Category Archives for News

Dow rises more than 180 points to retake 26,000, notches 9-week winning streak

Dow Rises

Stocks rose on Friday as another round of trade talks between the U.S. and China wrapped up with investors increasingly more hopeful a deal will be struck. The Dow Jones Industrial Average gained 181.18 points to 26,031.81 as Intel outperformed. The 30-stock index also broke above 26,000 for the first time since early November and posted […]

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Stocks, Oil Prices Jump On Trade Talks; Intel Upgraded

Stocks

Stocks jumped higher Friday as Intel and Tesla were early risers. Trade Desk  scored a breakaway gap breakout. President Donald Trump was scheduled to join the China trade talks underway in Washington, stirring investor optimism and oil prices.The Dow Jones industrials popped 0.5%, enough to turn the index positive for the week and aim toward its […]

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Millennials are making this group of stocks the hottest trade this year

double-digit gains

Beauty stocks are turning heads as some of the marquee names in the space notch double-digit gains this year. Coty, Ulta, Estee Lauder and e.l.f Beauty have gotten a boost as the cosmetics industry has benefited off the exponential rise in consumer confidence. Coty is the top performer, up more than 70 percent and on track […]

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This Stock Market Gauge Just Hit An All-Time High- And That’s Bad News For Bears

gauge

One widely used gauge of the health of the stock market has hit an all-time high, potentially setting the stage for a further rally by U.S. equity benchmarks, say technical analysts. The New York Stock Exchange’s advance/decline line touched an all-time high on Wednesday, as seen in the chart below from StockCharts:Paul Schatz, the president of […]

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Stocks making the biggest moves premarket: CVS Health, Garmin, Gannett, Apple & more

CVS Health

CVS Health- reported adjusted quarterly profit of $2.14 per share, beating the $2.05 consensus estimate. However, revenue fell short of forecasts, and CVS also gave a weaker than expected full year outlook due to deterioration in its long-term care business.Garmin – The maker of GPS devices posted adjusted quarterly earnings of $1.02 per share, 22 […]

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Trading Walmart Stock After Earnings Jump

earnings

Walmart  is starting a holiday-shortened trading week with a bang. Shares are on the move after the company reported stronger-than-expected fourth-quarter earnings results. The retailer’s other positive news and solid momentum are giving investors a breath of fresh air and shares are just a few dollars shy of their 52-week high of $106.21, closing up […]

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‘Panic buying’ likely to drive stock market higher in the near term

panic buying

Stocks could get a short-term boost as fear of missing out on gains leads more investors to plow more money into the U.S. equity market, analysts said.The S&P 500 rose more than 2 percent last week, posting its seventh weekly gain in the last eight. The surge in stocks comes as investors increasingly bet China […]

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Crypto Trading Volume Hits 9 Month High at $34 Billion

crypto

Crypto markets still rallying; EOS and BCH running away with it, Cardano, Dash and ETC performing well.The big crypto rally which began with Ethereum yesterday has continued today where a different top performer has emerged. Total market capitalization reached a high of $134 billion as a further $9 billion was added to yesterday’s pump. Daily volume […]

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As Wall Street rallies on US-China trade hopes, bond investors may be worried about a recession

recession

The stock market is euphoric over the idea that a trade deal between the U.S. and China will fix the economy and boost earnings. However, the bond market is a different story. There, investors still perceive uncertainty, and even a possible recession lurking.”One of these markets is going to be wrong, and it’s hard to […]

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Global Stocks Edge Higher as U.S.-China Trade Talks Progress

U.S.-China trade negotiations

Global stocks rose Monday as investors eyed the next steps in the U.S.-China trade negotiations. Following a rally in Asia, where Hong Kong’s Hang Seng rose 1.6%, the Stoxx Europe 600 added 0.1%. U.S. markets were closed for the Presidents Day holiday. Dow Jones Industrial Average futures were up 0.1%. The Dow last week notched its […]

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