Last month we featured Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) as two stocks to watch in September, as both biotechs historically outperformed for the month. However, they've so far bucked this trend, underperforming since the end of August, ready to close September in the red. On the other hand, data suggests ALXN and REGN could both redeem...Read More
The Dow Jones Industrial Average (DJIA) is higher at midday, as markets attempt to rebound from a three-day losing streak. However, the Dow is well off its intraday highs, and the S&P 500 Index (SPX) and Nasdaq Composite (COMP) briefly turned negative, amid re-emerging concerns about North Korea. Meanwhile, traders are digesting a surprise drop in new home sales, which fell to an eight-month low...Read More
Analysts are weighing in on software firm Red Hat Inc (NYSE:RHT), biopharmaceutical company ProQR Therapeutics NV (NASDAQ:PRQR), and Israeli tech concern Tower Semiconductor Ltd. (NASDAQ:TSEM). Here's a quick roundup of today's bullish brokerage notes on shares of RHT, PRQR, and TSEM. Red Hat Gaps Higher on Earnings, GuidanceRed Hat received no fewer than 10 price-target raises after reporting bet...Read More
Analysts are weighing in on bank stock JPMorgan Chase & Co. (NYSE:JPM), restaurant chain Cheesecake Factory Inc (NASDAQ:CAKE), and biotech Genocea Biosciences Inc (NASDAQ:GNCA). Here's a quick roundup of today's bearish brokerage notes on shares of JPM, CAKE, and GNCA.Deutsche Bank Downgrades JPMorgan ChaseDeutsche Bank downgraded JPMorgan Chase to "hold" from "buy," saying the Fed's plan to g...Read More
Stocks appear to be stabilizing following yesterday's risk-off session. Among specific stocks in focus today are semiconductor name NVIDIA Corporation (NASDAQ:NVDA), Ann Taylor parent Ascena Retail Group Inc (NASDAQ:ASNA), and biotech Axovant Sciences Ltd (NASDAQ:AXON). Here's a closer look at what's moving shares of NVDA, ASNA, and AXON. China AI Push Lifts NVIDIA StockShares of NVIDIA are a...Read More
Dow Jones Industrial Average (DJIA) futures are pointed modestly higher today, as the index tries to stabilize after falling for a third straight day. Tech stocks are attempting to stage a rebound, and traders are also awaiting a handful of Fed speeches scheduled for today, including the highly anticipated speech from Fed Chair Janet Yellen. Traders will also hear from Cleveland Fed President Lor...Read More
United Technologies Corporation (NYSE:UTX) made headlines earlier in September after striking a $30 billion deal to acquire Rockwell Collins. In addition, the U.S. Senate passed a fiscal 2018 defense policy bill, worth nearly $700 billion. Pending approval from President Trump, the bill could give the defense sector a boost. UTX has backpedaled from its mid-July peak just shy of $125, but the pull...Read More
Via Soveriegnman.com[Editor's note: This letter was co-written with Tim Price, co-founder of the VT Price Value portfolio and editor of Price Value International.]In the late spring of 1720, Sir Isaac Newton decided to sell his stocks.Newton had been an investor in the South Sea Company, a famous enterprise which effectively commanded a trading monopoly with South America.The investment had alread...Read More
Via Soveriegnman.com[Editor's note: This letter was co-written with Tim Price, co-founder of the VT Price Value portfolio and editor of Price Value International.]In the late spring of 1720, Sir Isaac Newton decided to sell his stocks.Newton had been an investor in the South Sea Company, a famous enterprise which effectively commanded a trading monopoly with South America.The investment had alread...Read More
John Kaiser, Editor of Kaiser Research Online, interviews Nevada Exploration Inc. President James Buskard at the September 15 2017 Metals Investor Forum.________________________________________________________________The companies presenting at the Metals Investor Forum are as vetted as it gets - they have already cleared the high hurdle of earning the coverage from the newsletter writers' as comp...Read More
Enroll free in Top Trader Rookie Course to learn more: http://bit.ly/MotivfxtraderMany traders think that technical analysis is the best way to trade forex, but I like to use technical analysis as a tool to help me refine my entries into the market. What gives me my directional bias, is the fundamentals that drive the underlying economies. This information gives you highly probably market moves, a...Read More
Eric Coffin, Editor of HRA Advisories, interviews Colorado Resources Ltd. President, CEO and Director Adam Travis at the September 15, 2017 Metals Investor Forum.________________________________________________________________The companies presenting at the Metals Investor Forum are as vetted as it gets - they have already cleared the high hurdle of earning the coverage from the newsletter writers...Read More
The Dow Jones Industrial Average (DJIA) fell for a third straight day, as jitters related to North Korea sent stocks spiraling. Specifically, the rogue nation's foreign minister said President Trump had effectively declared war on the country, giving it the right to shoot down U.S. bombers. In addition, the tech sector -- including Apple and fellow FAANG stock Facebook -- sold off, pressuring...Read More
Though earnings season has mostly wrapped up, memory chip maker Micron Technology, Inc. (NASDAQ:MU) will report its fiscal fourth-quarter results after the close tomorrow night. Micron has a history of making outsized moves following its earnings reports. Below, we will take a look at how Micron stock typically reacts after earnings, and how options traders are preparing for the big event.Histori...Read More
Tech stocks have taken a tumble lately, led by a steep slide in Apple (AAPL) shares. Since touching a record high of $146.59 on Friday, Sept. 15, the PowerShares QQQ Trust (QQQ) has pulled back close to 2.7%. Likewise, the Technology Select Sector SPDR Fund (XLK) touched an all-time peak of $59.17 on Tuesday, Sept. 19, but has subsequently slid 2.3%. Today, both tech-based exchanged-traded fun...Read More
U.S. stocks are lower this afternoon, after North Korea says the U.S. declared war. Among the names in the spotlight today are sports apparel retailer Under Armour Inc (NYSE:UAA), car parts distributor Genuine Parts Company (NYSE:GPC), and social media giant Twitter Inc (NYSE:TWTR). Here's a quick look at what is moving shares of UAA, GPC, and TWTR.Under Armour Stock Scores Rare Upgrade Under...Read More
Barring any big sell-offs this week, the S&P 500 Index (SPX) is pacing for a monthly gain -- a rarity, considering September is one of the weakest months for stocks. Looking ahead to October, the SPX has averaged a monthly gain of 0.9% -- near the top of the pack. Drilling down on specific names, Alaska Air Group, Inc. (NYSE:ALK) and Delta Air Lines, Inc.(NYSE:DAL) are two of the best stocks to o...Read More
Delivery expert United Parcel Service, Inc. (NYSE:UPS) has been grinding higher since the financial crisis, touching a record high in late 2016. And while UPS stock experienced a significant bear gap in early 2017, the shares have been rising fast in recent months, as rival FedEx trades near all-time highs. Options traders appear extremely hopeful of the security's continued ascent, too. Starti...Read More
The Dow Jones Industrial Average (DJIA) is lower at midday,as markets eye another threat from North Korea. The country's foreign minister said President Trump's recent comments that Kim Jong Un's regime "won't be around much longer" were a declaration of war. As such, the isolated nation said it has "every right to make countermeasures, including the right to shoot down United States strategic bom...Read More
It's the tail end of earnings season, but there are still a handful of high-profile names left to report. Athletic apparel retailer Nike Inc (NYSE:NKE), for instance, is scheduled to release its quarterly results after tomorrow's close. Today, NKE call options are trading at an accelerated clip, and it looks like one trader may be hoping to capitalize on inflated implied volatility levels ahead of...Read More