Shares of cloud content management specialist Box Inc (NYSE:BOX) are exploding higher today. The stock was last seen up 5% at $21.62, earlier touching a two-year high of $21.76. This is just more of the same from BOX, which shot higher last Friday thanks to a price-target hike to $25 at Canaccord Genuity, and gained more momentum on Wednesday on news the Food and Drug Administration (FDA) chose th...Read More
There are lots of stories circling about stock market volatility -- or lack thereof -- and for good reason. The last time the S&P 500 Index (SPX) dropped 3% or more was June 24, 2016 -- 333 days ago -- during the Brexit panic. The S&P is now in the midst of its longest streak without a 3% pullback since 2013, and just its fourth such stretch in 20 years, according to Schaeffer's Senior Quantitativ...Read More
Earnings season is in full force, with a number of stocks already soaring to fresh highs. Looking ahead, consumer products manufacturer Kimberly-Clark Corp (NYSE:KMB) is slated to unveil its quarterly results before Monday's open. Here's a closer look at how KMB stock has been performing ahead of earnings, and how options traders are positioning themselves.Kimberly-Clark stock is down 2% today to...Read More
The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are trading higher this afternoon, all touching fresh record highs after the Senate passed a budget plan, fueling hopes for tax cuts. Bank stocks are in rally mode, and tech is on the mend, helping to overshadow disappointing earnings from blue chips General Electric (GE) and Procter & Gamble. Elsewhere, tra...Read More
Analysts are weighing in on pharmaceutical stock Celgene Corporation (NASDAQ:CELG), medical device maker Intuitive Surgical, Inc. (NASDAQ:ISRG), and electric vehicle manufacturer Tesla Inc (NASDAQ:TSLA). Here's a quick roundup of today's bearish brokerage notes on shares of CELG, ISRG, and TSLA.Celgene Halts Trial of Crohn's Disease DrugCelgene stock is down 10.7% at $121.46 this morning, due to n...Read More
U.S. stocks are trading higher this morning after the Senate passed a budget proposal, moving one step closer to tax reform in the process. Among the stocks making moves this morning are industrial conglomerate General Electric Company (NYSE:GE), oil services specialist Schlumberger Limited. (NYSE:SLB), and Taser parent Axon Enterprise, Inc.(NASDAQ:AAXN). Here's a closer look at what's moving shar...Read More
Analysts are weighing in on digital payment processor PayPal Holdings Inc (NASDAQ:PYPL), shoe stock Skechers USA Inc (NYSE:SKX), and athletic apparel retailer Lululemon Athletica inc. (NASDAQ:LULU). Here's a quick roundup of today's bullish brokerage notes on shares of PYPL, SKX, and LULU.PayPal Stock Soars to Record High After Raising GuidancePayPal stock is up 5.2% to trade at $70.75 and hit a r...Read More
Dow Jones Industrial Average (DJIA) futures are higher this morning, as the index looks for its sixth straight win and another record high. Markets are shaking off a rough earnings report from General Electric (GE) and poorly received Procter & Gamble (PG) earnings, with stocks pointing higher after the Senate approved a $4 trillion budget measure last night, lifting hopes for tax reform. The...Read More
Alasdair Macleod explains why he thinks the U.S. dollar and other fiat currencies have already entered into the stage of hyperinflation and that central banks have reached the end of the road. He doesn't believe Central Bank Digital Currencies (CBDCs) will gain traction and thinks the dollar is toast. He gives his take on the geopolitical US-China dynamic, including potential for military conflict...Read More
Longtime viewers have noted that Mike has spoken for years of an upcoming 'emergency meeting of the G20 countries about the reserve status of the US dollar', and would like to know how much longer Mike thinks it will be before this meeting takes place. Join Mike and Jeff Clark in today's video as they explore some potential scenarios, and whether gold will be involved in a new world monetary syste...Read More
Max chats to professor Steve Keen, author of 'Debunking Economics', about life in Thailand where Covid-19 is almost non-existent relative to Western economies. With the cowboy mentality of America, however, a similar mask-wearing compliance is unlikely to work, so what is the answer?Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. H...Read More
I've been doing "educational" segments for individual investors for VCMG Live LLC, a company that owns several radio stations in Florida and is run by the former founder and head of ESPN Radio, legendary radio man Marty Sheehan ... this segment comes from the "Fired Up with Blanca" show from this past Wednesday ... Palm Beach radio, "True Oldies" (95.9 / 106.9 FM and Classic Rock "The Surf" (92.5...Read More
The average American has $90,460 in debt. This includes all forms of consumer debt products, from credit cards to personal loans, mortgages and student debt.Continue...Read More
Fears of a vaccine pushing the gold price down are overplayed, said Lobo Tiggre of the Independent Speculator. "I think this is another one of these overblown things. Yes, we have seen gold move on vaccine headlines, I don't deny that, but it's a mistake to think that 2020 gold is all about the vaccine," Tiggre told Kitco News. 0:14 - Will we get market crash?2:45 - How will gold react to election...Read More
"Let Microsoft or somebody buy it, put it in American hands and allow the platform to survive and thrive because so many people enjoy it.""If TikTok is saved, you can thank me."Continue...Read More
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