Analysts are weighing in on oil-and-gas company Schlumberger Limited (NYSE:SLB), Dow stock General Electric Company (NYSE:GE), and biotech bluebird bio Inc (NASDAQ:BLUE). Here's a quick roundup of today's bearish brokerage notes on shares of SLB, GE, and BLUE.BMO Downgrades Schlumberger StockBMO downgraded Schlumberger stock to "market perform" from "outperform," while reducing its price target by...Read More
Analysts are weighing in on digital payment platform PayPal Holdings Inc (NASDAQ:PYPL), social media giant Facebook Inc (NASDAQ:FB), and mobile camera application Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bullish brokerage notes on shares of PYPL, FB, and SNAP.Analyst Expects More Record Highs For PayPal StockPayPal stock is up 1.8% to trade at $67.21, earlier hitting a record hig...Read More
Dow Jones Industrial Average (DJIA) futures are trading in positive territory this morning, after the blue-chip index hit a record high on Tuesday. While the Dow's pre-market upside is modest, futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are slightly lower, with traders apparently unwilling to make any big moves ahead of this afternoon's release of the September Fed meeting minute...Read More
The consistency of daily stock increases has been remarkable lately. This is true for the four major indexes -- S&P 500 Index (SPX), Dow Jones Industrial Average (DJIA), Russell 2000 Index (RUT), and the Nasdaq Composite (IXIC). It has been great for portfolios, but can it last? This week I'm looking at a couple measures that highlight this consistency to see how sustainable it can be going forwa...Read More
You might remember the name John Rolfe from your history books... or perhaps a Disney movie.He was among the early settlers that came to North America from England.But it wasn't his marriage to Powhatan's daughter Pocahontas that brings him to mind today.He also happens to be one of the most unknown influential figures in U.S. history.You see, Rolfe was the person responsible for introducing "Orin...Read More
Clive's latest technicals for silver support his own assertion that "Silverbugs are manic depressive and they have been depressive for a long time"...by Clive Maund via Streetwise ReportsThe last Silver Market update almost a month ago called the intermediate top within a day, as you may recall, and it has back to the extent predicted in that update.There was more evidence of a turn in silver th...Read More
Over the third quarter and into the fourth, several short term incidents have struck the Mexican gold and silver mining industry...September 19th is one of those days that forever changed Mexico. We suspected this could have immediate effects on silver's just-in-time inventory.Whether long-term silver and gold mining operations are affected by the disaster is still being determined, however, sever...Read More
“How do we fit the latest tragedy into our political agenda?” The media wondered. “Gun control is so clich?(C). And even though the tragedies get bigger and bigger, we still have little luck!”“I have an idea!” Exclaimed one outlet, “We can convince people that if they don’t report their neighbors and family members to authorities for acting subjectiv...Read More
Brent Cook, a renowned Exploration Analyst and Geologist, is the author of Exploration Insights, gives his thoughts on the changes of Novo Resources.Read More
In this episode, Jayant Bhandari the host of the highly acclaimed Capitalism and Morality sits down with Maurice Jackson of Proven and Probable to discuss the virtues that he sees in the Eastern Asia in particular Japan, Korea, and China.Jayant also shares the important distinction that third world economies are not emerging markets.With regards to Japan in particular, Jayant conveys why believes...Read More
“How do we fit the latest tragedy into our political agenda?” The media wondered. “Gun control is so clich?(C). And even though the tragedies get bigger and bigger, we still have little luck!”“I have an idea!” Exclaimed one outlet, “We can convince people that if they don’t report their neighbors and family members to authorities for acting subjectiv...Read More
TheDow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all posted record highs in early trading, but both the S&P and Nasdaq struggled to stay positive during the second half of the session. Retail giant Wal-Mart Stores (WMT) kept the Dow ahead of the pack, with WMT stock closing 4.5% higher after the company announced a $20 million buyback plan. However, with the...Read More
Shares of General Electric Company (NYSE:GE) tumbled to $23.25 on Monday -- their lowest level in two years -- following news of a massive executive shake-up. And while GE is up 0.4% today to trade at $23.52, one options trader seems to think this is a "dead-cat bounce," and is betting on even lower lows for the Dow stock through year's end.At last check, more than 89,000 puts have traded on GE so...Read More
The Consumer Staples Select Sector SPDR Fund (XLP) sports a year-to-date lead of less than 5%, easily underperforming the broader stock market. Making matters worse, the exchange-traded fund (ETF) has failed to recover since crossing below its 200-day moving average on Sept. 21, with the shares hitting a nearly seven-month low yesterday. Today, XLP is up 0.7% at $54.07 despite losses from the fun...Read More
Shares of streaming name Roku Inc (NASDAQ:ROKU) began trading on the Nasdaq on Sept. 28, opening at $15.78 after pricing its initial public offering (IPO) at $14. ROKU options, meanwhile, became available one week later on Thursday, Oct. 5, and in that time, speculators have amassed 7,750 open positions on Roku. Here's a closer look at how options traders have been lining up on the streaming name,...Read More
Big banks have been some of the main beneficiaries of the "Trump rally," with investors pricing in expectations for less strict regulations on Wall Street. Further, the Financial Select Sector SPDR Fund (XLF) has moved higher in tandem with expectations for a third rate hike in 2017, with the CME Group's FedWatch tool now predicting an 86.7% chance that the U.S. central bank will lift its benchmar...Read More
U.S. stocks are higher today once again, as the Dow, S&P 500, and Nasdaq Composite all set fresh intraday highs this morning. Biotech stocks MannKind Corporation (NASDAQ:MNKD) and AnaptysBio Inc (NASDAQ:ANAB), as well as airline stock American Airlines Group Inc (NASDAQ:AAL), are soaring. Here's a quick look at what is moving shares of MNKD, ANAB, and AAL.Analyst Initiates Bullish Coverage On Man...Read More
The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) all hit new record highs this morning, with energy stocks setting a bullish tone as November crude futures add 2.7% to trade at $50.90 per barrel. However, Dow component Procter & Gamble (PG) is sitting out the rally, with PG stock down 1.3% after activist investor Nelson Peltz failed in his bid for a board...Read More
Semiconductor stocks have been ripping higher over the past 12 months, as evidenced by the price action in the VanEck Vectors Semiconductor ETF (SMH). The exchange-traded fund (ETF) is up 37.8% year-over-year, with its trusty 80-day moving average serving as a reliable foothold during rare pullbacks. What's more, the shares hit a record high of $96.47 earlier on NVIDIA stock tailwinds, and were la...Read More