U.S. equities finished mixed on Tuesday, hitting fresh all-time highs early in the session before some selling pressure hit the tape and prices drifted lower. There is no major catalysts in play, just a continuation of recent themes: Vague positive feelings about President Trump’s plans, relatively strong quarterly results and a comfortable impression that the Federal Reserve isn’t in....more>>>
BALTIMORE ( Stockpickr) — Which stocks should I buy? It’s the eternal question that most investors spend most of their time wondering. But is it the wrong question?
Must Read: Warren Buffett’s Top 10 Dividend Stocks
More so than any other year since 2008’s market crash, 2014 has been a year for stock pickers. That’s because, as the end of the calendar....more>>>
In a short period of time readers and I have been pleasantly surprised by the outperformance of this model portfolio.
Click to enlarge Figure 1: Ceviche Fund Snapshot November 19th
While the fund takes a “go anywhere” approach, lately the opportunities we’ve been seeing are in biotech companies that are undervalued relative to their future prospects, with catalysts....more>>>
Do we need to remind you how hard biotech stocks have been hit this year? If you read this blog, probably not, but we’ll do it anyway. The iShares Nasdaq Biotechnology ETF (IBB) has fallen 24%, while Gilead Sciences (GILD) has declined 8.7%, Biogen (BIIB) has fallen 17%, Celgene (CELG) has dropped 16%, and Regeneron Pharmaceuticals (REGN) has plunged 32%. Yet despite these drops–and....more>>>
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FINRA Hits Merrill With $7M Penalty on Customer Accounts
The Securities and Exchange Commission on Thursday approved amendments to FINRA rules to increase the number of arbitrators on the public arbitrator list that FINRA sends to parties during the arbitration panel selection....more>>>
Forget the pundits—they totally blew the call on this election. And I sure hope you didn’t take their stock advice, either.
Ahead of the vote, one economics professor said the market would drop 7% if Trump won. Another analyst said you should go to cash “if you’re not already there.”
I could go on.
If you followed that advice, you’ve missed....more>>>
November 18, 2016: Here are four stocks trading with relatively heavy volume among 46 equities making new 52-week lows in Friday’s session. On the NYSE, advancers and decliners traded about equally and on the Nasdaq advancers led decliners traded by about 7 to 6.
Infosys Ltd. (NYSE: INFY) dropped nearly 1.1% on Friday to post a new 52-week low of $13.89 against a 52-week high of $20.47.....more>>>
Dont count on a fast recovery for Dollar General (DG).
Thats the warning from Guggenheim analyst John Heinbockel after the dollar store chain unveiled dismal third quarter financial results, with a surprise drop in same store sales, and cut its full-year forecasts due to lower grocery prices and food stamp benefit cuts.
We had anticipated a 3Q sales shortfall on ongoing deflation/SNAP....more>>>
In a market that was remarkably muted, shares of Whole Foods Market (WFM) soared thanks to speculation that Kroger (KR) is contemplating an acquisition of the struggling high-end grocer. That made Whole Foods our hot stock today.
Shares of Whole Foods Market jumped 4.9% to $29.33 today, while Kroger gained 1.8% to $29.37. The S&P 500 ticked up 0.1% to 2,160.77.
Deutsche Bank’s Paul Trussell writes that Costco Wholesale (COST) is “still head & shoulders above the rest” despite a very tough environment for retailers. He explains why:
Costco’s stock has become a topic of debate in recent months as the post Visa (V) transition period has not yet led to sales lifting back in-line with historical....more>>>
Box Inc. said its revenue climbed 30% in its latest quarter, though the software maker posted another loss as it spends to grow its business.
Shares rose 2.6% in after-hours trading as the loss narrowed from a year earlier and the company lifted its outlook for the year.
The California company went public early last year, and its shares initially surged in a sign of renewed demand....more>>>