Travel site TripAdvisor (NASDAQ:TRIP) willreport third-quarter earnings after the close on Monday. Travel stocks have struggled this earnings season, with sector peer Ctrip.com International (CTRP) tanking after its report on Thursday. Plus, TripAdvisor found itself in hot water earlier this week, over a report that the travel website was removing user warnings about certain travel destinations....Read More
While the Dow Jones Industrial Average (DJIA) has retreated from the record high it hit earlier to hover near breakeven alongside the S&P 500 Index (SPX), a post-earnings Apple (AAPL) stock rally has the Nasdaq Composite (IXIC) outperforming. Economic data has been in focus all morning, with the nonfarm payrolls report for October coming in below expectations. However, the ISM non-manufacturing in...Read More
Earnings season is in full swing, with today's report from Apple (AAPL) dominating the equity news flow. And after the closing bell on Monday, traders will digest results from weight management services provider Weight Watchers International, Inc. (NYSE:WTW).Here's a closer look at what traders are expecting from WTW stock ahead of earnings.WTW Makes Big Moves After EarningsWeight Watchers sto...Read More
On Thursday, General Electric Company (NYSE:GE) closed down 0.08% -- marking its ninth straight loss, and its longest daily losing streak since 2009. Before that, you'd have to go all the way back to 1988 to see a nine-day GE losing streak, and this is just the fifth time since 1978 the stock has strung together this many consecutive declines. Here's closer look at how the GE stock year tends to p...Read More
U.S. stocks are mixed this morning following October's nonfarm payrolls report and the latest round of corporate earnings. Among the stocks making moves are Dow component Apple Inc. (NASDAQ:AAPL), music streaming service Pandora Media Inc (NYSE:P), and drug concern Valeant Pharmaceuticals International Inc (NYSE:VRX). Here's a closer look at what's moving shares of AAPL, P, and VRX.AAPL Soars to...Read More
Analysts are weighing in on tech stocks Acacia Communications, Inc. (NASDAQ:ACIA) and Tableau Software Inc (NYSE:DATA), as well as oil concern Chesapeake Energy Corporation (NYSE:CHK). Here's a quick roundup of today's bearish brokerage notes on ACIA, DATA, and CHK.Acacia Communications Stock Sinks to Fresh Low After EarningsAcacia Communications stock earlier touched an annual low of $38.29, a...Read More
Analysts are weighing in on video game stock Activision Blizzard, Inc. (NASDAQ:ATVI), cloud concern Arista Networks Inc (NYSE:ANET), and gene therapy specialist bluebird bio Inc (NASDAQ:BLUE). Here's a quick roundup of today's bullish brokerage notes on shares of ATVI, ANET, and BLUE. Activision Stock Eyes Record Highs on Call of Duty Release DayActivision Blizzard stock is up 2.4% before the ope...Read More
Dow Jones Industrial Average (DJIA) futures are pointed cautiously higher this morning, as markets process a busy week of earnings and economic data. Both the Dow andNasdaq-100 Index (NDX) are on pace for fresh intraday highs and weekly wins, with Apple (AAPL) providing a boost after its upbeat earnings report and encouraging iPhone X sales. Meanwhile, the S&P 500 Index (SPX) has more ground to...Read More
It was a wild ride on Wall Street today, as stocks reacted to Republican tax plans, earnings, and a big Fed announcement. The Dow Jones Industrial Average (DJIA) explored a range of more than 180 points on both sides of breakeven, but managed to erase losses brought on by the House's new tax code proposal, swinging to a record high after President Trump tapped Fed Governor Jerome Powell to replace...Read More
Housing stocks are spiraling today in reaction to the Republican tax plan. Specifically, the newly released proposal includes a provision to cap the mortgage interest rate deduction at $500,000 -- half the current limit. Among those taking it on the chin are the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB), while individual stocks Home Depot Inc (NYSE:HD) and To...Read More
Wayfair Inc (NYSE:W) is down 19.9% today at $59.60, landing on the short-sale restricted list following this morning's larger-than-expected third-quarter loss. While the shares still sport a 12-month gain of 87%, short sellers -- including Citron Research -- have to be pleased with today's price action. Below, we'll take a closer look at W stock and its precarious place on the charts. But first, i...Read More
Stocks are trading mixed this afternoon, after the Republican tax plan proposal resulted in whipsaw price action. Electronic component producer KEMET Corporation (NYSE:KEM), optical components concern Oclaro Inc (NASDAQ:OCLR), and biotechnology company Riot Blockchain Inc (NASDAQ:RIOT) are making big moves. Here's a quick look at what's moving shares of KEM, OCLR, and RIOT.KEM Joins List of NYSE...Read More
Next week will mark the one-year anniversary of the presidential election that stunned the nation. In the wake of Donald Trump's victory, which defied pre-election polls, the major stock market indexes have extended their quests for record highs. Below, we'll take a look at how the S&P 500 Index (SPX) tends to perform during the last three years of a presidential term, based on performance during...Read More
Following this week's onslaught of economic data -- and hints of a potential December rate hike from the Fed -- next week's docket looks relatively bare, with Friday's consumer sentiment data one of just a few reports on the list. However, there's plenty of action on the corporate earnings front to hold Wall Street's attention. Semiconductor stocks will continue to be in focus, with a handful of h...Read More
Bank stocks Morgan Stanley (NYSE:MS) and Credit Suisse Group AG (NYSE:CS) are in the spotlight this week, after the Fed hinted at a December rate hike in its latest policy statement. Additionally, President Trump is expected to tap Fed Governor Jerome Powell to replace Fed Chair Janet Yellen in this afternoon's Rose Garden ceremony. What's more, both stocks recently pulled back to key trendline...Read More
Stocks are mostly lower at the halfway point, with the release of the House's tax code proposal resulting in whipsaw price action. Specifically, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (COMP) all fell sharply following the unveiling of the Republican tax plan, but have since pared some of those losses. The plan calls for a permanent corporate tax rate of...Read More
Shares of Chinese online retailer JD.com Inc (NASDAQ:JD) have surged on the charts this year, tacking on roughly 50%. Since touching an all-time high of $48.99 on Aug. 8, the e-commerce stock has gradually pulled back to its current perch at $38.26. Nevertheless, this retreat could signal a buying opportunity, as JD stock nears a key trendline with historically bullish implications.JD stock...Read More
Subscribers to Schaeffer's Weekly Options Countdown service just tripled their money in two short days on our Cree, Inc. (NASDAQ:CREE) weekly 11/3 31.50-strike call recommendation. Here's a closer look at what put CREE stock on our bullish radar, and how the options trade we recommended on Sunday, Oct. 29, unfolded.Despite reporting relatively lackluster third-quarter earnings in mid-October, CREE...Read More
U.S. stocks are trading mixed this morning, as traders await the unveiling of the House Republican tax bill and President Trump's Fed Chair pick. Among the stocks making moves this morning are athletic device company Fitbit Inc (NYSE:FIT), drug concern Teva Pharmaceutical Industries Ltd (NYSE:TEVA), and Chinese e-commerce company Alibaba Group Holding Ltd (NYSE:BABA). Here's a closer look at wha...Read More
Analysts are weighing in on electric carmaker Tesla Inc (NASDA:TSLA), cybersecurity stock FireEye Inc (NASDAQ:FEYE), and camera company GoPro Inc (NASDAQ:GPRO). Here's a quick roundup of today's bearish brokerage notes on TSLA, FEYE, and GPRO.Tesla Posts Biggest-Ever Quarterly LossTesla stock is down 6.1% to trade at $301.22 -- territory the shares haven't visited since April -- after the elect...Read More