The market expected a 100 bcf withdrawal Ten weeks left until the 2020 injection season The price sits at a low level After falling to a low of $2.083 per MMBtu on the nearby February NYMEX futures contract on January 3, the price of natural gas has been crawling higher. The price reached its
Once again, U.S. stocks look just a bit wobbly. The signing of a U.S.-China trade deal moved markets higher in early trading, but for the third time in four sessions, major indices faded into the close. Source: Shutterstock Obviously, there’s no reason for panic. But as we’ve noted in the space in recent days, there
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Morgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant’s shares continue to surge. However, the latter cautioned that inflated iPhone 12 expectations “may make the music stop” and questioned market enthusiasm about a “5G supercycle.” In
When insiders sell a stock, investors do not always get a clear signal on what that means. Automatic selling could send false bearish signals that are not there. Conversely, insiders buying shares suggests that the executive group is bullish on the company’s near-term prospects. Chances are low that insiders would buy shares if they did
My thesis on e-signature pioneer DocuSign (NASDAQ:DOCU) stock is pretty simple, and it ultimately boils down to the fact that while DocuSign is a great company, DocuSign stock is fully valued, and this full valuation will ultimately limit how much higher the stock will go in the near- to medium-term. Source: Sundry Photography / Shutterstock.com At this
Smile Direct has seen an unprecedented amount of growth in the past two and a half years. The company demonstrated almost 200% year-over-year revenue growth in 2018, and expected to grow roughly 80% through 2019. Smile Direct: https://www.zacks.com/stock/quote/SDC?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Lead by technology and financial services names — two of the three largest sector weights in the S&P 500 — the major equity benchmarks ascended to fresh records Thursday as the Senate approved the U.S.-Mexico-Canada free trade agreement, one of the cornerstones of President Trump’s 2016 campaign. Source: Provided by Finviz The S&P 500 advanced 0.84%
A man runs past the New York Stock Exchange (NYSE). Bloomberg There already have been six new all-time highs for stocks in the 12 trading days of 2020, putting the S&P 500 up close to 3% since the year started. After a 2019 in which the equity index gained over 30%, is it too much,
Chinese e-commerce companies seem to be on a roll. Alibaba (NYSE:BABA) has been trending higher over the last few months, and JD.com (NASDAQ:JD) is not far behind. After an extended period of consolidation, JD.com stock has climbed 27% over the last three months. Source: Sundry Photography / Shutterstock.com I believe that, from a technical perspective,
My thesis on small Canadian cannabis producer Hexo (NASDAQ:HEXO) and Hexo stock has been very simply for a long time. It goes something like this. Source: Shutterstock There are a lot of pot stocks out there. When all is said and done, only a few of them will survive and become global cannabis giants —
Earnings season looms next year at a key point for the market. U.S. stocks are at all-time highs, and need a strong batch of earnings reports to keep the momentum going. Source: Shutterstock That’s particularly true for the three stocks featured in Friday’s big stock charts. Technically, all three names have clear potential for big
The insistent refrain “new all-time record” has been played so often recently that it sounds like a broken record. For readers born after the age of vinyl, the term refers to when the needle gets stuck in a groove, repeating a phrase over and over until you either move the arm or throw the record
The past five years have not been good for buyers of value stocks. The iShares S&P 500 Growth ETF (NYSEARCA:IVW) delivered a return of more than 70% between 2015 and 2019 compared to a 41% return for the iShares S&P 500 Value ETF (NYSEARCA:IVE). Overall, value stocks have been underperforming their growth brethren since at
For the past six weeks, several analysts on Wall Street have sung a bullish tune about shares of cloud communications giant Twilio (NYSE:TWLO). Specifically, Bank of America, Northland Securities and Oppenheimer have all come out and called Twilio stock a “top pick” over the past six weeks, citing strong fundamental momentum and a relatively attractive
The stock market continues to grind out new record highs, as equities pushed higher on Friday. Remember, Monday is closed in observation of Martin Luther King Jr. Day, so let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tuesday No. 1: Boeing (BA) Boeing (NYSE:BA) stock is moving lower on
Boeing (NYSE:BA) found itself grounded for most of 2019. Source: Alex JW Robinson / Shutterstock.com Even now, Boeing stock still faces plenty of headwinds. Just this week, for example, news hit that Airbus (OTCMKTS:EADSY) delivered twice as many airplanes to customers in 2019. Worse, for the first time in three decades, Boeing had a negative
Amid the much hyped but ultimately disappointing spate of initial public offerings stands Luckin Coffee (NASDAQ:LK). Unlike names such as Uber (NYSE:UBER) or Lyft (NASDAQ:LYFT), Luckin doesn’t deal with technology per se. Rather, it focuses on delivering a longtime crowd favorite, coffee, to an emerging economic superpower. But has the dramatic enthusiasm for LK stock
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama / Getty Images TE Connectivity This week, Wells
In this weeks Best Stock Charts we talk about the impeachment trial and its impact on volatility and the stock market. ✅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
The market remains in a runaway rally, with bulls keeping their foot on the gas. Investors saw more record highs in the stock market today, as the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all hit new records on Friday. We wrapped up the start of earnings this week, with most of the