AMTD stock is down 29% already in OctoberIt's been a bruising week for TD Ameritrade Holding Corp. (NASDAQ:AMTD) stock after Charles Schwab (SCHW) said it is eliminating U.S. stock, exchange-traded funds (ETF), and options commissions. That sent the shares tumbling nearly 26% on Tuesday, while AMTD fell another 3.3% on Wednesday, after the broker said it would drop online trading commissions to ze...Read More
Microsoft had its hardware event on WednesdayMicrosoft Corporation (NASDAQ:MSFT) fell sharply yesterday during the company's annual hardware event, at which it unveiled a number of new products, including a foldable smartphone. But the Dow component is trading up 0.8% at $135.75 today, bouncing from the 120-day moving average. This obscure trendline has actually proven to be an important level for...Read More
An excessive amount of optimism was priced into Archer Daniels Midland stockSubscribers to Schaeffer's Weekly Options Countdown just scored an easy profit on the Archer Daniels Midland Co (NYSE:ADM) weekly 10/4 42-strike put. Below, we'll explain why we expected a big downside move for ADM shares, and how the winning trade unfolded.At the time of our initial recommendation this past Sunday, Sept....Read More
RBC said the sector could be attractive to traders looking to play defenseDespite the ugly start to October for most stocks, one sector has stood out recently: real estate investment trusts (REITs). In fact, analysts at RBC recently outlined several reasons to like the sector, and named Annaly Capital Management (NYSE:NLY) as its top pick. Meanwhile, fellow REIT American Tower Corp (NYSE:AMT) stoc...Read More
The S&P and Nasdaq have turned higherIt's been a roller-coaster session on Wall Street, with the Dow Jones Industrial Average (DJI) treading water at midday. The blue-chip index was down over 300 points at its session lows, after the Institute for Supply Management (ISM) non-manufacturing index came in at a lower-than-expected 52.6 for September -- its lowest reading since August 2016. But the D...Read More
Baird sees a new record low ahead for the sharesDrugmaker Audentes Therapeutics Inc (NASDAQ:BOLD) is down 1.4% at $27.32 today, after Baird initiated coverage on the stock with an "underperform" rating. The analyst also slapped BOLD with a $10 price target, which is roughly a 64% discount to last night's close of $27.69, and would represent a new record low for the stock. Generally, analysts have...Read More
The latest Insights newsletter draws on our subscriber content from September 30th which points to a fall of worry. In the broadcast of the week, INK CEO Ted Dixon discusses the outlook for Canadian stocks with a focus on the Telecom sector. Our Insider of the Week just enjoyed a big pay day, along with shareholders in his real estate firm. Click here to read Will optimism win out? Read More
"Gold Metals Market Impressive Gains including Key Players: Barrick Gold, Newmont Mining, Randgold Resources https://t.co/GUk6p7hQPb"Read full newsRead More
Here is what's new today on INK Ultra Money. INK Research subscribers have access to both premium and free content. If you are asked to sign in, select INK Research as your subscription website.1. China Slowdown: A Risk to the 'Asian Century'? - Real Vision (Subscriber content)Will gathering headwinds in China force the Asian superpower into recession - and could a Chinese downturn snowball into...Read More
TSLA said it delivered 90,000 vehicles in the third quarterAs predicted by Cowen earlier this week, Tesla Inc (NASDAQ:TSLA) said it hit record production of 96,155 vehicles in the third quarter. However, the company also said it delivered 97,000 vehicles in the three-month period -- just below Wall Street's consensus estimate of 97,500 cars, and well below the company's target of 100,000 autos. As...Read More
GOOGL has added 15% since its early June lowsOnline powerhouse Alphabet Inc (NASDAQ:GOOGL) is inching its way higher this morning, fresh off a price-target hike out of Deutsche Bank. The firm raised to $1,600 from $1,475, citing a new layer of confidence toward the company's Google Cloud service. Analysts at Deutsche Bank also said they believe Google Cloud's worth of an estimated $225 billion is...Read More
Shorts may be using FEYE call options to hedgeLast night, Business Insider reported FireEye Inc (NASDAQ:FEYE) hired Goldman Sachs as an advisor for a potential sale. While the report indicated talks were in the early stages, that hasn't stopped FireEye stock from popping this morning, up 2.5% to trade at $14.16. Additionally, SunTrust Robinson weighed in, initiating coverage on the cybersecurity s...Read More
The major exchanges have seen a huge uptick in UTX put buyingUnited Technologies Corporation (NYSE:UTX) is trading up 0.9% in early action at $131.70, thanks to a note from Credit Suisse which started coverage on the stock with an "outperform" rating and $164 price target -- representing almost 26% upside to Wednesday's close. While the shares sport a solid year-to-date lead of 22.5%, they've been...Read More
The company cut its outlook for the second half of the year Camera concern GoPro Inc (NASDAQ:GPRO) is near the bottom of the Nasdaq today, after the firm slashed its earnings-per-share outlook for the second half of its fiscal year to between 33 cents and 39 cents, compared to its previous forecast between 37 to 49 cents. GoPro put the blame on shipment issues and production delays around its newl...Read More
Data from the services sector will be a main highlight todayThe selling in stocks is set to continue on Wall Street this morning, as the focus will remain on the health of the global economy. Futures on the Dow Jones Industrial Average (DJI) are trading below fair value following news the U.S. will impose tariffs on aircraft and agricultural products from the European Union (EU), beginning on Frid...Read More
Global Energy Metals (TSXV:GEMC) has announced itsattendance at the 2019 China Mining Summit, where it will work to emphasise itsposition as a future source of battery metals like cobalt, nickel, and copper. Thebusiness will be represented at the top mining summit, held in Tianjin, by itsChina-bRead full newsRead More
Power Metal Resources (LSE:POW) rose by more than 10pcon Tuesday afterrevealing that nickel sulphide targets have been confirmed at the MolopoFarms Complex (MFC) project in Botswana.A helicopter-borne electromagnetic survey (EM) overthe 2,725km2 asset's feeder zone delineated numerous targetRead full newsRead More
"#POW with an update on #KAT, which raised ?100,000 yesterday to advance its projects.#POW holds 5.9% of #KAT + 10m warrants at 1.25p. Current #KAT SP = 1p, with M-Cap of < ?2m. With #gold still strong, worth keeping an eye on thishttps://t.co/XSOkuhVVHA"Read full newsRead More
* Evans says two recent rate cuts are appropriate * Would make further adjustments if needed * Fed will keep focusing on economy despite criticism fromTrump * ECB-Vice President says markets are underpricing hardBrexit (Adds quotes and details from the event in Madrid)By Jes??s Aguado and Jose El?-as Rodr?-guezMADRID, Oct 3 (Reuters) - The outlook for the U.S. economyis "quite good", but...Read More
"$TROW - T. Rowe Price: No Debt And Growing Dividend. Read more and get updates on any stock! https://t.co/S57vqlAASN #trading #stocks #investing"Read full newsRead More