The decline for Chesapeake Energy (NYSE:CHK) continues unabated. The stock is already lower by 82% from 2019 highs of $3.44. As fundamental concerns persist, there is little reason to believe that CHK stock can bounce back in the foreseeable future. At this point, between investor worries and formidable headwinds, Chesapeake Energy doesn’t look good. Source:
U.S. equity investors can breathe a little easier after a solid performance on Wednesday. After three sessions of declines, major market indices all rose at least half a percent. Combined with strength in the second half of Tuesday’s trading, a broad sell-off seems averted for the time being. Source: Shutterstock To be sure, risks persist.
What did that do for silver prices? Here is the “before” story as told by SLV, the unleveraged silver ETF that trades on US markets. (credit Fidelity.com) As you can see, silver has been trading in a very narrow band for the past several weeks. In this case the trading range – running between opening
Today we discuss the stock market and how it might be impacted by Brexit and the China Trade deal. ✅Join out VIP Private Group session invitation list free! (we hate spam too) http://eepurl.com/gsysiL ======================================================= ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they
Billionaire businessman Ken Langone told CNBC that he used Tuesday’s stock market drop as a buying opportunity. “Where else can you go to get some kind of a decent rate of return, than equities,” Langone said. “Balance sheets are in pretty good shape. I think the economy has got 1.5% to 2% in it next
Check out the companies making headlines after the bell: Joel Anderson, CEO, Five Below Scott Mlyn | CNBC Five Below — The retailer said its comparable sales rose 2.9% in the third quarter, versus the 2.6% that analysts had expected. Its shares were up over 4% in extended-hours trading. Verint Systems — Shares of the
Activision Blizzard (NASDAQ:ATVI) stock returned 18.5% in November, including dividends, and is now trading around $54. That’s significantly better than Activision Blizzard’s performance in early June, when ATVI tested $40. Source: madamF / Shutterstock.com ATVI stock last traded above $80 in September 2018, hitting an all-time high of $84.68 before collapsing to $47 by the
Canopy Growth (NYSE:CGC), with a $6.5 billion market capitalization, and 2.7 billion CAD in cash, remains better positioned than most of its peers. Source: Shutterstock Nonetheless, like most other marijuana equities, it continues in a downtrend. Worse, little on the horizon has appeared that could keep Canopy around. This decline could bring a grim scenario
Investors that have been actively engaged with the U.S.-China trade spat for the past several months know there aren’t many certainties except that situations can turn on a dime. In other words, stocks can go from dismal days (yesterday) to excellent showings (today) rather rapidly. The S&P 500 jumped 0.63% The Dow Jones Industrial Average soared
You probably noticed gold popped up yesterday. In case you didn’t, here’s the 5-day chart for gold. (credit: Fidelity.com) What are the reasons behind such a jump, right when half the world was writing gold off? The first piece of the puzzle is plain old demand. While much of the news about gold relates to
A cashier places a bag of items in a customer’s shopping cart at a Target Corp. store in Chicago, Illinois, U.S., on Saturday, Nov. 16, 2019. Daniel Acker | Bloomberg | Getty Images As retail continues to evolve thanks to e-commerce, big box retailer Target is finally keeping up, according to Cowen. The firm named
Check out the companies making headlines before the bell: Campbell Soup (CPB) – Campbell Soup reported a better-than-expected quarterly profit, although sales were slightly below expectation as organic sales fell by 1%. The company saw an increase in its share of the soup market for the first time in 10 quarters. Alphabet (GOOGL) – The
A businesses’ valuation depends on its ability to generate cash flows on a sustained basis. Even for early-stage companies, valuation largely depends on expected cash flows. Facebook (NASDAQ:FB) is a money-spinner and as cash flows swell, I expect Facebook stock to continue trending higher. Source: fyv6561 / Shutterstock.com Facebook has been on an uptrend in
After falling to prices as low as $1.19 per share, Nio (NYSE:NIO) stock is rebounding. And after reporting higher than expected deliveries, and launching a new partnership with Intel’s (NASDAQ:INTC) Mobileye, the Chinese electric vehicle (EV) startup appears to be better positioned. Source: Sundry Photography / Shutterstock.com The Nio stock price has jumped over 100%
When it comes to U.S. stocks, there’s good news and bad news. The bad news is that the market-wide losing streak extended to three sessions in trading Tuesday. The good news is that investors stepped into the decline, with broad indices closing well off early-session lows. Source: Shutterstock Long-running concerns about U.S. manufacturing and the
It’s been a frustrating few months for investors in the metals complex, with the pattern of rate-cuts being a boon for the gold price (GLD) coming to an abrupt end in late August. While the Fed’s pivot from being hawkish and the July rate cut put a fire under the precious metal, the September and October cuts
Yesterday’s stock market sell of was met with late day technical buying. Does this mean we have hit the bottom and it is time to buy stocks? In this video we discuss the charts. ✅Join out VIP Private Group session invitation list free! (we hate spam too) http://eepurl.com/gsysiL ======================================================= ✅Please Take Our 2 minute Survey-
If a U.S.-China trade deal is off the table, stay away from the stock market, says Jeremy Siegel, Wharton School professor of finance. The Dow Jones Industrial Average lost more than 250 points after President Donald Trump indicated he might wait until 2020 to strike a trade deal with China. The White House reportedly still plans
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters President Trump’s comment that he had no deadline on a China deal has predictably thrown markets into a tizzy, as the self-imposed deadline of Dec. 15 for additional tariffs is now less than two weeks away. The market is now
Larry Page, co-founder and chief executive officer at Google Inc. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Google’s parent-company Alphabet edged nearly 1% higher after the company announced that Larry Page will step down as CEO and Google CEO Sundar Pichai will take