That time Stan Lee bestowed upon me the power to say "Excelsior"Read More

The Dow Jones Industrial Average (DJIA) finished modestly higher today, avoiding a three-day losing streak in a relatively muted session. Meanwhile, both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC)finished just above breakeven, held in check by pullbacks from energy stocks and retailers. Elsewhere,gold and copper futures extended their recent hot streaks.Continue reading for more on today...Read More

Russian billionaire Viktor Vekselberg's Renova Group has sold its stake in Russian gold producer Petropavlovsk, Renova spokesman Andrey Shtorkh told Reuters on Wednesday."The deal is closed, we are not disclosing the details," Shtorkh said. He declined to disclose the price of the deal and the buyer of the stake.Petropavlovsk declined to comment. The Interfax news agency reported that the 22 per c...Read More

U.S. stocks are about to wrap up their best quarter in four years, and the Dow is set for its longest quarterly win streak in 20 years. Looking ahead to the first quarter of 2018, which kicks off on Tuesday, a pair of airline stocks could rally, if history is any guide. In fact, Alaska Air Group, Inc. (NYSE:ALK) stock has handily outperformed in the first three months of the year, and has been the...Read More

It's been a sluggish day on Wall Street, with the Dow last seen slightly above breakeven. A few stocks to watch today are Callaway Golf Co (NYSE:ELY), Horizon Pharma PLC (NASDAQ:HZNP), and XPO Logistics Inc (NYSE:XPO). Shares of golf enthusiast ELY are trading lower, while HZNP andXPO are heading the opposite direction. Analyst Downgrade Sinks ELY StockCompass Point this morning downgraded Callaw...Read More

It's no secret that 2017 has been a banner year for stocks. While the major market benchmarks have cooled off amid light holiday-week volume and a recent dip for Apple (AAPL) stock, they're still set to put a big, bullish bow on 2017 this Friday. In fact, the Dow Jones Industrial Average (DJIA) is still just one record close from making history, and both the Dow and S&P 500 Index (SPX) are pacing...Read More

Yesterday, chip stock Broadcom (NASDAQ:AVGO) was down 3.4% at its intraday low, as a warning on iPhone X shipments pressured stocks of Apple (AAPL)-adjacent companies. While AVGO has lost more than 6% this month,it may be time to buy the dip on the semiconductor name. Based on historical price data, the chip stock tends to outperform during the first month of the year.The 25 S&P 500 Index (SPX) s...Read More

For the second year in a row, people -and commodity analysts such as those at TD Securities and the Bank of Montreal- are being bullish on silver. This is according to a survey conducted by precious metals retailer Kitco among the readers of its website. Some 151 people, or 39% of the sample of 386 participants, chose silver as 2018's most likely outperformer,with gold taking the second place with...Read More

Stocks are modestly higher at midday, as the major equity benchmarks attempt to dodge a third consecutive session of losses. Post-holiday trading volume remains light, with little in the way of economic news to steer the market -- though investors are largely brushing off a steeper-than-forecast drop in the Conference Board's consumer confidence index, which cooled this month after hitting a 16-ye...Read More

The numbers: Pending-home sales ticked up 0.2% in November, the National Association of Realtors said Wednesday. What happened: NAR's index of pending home sales tracks real-estate transactions in which a contract has been signed, but the deal hasn't closed. November's increase missed the consensus forecast of a 0.5% monthly gain from economists surveyed by Econoday. The index reading was 109.5...Read More

A number of retail stocks have found new life toward the end of 2017, including Lululemon Athletica Inc. (NASDAQ:LULU). The shares enjoyed their highest close in over a year yesterday, thanks to their strong push up the charts in the second half of the year. By the numbers, LULU stock has surged 67.5% since the end of May, with a solid chunk of these gains coming after an impressive earnings relea...Read More

Wireless technology stock Energous Corp (NASDAQ:WATT) received some good news this morning, after the Federal Communications Commission (FCC) granted certification for the company's WattUp Mid Field wireless charging transmitter. This marks the first FCC certification for power-at-a-distance wireless charging, per a company press release.The FCC milestone has sent WATT up an astounding 83.1% to t...Read More

Oppenheimer analyst Hartaj Singh weighed in bullishly today on Sarepta Therapeutics Inc (NASDAQ:SRPT), calling the biopharmaceutical stock "a key SMID-cap pick in our coverage universe." In a note to clients, Singh said, "We do not see any meaningful competition to SRPT's [Duchenne muscular dystrophy] franchise for another 3-5 years," and reiterated both his "outperform" rating and a $76 price tar...Read More

Footwear stock Deckers Outdoor Corp (NYSE:DECK) has vaulted to a gain of 43% year-to-date, roughly doubling the percentage gain of the S&P 500 Index (SPX) over this same time frame. That stock recently muscled above the $78 level, which had previously marked DECK's highs since a big bear gap in early 2015. With this technical hurdle in the rearview, the next major zone of resistance for DECK is as...Read More

The shares of Tesla Inc (NASDAQ:TSLA) retreated yesterday, even after CEO Elon Musk teased plans for an electric pickup truck, which he promised to make "right after the Model Y." However, analysts at KeyBanc are more concerned about Tesla's Model 3, and today lowered their fourth-quarter delivery estimates for the vehicle to 5,000 from 15,000. Below, we'll take a closer look at TSLA stock and tod...Read More

Dow Jones Industrial Average (DJIA) futures are trading modestly above fair value this morning. Stocks will try to bounce back from yesterday's bearish session, where a pullback from Apple (AAPL) stock pressured the tech sector. Traders will also have some economic data to sift through today, namely stats on consumer confidence and pending home sales. Plus, blockchain stocks could remain in focus,...Read More

Copper in London surged to the highest in almost four years after China ordered its top producer to halt output to combat winter pollution, fueling a rally this year driven by optimism about demand and supply disruptions at mines.Jiangxi Copper Co. was told to cut production for at least a week before a new assessment is made on local pollution levels. Earlier in the month, the No. 2 smelter, Tong...Read More

With only a few days left of 2017, I decided to compare some key stats from this year to other years. Also, I looked back historically to find the years most like 2017, and see how stocks performed after these extremely low-volatility grinds higher. 2017 Key Statistics: Positive Days and Low VolatilityBelow is a table looking at some key stats for each year since 2000. With a few days left in the...Read More

What does desperation look like? This:The weird thing about trees is that someday, like all of us, they die.This tree was on its way out. In fact, the tree was removed in order to protect anyone standing under it from danger. Who usually stands under it? The press. Melania was trying to protect the same press that now attempts to skewer her over landscaping.(Of course, if the tree broke and killed...Read More

Michael Pento, President and founder of Pento Portfolio Strategies, explains how the collapse of the bond markets will wreck havoc on the global financial markets.Read More