TheDow Jones Industrial Average (DJIA) notched yet another all-time high, as well as its seventh straight win, while the S&P 500 Index (SPX) extended its longest winning streak in four years -- and managed its sixth straight record close, marking the longest streak of that kind since 1997. As for the Nasdaq Composite (IXIC), the tech-rich index also wrapped up an eighth consecutive gain, for its l...Read More
U.S. stocks are trading higher again this afternoon, with the Dow, S&P 500, and Nasdaq Composite all notching fresh record peaks. Biotech Regeneron Pharmaceuticals Inc (NASDAQ:REGN) and pharma stock Biogen Inc (NASDAQ:BIIB) are soaring, while consumer lending name Navient Corp (NASDAQ:NAVI) is sinking amid fresh legal woes. Here's a quick look at what is moving shares of REGN, BIIB, and NAVI.Pralu...Read More
Fast food franchise McDonald's Corporation (NYSE:MCD) has been tearing its way up the charts this year, tacking on 30% to rank among the best Dow components of 2017. The restaurant stock even touched an all-time high of $161.72 on Sept. 11, but has since pulled back to its current perch at $158.20. The blue chip's retreat, however, could signal a buying opportunity for options traders, as MCD...Read More
Trading options can be complicated, as there are a lot of moving pieces. It's important to stick to a core set of principles when approaching any options trade. Here at Schaeffer's, we have a simple mantra for vetting stocks before buying an option: F.A.R., or Fast, Aggressive, and in the Right direction. That is how you need a stock to move in order to profit on a short-term call or put purchase....Read More
Earlier we took a looking at bank stocks, as the sector should be in focus in the upcoming weeks. Another sector that's been receiving extra attention recently is cybersecurity -- which falls under our "software" umbrella -- with Equifax CEO Richard Smith testifying before Congress yesterday. The software group as a whole has been strong in 2017, with these stocks sporting an average year-to-date...Read More
Last Sunday's Las Vegas shooting took an immediate toll on MGM Resorts International (NYSE:MGM) stock, as the 58 casualties and over 500 injuries were inflicted from an MGM-owned resort and casino. While it is unclear how the shooting will impact tourism long-term, from a technical perspective, MGM stock could be a "buy" at current levels.MGM stock was last seenat $31.08, up 1.1% on the day, but...Read More
The S&P 500 Index (SPX) is on pace for an eighth straight day of gains, which would represent its longest winning streak in four years. In addition, another higher finish today would mark the SPX's sixth consecutive record close -- a feat not accomplished in 20 years, and one that preceded Black Monday 30 years ago. Against this backdrop, we decided to take a look at how the stock market tends to...Read More
A fresh round of Federal Reserve appearances is due this week, including Fed Governor Jerome Powell -- who is set to deliver a keynote address on Thursday. This follows Wednesday's release of the closely watched Fed meeting minutes, where traders will be looking for clues on a possible December rate hike. Plus, third-quarter earnings season will unofficially begin with several notable names set...Read More
Bank stocks will be in focus next week, with quarterly results from several high-profile financial names marking the start of third-quarter earnings season. The release of the September Fed minutes could also draw interest to the sector, as traders look for clues to a possible December rate hike. Ahead of these closely watched events, financials are one of the leading sectors we track, with Goldma...Read More
Stocks are extending their ascent into all-time-high territory, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all hitting fresh record peaks. While the Dow is pacing for a seventh straight win,the Nasdaq and SPX are headed for an eighth consecutive gain, which would mark the latter's longest winning streak since mid-2013. Wall Street is digesting...Read More
Analysts are weighing in on Dow stock Microsoft Corporation (NASDAQ:MSFT), as well as biotechs ACADIA Pharmaceuticals Inc. (NASADQ:ACAD) and Gilead Sciences, Inc. (NASDAQ:GILD). Here's a quick roundup of today's bullish brokerage notes on shares of MSFT, ACAD, and GILD.Canaccord Genuity Upgrades Microsoft StockMicrosoft is up 0.6% to trade at $75.14, after Canaccord Genuity upgraded the tech stock...Read More
U.S. stocks are trading higher today, with the S&P 500 aiming for its longest winning streak in years. Among the stocks making moves this morning are beverage company Constellation Brands, Inc. (NYSE:STZ), global delivery service FedEx Corporation (NYSE:FDX), and drugmaker Inovio Pharmaceuticals Inc (NASDAQ:INO). Here's a closer look at what's moving shares of STZ, FDX, and INO.Constellation Ear...Read More
Analysts are weighing in on luxury retailer Coach Inc (NYSE:COH), pharma stock Celgene Corporation (NASDAQ:CELG), and Apple supplier Western Digital Corp (NASDAQ:WDC). Here's a quick roundup of today's bearish brokerage notes on shares of COH, CELG, and WDC.Coach Stock Lower After DowngradesCoach received two downgrades today, one to "peer perform" from "outperform" at Wolfe Research, and another...Read More
Dow Jones Industrial Average (DJIA) futures are higher, with the index aiming for a seventh straight win and another all-time high. Likewise, the S&P 500 Index (SPX) is eyeing its eighth consecutive up day, which would mark its longest win streak in years. Ahead of tomorrow's closely watched nonfarm payrolls report, the Labor Department said weekly jobless claims fell by more than expected last we...Read More
Free Physical Gold Investment Kit: https://regalassets.com/a/7787 Free Bitcoin IRA Investment Kit: https://regalwallet.com/?id=7787 The U.S. dollar is in crisis. Trillions of currency units have been printed. Near-zero interest rates have done nothing to stimulate the economy. And now, up to 40 different countries are leaving the dollar. Federal Reserve members recently held a private meeting in W...Read More
With gold price trading at current levels, below $1,300 an ounce, one geologist says we may be running out of gold. "If the gold price stays at these levels, there's not enough quality ounces," Exploration Insights' Joe Mazumdar told Kitco News at the Mines & Money conference in Toronto. The problem? There is not enough exploration, he said. "Grassroots exploration as a proportion of exploration e...Read More
It’s all illegal! That’s Madrid’s position on the referendum in Catalonia. Of about 5.5 million eligible voters, about 2.4 million chose–or were able–to cast ballots. 90% of them voted in favor of independence from Spain.Spanish courts have ruled, and leaders have repeated, that the country’s Constitution does not allow a region to separate. European Union cour...Read More
It’s all illegal! That’s Madrid’s position on the referendum in Catalonia. Of about 5.5 million eligible voters, about 2.4 million chose–or were able–to cast ballots. 90% of them voted in favor of independence from Spain.Spanish courts have ruled, and leaders have repeated, that the country’s Constitution does not allow a region to separate. European Union cour...Read More
Tiege Hanley review: Is it worth the hype or is it overhyped? Is Tiege Hanley the best skin care for men? Testing and reviewing the Tiege Hanley men's skin care subscription service. In this Tiege Hanley review, I'll be looking at the packaging, ingredients, smell, using the products, price and comparison to other men's skin care products. Tiege Hanley skin care for men has been created Alpha M (A...Read More