I’m normally largely bullish on big tech stocks, with the underlying theme being that these stocks represent the cream of the crop in the world’s increasingly most important and valuable industry. But, one big tech stock which I haven’t been bullish on recently — and which I remain cautious of — is eCommerce and cloud
Another day, another all-time high. However, we’re not seeing the euphoric upside rallies that some investors associate with new highs. In fact, it was a very choppy and for the most part, uneventful session in the stock market today. The SPDR S&P 500 ETF (NYSEARCA:SPY) spent most of the session within a few basis points
A bearish week in the natural gas arena- An Island on the daily and weekly charts A cold week across the US The recent price action could be another buying opportunity After trading to a high at $2.905 per MMBtu on November 5, the price of December NYMEX natural gas futures fell to a low
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FILE – In this Sept. 4, 2011 file photo shows the main plant facility at the Navajo Generating Station, from Lake Powell, in Page, Ariz. Two environmental groups are asking a federal court to set a deadline for the U.S. Environmental Protection Agency to issue mandates for pollution controls at two power plants, including Four
Traders work on the floor at the New York Stock Exchange, November 4, 2019. Brendan McDermid | Reuters It’s not very exciting, but the market keeps advancing almost every day. The S&P has been up 10 of the 13 trading days this month, yet market technicians do not seem concerned the market is getting too
A shopper exits an Urban Outfitters store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Urban Outfitters tanked more than 15% during extended trading after the retailer reported a third-quarter earnings miss on the top and bottom line. The company posted earnings
Chinese online e-commerce giant JD.com (NASDAQ:JD) delivered a fantastic third-quarter earnings report on Friday. Traders initially bid JD stock up as much as 5% on the results. But JD.com quickly sold off and actually went into the red by Friday afternoon. That reaction was ridiculous. JD stock should have risen sharply following such a great
Like most semiconductor stocks, Qualcomm (NASDAQ:QCOM) stock has had a wild ride in 2019. The stock plummeted over 30% early in the year. However in the last month, QCOM stock has recovered. And in the last ten days, the stock has closed at, and is settling near, its 52-week high. Source: photobyphm / Shutterstock.com Most
In the world of penny stocks, you have a bunch of high-risk, high-reward stocks. Some of those penny stocks are worth the risk, since there is a visible pathway for a brighter future and multi-bagger returns. For most of them, though, there is no visible pathway to a brighter future or multi-bagger returns, and as
Markets were stuck in a duel between varying considerations today. On one hand, there were new developments on the trade front. On the other, investors had to contend with some disappointment on the earnings and guidance fronts from some well-known brick-and-mortar retailers. Source: FinViz The S&P 500 shed 0.05% The Dow Jones Industrial Average fell 0.3%
Gold continues to hold above the key $1,420/oz weekly support for now. Bullish sentiment has come well off its August peak, down from 95% bulls to 40% bulls. While there’s no confirmation of a low yet, the odds are finally tilting in the bulls’ favor medium-term. The Fed’s pivot from tight monetary policy to loose
Ajit Pai Brad Quick | CNBC The Federal Communications Commission (FCC) announced on Monday that it will publicly auction off a valuable telecommunications asset, in a move investors viewed as a blow to U.S. satellite communications provider Intelsat. Shares of Intelsat dropped more than 40% in heavy trading volume after FCC Chairman Ajit Pai said
Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Coty — Shares of the cosmetic company jumped more than 1% after Coty announced it is taking a 51% stake in Kylie Cosmetics, Kylie Jenner’s
Baidu (NASDAQ:BIDU) announced third-quarter results on Nov. 6. While its results were generally better than in the second quarter, BIDU stock remains stuck at 2013 prices. Source: StreetVJ / Shutterstock.com In the first nine months of 2019, the company has repurchased $1.2 billion in Baidu stock. Here’s why it ought to do more. According to
In the past two months, there’s been a rotation in the market from growth stocks to value stocks. For dividend value stock investors, Exxon Mobil (NYSE: XOM) stock offers investors a great dividend yield, an excellent source of cash flow and a potential long-term earnings multiple expansion opportunity. XOM stock, so far flat for the
When it comes to Amazon (NASDAQ:AMZN) stock, a major driver has been the cloud business (known as Amazon Web Services or AWS ). It has not only provided strong revenue growth but has been highly profitable. Because of all this, AMZN has been able to fund its other businesses, such as for healthcare, streaming and
There are a lot of reasons to get defensive, although the action in the stock market today may not have investors thinking that way. Overnight futures indicated another higher open for stocks on Monday. That looked likely to pan out until reports hit the wire that Chinese officials are less confident in a trade deal
Is it time to buy weed stocks? We discuss this contrarian trade today.
The world is getting windier, which means a surge in wind-generated power could be coming. A new study led by Princeton University researchers found that from 1978 to 2010 wind speeds decreased by about 2.3% per decade, but that things began to shift in 2010. Between 2010 and 2017 speeds increased roughly 7%, which means