The financial world has focused heavily on Tesla (NASDAQ:TSLA) over the past few weeks. Tesla stock ran up from $400 at the start of the year to as high as $986 per share earlier this month. Source: Shutterstock That sort of move by the shares of a high-profile company has attracted all sorts of attention. Not
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It was another solid session in the stock market today. The SPDR S&P 500 ETF (NYSEARCA:SPY) rallied 0.77%, hitting new 52-week highs on Monday. It wasn’t alone either, with the PowerShares QQQ ETF (NASDAQ:QQQ) hitting new all-time highs too. The rallies just keep on coming. While equities failed to rally on Friday despite a better-than-expected
The outbreak of the coronavirus is a “true black swan” for the oil and energy market, and as crude prices continue to move lower the worst may not be over yet, Ned David Research said in a note to clients Monday. Analyst Warren Pies noted that the outbreak has reduced Chinese demand for oil by
Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Tesla Model Y crossover electric vehicle in Hawthorne, California, U.S., on Friday, March 15, 2019. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Tesla (TSLA) — Shares of Tesla rose
The market is in oversold territory Historical volatility is close to the bottom Open interest points to an imbalance in market positions My background as a physical commodities trader makes me particularly sensitive to fundamental supply and demand data. I have been trading a wide range of raw materials over the past four decades. I
Even as interest rates remain low and investor appetite is strong, the ever-rising high-yield corporate debt levels are continuing to raise concerns on Wall Street. The latest warning comes from Charles Schwab strategists, who are advising clients to reduce their exposure, or underweight, to a part of the market that will see a record number
While investors may look at Tesla’s wild volatility as crazy trading in just one stock, some analysts say its bubbly behavior could be a warning for the broader market. Doug Ramsay, CIO at Leuthold Group, says there are plenty of examples of overinflated assets or securities with volcanic price action that preceded bigger sell-offs in
Emerging markets have not been winners during the bull market for U.S. stocks. To choose one benchmark, the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) has gained 17% total over the past decade. The S&P 500 has more than tripled. To be sure, some emerging markets stocks have done well. Alibaba (NYSE:BABA) has more than doubled
AMD (NASDAQ:AMD) has had a tremendous run as it gained market share on Intel (NASDAQ:INTC)with faster chips. And, of course, that’s led to huge gains by AMD stock over the last few years. Source: Joseph GTK / Shutterstock.com But AMD looks like it has big, potential vulnerabilities when it comes to artificial intelligence and its
One rule in this bull market has been that winners keep winning — and losers stay stuck. There have been exceptions: some high-flyers have crashed, and some turnarounds have worked. But, overall, investors have succeeded by betting on growing companies in attractive sectors. Source: Shutterstock For most of this market, observers have wondered when that
A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England. John Keeble | Getty Images News | Getty Images Tesla’s valuation has soared well past other automakers, even those which produce millions more cars each year, causing Morgan Stanley to take a look
Nike (NYSE:NKE) has recently become a big favorite of analysts. Source: Square Box Photos / Shutterstock.com There’s a new era of revenue growth coming, according to UBS. Their analysts think its Olympics product lineup could “catalyze the stock.” Charts are calling for a 20% surge, according to MKM Partners. Buy it on the dip, Citicorp says.
Beyond Meat (NASDAQ:BYND) is rolling again, despite being one of 2019’s biggest bubbles. Beyond Meat stock climbed from an initial public offering price of $25 on May 1 to almost $240 by the end of July. By year-end, the company had fallen over two-thirds from its peak. Source: Shutterstock Of course, even after the decline,
Domestic equities continued grinding higher even as the new coronavirus outbreak worsens. Recent data indicate the number of confirmed cases is approaching 25,000 with nearly 500 deaths on a global basis, but stocks are shrugging off those headlines as the S&P 500 approaches a three-day gain of about 3%. The S&P 500 gained 1.13%. The
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
A new client recently told us that he didn’t want to own Boeing. He did not cite the two planes that crashed or Boeing’s enormous consumption of fossil fuels. His primary concern was the integrity of its management. We mentioned that a new management has taken over the company, but he responded that that there
Currently, U.S. equities like internet stocks are extending to the upside, as investors act like the coronavirus never happened. This comes as the pandemic remains largely relegated to China, and Gilead (NASDAQ:GILD) works on an anti-viral treatment that is headed to human trials. Additionally, the end of the impeachment trial against President Donald Trump and
Beleaguered oil and gas firm Chesapeake Energy (NYSE:CHK) is again generating headlines for the wrong reasons. Recently, a Reuters report revealed that the daughter of a worker who was tragically killed in an oil-well explosion sued Chesapeake and three other organizations, claiming in part an unsafe work environment. Although it won’t kill CHK stock on
Stocks added to their gains for the week, with the S&P 500 again inching higher on Thursday. That said, here’s our top stock trades going into Friday. Top Stock Trades for Tomorrow No. 1: Alphabet (GOOG, GOOGL) Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) stock flirted with a larger breakdown, but was able to hold in amid the post-earnings
Kevin Matras goes over a neutral option strategy that’s put on as a credit in your account. It is the perfect strategy during times of market uncertainty.