Today’s article discusses three charts that aren’t going to make anyone happy. What are they and why they have nothing but bad news to report. Here’s what they had to say, “The S&P 500 rebounded smartly on Tuesday after touching a key technical level. But rather than use the opportunity to buy stocks, one highly regarded technician says now is the time to sell. ” To read more, CLICK HERE.
Today’s article explains what’s happening with oil and whether you should consider selling. Here’s what they had to say, “West Texas Intermediate crude settled more than 1 percent higher Tuesday, and shares of ExxonMobil, Chevron and British Petroleum—all hit hard by a nearly 50 percent dip in U.S. crude in the last year—rose more than 3 percent. But investors may want to dump those stocks as prices could stay in a low range for six months to a year, said Fadel Gheit, a senior energy analyst at Oppenheimer.” To read more, CLICK HERE.
Six. According to today’s article, six is the magic number and apparently the number of stocks that matter. That’s right! Today’s article says there’s only six stocks that matter. Here’s what they had to say, “The concentrated gains are spurring concerns that soft trading in much of the market could presage a pullback in the indexes. Many investors see echoes of prior market tops—including the 2007 peak and the late 1990s frenzy—when fewer and fewer stocks lifted the broader market. The S&P 500 is up 1% this year while the Nasdaq has gained 7.4%.” To check them out, CLICK HERE.
Today’s article explains what happened to Gold and what you can expect. Here’s what they had to say, “Gold prices fell off a cliff on Monday, sending bullion producers’ stocks into a tailspin. Prices for the yellow metal plummeted to its lowest level in more than five years as the U.S. dollar strengthened amid expectations of an interest rate hike.” To read more, CLICK HERE.
Do you like shopping for deals? Today’s article highlights seven stocks that are inexpensive. Here’s what they had to say, “All seven of the most inexpensively valued stocks in the S&P 500 are down in the past year, including three that lost more 50 percent of their value. Those would be oil and gas drilling names Ensco and Noble, as well as Genworth Financial, which has been losing money and is undergoing a restructuring.” To read more, CLICK HERE.
Today’s article discusses the Mexican Grill giant, Chipotle, and what the company has to look forward to when earnings come out on Tuesday. Here’s what they had to say, “After Chipotle’s stock reached its 52-week high of $727.97 on Jan. 8, it fell 18% to $597.33 on July 6, partly on concerns about weakening margins and slower same-store-sales growth. The shares have bounced back some, though. On Friday, the stock closed at $661.95.” To read more, CLICK HERE.
Today’s article highlights 12 stocks you’ll want to look out for in the morning. Here’s what they had to say about one of them, “Bank of America, which is scheduled to announce financial results Wednesday also is on Morgan Stanley’s conviction list. “We are overweight BAC and expect 20% upside to our $20 price target,” wrote bank analyst Betsy Graseck. The giant U.S. bank carries the most upside potential among the large-cap bank’s Morgan Stanley covers, said Graseck.” To read more, CLICK HERE.
The number of the day is the number four. And today’s article discusses what happened on this fourth day of gains. Here’s what they had to say, “Stocks posted their fourth straight day of gains. The S&P 500 briefly topped 2,110, while the Dow Jones industrial average closed above 18,000. The Dow transports ended 0.07 percent lower. The Nasdaq Composite outperformed, ending at 5,104, as biotechs surged more than 2 percent, while Apple ended a touch lower. The index has not touched negative territory since July 8.” To read more, CLICK HERE.
Today’s article discusses Netflix’s stock performance and its price. Here’s what they had to say, “Shares of Netflix (NASDAQ:NFLX) opened at 680.60 on Friday. Netflix has a one year low of $315.54 and a one year high of $706.24. The stock has a 50-day moving average of $650.31 and a 200-day moving average of $507.23. The company has a market cap of $41.26 billion and a price-to-earnings ratio of 177.38. Netflix’s stock is set to split before the market opens on Wednesday, July 15th.” To read more, CLICK HERE.
What do American Apparel and Allergan have in common? They are both listed on today’s article’s list of stocks to watch. Here’s what they had to say, “Among the companies with shares expected to actively trade in Tuesday’s session are American Apparel Inc.APP -18.30%, Advanced Micro Devices Inc. and Horizon Pharma PLC.HZNP -1.97%. American Apparel warned on Monday it may need to raise additional capital over the next year even as it embarks on an aggressive cost-cutting plan to help it end five years of losses.” To read more, CLICK HERE.