U.S. stocks are trading lower after former Trump campaign manager Paul Manafort surrendered to feds in response to being indicted by Robert Mueller. Among the stocks making moves this morning are energy concern Diamond Offshore Drilling Inc (NYSE:DO), healthcare provider Merck & Co., Inc. (NYSE:MRK), and homebuilder CalAtlantic Group Inc (NYSE:CAA). Here's a closer look at what's moving shares of...Read More
Analysts are weighing in on pharmaceutical stock Adamas Pharmaceuticals Inc (NASDAQ:ADMS), Chinese e-commerce name Alibaba Group Holding Ltd (NYSE:BABA), and online retail platform Shopify Inc (US) (NYSE:SHOP). Here's a quick roundup of today's bullish brokerage notes on shares of ADMS, BABA, and SHOP.Analyst Expects Adamas Pharmaceuticals Stock Surge to Continue Adamas Pharmaceuticals stock is...Read More
Analysts are weighing in on semiconductor stock Advanced Micro Devices, Inc. (NASDAQ:AMD), retailer Macy's Inc (NYSE:M), and electric car concern Tesla Inc (NASDAQ:TSLA). Here's a quick roundup of today's bearish brokerage notes on AMD, M, TSLA.AMD Stock Nears Oversold Territory After MS DowngradeAMD stock is down 4.8% at $11.26 this morning, after Morgan Stanley lowered its rating to "underweigh...Read More
Dow Jones Industrial Average (DJIA) futures are sluggish to start the week, as markets digest reports that former Trump campaign manager Paul Manafort surrendered to feds after being indicted by special counsel Robert Mueller. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also lower, with the indexes set to pull back after Friday's tech-inspired rally to record highs. Traders...Read More
With tax reform among the highest priorities in Washington, D.C. -- which you are sure to read and hear about in coming weeks -- this week brings us a continuation of earnings season and a full economic calendar. We'll get data on inflation, personal income and spending, auto sales, productivity, and the October payrolls report on Friday.But from a macro perspective, the biggest news is likely to...Read More
The S&P 500 Index (SPX), and Nasdaq Composite (IXIC) both touched fresh record highs, as traders cheered earnings rallies from tech stocks like Alphabet (GOOGL), Amazon (AMZN), Microsoft (MSFT), and Intel (INTC). The Nasdaq had its biggest one-day point gain since August 2015, and rounded out the week with a fifth consecutive weekly win. Earnings and a stronger-than-expected reading on third-qua...Read More
It's been a rocky ride, but the Dow Jones Industrial Average (DJIA) and the S&P 500 (SPX) should extend their weekly win streaks to a seventh week, as traders cheer relatively strong third-quarter earnings reports from several big-cap companies -- particularly in the tech sector. Meanwhile, the Nasdaq Composite (IXIC) is pacing for its best session in over a year, and should pull in its fifth c...Read More
Stocks are higher this afternoon, but its the Nasdaq Composite (COMP) that's stolen the show on its way to a new record high. However, not all of the day's action is to the upside, with tech name Super Micro Computer, Inc. (NASDAQ:SMCI), retail stock Macy's Inc (NYSE: M), and biotech Gilead Sciences, Inc. (NASDAQ:GILD) all spiraling. Here's a quick look at what's moving shares of SMCI, M, and GIL...Read More
It's been a rough week for biotech stocks, due to a handful of earnings disappointments and concerns about Amazon's (AMZN) entry into the pharmaceutical sector. As such, the SPDR S&P Biotech ETF (XBI) is pacing for its worst week since late June, while the Health Care Select Sector SPDR Fund (XLV) is set for its worst week in a year. However, if recent history is any indicator, today's biotech wea...Read More
Today, it's all about tech stocks on Wall Street, with a sector-wide rally headlined by Amazon's post-earnings run to record highs. But the e-commerce firm's gain is another sector's pain: pharmacy stocks. This group is crashing today amid fresh buzz Amazon is entering the pharmaceutical industry. For instance, both Walgreens Boots Alliance Inc (NASDAQ:WBA) and Rite Aid Corporation (NYSE:RAD) hit...Read More
The Nasdaq Composite (IXIX) is at record highs today -- on track for its best day of the year -- as Wall Street reacts to strong tech earnings from such heavyweights as Alphabet (GOOGL), Amazon (AMZN), and Microsoft (MSFT). Against this backdrop, the PowerShares QQQ Trust (QQQ) and the Technology Select Sector SPDR Fund (ELK) are carving out new highs, as well, and options traders are blasting the...Read More
The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are trading higher this afternoon, buzzing from upbeat gross domestic product (GDP) data and slew ofbig-name tech earnings, including reports from Microsoft (MSFT), Intel (INTC), Amazon (AMZN), and Alphabet (GOOGL). The tech-rich Nasdaq is up triple digits and exploring fresh record highs, on pace for its be...Read More
Restaurant stocks haven't been the best investment choice over the past year. According to Schaeffer's Senior Quantitative Analyst Rocky White, only 50% of the names in our Restaurant sector are trading above their 80-day moving average, and the group had an average year-over-year gain of just 0.5% at Tuesday's close, vastly underperforming the broader market. However, Buffalo Wild Wings (BWLD) ju...Read More
Boeing Co (NYSE:BA) delivered earnings on Wednesday that topped estimates, but the shares pulled back nonetheless, leaving many investors disappointed the blue-chip aerospace stock did not ascend to record highs. Below, we will examine the fallout of Boeing's earnings report, and how options traders are positioning themselves.Following Wednesday's earnings report, Boeing shares pulled back, but t...Read More
Tech earnings are drawing the attention of analysts today, with a number of brokerages weighing in FAANG stocks Alphabet Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN), as well as Dow component Intel Corporation (NASDAQ:INTC). Here's a quick roundup of today's bullish brokerage notes on shares of GOOGL, AMZN, and INTC.Alphabet Stock Skyrockets to Record High On Earnings BeatAlphabet stock...Read More
U.S. stocks are trading higher this morning after another positive round of earnings reports. Among the stocks making moves this morning are solar energy solutions provider First Solar, Inc. (NASDAQ:FSLR), retailer J C Penney Company Inc (NYSE:JCP), and drugstore chain CVS Health Corp (NYSE:CVS). Here's a closer look at what's moving shares of FSLR, JCP, and CVS.FSLR Earnings Send Short Sellers...Read More
Analysts are weighing in on Chinese internet stock Baidu Inc (NASDAQ:BIDU), Barbie maker Mattel, Inc. (NASDAQ:MAT), and electric car concern Tesla Inc (NASDAQ:TSLA). Here's a quick roundup of today's bearish brokerage notes on BIDU, MAT, and TSLA.Baidu Stock Drops on Disappointing Revenue GuidanceBaidu stock is down 7% to trade at $242.29, after the company gave a lower-than-anticipated revenue f...Read More
Dow Jones Industrial Average (DJIA) futures are higher this morning, as the Dow eyes its seventh straight weekly win and markets react to another round of excellent earnings reports. Most notably, the Nasdaq-100 Index (NDX) is set to outperform, thanks to outstanding results from tech all-stars Intel (INTC), Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL). Elsewhere, stocks are reacting to...Read More
After suffering its worst day in weeks yesterday, the Dow Jones Industrial Average (DJIA) bounced to close higher in tandem with the S&P 500 Index (SPX), as traders cheered strong earnings from Twitter (TWTR) and Ford Motor (F). Meanwhile, hopes for tax reform surged after a narrowly passed budget in the House. Reports also circulated that President Trump narrowed his choices for the next Fed...Read More
Social media powerhouseFacebook Inc (NASDAQ:FB) stock has been in a long-term uptrend, touching a record high of $176.74 just last week. However, the stock recently pulled back to a key trendline that has had bullish implications in the past. If history repeats itself, FB stock could be screaming "buy" ahead of earnings next week. According to Schaeffer's Senior Quantitative Analyst Rocky White, t...Read More