The Dow Jones Industrial Average (DJIA) had another record-shattering session, closing above the 23,000 level for the first time ever -- just one day before the 30th anniversary of Black Monday. IBM stock helped propel the Dow to its best day in more than a month, as the blue chip rallied after earnings, and a surge in financial stocks ushered the S&P 500 Index (SPX) to a record high of its ow...Read More
The Dow is soaring today, topping 23,000 level and setting another intraday record in the process. Grocery stock Supervalu Inc. (NYSE:SVU) and video game maker Electronic Arts Inc. (NASDAQ:EA) are having tough days, while insurance issue Anthem Inc (NYSE:ANTM) toasts some good news. Here's a quick look at what is moving shares of SVU, EA, and ANTM.SVU Stock Reverses Lower Despite Grocery De...Read More
Stocks have been marching higher -- and could have more room to run -- and one sector that has not been left behind is what we call the Autos and Parts group. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, 97% of the the stocks we cover from this sector are currently trading above their 80-day moving average, and have an average year-to-date gain of over 23%. Take Avis...Read More
One must go back to Oct. 4, 1968, to experience a market environment where the 30-day historical volatility (HV) of the stock market was lower than it is now, according to Schaeffer's Quantitative Analyst Chris Prybal. Could this be the calm before the storm for the S&P 500 Index (SPX)? Here's what to expect from the SPX going forward, if past is prologue.SPX Historical Volatility Falls Below 5Alt...Read More
The U.S. stock market has been carving out a steady stream of new highs this year, with the Dow most recently slicing through the key 23,000 level, and the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) notching record highs of their own today. And while the University of Michigan's latest consumer sentiment index signaled elevated levels of optimism from consumers, other sentiment indicators are...Read More
PayPal Holdings Inc (NASDAQ:PYPL) has been a major winner over the past year, adding roughly 69% year-over-year. The stock hit a record high of $69.61 on Oct. 13, and was last seen trading at $67.17, putting it on pace for a remarkable 11-month win streak. With the digital payments processor set to release earnings tomorrow, analysts and options traders are growing even more bullish on PYPL shares...Read More
The Dow Jones Industrial Average (DJIA)is trading higher this afternoon, comfortably north of the 23,000 mark and in record-high territory, thanks to another round of impressive blue-chip earnings. Specifically, IBM Stock is driving the Dow higher after earnings, and the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also fresh off record highs, though the latter has since dipped into the...Read More
Earnings season is in full swing. In addition to a number of Dow names and financial firms stepping up to the earnings plate, aerospace giant Honeywell International Inc. (NYSE:HON) is slated to unveil its quarterly results before Friday's open. Here's a closer look at how HON stock has been performing ahead of earnings, and how options traders are positioning themselves.Honeywell stock has added...Read More
Analysts are weighing in on semiconductor concern Lattice Semiconductor Corp (NASDAQ:LSCC), camera maker GoPro Inc (NASDAQ:GPRO), and Dow stock Merck & Co., Inc. (NYSE:MRK). Here's a quick roundup of today's bullish brokerage notes on shares of LSCC, GPRO, and MRK.Lattice Semiconductor Stock Scores First 'Buy' Rating in 5 MonthsLattice Semiconductor stock is up 5.1% to trade at $5.78, after Jeffe...Read More
U.S. stocks are trading mostly higher this morning, with strong IBM earnings sending the Dow to another new record above 23,000 -- even as the Nasdaq gives up early gains to trade slightly lower. Among the stocks making moves this morning are Sleep Number mattress parent Select Comfort Corp. (NASDAQ:SCSS), drug concern Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI), and financial stock JPMorgan Ch...Read More
Analysts are weighing in on burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG), Snapchat parent Snap Inc (NYSE:SNAP), and energy stock Chevron Corporation (NYSE:CVX). Here's a quick roundup of today's bearish brokerage notes on shares of CMG, SNAP, and CVX.CMG Stock Downgraded at BofA-Merrill LynchAhead of next Tuesday's earnings report, Chipotle Mexican Grill was downgraded to "underperform" f...Read More
Dow Jones Industrial Average (DJIA) futures are comfortably higher this morning, signaling another record high for the index. The Dow is set to take aim at the 23,000 level it briefly crossed yesterday, with help fromIBM's (IBM)earnings beat. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also higher ahead of the bell. Outside of earnings, traders are digesting lower-than-expected Septemb...Read More
Each month, the University of Michigan publishes their popular consumer sentiment index, which gauges the confidence of the average U.S. consumer. Additionally, and with less fanfare, the Michigan survey also publishes data on whether consumers think the stock market will increase over the next year. With the stock market at all-time highs, it's not surprising these polls are showing elevated leve...Read More
"They're going at it again," a colleague muttered, breaking the morning silence.The sun hadn't even peeked over the horizon this morning before the first battle of the day began. He didn't have to elaborate; I knew where this conversation was headed.He was, of course, referring to the feud developing between two powerful billionaires.I talked last week about Warren Buffett's strategic move into th...Read More
President and CEO of Sprott U.S. Holdings tells Silver Doctors that something big is coming for gold and silver...Gold and silver assets make up only about half a percent of total investable assets in the U.S. market. Rule sees this percentage increasing.Also, Rule says the more than thirty year bull market in 10-year Treasury bonds is coming to a close, while the precious metal bull market is ju...Read More
In this interview with SmallCapPower at Mines and Money Americas 2017, Pan American Silver Corp. (NASDAQ:PAAS) (TSX:PAAS) Chairman Ross Beaty talks about Pan American Silver's growth prospects as well as his other company, Alterra Power Corp. (TSX:AXY). He also weighs in on silver, renewable energy, and the role of sustainability in mining.Read More
Eric Coffin gives information on the next Metals Investor Forum and gives details on some of companies he is following and updates on Novo Resources.Read More
Everybody loves Hitler.Hitler is a one-size-fits-all kinda guy. He’s always on time, never complains and works for free. The perfect Government stooge.Have doubts about free-for-all immigration?Annoyed by militant feminism?Believe in traditional values?Not seduced by Socialism?Got no love for Sharia law?Why, you must be a Nazi.It’s simple.Hitler is the most prized horse in the entire s...Read More
Map of South Arrow drill hole locations. (Credit: NexGen Energy)SASKATCHEWAN - NexGen Energy of Vancouver reports that the radioactivity results for 16 holes from the South Arrow discovery at the Rook I property are indicative of semi-massive to massive pitchblende mineralization. Significant off-scale radioactivity (10,000 to 61,000 cps) was recorded.NexGen has been conducting an aggressive ste...Read More
Everybody loves Hitler.Hitler is a one-size-fits-all kinda guy. He’s always on time, never complains and works for free. The perfect Government stooge.Have doubts about free-for-all immigration?Annoyed by militant feminism?Believe in traditional values?Not seduced by Socialism?Got no love for Sharia law?Why, you must be a Nazi.It’s simple.Hitler is the most prized horse in the entire s...Read More