It's not just Netflix that's been getting hammeredThere's been a lot of action around media stocks lately, with investors mostly watching the huge sell-off in Netflix (NFLX) shares. However, other names in the space have also been getting pummeled, including CBS Corporation (NYSE:CBS) and Spotify Technology SA (NYSE:SPOT), both of which are trading near multi-month lows after Wells Fargo initiated...Read More

Jagged Peak Energy and Fresh Del Monte Produce were just added to the S&P SmallCap 600Stocks have erased their earlier gains on slumping oil prices today. Three stocks in particular making moves today are electric carmaker Tesla Inc (NASDAQ:TSLA), Fresh Del Monte Produce Inc (NYSE:FDP), and crude oil producer Jagged Peak Energy Inc (NYSE:JAG). Below, we'll dig into what's moving the shares of TSLA...Read More

Now is an opportune time to speculate with XLNX optionsThe shares of semiconductor stock Xilinx, Inc. (NASDAQ:XLNX) gapped lower last Friday, Sept. 20, after the company said CFO Lorenzo Florez will step down, effective after second-quarter earnings are released on Wednesday, Oct. 23. What's more, XLNX stock has a history of sinking after back-to-back Fed rate cuts, though the shares could find so...Read More

Last week, the Fed had to inject liquidity into the repo market for the first time since the Great Recession. Not once, but several times – and also commit to do more. Will such a crack in the proverbial dam let gold’s allure shine? Scramble for Liquidity Pushes Rates UpThe focus last week was on the FOMC decision to cut interest rates. But a real drama was unfolding in the background....Read More

SVB Leerink lowered its CLVS rating and slashed its price targetSVB Leerink downgraded Clovis Oncology Inc (NASDAQ:CLVS) stock to "market perform" from "outperform," and slashed its price target by $12 to $10. The analyst in coverage called CLVS' licensing deal with German radiopharmaceutical therapies firm 3B Pharmaceuticals "ill-timed given investor concerns about the company's use of cash," and...Read More

Stewart Thomson, Graceland Updates 1. Please click here now. SPDR fund (GLD-NYSE) gold tonnage roared above 900 tons yesterday, and now sits at about 908. 2. That's solid action, and I'll dare to suggest there's more coming!3. Please click here now. As the ominous month of October approaches, US stock market investors may have a new problem on their hands; a Treasury Secre...Read More

By: Ira EpsteinGold is spinning around, back and forth...Read More

The shares are trading near a historically bearish trendlineAbercrombie & Fitch Co. (NYSE:ANF) stock hit a 22-month low of $13.58 on Sept. 3, on mounting U.S.-China trade worries. The retail shares rallied off this level, but are now sounding a technical signal that's preceded periods of weakness before. And with implied volatilities at historically low levels, it could be time to buy puts to bet...Read More

If you’ve been following our research, you already know how accurately we’ve been nailing the precious metals price moves.  We’ve been calling Gold and Silver accurately since early 2018 and continue to focus a good portion of our efforts in studying these incredible setups.  Let’s have a little fun and start with two charts from near July 20, 2019, to help our fo...Read More

Traders are eyeing the latest sentiment and housing dataThe Dow Jones Industrial Average (DJI) was up triple digits earlier, as stocks reacted to bullish U.S.-China trade developments, with the Trump administration confirming more trade talks will take place next month. However, despite gains from Apple (AAPL), the Dow has since turned negative, following the S&P 500 Index (SPX) and Nasdaq Composi...Read More

And how the SPX performs after two rate cuts in 60 daysThe Fed last week opted to cut interest rates by another quarter point -- much to the dismay of President Donald Trump -- though the central bank's corresponding statement and Fed Chair Jerome Powell's subsequent press conference pointed to a division about further action this year. While we recently outlined the best and worst stocks to own a...Read More

One of the most common reasons to buygold is to use it as a stable store of value. This analysis uses 50years of history to test that common belief, and finds it woefully lacking - forit misses the best parts of investing in gold.The graph below will be developed, andwe will show that gold is instead a more sophisticated (and desirable) investmentthan most people realize. When properly understood,...Read More

O has been climbing the charts in 2019Real estate investment trust Realty Income Corp (NYSE:O) has been locked in a steady trend higher on the charts. The stock is up about 33% year-over-year, and more than 20% on a year-to-date basis. Last week, the stock gapped higher on news of a dividend hike, which pushed O above the $75 level -- home to double the stock's 2014 lows, and a former layer of res...Read More

NFLX is barreling toward its lowest close of the yearPivotal Research slashed its Netflix Inc (NASDAQ:NFLX) price target to $350 from $515, saying the company will likely have to boost market content spending as competition in the streaming space accelerates. The brokerage firm also pointed to expectations for weak third-quarter subscriber growth -- echoing concerns expressed last week by Evercore...Read More

3 familiar names receiving bull notes todayThree stocks in focus after updated analyst coverage are Dow components Apple Inc. (NASDAQ:AAPL), McDonald's Corp (NYSE:MCD), and Walt Disney Co (NYSE:DIS). Here's a quick breakdown of how Wall Street is viewing AAPL, MCD, and DIS shares. AAPL just received new coverage from Jefferies, which called the iPhone maker a "buy" and gave it a $260 price target....Read More

By Andy Hecht: Crude oil is the energy commodity that powers the world. Over half of the world’s petroleum reserves are in the Middle East, which is the most turbulent political region on the face of the earth. Meanwhile, the United States is the leading consumer of crude oil. For many years, the US dependence on Middle Eastern oil contributed to its price variance. The Arab-Israeli War in t...Read More

NBEV has lost more than half its value since AprilOne of the best stocks on the Nasdaq this morning is New Age Beverages Corp (NASDAQ:NBEV), up 12.4% to trade at $3.13, on track for its best single-session gain since April 9. This is after Japan's Narcotics Control Division and the Ministry of Health approved the company's cannabidiol (CBD) products, allowing New Age's CBD-infused items to be s...Read More

Steelmaking restrictions planned for China's northern region - where the concentration of mills are the highest in the country - during the autumn-winter period appear to be looser this year compared with the corresponding period of last year.While no official guidelines have emerged, a draft of measures to control air pollution in 28 cities in the region during the October-March period has been c...Read More

The auto seller's second-quarter earnings and revenue both exceeded analysts' estimatesThe shares of auto retailer CarMax, Inc (NYSE:KMX) are popping today, after the firm reported second-quarter earnings of $1.40 per share on $5.2 billion in revenue -- both of which topped analysts' expectations. The company cited a boost from online sales for its earnings beat. KMX stock is 3.9% higher at $90.30...Read More

It's a busy morning for updates on U.S.-China tradeFutures on the Dow Jones Industrial Average (DJI) are above fair value this morning, on news U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer will hold trade negotiations with Chinese Vice Premier Liu He in Washington in early October. Additionally, a Bloomberg report indicated Beijing issued new tariff exemptions...Read More