Mizuho called the pharma stock "very salvageable and cheap"Allergan plc (NYSE:AGN) stock is attempting a comeback today, after a Mizuho Securities analyst said the stock was undervalued -- calling it "very salvageable and cheap." AGN stock took a recent hit after the recall of its textured breast implants in Europe, resulting in a five-year low of $125.84 on Dec. 26. Today, though, AGN is pacing f...Read More

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The equity just pulled back to a key trendlineThe shares of Horizon Pharma PLC (NASDAQ:HZNP) touched a two-year high of $23.38 in early November, before pulling back with the broader stock market. However, now could be time to jump in on the next leg higher for HZNP, if recent history is any indicator.Specifically, the pharma stock recently came within one standard deviation of its 160-day moving...Read More

Nonfarm payrolls surged by 312,000 in December. Economists surveyed by Dow Jones had been expecting payroll growth of just 176,000.Wages jumped 3.2 percent from a year ago and 0.4 percent over the previous month. The year-over-year increase is tied with October for the best since April 2009.The unemployment rate rose to 3.9 percent as more workers joined the labor force.Jeff Cox| @JeffCoxCNBCcomPu...Read More

AAPL stock had its worst day in years on ThursdayEven with the New Year's holiday, there was plenty of action to take in on Wall Street for the first trading week of 2019. Most of the trading centered around the huge sell-off in Apple (AAPL) shares, after the iPhone maker lowered its current-quarter outlook due to weakness out of China, which only added to recent jitters about the health of the gl...Read More

INTC has struggled to breakout in recent monthsIntel Corporation (NASDAQ:INTC) is sitting at the top of the Dow today, after BofA-Merrill Lynch upgraded the chip stock to "buy" from "neutral," and lifted its price objective to $60 from $52. The analyst in coverage called INTC a "compelling large-cap investment," and waxed optimistic on the company's shift to a more data-centric model. At last chec...Read More

Wall Street is also optimistic about U.S.-China trade talksThe Dow Jones Industrial Average (DJI) has shot more than 600 points higher today, as traders cheer a strong December jobs report and digest the latest comments from Fed Chair Jerome Powell. The central bank head said the Fed would exercise patience on the path of rate hikes, and will "watch to see how the economy evolves." Elsewhere, Wall...Read More

One of the names was also downgraded at two brokerage firmsApple (AAPL) suppliers took a hit yesterday, after the iPhone maker cut its revenue guidance. The downside had analysts scrambling to readjust ratings on several names, with semiconductor names Analog Devices, Inc. (NASDAQ:ADI) and Qorvo Inc (NASDAQ:QRVO) in particular seeing bearish brokerage attention overnight.Most Analysts Call Analog...Read More

A free tool can help traders bank big during the upcoming earnings season.Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to position...Read More

The Democratic Republic of Congo is in uncharted waters as the nation awaits election results marking the end of President Joseph Kabila's rule. One thing is certain: the mining world is watching closely.Congo, which held presidential polls on Dec. 30, is one of the world's most important but difficult mining jurisdictions. Companies including Glencore Plc, Barrick Gold Corp. and China Molybdenum...Read More

Bloomberg News/LandovFed Chairman Jerome Powell, pictured with Fed Vice Chairman Richard Clarida,will talk about the job data later Friday. The surprisingly strong December jobs report indicates the Federal Reserve will keep raising interest rates, but the next move might not come for six months, economists said Friday. "Taken in isolation, the [jobs] report would tend to increase the likelihood t...Read More

Chinese steel futures rose on Friday, with iron ore contracts hitting the highest in more than two months, buoyed by expectations that steel mills would replenish their stocks of the raw material.Prices also clawed back some lost ground as market sentiment improved following news that China and the United States will hold another round of trade talks next week as they look to end a dispute that is...Read More

FLXN was hit with several price-target cutsFlexion Therapeutics Inc (NASDAQ:FLXN) stock is down 3.2% at $11.94 in early trading, and touched a two-year low of $10.98 out of the gate, after the company announced sub-par full-year revenue guidance -- sparking a round of negative analyst attention. Specifically, Benchmark downgraded FLXN to "hold," while Berenberg cut its price target to $28 from $42...Read More

GME is on track for a hard-earned close above its 10-week moving averageThe shares of GameStop Corp. (NYSE:GME) have shot up 11% this morning to trade at $14.39, after buyout buzz surfaced in a Wall Street Journal report. In an article entitled, "As Videogame Market Shifts, GameStop Struggles to Boost Sales," Sycamore Partners and Apollo Global Management were pegged as potential suitors for GME (...Read More

ALGN had been one of the best stocks in recent yearsInvisalign parent Align Technology, Inc. (NASDAQ:ALGN) was one of the darlings of the bull market in recent years. The shares boomed from their early 2017 perch in the mid-90s to their September 2018 record high of $398.88 -- but the tide has been turning since. Most notably, ALGN stock suffered a massive bear gap in October, and steadily fell in...Read More

NFLX shares are set to open up 4%The shares of Netflix, Inc. (NASDAQ:NFLX) are up 4% in electronic trading this morning after Goldman Sachs added the FAANG name to its "conviction list." Goldman Sachs believes Netflix offers one of the best risk/reward propositions of all the U.S. internet stocks, noting the company's commitment to content will keep driving subscriber growth. While the brokerage...Read More

Wage growth saw its biggest rise in almost 10 yearsDow Jones Industrial Average (DJI) futures are trading more than 200 points above fair value this morning. The jobs report for December is the top story on Wall Street, after the U.S. economy added 312,000 jobs last month, torching estimates of 176,000. Moreover, wages increased by the most since 2009, though the unemployment rate did tick back up...Read More

Democratic Republic of Congo revised down its estimate of cobalt production for the first nine months of 2018, to 81,292 tonnes from an earlier estimate of 115,116 tonnes, central bank data showed on Friday.The revision means that output of cobalt, an important component of electric car batteries, rose 35.9 percent compared to the same period in 2017, rather than 92.5 percent as the bank said prev...Read More

Global markets plummeted this week on China slowdown worries, dragging industrial metals prices along and increasing future demand concerns, which has prompted analysts to question whether Beijing is doing enough to address the country's economic contraction.BMO analyst Colin Hamilton said in a note to investors Friday there were many questions in the metals market raised by the trend in China of...Read More

Global markets plummeted this week on China slowdown worries, dragging industrial metals prices along and increasing future demand concerns, which has prompted analysts to question whether Beijing is doing enough to address the country's economic contraction.BMO analyst Colin Hamilton said in a note to investors Friday there were many questions in the metals market raised by the trend in China of...Read More