U.S. stocks are eyeing a higher open ahead of today's Fed meeting. Among specific stocks in focus today are auto parts retailer AutoZone, Inc. (NYSE: AZO), cloud concern Synchronoss Technologies, Inc. (NASDAQ:SNCR), and credit agency Equifax Inc. (NYSE:EFX). Here's a closer look at what's moving shares of AZO, SNCR, and EFX. AutoZone Bounces After EarningsAutoZone stock is up 1.2% this morning...Read More
After posting its fifth straight record close and its seventh consecutive win, the Dow Jones Industrial Average (DJIA) is pointed higher before the open, as the highly anticipated two-day Federal Reserve monetary-policy meeting kicks offtoday. The central bank isn't expected to lift interest rates until December, but could detail plans to unwind its massive balance sheet. Traders are also diges...Read More
As the major stock indexes assailed record highs, the number of self-identified bears in the weekly American Association of Individual Investors (AAII) survey plummeted by 13.8 percentage points in the week ended Wednesday, Sept. 13 -- the largest one-week drop since July 2010. In fact, it's the first time in over a year that the number of AAII bears fell by 10 percentage points or more, with the...Read More
Map of the final summer drill holes at Waterbury Lake. (Credit: Denison Mines)SASKATCHEWAN - With the final summer drill holes, Toronto-based Denison Mines Corp. says it has extended the high grade Huskie zone at the Waterbury Lake uranium project in the Athabasca Basin. The high grade, basement-hosted mineralization has now been expanded to 100 metres along strike, and it remains open in both dir...Read More
"You never let a serious crisis go to waste. And what I mean by that is it's an opportunity to do things you think you could not do before." Rahm Emanuel, an American politician, was talking about politics when he said this. But he may as well have said it about investing in troubled financial markets.If you're looking to invest when the odds are in your favour then look for a crisis. When asset p...Read More
"You never let a serious crisis go to waste. And what I mean by that is it's an opportunity to do things you think you could not do before." Rahm Emanuel, an American politician, was talking about politics when he said this. But he may as well have said it about investing in troubled financial markets.If you're looking to invest when the odds are in your favour then look for a crisis. When asset p...Read More
I have always been curious about the 10-step korean skincare routine, so I tried it for an entire month to see how it was & if there were any noticeable benefits! I tried a oil cleanser, water-based cleanser, scrub, toner, essence, moisturizer, eye cream, night serum, and SPF every day and night for 31 days to see if they live up to the hype!To clarify, I stopped using the sheet masks after the fi...Read More
Subscribe daddy::)From Peach Pit's debut LP "Being So Normal" released September 15th, 2017 on Kingfisher Bluez. Purchase via itunes https://goo.gl/yREgRD Website: http://peachpitmusic.comMerch + Vinyl http://peachpitmerchshop.bigcartel.comInstagram: https://www.instagram.com/peachpit17/Facebook: https://www.facebook.com/peachpit17/Youtube: https://tinyurl.com/peachpityoutubeSpotify: https://tinyu...Read More
U.S. stocks continued to rise today, with the Dow Jones Industrial Average grabbing a fifth straight record close and its seventh consecutive win overall. The S&P 500 Index (SPX) and Nasdaq Composite (COMP) both hit record highs as well, with the former ending another day atop the 2,500 level. Bank stocks led the charge ahead of the Federal Open Market Committee's (FOMC) September meeting, w...Read More
While earnings season has mostly wrapped up, package delivery giant FedEx Corporation (NYSE:FDX) will report its fiscal first-quarter results tomorrow night. FedEx has a history of making upward moves following its earnings reports. Below, we will take a look at how FedEx stock typically reacts after earnings, and how options traders are preparing for the big event.At last check, FDX stock is up...Read More
Gold prices will be in focus this week, with the Federal Open Market Committee's (FOMC) latest policy decision due on Wednesday afternoon and a press conference from Fed Chair Janet Yellen to follow. Though no rate hike is expected this time around, the VanEck Vectors Gold Miners ETF (GDX) is trading down 1.6% at $23.74 -- paring its year-to-date lead to 13.5% -- as U.S. stocks climb to new record...Read More
U.S. stocks are trading higher this afternoon, with the Dow eyeing its fifth straight record close. Among the names in the spotlight today are tech stock Ubiquiti Networks Inc (NASDAQ:UBNT), semiconductor stock Applied Materials, Inc. (NASDAQ:AMAT), and telehealth company Teladoc Inc (NYSE:TDOC). Here's a quick look at what is moving shares of UBNT, AMAT, and TDOC.Citron Research: Ubiquiti...Read More
The biotech sector has generated some keen interest lately, driven in no small part by the recent FDA approval of the first CAR T-cell therapy for cancer treatment. This development has been the focus of an L.A. Times front-page story, as well as the current "Closing in on cancer" Economist cover.Against this backdrop, the iShares Nasdaq Biotechnology ETF (IBB) wrapped up the month of August by br...Read More
With the Fed's September meeting set to begin tomorrow, the SPDR S&P Bank ETF (KBE) is getting a lift, last seen up 1.6% at $42.57. As such, the shares are trading above two key technical levels located near $42.10. This price point sits near the exchange-traded fund's (ETF) 50-week moving average, as well as a 23.6% Fibonacci Retracement of its 2016 low to its 2017 high. And just below here is...Read More
The shares of credit agency Equifax Inc. (NYSE:EFX) are set for their sixth loss in seven sessions, and have lost nearly 35% so far in September, triggered by news of a massive data breach. Muddy Waters founder and noted short seller Carson Block is now suing Equifax, and U.S. prosecutors have reportedly opened a criminal probe into possible insider trading, after a handful of government bigwigs...Read More
Tobacco stocks were again in focus last week after the Food and Drug Administration (FDA) issued revised guidelines for tobacco manufacturers. Specifically, Altria Group Inc (NYSE:MO) and Philip Morris International Inc. (NYSE:PM) have both been seeing heavy put trading, as many options traders bet on short-term struggles for the shares. Near-Term Put Traders Pounce on MOStarting with Altria,...Read More
Options volume has been notably heavy in recent weeks on Chinese e-commerce stock Alibaba Group Holding Ltd (NYSE:BABA) and Snapchat parent Snap Inc (NYSE:SNAP), with call traders driving the action on both names. Here's a closer look at how options traders have been positioning themselves on BABA and SNAP. The 20 stocks listed in the table below have attracted the highest total options volume d...Read More
The Dow Jones Industrial Average (DJIA) is higher at midday, set to extend its winning streak to seven sessions, and already setting another intraday record. The Dow is on track for its fifth straight record close, fueled by a strong performance from Caterpillar. Bank stocks are also moving higher, as the market prepares for the Federal Open Market Committee (FOMC) two-day meeting, which kicks...Read More
Analysts are weighing in on technology concern Nvidia Corporation (NASDAQ:NVDA), construction equipment manufacturer Caterpillar Inc.(NYSE:CAT), and streaming entertainment company Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of NVDA, CAT, and NFLX. Bank of America Boosts NVDA OutlookBank of America-Merrill Lynch raised its NVDA price target to...Read More
Along with the broader stock market, semiconductors had a record-setting week last week -- with the VanEck Vectors Semiconductor ETF (SMH) carving out new all-time peaks. An analyst-induced surge for NVIDIA Corporation (NASDAQ:NVDA) helped spark the bullish bias, while a nearly 7% surge for Micron Technology, Inc. (NASDAQ:MU) only created more tailwinds for chip stocks. Options traders were quic...Read More