ImmunoGen, Inc. (NASDAQ:IMGN) shares have been on a tear in 2018, advancing more than 75% already this year. What's more, IMGN stock could have room to run, if recent history is any indicator. Meanwhile, fellow biotech Exelixis, Inc. (NASDAQ:EXEL) reports earnings next week, and EXEL stock's recent pullback to a key trendline could mean now is the time to jump on the longer-term uptrend.IMGN Optio...Read More

Even as rival Weight Watchers International, Inc. (NYSE:WTW) has surged on the charts, weight loss specialist NutriSystem Inc. (NASDAQ:NTRI) has failed to gain any momentum. The stock is down 23.5% in 2018, last seen trading at $40.25, but it'll have a chance to turn things around with earnings scheduled for after the close on Monday. Unfortunately for shareholders, poor earnings reactions have pl...Read More

Stocks are once again higher at midday, with tech taking the lead. The Fed remains in focus, as the central bank's semiannual monetary policy report pointed to just three rate hikes in 2018. In addition, ahead of new Fed Chair Jerome Powell's first Congressional testimony next week, New York Fed President William Dudley waxed optimistic on the central bank's drawdown of its balance sheet, and inve...Read More

U.S. stocks are struggling today, with the S&P 500's winning streak in jeopardy. Among individual names, pharmaceutical stock Adamas Pharmaceuticals Inc (NASDAQ:ADMS) is sinking, while drugmaker Voyager Therapeutics Inc (NASDAQ:VYGR) and integrated circuit specialist Analog Devices, Inc. (NASDAQ:ADI) are surging higher. Here's a closer look at what shares of ADMS, VYGR, and ADI are reacting to...Read More

Acacia Communications, Inc. (NASDAQ:ACIA) stock is down 18.5% to trade at $34.09, and just touched a new annual low of $33.68, after the software company posted fourth-quarter revenue that fell short of analyst estimates. The company also gave a weaker-than-expected full-year forecast for 2018. In response, Needham and D.A. Davidson downgraded the stock to "hold" and "neutral," respectively, whil...Read More

Berenberg weighed in on banks today, saying several large-cap financial shares are overvalued. The brokerage firm specifically called out Goldman Sachs Group Inc (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Co (NYSE:WFC) as the best stocks to short, considering "structural headwinds far outweigh" strong first-quarter revenue numbers, and that "downgrades will recommence as the rat...Read More

Shipping stock United Parcel Service, Inc. (NYSE:UPS) was downgraded to "hold" from "buy" at Deutsche Bank this morning, with the brokerage firm citing an unclear relationship with Amazon. This comes just a day after the company announced the launch of its new electric delivery van initiative. In response, the shares of UPS have fallen 0.3%, to $104.81 in early trading.From a broader perspective,...Read More

Fast food stock Wendy's Company (NASDAQ:WEN) will try to extend its upward momentum today after the shares jumped 4.1% yesterday on a well-received quarterly update. WEN is facing off against a round of mixed analyst attention, though. While BMO upped its price target on the stock to $20 from $17 this morning, SunTrust Robinson trimmed its target to $21 from $22. Of course, this latter mark still...Read More

Stock futures are pointed higher to close out the week, as investor anxiety from the Fed minutes dies down. The central bank will remain in focus today, though; several Fed speakers will take the mic, as a warm-up of sorts to new Fed Chair Jerome Powell's big testimony next week. With bond yields retreating again, Dow Jones Industrial Average (DJI) futures are more than 100 points above fair val...Read More

A dip in the 10-year Treasury yield helped bring stock buyers back to the market today, with the Dow spending most of the day deep in triple-digit-gain territory. In addition, breakup chatter from United Technologies (UTX) helped lift the blue-chip index. Traders continued to consider yesterday's Fed meeting minutes, as well as fresh rate-hike commentary from Fed President James Bullard. Elsewhere...Read More

Oil concern Cabot Oil & Gas Corporation (NYSE:COG) is set to report fourth-quarter earnings before the market opens tomorrow. The stock came into the year trading near its Nov. 30 two-year high of $29.57, but has since shed 15.9%, and dropped below the long-term support of its 200-day moving average. Today, COG is 3.5% higherat $24.04 -- amid a positive earnings reaction for Chesapeake Energy (CH...Read More

Shares of Gap Inc (NYSE:GPS) pulled back after hitting a two-year high of $35.66 on Jan. 23, but found a floor near $31 -- home to its rising 80-day moving average. If history is any guide, it could be time to join GPS on its next leg higher, as data shows a retreat to this trendline has had bullish implications for the stock.According to Schaeffer's Senior Quantitative Analyst Rocky White, there...Read More

It's been a volatile month for U.S. stocks so far, with the S&P 500 Index (SPX) enjoying both its worst and best weeks in more than a year -- sending up a rare stock market signal we haven't seen since 2001. Echoing that, after dropping yesterday on concerns about Federal Reserve rate hikes, the major U.S. indexes are back in the black today. Outside of the U.S., though, a handful of foreign excha...Read More

Leisure stock ILG Inc (NASDAQ:ILG) is trading 0.8% higher today at $32.56, putting it just below Tuesday's record high of $32.75. The shares have already added over 14% in 2018 and the company just announced it's raising its quarterly dividend by almost 17%. Looking ahead, ILG is scheduled to report earnings after the close next Wednesday, Feb. 28, and options traders have been scooping up calls a...Read More

Subscribers to our PowerTrend trading service recently tripled their money with Union Pacific Corporation (NYSE:UNP) February 110 calls. We're going to take a look back to see why we were initially bullish on UNP when we recommended the calls in October, and how the options trade unfolded. We entered our bullish UNP position back in late October, when the shares were trading near $115 following an...Read More

U.S. stocks have steadily climbed today, as interest-rate hike concerns begin to die down. Dow component United Technologies Corporation (NYSE:UTX) and biotech stock Sangamo Therapeutics Inc (NASDAQ:SGMO) are higher, whilehealthcare stock Brookdale Senior Living, Inc (NYSE:BKD) is sinking. Here's a closer look at what shares of UTX, SGMO, and BKD are reacting to today.UTX Stock Lifted By CEO...Read More

About two weeks ago on Feb. 6, the Cboe Volatility Index (VIX) broke out above the 50 mark for the first time since August 2015. This volatility explosion coincided with the worst week for the U.S. stock market in years. Since then, the market's "fear gauge" has retreated back to 18.41, though this remains well above its one-year average daily mark of 11.78. But amid this stock volatility, VIX cal...Read More

Stocks are soaring today, attempting to pare a portion of Wednesday's sharp sell-off. An early morning speech from St. Louis Fed President James Bullard is helping to boost investor sentiment, after the central banker attempted to ease rate-hike jitters sparked by yesterday's release of the Fed meeting minutes. Additionally, the 10-year Treasury yield is retreating from four-year-high territory ah...Read More

Clovis Oncology Inc (NASDAQ:CLVS) stock is up 7.4% to trade at $59 this morning, after the company received a positive trend vote from a European Union (EU) committee for its ovarian cancer drug marketing application. In response, RBC upgraded CLVS stock to "outperform" from "sector perform," while cutting its price target to $72 from $80. The analyst in coverage is calling for a positive outcome...Read More

Fiber-optic networking producer Applied Optoelectronics, Inc. (NASDAQ:AAOI) reported a fourth-quarter adjusted earnings beat last night, but revenue fell short of estimates, and the company gave an unimpressive first-quarter forecast. As such, the shares of AAOI have fallen more than 21% to trade at $27.25 -- earlier hitting a new annual low of $26.93 -- and have received no fewer than one downgr...Read More