The Dow Jones Industrial Average (DJI) is up triple digits at midday, with an analyst-induced jump for Boeing (BA) helping to overshadow a post-earnings dip for Goldman Sachs (GS) and a downgrade for Apple stock. Tech is outperforming again -- with Intel (INTC) the best Dow stock so far -- and is a big reason the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also sporting big gains, with th...Read More

U.S. stocks have been on fire in 2018 so far, with the Dow rallying more than 1,000 points in under 10 sessions, and the Nasdaq and S&P 500 Index (SPX) carving out record highs of their own. However, the stock market rally may have gotten ahead of itself, if a recent overbought indicator is any tell. Last week, 208 of the 500 SPX stocks notched new 52-week highs, according to Schaeffer's Quantitat...Read More

Discount retailers Dollar Tree, Inc. (NASDAQ:DLTR) and Dollar General Corp. (NYSE:DG) earned some analyst love today, after Oppenheimer initiated coverage with "outperform" ratings. The brokerage attributed the bullish notes to attractive growth prospects for the retailers over the long term, initiating price targets of $130 and $112, respectively, for DLTR and DG stocks -- in uncharted territory....Read More

Apple Inc. (NASDAQ:AAPL) has put in a strong technical performance over the long term, with the stock boasting a 46.8% year-over-year lead -- and fresh off yesterday's record high of $179.39. And while the bulk of the 29 analysts covering shares maintain a "buy" or better rating, Longbow Research issued a rare Apple downgrade this morning.Specifically, the brokerage firm cut its rating on AAPL sto...Read More

Drug stock Celgene Corporation (NASDAQ:CELG) is trading 1.6% lower at $103.13, after the Wall Street Journal reported the company is in talks to buy Juno Therapeutics (JUNO) (subscription required). According to the Journal, CELG -- who is already the largest shareholder of JUNO stock -- could produce a deal in the coming weeks. This comes after Celgene last weeksaid it would buy Impact Biomedici...Read More

Shares of oncology biotech Halozyme Therapeutics, Inc. (NASDAQ:HALO) are trading 12.2% lower before the open, after Deutsche Bank analyst Andrew Peters cut his price target by $2 to $19. Peters labeled the company's experimental enzyme for hyaluronic acid (HA) as "disappointing" and said the development of the treatment brings on additional risk. On the other hand, Peters noted Halozyme's Enhanze...Read More

One day after the Dow Jones Industrial Average (DJI) took a brief trek north of 26,000 for the first time ever, futures on the blue-chip index are signaling a triple-digit jump out of the gate. Financial earnings continue to be in focus, with Goldman Sachs (GS) stock lower in pre-market trading after the big bank posted its first quarterly loss in six years, though profit beat on an adjusted basis...Read More

Stocks have shot higher to begin 2018. The S&P 500 Index (SPX) is up nearly 4% in the first 10 trading days of the year, giving it its best start since 2003. This is a good sign based on the popular January Barometer, which asserts that no matter how January fares, the rest of the year will follow. Below, I run the numbers for the January Barometer and break them down to relate to the current trad...Read More

U.S. stocks were off to the races this morning, with the Dow topping 26,000 for the first time ever. However, the index's triple-digit gain briefly turned into a triple-digit deficit in afternoon trading, with the DJIultimately finishing just below breakeven. Concerns about a General Electric (GE) breakup and a government shutdown weighed on blue chips, overshadowing a strong day for healthcare st...Read More

A strong start to earnings season helped the Dow topple 26,000 for the first time ever earlier and the S&P 500 Index (SPX) taking its inaugural trek north of 2,800, though stock markets have erased these gains amid fears of a possible government shutdown. While Chinese energy firm Recon Technology, Ltd. (NASDAQ:RCON) and casino name Wynn Resorts, Limited (NASDAQ:WYNN) are holding higher at last ch...Read More

Not since October 2016 has Goldman Sachs Group Inc (NYSE:GS) finished positive in the session after earnings. Following the last four earnings releases, the shares have one-day losses of 2.6%, 2.6%, 4.7%, and 0.6%. Despite this, options traders have been buying calls ahead of the bank's fourth-quarter earnings unveil tomorrow morning. Data from the International Securities Exchange (ISE), Chicago...Read More

The Dow Jones Industrial Average (DJI) burst through the 26,000 level for the first time ever earlier to trade at fresh record highs -- and if the index closes above this mark tonight, it will be the fastest jump between 1,000-point milestones in history. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) have hit record highs, as well, thanks to a strong start to fourth-quarter earnings season a...Read More

U.S. stocks have been crushing it in 2018, with the major market indexes assailing new heights at a crazy clip, sending stock market inflows and Wall Street optimism skyrocketing. In fact, the Dow Jones Industrial Average (DJI) has already added more than 1,000 points in the first 10 trading sessions of the year, and is pacing for its biggest monthly percentage gain since November 2016. But can th...Read More

Chip stocks are trading higher with the broader stock market today, boosted by a fresh round of bullish brokerage notes for Nvidia (NVDA). Among those rallying with its sector peers is Advanced Micro Devices, Inc. (NASDAQ:AMD), last seen trading up 0.7% at $12.10. However, the shares remain stuck below two key technical levels, and if history is any guide, AMD stock could underperform this year. S...Read More

U.S. stocks have been on a tear in January, with the tech-rich Nasdaq touching yet another all-time high out of the gate today. What's more, we just identified three high-flying tech stocks with options at a bargain: Cognizant Technology Solutions Corp (NASDAQ:CTSH), Seagate Technology PLC (NASDAQ:STX), and Cypress Semiconductor Corporation (NASDAQ:CY). Below, we take a look at how CTSH, STX, and...Read More

Bank earnings are back in focus this week, and financial institution Bank of America Corp (NYSE:BAC) is expected to report its fourth-quarter earnings before the market open tomorrow,Jan. 17. Below, we take a look at how BAC stock has been faring ahead of its highly anticipated report, and how options traders expect the bank shares to react.Bank of America stock has had a decent year, picking up...Read More

Graphic chipmaker Nvidia Corporation (NASDAQ:NVDA) has had an impressive year, racing higher since bottoming out at $95.17 last March. In fact, the stock has managed to pick up more than 118% in the past 12 months, thanks to steady support from its 50-day moving average. The tech stock is surging higher again today, with the shares up 1.5% at $226.32 in early trading -- fresh off a new record high...Read More

The U.S. stock market is continuing its run into uncharted territory today -- with the Dow toppling 26,000 for the first time ever -- following a round of positive earnings reactions. However, it's not only earnings that are lifting stocks today, with e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) and streaming name Netflix, Inc. (NASDAQ:NFLX) popping on upbeat analyst attention. Here's a close l...Read More

Analysts at Deutsche Bank are calling for higher steel and metal prices over the next year or two, with 2018 in particular likely benefiting from strong demand. The brokerage firm also cited the Trump administration's $1 trillion infrastructure proposal and a potential drop in steel imports as two other bullish drivers. Two names that could benefit, according to Deutsche, are United States Steel C...Read More

Futures on the Dow Jones Industrial Average (DJI) are well above fair value, putting the blue-chip index within reach of the 26,000 level-- just seven trading days after it toppled 25,000. Boosting the Dow is a positive earnings reaction for UnitedHealth (UNH) -- which is helping to overshadow a pre-market slump for General Electric (GE), with the stock down 3% on news the company will take a $6.2...Read More