International Business Machines (NASDAQ:IBM) has been a big, fat dud. Shares of Big Blue are down 8% in the past year, 15% in the past three years and 30% over the past five years. The performance of IBM stock is a major drag compared to big tech and the stock market overall. Source: JHVEPhoto /
Month: September 2019
Nio (NYSE:NIO) stock has traded sideways over the past month. Shares in the Chinese electric vehicle (EV) maker opened at $3.21 a share on August 2, and closed at $2.86 a share on August 30. Investor sentiment continues to be negative. Source: THINK A / Shutterstock.com Shares continue to trade more than 50% below their
A storm causes buying in the energy commodity Inventories continue to trickle in The market will now shift its focus on the coming peak season of demand Natural gas is not only combustible in its physical form; the price of the energy commodity can be highly volatile when it comes to percentage moves. The supply
Now is the time to buy risk assets, a Bank of America Merrill Lynch strategist told CNBC on Tuesday. “When investors are this bearish, historically, it’s been a great time to buy risky assets like stocks and commodities,” BofAML global investment strategist Jared Woodard said on “Closing Bell. “ Woodard stressed he was looking at
After a three-day weekend, it appeared that investors didn’t quite have their sea legs ready for Tuesday’s action. Traders saw a lower open in the stock market today, followed by a larger decline into mid-day trading. However, equities were able to piece together a bounce off the lows as we approach a potentially critical spot
In my years of investing, I’ve learned that when it comes to picking high-quality stocks, everything matters. It’s not just about identifying stocks with low price-to-earnings multiples, or high yields. It’s not just about finding stocks that always beat Wall Street’s revenue and profit expectations. Nor is it just about insider buying, or the technical
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Check out the companies making headlines in midday trading: Goldman Sachs— Goldman Sachs dropped nearly 3% as news broke that the bank’s global co-head of securities is departing. The executive, Marty
General Motors (NYSE:GM) has seen off, for now, the danger of Tesla (NASDAQ:TSLA) overtaking it as America’s most valuable car company. But GM stock and the company’s financial results have barely budged since Mary Barra became CEO five years ago. The company also faces a host of new problems, including a president who seems determined
The price of Hexo (NYSE:HEXO) stock continues to decline. HEXO stock fell down to the $4 threshold this past week, and has now declined more than 50% from its recent peak. Like industry rivals Tilray (NASDAQ:TLRY) and Canopy Growth (NYSE:CGC), Hexo stock has faced relentless selling. Source: Shutterstock Hexo stock has largely declined because of the huge
Silver has closed back above both its key monthly moving averages for the first time since early 2016. The next major hurdle is multi-year resistance at the $18.45/oz level. Based on this new monthly development, I would expect any 7% pullbacks to be bought as bulls on the sidelines move into the market. Silver (SLV)
Martin Chavez, Goldman Sachs Amanda Gordon | Bloomberg | Getty Images Marty Chavez, a veteran Goldman Sachs executive who helped transform the firm’s technology division, is leaving the bank. Chavez, who was co-head of the bank’s trading division, will retire at the end of 2019, according to a memo sent to employees Tuesday. The move
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Warren Buffett is the chairman and the biggest shareholder of investment firm Berkshire Hathaway. The company owns MidAmerican Energy, Geico, and Clayton Homes. It also has shares in American Express, Coca-Cola, and Wells Fargo. Buffett, who is dubbed as the “Oracle of Omaha,” currently has a
Stocks v. Options Similarities: -Both are trade-able securities. -Both have bid and ask prices and a bid-ask spread -Listed on the same exchanges Differences: -Options have expiration dates, stocks do not -There is no set number of options -With stocks, you own a piece of the company and you have voting rights -With options, you
Kevin Matras shows how to position for an expected breakout of a trading range, even if you don?t know the direction.
The tug-of-war continues. The bulls won Wednesday’s contest, sending the S&P 500 higher. The action marks the seventh straight trading day stocks have logged a reversal of the prior day’s action though, and the market remains squarely between major support and resistance levels. Source: Shutterstock Advanced Micro Devices (NASDAQ:AMD) carried more than its fair share
Despite the best efforts of Intel (NASDAQ:INTC) to dominate the AI and 5G markets, I’m prepared to stand behind Intel’s most impressive competitor, Nvidia (NASDAQ:NVDA), and recommend a position in NVDA stock as a bullish wager on an absolute powerhouse in the graphics space. Source: Hairem / Shutterstock.com Sure, you can buy shares of just about
Netflix (NASDAQ:NFLX) was already struggling in the United States, losing 130,000 domestic subscribers a quarter ago, sending Netflix stock much lower as a result. Source: Riccosta / Shutterstock.com Now, a recent survey taken by UBS sets the stage for even more shareholder setbacks. As it turns out, a sizable number of U.S. consumers say they’re
In Stock Market Tonight we discuss the spike higher in Bitcoin as well as the US Dollar. Each are signaling fear. Gold and Silver are holding up well in the face of a strong US Dollar which is bullishg.
U.S. stock futures are trading higher this morning. Daily turns in the trade war narrative continue to drive stock prices. Today’s boost is coming after China’s commerce ministry said they “firmly reject and escalation of the trade war.” Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average are up 0.88%, and
Lyft (NASDAQ:LYFT) is more profitable than its earnings statements, reported on Aug. 7, let on at first glance. This might seem surprising, especially since LYFT stock reported losses during its second quarter of $644.2 million — up from $178.9 million in the same period last year. Source: Tero Vesalainen / Shutterstock.com But a close look