Category Archives: News Releases

Dow Jones Today: Plenty of Good News

InvestorPlace Stock Market News Stock Advice amp Trading Tips With the help of broad based leadership the major U S equity benchmarks rallied Wednesday amid a flurry of decent headlines Today s leadership came by way of the technology and healthcare sectors the two largest

Q3 Earnings Season Preview

Note The following is an excerpt from this week s Earnings Trends 160 report You can access the full report that contains detailed historical actual and estimates for the current and following periods 160 please click here gt gt gt Here are the

Stock Market Today: Small Caps Are Back? 

InvestorPlace Stock Market News Stock Advice amp Trading Tips It was another positive day on Wall Street with stocks closing near their highs on Wednesday Again small cap stocks stole the show in the stock market today All week we ve been pointing out

Health Care Sector Update for 09/12/2019: MNK, TTOO

Top Health Care Stocks Top Health Care Stocks JNJ 0 02 JNJ 0 02 PFE 0 24 PFE 0 24 ABT FlatABT Flat MRK 0 69 MRK 0 69 AMGN FlatAMGN Flat Health care giants were mixed pre bell Thursday Health care giants were mixed pre bell Thursday Early movers include Early movers

U.S. Dollar Index Futures (DX) Technical Analysis – With Euro Running the Show, Strengthens Over 98.835, Weakens Under 98.685

The U S Dollar is trading flat against a basket of currencies early Thursday but the index really isn t a good indicator of what is happening in the Forex markets because it is heavily weighted in Euros which are also trading flat The U S Dollar is trading flat against a basket of

As Tensions Ease Between the U.S and China, it’s all Eyes on the ECB

Earlier in the Day Earlier in the Day The economic calendar was on the lighter side through the Asian session this morning Economic data was limited to August house price figures out of the UK Theeconomic calendar was on the lighter side through the Asian session this morning Economic

Stock Market News For Sep 12, 2019

Wall Street surged on Wednesday after trade related tensions between the United States and China eased Moreover investors are expecting further rate cut by the European Central Bank and the Fed this month All three major stock indexes closed in the positive territory The Dow Jones

CPI Core Stronger, Jobless Claims Drop & More

Thursday September 12 2019 Following a slightly better than expected August Producer Price Index PPI headline Wednesday this morning we see its counterpart the Consumer Price Index CPI arrive in line with estimates 0 1 is lower than the 0 3 we saw in July Subtracting food

The Dollar Ignored Trump’s Call For Zero-Rates

However the Fed may well ignore this call which does not correspond with the dual mandate of the central bank maintaining stable inflation and full employment The Fed lowered interest rates to zero and launched an asset buyback programme during a sharp economic downturn when unemployment

Cryptocurrency vs. Penny Stocks

Since the price is low an investor with little capital can buy shares and in case he can read the market correctly his investment will have healthy returns Since the price is low an investor with little capital can buy shares and in case he can read the market correctly his investment

Do Two Weekly Declines Make a Case for Lower Gold Ahead?

Only except that they won t at least not for several months Is anything different now than it was during other gold corrections in the past couple of months Yes There are three major details that prove that this time really is different First it s the fact that gold declined for two weeks

U.S. Dollar Index Futures (DX) Technical Analysis – Establishing Support at 98.350 to 98.120

The U S Dollar is trading slightly higher on Tuesday against a basket of currencies The price action is basically reflecting the movement in the Euro which is the dominant current in the dollar index The greenback is trading inside last Thursday s wide range for a third session

Health Care Sector Update for 09/10/2019: CANF, MNK, MESO, JNJ, PFE, MRK, ABT, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ 1 06 JNJ 1 06 PFE 1 00 PFE 1 00 ABT 0 26 ABT 0 26 MRK 1 52 MRK 1 52 AMGN FlatAMGN Flat Top health care stocks were retreating pre bell Tuesday Top health care stocks were retreating pre bell Tuesday Early movers include

3 Big Stock Charts for Tuesday: Boston Scientific, GM and United Airlines

InvestorPlace Stock Market News Stock Advice amp Trading Tips The bulls tried to revive the rally from last week as the new trading week began but no dice The S amp P 500 essentially broke even on Monday as investors remain on the fence about the true strength of the global

Health Care Sector Update for 09/10/2019: XERS,NKTR,PHR,AGIO

Top Health Care StocksTop Health Care Stocks JNJ 1 44 JNJ 1 44 PFE 0 94 PFE 0 94 ABT 2 04 ABT 2 04 MRK 3 03 MRK 3 03 AMGN 3 29 AMGN 3 29 Health care stocks added to their mid day declines with the NYSE Health Care Index slipping over 0 3 this afternoon while the shares of

Stock Market News For Sep 10, 2019

Wall Street witnessed choppy trading Monday as investors weighed the likely outcome of the latest round of trade talk between the United States and China Moreover market participants are waiting for fresh dose of stimulus from major central banks expected to be announced later this month The

Pre-Market Tepid on Slow News, Apple (AAPL) Event

Tuesday September 10 2019 Pre market futures are dialing back a bit from a mixed trading day on Monday September has performed strongly thus far up 1 5 2 0 on the major indexes Even more on positive sentiment the indexes only need to rise another 2 or so higher to reach those all

Futures Flat, ECB Meeting Comes Into Focus, Chinese Inflation Weaker Than Expected

The U S Futures Are Flat and Mixed In Early Tuesday TradingThe U S Futures Are Flat and Mixed In Early Tuesday Trading The U S futures are indicating a flat to slightly lower open on Tuesday after Monday s rally fizzled out The Dow Jones Industrial Average S amp P 500 and and NASDAQ

Tuesday’s Vital Data: Twilio, AT&T and Bank of America

InvestorPlace Stock Market News Stock Advice amp Trading Tips U S stock futures are trading lower this morning with tech stocks leading the descent Yesterday saw heavy sector rotation with money exiting software stocks and entering energy and banks While the movement is weighing on

Market Close Report: NASDAQ Composite index closes at 8,084.16 down -3.28 points

Tuesday s session closes with the NASDAQ Composite Index at 8 084 16 The total shares traded for the NASDAQ was over 2 49 billion Tuesday s session closes with the NASDAQ Composite Index at 8 084 16 The total shares traded for the NASDAQ was over 2 49 billion Advancers stocks led declining

A light Economic Calendar Leaves Brexit and the ECB in Focus

Earlier in the Day Earlier in the Day The economic calendar was on the lighter side through the Asian session this morning Key stats included 3 rd quarter BSI Large Manufacturing Conditions figures and September consumer sentiment numbers out of Australia Theeconomic calendar was on

4 Top Stock Trades for Wednesday: AAPL, DIS, NFLX, ROKU

InvestorPlace Stock Market News Stock Advice amp Trading Tips All eyes were on Apple NASDAQ AAPL for its streaming announcements as well as new iPhones iPads and Apple Watch upgrades The implications go further than just Apple and the

Dow Jones Today: Apple Didn’t Save the Market

InvestorPlace Stock Market News Stock Advice amp Trading Tips Technology bellwether Apple NASDAQ AAPL held its highly anticipated new products reveal today in California plenty more on that later and while the iPhone maker announced some interesting

Stock Market Today: Streaming Wars Are About to Get Real

InvestorPlace Stock Market News Stock Advice amp Trading Tips Tuesday marked another interesting day in U S equities Investors saw good bad and ugly in the stock market today with assets mixed for the second straight session Worth noting in this case though the

Apple Suppliers Trading Higher in Asia

The major Asia Pacific stock indexes are trading mostly higher early Wednesday overcoming the lackluster overnight trade on Wall Street that saw small gains posted by the benchmark S amp P 500 Index and blue chip Dow Jones Industrial Average U S technology shares were under pressure for a

Why Home Depot's Share Climbed 1.6x In 3 Years

Home Depot s HD stock price has increased more than 1 6x from 134 share in August 2016 to 220 share in August 2019 The increase was primarily driven by a continuous increase in Total Revenue Net Income margin and the buyback of shares Revenue growth and margin increase are expected

What To Make of Roche's Drugs With $21 Billion In Sales Nearing Patent Expiry?

Roche Holding s 160 RHHBY 160 key blockbuster drugs Herceptin and Avastin will lose their market exclusivity in 2019 while another blockbuster drug Rituxan has already lost its exclusivity These three drugs are important for Roche as they generate 21 billion in annual

Industry Headwinds, Fallout Of Recent Data Breach To Weigh On Capital One's Stock

Capital One COF is one of the largest issuer of credit cards in the U S with more than 110 billion in outstanding credit card loans at the end of 2018 It provides consumer banking commercial banking and credit card services to retail consumers small business amp corporates Its

By The Numbers: How Tariffs On Airpods & Apple Watch Impacts Apple's Profits

Bloomberg reported that Apple s 160 AAPL Airpods Apple Watch some Beats headphones and HomePod face a 15 tariff in the United States starting from Sunday Sept 1 marking the first time Apple will see a direct impact of the escalating trade war between the U S and China We believe it

Health Care Sector Update for 09/03/2019: ALNY, EMMA, AZN, CDTX

Top Health Care Stocks Top Health Care Stocks JNJ 0 27 JNJ 0 27 PFE 1 59 PFE 1 59 ABT 1 28 ABT 1 28 MRK 0 01 MRK 0 01 AMGN 1 47 AMGN 1 47 Top health care stocks were mixed in midday trading including a 0 3 dip for the NYSE Health Care Index Also shares of health

U.S.-China Trade Deal a Pipe Dream?

Tuesday September 3 2019 Beginning a new month of trading we see market futures down in today s pre market A new round of tariffs levied in the ongoing trade war between the U S and China were put into place Sunday September 1st This will not only increase the challenges for

How Tesla's Deliveries Compare With Luxury Rivals Audi, BMW, Mercedes

Tesla TSLA has significantly scaled up its production over the last few years driven by the Model 3 In this analysis we take a closer look at Tesla s total deliveries and compare them with other rivals in the luxury market Tesla TSLA has significantly scaled up its production

Health Care Sector Update for 09/03/2019: ABEO,EBS,TMD.TO,TMDI,APLS

Top Health Care StocksTop Health Care Stocks JNJ 0 32 JNJ 0 32 PFE 1 45 PFE 1 45 ABT 1 71 ABT 1 71 MRK 0 19 MRK 0 19 AMGN 1 36 AMGN 1 36 Health care stocks were moderately lower compared with most other sectors this afternoon with the NYSE Health Care Index slipping about 0 3

Market Close Report: NASDAQ Composite index closes at 7,874.16 down -88.72 points

Tuesday s session closes with the NASDAQ Composite Index at 7 874 16 The total shares traded for the NASDAQ was over 2 18 billion Declining stocks led advancers by 2 47 to 1 ratio There were 926 advancers and 2287 decliners for the day On the NASDAQ Stock Exchange 35 stocks reached a 52

4 Top Stock Trades for Wednesday: TWTR, WMT, CLF, NVTA

InvestorPlace Stock Market News Stock Advice amp Trading Tips Tuesday marked the first trading session of September as well as the first session in the holiday shortened week with U S equity markets closed on Monday in observance of Labor Day It wasn t an easy session

Forex Daily Recap – Cable Took a Breather amid Brexit Showdown

GBP USD GBP USDGBP USD After four red sessions in a row the Cable bulls took a breather today post UK Parliamentary voting Quite surprisingly UK PM Boris Johnson s Conservative Party lost majority in the Parliament The leading player for the Liberal Democrats win was Phillip Lee the

Stock Market Today: Google Probe Intensifies; New Lows for Uber, Lyft

InvestorPlace Stock Market News Stock Advice amp Trading Tips After a three day weekend it appeared that investors didn t quite have their sea legs ready for Tuesday s action Traders saw a lower open in the stock market today followed by a larger decline into mid

Dow Jones Today: Not the Way to Start September

InvestorPlace Stock Market News Stock Advice amp Trading Tips September has a dubious reputation among the 12 months when it comes to equity market performance Over the past two decades the S amp P 500 has averaged a September decline of 1 1 making the ninth month of the year

China Data Provides Support as Focus Shifts to the EUR and GBP

Earlier in the Day Earlier in the Day The economic calendar was on the busier side through the Asian session this morning Key stats included August manufacturing numbers out of China Australia and Japan 2 nd quarter capital spending out of Japan and 2 nd quarter company gross

Daily Fix – The USD Breakout Continues

I ve focused on positioning where I have looked at the weekly Commitment of Traders CoT futures report Skew which is the demand for put option volatility over call volatility which for me is the best guide around sentiment the more negative the number the greater the expected move to

U.S. Dollar Index Futures (DX) Technical Analysis – Strong Upside Momentum as Long as Euro Remains Weak

The U S Dollar soared against a basket of currencies on Friday on the back of better than expected U S economic data a plunge in the Euro and the repatriation of dollars tied up in foreign investments The U S Dollar soared against a basket of currencies on Friday on the back

Health Care Sector Update for 08/30/2019: AKTX, NVS, SNY, NKTR, JNJ, PFE, MRK, ABT, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ 0 01 JNJ 0 01 PFE 0 71 PFE 0 71 ABT 0 60 ABT 0 60 MRK 0 44 MRK 0 44 AMGN 0 49 AMGN 0 49 Health care majors were rallying pre market Friday Health care majors were rallying pre market Friday Stocks moving on

Stock Market News for Aug 30, 2019

Major indexes ended in the green on Thursday as trade tensions between the United States and China appeared to ease Stocks moved higher after China hinted its unwillingness to retaliate against Washington s new round of tariffs Second a revision of second quarter GDP growth revealed an

3 Big Stock Charts for Friday: Mylan, Newell and Home Depot

InvestorPlace Stock Market News Stock Advice amp Trading Tips For the first time in over a week the market moved the same direction two days in a row The S amp P 500 made a 1 27 gain on Thursday though that still leaves it below the key 50 day moving average line The volume

Strong Trading Week Ends on Mixed Income, Spending Data

Friday August 30 2019 On this final trading day before the long Labor Day weekend we expect low volumes overall on what looks to be the strongest trading week since June Mixed data on income and spending from July fills out the end of the week Personal Income from last month came

Health Care Sector Update for 08/30/2019: AAC, PRTK, QHC, CYH

Top Health Care Stocks Top Health Care Stocks JNJ 0 33 JNJ 0 33 PFE 0 69 PFE 0 69 ABT 0 70 ABT 0 70 MRK 0 28 MRK 0 28 AMGN 0 56 AMGN 0 56 Health care stocks were slightly stronger in midday trading with the NYSE Health Care Index up 0 3 Shares of health care companies

Futures Rise On Trade Hopes, Consumer Spending Comes In Hot, Brexit Drama Continues

The U S Futures Are Up In Early Friday TradingThe U S Futures Are Up In Early Friday Trading The U S futures are up in early Friday trading after hopes for a trade deal were stoked in Thursday s session News from President Trump is that U S and Chinese negotiators held phone talks on

Friday’s Vital Data: McDonald’s, Twitter and Micron Technology

InvestorPlace Stock Market News Stock Advice amp Trading Tips U S stock futures are looking up this morning pushing equity indexes back to the upper end of their volatile trading range For the S amp P 500 the 2 940 level has been a graveyard in the sky where rallies go to die

Health Care Sector Update for 08/30/2019: PRTK

Top Health Care Stocks Top Health Care Stocks JNJ 0 03 JNJ 0 03 PFE 0 72 PFE 0 72 ABT 0 60 ABT 0 60 MRK 0 34 MRK 0 34 AMGN 0 47 AMGN 0 47 Health care stocks were mixed in late afternoon trade Friday including a slight gain for the NYSE Health Care Index

Market Close Report: NASDAQ Composite index closes at 7,962.88 down -10.51 points

Friday s session closes with the NASDAQ Composite Index at 7 962 88 The total shares traded for the NASDAQ was over 1 75 billion Friday s session closes with the NASDAQ Composite Index at 7 962 88 The total shares traded for the NASDAQ was over 1 75 billion Advancers stocks led declining by 1

5 Top Stock Trades for Tuesday: CPB, AMBA, MRVL, BIG

InvestorPlace Stock Market News Stock Advice amp Trading Tips Bulls wouldn t go down without a fight but they weren t strong enough to keep the markets elevated heading into the long holiday weekend Here are our top stock trades after a busy Friday Top Stock Trades

Stock Market Today: 2020 Recession Odds; Ulta Pummeled

InvestorPlace Stock Market News Stock Advice amp Trading Tips It wasn t a great session for the stock market today But after rallying most of this week it s hard for bulls to complain too much heading into the long holiday weekend The SPDR S amp P 500 ETF

Dow Jones Today: It Could Have Been Worse

InvestorPlace Stock Market News Stock Advice amp Trading Tips Fridays leading into holiday weekends particularly the Friday prior to Labor Day usually don t generate much excitement on Wall Street and if there is it s usually a bad sign So with that in mind today s results

U.S. Dollar Index Futures (DX) Technical Analysis – Spikes Higher as Euro Sinks; U.S. Investors Cut Foreign Exposure

The U S Dollar is trading higher against a basket of currencies on Friday with most of the gains attributed to a plunge in the Euro which drove the single currency into its lowest level since May 2017 The Greenback also posted gains against the Canadian Dollar and British Pound The safe

Weekly Wrap –Yield Curve Inversions, Trade, and Brexit Drove the Majors

The StatsThe Stats It was a busy week on the economic calendar in the week ending 30 th August It was a busy week on theeconomic calendar in the week ending 30thth August A total of 57 stats were monitored throughout the week compared with 35 in the week prior A total of 57 stats

Health Care Sector Update for 08/29/2019: CANF, AZN, IBIO, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ 0 26 JNJ 0 26 PFE 0 94 PFE 0 94 ABT 0 90 ABT 0 90 MRK 0 14 MRK 0 14 AMGN FlatAMGN Flat Health care heavyweights were mostly higher pre bell Thursday Health care heavyweights were mostly higher pre bell Thursday Early

Thursday’s Vital Data: Autodesk, Costco and Bank of America

InvestorPlace Stock Market News Stock Advice amp Trading Tips U S stock futures are trading higher this morning Daily turns in the trade war narrative continue to drive stock prices Today s boost is coming after China s commerce ministry said they firmly reject and escalation

Q2 GDP Revised to 2.0%, Plus Q2 Earnings: BBY, DG & More

Thursday August 29 2019 Ahead of the penultimate trading day of August this year and ahead of the long Labor Day holiday weekend we see a few economic data points which may be of some interest to investors We also see a sweep up of late reporting retailers in their fiscal Q2

Stock Market News for Aug 29, 2019

Benchmarks closed in the green on Wednesday led by gain in energy and financial stocks However the gains were limited due to further inversion in yield curve and trade war concerns The Dow Jones Industrial Average DJI rose 1 or 258 2 points to close at 26 036 10 The S amp P 500

Health Care Sector Update for 08/29/2019: AZN, ABBV, IBIO

Top Health Care Stocks Top Health Care Stocks JNJ 0 16 JNJ 0 16 PFE 0 47 PFE 0 47 ABT 0 93 ABT 0 93 MRK 0 36 MRK 0 36 AMGN 0 04 AMGN 0 04 Health care stocks were up broadly including a 0 8 gain for the NYSE Health Care Index in midday trading Also shares of health