Health foods retailer United Natural Foods, Inc. (NASDAQ:UNFI) will report earningstomorrow night. While earnings season has mostly wrapped up, UNFI's report will be of interest, considering Amazon's successful foot traffic with Whole Foods after its price cuts. Below, we will take a look at United Natural Foods' earnings history, and how investors are trading the equity.At last check, UNFI stoc...Read More
Pfizer Inc. (NYSE:PFE) is popping today, following several of its fellow biotech stocks higher. At last check, PFE shares were up 3% to trade at $35.37, and earlier hit a 13-month high of $35.75. Bullish options traders are flooding the Dow stock, too, with one trader eyeing even higher highs over the next several months.With around two hours left in the trading session, nearly 132,000 PFE calls h...Read More
U.S. stocks are trading higher this afternoon, with the S&P 500 Index (SPX) setting a new intraday record, thanks to a rally in financial stocks. Among the names in the spotlight today are biotech stock Aldeyra Therapeutics Inc (NASDAQ:ALDX), medical device maker Aethlon Medical, Inc. (NASDAQ:AEMD), and biotech company Intercept Pharmaceuticals Inc (NASDAQ:ICPT). Here's a quick look at what...Read More
Shares of Twitter Inc (NYSE:TWTR) are in the midst of yet another impressive win streak. Today's 2.7% rise has the stock trading at $18.13, on pace for its fifth straight win and second consecutive close above the 100-day moving average. This would mark TWTR's highest close since it gapped lower after earnings in late July. Options traders have flocking to the social media name, too, betting on...Read More
While the Dow enjoyed its best session since March on Monday, and the S&P 500 Index (SPX) secured a record closing high, the Nasdaq Composite (COMP) added a healthy 72 points, or 1.1%. Looking back at the Nasdaq's best days of late, we discovered a unique pattern emerging: the tech-rich COMP tends to fare particularly well on certain days of the week, and one weekday in particular has been especia...Read More
It's been a monster two days for the U.S. stock market, after the uncertainty surrounding Hurricane Irma and North Korea that kept Wall Street in check last week subsided over the weekend. While the S&P 500 Index (SPX) is fresh off a new record high, the Dow Jones Industrial Average (DJIA) is extending its lead north of the 22,000 mark, after notching its biggest one-day gain since March on Monday...Read More
The Dow Jones Industrial Average (DJIA) is higher at midday, building off of yesterday's excellent session, as Apple's big iPhone reveal takes center stage. The S&P 500 Index (SPX) and Nasdaq Composite (COMP) are also higher, with the former setting a new intraday record, with help from a rally in financial stocks. Beyond equities, traders are also processing Treasury Secretary Steve Mnuchin's com...Read More
A number of Apple suppliers are trading higher today, ahead of this afternoon's big iPhone event. Among those is Western Digital Corp (NASDAQ:WDC), with the shares up 0.5% to trade at $87.80, even after Reuters reported Toshiba is favoring a consortium led by Bain Capital to buy its memory chip unit. Today's price action is just reflective of WDC stock's longer-term trend, up 68% year-over-year. A...Read More
Symantec Corporation (SYMC) is up 32% year-to-date and 29% year-over-year. Following a recent bounce from its 200-day moving average, SYMC is now trading above the $29.50 area -- which roughly coincides with a double of its early 2016 lows -- and could have room to run higher from here. Analysts remain skeptical, however. Of the 20 brokerages covering SYMC, 13 rate the stock a "hold" or "sell."...Read More
Analysts are weighing in on auto stock Advance Auto Parts, Inc. (NYSE:AAP), as well as retailers Michael Kors Holdings Ltd (NYSE:KORS) and Under Armour Inc (NYSE:UAA). Here's a quick roundup of today's bearish brokerage notes on shares of AAP, KORS, and UAA.Citigroup Downgrades AAP Stock to 'Sell'The bad news keeps coming for Advance Auto Parts stock, which is currently down 2.4% to trade at $...Read More
Analysts are weighing in on iPhone maker Apple Inc. (NASDAQ:AAPL), aluminum stock Alcoa Corp (NYSE:AA), and streaming name Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of AAPL, AA, and NFLX. Morgan Stanley Raises the Bull Case for AAPL StockApple stock is up 0.7% ahead of the bell, after an analyst at Morgan Stanley raised the bull case for Apple...Read More
U.S. stocks look poised to extend Monday's huge rally. Among specific stocks in focus are biotech stocks Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) and SAGE Therapeutics Inc (NASDAQ:SAGE), as well as e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN). Here's a quick look at what's boosting shares of TEVA, SAGE, and AMZN. TEVA Stock Looks for More Upside After Paragard SaleTeva Pharmace...Read More
The United Nations adopted new sanctions against North Korea After enjoying its best day in months yesterday, Dow Jones Industrial Average (DJIA) futures are signaling another positive open this morning, as traders await Apple's expected iPhone reveal. The highly anticipated event is set to kick off at 1 p.m. ET. In addition, traders are eyeing Treasury Secretary Steve Mnuchin, who said tax refor...Read More
It was a huge day for equities, with the S&P notching a record-high closeThe Dow Jones Industrial Average (DJIA) got off to an exceptional start to the week, as stock buyers came back to the table in force. The Dow logged its biggest one-day point gain since March, and the S&P 500 Index (SPX) notched its highest close on record, as stocks rallied amid receding concerns surrounding Hurricane Ir...Read More
Jeff and Kerry discuss the stock market, precious metals and Bitcoin. Jeff believes that Bitcoin is relatively unimportant at this point. Because it's so small in terms of investors and dollars, central banks are willing to let the market do its thing and sort out the cryptocurrency space, at least for now. He believes that recent stock market decline is temporary, but further down the road there'...Read More
*The sound quality improves at 3:13Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible a...Read More
Warren Buffett just boarded his gold and silver rollercoaster. Join Mike Maloney as he shows how this ride actually operates in reverse to what most people think. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education compan...Read More
**This webcast originally aired live on Hedgeye.com on July 29, 2020**Hedgeye CEO Keith McCullough sits down with economic commentator and bestselling author James Rickards to discuss critical signals inside the U.S. economy.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advise...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Ben Swann gives you details that other media will ignore. Read More