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. […]

Continue Reading

Bitcoin surpasses $60,000 in record high as rally accelerates

Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. Dado Ruvic | Reuters Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and financial institutions adopt cryptocurrencies. Bitcoin, the world’s biggest cryptocurrency, was at $60,415.34 as of 7:25 […]

Continue Reading

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’ […]

Continue Reading

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 […]

Continue Reading

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, […]

Continue Reading

The tech-heavy Nasdaq has underperformed the Dow for four straight weeks — a first since 2016

Chris Hondros | Newsmakers | Getty Images Investors are finally rotating out of tech stocks after a decade of outperformance. For the fourth straight week, the tech-heavy Nasdaq Composite trailed the Dow Jones Industrial Average. It’s the longest such streak since April-May 2016, which was also the only year since 2011 that the Dow beat […]

Continue Reading

The Fed could be a catalyst for bonds, and that could drive growth stocks in week ahead

Traders on the floor of the New York Stock Exchange Source: NYSE Bonds could be volatile in the week ahead. If yields go higher, that could make it difficult for big tech and other growth stocks to gain traction. Rising bond yields have been challenging growth stocks. Names like Apple, Tesla, and Amazon have been […]

Continue Reading

SpaceX prepares for Air Force test connecting an aircraft to its Starlink satellite internet

Edwards Air Force Base is seen in California’s Mojave Desert in this photo taken by an astronaut on the International Space Station. NASA Elon Musk’s SpaceX is preparing to further test its Starlink satellite internet in a demonstration for the U.S. Air Force, the company revealed in a recent request to the Federal Communications Commission. “SpaceX […]

Continue Reading

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 […]

Continue Reading

As Biden tries to level the economic playing field, these stocks may benefit

U.S. President Joe Biden speaks about his administration’s plans to respond to the economic crisis during a coronavirus disease (COVID-19) response event in the State Dining Room at the White House in Washington, January 22, 2021. Jonathan Ernst | Reuters As President Joe Biden shifts his focus from pandemic recovery to economic issues like income […]

Continue Reading