Analysts are weighing in on biotech Gilead Sciences, Inc. (NASDAQ:GILD), software company Adobe Systems Incorporated (NASDAQ:ADBE), and credit card provider American Express Company (NYSE:AXP). Here's a quick roundup of today's bullish brokerage notes on shares of GILD, ADBE, and AXP.Gilead Sciences Stock Pops on FDA Cancer Drug ApprovalGilead Sciences stock is up 1.7% to trade at $81.40, after th...Read More
U.S. stocks are trading lower this morning, pressured by weakness in the tech sector. Among the stocks making moves this morning are United Airlines parent United Continental Holdings, Inc. (NYSE:UAL), tech powerhouse Apple Inc. (NASDAQ:AAPL), and drug concern Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP). Here's a closer look at what's moving shares of UAL, AAPL, and CRBP.Shares of UAL Fall...Read More
Analysts are weighing in on Dow stock Nike Inc (NYSE:NKE), medical device maker Mazor Robotics Ltd (NASDAQ:MZOR), and fast-casual restaurant chain Chipotle Mexican Grill, Inc. (NASDAQ:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of NKE, MZOR, and CMG.Nike Inventory Glut Behind Goldman Sachs DowngradeNike stock is down 0.6% to trade at $52, after Goldman Sachs downgrade...Read More
Today marks the 30th anniversary of the infamous 1987 "Black Monday" stock market crash, and -- despite a geopolitical environment that's fairly riddled with risk and uncertainty -- the major equity indexes have soared to multiple consecutive record highs. Meanwhile, over the last six months, the average daily CBOE Volatility Index (VIX) reading has been a mere 10.82 -- well below the VIX's five-y...Read More
Dow Jones Industrial Average (DJIA) futures are lower this morning, signaling the index's pullback from record highs. The slowdown can be attributed to a combination of overseas trouble in Spain, a downgrade for Nike (NKE) stock, and what could be a rough day for Apple (AAPL), amid concerns about iPhone 8 demand and reports of Apple Watch trouble in China. The S&P 500 Index (SPX) and Nasdaq-100 I...Read More
At only 15 years old, I bought my dream car...A 1970 Ford Mustang Mach 1, grabber orange, with the 351 Cleveland small block V8 four-speed manual transmission.But, before you get jealous, the Mach 1 I bought was in poor condition... nowhere near the one above. It wasn't running and needed thousands of dollars in repairs. I bought the car from a friend of my grandfather who owned an auto shop. I p...Read More
For the next 12 months, through 2018, it seems there is just 'nothing' to invest in. Just ignore the elephant in the room...In what may be priming the BloombergTerminal to force the HFTs to re-write the algos to a bearish slant, it seems that everything 'investable' moving from here on out is going to be pure red ink for the next 12 months.Notice that gold and silver don't even make the 'developed...Read More
Silver is gaining ground back above $17.30. Gold is taking out $1290 aiming for $1300 on this 30th anniversary of Black Monday...Update:It might get a little interesting Thursday night into Friday:The intra-day "bull flag" forming in silver: Here's a closer look at silver with good volume:Which makes us wonder if this short-term bottom is in?Here's gold on the 3 minute chart:And the dollar, which...Read More
She wants to attend Harvard, prostitution is not an option for her:https://www.gofundme.com/6we27-harvar...Please, support our future African Kingdom:https://www.gofundme.com/kingdom-of-a...How to destroy racism:http://www.blurb.com/books/8210798-ho...Read More
In this interview with SmallCapPower at Mines and Money Americas 2017, Rosseau Asset Management CEO Warren Irwin talks about his personal experience with the world's biggest mining fraud, Bre-X, and why mining investors need to be vigilant even to this day, using Preliminary Economic Assessments (PEA) as an example. He also offers up a top stock pick in the resource space.Read More
An unchanged constant, a new forever. The debut of a modern, lyrical chapter in ETERNITY CALVIN KLEIN's visual history, and its timeless values of love and commitment. Today, those ideas continue with the focus very much on contemporary life. Starring Jake Gyllenhaal, Liya Kebede, and four year-old Leila. Directed by Emmy Award-winning director Cary Fukunaga.Read More
This Thursday, Oct. 19, will mark the 30th anniversary of Black Monday -- when the stock market notoriously crashed in 1987. This week, we'll be publishing a handful of features in observance of the event. Yesterday, we kicked things off with a look at the stock market changes since Black Monday, and how the S&P 500 Index (SPX) tends to perform after major meltdowns. Today, we'll eye some of the n...Read More
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