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 Lynch data. September is likewise dismal for blue chips, with the Dow Jones Industrial Average posting an average loss of 1.1% for the month.
Top 10 Blue Chip Stocks To Watch Right Now: Tobira Therapeutics, Inc.(TBRA)
- [By Benzinga News Desk]
Allergan (NYSE: AGN) acquired Akarna Therapeutics global rights to AKN-083 for up-front payment of $50 million. This came just hours after Allergan bought Tobira Therapeutics (NASDAQ: TBRA) for upfront Payment of $28.35 share in cash, up to $49.84 per share in CVRs.
Top 10 Blue Chip Stocks To Watch Right Now: Paragon Offshore plc (PGNPQ)
- [By SEEKINGALPHA.COM]
Paragon Offshore’s (OTCPK:PGNPQ) former management’s audacious efforts to omit parts of the senior secured lenders by deeming them unimpaired and instead pay out the majority of the company’s cash to junior unsecured bondholders by presenting a set of entirely unrealistic business forecasts to the court. Fortunately, in case of Paragon Offshore, the bankruptcy judge recognized the framing and accordingly denied confirmation of the company’s plan of reorganization, effectively sending Paragon Offshore back to the drawing board. Consequently, management was ousted after the failure. I have covered the Paragon Offshore saga in a series of articles over the past few quarters, so interested investors might want to take a look at this highly fascinating and still evolving case study.
Top 10 Blue Chip Stocks To Watch Right Now: Agrium Inc.(AGU)
- [By Jon C. Ogg]
Gains are being seen elsewhere as well, except in shares of The Mosaic Company (NYSE: MOS). AgriumInc. (NYSE: AGU) was up almost 3% at $91.95 in late Monday trading, although this one held up much better in the destructive news phase when the alarming news roiled these stocks. The big winner is Intrepid Potash, Inc. (NYSE: IPI), with a gain of 7% to $16.20 in late-Monday trading.
- [By Chad Fraser]
The agriculture ETF is heavily weighted toward the U.S., with 45.8% of its assets there, but it is geographically diverse, with exposure to countries such as Canada (9.9%), Switzerland (8.5%), Japan (6.7%) and Singapore (5.1%).
Potash Cartel Breakup Has Weighed on This Agriculture ETF
The ETF’s unit price declined in the first half of 2013, partly because of the breakup of the Belarusian Potash Company (BPC), through which Russia’s Uralkali, the world’s No. 1 potash producer, and Belaruskali of Belarus distribute their potash. The market is dominated by BPC and Canpotex, owned by Potash Corp. of Saskatchewan (NYSE: POT), Mosaic and Agrium Inc. (NYSE: AGU).
Together, the two cartels control 70% of global potash exports, so the breakup of BPC will result in a more fractured market, which seems likely to push potash prices lower. Shares of major potash producers fell sharply on the news, as did Market Vectors Agribusiness ETF due to its potash stock holdings, which include Agrium, Potash Corp. and Mosaic.
- [By Shanthi Rexaline]
Agri-Input Companies — Seeds/ Fertilizers/Pesticides Manufacturers
Monsanto Company (NYSE: MON): +68.82 percent since 2011. Syngenta AG (ADR) (NYSE: SYT): +56.26 percent since 2011. Mosaic Co (NYSE: MOS): -63.1 percent since 2011. Potash Corporation of Saskatchewan (USA) (NYSE: POT): -67.8 percent since 2011. CF Industries Holdings, Inc. (NYSE: CF): +5.04 percent since 2011. Agrium Inc. (USA) (NYSE: AGU): +1.10 percent since 2011.
Top 10 Blue Chip Stocks To Watch Right Now: ChannelAdvisor Corporation(ECOM )
- [By Lisa Levin]
ChannelAdvisor Corp (NASDAQ: ECOM) shares dropped 24 percent to $10.85 following Q4 results. ChannelAdvisor reported Q4 net income of $5.8 million on revenue of $31.8 million.
Top 10 Blue Chip Stocks To Watch Right Now: Hooker Furniture Corporation(HOFT)
- [By Lisa Levin]
Hooker Furniture Corporation (NASDAQ: HOFT) shares were also up, gaining 27 percent to $39.80 after the company reported strong results for its fourth quarter.
- [By Monica Gerson]
Hooker Furniture Corporation (NASDAQ: HOFT) is estimated to report its quarterly earnings at $0.40 per share on revenue of $62.20 million.
SeaChange International (NASDAQ: SEAC) is projected to post its quarterly earnings at $0.01 per share on revenue of $30.49 million.
Top 10 Blue Chip Stocks To Watch Right Now: TC PipeLines, LP(TCP)
- [By WWW.KIPLINGER.COM]
TRP has decided to buy out CPPL as well and merge its assets back into its now-larger self. The real win will come when TRP drops down these newly acquired assets into its own MLP TC PipeLines, LP (TCP). TransCanada hasnt been able to fully use TCP as the bulk of its assets are Canadian and ineligible for inclusion.
Top 10 Blue Chip Stocks To Watch Right Now: iShares MSCI Emerging Markets (EEM)
- [By Dan Caplinger]
2017 has been a tumultuous year, with plenty going on in the political and financial realms. Yet the stock market has done quite well, and index funds that track popular stock benchmarks have given their investors solid returns. In particular, among the most popular exchange-traded funds, iShares MSCI Emerging Markets (NYSEMKT:EEM), PowerShares QQQ (NASDAQ:QQQ), and iShares Core MSCI EAFE (NYSEMKT:IEFA) have delivered some of the best returns.
- [By Craig Jones]
On CNBC's Trading Nation, Todd Gordon recommended a bearish options strategy in iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM). He said that the ETF is under pressure because of weak commodity prices and strong U.S. dollar. He explained that falling bond prices have caused a rally in the U.S. dollar.
- [By WWW.GURUFOCUS.COM]
For the details of RABOBANK NEDERLAND ‘s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=RABOBANK+NEDERLAND+
These are the top 5 holdings of RABOBANK NEDERLAND Bank of America Corporation (BAC) – 250,000 shares, 100% of the total portfolio. New PositionBlackBerry Ltd (BBRY) – 0 shares, 0% of the total portfolio. Shares reduced by 10000%iShares MSCI Emerging Index Fund (EEM) – 0 shares, 0% of the total portfolio. Shares reduced by 10000%iShares MSCI Brazil Capped Index Fund (EWZ) – 0 shares, 0% of the total portfolio. Shares reduced by 10000%VanEck Vectors Gold Miners (GDX) – 0 shares, 0% of the total portfolio. Shares reduced by 10000%
- [By Craig Jones]
Speaking on Bloomberg Markets, Dan Deming of KKM Financial suggested a bullish options strategy in iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM).
- [By Shah Gilani]
7) iShares MSCI Emerging Markets ETF (NYSEArca:EEM) traded $603 billion in shares
6) Amazon.com Inc. (NasdaqGS:AMZN) traded $710 billion in shares
Top 10 Blue Chip Stocks To Watch Right Now: Marvell Technology Group Ltd.(MRVL)
- [By Benzinga News Desk]
Loop Capital's Betsy Van Hees sees storage, networking, and connectivity as the 3 reasons why Marvell Technology Group Ltd. (NASDAQ: MRVL) will return to top-Line growth. She reiterated her Buy rating and $18 price target.
- [By Lisa Levin]
Marvell Technology Group Ltd. (NASDAQ: MRVL) shares shot up 10 percent to $14.70 after the company reported upbeat Q3 results and announced a $1 billion share buyback.
- [By Chris Lange]
Marvell Technology Group Ltd. (NASDAQ: MRVL) reported fiscal fourth-quarter financial results after markets closed on Thursday. The company posted $0.22 in earnings per share (EPS) and $571 million in revenue versus consensus estimates from Thomson Reuters that called for $0.19 in EPS and $567.64 million in revenue. The same period from last year had $0.11 in EPS and $616.16 million in revenue.
- [By Chris Neiger]
Specifically, GoPro (NASDAQ:GPRO) and Marvell Technology (NASDAQ:MRVL) caught my eye recently. The two companies are hardly pure-plays in the IoT (there aren’t many of those), but each is betting on the Internet of Things in its own way, and each looks a bit overpriced right now.
- [By Peter Graham]
The Q4 2017 earnings report for mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) is scheduled forafter the marketcloses onThursday (March 2nd). Marvell Technology Groupwas in our SmallCap Network Elite Opportunity (SCN EO) portfolio back in 2013 becauseits fundamental and technical context appeared very attractive at the time and the Company’s products also drive Samsung’s family of mobile devices. Our SCN EO newsletter had noted back in May 2013:
Top 10 Blue Chip Stocks To Watch Right Now: Randgold Resources Limited(GOLD)
- [By WWW.THESTREET.COM]
Gold mining stocks were also lower, with Randgold Resources (GOLD) falling around 1.5% and Fresnillo Plc (FNLPF) slipping 0.85%. Randgold’s 10.66% advance over the past three months, however, has nearly doubled that of spot gold prices while Fresnillo’s 15.82% rise is nearly three times higher than the bullion’s gain over the same period.
- [By SEEKINGALPHA.COM]
Thus we are still extremely cautious in gold as we are a bit worried about next week’s job report being positive and knocking gold down, but we maintain our core positions in gold. But we aren’t looking to re-establish any of our sold gold and silver positions just yet until we see more of a pullback in the metals or a bad jobs report and thus we think investors should hold off or lighten up on gold positions in the ETF’s and miners such as the SPDR Gold Trust ETF (NYSEARCA:GLD), ETFS Physical Swiss Gold Trust ETF (NYSEARCA:SGOL), iShares Silver Trust (NYSEARCA:SLV), and miners such as Randgold (GOLD) and Barrick Gold (NYSE:ABX).
Top 10 Blue Chip Stocks To Watch Right Now: PHI, Inc.(PHIIK)
- [By Jim Robertson]
On Thursday, our Under the Radar Moversnewsletter suggested shorting small cap offshore oil and gas services stock PHI Inc (NASDAQ: PHIIK):
We’re a little bit late to the party here, but that’s ok – there’s still some meat left on the bone, so to speak. Were looking for the stock to continue on to the lower edge of a long-term (and bearish) trading range that should allow it to peel back to at least the lower $12’s. We’ve see PHIIK shares tumble with great speed and distance a couple of times already, and we’re about halfway through round three.