Wynn Resorts (NASDAQ:WYNN) continues to trend higher, even after steady growth over the last year. The gaming company still warrants a buy as underlying fundamentals remain strong. As the Macau region further strengthens, Wynns presence there should lead to revenue growth. A stronger U.S. consumer is also aiding the companys domestic operations. Moreover, its valuation multiples signal the company....More>>>
Nike Inc. (NYSE: NKE) is scheduled to release its most recent quarterly results in the coming week, but one analyst has already weighed in on the apparel giant. As we all know, Nike was the worst performing Dow Jones Industrial Average stock in 2016, but so far in 2017 it has been one of the better performing Dow stocks. According to the analyst’s report, the company stands to run even more....More>>>
Wall Street didn’t flinch at the sudden exits of White House officials like Steve Bannon, Reince Priebus and Sean Spicer. Things may not stay as calm if Gary Cohn follows them out the door.
Cohn is President Trump’s top economic adviser, and considered to be one of the most important remaining players in the administration. Cohn has acted as a moderating force on Trump’s....More>>>
I came across NetEase (NASDAQ:NTES) in early 2013, when it was starting to become a major player in the Chinese mobile game industry. At first, I was a bit skeptical about their future growth and valuation. Video game companies are sometimes “one-hit wonders”, and decline after their top sellers lose popularity. But NetEase is an exception. After watching it for a few months, I decided....More>>>
November 18, 2016: Markets opened higher Friday but the good vibe did not last. The energy sector posted the best gain while the healthcare sector fared worst. As we head into the holiday week, and especially the Black Friday shopping holiday, we’ll be keeping an eye on the success or lack of it in the retail sector. WTI crude oil for December delivery settled at $45.69 a barrel, up 0.6% for....More>>>
The dollar firmed against its major rivals on Thursday, extending its recent strength as investors bet that recent economic data made an interest-rate increase by the Federal Reserve a near-certainty in the coming months.
The move came one day before the September jobs report, which will be released Friday morning and could be a big driver for currencies and the broader market
Facebook Inc. (NASDAQ: FB) was worried about this, and so was traditional media. Bogus news sites had more traffic than legitimate ones late in the election cycle, according to a survey done by BuzzFeed:
A BuzzFeed News analysis found that top fake election news stories generated more total engagement on Facebook than top election stories from 19 major news outlets combined.
TOKYO–Japanese export volumes rose at the fastest pace in nearly two years in November, in a positive sign for the world’s third-largest economy.
Export volumes jumped 7.4% in November from a year earlier, driven by overseas demand for semiconductors, ships and metals, for the largest increase since January 2015, according to data released Monday by the Ministry of Finance.
The S&P 500 and Nasdaq tumbled this week as investors dumped tech stocks and investors looked ahead to the Italian referendum on Sunday.
The S&P 500 fell 1% this week after finishing little changed at2,191.95 today, while the Dow Jones Industrial Average ticked up 0.1% this week after dipping 21.51 points, or 0.1%, to 19,170.42. The Nasdaq Composite dropped....More>>>
Futures for U.S. markets pointed higher late Thursday indicating investors see more elevation in the post-election rally that now has the Dow Jones Industrials aiming to crest 20,000.
The S&P 500 was up 0.03%, the Dow Jones Industrials 0.06% and Nasdaq 0.01% at 8:40 p.m. EST.
All three indices hit records Thursday as investors cheered the Santa rally, the post-election rally and....More>>>
Related XOM Dan Nathan Sees Unusual Options Activity In Exxon Mobil Trump's Saudi Oil Ban Is An 'Empty Threat' Bakken Update: Adding To The Oil Glut ,Part 3, Midland Basin Production Increases 262% Per Well In 2015 (Seeking Alpha)
Exxon Mobil Corporation (NYSE: XOM) may have struck....More>>>
Theorizing about how the U.S. election might impact financial markets has become a favorite pastime of market strategists.
Now, a team of fixed income and emerging-markets analysts at Societe General have come together to offer their two cents about how the outcome of the election could impact the currency marketspecifically the dollar and emerging-market currencies, which have been part....More>>>
This post is sponsored by TD Ameritrade
The last few Fridays haven’t been kind to the Street, with the market closing lower three weeks in a row. Will today be a different story?
Exactly one year after setting its all-time intra-day high, the S&P 500 index (SPX) starts Friday well below that level, but appeared ready....More>>>
Yesterday, shares of United Continental (UAL) and American Airlines (AAL) got pummeled after Delta Air Lines (DAL) offered disappointing guidance. Today, airline stocks are getting smacked again, this time after Credit Suisse Julie Yates and Parker Kim cut their ratings on American and United Continental, while stating a preference for airlines like Southwest Airlines (LUV) and Spirit Airlines (SAVE)....More>>>
Investors sure do change their minds quickly.
Traders are racing to rethink their views on the paceof Federal Reserve interest-rate increases after a stronger than expected reading on inflation. The question now is whetherthe datawill remain strong enough to keep the market buoyant.
So-called core inflation, which strips out volatile food and energy categories, rose 0.3% last month,....More>>>