Tonight on Thursday Night Stock Charts Live we discuss Amazon and Facebook earnings and we will look at their charts. We will also discuss if we are seeing the large cap stock market names getting ready to break down. So, is it time to short the stock market or is now a good time to
CNBC’s Jim Cramer said President Donald Trump’s Thursday morning tweet that suggested delaying the November election could cause problems for equity investors. “It sows chaos, and chaos is bad for the stock market,” Cramer said on “Squawk on the Street.” Dow futures extended their fall slightly in the wake of Trump’s tweet. They then made
Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Earnings reports are coming in fast and furiously, and with a large percentage of companies declining to provide guidance, reporters and analysts are combing through corporate press releases and earnings calls for signs of how business is doing. Semiconductors continue to be the all-round winner Equipment maker
Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products company earned $1.16 per share for its fiscal fourth quarter, 15 cents a share above estimates. Revenue came in above forecasts as well. Organic sales rose 6%, with particular strength in cleaning products boosted by
Some companies seemed to come out of the woodwork during the spread of the novel coronavirus. Alpha Pro Tech (NYSEAMERICAN:APT), for example, was relatively unknown to the trading community prior to this year. Today, APT stock is not only heavily traded, but it’s also starting to look expensive. Source: Pavel Kapysh / Shutterstock.com By that
Not that long ago, Tesla (NASDAQ:TSLA) was struggling to prove the concept of electric vehicles. Today, seemingly everyone wants to get in on the action. The latest to intrigue speculators is Fisker. Currently, the automaker is negotiating a merger deal with Spartan Energy (NYSE:SPAQ), a Special Purpose Acquisition Company (SPAC). Although SPACs have distinct risks,
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
The stock market is holding up well because it believes three things are happening: A vaccine is coming, there will be almost infinite stimulus from the Federal Reserve, and the second quarter was the worst for corporate profits and those profits will slowly improve. But there’s a subtext to much of the belief in higher
A closed sign is displayed in the window of a business in a nearly deserted lower Manhattan on April 17, 2020 in New York City, Spencer Platt | Getty Images When the government releases gross domestic product data on Thursday, it is expected to show an unprecedented contraction of nearly 35% in the second quarter
The lockdowns that came along with the novel coronavirus outbreak have been a boon for some businesses and a disaster for others. One of the industries that has benefited most from people being locked up in the homes has been gaming. Gaming stocks climbed steadily over the past few months, but now that people are
Wells Fargo (NYSE:WFC) posted its first quarterly loss since 2008 and cut its quarterly dividend by over 80.4% from 51 cents to 10 cents per share. However, Wells Fargo stock will survive this just fine. I suspect Wells Fargo will restore the dividend after the novel coronavirus recession ends. Source: Martina Badini / Shutterstock.com Moreover,
Sometimes I get asked to write an article and feel like my InvestorPlace colleagues have said everything I can think of saying. That’s the case with Hertz (NYSE:HTZ). The company is in bankruptcy proceedings, yet somehow Hertz stock has become the apple of speculators’ eyes. Source: aureliefrance / Shutterstock.com Because of this interest in Hertz
What more do we need than the thick of earnings season? How about a Fed day? Let’s look at a few top stock trades as the markets continue to wade through what should — and could end up being — some real volatility. Top Stock Trades for Tomorrow No. 1: PayPal (PYPL) PayPal (NASDAQ:PYPL) will
1. Wall Street to bounce after two session decline 2. Gold hits all-time high as U.S.-China tensions flare As stocks surge, gold has also been moving higher, with prices hitting a record high Monday morning as relations between the U.S. and China continue to deteriorate. Gold jumped above $1,943 per ounce before moderating some of
Take a look at some of the biggest movers in the premarket: Boeing (BA) – The jet maker reported a quarterly loss of $4.79 per share, wider than the loss of $2.54 anticipated by analysts. Revenue was well below estimates as well – amid the overall slowdown in the aviation industry. Boeing also announced a
American Airlines (NASDAQ:AAL) may take a good deal longer than originally thought to turn around. This already seems clear in the recent movements in AAL stock. But I believe this could be an opportunity to buy the stock on the cheap. Source: GagliardiPhotography / Shutterstock.com After reaching a recent high of $20.31 on June 8,
ElectraMeccanica Vehicles (NASDAQ:SOLO) wouldn’t be the first to attempt to succeed where others have failed. It’s just the latest. And in fairness it might have the best shot. Investors seem to think so. SOLO stock is up over 170% since early June. Source: Shutterstock Consider me skeptical. But then I would fit David Moadel’s label
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
Virgin Galactic is giving its customers a first look inside the cabin that will carry them to the edge of space and back, as the space tourism company gets closer to finishing development of its spacecraft. “Every seat is a window seat,” Virgin Galactic design director Jeremy Brown told CNBC about the interior. The cabin’s design
A customer leaves a Sherwin-Williams Co. store Daniel Acker | Bloomberg | Getty Images With one-third of the S&P 500 reporting, there’s a battle shaping up between two stories. One is somewhat bearish: The reopening is slowing, and the second half will not see the V-shaped recovery anticipated at the height of reopening euphoria in