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The Drug Stock Downgraded on Amazon Risk

November 20, 2017 / www.schaeffersresearch.com

Analysts are weighing in on Dow stock Wal-Mart Stores Inc (NYSE:WMT), beverage maker Monster Beverage Corporation (NASDAQ:MNST), and healthcare name Cardinal Health Inc (NYSE:CAH). Here's a quick roundup of today's bearish brokerage notes on shares of WMT, MNST, and CAH.Overbought Wal-Mart Stock Gets Downgraded at Goldman SachsOne day after hitting a record high following the retailer's blowout e...Read More

Stock Futures Sluggish Ahead of Thanksgiving Week

November 20, 2017 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJIA) futures are cautiously higher to start the historically quiet Thanksgiving week, after the index suffered its first back-to-back weekly losses since August. Both S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also slightly higher. Stock traders are eyeing political uncertainty both at home and abroad, between Congress' ability to pass a GOP tax p...Read More

The VIX Friday Close is a Red Flag for Stocks

November 20, 2017 / www.schaeffersresearch.com

"The S&P 500 Index (SPX - 2,553.17), while grinding out new highs, appears to have hit a wall at the 2,550 half-century mark. This follows the rally that began in late September after two weeks of similar sideways action in the vicinity of the 2,500 century mark. Long-time readers of this weekly commentary know to pay attention to half-century marks on the SPX, as they have historically acted as m...Read More

D.C. Drama Sends Stocks Lower

November 17, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) fell triple digits, with traders spooked on reports special counsel Robert Mueller last month issuedsubpoenas to President Donald Trump's campaign staffers as part of a larger investigation into Russian collusion in the 2016 U.S. election. Uncertainty over Congress' ability to pass a GOP tax plan only stoked the bearish flames, with the S&P 500 Index (SPX) a...Read More

GE's Collapse and Oil's Slide Drag Dow to Another Weekly Decline

November 17, 2017 / www.schaeffersresearch.com

It was an up-and-down week for U.S. stocks, but as of this writing the Nasdaq Composite (IXIC) is well on its way for a weekly win, with the S&P 500 Index (SPX) flirting with breakeven and the Dow Jones Industrial Average (DJIA) destined for a second straight weekly loss. The Dow can direct part of the blame for its weakness on oil prices, which fell sharply mid-week due to a concerning outlook fo...Read More

The Bank Stock Flashing 'Buy'

November 17, 2017 / www.schaeffersresearch.com

Financial stocks have taken a breather lately, amid concerns about tax reform and the surprise departure of Consumer Financial Protection Bureau (CFPB) Director Richard Cordray. However, one bank stock could be a bargain at current levels, if past is prologue: Citigroup Inc (NYSE:C). Below, we'll explain why C stock could be flashing "buy" right now.Since notching a post-financial-crisis high of $...Read More

GLD Options Traders Brace for a Post-Fed Pullback

November 17, 2017 / www.schaeffersresearch.com

Gold prices jumped this week as the U.S. dollar weakened. This positive price action helped boost the SPDR Gold Shares (GLD), which was last seen trading up 1.2% at $122.90 -- on track for its second straight weekly win, a feat not accomplished since early September. Nevertheless, one GLD options trader is bracing for steep losses for the malleable metal in the near term, possibly bracing for a sh...Read More

2 Red-Hot Retail Stocks Hitting 2017 Highs

November 17, 2017 / www.schaeffersresearch.com

U.S. stocks are trading mixed this afternoon,amid concerns about Republican tax reform plans. Among the stocks making big movesare clothing retailers Abercrombie & Fitch Co. (NYSE:ANF) and Gap Inc (NYSE:GPS), and Greek shipping concern Diana Containerships Inc (NASDAQ:DCIX). Here's a quick look at what's moving shares of ANF, GPS, and DCIX.ANF Leads NYSE After Earnings, Solid Hollister SalesAberc...Read More

Options Trader Turns Defensive as Retail Stocks Surge

November 17, 2017 / www.schaeffersresearch.com

It's a big day for retail stocks, with positive earnings reactions for Gap Inc (NYSE:GPS) and Foot Locker, Inc. (NYSE:FL) -- and an impressive public trading debut for Stitch Fix Inc (NASDAQ:SFIX) -- helping to drive the upside action.Most recently, the SPDR S&P Retail ETF (XRT) was up 2.7% to trade at $41.69, but one options trader is taking a defensive stance on the retail sector ahead of the up...Read More

Dow Takes Another Dive, Eyes Second Straight Weekly Loss

November 17, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) is flirting with a second straight weekly loss, with the blue-chip index sharply lower at midday. The Dow hasn't been lower for two consecutive weeks since mid-August, but hasn't suffered a three-week decline at all in 2017. While also lower, the losses have been less severe for the Nasdaq Composite (IXIC) and S&P 500 Index (SPX), as both are still pacing fo...Read More

J.B. Hunt Stock Dips Despite Tesla Semi Deal

November 17, 2017 / www.schaeffersresearch.com

Tesla (TSLA) made headlines last night, as Elon Musk spearheaded the dramatic unveiling of its electric semi truck. J.B. Hunt Transport Services Inc (NASDAQ:JBHT) was impressed enough to quickly reserve multiple semitractor-trailers from the electric car name. Below, we will check in with J.B. Hunt, and examine how the truck stock could fare in the wake of this big development.J.B. Hunt stock has...Read More

Urban Outfitters Stock Puts the Squeeze on Shorts Ahead of Earnings

November 17, 2017 / www.schaeffersresearch.com

Retail earnings have been heating up, and the sector will continue to be in focus after the Thanksgiving holiday, too, as traders eye Black Friday and Cyber Monday sales numbers. Ahead of these annual events, Urban Outfitters, Inc. (NASDAQ:URBN) will take its turn in the earnings confessional after Monday's close. Here's a closer look at how the retail stock has been performing on the charts, and...Read More

Tesla Stock Pops on Semi Truck Reveal; Sports Retailers Break Out on Earnings

November 17, 2017 / www.schaeffersresearch.com

U.S. stocks are trading mixed this morning, with traders digesting the latest news on the Republican tax reform bill. Among the stocks making moves today are sports retailers Foot Locker, Inc. (NYSE:FL) and Hibbett Sports, Inc. (NASDAQ:HIBB), and electric car company Tesla Inc (NASDAQ:TSLA). Here's a closer look at what's moving shares of FL, HIBB, and TSLA.Foot Locker Rallies on Third-Quarter...Read More

The Drug Stock Bearish Analysts Can't Get Enough Of

November 17, 2017 / www.schaeffersresearch.com

Analysts are weighing in on retail stocks Williams-Sonoma, Inc. (NYSE:WSM) and Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH), as well as drugmaker Teva Pharmaceutical Industries Ltd (NYSE:TEVA). Here's a quick roundup of today's bearish brokerage notes on shares of WSM, SPWH, and TEVA.Williams-Sonoma Stock Downgraded After EarningsWilliams-Sonoma stock is down 13.3% at $45.83, after the Potter...Read More

SPLK, AMAT Stocks Rally After Earnings; Shoe Carnival Stock Burns Shorts

November 17, 2017 / www.schaeffersresearch.com

Analysts are weighing in on software stock Splunk Inc (NASDAQ:SPLK), footwear retailer Shoe Carnival, Inc. (NASDAQ:SCVL), and semiconductor equipment specialist Applied Materials, Inc. (NASDAQ:AMAT). Here's a quick roundup of today's bullish brokerage notes on shares of SPLK, SCVL, and AMAT. Splunk Stock Hits Fresh High After Beat-and-RaiseSplunk stock is up 14% this morning at $79, touching a...Read More

Dow Futures Lower, Weekly Gains In Jeopardy

November 17, 2017 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJIA) futures are pointed lower this morning, as the blue-chip index attempts to eke out a weekly win. Nasdaq-100 Index (NDX) futures, however, are pointing higher this morning, as the index basks in the glow of its record close yesterday. Along with Tesla's (TSLA) semi truck buzz and a handful of well-received retailer earnings, Washington, D.C., will remain in fo...Read More

Nasdaq Nabs Record Close After House Tax Vote

November 16, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) headed higher out of the gate on positive earnings reactions for Cisco Systems (CSCO) and Wal-Mart (WMT). The surge in consumer discretionary and tech stocks helped lift the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), too, while the bullish flames were only further stoked after the House passed its version of a business-friendly GOP tax plan. By the tim...Read More

PayPal Rallies on Guidance; Plus, the Drug Stock Getting Destroyed

November 16, 2017 / www.schaeffersresearch.com

U.S. stocks are exploding higher, after news hit that the Republican tax reform bill passed the House. Among the stocks making big movesare specialized pharmaceutical manufacturer Diplomat Pharmacy Inc (NYSE:DPLO), online payment issue PayPal Holdings Inc (NASDAQ:PYPL), and global media concern Viacom, Inc. (NASDAQ:VIAB). Here's a quick look at what's moving shares of DPLO, PYPL, and VIAB.DPLO Am...Read More

2 Chip Stocks To Buy During Thanksgiving Week

November 16, 2017 / www.schaeffersresearch.com

Semiconductor stock Broadcom Ltd (NASDAQ:AVGO) has been all over headlines lately, forits efforts at an unsolicited buyout bid for Qualcomm (QCOM). Micron Technology, Inc. (NASDAQ:MU), on the other hand, is a red-hot chip stock that has been slightly more under the radar. Both stocks found themselves on our list of best stocks to own during Thanksgiving week. Below, we will take a look at AVG...Read More

The Stock for Near-Term Oil Bears

November 16, 2017 / www.schaeffersresearch.com

It's been a tough week for oil prices, which appear to be on track to snap their five-week winning streak as supply and demand woes resurface. And while crude futures are stabilizing today, the damage has already been done to energy stocks. Devon Energy Corp (NYSE:DVN), for instance, is on track to log its first weekly loss since Oct. 20. If past is precedent, DVN could be headed even lower next w...Read More

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