The Dow Jones Industrial Average (DJIA) is cautiously higher at midday, after trading on both sides of the aisle earlier,attempting to snap a four-day losing streak in spite of ugly Nike earnings. The S&P 500 Index (SPX) and Nasdaq Composite (COMP) are also modestly higher, with financial stocks emboldened by Fed Chair Janet Yellen's hawkish comments yesterday. Traders are digesting the details of...Read More
Shares of Twilio Inc (NYSE:TWLO) plunged 6.6% on Tuesday, after Amazon.com, Inc. (NASDAQ:AMZN) unveiled details of its recently launched two-way messaging service from Amazon Web Services. While this was initially seen as new competition for the cloud company, a post-close tweet from Twilio CEO Jeff Lawson pointed to a partnership with Amazon. In reaction, TWLO stock is up 7.8% today to trade at...Read More
Analysts are weighing in on printing stock Kornit Digital Ltd. (NASDAQ:KRNT), solar energy stock SunPower Corporation (NASDAQ:SPWR), and burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of KRNT, SPWR, and CMG.Kornit Digital Cuts Guidance, Prompting A Flurry Of Bearish Analyst AttentionKornit Digital stock is down 25% to...Read More
Analysts are weighing in on tech company Micron Technology, Inc. (NASDAQ:MU), luxury retailer Michael Kors Holdings Ltd (NYSE:KORS), and online streaming entertainment concern Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of MU, KORS, and NFLX. Micron Showered With Price-Target Hikes Post-Earnings Micron Technology has received no fewer than nine...Read More
Dow futures are indicating a higher open ahead of an afternoon speech on tax reform from President Trump. Among specific stocks in focus today are athletic apparel juggernaut Nike Inc (NYSE:NKE), pharmaceutical concern Lannett Company, Inc. (NYSE:LCI), and F-150 manufacturer Ford Motor Company (NYSE:F). Here's a closer look at what's moving shares of NKE, LCI, and F. Nike Stock Pointed Lower...Read More
After extending its losing streak yesterday, Dow Jones Industrial Average (DJIA) futures are signaling a higher start this morning,as Wall Street awaits President Trump's plans for tax reform. Meanwhile, traders are digesting the latest data on durable goods orders, which rose a bigger-than-expected 1.7% in August, and the Dow is pointed higher in spite of a negative earnings reaction for Nike. F...Read More
Everyone knows volatility has been low in 2017, but last week was ridiculous. By one measure, which is shown below, it is the lowest stock market volatility we have ever recorded. On the other hand, S&P 500 Index (SPX) historical volatility (HV) temporarily moved above a key level, sending up a signal not seen since 2007. Below, I'll consider whether that means anything going forward.Last Week's R...Read More
NFL players are kneeling, standing, sitting maybe, and probably laying down at times. Perhaps they are protesting police killings, or maybe they hate America, and some of them are very patriotic and do or do not support Donald Trump. I don’t know. Who cares?How many headlines has this stupid manufactured controversy taken up? How many arguments and fights have ensued? Do people even know wha...Read More
NFL players are kneeling, standing, sitting maybe, and probably laying down at times. Perhaps they are protesting police killings, or maybe they hate America, and some of them are very patriotic and do or do not support Donald Trump. I don’t know. Who cares?How many headlines has this stupid manufactured controversy taken up? How many arguments and fights have ensued? Do people even know wha...Read More
Tiege Hanley HONEST Review| Male Skin Care| Day 30 of 30Tiege Hanley Day 1 of 30 - https://youtu.be/BFMvmjPAhaYtiege hanley - www.tiege.comThis Tiege Hanley honest review from Michael Hicks as his own personal experience as a customer over the past 30 days. Over the past 30 days i documented my process with Tiege Hanley to see whether we can actually see a difference or if it is just hype.I ordere...Read More
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The Dow Jones Industrial Average (DJIA) jumped out of the gate, but lost steam as the session progressed, eventually ending modestly lower. Aside from ongoing North Korea jitters, traders digested disappointing consumer confidence and housing data, and an afternoon speech from Fed Chair Janet Yellen. In her remarks, Yellen said the central bank may have overestimated the strength of the labor mar...Read More
Amazon.com, Inc. (NASDAQ:AMZN) pulled back on Monday, as part of a broader tech-sell off. The e-commerce giant, which is reportedly entering the smart glasses industry, has not closed north of the $1,000 per-share level since July 28. However, if past is precedent, AMZN stock could be headed back above this key millennium mark in the final three months of 2017. Below, we'll take a closer look...Read More
U.S. stocks are trading cautiously higher this afternoon, as the Dow attempts to bounce back from a three-day losing streak. Among the names in the spotlight today are beleaguered credit agency Equifax Inc. (NYSE:EFX), apparel retailer L Brands Inc (NYSE:LB), and biopharmaceutical company PTC Therapeutics, Inc. (NASDAQ:PTCT). Here's a quick look at what is moving shares of EFX, LB, and PTCT.E...Read More
Microsoft Corporation (NASDAQ:MSFT) has been charting a path steadily higher over the past 12 months, up nearly 29%. Today, the stock is trading up 0.2% at $73.40, not far from its Sept. 18 record high of $75.97. Since then, the Dow stock has pulled back to their 40-day moving average -- a trendline that has served as a springboard over the last year. If past is precedent, MSFT could take aim at n...Read More
We've been keeping a close eye on the struggles of Apple Inc. (NASDAQ:AAPL) stock since the company's Sept. 12 product unveil. Since their Sept. 11 close of $161.50, AAPL shares have shed 5.4% to trade at $152.74, performing even worse than normal in September. If that wasn't bad enough, our market research recently discovered two warning signs for the iPhone maker, if history should repeat. AA...Read More
It's been a great quarter for the S&P 500 Index (SPX), which popped above 2,500 for the first time ever. The third quarter has also been kind to the Dow Jones Industrial Average (DJIA), which touched a record high as recently as Thursday, Sept. 21. Both indexes are set for an eighth straight quarter in the black, with the SPX and DJIA pacing for gains of 3.3% and 4.7%, respectively. Below, we take...Read More
The ROBO Global Robotics & Automation ETF (ROBO) still maintains a pretty low profile with investors, despite racking up a banner 2017. ROBO shares have gained about 34% year-to-date, and the fund -- which started trading in October 2013 -- topped $1 billion in assets under management in early August. The fund's ascent has been supported by massive inflows; per etf.com, ROBO's AUM ballooned by 738...Read More
FAANG stocks sold off on Monday, with shares of Facebook Inc (NASDAQ:FB) shedding 4.5% -- their biggest one-day percentage loss since Nov. 3. With FB reacting to Mark Zuckerberg's scrapped plans for a new class of stock , the shares had lost roughly $26 billion in market cap at their intraday low. And while it's still too early to tell, the equity is pacing for its worst week since December, even...Read More