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Stocks Keep Climbing as One-Time Bears Chase the Breakout

Stocks Keep Climbing as One-Time Bears Chase the Breakout

Stocks continued their breakout to new highs as money streams back into the market. The S&P 500 rose 0.9 percent between Friday, November 8, and Friday, November 15. The index is up for sixth straight weeks, its longest winning streak in two years. The Nasdaq-100...

FANG Gets Disrupted as the Dow Strikes Back

FANG Gets Disrupted as the Dow Strikes Back

Two major "FANG" stocks are getting disrupted as members of the Dow Jones Industrial Average take business back into their own hands. First, Nike (NKE) announced it will stop selling merchandise on Amazon.com (AMZN). Second, Walt Disney's (DIS) new Disney+ service got...

Are You Ready? November 2019 Is a Huge Month for Streaming Media

Are You Ready? November 2019 Is a Huge Month for Streaming Media

A whole new world of digital media is starting this month, thanks to some of the biggest companies in the world. Two new online video services with the potential to reach hundreds of millions -- if not billions -- of viewers just launched. In coming seeks, two giant...

There’s All Kinds of Positive News Involving China Today

There’s All Kinds of Positive News Involving China Today

November 7, 2019: Did the tide just turn in U.S. relations with China? Consider the flood of positive news today. First and foremost, Beijing and Washington agreed to simultaneously cancel tariffs on each other. The news directly rebuffed nagging press reports this...

In the Blink of an Eye, the 5G Boom Could Be Starting

In the Blink of an Eye, the 5G Boom Could Be Starting

Just when everyone was worried about China bringing down tech stocks, the country may be kicking off a boom that will fuel growth in the sector: 5G Networking. China Mobile (CHL), China Unicom (CHU) and China Telecom introduced super-fast wireless services late last...

Apple and Facebook Come Through With Strong Results: Earnings This Week

Apple and Facebook Come Through With Strong Results: Earnings This Week

The busiest part of earnings season has passed, and big technology stocks were winners again. In particular, Apple (AAPL), Facebook (FB), Advanced Micro Devices (AMD) and Intel (INTC) all rallied on strong results. Big health-care names like Merck (MRK) and Amgen...

The Fed, Apple, Facebook and GDP: Today’s a Super Busy Day

The Fed, Apple, Facebook and GDP: Today’s a Super Busy Day

Today's one of the biggest sessions of the year, with a Federal Reserve meeting and major technology earnings. Just to get started, here's a blow-by-blow sequence of what traders can expect on Wednesday, October 30. All times eastern standard: In the premarket: 7 a.m....

Options Trader Looking for Happy New Year With Fast Moving Energy Stock

Options Trader Looking for Happy New Year With Fast Moving Energy Stock

Someone's looking for Marathon Petroleum to keep running into the New Year. Options volume spiked to triple the monthly average in the oil refiner yesterday as a trader rolled a bullish position: About 32,000 January 70 calls were sold for $3.72.A matching number of...