General Electric Company (NYSE:GE) had a nightmarish October, delivering subpar earnings that prompted a flurry of bearish analyst attention. Unfortunately, it doesn't look like November is off to a much better start, with the Dow stock falling below key round-number level today. Below, we will examine the fallout of GE's earnings report, and how options traders are positioning themselves ahead o...Read More
Shares of meal supplier Blue Apron Holdings Inc (NYSE:APRN) have struggled since the company's late-June initial public offering (IPO), just today hitting a record low of $4.62, and last seen at $4.66. For comparison's sake, the highest point ever reached by APRN stock was $11 on its first day of trading. A solid portion of these losses came in reaction to the company's lone earnings release back...Read More
While the SPDR S&P Retail ETF (XRT) has averaged a loss of 0.07% in November, going back 10 years, there are still bullish opportunities among retail stocks, if past is prologue. Specifically, a duo of retailers could outperform in the short term: discount retailer Dollar Tree, Inc. (NASDAQ:DLTR) and apparel maker Ralph Lauren Corp (NYSE:RL), which reports earnings tomorrow. Below, we'll take a lo...Read More
Video game stocks are in the spotlight this week, withElectronic Arts Inc. (NASDAQ:EA) trading lower after the company issued a disappointing holiday-quarter revenue forecast. Tomorrow, traders will digest third-quarter earnings from sector peer Activision Blizzard, Inc. (NASDAQ:ATVI) after the close.Here's a closer look at ATVI stock ahead of earnings, and how options traders have been positio...Read More
Stocks for the most part are holding their early gains, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all touching record peaks this morning. However, the Nasdaq has since erased its lead, weighed down by a pre-earnings pullback for Apple (AAPL) stock.Investors are digesting today's strong ADP jobs report, while gearing up for a busy afternoon. S...Read More
Alibaba Group Holding Ltd (NYSE:BABA) will be in the spotlight over the next few weeks, with the Chinese e-commerce name scheduled to report fiscal second-quarter earnings before the open tomorrow. Plus, the company will host its highly successful Singles Day on Monday, Nov. 11. Below, we will examine Alibaba's earnings history and how options traders are positioning themselves ahead of the event....Read More
Apple Inc. (NASDAQ:AAPL) will report fiscal fourth-quarter earnings after tomorrow's close -- capping off a recent stretch of big-cap tech earnings. The iPhone maker has a mixed history of earnings reactions, with the stock closing lower the day after Apple reports in four of the past eight quarters. Most notably, AAPL shares logged back-to-back next-day losses in excess of 6% in early 2016, thoug...Read More
Starbucks Corporation (NASDAQ:SBUX) reports earnings after the close on Thursday, and shareholders may be hiding their eyes ahead of the event. Over the past three quarters, the stock has moved lower in the session after earnings each time, including a 9.2% sell-off in July. SBUX shares have mostly traded sideways since then, last seen trading at $55.27, and sentiment appears bearish across Wall S...Read More
U.S. stocks are starting the month higher, thanks to an upbeat ADP payrolls report. Among the stocks making moves this morning are GPS company Garmin Ltd. (NASDAQ:GRMN), medical transport provider Envision Healthcare Corporation (NYSE:EVHC), and steel producer United States Steel Corporation (NYSE:X). Here's a closer look at what's moving shares of GRMN, EVHC, and X.Garmin Reaches Fresh Highs Afte...Read More
Analysts are weighing in on apparel retailer Abercrombie & Fitch Co. (NYSE:ANF), three-dimensional printing company 3D Systems Corporation (NYSE:DDD), and video game maker Electronic Arts Inc. (NASDAQ:EA). Here's a quick roundup of today's bearish brokerage notes on ANF, DDD, and EA.Abercrombie & Fitch Stock Drops on DowngradeAbercrombie & Fitch stock is down 7.3% to trade at $12.45, after J...Read More
Analysts are weighing in on semiconductor stock Intel Corporation (NASDAQ:INTC), cybersecurity name Qualys Inc (NASDAQ:QLYS), and review site Yelp Inc (NYSE:YELP). Here's a quick roundup of today's bullish brokerage notes on shares of INTC, QLYS, and YELP.Analyst Sees More Highs Ahead for Intel StockJust a day after Intel stock touched a 17-year high, brokerage firm Independent Research raised i...Read More
Dow Jones Industrial Average (DJIA) futures are higher this morning, up triple digits after the index wrapped up a healthy October gain. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also higher, with both indexes appear ready to hit fresh record highs, as traders digest economic data and awaitearnings reports from Facebook (FB) and Tesla (TSLA), among others. The Fed meeting...Read More
The S&P 500 Index (SPX) gained about 2% in October and is now riding a seven-month win streak. Since the March 2009 bottom, there have been two other streaks of that length, neither of which reached eight months. The first streak reached seven months in September of 2009, but then the S&P 500 was down about 2% in October. The last streak happened in May of 2013, only to see the index fall by 1.5%...Read More
I was told yesterday that the biggest hurdle for Tesla is making its vehicles cool enough for the public.I know that's wrong.Look, here's what it comes down to...The problem for billionaires like Elon Musk isn't convincing people to drive his electric vehicles, but whether or not he'll be able to make those EVs in the first place.For Tesla, it'll become a full-blown crisis in short order...And if...Read More
Harvey Organ exposes the lengths at which the cartel will go to suppress the prices of gold & silver...by Harvey Organ of Harvey Organ BlogOCT 31/TONY PODESTA OF THE PODESTA GROUP THREATENS TUCKER CARLSON/GOLD FALLS $6.15 AND SILVER FALLS 13 CENTS ON LAST DAY OF NOVEMBER OPTIONS EXPIRY (LBMA/LONDON CONTRACTS)/CHINA'S YIELD CURVE CONTINUES TO INVERT SIGNALLING RECESSION OVER THERE/GENERIC PHARMACEU...Read More
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.comEric reminisces about the early days of Sprott and where we are today in the gold market. He points out that Gold holds it's value, unlike fiat money. It's hard at times to recognize that we are in fact in a bull market; however, we are as the TSXVenture Exchange has had an excellent rally over the p...Read More
William Lamb and Lukas Lundin, recognized in 2016, with the Hugo Dummett Diamond Award for excellence in diamond exploration and development in recognition of their roles in developing Lucara Diamond Corporation's Karowe Mine in Botswana.January 2017http://amebc.ca/what-we-do/awards/Read More
Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More
As electric vehicles have grown in popularity, increasing attention has been placed on raw materials such as lithium, cobalt and nickel for batteries, but the story extends further.Fully electric vehicles will require four times as much copper as internal combustion engine vehicles, and the infrastructure for charging them will see an increased demand for copper or aluminium cables. Also, as...Read More
This event is your opportunity to question and challenge Wood Mackenzie's current outlook and understand the uncertainties and potential opportunities in the global metals and mining industry.Contact clare.rees@woodmac.com for further information.Read More