U.S. stocks are trading lower this morning amid fresh concerns over the Senate's proposed plan to delay corporate tax cuts until 2019. Among the stocks making moves today are entertainment powerhouse Walt Disney Company (NYSE:DIS), car rental company Hertz Global Holdings, Inc (NYSE:HTZ), and global e-commerce concern Alibaba Group Holding Ltd (NYSE:BABA). Here's a closer look at what's moving s...Read More
Analysts are weighing in on shoe retailers Finish Line Inc (NASDAQ:FINL) and Foot Locker, Inc. (NYSE:FL), as well as department store Nordstrom, Inc. (NYSE:JWN). Here's a quick roundup of today's bearish brokerage notes on FINL, FL, and JWN stocks.Cowen Downgrades FINL Stock on 'Skyrocketing' PromotionsFinish Line stock is down 12.3% to trade at $8.77, after Cowen downgraded the stock to "under...Read More
Analysts are weighing in on semiconductor stock Nvidia Corporation (NASDAQ:NVDA), alternative energy company Canadian Solar Inc. (NASDAQ:CSIQ), and immunotherapy concern Dynavax Technologies Corporation (NASDAQ:DVAX). Here's a quick roundup of today's bullish brokerage notes on shares of NVDA, CSIQ, and DVAX. Another Earnings Beat Could Mean Record Highs for NVDA StockNvidia stock is on pace to...Read More
Dow Jones Industrial Average (DJIA) futures are slumping again this morning, after the index snapped its seven-day win streakyesterday. Concerns over the Senate's proposed plan to delay corporate tax cuts until 2019 -- different from the bill making its way through the House -- is spooking both S&P 500 Index (SPX)and Nasdaq-100 Index (NDX) futures as well, setting all three indexes up for weekly...Read More
The marriage between Saudi Arabia and the United States occurred decades ago, when two old men met on Valentines Day in 1945.Sitting in their respective wheelchairs, Franklin Delano Roosevelt and King Ibn Saud sat down aboard the USS Quincy and formed a friendship between the two countries that has shaped our lives more than most people will ever truly realize.Whether or not they officially broach...Read More
SD Friday Wrap: There's also a bad omen in gold. Here's why...First of all, from an Iraq War Veteran to fellow Veterans out there - Thank you for your service.I bring up up military service to make a point about bad omens:You know them when you see them.Anybody who ever rolled into an Iraqi town and saw the civilians disappear and the streets turn empty knows what that bad omen means:Somebody is a...Read More
Since 2014, the situation with the miners has become desperate, but this lower production means only one thing for the silver price. Here's the details...Keith Neumeyer interviewed by Craig Hemke on The Weekly Wrap UpKeith and Craig discuss the latest fundamental news on the silver market in this week's show.Keith says that as CEO of First Majestic, he sees first hand that the silver miners are pr...Read More
In this Wall Street View, our host caught up with Brent Cook, Editor/Geologist of Exploration Insights at the New Orleans Investment Conference 2017.For more information about Brent Cook and Exploration Insights: https://www.explorationinsights.com/Subscribe NOW to Stock News Now: http://bit.ly/1Q5YfymNew videos are added almost every day to the Stock News Now channel sharing fascinating stories a...Read More
Louis C.K. releases a statement admitting guilt and apologizing following accusations from multiple women of sexual misconduct. NBC's Katy Tur has the story. >> Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbcAbout: MSNBC is the premier destination for in-depth analysis of daily headlines, insightful political commentary and informed perspectives. Reaching more than 95 million households w...Read More
The problem with government is it elevates people to positions of power over their fellow citizens. And all too often, these people take advantage of their status.You Get The Prosecutors You Pay ForWhen you’re in power, the rules don’t really apply to you. I mean, sure, officially you still have to follow the law. But what happens when a politician is in a position to change the rules?...Read More
The problem with government is it elevates people to positions of power over their fellow citizens. And all too often, these people take advantage of their status.You Get The Prosecutors You Pay ForWhen you’re in power, the rules don’t really apply to you. I mean, sure, officially you still have to follow the law. But what happens when a politician is in a position to change the rules?...Read More
It was a gloomy day on Wall Street today, with the Dow Jones Industrial Average (DJIA) down more than 250 points at its session low. The S&P 500 Index (SPX), and Nasdaq Composite (IXIC) also spent the day in the red, amid disappointing retail earnings, a struggling tech sector, and concerns about GOP tax reform. Specifically, stocks reacted to reports that Senate Republicans' tax plan -- expected...Read More
Stocks are trading lower this afternoon, amid rising concerns that Senate Republicans' tax plan could delay corporate tax cuts to 2019. Among the stocks making big movesare online discount retailer Overstock.com, Inc. (NASDAQ:OSTK), biotech company Marinus Pharmaceuticals Inc (NASDAQ:MRNS), and tech concern Infinera Corp. (NASDAQ:INFN). Here's a quick look at what's moving shares of OSTK, MRNS,...Read More
Semiconductor stocks have dominated headlines lately, thanks to Broadcom's (AVGO) unsolicited buyout bid for Qualcomm (QCOM) and news Intel (INTC) has acquired a former Advanced Micro Devices (AMD) exec. The sector will remain in focus following Nvidia's (NVDA) earnings report -- due after tonight's close -- and one chip stock that should not be ignored is Micron Technology, Inc. (NASDAQ:MU). Belo...Read More
The stock market's lack of volatility in 2017 has made headlines lately, with the S&P 500 Index (SPX) enjoying a slow, steady grind to record highs. In fact, the last time the SPX dropped 3% or more was June 24, 2016, during the Brexit panic. Against this backdrop, we decided to break down a four-legged options strategy that allows you to capitalize on a period of muted, low-volatility price acti...Read More
Tech stocks have had a blowout year, as evidenced by the price action in the PowerShares QQQ Trust (QQQ). Heading into today's trading, the shares were up 30.4%, and topped out at a record high of $154.54 yesterday. Today, the overbought fund -- whose 14-day Relative Strength Index (RSI) closed last night at 76 -- is down 1.2% at $152.57 as the broader stock market sells off on concerns over Senat...Read More
Wall Street will be busy in the last full week before the Thanksgiving holiday. In the lead-up to November options expiration on Friday, a number of Fed officials are slated to speak throughout the week, while several high-profile economic reports -- including retail sales and the consumer price index (CPI) -- are due. Additionally, several Dow components will take their late-season turn on the ea...Read More
Retailers are in the spotlight this week, with stocks like Kohl's (KSS) and Fossil (FOSL) taking a hit after earnings. Friday morning, traders will digest quarterly results from sector peer JC Penney Company Inc (NYSE:JCP). Here's a closer look at what traders are expecting from the retail shares ahead of earnings.Earnings History Isn't on J C Penney's SideJ C Penney stock has tanked this year...Read More
Stocks are struggling today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all well below breakeven. Stock traders' risk-off attitude comes as worries surrounding the Republican tax plan persist ahead of the release of a revised version from the Senate. Investors are digesting the latest round of earnings, too, including a weak report from retailer...Read More
Retail stocks have been in focus, with Kohl's (KSS) trading lower today following a disappointing earnings report. While Best Buy Co Inc (NYSE:BBY) won't step into the earnings confessional for another week, the electronics retailer recently ran into a trendline that has had bullish implications in the past. If history repeats itself, shares of BBY could break outin the coming weeks, just in tim...Read More