Traders work on the floor at the New York Stock Exchange, October 3, 2019. REUTERS/Brendan McDermid Brendan McDermid | Reuters Stocks have whipsawed investors more in the past two weeks than they have since early October, and it’s likely that type of volatile trading will continue. Even with Monday’s rally, analysts were skeptical that the
Just recently, I was appalled to find an ostensibly respectable commentator declaring that value stocks are “toxic.” I would consider Walmart (NYSE:WMT) a classic example of a company that provides value to shareholders. So, does this mean that Walmart stock is “toxic?” Source: Ken Wolter / Shutterstock.com To me, value is foundational if not fashionable;
Chesapeake Energy (NYSE:CHK) looked to be on the mend. From late November, the shares went from $0.57 to $0.95. But unfortunately, the gains proved to be temporary. Keep in mind the CHK stock is now at $0.52. Source: Casimiro PT / Shutterstock.com Even though the company is at penny-stock levels, the valuation on the equity
Gold bumped it’s head against $1,590 in Monday trading overseas, and has backed off to $1,580 in US premarket trading. Which gives us a chance to follow up on Friday’s ruminations about coronavirus and its effects on precious metals prices. First, a chart to understand what we’re looking at price-wise. This is GLD, the unleveraged US-market
In Swing Trading Today we discuss after reporting strong earnings if it is time to buy Tesla, Microsoft and Facebook. ✅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 with trading- Then we focus on them until they
We have highlighted two ultra-cheap, buy-ranked ETFs that provide broad exposure to the technology sector (XLK, VGT). SPDR Technology Select Sector SPDR Fund: https://www.zacks.com/funds/etf/XLK/profile?cid=CS-YOUTUBE-FT-VID Vanguard Information Tech ETF: https://www.zacks.com/funds/etf/VGT/profile?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
It wasn’t the Monday that investors were expecting. On Sunday evening, ahead of the Super Bowl, Asian equities were getting hammered and U.S. stock futures were set to open down. Surprisingly, they opened higher and those gains carried through into the stock market today. The S&P 500 rallied over 1% at one point, as investors
Elon Musk, chief executive officer of Tesla Motors David Paul Morris | Bloomberg | Getty Images Investors betting against Tesla‘s stock have lost more than $8 billion since the beginning of the year, according to data from S3 Partners, including nearly $2.5 billion in losses on Monday’s surge alone. Tesla has more short sellers than
Even as OPEC and Russia consider an emergency production cut, oil is tanking and the outlook for prices is getting dimmer. West Texas Intermediate crude futures were below $50 per barrel in late trading Monday, after closing at $50.11, a decline of 23.7% from its Jan. 8 intraday high of $65.65 per barrel. WTI first
In focusing its efforts on two distinct segments of the cannabis market, Aphria (NYSE:APHA) has a good chance of carving a niche. It currently has its sights on the consumer packaging group and wellness arenas. It has to do this. And it has to be the leader. Source: Shutterstock The monstrous inflow of money in
U.S. equities are rebounding after an overnight bloodbath in the Chinese markets as fears of the spreading coronavirus remain largely relegated to China. As of right now, the spread into Western countries seems largely contained. And the latest reports are that Gilead (NASDAQ:GILD) is preparing to conduct human vaccine trials, raising hopes of a quick
A higher low, but an ugly technical pattern OPEC meeting in March The wrong time to get overly bearish On January 8, as tensions between the US and Iran rose to a boiling point in the Middle East, the price of crude oil rose to its highest level since April 2019 and came within 95
Nike shoes are displayed at a Nike Store in San Francisco, California. Justin Sullivan | Getty Images Analysts on Wall Street recommend buying the recent dip in Nike’s stock, which is getting hit on worries about the impact of the coronavirus epidemic. UBS upgraded shares of Nike to buy from neutral and JPMorgan added the
Democratic 2020 presidential candidate Senator Bernie Sanders (I-VT) speaks with reporters as he walks through the Iowa State Fair in Des Moines, Iowa on August 11, 2019 Alex Edelman | AFP | Getty Images Iowa’s Democratic presidential caucus Monday is a step toward narrowing the far-flung field of Democratic candidates, and investors could start getting
Canopy Growth (NYSE:CGC) delayed the launch of its cannabis-infused drinks line because of extra work needed to scale up its production. While investors seem ambivalent to the delays, several of my InvestorPlace colleagues believe this is the kiss of death for CGC stock. Source: Jarretera / Shutterstock.com Here’s why I believe they’re wrong. Recently-appointed Canopy
Normally, investors are encouraged to “think like an investor, not a customer” when considering whether to buy a stock. The thinking is that no matter how much we like a product, fundamentals matter. Source: Casimiro PT / Shutterstock.com In the case of Chesapeake Energy (NYSE:CHK), I want to encourage any remaining bulls to do something
Only once since March 22 did the S&P 500 decline further than it did on Friday, when the index dropped 1.79%. And it has been exactly four months since the index saw even the 3.3% pullback it has posted over the past six sessions. Source: Shutterstock Those figures highlight the reason for caution toward U.S.
Kevin Matras explains how Zacks Ultimate works in this educational video.
A Columbia Sportswear Company sign hangs in front of their store at the Woodbury Common Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening
Democratic presidential hopefuls Vermont Senator Bernie Sanders (L) and former Vice President Joe Biden chat during a break in the fourth Democratic primary debate of the 2020 presidential campaign season co-hosted by The New York Times and CNN at Otterbein University in Westerville, Ohio on October 15, 2019. Saul Loeb | AFP | Getty Images