Second quarter results from AMD (NASDAQ:AMD) indicate that I was partially right and partially wrong about AMD stock. The chip maker’s FY2020 Q2 earnings call suggested that I was right about its weaknesses but underestimated its strengths. Source: Casimiro PT / Shutterstock.com On-Target About AMD’s Weaknesses In multiple columns about AMD stock this year, I
Within a day of each other, one analyst covering American Airlines (NASDAQ:AAL) upgraded AAL stock and one downgraded it. It seems analysts are having a hard time deciding whether the airline is likely to recover in 2020. In my opinion, American Airlines is the worst investment of the Big Four U.S, airlines and only should
The markets gapped higher and slowly churned throughout Monday’s trading session. And after a big week of earnings, we have another full slate of quarterly results to get through. With all of that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: Chewy (CHWY) I
Toying with $40 per barrel since June Open interest is trending lower Two bullish signs- The price action after the taper and even though the number of cases in the US rise The crude oil is about to enter its third month of price consolidation around the $40 per barrel level on the nearby NYMEX
The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Shares of DiamondPeak Holdings, a special purpose acquisition company, jumped more than 20% during premarket trading on Monday after the company announced that it will
Bloomberg | Getty Images Check out the companies making headlines midday Monday: Nio — U.S.-traded shares of the China-based electric vehicle company jumped more than 10% after Nio reported July delivery figures. The company said that July deliveries jumped 322% year over year to 3,533 vehicles. Through the end of July the company has delivered
Insurance companies have been around for as long as we can remember, but the lack of innovation has made this industry ripe for disruption. Enter Lemonade (NYSE:LMND), the “insurtech” startup that hopes to make insurance cool again. Fresh off its Initial Public Offering (IPO) in July, Lemonade stock rallied 138% and pushed the company’s market
After peaking at over $100 earlier in July, sellers pulled Fastly (NYSE:FSLY) shares down to below the $80 level. Last week, FSLY stock rose by over 20% ahead of its earnings report scheduled for August 5, after the market closes. Source: Pavel Kapysh / Shutterstock.com Why are investors so enamored with this application software company?
Getty Images Check out the companies making headlines in midday trading. Kodak — Shares of Kodak soared about 330% after President Donald Trump tapped the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic. The shares skyrocketed as much as 570% at one point. Trading was halted more than 15 times Wednesday
Nvidia (NASDAQ:NVDA) stock is on a high once again, doubling in value after falling to $196.40 a pop in mid-March. Panic induced selling hit the tech sector hard after the novel coronavirus struck, but several stocks have bounced back. NVDA stock is no different. Source: JHVEPhoto / Shutterstock.com Its recent quarterly results reinforce the fact that
When trading volumes surged to record levels, that may have signaled the end of Nio’s (NASDAQ:NIO) rally on the stock market. NIO stock peaked at $16.44 in early July, driven by three positive catalysts. Source: xiaorui / Shutterstock.com Strong monthly delivery numbers, China-based stocks trading at new highs, and hype on Tesla (NASDAQ:TSLA) gave Nio
Getty Images The majority of companies have now reported their earnings, revealing the winners and losers from the ongoing coronavirus pandemic. Although many companies failed to meet analyst expectations, there are some notable exceptions. And with these fresh insights, analysts are reviewing their short-term and long-term take on the stocks they cover. In this unprecedented
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell: Qorvo — The semiconductor company’s stock jumped 7% in extended trading after Qorvo released financial results for its fiscal first quarter of 2021. Qorvo reported adjusted earnings of $1.50
For the most part, when big tech companies reported second quarter earnings this year, they smashed estimates and their stock prices responded favorably. Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) all followed that general trend. One noteworthy exception? Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). GOOGL stock hasn’t been climbing — it’s been falling. Source: BigTunaOnline/Shutterstock.com While Alphabet did top
Inovio Pharmaceuticals (NASDAQ:INO) is a hot stock to watch right now.The shares of INO stock are up more than 647% from a year earlier. Source: Ascannio / Shutterstock.com In some ways, that is surprising, given that the pharmaceutical company doesn’t currently have any products on the market. The stock jumped after Inovio entered the race
In Best Stock Charts This week we discuss the flash crash in Bitcoin this weekend. We review our stock market trades last week and then segue into our watch stocks for the new trading week. ✅Get Alerted 15 Minutes Prior To Going Live! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial –
Tonight Sunday Night Stock Market Live we will discuss the inverse correlation of Inflation vs. Gold, Silver, Bitcoin and answer this questions. Is inflation rising? And, should I buy gold, silver and commodities to protect and build wealth. Bob Desmond will use stock charts and technical analysis to discuss if this current bear market will
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Big tech could be about to make a big splash. Four of the market’s five biggest stocks report earnings within a single hour on Thursday afternoon and that could cause big volatility in after-hours trading and again on Friday. Apple, Amazon, Alphabet and Facebook — worth
Be it the top-down or bottom-up approach to stock selection, it’s important to analyze as many stocks as possible. Finding hidden gems from different industries often means scouring the world of OTC stocks. Over-the-counter stocks, or OTC stocks, can be found on the Over the Counter Bulletin Board (OTCBB). There are quality names from which
Over the past few months, I’ve supported the comeback narrative of Carnival (NYSE:CCL) and the cruise ship industry. At some point, CCL stock will make for a tremendous discounted opportunity. At the same time, you must look at reality. That means you should wait out the storm before pulling the trigger on Carnival. Source: Ruth