U.S. stocks again closed at all-time highs, but it’s not hard to get the sense that danger still lurks. Even Tuesday’s trading looks somewhat concerning: all three major indices faded into the close, with the Dow Jones Industrial Average closing modestly in the red. Source: Shutterstock The question at this point might be what catalyst
William “Bill” Gerstenmaier in his former role as NASA Associate Administrator for Human Exploration and Operations. NASA/Bill Ingalls SpaceX is only a couple of months away from its first attempt at launching astronauts and the company has brought in one of the foremost experts in human spaceflight to help it do so successfully. William Gerstenmaier,
Shoppers pass an Under Armour store in White Plains, New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Under Armour — Under Armour’s stock plunged more than 18% after missing revenue estimates for the fourth quarter. The sports apparel company reported adjusted earnings of 10 cents per share, in line
It’s been a tough start to the month for silver (SLV) with the metal giving up all of January’s advances and sitting near last month’s lows. One would think that this adverse price action might have spooked a few of the bulls, but speculative positioning in the metal would suggest otherwise. Rather than seeing some
Tracey Ryniec and Kevin Cook look at a big energy explorer and one of the hot gene editing biotechs. Occidental Petroleum: https://www.zacks.com/stock/quote/OXY?cid=CS-YOUTUBE-FT-VID CRISPR Therapeutics: https://www.zacks.com/stock/quote/CRSP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
TripAdvisor (NASDAQ:TRIP) cannot seem to catch a break. The stock is hovering near 52-week lows. Plus, with the coronavirus from China spreading in the region, no one wants to travel anywhere near the epicenter of the disease. The company is so lost that it is thinking of rebranding. Add in the upcoming job cuts, which
Major benchmarks have become volatile in the past few days, and 2020 has not treated Cisco Systems (NASDAQ:CSCO) stock all that well compared to many other tech names. In 2020, the stock is up about 2%. On the other hand, the PowerShares QQQ ETF (NASDAQ:QQQ) has risen about 8%. CSCO is expected to report its Q2 earnings
In mid-January InvestorPlace.com contributor Josh Enomoto authored a compelling cautionary note against owning FuelCell Energy (NASDAQ:FCEL) stock. In it, he called it a “penny stock” and “a low-confidence gamble.” He ultimately advised that most folks “should stay far away.” Personally, I don’t have a rule against buying low-priced stocks and I certainly won’t begrudge the good fortune
What coronavirus? U.S. equities pushed higher again on Tuesday, with the S&P 500, Dow Jones Industrial Average and Nasdaq Composite all notching new all-time highs. Given what’s going on in China — with more than 40,000 coronavirus cases and more than 1,000 deaths — it’s clear this is a serious situation. Combined with the quarantines, shut-downs
The Facebook analyst who downgraded the stock Tuesday told CNBC he is concerned about the growth of the social media giant’s advertising business. In particular, Pivotal Research Group analyst Michael Levine said he believes a slowdown in advertising from direct-to-consumer brands could spell bad news for Facebook. Instagram and Facebook are the most popular places
(L-R) CEO of Apple Tim Cook , U.S. President Donald Trump, Microsoft CEO Satya Nadella and Amazon CEO Jeff Bezos attend a meeting of the American Technology Council in the State Dining Room of the White House June 19, 2017 in Washington, DC. Olivier Douliery | Abaca | Sipa via AP Images President Donald Trump
Oil plunges 24.9% is under one month NYMEX crude oil futures fall to new lows on calm in the Middle East and Coronavirus- OPEC is in the background A level to watch on the downside at the end of March following the bearish reversal in January Crude oil is the energy commodity that powers the
[embedded content] The law of accelerating returns is a simple yet powerful economic concept, which could easily unlock 1,000%-plus returns in the stock market, help you explain America’s widening wealth gap, and give you the edge in a debate against Donald Trump, Bernie Sanders or Elizabeth Warren. Sound too good to be true? It’s not.
Nio (NYSE:NIO) has been in the fast-line lately. Since early October, Nio stock has soared from $1.30 to $3.70 – putting the market cap at $3.8 billion. Source: Sundry Photography / Shutterstock.com There are several drivers for this bull move. First of all, the company has been showing positive momentum with its deliveries. In December,
Recent trading certainly suggests that U.S. stocks are back on track. Two of the three major equity indices once again set all-time highs on Monday, while the Dow Jones Industrial Average sits less than four-tenths of a percentage point away. Source: Shutterstock But it’s not hard to believe that the market is on shakier ground
Tourists take a picture with the market bull near the New York Stock Exchange in New York City. Spencer Platt | Getty Images For decades investing legend Bob Farrell was a top Wall Street strategist known for predicting changes in overall stock market direction. Farrell, 88, was the chief stock market analyst and senior investment
Tom Steyer (L), Sen. Elizabeth Warren (D-MA), Sen. Bernie Sanders (I-VT) and former South Bend, Indiana Mayor Pete Buttigieg (R) listen as former Vice President Joe Biden (C) speaks during the Democratic presidential primary debate at Drake University on January 14, 2020 in Des Moines, Iowa. Scott Olson | Getty Images Vermont Sen. Bernie Sanders
Earlier this week, Tilray Inc. (TLRY) announced that it was laying off 10% of its workforce as part of a global restructuring – marking one more in a series of downsizings that have plagued the cannabis industry recently. A spokesperson says the company has 1,443 employees globally, with the majority in Canada and Portugal. The
In Swing Trading Today we discuss if given the supply chain shock is it time short of $AAPL using put options if it is time to buy the shares. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points
An interesting chart has been circling on Twitter (NYSE:TWTR) which uses historical data to make the case for buying value stocks over the next decade. The chart plots the relative performance of stocks with a low price-to-earnings multiple (aka, value stocks), versus stocks with high price-to-earnings multiple (aka, growth stocks), on a 10-year annualized basis.