Analysts are bullish toward the underperforming pharmaceuticals sectorDrug stocks have underperformed recently, with just 19% of the 130 stocks we track under the "Pharmaceuticals & Biotechnology" umbrella trading north of their 80-day moving average. Analysts have barely budged in their bullish outlooks, though, with 65% of those covering these stocks still maintaining a "buy" rating -- putting t...Read More

The VIX is eyeing its highest close since Aug. 15The Dow Jones Industrial Average (DJI) is down over 450 points at midday -- heading for its worst single-session percentage drop in over a month -- as Wall Street extends its brutal start to the fourth quarter. Subpar economic data continues to fuel fears of a recession, this time with the latest ADP employment report signaling a slowdown in privat...Read More

Pepsi is expected to post its third-quarter earnings before the open tomorrowFood and beverage concern PepsiCo, Inc. (NASDAQ:PEP) is down 1.5% at $135.33 today, just ahead of its third-quarter earnings, slated for release before the open tomorrow. This dip follows the equity's second-highest close on record, ending yesterday at $137.37 -- just beneath its early September peak around $139. In fact,...Read More

A look at two historical underperformers with attractively priced optionsStocks are off to a rough start in October, as lackluster economic data spooks investors. What's more, several stocks could be in for a rough month, or quarter, if recent history is any indicator. Among the worst stocks to own in October and the fourth quarter, respectively, are semiconductor concern Advanced Micro Devices, I...Read More

"Gold Metals Market Impressive Gains including Key Players: Barrick Gold, Newmont Mining, Randgold Resources https://t.co/Pbo7JrprGV"Read full newsRead More

LYV shares are testing the 160-day moving averageLive Nation Entertainment, Inc. (NYSE:LYV) looks like it could be ready to bounce on the charts. After hitting an all-time high of $73.72 on July 26, the shares have gradually pulled back slightly to test the 160-day moving average, as well as a trendline connecting its lows from June and February -- hinting at potential chart support. Analysts at J...Read More

The firm just announced a CBD collaboration with International Flavors & FragrancesThe shares of Neptune Wellness Solutions Inc (NASDAQ:NEPT) are surging after the health and wellness company announced a strategic collaboration with International Flavors & Fragrances (IFF) to co-develop hemp-derived CBD products for the U.S. market. While the stock initially jumped on the news, it was last seen do...Read More

The brokerage firm can't justify ATVI's stock price with its fundamentalsBernstein downgraded Activision Blizzard, Inc. (NASDAQ:ATVI) to "underperform" from "market perform," saying, "the market is paying too much on the hope that this is the trough." The brokerage firm went on to say that it "cannot reconcile the current stock price with ATVI's risk-adjusted fundamentals," but raised its price ta...Read More

MNST is heading for its lowest close since AprilThe shares of Monster Beverage Corp (NASDAQ:MNST) are lower this morning, after Guggenheim cut its rating to "neutral" from "buy." The analyst in coverage also slashed their price target to $60 from $74, and noted that they see Coca-Cola's (KO) foray into the energy drink business as a big headwind. At last check, Monster Beverage stock was down 2....Read More

Dow futures are sharply below fair valueDow Jones Industrial Average (DJI) futures are trading below fair value this morning, pointing to a more than 100-point drop for the index, as U.S. stocks look to extend their weak start to the fourth quarter. The Dow and S&P 500 Index (SPX) experienced sharp losses on Tuesday due to bleak manufacturing data, and economic data is in focus again today, with t...Read More

"#KAV with more details about the 3 targets its Kalahari Sutur Zone drill programme, due to commence in the next couple of weeksThe company is aiming to intercept conductors at 200m to 400m. The targets are within trucking range of Hukuntsi https://t.co/yRZNZSPrO8"Read full newsRead More

"#HZM appoints Pedro Rodrigues dos Reis as project director for #AraguaiaRodrigues was previously project director for MMG Limited where he led the US$7 billion Las Bambas copper Project in Peru.This looks like a significant appointmenthttps://t.co/k0A6iwYyRl"Read full newsRead More

Stocks tend to underperform after the gap between bulls and bears gets this wideIt was just about seven months ago -- and roughly 6% ago, in terms of S&P 500 Index (SPX) returns -- that we last discussed the significance of the so-called "bulls minus bears" measure in the weekly Investors Intelligence (II) sentiment survey. This metric, as literally as the name suggests, tells us how wide the gulf...Read More

Traders should target underperforming stocks with a high number of "buy" ratingsThis week I'm going to do a basic sector analysis using our contrarian philosophy. For those unfamiliar with our contrarian approach, we look for stocks which have performed well but are despised by investors. The pessimism is an indicator of sideline money. As a stock outperforms, it starts to become clear for the bea...Read More

* Glencore warehouse unit mostly to blame for losses, judgesays * Marex can only claim back fraction of $32 mln judgment * Case related to fake receipts for nickel stored in Asia (Adds comment from Access World in paragraphs 13-14) By Eric Onstad LONDON, Oct 2 (Reuters) - Glencore warehouse unitAccess World was mostly to blame for $32 million of losses froma complex metals fraud, but broker Marex...Read More

"$BYND - Beyond Meat: How It Stacks Up Against Hyper-Growth Stocks Of The Past 20 Years. Keep reading: https://t.co/OHt5inIfDA #business #markets #trading"Read full newsRead More

"$CONN - This 7.8%-Yielding Bond Is Certainly Attractive. Follow this and any other stock on Seeking Alpha! https://t.co/bEIIGF3aO9 #economy #stockmarket #investing"Read full newsRead More

A summary of base metals premiums from across the globe for the week to Tuesday October 1.Please click...Read More

Fastmarkets rounds up six key takeaways from its first Battery Materials Europe conference in Amsterdam, which took place on September 26-27.Battery boom warrants evolution of cobalt pricing mechanisms Cobalt hydroxide and cobalt sulfate account for a growing portion of the cobalt market, which reflects growth - and forecasts for future growth - in EV demand. While cobalt metal prices have traditi...Read More

The three-month tin price on the London Metal Exchange was the standout performer at the close of trading on Tuesday October 1, closing over 2% higher amid high turnover while mixed trading pushed zinc futures 2.4% lower. Trading at an intraday low of $15,950 per tonne, LME tin's outright price broke past the $16,000-per-tonne threshold over the morning session, settling at $16,250 per tonne by 5p...Read More