Tomorrow, traders will digest earnings from electric car maker Tesla Inc (NASDAQ:TSLA) after the close.Here's a closer look at TSLA stock ahead of earnings, and how options traders have been positioning themselves on the automaker's shares.Earnings History Is On TSLA's Side... Though still up 51.6% year-to-date, Tesla stock has struggled since touching a record high of $389.61 on Sept. 18, tha...Read More
The Dow Jones Industrial Average (DJIA) is set to end October with a healthy 4.3% gain, which would mark the index's best month since gaining 4.8% in February. What's more, while it will be the Dow's seventh straight monthly gain -- a feat not accomplished in over five years -- the DJIA is pacing for the smallest return during a seven-month rally ever. Below, we take a look at previous monthly win...Read More
The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are modestly higher this afternoon, but are sticking close to breakeven as traders weigh the latest batch of earnings reports. Nevertheless, the Dow and S&P are on pace for a seventh straight monthly gain, and their best month since February. The Nasdaq just touched another record high this morning, and i...Read More
GoPro Inc (NASDAQ:GPRO) reports earnings after the close tomorrow, as the camera maker looks to build off recent bullish analyst attention. Below, we will examine GoPro's earnings history and how options traders are positioning themselves ahead of the event.At last check, GoPro stock is up 0.7% to trade at $10.41. The equity has pulled back from its most recent high near $12, but the drop was cau...Read More
Athleisure stocks are in focus today, after Under Armour (UAA) reported a big revenue miss and slashed its full-year profit and sales forecasts. Among the names we're watching are athletic apparel retailer Dick's Sporting Goods, Inc. (NYSE:DKS) and yoga wear maker Lululemon Athletica inc. (NASDAQ:LULU) -- both of which were trading near key technical levels heading into today's trading. Here's a c...Read More
U.S. stocks are trading higher this morning, as traders digest the latest round of earnings and await word on the Federal Reserve. Among the stocks making moves this morning are athletic retailer Under Armour Inc (NYSE:UAA), digital technology company and Apple supplier (for now) QUALCOMM, Inc. (NASDAQ:QCOM), and drug concern Valeant Pharmaceuticals International Inc. (NYSE:VRX). Here's a closer...Read More
Fitbit Inc (NYSE:FIT) is still nowhere close to its 2015 record high of $51.90, with the shares last seen trading at $6.10. But in the previous two quarters, the company's earnings results have resulted in major one-day gains for the stock. By the numbers, FIT stock jumped 15% the day after earnings in August, and 12.1% after earnings in May. In fact, the equity has ended the session after earning...Read More
Healthcare stock Centene Corp (NYSE:CNC) has been charting a path higher over the last 12 months, up more than 49%. After hitting a record high of $98.72 in mid-September, the stock pulled back to its 80-day moving average. This trendline has had historic implications in the past, suggesting it could be a prime time to bet on the stock's next leg higher. The stock's longer-term surge has coincid...Read More
With third-quarter earnings season in full swing, analysts are weighing in on biotech EXACT Sciences Corporation (NASDAQ:EXAS), food and beverage company Mondelez International Inc (NASDAQ:MDLZ), and machinery stock Cognex Corporation (NASDAQ:CGNX). Here's a quick roundup of today's bullish brokerage notes on shares of EXAS, MDLZ, and CGNX following the companies' earnings reports.EXACT Scienc...Read More
Analysts are weighing in on chip stock Cypress Semiconductor Corporation (NASDAQ:CY), real estate investment firm (REIT) Omega Healthcare Investors Inc (NYSE:OHI), and big pharma name Merck & Co., Inc. (NYSE:MRK). Here's a quick roundup of today's bearish brokerage notes on CY, OHI, and MRK.Barclays Thinks CY Stock's Upside is Already Priced InCypress Semiconductor shares are down 2.6% ahead of t...Read More
Dow Jones Industrial Average (DJIA) futures are pointed higher, as the blue-chip index appears ready to shake off yesterday's sluggish session and notch a seventh straight monthly gain. Pfizer (PFE) stock is powering the Dow ahead of the bell, thanks to an earnings beat. On the other hand, ugly guidance from Under Armour (UAA) is weighing on Nike (NKE) shares pre-market. Outside of earnings, the...Read More
The iShares MSCI South Korea Capped ETF (EWY) is having a better 2017 than most of the major U.S. equity-based exchange-traded funds (ETFs), up more than 38% year-to-date as of Friday's close. In fact, EWY registered a new 10-year high to end the week, topping out at $73.64 on an intraday basis.The runaway rally in EWY may come as a surprise to those who have followed the breathless (and seemingly...Read More
I imagine you're tired of hearing about Bitcoin. If you are, I have good news for youToday we aren't going to talk about Bitcoin. Instead, I want to take this opportunity to talk about other ways digital currencies are making waves. You see, when most people think about digital currency, they tend to put on what I call "Bitcoin Blinders."By that I mean there is so much buzz about the world's fir...Read More
Clive Maund says that technically, there could be some more short term weakness in the silver price, but for two long-term fundamental reasons, the bottom is in...by Clive Maund via Streetwise ReportsLike gold, silver now appears to be completing an intermediate Head-and-Shoulders top that we can see on its latest chart below, within a much larger and very bullish Head-and-Shoulders bottom pattern...Read More
Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cas...Read More
Recorded June 2nd @0500hrs East of Brandon MbRead More
The timing couldn't be better for the company, which pared back its portfolio to focus on getting its premier asset into production as zinc supply is forecast to remain tight in the medium term."We're well on the way to bringing our product to market at a time we expect the zinc market to continue to be extremely strong, so it's the perfect matching of production into a market that's crying out fo...Read More
Harry Dent is known for making bold calls, the well-known economist is now warning investors to prepare for the coming of an "economic winter." Dent said the party is over for the Dow Jones Industrials Average (DJIA) which has seen 54 record closes this year. "We have been bubbling since 2009 - I am projecting that the Dow will go down to 5,000 - 5,500 in the next two to three years," Dent said in...Read More
Try Not To Laugh Challenge - Funny Brandon Bowen Vines 2017 w/ TitlesRead More