Nike shoes are displayed at a Nike Store in San Francisco, California. Justin Sullivan | Getty Images Analysts on Wall Street recommend buying the recent dip in Nike’s stock, which is getting hit on worries about the impact of the coronavirus epidemic. UBS upgraded shares of Nike to buy from neutral and JPMorgan added the
Month: February 2020
Democratic 2020 presidential candidate Senator Bernie Sanders (I-VT) speaks with reporters as he walks through the Iowa State Fair in Des Moines, Iowa on August 11, 2019 Alex Edelman | AFP | Getty Images Iowa’s Democratic presidential caucus Monday is a step toward narrowing the far-flung field of Democratic candidates, and investors could start getting
Canopy Growth (NYSE:CGC) delayed the launch of its cannabis-infused drinks line because of extra work needed to scale up its production. While investors seem ambivalent to the delays, several of my InvestorPlace colleagues believe this is the kiss of death for CGC stock. Source: Jarretera / Shutterstock.com Here’s why I believe they’re wrong. Recently-appointed Canopy
Normally, investors are encouraged to “think like an investor, not a customer” when considering whether to buy a stock. The thinking is that no matter how much we like a product, fundamentals matter. Source: Casimiro PT / Shutterstock.com In the case of Chesapeake Energy (NYSE:CHK), I want to encourage any remaining bulls to do something
Only once since March 22 did the S&P 500 decline further than it did on Friday, when the index dropped 1.79%. And it has been exactly four months since the index saw even the 3.3% pullback it has posted over the past six sessions. Source: Shutterstock Those figures highlight the reason for caution toward U.S.
Kevin Matras explains how Zacks Ultimate works in this educational video.
A Columbia Sportswear Company sign hangs in front of their store at the Woodbury Common Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening
Democratic presidential hopefuls Vermont Senator Bernie Sanders (L) and former Vice President Joe Biden chat during a break in the fourth Democratic primary debate of the 2020 presidential campaign season co-hosted by The New York Times and CNN at Otterbein University in Westerville, Ohio on October 15, 2019. Saul Loeb | AFP | Getty Images
Volatility has been the watchword for the past week as the Chinese outbreak of coronavirus dominated headlines. The real issue here is less the death toll (which is not insignificant) but the challenges it brings at all levels of the second-largest economy in the world. Remember, China has factories that many other nations — and
January has seen many stocks, as well as broader indices, continue the year-end rally. However, CVS Health (NYSE:CVS), the integrated pharmacy healthcare company, is not one of these stocks, as YTD CVS stock is down about 6%. Source: Shutterstock The company is expected to report Q4 earnings Feb 12. As we go through another earnings season,
Coronavirus headlines again commanded attention from investors on Thursday, in spite of a number of large earnings reports. Let’s look at a few top stock trades, as the headlines continue to fly. Top Stock Trades for Tomorrow No. 1: Microsoft (MSFT) Microsoft (NASDAQ:MSFT) shares were pressing higher on Thursday, hitting another all-time high. The move
In this video we take stock chart requests from our members. ✅Join our 15 Minute “Going Live Alert” list (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s 5 Most Powerful Video Tutorial –
In Swing Trading Today we discuss after reporting strong earnings if it is time to buy Tesla, Microsoft and Facebook. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they
Tonight on Sunday Night Stock Charts Live we discuss the indicators which imply that we may be moving towards recession. ✅15 Minute Live-Stream Alert List! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s
In this week’s Best Stock Charts we talk out the 6 best stock charts for the coming week. We like Amazon $AMZN short and we want to buy shares of Blue Apron $APRN Alcoa $AA Arch Coal $ARCH Scorpio Bulkers $SALT and Golar $GLNG. 15 Minute Alert List (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take
Archer-Daniels-Midland Co. (ADM) signage displayed on the side of a grain storage bin at an ADM grain elevator in Niantic, Illinois. Daniel Acker | Bloomberg | Getty Images Oxford Industries This week Needham raised its rating on the stock to buy from hold. The company is best known as the maker of apparel brands like
Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Coming off the slowest year of growth in three, the economy in the first quarter of 2020 is expected to slow down even more due to the impact of Boeing and now
Facebook (NASDAQ:FB) stock fell 7% after reporting earnings this week. At closing it was down 6%, shedding about $30 billion in market cap. It’s not like they delivered a terrible set of results; in fact, they beat forecasts. Source: TY Lim / Shutterstock.com Wall Street decided that they didn’t beat them by a big enough
Should you buy Walmart (NYSE:WMT) stock on the dip? Shares have slipped so far this year, falling from $118.86 on Jan. 2 to $115.89 at the close Jan. 29. With the markets getting back to business after the coronavirus selloff, Walmart stock could start to rally again. Source: Jonathan Weiss / Shutterstock.com But, valuation remains
The World Health Organization (WHO) declared the coronavirus outbreak an international emergency earlier today, sending riskier assets lower in the process. That call makes sense because the number of confirmed cases and deaths are rising rapidly, reaching 7,700 and 170, respectively, as of early Thursday. Source: Provided by Finviz The S&P 500 rose 0.31% The