It was a bumpy day on Wall Street, as sector rotation continues to create a choppy trading environment. With that in mind, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Gold ETF (GLD) What an excellent trade gold has been on the long side. But now
Month: August 2020
We had seen yet another strong week for silver (SLV) with the metal up 16% last week, and years of underperformance vs. gold (GLD) are now a thing of the past. In the past three weeks alone, the gold/silver ratio has dropped from 130 to 1 to 70 to 1, and this massive outperformance has
A worker wearing a protective mask adjusts a torque wrench inside the service area at a Harley-Davidson dealership in Oakland, California, on Thursday, July 16, 2020. David Paul Morris | Bloomberg | Getty Images The dark side of good earnings: Companies are talking about turning “furloughs” into permanent layoffs. You knew this was coming. It’s
A man walks past the Wall Street Charging Bull in New York, the United States, March 24, 2020. Wang Ying | Xinhua News Agency | Getty Images The S&P 500 is nearing its all-time high, a level that could serve as a launch pad for bigger gains. Technical analysts, who watch stock charts more than
Nio (NYSE:NIO) has been a volatile name lately, but the bias has been to the upside. With its earnings report on Aug. 11 before the open, Nio stock is moving higher. Or should I say, it was moving higher. Source: Carrie Fereday / Shutterstock.com Shares were up more than 8% in early trading near $15.50.
It’s no secret that interest rates are slumping. Many banks offer no return on savings accounts nowadays. Even certificates of deposits and government bonds often yield 1% or less in today’s environment. With that in mind, investors are looking to other types of assets to fill the income gap. Monthly dividend stocks are one appealing
With shares falling far below recent highs, is it time to buy the dip in Nikola (NASDAQ:NKLA)? Not so fast! Sure, it’s future potential, not current valuation, driving names like Nikola stock. If the company can pull off bringing a hydrogen electric vehicle to market, it could give EV powerhouse Tesla (NASDAQ:TSLA) a run for
A rally to over $2, as expected Natural gas could run into selling for three reasons Trading the range for the coming weeks In late March, the price of natural gas fell to a quarter-of-a-century low of $1.519 per MMBtu. After a recovery that took the nearby futures contract to $2.162 in early May, selling
In our live stream Swing Trading. Today we discuss if it is time to sell silver, gold and the gold mining stocks. We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video
A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry, analysts say, as the company dives headlong into building a space-based global internet service. Elon Musk’s company told the Federal Communications Commission in a presentation last month that its Starlink unit
A Lyft logo is installed on a Lyft driver’s car next to an Uber sticker in Pittsburgh. Gene J. Puskar | AP Check out the companies making headlines after the bell: Lyft, Uber — Shares of the ride-hailing duo dipped after a San Francisco Superior Court judge ruled that they convert California drivers from independent contractors to employees
Even by the standards of a market that loves growth names, HubSpot (NYSE:HUBS) has had a strong 2020. HubSpot stock has raced to new highs, nearly tripling from March lows and climbing 63% year-to-date. Source: rafapress / Shutterstock.com As with so many growth names, valuation admittedly looks like a concern. HUBS trades at almost 200x
There is no shortage of opinions from InvestorPlace writers telling you the same thing. Chesapeake Energy (OTCMKTS:CHKAQ) is bankrupt. And if you still own Chesapeake stock, your shares will likely be deemed worthless by the court. Source: Casimiro PT / Shutterstock.com I also argued against buying into the bankruptcy trade in June. It seems investors
Tech stocks experienced some early selling on Monday, as there is clear sector rotation under way. The question is, how long will that rotation last? Let’s look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: MGM Resorts (MGM) We saw a rotation into airline, cruise and casino stocks on Monday,
Shares of Eastman Kodak plunged more than 40% during premarket trading on Monday after a federal agency said it was reviewing a previously announced $765 million loan for the onetime photography pioneer to produce drug ingredients. “Recent allegations of wrongdoing raise serious concerns. We will not proceed any further unless these allegations are cleared,” the U.S.
Workers do final preparations on a Kodak stand on the eve of CES in Las Vegas, Nevada on January 8, 2018. David McNew | AFP | Getty Images Check out the companies making headlines midday Monday: Kodak — Kodak shares slid more than 30% after a federal agency said its $765 million loan for the
Electric car stocks have been getting a lot of attention on Wall Street lately. Despite various uncertainties posed by the novel coronavirus pandemic, the share prices of many electric vehicle firms have hit 52-week or even all-time highs. But some electric car stocks are better investments than others. In 2017, EV sales surpassed one million.
These are rough days in the oil patch and Exxon Mobil (NYSE:XOM), the largest domestic oil company, proves as much. A member of the Dow Jones Industrial Average, Exxon Mobil stock is lower by 37.16% year-to-date, embodying the energy sector’s status as one of the worst-performing groups in the S&P 500 in 2020. Source: Harry
Genius Brands (NASDAQ:GNUS) and GNUS stock are intriguing and have a great deal of potential. Source: patat / Shutterstock.com But given the stock’s still-stratospheric valuation and the lack of clear-cut success by the company, I think that it’s not yet a good time to buy the shares. Genius Brands’ app, The Kartoon Channel, received primarily
A break higher on bullish inventory data Lower production has balanced the fundamental equation Watch open interest in the NYMEX futures market for clues about price direction The crude oil experienced wild volatility over the first three months of 2020. In early January, a faceoff between the US and Iran in Iraq pushed the price
- « Previous Page
- 1
- …
- 9
- 10
- 11
- 12
- 13
- …
- 16
- Next Page »