Stocks are modestly lower this afternoon, though all three major U.S. benchmarks hit record highs earlier. Among specific names making big moves, data storage specialist Seagate Technology PLC (NASDAQ:STX) and Dow stock Intel Corporation (NASDAQ:INTC) are higher, while materials expert Arconic Inc (NYSE:ARNC) is plummeting after earnings. Here's a quick look at what is moving shares of STX, IN...Read More
Third-quarter earnings season is rolling on. In addition to several high-profile tech earnings that are due this week, New York-based airline name JetBlue Airways Corporation (NASDAQ:JBLU) will take its turn in the earnings confessional tomorrow. Ahead of the event, JBLU stock is down 1.6% at $20.03 -- trading near several key technical levels -- and options traders have been targeting even bigger...Read More
Nvidia isn't the only semiconductor stock on analysts' radar. Just this morning, RBC upped its price target on Texas Instruments Incorporated (NASDAQ:TXN) to $100 from $96, helping the shares earlier hit a 17-year high of $96.74. The equity is now up almost 32% in 2017, and is pacing for a seventh straight positive weekly finish. But while options traders appear bullish ahead of the company's ear...Read More
As just another example of the low stock market volatility of late, the CBOE Market Volatility Index (VIX) -- or Wall Street's "fear gauge" -- is flashing a signal so rare we've seen it just four other times since 1990. Specifically, VIX premium has crested above 200%, according to Schaeffer's Quantitative Analyst Chris Prybal, which was a really bad signal for the VIX in 2016. Below, we'll explai...Read More
Third-quarter earnings reports continue to dominate the headlines this week. Tomorrow, traders will digest results from burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG) after the close.Here's a closer look at CMG stock ahead of earnings, and how options traders have been positioning themselves on the restaurant's shares.Earnings History Isn't On CMG's SideChipotle Mexican Grill stock has...Read More
Options trading has been heavy on the Chicago Board Options Exchange (CBOE), with volume on Friday reaching its highest point since the Presidential Election. Tech powerhouses Microsoft Corporation (NASDAQ:MSFT) andAmazon.com, Inc. (NASDAQ:AMZN) are two companies with notable options volume, and both happen to report earnings later this week. Here's a closer look at how options traders have be...Read More
The wireless industry changes frequently, with several different areas to access growth, as Jeff Kagan writes for equities.com.Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) Push-to-Talk services are integrated with Google Android Operating Systems, which positions them well for acquiring users already familiar with their user interface.Below is an excerpt and a link to the full article, which...Read More
The Dow Jones Industrial Average (DJIA) is trading higher, looking to extend its winning streak to a seventh straight day, and just off a fresh record high. Traders are cheering a snap election victory for Japan Prime Minister Shinzo Abe, as well as increased expectations that President Donald Trump's administration will be pushing forward with tax cuts. However, as tech stocks pull back, the S&P...Read More
Advanced Micro Devices, Inc. (NASDAQ:AMD) is scheduled to report third-quarter earnings after tomorrow's close. AMD stock has a history of making big post-earnings moves, with the shares swinging, on average, 15.6% in the session subsequent to reporting over the past eight quarters. The options market is expecting more of the same this time around, pricing in a 13.9% move for tomorrow's trading, r...Read More
Written by David Brown, Director of Communications at Oraclepoll Research earlier this year surveyed 5000 Canadians about their perception of cannabis. For companies like Quadron Cannatech Corporation (CSE:QCC), this positive research - including the doubling of projections in active cannabis consumers in Canada - positions the company and the industry as a whole to capture this increased consum...Read More
Analysts are weighing in on video streaming service maker Roku Inc (NASDAQ:ROKU), semiconductor stock NVIDIA Corporation (NASDAQ:NVDA), and biotech Aimmune Therapeutics Inc (NASDAQ:AIMT). Here's a quick roundup of today's bullish brokerage notes on shares of ROKU, NVDA, and AIMT.Analysts Begin Coverage on Roku StockRoku stock is trading fractionally lower at $21.80, despite news that Needham ini...Read More
Analysts are weighing in on Dow stock General Electric Company (NYSE:GE), Viaskin maker DBV Technologies SA (NASDAQ:DBVT), and pharma name Valeant Pharmaceuticals Intl Inc (NYSE:VRX). Here's a quick roundup of today's bearish brokerage notes on shares of GE, DBVT, and VRX.General Electric Dividend Concerns Draw DowngradesIn the wake of last Friday's "unacceptable" earnings report, General Electri...Read More
U.S. stocks are pacing for a positive open this morning, as the focus stays on corporate earnings. Among the stocks making moves this morning are toy company Hasbro, Inc. (NASDAQ:HAS), electric vehicle maker Tesla Inc (NASDAQ:TSLA), and biotech stock Global Blood Therapeutics Inc (NASDAQ:GBT). Here's a closer look at what's moving shares of HAS, TSLA, and GBT.Hasbro Earnings Forecast Hurt By Toys...Read More
Dow Jones Industrial Average (DJIA) futures are higher this morning, with the index eyeing a fresh set of record highs. The Dow and S&P 500 Index (SPX) are both looking to extend their daily win streaks to seven. Traders are digesting the latest round of corporate earnings, and global stocks are higher after Japanese Prime Minister Shinzo Abe won a snap election. Traders are also giddy over the i...Read More
"Small-cap stocks, as measured by the Russell 2000 Index (RUT - 1,502.66), drifted slightly lower, as the round 1,500 level would not be left behind too easily... "It has only been several days since SPY 255 and SPX 2,550 have flexed their muscles, but the sideways action in this area has been quite noticeable, and could be aided by the call wall at the SPY 255 strike that I discussed last week. A...Read More
When I first started out with real estate investing in 2012, it was during the depths of the bear market (post subprime financial crisis) when investors were still scared shitless and sitting on the fence (for the most part). Naturally, when people are too afraid to buy and there are tons of: foreclosures, short-sales, REOs, etc. it just makes for a very favorable buyer’s market where you ca...Read More
If you remember the 1990s, you likely remember music from Tupac and No Doubt, flying dunks by Michael Jordan, and Bill Clinton's sexcapades.You'll also remember how an incredible piece of technology ruined live events from concerts to little league football games. That's right; before phones and iPads, this little piece of work meant that yuppie idiots would elbow their way to the front, blockin...Read More
Harvey says the cartel regrouped on Monday to conduct another raid, but it ended in failure. Here are two likely reasons why they failed...by Harvey Organ of Harvey Organ BlogOCT 23/GOLD AND SILVER REBOUND ON EITHER TRUMP'S CLOSE TO PICKING A FED NOMINEE OR MOST LIKELY REACTING TO IMMINENT THREAT COMING FROM NORTH KOREA/TROUBLE IN SPAIN AS ARTICLE 155 IS INVOKED AND THE CATALANS RESPOND TO CREATE...Read More
Solar Panel use is growing around the world, and that means a lot of silver is needed for all the renewed ambition. Here's what it means for silver...Fresh off the presses is the Renewables 2017 Global Status Report we can see that global solar panel use is going parabolic:Solar PV was the world's leading source of net additions to power generating capacity in 2016, with the equivalent of more tha...Read More
The Interview took place at Korelin Economics Report, October 2017:http://www.kereport.com/guest/jayant-... Metals equity analyst Jayant Bhandari joins me today to discuss his recent trip to Japan. We discuss the mining environment in Japan and an exploration company he was visiting. We also look at the better economic numbers out of China. These combined with the continued growth Jayant is expect...Read More