U.S. stocks are trading lower this morning, pressured by the prospect of a delay in Republican tax reform. Among the stocks making moves today are discount retailer Kohl's Corporation (NYSE:KSS), biopharmaceutical company SAGE Therapeutics Inc (NASDAQ:SAGE), and drug concern Otonomy Inc (NASDAQ:OTIC). Here's a closer look at what's moving shares of KSS, SAGE, and OTIC.Kohl's Falls on Earnings Mi...Read More
Caterpillar Inc. (NYSE:CAT) has been running up the charts over the past 10 months -- up 47% year-to-date, and one of the best Dow stocks so far in 2017. However, this upside momentum could soon stall out, if history is any guide. And with short-term options attractively priced at the moment, it may be a good time to buy puts on -- or short -- CAT stock.Taking a closer look at Caterpillar's techni...Read More
Analysts are weighing in on telecom CenturyLink Inc (NYSE:CTL), pharmaceutical stock Opko Health Inc. (NASDAQ:OPK), and social media issue Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bearish brokerage notes on CTL, OPK, and SNAP.CenturyLink Stock Sinks to New Low on Earnings Miss, Cut ForecastCenturyLink stock is down 7.8% to trade at $14.99, and hit a seven-year low of $14.75 earlier...Read More
Analysts are weighing in on payments processor Square Inc (NYSE:SQ), biopharmaceutical company Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY), and TV streaming platform provider Roku Inc (NASDAQ:ROKU). Here's a quick roundup of today's bullish brokerage notes on shares of SQ, ALNY, and ROKU. Analysts Hike Price Targets on Square Stock After EarningsSquare last night posted better-than-expected thi...Read More
Dow Jones Industrial Average (DJIA) futures are down nearly triple digits this morning, pulling back after the index notched its seventh straight win yesterday. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also lower, despite all three indexes closing at record highs yesterday. Investors are starting to express concern over possible delays to Republican tax reform, though Senate GO...Read More
After trading in a narrow range on both sides of breakeven, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all managed to close higher, marking the Dow's seventh straight win. Traders ultimately shrugged offdisappointing earnings from Snap (SNAP) and extended weakness in bank stocks, caused by doubt surrounding the Republican tax plan following yesterday'...Read More
Semiconductor stocks have been in focus, thanks to Broadcom's (AVGO) unsolicited buyout bid for Qualcomm (QCOM). The reports have brought QCOM's potential purchase of NXP Semiconductors NV (NASDAQ:NXPI) back into the spotlight. And while NXPI pulled back earlier this month, it ran straight into a trendline that has had bullish implications in the past. If history repeats itself, shares of NXPI cou...Read More
Stocks are battling breakeven this afternoon, with the Dow clawing higher and attempting to extend its winning streak. Among the stocks making big movesareinsurance concern MBIA Inc. (NYSE:MBI), exercise company Planet Fitness Inc. (NYSE:PLNT), and retail giant Sears Holdings Corp (NASDAQ:SHLD). Here's a quick look at what's moving shares of MBI, PLNT, and SHLD.MBI Stock Nears Top of NYSE After Ea...Read More
It's been a year since Donald Trump was elected president, and few sectors have benefited more than defense stocks. One name that certainly hasn't been left behind is thermal imaging expert FLIR Systems, Inc. (NASDAQ:FLIR). The stock sports a year-over-year lead of 45%, and hit a record high of $48.06 in late October following a third-quarter earnings beat. The shares have been consolidating just...Read More
Semiconductor stocks have been on fire in 2017, with NVIDIA Corporation (NASDAQ:NVDA) helping to lead the charge. While NVDA stock is down 2% at $207.88 today ahead of the chipmaker's turn in the earnings confessional tomorrow night, it still remains up nearly 192% year-over-year -- and hit a record high of $212.90 just yesterday. Nevertheless, the outperforming equity could be ready to slow its r...Read More
Video game stocks Take-Two Interactive (TTWO) and Electronic Arts Inc. (NASDAQ:EA) are making headlines this week as traders react to the companies' holiday forecasts. Not to mention, peer Activision Blizzard (ATVI) is rallying today on news of strong sales of its new Call of Duty game. While a strong holiday season outlook sent TTWO shares to record highs, EA stock has pulled back in respo...Read More
Of the exchange-traded funds (ETFs) that we track, the iShares U.S. Home Construction ETF (ITB) currently sports one of the biggest year-over-year returns, up more than 53%. And that's even after housing stocks last week got slammed in the wake of House Republicans' tax plan. However, one homebuilder stock could take a breather soon, if history is any guide: D. R. Horton Inc (NYSE:DHI), which rep...Read More
The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) remain stuck just below breakeven today, as stocks extend the choppy trading action seen all week. Holding back the indexes is weakness from bank stocks, which is being attributed to Republicans' poor showing in local elections last night, and doubts about the GOP tax plan. The Senate is expected to unveil it...Read More
Optical equipment specialist Lumentum Holdings Inc (NASDAQ:LITE) recently pulled back to a key trendline that has had bullish implications in the past. If history repeats itself, shares of LITE could close in on fresh record highs over the next several weeks. Below, we will take a look at this reliable buy signal, and examine how options traders are playing the outperforming equity.According to...Read More
U.S. stocks are trading slightly lower this morning, with investors tempering some of their tax-reform optimism following big gains for Democrats in Tuesday's elections. Among the stocks making moves are online borrowing service LendingClub Corp (NYSE:LC), drug concern Regeneron Pharmaceuticals Inc (NASDAQ:REGN), and online dating specialist Match Group Inc (NASDAQ:MTCH). Here's a closer look at...Read More
The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) on Monday made simultaneous all-time closing highs for the 26th time in 2017 -- a new record. The previous record occurred in 1995, in which the three major stock market indexes made 25 closing highs in tandem. Below, we take a look at how the Dow, S&P, and Nasdaq tend to perform after moving to multiple reco...Read More
Analysts are weighing in on mobile camera application Snap Inc (NYSE:SNAP), biotech TESARO Inc (NASDAQ:TSRO), and apparel and accessories stock Fossil Group Inc (NASDAQ:FOSL). Here's a quick roundup of today's bearish brokerage notes on SNAP, TSRO, and FOSL. Snap Shares Plunge on Third Straight Earnings MissSnap stock is down 11.6% to trade at $13.37, after the Snapchat parent reported its third...Read More
Analysts are weighing in on Grand Theft Auto parent Take-Two Interactive Software, Inc. (NASDAQ:TTWO), biotech Halozyme Therapeutics, Inc. (NASDAQ:HALO), and photonics stock Coherent, Inc. (NASDAQ:COHR). Here's a quick roundup of today's bullish brokerage notes on shares of TTWO, HALO, and COHR. TTWO Shares Set for Record Highs After EarningsBetter-than-expected fiscal second-quarter sales and a...Read More
Dow Jones Industrial Average (DJIA) futures are muted this morning, after the index notched a sixth straight gain yesterday.S&P 500 Index (SPX) andNasdaq-100 Index (NDX) futures are also sticking close to breakeven. Earnings season continues to roll on, with Snap(SNAP) stock set to plunge after an earnings miss, and Wall Street newcomer Roku (ROKU) due up later today. Elsewhere, Wall Street is a...Read More
Stocks have performed exceptionally well recently, with the major market indexes hitting record highs. The S&P 500 Index (SPX) has gained 15% on the year thus far. You might think a pullback or at least a pause is in order. Well, not according to the seasonality trend. Historically, November through April is the most bullish six-month period of the year for the stock market. The Next Six MonthsTh...Read More