It's a mixed trading session on Wall Street today, though the Nasdaq Composite (COMP) hit a record high earlier. Among names making big moves are healthcare stocks Mallinckrodt PLC (NYSE:MNK), Bristol-Myers Squibb Co (NYSE:BMY), and bluebird bio Inc (NASDAQ:BLUE). Here's a quick look at what's moving shares of MNK, BMY, and BLUE.MNK Stock Sinks After Latest Citron Research SwipeMNK stock is tradin...Read More

The shares of Navistar International Corp (NYSE:NAV) are among the best of the New York Stock Exchange today, up 12.3% at $28.92. Bolstering NAV stock was some upbeat analyst attention, with Baird upgrading the shares to "outperform" from "neutral," and lifting its price target by $1 to $33. Further, the analyst thinks Navistar stock could hit $50 a share -- nearly twice its current price -- in th...Read More

It's hard to imagine a more clearly phrased clarion call for contrarian traders than the one made by an April 20 Bloomberg headline: "Goldman Says Ignore the Technical, Savor the Fundamental on Oil." But a closer read of the Goldman Sachs research note in question unearths a suggestion that traders might also want to go ahead and overlook the fundamentals, given the firm's view that gasoline deman...Read More

The 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days. Stocks highlighted are new to the list since the last time the study was run, and data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names of notable interest are FANG stock Amazon.com, Inc. (NASDAQ:AMZN) and financial firm Bank of America Corp (NYSE...Read More

U.S. stocks are trading in a tight range today, with the Dow Jones Industrial Average (DJIA) sitting just a few points from last week's record high. The S&P 500 Index (SPX) and Nasdaq Composite (COMP) have also failed to make a meaningful move in either direction, though the latter index managed to hit another record high. The uncertainty comes as investors focus on a number of geopolitical d...Read More

U.S. stocks are trading mixed this morning, as traders have a lot of headlines to digest. Among specific names on the move today are nutrition company Herbalife Ltd. (NYSE:HLF), software stock Gigamon Inc (NYSE:GIMO), and music streaming platform Pandora Media Inc (NYSE:P). Here's a quick look at what's moving shares of HLF, GIMO, and P. Sales Warning Eats Into HLFThe company's warning that second...Read More

Analysts are weighing in on internet auction site eBay Inc (NASDAQ:EBAY), biotech stock Loxo Oncology Inc (NASDAQ:LOXO), and retailer Gap Inc (NYSE:GPS). Here's a quick roundup of today's bullish brokerage notes on shares of EBAY, LOXO, and GPS.EBAY Stock Hits Record High After Bull NoteeBay stock is up 1.3% to trade at $35.79, earlier hitting a record high of $36.02, after Credit Suisse initia...Read More

Analysts are weighing in on tech giant Apple Inc. (NASDAQ:AAPL), drug stock Perrigo Company plc Ordinary Shares (NYSE:PRGO), and Snapchat parent Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bearish brokerage notes on shares of AAPL, PRGO, and SNAP.AAPL Stock Downgraded Ahead of WWDCApple stock is down 0.8% in electronic trading, following an AAPL downgrade to "sector weight" from "o...Read More

Since 2008 the financial media has been proclaiming that the US was in a "recovery." This argument was used to justify the insane monetary policy of the Federal Reserve, which maintained ZIRP for seven years and spent over $3 trillion in QE.Well, it turns out there was no recovery to speak of when it comes to jobs.According to a report posted on Friday, an incredible 93% of ALL jobs created since...Read More

Dow Jones Industrial Average (DJIA) futures are trading below fair value, with the blue-chip index taking a breather following Friday's record high. While the pre-market downside is modest, there's plenty of news for stocks to price in -- including this weekend's terrorist attack in London, an upwardly revised reading on first-quarter productivity, and Apple's Worldwide Developers Conference (WW...Read More

"The pattern we've noticed in recent months is resistance coming into play in the weeks immediately following a Fed rate hike (mid-December 2016 and mid-March this year)... On Feb. 1 the Fed met but did not raise rates, and the SPX rallied soon after."On Thursday, the SPX moved above 2,400 and established a new all-time high. This follows the lows in the previous week near the 2,350 half-century m...Read More

StrengthsThe best performing precious metal for the week was palladium, up 6.17 percent. Consumer demand is rising for gasoline- versus diesel-engine powered vehicles, yet automobile sales have started to relax in recent months. According to Bloomberg, gold bulls outnumber gold bears this week as Trump probes are boosting safe-haven demand for the yellow metal. In fact, gold advanced to the high...Read More

I was shocked by Friday's announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off target compared to the CFTC announcement itself. This was one of those rare cases where the source anno...Read More

Since 2008 the financial media has been proclaiming that the US was in a "recovery." This argument was used to justify the insane monetary policy of the Federal Reserve, which maintained ZIRP for seven years and spent over $3 trillion in QE.Well, it turns out there was no recovery to speak of when it comes to jobs.According to a report posted on Friday, an incredible 93% of ALL jobs created since...Read More

The jobs report was disappointing. The prices of gold, and even more so silver, took off. In three hours, they gained $18 and 39 cents. Before we try to read into the connection, it is worth pausing to consider how another market responded. We don't often discuss the stock market (and we have not been calling for an imminent stock market collapse as many others have).The initial reaction in the US...Read More

A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to the...Read More

We "went walkabout" over the past several years, largely deserting the Precious Metals sector for other greener pastures, because it has been performing so poorly, apart from a dramatic flurry during the 1st half of last year. However, the latest charts suggest that a major bull market is incubating in the sector and that it won't be much longer before it starts. This being so it is time for us to...Read More

CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More

Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Dr. Chris of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global politicals, financial markets, governmental policy, precious metals and the importance of preparedness amon...Read More

By Graham SummersSince 2008 the financial media has been proclaiming that the US was in a "recovery." This argument was used to justify the insane monetary policy of the Federal Reserve, which maintained ZIRP for seven years and spent over $3 trillion in QE.Well, it turns out there was no recovery to speak of when it comes to jobs. According to a report posted on Friday, an incredible 93% of ALL...Read More