Category Archives for News

Here’s a blueprint for investors trading the different China-US trade war outcomes

Investors

Citigroup has a China trade deal strategy for all the possible outcomes from the trade negotiations between Washington and Beijing. Sectors in the crosshairs — including technology and industrials — could see the widest stock swings depending on the success of the talks, according to the report published Tuesday. While China has already started to repurchase […]

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Tesla shares jump after Canaccord Genuity upgrades the stock and predicts 40% rally

stock

Tesla shares got off to the week with a good start after Canaccord Genuity upgraded the stock and predicted a monster rally as electric vehicle penetration improves and the company gets closer to building a car that is affordable for the masses. Canaccord upgraded Tesla to buy from hold and raised its 12-month price target to […]

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Stocks are rallying before fresh trade war talks between the US and China kick off

US China Trade

Global stocks are rallying sharply Monday ahead of a busy week for markets in which investors are bracing for significant volatility. With trade talks between Washington and Beijing kicking off Monday, as well as China’s markets reopening after a week off, it is set to be a busy week for stocks. “We could expect to see more […]

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After going up for six straight weeks, the stock market comeback is on hold

Dow Jones

The Dow Jones Industrial Average is headed for its first negative week of 2019, and there are a few key reasons the stock market’s recent rally has slowed.The Dow and S&P 500 indexes each climbed over 7 percent in the past six weeks, but the rally in U.S. stocks has paused.Here are the three major […]

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Trading Range Action Likely as the Bulls Finally Relent

S&P 500

Since the market bottomed on December 24, the S&P 500 has only been down two days in a row once prior to yesterday. The losses were quite mild but this morning there is a strong indication that a three day losing streak may be likely. The recent uptrend has been remarkably strong with the indices closing […]

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BB&T And SunTrust To Merge, Forming 6th-Largest Bank In The U.S.

merge

BB&T and SunTrust have agreed to merge into a new and as-yet-unnamed bank, in an all-stock deal valued at approximately $66 billion. The new bank, which would have its headquarters in Charlotte, N.C., will be the sixth-largest in the U.S. based on assets and deposits. Both of the banks are calling it a “merger of equals.” […]

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Falling margins need to reverse course before Alphabet Inc. (NASDAQ:GOOG) stock breaks out to new highs

profit estimates

Technology giant Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) reported fourth-quarter numbers after the bell on Monday, Feb. 4. Although the company topped both revenue and profit estimates, Google stock dropped in response due to concerns regarding swelling costs. Specifically, operating margins dropped to 21%. That’s the lowest operating margins have been on an adjusted and normalized basis in a long, long […]

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Markets Mixed After State Of Union Address, Earnings Still In Focus, Good News On Trade

Federal Reserve

Trade News Lifts Futures In The USUS futures were trading flat and mixed after last night’s State of the Union address until good news on trade hit the market. The news is this, Secretary of the Treasury Steve Mnuchin says the trade talks have been very productive and confirmed he is traveling to Beijing next […]

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Boeing just hit a record, might get an even bigger rally despite its surging price

shares

There are stocks that have bounced back from their day-after Christmas lows, and then there’s Boeing. Shares of the aviation giant have soared 40 percent since its Dec. 26 low and 27 percent this year as of Tuesday’s close, when the stock broke above $400 for the first time ever to a record high. It […]

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Earnings season is doing something it hasn’t done since beginning of the bull market

bull market

Independent research firm Bespoke Investment has uncovered an earnings trend that hasn’t happened since the bull market started. According to its co-founder Paul Hickey, companies are seeing their strongest stock price performances on the days they’re reporting earnings in a decade. “The average return of companies reporting earnings so far this earnings season has been a gain […]

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