There can be little doubt that the monetary, banking and Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
IN THIS WEEKLY MARKEY UPDATE:- Following Window-Dressing End of Nov Selloff:?EUR<- Gold & Silver break out above 50 DMA: What's next?- Stacking Strategy: Wait for a Dip, or Accumulate Ounces When You Can?- Bitcoin All-Time New High! - The New Gold, or Allies as $ Alternatives?- Miles Franklin WEEKLY SPECIAL!!Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
In response to the coronavirus pandemic, Coca-Cola will cut about 2,200 jobs as part of its workforce restructuring plan.Continue...Read More
Hey guys!! I know it's been a while but don't worry! I'm going try and get back on to YouTube. I know there has been a lot of rumors of why I left, and this is the ONLY & REAL reason why I left. I left because I wasn't inspired!! I didn't know what I wanted my videos to look like and I didn't have the right vision to continue my career with Youtube. I love being apart of this community, it really...Read More
The Dow Jones Industrial Average (DJIA) finished lower today, falling short of its 71st all-time closing high of 2017 -- which would mark a new Dow record. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) joined the Dow in the red, as tech stocks were dragged lower by Apple (AAPL). Anticipation continues to build for the final Republican tax bill, which passed the House vote earlier t...Read More
BlackBerry Ltd (NYSE:BB) will report earnings tomorrow morning, and ahead of the big event, BB stock is trading down 0.5% at $10.89. The stock gapped more than 13% higher following the company's last earnings report in late September -- when it was still trading under the ticker "BBRY" on the Nasdaq -- and options traders are betting on more of the same this time around.At last check, 51,458 calls...Read More
Stocks are taking a breather, as investors await a vote on the GOP's tax bill. Among the names making big moves are blockchain investor Riot Blockchain Inc (NASDAQ:RIOT), medical device stock Zimmer Biomet Holdings Inc (NYSE:ZBH), and drugmaker Portola Pharmaceuticals Inc (NASDAQ:PTLA). Here's a quick look at what's moving shares of RIOT, ZBH, and PTLA. RIOT Stock Makes Another Big MoveOne of th...Read More
TheUnited States Oil Fund (USO) has spent the better part of two years retreating from resistance in the $12 neighborhood, as founder and CEO Bernie Schaeffer noted earlier this month. What's more, if recent history is any indicator, USO shares could start 2018 with a whimper -- and short-term options traders can speculate on the oil fund at a bargain. The exchange-traded fund's (ETF) current annu...Read More
While Twitter (TWTR) explores new highs -- extending yesterday's analyst-induced surge -- shares of Facebook Inc (NASDAQ:FB) are slumping after MoffettNathanson wrote a note to clients entitled "Facebook: Is it Time to Get Out?" In reaction, FB is trading down 1.2% at $178.71, with FAANG stocks feeling additional pressure from this morning's unusual Apple (AAPL) downgrade.In its note, the brokerag...Read More
Shares of Home Depot Inc (NYSE:HD) and Lowe's Companies, Inc. (NYSE:LOW) hit record highs today, after housing starts for November topped expectations and homebuilder confidence continues to rise. Of course, both stocks are also benefiting from the broader market's surge. When you consider the iShares U.S. Home Construction ETF (ITB) historically averages respective gains of 2.5% and 2.4% in Decem...Read More
Although the retail sector is signaling a strong close to 2017, not every retail stock is cruising into the New Year. Home goods retailer Bed Bath & Beyond Inc. (NASDAQ:BBBY) reports third-quarter earnings after the close tomorrow, and will look to avoid its recent post-earnings price-action. Below, we will take a look at Bed Bath & Beyond's past earnings moves, and examine how options traders a...Read More
U.S. stocks are lower this afternoon, pulling back from yesterday's record closing highs. The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) are all in the red at midday, with Goldman Sachs (GS) leading the blue-chip losers, and FAANG stock Apple (AAPL) pacing a tech decline. The market is still awaiting the highly anticipated tax vote from Congress, with t...Read More
Nomura initiated coverage on Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) with a "buy" rating and a $43 price target -- representing expected upside of 150% to the stock's current perch at $17.10, up 2.1% so far today. The brokerage firm said the current valuation doesn't price in SCMP's Niemann-Pick disease type C1 (NPC1) treatment -- an extremely rare metabolic disorder -- and other products in t...Read More
It's been a good second half of the year for automakers Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM). Respectively, the stocks sport year-to-date gains of 4.4% and 22%, with the latter hitting a record peak of $46.76 in late October. Brokerage firm RBC expects this trend to continue, weighing in bullishly on both F and GM this morning. RBC Bumps Up Ford Stock Price TargetFord s...Read More
As markets await news on the tax reform vote, two stocks have already ascended to fresh record highs this morning: streaming content provider Roku Inc (NASDAQ:ROKU) and online automotive stock Cars.com Inc (NYSE:CARS) are both moving after hedge funds reported stakes. Below, we will take a closer look at ROKU and CARS stocks.ROKU Stock Could Have Room to RunMorgan Stanley reported a 5.1% passi...Read More
The Dow Jones Industrial Average (DJIA) on Monday notched its 70th record high in 2017, tying 1995 for the most in one year. And with a couple weeks left before we flip the calendar -- not to mention the index taking off in early trading today, ahead of an expected vote on tax reform -- there's a good chance this year will go down in history for the blue-chip index. Further, the Dow and the S&P 50...Read More
Unless you've been hiding under a rock, you've likely been bombarded by bitcoin-related headlines over the past couple of weeks. Not only are various talking heads already suggesting a "bitcoin bubble" in the wake of last week's highly anticipated bitcoin futures launch, but several media outlets have attributed the recently dulled appetite for gold and other commodities to the soaring popularity...Read More
Pharmacy benefits provider Express Scripts Holding Company (NASDAQ:ESRX) has found new life since its mid-October bottom, rallying roughly 28% since to close at its highest point since March on Friday. In the process, the shares pushed through the $64 level, which is three times the 2009 low, and have broken out north of a trendline connecting lower highs since mid-2015. On the fundamental front,...Read More
Superstore stock Wal-Mart Stores, Inc. (NYSE:WMT) is moving higher this morning, after Citigroup upgraded the shares to "buy" from "neutral," and raised its price target to $117 from $106. In a note to clients, Citi saidit was "a big mistake" to stay on the WMT sidelines in 2017, but thinks there's more upside to come in 2018, particularly with rivals like Costco (COST) and Home Depot (HD) tradi...Read More