As optimism rises for a phase-one trade pact between the U.S. and China, so too does the stock market. The S&P 500, Dow and Nasdaq all notched another new all-time high on Thursday. Let’s look at a few top stock trades going forward. Top Stock Trades for Tomorrow No. 1: Roku (ROKU) Shares of Roku
A rally coming into this week’s data release The market expected a 54 bcf injection The EIA reported an injection of 56 bcf The realization that the winter season has arrived lifted the price of December natural gas futures over the recent trading sessions. Since mid-October, December futures have moved from $2.388 to a high
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A customer pays for his purchases inside a Lowe’s store in Cary, North Carolina. Jim R. Bounds | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Wednesday: Raymond James initiated Lululemon & Nike as ‘outperform’ & Footlocker as ‘underperform’ Raymond James said in its initiation of several retailers that overall
People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Roku shares tanked more than 15% during extended trading despite the
On Oct. 29, Electronic Arts (NASDAQ:EA) announced that its EA Access subscription service would be available on Steam, an online gaming community, starting next spring. The move returns EA to Steam after an eight-year absence. The deal should be good for EA stock. Here’s why. Greed Hasn’t Been Good for Electronic Arts Stock I Source:
It’s not a good year to be a tech unicorn. The latest example of this has been eCommerce retailer Wayfair (NYSE:W). Wayfair stock has been on fire over the last few years as the firm has been able to successfully compete against the Amazons (NASDAQ:AMZN) and Walmarts (NYSE:WMT) of the world. However, that growth seems to
It was another quiet session in the stock market today. The SPDR S&P 500 ETF (NYSEARCA:SPY) was about flat on the day, as investors continue to digest the big gains over the past few weeks. It’s hard to make the bearish case with stocks continuing to hold up. A day after rumors swirled around a
(credit: Your Friendly Gold Enthusiast) What the reports seem to say so far is that revenues are generally up, as expected. Gold prices were about 250 USD higher in 2019 Q3 than in 2018 Q3, and higher on average this quarter than last. Higher revenue was expected by many analysts, including your own Gold Enthusiast.
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., U.S., on Friday, Oct. 18, 2019. Al Drago | Bloomberg | Getty Images Central banks have been giving cheap money to investors who have been injecting it into companies that are often
President Donald Trump and China’s President Xi Jinping chat as they walk along the front patio of the Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, U.S., April 7, 2017. Carlos Barria | Reuters Ever since President Donald Trump said he and President Xi Jinping would meet to sign a trade deal, Wall
It’s certainly possible that Nvidia (NASDAQ:NVDA) stock has run too far. Nvidia stock has gained roughly 50% just since late May. Certainly, the news of late has been good — but it doesn’t necessarily seem to be that good. Source: Hairem / Shutterstock.com Meanwhile, valuation after the big rally looks potentially questionable. Nvidia stock trades
While most tech stocks have been booming in 2019, Cisco Systems (NASDAQ:CSCO) has remained calm. A grinding rise to the high-$50 range was followed by sharp disappointment over earnings in August. The shares opened Nov. 6 at about $47.81. That’s just 11% over where it started the year after last December’s tech wreck. And that’s
U.S. equities are sliding lower this week as China pours some cold water on all those trade deal hopes, implying it is in no hurry to rush into a bad deal. The chatter is that Beijing wants a meaningful rollback in recent tariff increases; not merely a halt to new tariffs. As a result, the
U.S. stock futures are inching higher after an extremely quiet session on Tuesday. The pause allowed equities to digest the recent gains, which have propelled the market to record levels. Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average are up 0.1206%, and S&P 500 futures are higher by 0.11%. Nasdaq-100
Lower rates make gold a more attractive investment The cost of owning gold drops Producers receive less for hedging future production Gold has been one of the best-performing assets of 2019. The yellow metal has come a long way since the turn of this century when central banks were selling the precious metal. The United
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Vertical Research Partners is the first firm to begin covering Virgin Galactic, initiating the space tourism venture’s stock with a “buy” rating and saying its risk “is misunderstood.” “We think the technical risk to SPCE’s human spaceflight program is less draconian than the stock appears to be pricing in,” analyst Darryl Genovesi said in a
The Match Group OkCupid dating application is shown on an Apple iPhone. Gaia Squarci | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Match Group tanked 16% after the company topped third-quarter earnings expectations and matched revenue estimates at $541 million, though reported disappointing fourth-quarter revenue guidance. The parent
The global digital revolution is upon us, firing on all cylinders, and it won’t slow anytime soon. That means it’s time to buy and hold digital ad stocks for the long haul. The narrative is pretty easy to follow. Consumers everywhere are plugged into the internet all the time. They spend hours on social media