Struggling mall apparel retailer Urban Outfitters (NASDAQ:URBN) reported surprisingly strong second quarter numbers that smashed depressed expectations. URBN stock popped on the news in late August. Source: Konmac/Shutterstock.com Comparable sales dropped just 13% in the quarter versus a 28% drop in the first quarter. Comparable sales at the Free People brand actually rose 11%. Gross
admin
Over the last few weeks, shares of Ocugen (NASDAQ:OCGN) stock rocketed nearly 420% to a July 2020 high of about 96 cents. Then it was more than halved to 40 cents. Source: Shutterstock So is the life of a volatile penny stock. The only reason the stock popped was because its lead gene therapy drug,
Tonight Sunday Night Stock Market Live we will the news conference held by President Trump regarding the CCP virus. Bob Desmond will use stock charts and technical analysis to discuss if this current bear market will become worse or has the stock market seen a bottom? The charting platforms that will be used are TrendSpider,
DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts. Darren McCollester | Getty Images Stocks are once again at record high levels — with the S&P 500 now up over 21% on a one-year basis. That’s following Fed Chair Jerome Powell’s more-relaxed inflation targeting strategy,
Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – The luxury goods retailer reported a mixed quarter, with revenue below forecasts, but earnings beating analysts’ estimates. Tiffany’s results were helped by an improvement in sales in China, and the company said global sales trends are continuing to improve during
There’s no doubt that Wall Street loves pointing out big-name tech stocks to buy. These are the darlings of Wall Street at this point. They are not only stealing all the oxygen on the financial shows and publications, but they’re also getting all the money. The S&P 500 has changed its weightings so that it
InvestorPlace’s Bret Kenwell recently wrote an article about Exxon Mobil (NYSE:XOM) stock entitled By Maintaining Its Dividend, Exxon Mobil Stock Is an Energy Name to Hold. Source: Michael Gordon / Shutterstock.com Bret makes excellent points about why an investor might want to bite into its juicy dividend yield. Now, to be clear, Bret likes to
A man wearing a protective mask sits on top of the Charging Bull sculpture near Wall St. amid the coronavirus pandemic on April 19, 2020 in New York City, United States. Alexi Rosenfeld | Getty Images Company: Evolent Health Inc. (EVH) Business: Evolent is a health-care delivery and payment company. It supports health systems and
Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an undetermined number of both involuntary and voluntary job cuts, with Coca-Cola planning to offer voluntary
Thanks to progress in the race to develop an effective novel coronavirus vaccine, Novavax (NASDAQ:NVAX) assumed a higher profile in the competitive pharma world. That’s also true for volatile NVAX stock. Source: Ascannio/Shutterstock.com The Maryland-based vaccine development company has two Covid-19 vaccines undergoing trials. Its efforts are showing some promise and the market certainly took
Marathon Patent Group (NASDAQ:MARA) has had an interesting run. A few years ago, the company tried to commercialize intellectual property, as you might guess from its name. However, when that didn’t pan out, Marathon made an abrupt pivot to cryptocurrency mining in 2017. MARA stock briefly soared. Source: Shutterstock That excitement soon fizzled though. As
This week on Best Stock Charts using TrendSpider and TrendSpider scanning functionality we review the best stocks to buy now. Is Best Buy $BBY stock is a short? We think it is due to the RSI being overbought at unsustainable levels. Bob conducts technical analysis of the stock charts of $XLF ETF, $TTGT, $FNKO, and
Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Ulta Beauty — Shares of the retailer gained 6% after the company’s second-quarter profit topped expectations. Ulta earned 14 cents per share during that time period, compared with the
The run in Nvidia (NASDAQ:NVDA) has been stunning, and deservedly so. With NVDA stock up 183% from the March lows, many investors are beginning to wonder just how high this name can go. Source: JHVEPhoto / Shutterstock.com That’s a fair question at this point, even from those that have been long. However, investors also need
In an expansive universe of U.S.-listed Chinese equities and cloud computing names, Taoping (NASDAQ:TAOP) isn’t the one to consider. On either account. If you haven’t heard of Tapoing stock, that’s alright. In this case, ignorance may be bliss. Source: Shutterstock The company has two primary businesses segments: traditional information technology and cloud computing, where it operates
Monday will mark the last trading day of August, as investors turn their attention to September and begin to flip through the monthly charts looking for new setups. With that in mind, let’s look at a few top stock trades. Top Stock Trades for Monday No. 1: Chewy (CHWY) I love the way Chewy (NYSE:CHWY)
The New York Stock Exchange has won the approval from regulators to allow companies to issue new shares through direct listings, creating a cheaper alternative to the traditional initial public offering. The Securities and Exchange Commission said in an order Wednesday evening that it approved a new type of direct listing where companies can simultaneously
A child wearing a face mask sits on the Charging Bull statue, also known as the Wall Street Bull, following the outbreak of the coronavirus disease (COVID-19) in New York, August 19, 2020. Carlo Allegri | Reuters September is historically challenging for the market, but stocks could start the month on an upswing after what
In this technology-centric market, I wanted to find some cheap stocks to buy with high-yields, and whose earnings power would be sufficient for the dividends. In turn, this will allow investors to receive present income while they also wait for the underlying stock to recover to their previous highs. Additionally, another advantage is that investors
Despite the ravages of the novel coronavirus, some retail apparel companies have performed very well this year. Thanks to a combination of compelling products and social awareness, the pandemic has so far been a net positive for certain brands. Unfortunately, investors cannot say the same about Under Armour (NYSE:UA, NYSE:UAA). Its toxicity was bad enough