Starting with a simple tweet on September 21st, 2015, Hillary Clinton has been pummeling Biotech stocks since her Presidential Campaign first began. In fact, Clinton has caused dramatic drops in the iShares Nasdaq Biotechnology ETF (IBB) at least three times in the past 14 months. The thought of Clinton winning the presidency, and the corresponding assault on the Biotech sector,....More>>>
Toward the end of trading Wednesday, the Dow traded up 0.74 percent to 20,842.08 while the NASDAQ rose 0.56 percent to 5,931.37. The S&P also rose, gaining 0.66 percent to 2,375.73.
Leading and Lagging Sectors
Wednesday afternoon, the industrial sector proved to be a source of strength for the market. Leading the sector was strength from Plug Power Inc (NASDAQ: PLUG) and Envirostar....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)
Humana (HUM) soared to the top of the S&P 500 today after the Republican Congress put forward a plan to repeal and replace the Affordable Care Act.
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Humana gained 2.4% to $217.76 today, while the S&P 500 dropped 0.3% to 2,368.38.
Why was Humana the best performing stock in the S&P 500? Beats the heck out of me, since what a final....More>>>
Susquehannas Pablo Zuanic takes a look at consumer food companies in the wake of Brexit, and writes that Coca-Cola Enterprises (CCE), Mondelez (MDLZ) and SodaStream (SODA) have the most exposure to the British pound and euro, which are falling today.
For bargain hunters, he recommends Mondelez over CCE, given soda taxes and the fact that Cokes (KO) 48%....More>>>
Related CHK In Honor Of Friday The 13th, Here Are Some Of The Unluckiest Trades Of 2016 Jim Cramer Likes US Concrete And Chesapeake Energy Chesapeake Energy Buys Back Preferred Shares Signaling BUY! (Seeking Alpha) Related CNX Should You Be Buying 2016 Market Leaders Or Laggards Heading Into 2017? ....More>>>
Micron Technology, Inc. (NASDAQ: MU) reported fiscal first-quarter financial results after markets closed on Wednesday. The company posted $0.32 in earnings per share (EPS) and $3.97 billion in revenue. The consensus estimates from Thomson Reuters called for $0.28 in EPS and $3.95 billion in revenue. The same period from last year had $0.29 in EPS and $3.35 billion in revenue.