Volatility in the technology sector is hitting a rare high. Compared with the overall market, the tech sector is as volatile as it has been since 2002. Extreme volatility is scary... High volatility means big price swings... And big price swings can make you feel like you're
Cliffs Natural Resources (CLF) shares have been under pressure since March. The downside was very significant -- a stock that traded around $12 at its highs traded below $6 a few days ago. However, it appears as if the downside momentum has finally ended and Cliffs is able to return to the previo
April 7, 2017: Here are four stocks trading with relatively heavy volume among 60 equities making new 52-week lows in Friday’s session. On the NYSE, decliners led advancers by about 8 to 7 and on the Nasdaq advancers and decliners traded evenly, 1,400 to 1,409.
DryShips Inc. (NASDAQ: DRYS) dropped about 30% Friday to post a new 52-week low of $0.72 after closing at $1.03 on Thursday.....More>>>
Gold prices of late have been testing support just under the market, if you will, preparing for a healthy rally into higher territory.
As I see it, a relatively small group of hedge funds and institutional speculators have been calling the tune for gold, trading the recent range, buying on dips, selling on rallies, and gradually adding to their physical holdings – a behavioral pattern....More>>>
Admittedly, the idea for Chemed (NYSE:CHE) to spin off Roto-Rooter is as ancient as the runaway bull market of the past eight years. Hedge funds have been calling for the spin-off for years, one of the earliest examples being MMI Investments all the way back in 2009. I can’t disagree because logically, the move makes plenty of sense. Is it really in shareholders’ best interest to own....More>>>
When Shutterfly Inc. (NASDAQ: SFLY) released its fourth-quarter earnings report after the markets closed on Wednesday, the company said it had $2.63 in earnings per share (EPS) and $561.2 million in revenue. The consensus estimates had called for $2.84 in EPS and revenue of $586.4 million. In the same period of last year, it posted EPS of $3.57 and $548.1 million in revenue.
Related SPY Fed Says It May Hike Rates In June, But Will It Actually Follow Through? S&P 500 Index Futures Trading Lower In Wild Session Protecting Our Portfolios Following Fed News – Bezek's Daily Briefing (Seeking Alpha) Related USO Credit Suisse Earnings Stats Show Continued Corporate Deterioration....More>>>
One of the biggest challenges for investors is filtering out bad, useless or even costly “information.” I have a method for screening out the noise and using my time more effectively. Part of it is keeping the TV on mute and using TIVO to check out anything that is really significant. You can also just skip articles that obviously do not meet the test.
The China Pakistan Economic Corridor (CPEC) will take Pakistan back to a place it doesn't want to be: knocking on the door of the IMF, as it did back in 2001. With a big difference this time around -- the doo
U.S. equities are inching higher on Friday thanks to a strong jobs report for June that basically reinforced the status quo: Good payroll gains, a slight increase in the unemployment rate and an ongoing rate of wage inflation. Tech stocks keep flapping around, rebounding higher but within th
No matter which data aggregator you rely on, OPEC’s 11 out of the 14 members who have signed up to oil production cuts are delivering on their promise of a gradual 1.3 million barrels per day (bpd) reduction.
In fact, an aggregation of projections from Bloomberg, S&P Global Platts