Shutterfly struggled mightily after the last two earnings reportsShutterfly, Inc. (NASDAQ:SFLY) was last seen 2.4% lower at $44.87, as traders react to a sharp price-target cut to $70 from $90 at SunTrust Robinson. This comes as the company prepares to report earnings after the close next Tuesday, Feb. 5. Looking back, the shares suffered notable post-earnings losses of 17.4% and 5.6%, respectivel...Read More
PZZA stock is also seeing accelerated options tradingThe stock market is mixed today as traders digest a strong jobs report against a negative earnings reaction for Amazon. Among individual names making notable moves are weed stocks Aphria Inc (NYSE:APHA) and Cronos Group Inc (NASDAQ:CRON), as well as pizza maker Papa John's Int'l, Inc. (NASDAQ:PZZA). Here's a quick look at what's moving the share...Read More
Yesterday,some might have wondered where is the limit to the upswing in oil. It would benatural to expect it to catch up to e.g. gold and silver upswings. Would be,could be. We just saw something that made us act. Diligently, with foresightand confidence – when the odds are with us. It’s time to share it with you. Let’sexamine the charts below to find out (chartscourtesy of http...Read More
Lithium is set to soar - and leave investors pocking huge profits.Even with all the headlines and controversy surrounding Tesla founder Elon Musk, recent research shows that even bad press can't stop the momentum of a huge component that makes Tesla what it is today.In fact, Tesla merely helped highlight how completely critical lithium is in today's increasingly-technological world... and how scar...Read More
COT SPECIAL PUBLICATION SCHEDULE -- The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC expects to publish this report on Friday, February 1, 2019. After this, the...Read More
We recently closed our GDXJ trade for a 10.5% total profit with our members. We are preparing for a lower price rotation over the next 45+ days that will allow us to plan for new long. Our research indicates the metals/miners should enter a downside price rotation over the next 45+ days as the US stock markets continue to rally. Give this expectation, it is important to understan...Read More
The shares have historically outperformed in FebruaryIt was a rough final quarter of 2018 for Intuit Inc. (NASDAQ:INTU), with the stock falling to a seven-month low near $183 in late December from a record high of $231.84. Since then, the shares have rallied almost 18% to trade at $215.24, and history suggests more upside could be in store for the TurboTax parent.Specifically, INTU stock has been...Read More
Blue chips Exxon and Chevron are higher after earningsThe Dow Jones Industrial Average (DJI) is continuing to ride tailwinds from this morning's bang-up jobs report. Positive earnings reactions for blue-chip energy stocks is fueling upside, too, with the Dow up almost 165 points at midday. Traders also digested a strong Institute for Supply Management (ISM) manufacturing purchasing managers index...Read More
The economicdevelopment of China is one of the most important events in the history of theworld. In an unprecedentedly short time, millions of people have been taken outfrom poverty. But, as no country has ever developed so fast, that great storyraises important worries. We invite youto read our today’s article about the great progress China made in the lastforty years and find out whether i...Read More
The social media stock is pacing for its longest win streak in monthsThe shares of Snapchat parent Snap Inc (NYSE:SNAP) are higher this morning, after analysts at Cascend Securities upgraded the stock to "hold" from "sell" ahead of earnings next week. The brokerage firm said the company's Snapchat redesign "nightmare" is over, with the app's Android ratings on the rebound. At last check, SNAP stoc...Read More
DECK is pacing for its best session since 2017The shares of Deckers Outdoor Corp (NYSE:DECK) are soaring this morning, up 9.6% at $140.78 -- and earlier touching a record high of $146 -- after the company announced earnings and revenue that beat analysts' expectations for its fiscal third quarter. The company also issued upbeat full-year guidance. Today, DECK is pacing for its best day since May 2...Read More
Wedbush sees more than 50% upside for the sharesApplebee's and IHOP parent Dine Brands Global Inc (NYSE:DIN) is in focus this morning following a very bullish note out of Wedbush. The brokerage firm started coverage on the equity with an "outperform" rating and $120 price target. DIN shares were last seen trading up 2.9% at $78.50, so this price target is calling for a nearly 53% rise in the secur...Read More
The shares are trading down almost 4% ahead of the bellThe shares of Opko Health Inc. (NASDAQ:OPK) are down 3.8% in electronic trading, after the Florida-based diagnostics firm said its suspending a mid-stage trial studying OPK-88004, a selective androgen receptor modulator (SARM) used on patients with benign prostatic hyperplasia. This is offsetting news the Food and Drug Administration (FDA) app...Read More
AMZN results could weigh down the tech sector, thoughU.S. stock futures are trading mixed, as traders consider this morning's surprising jobs report. Specifically, nonfarm payrolls for January showed the economy added304,000 jobs, torching estimates of 170,000 despite the government shutdown. While the unemployment rate moved up slightly to 4%, Wall Street will be wondering how the strong economic...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
* Quotas set at 2015-2017 average imports, plus 5 pct * Tariffs of 25 pct apply if quotas are filled * Steel group welcomes move, carmakers don't (Adds EU steel body, Swiss inclusion)By Philip BlenkinsopBRUSSELS, Feb 1 (Reuters) - The European Union will imposelimits on steel coming into the bloc from Saturday in responseto U.S. President Donald Trump's metals tariffs, a filing in theEuropean Unio...Read More
Courts in Brazil have ruled that up to 12.6 billion Reais ($3.44 billion) of Vale's assets and resources will be frozen after the rupture of a tailings dam at Vale's C??rrego do Feij??o iron ore mine, the miner stated on Friday February 1.The federal prosecutors' office, state prosecutors and the state government of Minas Gerais, where Feij??o is located made most of the complaints. Additionally,...Read More
China's crude stainless steel output rose 3.6% to a new high in 2018, according to data released by the China Stainless Steel Council.The country produced 26.71 million tonnes of crude stainless steel last year, up 940,000 tonnes from 25.77 million tonnes a year earlier, according to the statistics released late on Thursday January 31. Of the total, 48% or 12.82 million tonnes consisted of 300-ser...Read More
COT SPECIAL PUBLICATION SCHEDULE -- The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC expects to publish this report on Friday, February 1, 2019. After this, the...Read More