“I would be very careful here,” said Kelly on Thursday’s “Fast Money.” “I can’t find too many faults with the quarter, but I’m just talking trading wise—don’t get too aggressive.”Adami echoed that view saying that it was best to start taking profits on the rise that the stock picked up from earnings.Seymour cautioned investors not to get too excited over […]
Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow. DuPont reported lower sales in […]
Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow. DuPont reported lower sales in […]
Fed Shies Away From June Rate Hike (Hilsenrath)
Europe Stocks Fall Most in Three Weeks Amid Greece as Banks Drop (BBG)
China Futures Tumble on Trust Curbs, Expansion of Short Selling (BBG)
Oil slips below $64 as ample supplies weigh (Reuters)
Fed officials lean all ways on rate hikes, data in focus (Reuters)
Eurozone deflation eases in March (FT)
U.K. Jobless Claims Hit 40-Year Low as […]
Slump in biotech and technology stocks sent benchmarks to negative territory for third straight sessions on Wednesday. These sectors witnessed intense selling pressure as investors remained concerned that strength in the U.S. dollar will negatively impact earnings growth in upcoming quarters. However, the dollar weakened yesterday against major currencies following release of dismal durable orders data. The Nasdaq witnessed its […]
Markets rebounded to the green on the sixth anniversary of the bull market boosted by mergers and acquisition activity, and gains in industrial and technology stocks. Benchmarks started the week on an encouraging note after a dismal Friday, when positive jobs data had sparked fears of a sooner-than-expected rate hike. Investors also found a buying opportunity yesterday, after the sell […]
The reflexive reaction from anyone who was there for the dotcom bubble is ‘Uh-oh.’And while anyone who says that this time its different should probably be offered some perfectly good swampland in Florida or a slightly used bridge from Manhattan to Brooklyn, the reality is that a lot of new wealth has been created. Approximately $1 trillion in new market […]
I’ve just had the most exciting education experience in many years — three half-hour sessions with Jon Markman and the amazing wealth-building power of what he does. Here’s the transcript, edited for clarity and brevity. — MartinTechnology Investing Bootcamp: How to Profit in the Best and Worst of TimesPart I. Why Tech Stocks? And Why Now?Martin Weiss: […]
View photo.By and large, short interest among the leading biotechs and emerging pharmaceuticals dwindled between the January 15 and January 30 settlement dates.Leading that trend were Amgen, Inc. (NASDAQ: AMGN), Celgene Corporation (NASDAQ: CELG) and Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX).Here we take a quick look at how these three stocks have fared recently and what analysts expect from them. That […]
Technology
Why Yelp Inc (YELP) Stock Is Trading Up By 7.11% Today
Yelp announced upward revision in 1QFY15 and FY15 guidance, following which the stock traded up by around 7.11%
YELP
By: Joshua GriffinPublished: Feb 10, 2015 at 11:22 am EST
Yelp Inc (NYSE:YELP) announced on Tuesday that it was raising the guidance for the first quarter of fiscal 2015 (1QFY15) and financial year 2015 […]
