Virgin Galactic’s First Spaceflight on Dec. 13, 2018 Source: Virgin Galactic Virgin Galactic’s rally began two months ago but trading in the speculative space name has recently accelerated in a way that tops even the momentum behind Tesla. Shares of Virgin Galactic rose as much as 12% in premarket trading Wednesday from its previous close
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Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Zillow — Shares of the real estate information company climbed 8% in extended trading after the company reported strong fourth-quarter financial results. Zillow had revenue of $944 million in the quarter, while analysts were expecting $815 million, according to
The $1.80 level gives way A magnet at just over $1.60 A new low is likely Bear markets can last for extended periods, and often torture those market participants who attempt to buy and new lows, that turn out to be temporary levels on the way to even lower values. The natural gas futures market
In the wake of Tesla’s (NASDAQ:TSLA) meteoric rise at the start of this year, investors might be tempted to bet on “the Tesla of China” Nio (NYSE:NIO). The Chinese electric car maker has been beaten down over the past year as its debt obligations weighed on investor confidence. NIO stock has inched its way higher
U.S. stocks have held up reasonably well despite fears that the coronavirus from China may spread worldwide. Broad market indices did stumble on Tuesday as Apple (NASDAQ:AAPL) projected that it would miss guidance for its fiscal second quarter. But the equity market as a whole actually trades above where it did when coronavirus fears first
Sports betting stocks have been on a tear of late as U.S. legalization becomes a reality. And many investors see more upside ahead. The catalyst was a U.S. Supreme Court decision when the court struck down the Professional and Amateur Sports Protection Act of 1992. Commonly referred to as “PASPA,” the act restricted sports betting
Home Depot (NYSE:HD) will report its earnings for the year ending on Feb. 25. This year Home Depot stock will likely be winner, just like it was in 2019. Source: Helen89 / Shutterstock.com Last year, HD stock rose 21.3% and its total return was 23.81%. This was slightly better than the Dow Jones Industrial Average,
A Tesla logo is pictured during the Brussels Motor Show on January 9, 2020 in Brussels . (Photo by Kenzo TRIBOUILLARD / AFP) (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) KENZO TRIBOUILLARD | Getty Images Shares of Tesla are jumping yet again, continuing the stock’s rapid speculative rise this year. The electric automaker’s stock is
Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Richard Branson Virgin Galactic IPO NYSE Check out the companies making headlines in midday trading. Apple — Shares of the iPhone maker fell 2.7% after Apple said that it
But while multi-year highs are nice, we trade in the here-and-now, and shorter-term charts are more useful for managing trades in the present. So let’s look at the 6-month chart of GLD, the unleveraged ETF for gold that trades on US markets. It’s not hard to see yesterday’s breakout. What’s more problematic is drawing appropriate
In Swing Trading Today we discuss if Apple $AAPL has cut revenue guidance does that mean that $AMZN will be the next to cut guidance as well. We will review the charts of the $QQQ $AMZN and $AAPL. We will also do technical analysis of gold to see if it is a buy sell or
I want to share with you the advantages and disadvantages of being a day trader. If you want to trade stocks and looking to become a day trader, it’s important to understand what you’re getting yourself into and the advantages and the disadvantages. So in case you want to change and become a swing trader,
Shares of sports media and entertainment company World Wrestling Entertainment (NYSE:WWE) were the hottest thing on Wall Street in 2018. In 2019, WWE stock turned into the coldest thing on Wall Street, and it doesn’t look like it’s going to thaw in 2020. Source: Bjoern Deutschmann / Shutterstock.com In 2018, shares of World Wrestling Entertainment
Stocks are under pressure Tuesday, as coronavirus concerns again dominate the conversation in the stock market. That said, let’s look at a few top stock trades heading into the holiday-shortened trading week. Top Stock Trades for Tomorrow No. 1: BlackBerry (BB) BlackBerry (NYSE:BB) stock continues to bleed lower, but investors are looking to turn around
New year, new phones. Companies started rolling out their latest high-tech phones last year, like the upgraded Motorola Razr, and there are plenty more new smart phones to be rolled out this year. However, the phone I’m most excited about is the Samsung Galaxy S20. But it’s not exciting because I personally need a new
Lending Club banners hang on the facade of the New York Stock Exchange for it’s IPO on December 11, 2014 in New York. Don Emmert | AFP | Getty Images LendingClub, a fintech company that pioneered personal loans made online, is buying a U.S. bank to give it access to a stable and cheaper source
Herbalife distribution center in Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell: LendingClub – Shares of the fintech company were down 1.98% in extended-hours trading after it announced plans to pay $185 million in cash and stock for Radius Bancorp, a Boston-based online bank
It’s been a boring few months for investors in the silver (SLV) space as the metal continues to consolidate in a six-month trading range following its September top. While we initially saw a strong reversal in continued optimism among the bulls. In fact, we’ve had so much optimism that positioning among small speculators for silver
Shares of Twitter (NYSE:TWTR) exploded higher in early February, as the social media company’s impressive fourth-quarter user growth boosted Twitter stock. The company’s Q4 results led investors to believe that its product innovations are improving the experience of its users, driving more users to the platform. Advertisers tend to follow users, so Twitter’s accelerated user
One interesting aspect of this bull market has been the starkly divergent performance among sectors. Broad market gains in the past often have seen the rising tide lift all boats. Source: Shutterstock For instance, during the dot-com bubble, companies with little or no tech exposure still did rather well. Macy’s (NYSE:M) rose nearly 200% in