The stock market climbed sharply on Thursday, responding well to favorable earnings results from several corners of the market. Major benchmarks were up 1% to 2%, with particularly good performance from the Nasdaq Composite thanks to the tech sector’s outperformance during the day. Yet some stocks suffered from bad news that cast doubt on companies’ ability to benefit from generally....More>>>
Three minutes of frantic trading in Treasuries futures just offered a stark reminder of the danger of betting against the world’s safest asset.
What was shaping up as a second straight day of losses in Treasuries on Thursday, with 10-year yields threatening to hit the key psychological level of 3 percent, turned around in a hurry as turmoil in emerging markets spooked global investors.
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Related WYNN Najarian Brothers See Unusual Options Activity In AbbVie And Wynn Resorts Wynn Resorts Reaches Highest Level Since March 2015 ....More>>>
To the astonishment of bond investors, the premium for owning Treasurys over the safest government bonds in the eurozone hit its richest levels since the fall of the Berlin Wall last week.
The spread between the 2-year German bond yield
Its a snoozefest.
The S&P 500 is stuck in its narrowest range in nearly half a century and trading volume is plumbing multi-month lows. But by September, investors may be pining for the dog days of summer, with data suggesting that it is historically the worst month for stocks.
Since 1928, the S&P 500 has dropped in September 56% of the time, according to Bank of America Merrill....More>>>
With 2016 now in the books, investors can now look ahead for 2017. Market shifts are already underway, and the year’s economic waters remain uncharted as we look to the potential effects of the new administration. Most market analysts agree that 2017 will be another positive year for growth, but, as is typically the case, new developments often create new pitfalls and potential volatility....More>>>
Baird’sBen Kallo andTyler Frank explain why they’d be buyers of Tesla Motors (TSLA) “at current levels”:
We are upgrading Teslato Outperform and raising our price target to $300. Webelieve investor skepticism has significantly increased since we downgraded TeslaonOct. 6, and although we were concerned about the rate of Model X deliveries,....More>>>
Investors might be giving up on the so-called reflation trade too soon, according to Deutsche Bank.Top 10 Heal Care Stocks To Buy Right Now: Oshkosh Corporation(OSK)
Trivago stock is up nearly 10% to $12.07 following its IPO today (Friday). When the stock finally opened shortly before 11 a.m., shares were up a muted $0.20 at $11.20.
Trivago NV (Nasdaq: TRVG) is a German hotel-search company. It priced its initial public offering of 26.1 million American depositary shares (ADSs) at $11 apiece. That was below its projected number of shares and price....More>>>
On Wednesday, our Under the Radar Moversnewsletter suggestedsmall cap oncology stock Champions Oncology (NASDAQ: CSBR) as a buy for our short-term portfolio:
Normally we’d like for a new “turnaround” trade to be decisively above the 200-day moving average line (green) before pulling the trigger. We’re going to go ahead and step into Champions Oncology anyway, though,....More>>>