It was an eventful week for retail stocks and Dow namesSomebody forgot to tell Wall Street that these are supposed to be the summer doldrums. Record highs for the Dow, S&P 500, and Nasdaq were had early in the week, and the kickoff of earnings season was the predominant storyline the last five days. Trade tensions still lingered too, and investors scrounged for every scrap of information about a p...Read More
"We are definitely sitting on a huge expanding sector! #NoWhereElseToGoButUp #Cannabis $NBUD #Northbud #Cannabiscultivation $GRIN #GrownRogue #MichiganCannabis $CROP #Cropinfrastructure #CannabisFranchise https://t.co/qQcamZTYuN @Benzinga @BzCannabis"Read full newsRead More
Chewy unveiled its quarterly earnings report, the first since going public in JuneWith earnings in view, stocks are mixed in afternoon trading, but the major market indexes are pacing for a weekly loss. Two stocks that are lower today are pet food concern Chewy Inc (NYSE:CHWY) and oncology issue Marker Therapeutics Inc (NASDAQ:MRKR). Here's a look at what's moving CHWY and MRKR today. Chewy Stock...Read More
"#Eatables are the next big thing... Gradually coming to #Canada in December. And the #juniorcannabis companies are ready for this market opportunity!See $GRIN $NBUD $CROP ??"^#MomentumStocks#Cropinfrastructure #CannabisFranchise #Cannabis #CSE #SmallCaps https://t.co/cukN83V7ko"Read full newsRead More
BofA-Merrill Lynch downgraded the equity to "underperform"The shares of Michaels Companies Inc (NASDAQ:MIK) are swimming in red ink today, due to ugly analyst attention. BofA-Merrill Lynch downgraded the craft retailer to "underperform" from "neutral," and took a hatchet to its price target, cutting it to $5 from $9 -- a discount of 40% to yesterday's close of $8.37. The analyst said that even as...Read More
"$SBM #SironaBiochem #Biotech #SkinCare #Proactiv #Rodan+Fields #CanadaianStocks #StocksToWatch #tsxv #SmallCaps #MomentumStockshttps://t.co/7AmzId66h0"Read full newsRead More
"$VSR #CorporatePresentation ??"^???"Read full newsRead More
J.P. Morgan Securities reinstated coverage with an "underweight" ratingThe chemicals sector appeared near the bottom of our internal Sector Scorecard this week, with the average 52-week stock return in the sector coming in at negative 13.3%. Nevertheless, most analysts remain bullish on the group. However, that could be starting to change, with Cowen and Company issuing a warning on the sector, an...Read More
Some Boeing traders are looking ahead to next week's earnings reportBoeing Co (NYSE:BA) is the best Dow stock this afternoon, after the aerospace giant said its grounded 737 MAX planes are expected to begin flying again in the fourth quarter. BA also indicated it will ramp up production of the aircraft by next year, and compensation to airlines as a result of delayed 737 MAX deliveries will transl...Read More
Gold miners are in a relative strength positions versus the S&P 500.This rare occurrence reflects intermediate-term investment demand.Gold stock internal momentum suggests higher prices are ahead.After months of lagging the gold price, as well as the S&P 500 Index (SPX), gold mining stocks have come into their own this summer. The gold miners are now among the market's top-performing group...Read More
CALM has struggled on the charts over the long termEgg producer Cal-Maine Foods Inc (NASDAQ:CALM) is up 0.6% at $39.32 this afternoon, with the long-term underperformer set to snap its two-day losing streak. History suggests the stock could be in store for more downside after the company's fiscal fourth-quarter earnings, slated for release before the market opens this Monday, July 22. Below, we w...Read More
"$CCW #DueDiligence ??"^???"The secret to being successful in trading is to have a thirst for information and knowledge$CCW #Canadacobaltworks #Tesla #Cobalt #Batterymetals #Cobaltmine #tsxv #SmallCaps #StocksToWatch #FutureMetal #MomentumStocks #Panasonichttps://t.co/hBCWo9XsXK"Read full newsRead More
"Great article on the challenges that social media restrictions cause for marketing #Cannabis! @Benzinga @BzCannabis Companies like #GrownRogue #NBud and #Crop have found their own way to stay ahead of the crowd. See: $NBUD $CROP $GRIN #MomentumStockshttps://t.co/0Jp4vCEd2e"Read full newsRead More
Credit Suisse initiated coverage on AMC with an "outperform" rating and an $18 price targetThe shares of AMC Entertainment Holdings Inc (NYSE:AMC) just toppled the $10 mark for the first time in nearly a month, up 6.7% at $10.26 after Credit Suisse initiated coverage on the movie theater concern with an "outperform" rating and an $18 price target -- roughly a 90% premium to last night's close. The...Read More
Triumph Gold Corp. (Read full newsRead More
President Trump is tweeting about Fed rate cutsThe Dow Jones Industrial Average (DJI) is modestly higher, thanks to Microsoft (MSFT) -- today's big blue-chip earnings winner. In addition, Boeing (BA) stock is higher after the company said the grounded 737 MAX should be back in service in the early part of the fourth quarter. Investors are also digesting the latest tweets from President Donald Tr...Read More
The shoemaker reported impressive second-quarter earningsSkechers USA Inc (NYSE:SKX) has gapped into annual-high territory today, after the shoemaker's earnings reports sparked a round of bullish brokerage notes. The optimism has spread to the options pits, too, where it looks like some day traders are betting on even bigger gains through tonight's close.Taking a quick step back, Skechers said its...Read More
Monetary policy coupled with technical indicators mean you "need to be involved in precious metals," according to The Gold Guru founder Greg Weldon.He likes buying the VanEck Vectors Gold Miners ETF (GDX), which is breaking out versus gold and equities, at current levels.Other ways Weldon likes playing precious metals include silver miners, and specifically First Majestic Silver (AG). The Gold Gur...Read More
The Wall Street freshman reported a revenue beatNewly public cybersecurity stock CrowdStrike Holdings Inc (NASDAQ:CRWD) is enjoying a serious surgefollowing the company's earnings debut. CrowdStrike reported fiscal first-quarter earningsin line with analysts' estimates, and revenue that beat expectations. The firm also predicted stronger-than-expected current-quarter figures. CRWD stock is up 14.5...Read More
WW has added 60% since May 31The shares of WW International, Inc. (NASDAQ:WW) are up 5.9% to trade at $26.70 today -- one of the better stocks on the Nasdaq this morning -- after D.A. Davidson delivered an upgrade to "buy" from "neutral," while upping its price target to $32 from $24.50. Analyst Linda Weiser thinks the Oprah stock has moved off its low, noting encouraging subscriber trends and im...Read More