Shares of retail concern Urban Outfitters, Inc (NASDAQ:URBN) notched an annual high of $38.06 on Tuesday, but have since pulled back to test their rising 40-day moving average ahead of earnings next week. If past is precedent, it could be time to bet on URBN's next leg higher, as previous retreats to this trendline have had bullish implications for the stock.According to Schaeffer's Senior Quant...Read More

Short sellers seem to have made a major mistake by picking on Planet Fitness Inc. (NYSE:PLNT). The stock earlier this week touched a record high of $38.32 after the company once again blew away analysts' estimates in the earnings booth, posting a top- and bottom-line beat, with same-store sales growth increasing year-over-year. And just for good measure, the fitness chain issued a 2018 outlook tha...Read More

The Dow Jones Industrial Average (DJI) has traded in a 300-point range on both sides of breakeven today, but was last seen trading in positive territory -- on track to snap its recent losing streak. Wall Street is reacting to a fresh round of economic data, which includes a modest rise in the personal consumption expenditures (PCE) index -- a key measure of inflation the Fed follows -- while the...Read More

Wall Street is cheering Salesforce.com, Inc.'s (NYSE:CRM) fourth-quarter results this morning, as the stock rallies to record highs. The cloud services provider posted quarterly profit and revenue that topped expectations, and its current-quarter top- and bottom-line forecasts were also better than expected. According to Thomson Reuters, this is the eighth straight quarter the tech company's beat...Read More

Shares of Novavax, Inc. (NASDAQ:NVAX) have jumped 16.1% to trade at $2.51 -- fresh off an annual high of $2.75 -- after the drugmaker reported positive early stage study results for its flu vaccine, NanoFlu, in patients 60 years or older. NVAX stock has now nearly doubled in value on a year-to-date basis, putting the pressure on stubborn analysts to upwardly revise their ratings.In fact, of the ei...Read More

Retail earnings have been in the spotlight this week, with Macy's (M) and Best Buy (BBY) among the companies scoring earnings wins. Today, we will look at Gap Inc (NYSE:GPS) and Nordstrom, Inc. (NYSE:JWN) stocks ahead of the retailers' earnings reports tonight, and how options traders are expecting much bigger-than-usual reactions this quarter. Gap Surrounded By Pre-Earnings SkepticismGap stock t...Read More

FAANG stocks have been making headlines this week, and today, all eyes are on streaming service Netflix, Inc. (NASDAQ:NFLX), which announced a partnership with U.K.-based pay-TV concern, Sky. As part of the deal, Sky -- which is the center of a fierce buyout battle between two media giants --will add NFLX to its subscription bundle for Sky European users. On the charts, NFLX has had a great year...Read More

Walmart Inc (NYSE:WMT) stock is trading lower after the retailer announced it will stop selling firearms and ammunition to persons under the age of 21. This comes just one day after a similar move from Dick's Sporting Goods (DKS), which ended the sale of its assault-style rifles and high-capacity magazines. WMT shares were last seen down 1.1% at $89.03. The equity scored a record high of $109.98...Read More

Futures on the Dow Jones Industrial Average (DJI) are trading below fair value this morning, signaling a third consecutive day of losses. Traders will turn their attention back to Fed Chair Jerome Powell, who will again be testifying before Congress. Ahead of this, Wall Street is weighing a surprising drop in weekly jobless claims, while personal incomes and wages rose in January, and consumer inf...Read More

The stock market experienced another late-day decline, dragging the major indexes into negative territory. The Dow, S&P 500 Index, and Nasdaq got off to strong starts fueled by tech and retail stocks, while investors also reacted to this morning's fourth-quarter GDP update. But a sharp drop in oil prices resulted in major weakness from the energy sector, and the selling pressure only intensified i...Read More

It's been a wild ride for the U.S. stock market, with the Dow and S&P 500 Index (SPX) set to snap its longest monthly win streaks in decades -- and the Cboe Volatility Index (VIX) on track for its best monthly gain since August 2015. Amid this volatile trading environment, the VIX premium moved to a discount for the first time since October 2016 last week, and has since swung to a more extreme rea...Read More

U.S. stocks have traded on both sides of the aisle today, with markets last seen lower as oil prices slump. Not all the day's action is to the downside, though, with Dow stock United Technologies Corporation (NYSE:UTX), global nutrition company Herbalife Ltd. (NYSE:HLF), and Taser parent Axon Enterprise Inc (NASDAQ:AAXN) all trading higher. Here's a closer look at what shares of UTX, HLF, and AAX...Read More

The shares of agricultural concerns CF Industries Holdings, Inc. (NYSE:CF) and Mosaic Co (NYSE:MOS) have been strong the past few months, but if recent history is any indicator, the stocks could be poised to pull back in March. In fact, looking back over the past 10 years, CF and MOS stocks have generated the worst monthly returns of all S&P 500 Index (SPX) stocks, according to data from Schaeffer...Read More

Blue chip Procter & Gamble Co (NYSE:PG) has been getting crushed since the company's disappointing earnings release last month. In fact, PG shares are pacing toward an 8.4% February loss, which would stand as its third-worst monthly performance in the past 10 years, and the biggest since February 2009. The stock was last seen trading down 1.7% at $79.14, breaking below its recent consolidation ato...Read More

The Dow Jones Industrial Average (DJI) was up triple digits at its intraday peak, as stock traders initially celebrated the latest gross domestic product (GDP) estimate and shook off concerns about Fed rate hikes. However, the Dow and S&P 500 Index (SPX) have since turned lower, weighed down by healthcare and energy stocks. At last check, April-dated oil futures were 1.8% lower at $61.86 per barr...Read More

Akamai Technologies, Inc. (NASDAQ:AKAM) has been hot in 2018, thanks mainly to the cloud concern's post-earnings bull gap earlier this month. Analysts were quick to chime in with price-target hikes after the results, too, which helped send AKAM stock soaring back near its Jan. 9 annual high of $69.56. And even though this recent price action just echoes the equity's longer-term uptrend, with AKAM...Read More

Best Buy Co Inc (NYSE:BBY) is scheduled to report fourth-quarter earnings ahead of tomorrow's open. Retail earnings have been coming in hot this week, with shares of Macy's (M) and Etsy (ETSY) gapping higher post-earnings. Although BBY stock has a recent history of negative earnings reactions, there's plenty of skepticism priced into the outperforming retail shares -- and a rare earnings win could...Read More

Frontier Communications Corp (NASDAQ:FTR) stock is down 25.3% to trade at $6.90, after the telecom company suspended its quarterly cash dividend.In response, Jefferies downgraded FTR stock to "hold" from "buy," and took a hatchet to its price target -- cutting it by 68%, to $8 from $25 -- with the analysts stating they "see no near-term catalyst to lift [the] shares." In addition, three other bro...Read More

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) stock has plunged nearly 10% to trade at $16.71, after the Bausch + Lomb parent said revenue fell 10% in the fourth quarter to $2.16 billion -- just below the average analyst estimate. And while the drugmaker's adjusted earnings of 98 cents per share were one penny more than the consensus forecast, VRX gave disappointing full-year revenue guidance.VRX st...Read More

E-commerce powerhouse Amazon.com, Inc. (NASDAQ:AMZN) is adding yet another company to its list of billion-dollar buyouts. Late Tuesday, news broke that AMZN bought Ring, a smart doorbell maker, for upwards of $1 billion. Although Amazon did not disclose the terms of the deal, it's expected to eclipse the $1.2 billion cost of Zappos to become the retailer's second-biggest acquisition after last yea...Read More