After spending most of the day weighed down by Apple (AAPL) stock -- which suffered its worst day since August -- the Dow Jones Industrial Average (DJIA) managed to erase a triple-digit deficit to eke out a small gain, extending its winning streak to a fifth session. Thanks to impressive earnings from Travelers(TRV) and Verizon (VZ), the index secured a fresh record close. The S&P 500 Index (S...Read More

In the wake of its high-profile proxy battle with Nelson Peltz, Procter & Gamble Co (NYSE:PG) will take its place in the earnings confessional bright and early tomorrow morning. Ahead of the event, the Dow stock is trading down 0.6% at $91.52 amid broad-market headwinds. Options traders, meanwhile, are blasting PG -- with more than 45,100 contracts traded, almost four times what's typically seen...Read More

Markets are slumping today, with the Dow, S&P 500, and Nasdaq Composite all lower on the Black Monday anniversary. Telecom stock Verizon Communications (NYSE:VZ) and pharmaceutical firm Uniqure NV (NASDAQ:QURE) are higher today, while tobacco giant Philip Morris International Inc. (NYSE:PM) is sinking after earnings. Here's a quick look at what is moving shares of VZ, QURE, and PM.Verizon Sto...Read More

U.S. stocks are pulling back from record highs today, as Apple Inc. (NASDAQ:AAPL) leads a tech sell-off. However, a stock market breather this week may not be too surprising, considering we recently sent up an overbought signal that's sounded only two other times this year. Below, we'll break down the overbought signal, and explain why a tech cool-down may have been in the cards. We'll also unveil...Read More

Shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) have been sliding in recent days, falling below their 200-day moving average to trade at $12.38. In fact, if the shares closed lower today, it would mark their seventh straight loss. The sell-off was apparently good news for one VRX options trader, who seemingly just cashed out a major bearish position for a big win. At last check, more than 13...Read More

Third-quarter earnings reports continue to flood in from Dow members like American Express Company (NYSE:AXP), which is trading lower this afternoon despite an earnings beat. Another handful of blue-chip companies are expected to release quarterly earnings next week, but first, traders will digest results from General Electric Company (NYSE:GE) tomorrow morning.Here's a closer look at GE ahead...Read More

Biopharmaceutical stock Juno Therapeutics Inc (NASDAQ:JUNO) has been moving primarily sideways on the charts in recent months, despite managing to hit twin peaks around the $47 level in September. However, the stock just met up with a key trendline that has had bullish implications in the past. If history repeats itself, JUNO stock could be screaming "buy" right now.According to Schaeffer's Senior...Read More

Subscribers to Schaeffer's Weekly Options Trader service recently scored a 132% profit from weekly 10/13 205-strike 3M Co (NYSE:MMM) calls. Below, we'll break down why we were bullish on MMM and how the successful options trade unfolded. When we recommended the weekly calls on Sept. 29, 3M stock had just moved off an overbought condition. Plus, the Dow stock was up around 17% year-to-date, and...Read More

Another onslaught of quarterly earnings are due this week, with big-cap companies like Boeing Co (NYSE:BA), Exxon Mobil Corporation (NYSE:XOM), Intel Corporation (NASDAQ:INTC), McDonald's Corporation (NYSE:MCD), and Visa Inc (NYSE:V) set to report. Earnings from FAANG names Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOGL) are also slated for release. On the economic front, traders...Read More

While the broader stock market takes a breather today, we're searching for names bullish options traders may want to target. Based on data provided by Schaeffer's Senior Quantitative Analyst Rocky White, we landed on biotech stocks Amicus Therapeutics, Inc. (NASDAQ:FOLD) and Flexion Therapeutics Inc (NASDAQ:FLXN). Not only are the shares flashing potential "buy" signals, but options data suggests...Read More

Apple stock is spiraling today -- the worst Dow stock so far -- amid concerns for iPhone 8 demand and Apple Watch cellular connection failures in China. Against this backdrop, it's not too surprising to see a number of Apple suppliers on the decline, too, with chip stocks Advanced Micro Devices, Inc. (NASDAQ:AMD), Broadcom Ltd (NASDAQ:AVGO), and Qorvo Inc (NASDAQ:QRVO) all trading in the red. Here...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all trading lower on this Black Monday anniversary, dragged into the red by tech stocks. Most notably, Apple (AAPL) stock is weighing on the Dow, as concerns about the iPhone 8 and Apple Watch overshadow an earnings beat from Verizon (VZ). U.S. stocks are also taking cues from across the pond, as politi...Read More

Analysts are weighing in on biotech Gilead Sciences, Inc. (NASDAQ:GILD), software company Adobe Systems Incorporated (NASDAQ:ADBE), and credit card provider American Express Company (NYSE:AXP). Here's a quick roundup of today's bullish brokerage notes on shares of GILD, ADBE, and AXP.Gilead Sciences Stock Pops on FDA Cancer Drug ApprovalGilead Sciences stock is up 1.7% to trade at $81.40, after th...Read More

U.S. stocks are trading lower this morning, pressured by weakness in the tech sector. Among the stocks making moves this morning are United Airlines parent United Continental Holdings, Inc. (NYSE:UAL), tech powerhouse Apple Inc. (NASDAQ:AAPL), and drug concern Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP). Here's a closer look at what's moving shares of UAL, AAPL, and CRBP.Shares of UAL Fall...Read More

Analysts are weighing in on Dow stock Nike Inc (NYSE:NKE), medical device maker Mazor Robotics Ltd (NASDAQ:MZOR), and fast-casual restaurant chain Chipotle Mexican Grill, Inc. (NASDAQ:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of NKE, MZOR, and CMG.Nike Inventory Glut Behind Goldman Sachs DowngradeNike stock is down 0.6% to trade at $52, after Goldman Sachs downgrade...Read More

Today marks the 30th anniversary of the infamous 1987 "Black Monday" stock market crash, and -- despite a geopolitical environment that's fairly riddled with risk and uncertainty -- the major equity indexes have soared to multiple consecutive record highs. Meanwhile, over the last six months, the average daily CBOE Volatility Index (VIX) reading has been a mere 10.82 -- well below the VIX's five-y...Read More

Dow Jones Industrial Average (DJIA) futures are lower this morning, signaling the index's pullback from record highs. The slowdown can be attributed to a combination of overseas trouble in Spain, a downgrade for Nike (NKE) stock, and what could be a rough day for Apple (AAPL), amid concerns about iPhone 8 demand and reports of Apple Watch trouble in China. The S&P 500 Index (SPX) and Nasdaq-100 I...Read More

At only 15 years old, I bought my dream car...A 1970 Ford Mustang Mach 1, grabber orange, with the 351 Cleveland small block V8 four-speed manual transmission.But, before you get jealous, the Mach 1 I bought was in poor condition... nowhere near the one above. It wasn't running and needed thousands of dollars in repairs. I bought the car from a friend of my grandfather who owned an auto shop. I p...Read More

For the next 12 months, through 2018, it seems there is just 'nothing' to invest in. Just ignore the elephant in the room...In what may be priming the BloombergTerminal to force the HFTs to re-write the algos to a bearish slant, it seems that everything 'investable' moving from here on out is going to be pure red ink for the next 12 months.Notice that gold and silver don't even make the 'developed...Read More

Silver is gaining ground back above $17.30. Gold is taking out $1290 aiming for $1300 on this 30th anniversary of Black Monday...Update:It might get a little interesting Thursday night into Friday:The intra-day "bull flag" forming in silver: Here's a closer look at silver with good volume:Which makes us wonder if this short-term bottom is in?Here's gold on the 3 minute chart:And the dollar, which...Read More