Popular News

How to Trade the Tax Bill

December 18, 2017 / www.schaeffersresearch.com

"The SPX behavior I have observed relates only to the current tightening cycle, which began in December 2015. Simply put, in the four times that the Fed has raised rates -- even if expected to do so -- the next month has been challenging for stock market buyers. On the other hand, after the 12 instances where the Fed held rates steady, it has been a rather lucrative time for stock buyers in the fo...Read More

Dow Secures 4th Straight Weekly Win Amid Tax Optimism

December 15, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) finished over 143 points higher, securing its fifth record close in six sessions, as well as a fourth straight weekly win. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) followed suit, notching their own record highs and weekly wins -- the fourth straight for the former index. The final Republican tax bill, which will likely feature a 21% corp...Read More

The Stock That's Tripled On Blockchain Buzz

December 15, 2017 / www.schaeffersresearch.com

Stocks are trading higher today ahead of the release of the Republican tax plan. Among the names making big moves are financial services provider Longfin Corp (NASDAQ:LFIN), real estate stock Re/Max Holdings Inc (NYSE:RMAX), and shoe manufacturer Crocs, Inc. (NASDAQ:CROX). Here's a quick look at what's moving shares of LFIN, RMAX, and CROX. LFIN Stock Surges On Ziddu PurchaseLongfin stock has jump...Read More

Deckers Outdoor Stock Ideal for a Bullish Options Trade

December 15, 2017 / www.schaeffersresearch.com

Deckers Outdoor Corp (NYSE:DECK) has been chopping its way higher throughout 2017 to trade at $76.19 -- up 37.6% year-to-date, and not far from yesterday's nearly three-year peak of $78.77. Unlike Fitbit (FIT), Stifel thinks the Ugg maker has even more room to run, and boosted its DECK price target to $85 from $80, citing optimism over the company's international exposure. And with plenty of skept...Read More

Fed Rate Hike, Net Neutrality, GOP Tax Bill Highlight Busy Week

December 15, 2017 / www.schaeffersresearch.com

There was no shortage of headlines on Wall Street this week, as a flurry of market-moving events captivated investors. Bitcoin made big noise, with the cryptocurrency's first day of futures trading sparking a brief outage for the CBOE. The Federal Open Market Committee (FOMC), to little surprise, raised interest rates -- and economic growth projections -- following its meeting on Wednesday, and th...Read More

2 Retail Stocks At Risk for Short-Term Losses

December 15, 2017 / www.schaeffersresearch.com

The Fed issued its third rate hike of the year on Wednesday. While that could spell good news for Paypal (PYPL) in the near term, retailers Target Corporation (NYSE:TGT) and L Brands Inc (NYSE:LB) are among the worst stocks to own in the month after the central bank raises rates. Here's a closer look at how sentiment is stacked up on shares of TGT and LB ahead of what could be a difficult stretch....Read More

Stocks Touch All-Time Highs Ahead of Tax Bill

December 15, 2017 / www.schaeffersresearch.com

U.S. stocks are moving higher this afternoon, with the Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC) and S&P 500 Index (SPX) all scoring record highs, and pacing for a weekly win. Currently, just three Dow stocks are in the red, with tech leading the advancing majority. Stocks are in rally mode amid easing concerns over the Republican tax bill, with the final draft expected to be...Read More

Nike, Foot Locker Stocks Score Bullish Analyst Notes

December 15, 2017 / www.schaeffersresearch.com

Athletic wear stocks are back in focus this morning, including sector peers Nike Inc (NYSE:NKE) and Foot Locker, Inc. (NYSE:FL). Sportswear stocks (including Under Armour and Hibbett Sports) have seen a plethora of positive attention from analysts this week, and today NKE and FL are celebrating upbeat brokerage notes. Below, we'll take a look at how NKE and FL stocks are reacting today.Stifel Rai...Read More

CSX Stock Pulls Back to 200-Day After CEO Takes Medical Leave

December 15, 2017 / www.schaeffersresearch.com

Transportation stock CSX Corporation (NASDAQ:CSX) is sliding today, last seen down 7.9% at $52.76, following news the company's CEO Hunter Harrison, who was hired earlier this year, is taking a medical leave. This comes just two days after the shares hit a record high of $58.35, and despite the pullback, they're still up 47% year-to-date. Plus, CSX earlier bottomed right above the 200-day moving a...Read More

Analyst: Time to Sell Fitbit Stock

December 15, 2017 / www.schaeffersresearch.com

Stifel downgraded Fitbit Inc (NYSE:FIT) to "sell" from "hold," with the brokerage firm saying a return to revenue growth next year could be a "high hurdle." Stifel went on to say that FIT's opportunity to develop and capitalize on new products within the digital health sphere has been "underwhelming to date." In reaction, FIT stock is down 5.4% to trade at $6.45 -- pacing for its biggest daily per...Read More

Adobe Stock Call Options Cheap After Earnings Beat?>>?

December 15, 2017 / www.schaeffersresearch.com

Adobe Systems Incorporated (NASDAQ:ADBE) is up 1.1% to trade at $179.67, after the Creative Cloud parent reported fiscal fourth-quarter earnings and revenue that exceeded analyst expectations, and boosted its current-quarter profit forecast. Analysts have taken notice, with no fewer than nine brokerage firms raising their price targets, including BMO to $205 from $187. It's been an excellent year...Read More

Stocks Signal Upside Ahead of Quadruple Witching Friday

December 15, 2017 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJIA) futures are trading more than 100 points above fair value, as stocks try to bounce back from yesterday's risk-off finish. Investors are hoping to see the much-awaited tax bill from congressional Republicans this afternoon, especially after Florida Senator Marco Rubio yesterday said he would vote "no" without a larger expansion of the child tax credit. On the eco...Read More

Dow Snaps Winning Streak, Stocks Lower Amid Tax Bill Worries

December 14, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) finished lower and snapped a five-day winning streak, despite touching a fresh record high earlier in the day. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) followed the Dow lower in afternoon trading, hurt by struggling healthcare stocks andreports the Republican tax bill has encountered last-minute resistance. Specifically, two senators will rep...Read More

Buy the Dip on This Sinking Apple Supplier

December 14, 2017 / www.schaeffersresearch.com

Since touching a record high of $117.65 in early November, the shares of Skyworks Solutions Inc (NASDAQ:SWKS) have dropped 19%. However, in the wake of the recent pullback in Apple suppliers -- exacerbated by bearish analyst attention today -- SWKS stock could be flashing a big "buy." Below, we'll take a look at the technical signal that's preceded pops for the tech stock in recent history.SWKS st...Read More

Overstock Volatility Expectations Surge Amid Bitcoin Blast

December 14, 2017 / www.schaeffersresearch.com

Overstock.com Inc (NASDAQ:OSTK) is ready to go all in on blockchain -- the technology behind bitcoin -- at least according to CEO Patrick Byrne. After the company yesterday announced its blockchain division will create a for-profit venture with Peruvian economist Hernando de Soto, Byrne told CNBCthat it is exploring three options to sell or reorganize the home goods e-commerce business. Here's a c...Read More

2 Signs This Power Stock is Screaming Buy

December 14, 2017 / www.schaeffersresearch.com

The shares of power provider NRG Energy Inc (NYSE:NRG) have pulled back since notching a two-year high of $29.78 about a month ago. However, if history is any indicator, bulls may want to buy the NRG stock dip -- or scoop up short-term calls, which are a relative bargain right now -- with the security sending up two "buy" signals recently.Signal 1: Pullbacks to 40-Day Have Been Buying Opportunitie...Read More

Twitter, Delta Stocks Flirt with Fresh Highs

December 14, 2017 / www.schaeffersresearch.com

The Dow earlier hit another record high, as investors react to a busy day of economic data. Among the names making big moves are social media stock Twitter Inc (NYSE:TWTR), airliner Delta Air Lines, Inc. (NYSE:DAL), and brokerage services provider Siebert Financial Corp. (NASDAQ:SIEB). Here's a quick look at what's moving shares of TWTR, DAL, and SIEB. Call Options Popular as Twitter Stock Hits...Read More

Housing Data, GDP, and Nike Earnings in Focus Before Christmas Holiday

December 14, 2017 / www.schaeffersresearch.com

The action across Wall Street could slow some during the last trading week before Christmas, but there should be enough economic data and important earnings releases to hold investors' attention. Most notably, a number of reports on the housing sector are set for release, as well as the final reading for third-quarter gross domestic product (GDP) on Thursday. On the earnings front, the main highli...Read More

Options Traders Flock to Verizon Stock Ahead Of Net Neutrality Vote

December 14, 2017 / www.schaeffersresearch.com

Telecom and internet stocks are in focus today, with the Federal Communications Commission (FCC) expected to vote to repeal Obama-era net neutrality rules. The landmark ruling could lead to sweeping deregulation of the telecom and cable industry. If the Commission -- comprised of a Republican majority -- votes to walk back the rules today, it would be considered a victory for big telecom compani...Read More

Dow Eyes Sixth Straight Win; Net Neutrality, Disney in Focus

December 14, 2017 / www.schaeffersresearch.com

U.S. stocks are trading higher this afternoon, with the Dow Jones Industrial Average (DJIA) soaring to yet another fresh record high, continuing at full speed toward a fifth straight record close and sixth straight daily win. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are higher as well, with the market still digesting the plethora of economic data released earlier today, as well as yes...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok