It’s been a tough year for Chevron shareholders, and one trader is betting on even more pain ahead. Energy is the worst-performing sector in 2017, with more than 90 percent of its constituents trading in a correction or worse, including Chevron. The stock was feeling even more pressure this week after CEO John Watson announced […]
(Reuters) – U.S. stocks were lower in early afternoon trading on Wednesday after President Donald Trump warned of a government shutdown to secure funds to build the Mexico border wall, adding to nerves as the deadline to raise the U.S. debt ceiling looms. Wall Street analysts estimate Congress has just 12 working days when it […]
By Robert J. Samuelson, William Cline is going against the grain. Cline, a well-known economist, isn’t convinced that the stock market is wildly overvalued. That’s an increasingly lonely view. “Warning Signs Mount as Stocks Stumble,” the Wall Street Journal headlined this week. “Investors are running out of reasons to keep buying U.S. stocks, exposing a […]
Investors eyeing a purchase of Glu Mobile Inc ( GLUU) shares, but tentative about paying the going market price of $3.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $3 strike, which has a bid at the […]
Stocks scored a rousing comeback rally Tuesday. The S&P 500 climbed 1.05% as buyers returned to a market they were fleeing in droves just last week. And while nervous Nellies continue to cite weakness from small caps and seasonality as reasons to sit on the sidelines, a growing number of leaders remain at or near […]
Popular Posts: Recent Posts: The airline stocks have had a terrible time of late. Delta Air Lines, Inc. (NYSE:DAL) is down 15% just since July. Luckily this came after its 25% rally that started in April, and after an even bigger DAL stock rally in August 2016. This leaves DAL stock still up over 25% for […]
U.S. stocks hit a wall Wednesday and gave back some of their gains from Tuesday, when the Standard & Poor’s 500 index had one of its best days of the year. The losses were broad, with stocks falling across nearly every industry, but they were not as deep as on the worst days of the […]
U.S. retail stocks have been wildly volatile for years. Now that turbulence is spreading to their close cousins, apparel stocks. Name a major company in the sector and chances are it’s posted an eye-catching tumble — or in some instances, gain — at some point this year. Coach plunged 15 percent one day last week. […]
The retail stock carnage among Amazon’s victims is one of the biggest market stories during the past year. But the Wall Street firm that was early in calling out the risk for some retailers with its prescient “Death by Amazon” index in 2014 is now saying there are companies that can survive the e-commerce giant’s […]
U.S. stocks are lower this morning, after President Trump’s remarks regarding NAFTA and reassurances that the Mexican and U.S. border wall will be built, even “if we have to close down our government.” Among specific equities in focus are home improvement retailer Lowe’s Companies, Inc. (NYSE:LOW), clothing concern Express, Inc. (NYSE:EXPR), and superstore giant Wal-Mart […]
