High-flyer Boeing just hit an air pocket, closing out last week with its worst weekly losses since March, on worries over an escalating trade war with China. Newton Advisors technical analyst Mark Newton is urging caution on the Dow leader. “Boeing is unattractive in the short run,” Newton said Friday on CNBC’s “Trading Nation.” “It […]
Read moreProperly investing requires taking the time to create an investment strategy so that you have a plan that allows you to stick with it when things get tough. Investing without an established plan increases your risk. Following an investment strategy is something that everyone should be doing to ensure that they are getting the most […]
Read moreWalt Disney Co. is boxed into a corner by Comcast’s bid for the same 21st Century Fox assets it wants, according to Pivotal Research Group, which downgraded the shares to sell from hold on Monday. “The stock’s recent run-up fails to reflect that a higher price paid for Fox’s Entertainment assets would reduce the value […]
Read moreThe Federal Reserve roiled markets after it announced its second interest rate hike of the year, even though the decision was widely expected. Although the gradual rise in borrowing costs may give some cause to grow cautious on equities, I’m still constructive on stocks and the economy — for now, at least. Investors should remember, […]
Read moreNobody wants to use the ‘B’ word, but a bubble is upon us, a growing number of market watchers are warning. And it could pop sooner than many expect, Centricus Asset Management Fund Manager Ralph Jainz said Monday, joining a long list of financial players casting doubt on the strength of the market’s current bull […]
Read moreTwitter shares could add to strong gains this year as the World Cup spurs engagement and continued strength in ad sales give the social media company a revenue boost, an analyst at UBS said Thursday. Eric Sheridan raised his price target on the stock to $52 from $36, implying an 11.2 percent upside from Thursday’s […]
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Etsy is on fire. Shares of the online marketplace soared as much as 35 percent, to an all-time high on Thursday, after the company raised its transaction fee on its sellers’ sales and boosted its full-year outlook on revenue growth. Some strategists and technical analysts say that despite the recent gain, the stock appears poised […]
Read moreA casual observer may assume the greatest money managers have charmed investing careers filled with success after success. But that isn’t the case, Ritholtz Wealth Management director of research Michael Batnick explained in his new book “Big Mistakes: The Best Investors and Their Worst Investments,” released on Jun. 6. Batnick shared key lessons and money-losing […]
Read moreCheck out the companies making headlines before the bell: Qualcomm – Qualcomm’s $44 billion takeover of NXP Semiconductors has not yet been approved by Chinese regulators, according to sources quoted by Reuters. That runs counter to a prior report that the deal had, in fact, been approved. AT&T – AT&T completed its acquisition of Time […]
Read moreMicron shares have surged 44 percent this year, outpacing the broader semiconductor space nearly four-fold. As the chipmaker’s stock sits nearly 10 percent off its May high, Stacey Gilbert, head of derivative strategy at Susquehanna, said the options market is doing something unusual ahead of Wednesday’s earnings report. Here are what she told CNBC’s “Trading […]
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