U.S. equities mostly finished lower on Friday in quiet trading. Headline flow was light, with more attention seemingly focused on possible cabinet picks from president-elect Donald Trump than anything else. Some soft results from retailers did, however, raise a few eyebrows.
In the end, the Dow Jones Industrial Average lost 0.2%, the S&P 500 dropped 0.2%, the Nasdaq Composite gave back 0.2% and the Russell 2000 gained 0.5%. Gold lost 0.7%, the dollar climbed for the 10th straight day and oil was volatile finishing with a gain of 0.6%.
Treasury bonds resumed their recent weakness, pushing the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) down to fresh lows not seen since early January. That boosted the ProShares UltraShort Treasury (NYSEARCA:TBT) recommended to Edge subscribers to a gain of nearly 28% since recommended on Aug. 16. And it boosted the 30-year Treasury yield further past the 3% benchmark hitting levels not seen since late 2015.
The Top 10 Mutual Funds to Buy for 2017
Hot Gold Stocks To Own For 2018: Home BancShares, Inc.(HOMB)
- [By Joseph Griffin]
Home BancShares (NASDAQ:HOMB) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.
Hot Gold Stocks To Own For 2018: TherapeuticsMD, Inc.(TXMD)
- [By ]
TherapeuticsMD (Nasdaq: TXMD) is a pharmaceutical company with an exclusive focus on products for women and advanced hormone therapies. Biotech stocks are often a target for short sellers because of the uncertainty around drug development and approvals.
- [By WWW.THESTREET.COM]
On the show’s “Lightning Round” segment, Jim Cramer was bullish on Penn National Gaming (PENN) , KeyCorp (KEY) and TherapeuticsMD (TXMD) .
- [By Ethan Ryder]
TherapeuticsMD Inc (NASDAQ:TXMD)’s share price was up 6.4% on Friday . The stock traded as high as $6.07 and last traded at $6.02. Approximately 2,747,655 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 1,984,159 shares. The stock had previously closed at $5.66.
Hot Gold Stocks To Own For 2018: Atlantia S.p.A. (ATASF)
- [By SEEKINGALPHA.COM]
Atlantia (ATASF) (AT.IM), Eiffage (OTCPK:EFGSY) (FGR.FP), Ferrovial (OTC:FRRVF) (FER.SM), Albertis (OTC:ABFOF) (ABE.SM) and Vinci (OTCPK:VCISF) (DG.FP)