For 30-plus years, Mike Hammer has been an ardent follower, and often-times trader, of gold and silver. With his own money, he began trading in ‘86 and has seen the market at its highest highs and lowest lows, which includes the Black Monday Crash in ‘87, the Crash of ‘08, and the Flash Crash of
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said on Friday that he does not believe President Donald Trump would be willing to roll back existing tariffs on Chinese goods by half in order to get a “phase one” trade deal. “There’s no rollback by half. That story is just not accurate,” Cramer said
Check out the companies making headlines before the bell: Oracle (ORCL) – Oracle beat estimates by 2 cents a share, with quarterly profit of 90 cents per share. The business software giant’s revenue fell short of Wall Street estimates and its current-quarter earnings outlook falls largely below Wall Street forecasts. Separately, Chairman Larry Ellison said
I have written about Amazon (NASDAQ:AMZN) stock many times before and I have been consistent with my message. Long term, AMZN stock will be higher. This management team under the leadership of Jeff Bezos has earned the benefit of the doubt. They have executed very well on their plans for over a decade. That’s how
Shopping centers continue to die, leaving behind vast swaths of undeveloped parking lots. This undiscovered country makes Simon Property Group (NYSE:SPG), the largest owner of shopping malls in the United States, worthy of investment. Source: Jonathan Weiss / Shutterstock.com But if that doesn’t excite you, take time to consider the dividend, $8.40 over the last
Hexo (NYSE:HEXO) has been on my radar for a while, and not in a good way. Hexo stock seems to consistently find new ways to disappoint. Source: Shutterstock Over the past few months, I’ve said over and over and over again that investors should avoid shares of the Canadian cannabis producer. The thesis has remained
U.S. stock futures are extending yesterday’s trade deal-inspired rally. President Donald Trump took to Twitter (NYSE:TWTR) Thursday morning to announce that the U.S. and China were closing in on a “big deal.” Later in the day, news outlets reported that both countries had reached a phase-one trade deal in principle. Source: Shutterstock Against this backdrop,
Price weakness early in the week The market expected a draw of around 53 bcf Stocks are high, but the price remains deeply oversold Natural gas futures on the New York Mercantile Exchange division of the CME gapped lower from the low of $2.328 last Friday, December 6, to its high of $2.258 per MMBtu
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René Lacerte, CEO and founder of Bill.com Source: Bill.com Shares of fintech company Bill.com soared a whopping 60% on its first day of trading on the New York Stock Exchange on Thursday. Bill.com, which sells software services to small- and medium-sized business to help with payment processes, was priced at $22 per share before its
President Donald Trump delivers remarks at a Keep America Great Rally at the Rupp Arena in Lexington, Kentucky, November 4, 2019. Yuri Gripas | Reuters President Donald Trump is not expected to impose new tariffs on China this weekend, but he may not have much of a trade deal to show either. That promise, however,
Computer chipmaker Nvidia (NASDAQ:NVDA) has handsomely rewarded investors who bought the company’s stock after last fall’s calamitous drop. Source: JHVEPhoto / Shutterstock.com Since bottoming out last December, Nvidia stock is up more than 70%. The question is, trading at around $220 now, does NVDA still have significant upside? Or are investors looking to get in
There are controversial companies across nearly every sector and industry. Then there are tobacco companies, arguably the aristocracy of controversy generators among publicly traded stocks. It’s nearly 2020, but tobacco companies like Altria (NYSE:MO) are still viewed as purveyors of turbulent headlines. Source: Kristi Blokhin / Shutterstock.com Altria, the company behind Marlboro cigarettes and Copenhagen
Back in mid-September, I wrote on InvestorPlace that caution was warranted on cloud computing and virtualization software giant VMware (NYSE:VMW) for one very simple reason: valuation. Specifically, I said that although the outlook of VMware in cloud virtualization was good, it wasn’t good enough to warrant the high valuation of VMW stock at the time. Source: Sundry
Stocks rallied Thursday due to a familiar catalyst: positive trade talks. However, this time could be different because the U.S. and China have agreed, in principle, to Phase I of a trade deal. That accord now awaits President Donald Trump’s signature. Source: Courtesy of Finviz The S&P 500 surged 0.86% The Dow Jones Industrial Average soared
The Federal Reserve had its last meeting of the year yesterday, and not surprisingly, the meeting was a non-event with no further cuts. The Fed noted that we were likely to see a pause next year, while it watches to see how things shake out for the economy. Ultimately, this is a good sign for
The best way to use the Zacks Rank with Options is to know what style your stock falls into and which strategy best suits that style.
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A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters General Electric shares rose after a new analyst at UBS assumed coverage on the troubled conglomerate with a buy rating. “We believe the stock is at a positive inflection point