Crude to $100: Trader makes the case for a spike in oil prices

Crude oil prices are on a path to highs not seen since 2014, according to one chart analyst. As the energy sector tracks for its best quarter on record with a year-to-date gain of nearly 40%, there’s “clearly some upside” for oil prices as well, Piper Sandler’s Craig Johnson told CNBC’s “Trading Nation” on Friday. […]

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Retail investors may keep flowing into stocks, but that doesn’t mean they have to keep going up

Traders work on the floor of the New York Stock Exchange. NYSE Wall Street has recast the little guy as the big swing factor in the market, with professional researchers tracking small traders’ moves, anticipating waves of new money chasing stocks and calculating the public’s influence on how shares are revalued. Yet despite retail investors’ […]

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Wall Street analysts say these stock are just too cheap to ignore

Shoppers stand in line to enter a Foot Locker Inc. store at the Queens Center shopping mall in the Queens borough of New York, U.S., on Wednesday, Sept. 9, 2020. Peter Foley | Bloomberg | Getty Images There’s no shortage of high quality cheap stocks as rising interest rates stoke market volatility, Wall Street analysts […]

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Successful value investor tries activist strategy with an e-commerce health insurance play

Scott Flanders, CEO of eHealth Adam Jeffery | CNBC Company: eHealth Inc. (EHTH) eHealth provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, […]

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Cathie Wood called this one of her most underappreciated stocks. Its CEO explains its growth story

Shares of Invitae rose over 25% this week, a sharp move higher that came after Ark Invest’s Cathie Wood called the company one of her most underappreciated stocks in a CNBC interview on Monday. Invitae was the 11th-largest holding in Wood’s flagship fund, the Ark Innovation ETF (ARKK), as of Thursday, giving it a weighting larger […]

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Fundstrat’s Tom Lee sees another 9% run for stocks, says tech bottomed last week

Tom Lee, Co-founder and Fundstat strategist. Adam Jeffery | CNBC Tom Lee told CNBC on Friday he believes the technology sector likely put in its bottom for the year last week, part of his broader view that the S&P 500 overall has more room to run. “I think tech made its local bottom for the first […]

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Buyer of $69 million Beeple NFT is a crypto investor using the pseudonym Metakovan

A detail shot from a collage “EVERYDAYS: THE FIRST 5000 DAYS”, by a digital artist BEEPLE, that is on auction at Christie’s, unknown location, in this undated handout obtained by Reuters. Beeple | Christie’s Images Ltd. | via Reuters The buyer of the Beeple non-fungible token for $69 million was is a crypto investor who […]

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Stocks making the biggest moves midday: Ulta, Alibaba, Netflix & more

The signage is seen at Alibaba Group headquarters during the company’s 11.11 Singles’ Day global shopping festival in Hangzhou, Zhejiang province, China, November 11, 2020. Aly Song | Reuters Here are the stocks making headlines in midday trading. Ulta Beauty — Shares of the cosmetics company fell more than 6% after reporting full-year same-store sales […]

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A 2% 10-year yield could knock 20% off tech stocks, Ned Davis Research calculates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan McDermid | Reuters Surging bond yields sent technology shares sliding into correction territory at one point, and there could be an even more severe sell-off ahead if rates keep going higher, according to Ned Davis […]

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Victoria’s Secret owner L Brands shares rise after retailer hikes outlook, reinstates dividend

Pedestrians walk past a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | Getty Images L Brands shares shot up nearly 7% in premarket trading Friday after the company hiked its profit outlook for the current quarter, and said it would be reinstating an annual dividend, paying down […]

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