More