Historical volatility is low on ATVIThe iShares Expanded Tech-Software Sector ETF (BATS:IGV) has mostly been in consolidation mode since August, struggling to break out above the $220 level. Not surprisingly, this price action is representative of the price action seen from one of the exchange-traded fund's (ETF) largest holdings, Activision Blizzard, Inc. (NASDAQ:ATVI). The video game company, al...Read More
The company just announced the discovery of a new strain of HIV The shares of Abbott Laboratories (NYSE:ABT) are inching higher following the pharmaceutical company's discovery of a new strain of Human Immunodeficiency Virus (HIV) called HIV-1 Group M, Subtype L. This discovery was published in the Journal of Acquired Immune Deficiency Syndromes (JAIDS), and highlighted how next-generation genome...Read More
If you're interested in Highland Gold Mining Limited (LON:HGM), then you might want to consider its beta (a measure of...Read full newsRead More
The S&P and Nasdaq are lower, at last checkStocks are holding near record highs today. Following last week's third rate cut of the year, Fed speeches are in focus, with Chicago Fed President Charles Evans earlier categorizing the central bank's monetary policy as "accommodative." Looking ahead, Philadelphia Fed President Patrick Harker is slated to speak at 3:15 p.m. ET. M&A headlines are also on...Read More
Gold continues to maintain an elevated level because of the fear of trade.Technically, gold is slightly positive for the short term.The set up for gold is similar to 2016.Futures traders are set up like they were in 2016.Gold has been holding up because of a weaker dollar and continued fears about a non-existent recession. In this piece, we update the gold market. Gold has been unable to stay abov...Read More
The combination of high stock price and low IV has been bearish for SKX in the pastSkechers USA Inc (NYSE:SKX) has been rallying sharply since its late-August lows near $29, up 34%. The shares are now trading at $39.09, within a chip-shot of their July 19 annual high of $40.50, but one signal is suggesting it's time to brace for a pullback in the retail stock.Specifically, SKX stock's Schaeffer's...Read More
A worse-than-expected fourth-quarter forecast is dragging down Match stockThe shares of online dating name Match Group Inc (NASDAQ:MTCH) are down 5.3% at $65.10 today, following the firm's third-quarter earnings report. While the Tinder parent posted profits and revenue than beat analysts' estimates, the firm's fourth-quarter outlook fell short of expectations. Match cited rising competition from...Read More
Most traders are already skeptical on CTL sharesCenturyLink, Inc. (NYSE:CTL) is trading down 4.1% today at $13.11, after a bearish analyst note came through just before the company's post-close earnings release today. Guggenheim downgraded the shares to "sell" from "neutral," saying the company should consider suspending its dividend as margin pressure will begin to catch up with it. Most analysts...Read More
Stricter environmental rules leading to output cuts in world no 1 producer China contributes to quarterly decline.Read full newsRead More
Tesla Inc plans to double the number of repair and maintenance shops, add about ...Read full newsRead More
Earnings are in focus again, along with a surprise productivity slowdownStock futures are signaling tentative gains today, after notching even more record highs yesterday. Dow futures are roughly 25 points above fair value, as traders weigh a surprise drop in third-quarter nonfarm productivity -- its biggest decline since 2015 -- against Tuesday's upbeat data on the services industry and jobs mark...Read More
WEN has found support near its 80-day trendlineIt looks like those upbeat same-store sales estimates last month were on to something. The shares of Wendy's Company (NASDAQ:WEN) are up 4.5% in electronic trading this morning, after the fast-food chain reported third-quarter adjusted earnings and revenue that topped analysts' expectations. Wendy's also upped its full-year earnings growth guidance t...Read More
AAPL stock hit a record high on TuesdayApple Inc. (NASDAQ:AAPL) stock has been on a tear in the second half of 2019, up 51% since an early June bounce off the $170 level. The FAANG stock topped out at a record high of $258.19 yesterday, before settling just below there at $257.13. BofA-Merrill Lynch thinks there's more gas in the tank, too, saying in a note that there's still "significant room for...Read More
* Barrick's five-year plan sees flat output * Shares rise 2% in Toronto * Dividend up 25% q-on-q (Updates with detail, quotes)By Arundhati Sarkar and Zandi ShabalalaBENGALURU/LONDON, Nov 6 (Reuters) - Barrick Gold Corpon Wednesday reported higher third-quarterprofits that beat analysts' estimates and raised its dividendwhile reiterating a five-year production plan.The world's second largest gold p...Read More
Is the front-month gamma-weighted SOIR a tradable indicator?Our Schaeffer's put/call open interest ratio (SOIR) measures the amount of put open interest relative to call open interest, using expiration dates within the next three months. A high number for this ratio indicates a lot of puts compared to calls. Another indicator that we use at Schaeffer's is an expiration-specific gamma-weighted SOIR...Read More
"Forum Energy posts another set of robust Rio Tinto drilling results for its Janice Lake projecthttps://t.co/8GhZNkTZtH$FMC #FMC @ForumEnergyMC"Read full newsRead More
"$HUBS - HubSpot, Inc. (HUBS) CEO Brian Halligan on Q3 2019 Results - Earnings Call Transcript. Get more updates here: https://t.co/BDCYKNRhS1 #stocks #trading #finance"Read full newsRead More
"$PLT - Plantronics' (PLT) CEO Joe Burton on Q2 2020 Results - Earnings Call Transcript. Subscribe to Seeking Alpha for more: https://t.co/ZelLj7bvrd #economy #stocks #investing"Read full newsRead More
"$PTLA - Portola Pharmaceuticals, Inc. 2019 Q3 - Results - Earnings Call Presentation. Read more and sign up for updates: https://t.co/Rtq4ZYLlmu #stocks #stockmarket #trading"Read full newsRead More
"$O - Realty Income: Reduced Total Return Potential And A Historically Low Yield. Get more info on Seeking Alpha: https://t.co/NgjmMt18vy #finance #trading #investing"Read full newsRead More