It's been a rocky ride, but the Dow Jones Industrial Average (DJIA) and the S&P 500 (SPX) should extend their weekly win streaks to a seventh week, as traders cheer relatively strong third-quarter earnings reports from several big-cap companies -- particularly in the tech sector. Meanwhile, the Nasdaq Composite (IXIC) is pacing for its best session in over a year, and should pull in its fifth c...Read More
Stocks are higher this afternoon, but its the Nasdaq Composite (COMP) that's stolen the show on its way to a new record high. However, not all of the day's action is to the upside, with tech name Super Micro Computer, Inc. (NASDAQ:SMCI), retail stock Macy's Inc (NYSE: M), and biotech Gilead Sciences, Inc. (NASDAQ:GILD) all spiraling. Here's a quick look at what's moving shares of SMCI, M, and GIL...Read More
It's been a rough week for biotech stocks, due to a handful of earnings disappointments and concerns about Amazon's (AMZN) entry into the pharmaceutical sector. As such, the SPDR S&P Biotech ETF (XBI) is pacing for its worst week since late June, while the Health Care Select Sector SPDR Fund (XLV) is set for its worst week in a year. However, if recent history is any indicator, today's biotech wea...Read More
Today, it's all about tech stocks on Wall Street, with a sector-wide rally headlined by Amazon's post-earnings run to record highs. But the e-commerce firm's gain is another sector's pain: pharmacy stocks. This group is crashing today amid fresh buzz Amazon is entering the pharmaceutical industry. For instance, both Walgreens Boots Alliance Inc (NASDAQ:WBA) and Rite Aid Corporation (NYSE:RAD) hit...Read More
The Nasdaq Composite (IXIX) is at record highs today -- on track for its best day of the year -- as Wall Street reacts to strong tech earnings from such heavyweights as Alphabet (GOOGL), Amazon (AMZN), and Microsoft (MSFT). Against this backdrop, the PowerShares QQQ Trust (QQQ) and the Technology Select Sector SPDR Fund (ELK) are carving out new highs, as well, and options traders are blasting the...Read More
The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are trading higher this afternoon, buzzing from upbeat gross domestic product (GDP) data and slew ofbig-name tech earnings, including reports from Microsoft (MSFT), Intel (INTC), Amazon (AMZN), and Alphabet (GOOGL). The tech-rich Nasdaq is up triple digits and exploring fresh record highs, on pace for its be...Read More
Restaurant stocks haven't been the best investment choice over the past year. According to Schaeffer's Senior Quantitative Analyst Rocky White, only 50% of the names in our Restaurant sector are trading above their 80-day moving average, and the group had an average year-over-year gain of just 0.5% at Tuesday's close, vastly underperforming the broader market. However, Buffalo Wild Wings (BWLD) ju...Read More
Boeing Co (NYSE:BA) delivered earnings on Wednesday that topped estimates, but the shares pulled back nonetheless, leaving many investors disappointed the blue-chip aerospace stock did not ascend to record highs. Below, we will examine the fallout of Boeing's earnings report, and how options traders are positioning themselves.Following Wednesday's earnings report, Boeing shares pulled back, but t...Read More
Tech earnings are drawing the attention of analysts today, with a number of brokerages weighing in FAANG stocks Alphabet Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN), as well as Dow component Intel Corporation (NASDAQ:INTC). Here's a quick roundup of today's bullish brokerage notes on shares of GOOGL, AMZN, and INTC.Alphabet Stock Skyrockets to Record High On Earnings BeatAlphabet stock...Read More
U.S. stocks are trading higher this morning after another positive round of earnings reports. Among the stocks making moves this morning are solar energy solutions provider First Solar, Inc. (NASDAQ:FSLR), retailer J C Penney Company Inc (NYSE:JCP), and drugstore chain CVS Health Corp (NYSE:CVS). Here's a closer look at what's moving shares of FSLR, JCP, and CVS.FSLR Earnings Send Short Sellers...Read More
Analysts are weighing in on Chinese internet stock Baidu Inc (NASDAQ:BIDU), Barbie maker Mattel, Inc. (NASDAQ:MAT), and electric car concern Tesla Inc (NASDAQ:TSLA). Here's a quick roundup of today's bearish brokerage notes on BIDU, MAT, and TSLA.Baidu Stock Drops on Disappointing Revenue GuidanceBaidu stock is down 7% to trade at $242.29, after the company gave a lower-than-anticipated revenue f...Read More
Dow Jones Industrial Average (DJIA) futures are higher this morning, as the Dow eyes its seventh straight weekly win and markets react to another round of excellent earnings reports. Most notably, the Nasdaq-100 Index (NDX) is set to outperform, thanks to outstanding results from tech all-stars Intel (INTC), Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL). Elsewhere, stocks are reacting to...Read More
While worries of the recreational market are fixated on distribution and price of dried cannabis, many industry experts fear a shortage of LPs licensed to also produce and sell cannabis oil will leave the market undersupplied.The regulatory system is not structured to solely license companies exclusively focused on oil extraction: "The way the system is set up is that it is a complete seed-to-sal...Read More
Here’s an update on my latest trades for the week ending on October 27, 2017.Bought 3,000 shares of NexGen Energy (NXE) @ $2.10/share Bought 9,000 shares of Erdene Resources (ERDCF) @ $0.5126/share Sold 5,000 shares of Garibaldi Resources (GGI.V) @ C$4.85/share NexGen EnergyUranium is hated right now, which is good for anyone who wants to hunt for deep value discounts… The problem,...Read More
I don't make it a habit to argue with my readers.Unfortunately, sometimes it's unavoidable.This morning was one of those times, and it all started with a simple message sent via Twitter."Musk is such a great guy, just look at the good he's doing; the guy can do no wrong," he told me.At first, I'll admit it was hard to disagree with that sentiment.After all, it was only a few days ago that we learn...Read More
Commandez le livre de Jim Rickards et votre kit de protection ICE-9 ici: https://pro.publications-agora.fr/p/C... La Bourse au Quotidien : http://labourseauquotidien.frSuivre la BAQ sur Twitter : https://twitter.com/AgoraBAQAimer la BAQ sur Facebook : https://business.facebook.com/LaBours...-- NOS PUBLICATIONS GRATUITES --Publications Agora : http://publications-agora.frLa Chronique Agora : http:/...Read More
The power or right to act, speak, or think as one wants without hindrance or restraint... that’s freedom.For many, the word means the ability to do as they see fit. For some, it’s a call to action. And for others, freedom is a dream worthy of giving their lives.Fortunately for a good number of people within the Western world, freedom is something we have come to expect within our dail...Read More
The power or right to act, speak, or think as one wants without hindrance or restraint... that’s freedom.For many, the word means the ability to do as they see fit. For some, it’s a call to action. And for others, freedom is a dream worthy of giving their lives.Fortunately for a good number of people within the Western world, freedom is something we have come to expect within our dail...Read More
Here's a side by side comparison of the real life trial of the infamous OJ Simpson and the recent critically acclaimed TV adaptation "People vs OJ Simpson"Read More
The War of 1812 saw America threatened on every side. Encouraged by the British, Indian tribes attacked settlers in the West, while the Royal Navy terrorized the coasts.By mid-1814, President Madison's generals had lost control of the war in the North, losing battles in Canada. Then British troops set the White House ablaze, and a feeling of hopelessness spread across the country.Read More