Bank stocks will be in focus next week, with quarterly results from several high-profile financial names marking the start of third-quarter earnings season. The release of the September Fed minutes could also draw interest to the sector, as traders look for clues to a possible December rate hike. Ahead of these closely watched events, financials are one of the leading sectors we track, with Goldma...Read More
Stocks are extending their ascent into all-time-high territory, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all hitting fresh record peaks. While the Dow is pacing for a seventh straight win,the Nasdaq and SPX are headed for an eighth consecutive gain, which would mark the latter's longest winning streak since mid-2013. Wall Street is digesting...Read More
Analysts are weighing in on Dow stock Microsoft Corporation (NASDAQ:MSFT), as well as biotechs ACADIA Pharmaceuticals Inc. (NASADQ:ACAD) and Gilead Sciences, Inc. (NASDAQ:GILD). Here's a quick roundup of today's bullish brokerage notes on shares of MSFT, ACAD, and GILD.Canaccord Genuity Upgrades Microsoft StockMicrosoft is up 0.6% to trade at $75.14, after Canaccord Genuity upgraded the tech stock...Read More
U.S. stocks are trading higher today, with the S&P 500 aiming for its longest winning streak in years. Among the stocks making moves this morning are beverage company Constellation Brands, Inc. (NYSE:STZ), global delivery service FedEx Corporation (NYSE:FDX), and drugmaker Inovio Pharmaceuticals Inc (NASDAQ:INO). Here's a closer look at what's moving shares of STZ, FDX, and INO.Constellation Ear...Read More
Analysts are weighing in on luxury retailer Coach Inc (NYSE:COH), pharma stock Celgene Corporation (NASDAQ:CELG), and Apple supplier Western Digital Corp (NASDAQ:WDC). Here's a quick roundup of today's bearish brokerage notes on shares of COH, CELG, and WDC.Coach Stock Lower After DowngradesCoach received two downgrades today, one to "peer perform" from "outperform" at Wolfe Research, and another...Read More
Dow Jones Industrial Average (DJIA) futures are higher, with the index aiming for a seventh straight win and another all-time high. Likewise, the S&P 500 Index (SPX) is eyeing its eighth consecutive up day, which would mark its longest win streak in years. Ahead of tomorrow's closely watched nonfarm payrolls report, the Labor Department said weekly jobless claims fell by more than expected last we...Read More
Free Physical Gold Investment Kit: https://regalassets.com/a/7787 Free Bitcoin IRA Investment Kit: https://regalwallet.com/?id=7787 The U.S. dollar is in crisis. Trillions of currency units have been printed. Near-zero interest rates have done nothing to stimulate the economy. And now, up to 40 different countries are leaving the dollar. Federal Reserve members recently held a private meeting in W...Read More
With gold price trading at current levels, below $1,300 an ounce, one geologist says we may be running out of gold. "If the gold price stays at these levels, there's not enough quality ounces," Exploration Insights' Joe Mazumdar told Kitco News at the Mines & Money conference in Toronto. The problem? There is not enough exploration, he said. "Grassroots exploration as a proportion of exploration e...Read More
It’s all illegal! That’s Madrid’s position on the referendum in Catalonia. Of about 5.5 million eligible voters, about 2.4 million chose–or were able–to cast ballots. 90% of them voted in favor of independence from Spain.Spanish courts have ruled, and leaders have repeated, that the country’s Constitution does not allow a region to separate. European Union cour...Read More
It’s all illegal! That’s Madrid’s position on the referendum in Catalonia. Of about 5.5 million eligible voters, about 2.4 million chose–or were able–to cast ballots. 90% of them voted in favor of independence from Spain.Spanish courts have ruled, and leaders have repeated, that the country’s Constitution does not allow a region to separate. European Union cour...Read More
Tiege Hanley review: Is it worth the hype or is it overhyped? Is Tiege Hanley the best skin care for men? Testing and reviewing the Tiege Hanley men's skin care subscription service. In this Tiege Hanley review, I'll be looking at the packaging, ingredients, smell, using the products, price and comparison to other men's skin care products. Tiege Hanley skin care for men has been created Alpha M (A...Read More
TheDow Jones Industrial Average (DJIA) extended its winning streak to six sessions, notching another record high. In addition, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) battled back from a morning dip, touching all-time peaks and bringing their winning streaks to seven -- the SPX's longest since May. Stock traders breathed a collective sigh of relief after Secretary of State Rex Tillerso...Read More
U.S. stocks are trading higher again this afternoon, with the Dow eyeing a sixth straight winning win. Solar stock Real Goods Solar, Inc (NASDAQ:RGSE) and biotech stock Motif Bio(NASDAQ:MTFB) are soaring, while specialty retailer Office Depot Inc (NASDAQ:ODP) is in the gutter. Here's a quick look at what is moving shares of RGSE, MTFB, and ODP.Real Goods Solar Stock More Than Triples After...Read More
Even with the U.S. stock market carving out record highs in today's trading, the CBOE Volatility Index (VIX) is up 1.8% at 9.68, on track for its second straight day of gains. While this upside should be taken with a grain of salt considering the market's "fear gauge" is lingering in single-digit territory -- and near historically low levels -- call volume on the volatility is running at a slightl...Read More
Pharmaceutical stocks have dominated headlines today, including a major FDA win for Mylan (MYL) and a potentially lucrative partnership for CytomX Therapeutics (CTMX). Against this backdrop, the SPDR S&P Biotech ETF (XBI) is fresh off a two-year high, and one options trader is paying big bucks to bet on even more upside for the exchange-traded fund (ETF).So far today, XBI has seen roughly 38,000...Read More
Electric vehicle maker Tesla Inc (NASDAQ:TSLA) is in the spotlight again today, with the stock attempting a rebound after bullish analyst attention. Specifically, Nomura Instinet started TSLA stock with a "buy" rating, as well as a 12-month price target of $500, which represents a roughly 40% increase from the stock's current perch. The firm's analyst believes Tesla is "well positioned to accrue...Read More
Amazon.com, Inc. (NASDAQ:AMZN) has put in a strong technical performance in 2017, up 29%. And though AMZN has retreated from its July 27 record high of $1,083.31, it found a sturdy foothold near $940 -- home to a 38.2% Fibonacci retracement of the November-to-July surge -- last seen trading up 0.8% at $963.28, even after the European Union (EU) issued a lofty tax fine on the firm. With Amazon shar...Read More
Despite wobbling in early trading, the Dow Jones Industrial Average (DJIA) is modestly higher at midday, set to extend its winning streak to six sessions. The Dow touched another record high this morning, and the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also flirting with all-time highs -- and pacing for a seventh straight win -- after spending part of the morning lower. Investors are...Read More