The last time we saw today's setup, one group of stocks more than doubled in four years and left U.S. stocks in the dust... It has nothing to do with China. And it might surprise you... European stocks are now dirt-cheap compared with their U.S. counterparts. Based on histo
AbbVie Inc. (NYSE:ABBV) communicated through the PRNewswire Monday that it received a positive feedback from the European Committee for Medicinal Products for Human Use (CHMP) about the possibility of using VIEKIRAX plus EXVIERA in a combined therapy of eight weeks to treat chronically genotype 1b HCV-infected adult patients.
These patients are naïve to any kind of HCV treatment,....More>>>
August 30, 2016: Here are four stocks trading with relatively heavy volume among 19 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by just 3 percentage points and Nasdaq advancers led decliners by just 4 points.
G-III Apparel Group Ltd. (NASDAQ: GIII) dropped nearly 23% on Tuesday to post a new 52-week low of $32.22 after closing at $41.77 on Monday.....More>>>
Treasury yields fell Wednesday after the minutes from the Federal Reserve policy-making panels meeting earlier this month showed policy makers largely agreed on the notion of moving to begin shrinking the central banks balance sheet later this year.
Oil prices have risen above $50 since OPEC’s agreement to cut production. Energy-related names like National Oilwell Varco (NYSE:NOV) have risen with it. The stock is up about 20% in the month of December. NOV will likely trade with oil, yet some of us still follow earnings fundamentals, including the rating agencies. The company’s Q3 revenue fell sequentially by 5%, while EBITDA....More>>>
Tesla’s non-GAAP hand is filled with aces, even where previously SolarCity reported deuces.
This is a story about how non-GAAP metrics, flexible as they are, can be changed in real time to provide a better-looking picture for the same reality. This is extremely rare, of course, because it’s so obvious.
However, as we will see, it just happened with Tesla (NASDAQ:TSLA),....More>>>
March 20, 2017: Markets opened slightly lower Monday and traded close to the break-even line all day. Leading indicators and consumer sentiment readings were both strong. Only the materials sector traded high late in the afternoon while energy and utilities were the laggards. The blue chips were performing best. WTI crude oil for April delivery settled at $48.22 a barrel, down 1.2% on the day. April....More>>>
Monday started the new week on a positive note, as the stock market once again recovered from early declines to post advances. The Dow Jones Industrials extended its string of record closes to 12 consecutive days in the wake of favorable comments from Warren Buffett about the valuation of the market. Moves within the Trump administration to transfer spending to the Defense Department also....More>>>
Futures are indicating a break in the rally as investors take stock of how quickly we’ve seen the rally lift stocks. From a technical perspective, the market remains in an overall trading range as we’ve not seen a technical catalyst that can sustain a trend higher in the S&P
On Thursday, shares of chip maker Advanced Micro Devices (NASDAQ:AMD) initially started higher, before a sharp pullback caused the stock to lose more than 5.3% by day's end. The cause of the drop was blamed on the falling cryptocurrency ethereum, which dropped throughout the trading day. Unf
In little more than a year, Advanced Micro Devices, Inc. (NASDAQ:AMD) stock mushroomed from $2 a share to $15 a share. You can compare it to the lofty standards of just about any other momo stock on the market — that’s quite a meteoric rise. And what followed was to be