"If several common disorders could be avoided or delayed by genetically modifying humans, the average disease-free lifespan could be substantially extended."Continue...Read More
WHY is JP Morgan still allowed to Rig markets when all their metals desk traders are being indicted? When are the "BOSSES" going to be busted and what would that do to the largest Derivative Bank in the world?!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoR...Read More
John Kaiser notes the two ways you can get a 10-bagger and expands on one of those (discovery) and shares his area of focus when searching for big winners. Read More
Bob Moriarty of 321gold discusses the Daily Sentiment Index and what it could mean for the markets. As of November 18th, sentiment for the S&P futures and the Nasdaq Index is approaching nosebleed territory. The infusion of hundreds of billions of dollars on the Fed's balance sheet since Mid-September has pumped the stock market higher in response. But no matter how big the balloon, if you keep p...Read More
Images are "purposely mixed in to lower the kid's super power and esteem so that they can be more susceptible to consumption and feel that they need to consume and become Continue...Read More
JFE Steel Corp and an affiliate of China's largest steelmaker Baowu Steel is setting up a joint venture to tap into demand for high-grade special steel bar from the Chinese automotive sector.The move will see JFE Steel take a 50% share in Baosteel Special Steel Shaoguan Co, while the latter's existing parent Guangdong Shaoguan Iron & Steel Songshan Co (SGIS) will hold the other half of the stake,...Read More
Retail as a whole was weak todayThe U.S. stock market struggled today due to weakness in the retail sector. A disappointing earnings release from Home Depot (HD) was the main focus, pulling the Dow off its early record high. The S&P and Nasdaq each pulled back from their own milestones, too, despite a strong session for healthcare stocks. Traders also considered more commentary on the U.S.-China t...Read More
Options are being traded up at three times the typical clip at midday After yesterday's session put Target Corporation (NYSE:TGT) right back within striking distance of its late-October all-time peak, the shares of the retailer are cooling off today, as investors gear up for the firm's third-quarter earnings report -- due out after the close tomorrow. It's been an impressive run for Target this y...Read More
M and JWN were weighed down by Kohl's ugly quarterly reportThe Dow is taking a breather today, as a struggling retail sector weighs on Wall Street. Among three retail names making notable moves lower today are Kohl's Corporation (NYSE:KSS), Macy's Inc (NYSE:M), and Nordstrom, Inc. (NYSE:JWN). Here's a quick look at what's moving the shares of KSS, M, and JWN. Kohl's Earnings Whiff Prompts Opt...Read More
YETI is trading near a number of notable chart levelsYeti Holdings Inc (NYSE:YETI) is trading at $29.15, putting it right below its 100% year-to-date level, often a level of hesitation for stocks. However, familiar support from the 200-day moving average and a 61.8% Fibonacci retracement of its June to July surge suggest YETI shares could still climb higher on the charts. Options traders are certa...Read More
Short interest has been on the rise for Seagate Technology stockComputer hardware specialist Seagate Technology PLC (NASDAQ:STX) has been steadily climbing the charts in 2019. In fact, despite a slight pullback after earnings in early November, the equity still stands 53% higher year-to-date. The 40-day moving average has been a line for support for the shares, catapulting the stock to Friday's an...Read More
The major U.S. benchmarks hit record highs in early actionStocks hit new record highs out of the gate as traders cheered news of Boeing's (BA) Dubai Air Show 737 Max jet orders and upbeat housing data. However, the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) have since swung into the red on a negative earnings reaction for several retailers -- including Home Depot (HD) -- ahead of t...Read More
Tata Steel has outlined proposals to build a stronger and more sustainable business in Europe, which include cutting up to 3,000 jobs, the company said on Monday November 18.The programme is needed to "ensure the business can thrive despite severe market headwinds which have led to a sharp decline in profitability", the company said.In the first six months of its current financial year, which comm...Read More
The retailer is expected to report earnings before the open tomorrow Lowe's Companies, Inc. (NYSE:LOW) stock is taking a hit today amid sector peer Home Depot's (HD) abysmal earnings reaction. The stock is down 1% to trade at $113.87, just one day before the hardware retailer takes its own turn in the earnings confessional tomorrow morning. A post-earnings bull gap in late-August sent LOW skyrock...Read More
MYOV options are reasonably priced at the momentAt the top of the Nasdaq this morning sits U.K.-based biotech Myovant Sciences Ltd (NYSE:MYOV), up 141% to trade at $14.62. Powering today's breakout is relugolix, the company's treatment for advanced prostate cancer that met its primary and secondary goals in a late-stage trial. Myovant Sciences stock is now trading north of double digits for the...Read More
By: Ira EpsteinGold looking at $1,485 area as the next big test, possibly over the coming day(s). Coming from an oversold condition..Read More
Guggenheim downgraded MSG Networks to "sell" from "neutral" The shares of cable TV company MSG Networks Inc (NYSE:MSGN) are lower this morning, following a downgrade from Guggenheim to "sell" from neutral." The brokerage firm maintained its $15 price target -- a 19% discount to last night's close -- and said it foresees a challenged position for the entertainment name amid upcoming contract renewa...Read More
Morgan Stanley says sentiment is too bearish around BroadcomBroadcom Inc (NASDAQ:AVGO) is trading up 1.9% at $317 this morning after Morgan Stanley named the semiconductor stock a top pick, upgrading its view to "overweight" from "equal-weight" and lifting its price target to $367 from $298. The brokerage firm cited overly pessimistic sentiment around the security, writing that it's bullish on Bro...Read More
The blue-chip index is shrugging off a slashed sales forecast from Home DepotDow futures are on pace for yet another record high today, boosted by pre-market strength for Boeing stock after the aerospace giant attracted over 50 orders for its contentious 737 Max jet during the Dubai Air Show. This news is helping to offset abysmal earnings from Home Depot, with HD stock sliding more than 3% ahead...Read More
The new stock tracker is staring down a critical "line in the sand" on a daily chartPerhaps no single name better exemplifies the sheer exhaustion surrounding the late-2019 initial public offering (IPO) market than WeWork. Hopes for a roughly $9 billion public debut evaporated seemingly overnight in late September amid grave concerns over out-of-control spending and lack of oversight, and the offi...Read More