U.S. equities made another new high on Friday — and no, I didn’t just copy and paste that from every other day this week. That said, it’s pretty clear bulls are in control at the moment. Let’s look at a few top stock trades for Monday, the last full trading day before the holidays. Top
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange. Bryan R. Smith | AFP | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click .) Many Wall Street analysts
Okta (NASDAQ:OKTA) is a cloud software company that provides identity and access management services, putting it in the scorching hot software-as-a-service arena. Source: Michael Vi / Shutterstock.com Although shares of Okta are up 80% year-to-date, the company’s market capitalization of $14 billion puts the stock at the higher end of mid-cap territory, one of the
Dividend stocks that buy back their own shares often have a good chance of doing well. And there are a couple of reasons for this. For one, stock buybacks help push up the stock price. In addition, over time the smaller number of shares outstanding allows the company the raise the dividend per share. The
One of the most difficult things for an investor to learn is when they have stocks to sell. That’s because it’s in our nature to look for the rags-to-riches story. Plus, let’s face it — on more than one occasion, a stock that was left for dead has rebounded to reach new heights. However, the
How’s this for bullish? The only day this week that the SPDR S&P 500 ETF (NYSEARCA:SPY) didn’t make new highs came on Wednesday, when it matched the prior high from Tuesday. It’s worth mentioning that the SPY made new all-time highs last Thursday and Friday too. So to say bulls enjoyed another session in the
ICE’s announcement about building a new ecosystem for digital assets is a double-edged sword for… [+] cryptocurrencies. Photo credit: Shutterstock Intercontinental Exchange (NYSE: ICE), parent of the New York Stock Exchange, today announced it is building Bakkt, a new ecosystem for cryptocurrencies, along with several partners. This is a major step in the mainstreaming of bitcoin
Democratic presidential candidates do not seem particularly concerned about Americans’ retirement savings accounts, CNBC’s Jim Cramer said Friday. “I listened to the Democratic debate last night. None of those candidates, I find, is really interested in your 401(k),” Cramer said on “Squawk on the Street.” Seven candidates qualified for Thursday’s primary debate in Los Angeles,
Nike sneakers on display Mike Pont | Bloomberg | Getty Images Check out the companies making headlines in midday trading. U.S. Steel — U.S. Steel shares dropped 8.1% after the company cut its dividend and issued fourth-quarter earnings guidance that was well below analyst expectations. The company expects it will lose $1.15 per share in the
Global technology giant IBM (NYSE:IBM) performed great during the first three quarters of 2019. From January to September, IBM stock rattled off a 30% gain as investors became enthusiastic about the company’s acquisition of Red Hat. They thought the deal would usher in a new era of sustainable growth by IBM. Source: Twin Design /
It’s true that the markets continue to rise, and stocks keep hitting new highs almost daily. It’s also true that we haven’t had a recession in almost a decade, which is very rare. But that doesn’t mean you should be complacent. Newton’s Law of gravity still endures. And next might be positive, but expectations aren’t
Okta (NASDAQ:OKTA) stock has struggled since peaking in July. It showed signs of recovering in the latter part of November. Still, trade concerns killed that rally, and its decline accelerated despite its positive fiscal Q3 results which it unveiled on Dec. 5. Source: Lori Butcher / Shutterstock.com Nonetheless, this shows why investors need to differentiate
Stocks advanced to close the week amid a slew of favorable economic data points and as President Trump said a formal signing of Phase I of a trade accord between the U.S. and China is being arranged, allaying fears that the agreement would be delayed. Source: Provided by Finviz The S&P 500 advanced 0.49% The
It’s been a frustrating few months for investors in the silver space (SLV), with the metal underperforming the S&P-500 (SPY) by more than 20% since September alone. This significant underperformance shouldn’t be all that surprising, as an asset class tends to perform terribly when everyone is raising price targets to 25% above current levels (as
Michael Farr Scott Mlyn | CNBC Farr, Miller & Washington is a “buy-to-hold” investment manager, which means we make each investment with the intent to hold the position for a period of 3-5 years. Nevertheless, in each of the past twelve Decembers I have selected and invested personally in ten of the stocks we follow
2019 has been an excellent year for U.S. stocks to buy. The S&P 500 has risen 27.3% so far this year. It and other broader market indices trade at all-time highs. Unsurprisingly, most stocks have performed well this year. Just 14% of S&P 500 components have declined year-to-date. 27 of the 30 members of the
Seemingly everywhere you look, the narrative for Plug Power (NASDAQ:PLUG) appears positive. Primarily, both the U.S. and the world are increasingly gravitating toward clean energy. This dynamic supports PLUG stock, as the underlying company specializes in hydrogen fuel cells. Unlike gasoline combustion mechanisms, the only exhaust product of hydrogen-powered vehicles is water. Source: Shutterstock On
The pattern of bullish-leaning opens for U.S. stock futures continues this morning. Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average and S&P 500 are higher by 0.15%. Nasdaq Composite futures have gained 0.29%. In the options pits, call volume surged to a level that nearly doubled total put trading. Approximately
The market expected around a 78 bcf decline in stocks The EIA reports a drop of 107 bcf The market yawns and the price stays near the recent lows The price action in the natural gas futures market continues to be bearish even though the official start of the winter season was on Saturday, December
A man uses a credit card to pay for gas in Miami, Florida. Getty Images America is a nation of contrasts, and credit card debt is no exception. With unemployment at a 50-year low and the stock market hitting record highs, confident consumers are spending with abandon, adding a projected $80 billion in U.S. credit