With the stock up 20 percent this year, it may be running out of room to climb, Finerman said. But trader Guy Adami contended the results will prompt “the next phase higher” to $145 per share, about $10 up from where it traded after earnings.Read MoreApple boosts buybacks, earnings beat on strong iPhone salesTrader Pete Najarian—who has a long stake […]
Related AAPLApple: Priced For Perfection?Experts: Watch Apple’s ‘Cash Cow,’ Position Of Technical Strength During EarningsHow To Use Levered Free Cash Flow And Revenue Growth To Analyze Stocks(Seeking Alpha)Apple Inc. (NASDAQ: AAPL) traders are scrambling to decide how to play the company’s earnings report coming after the market close. Fundamental and technical traders have been pouring over countless metrics for days […]
APActors Robert Downey Jr. and Jeremy Renner ring the opening bell Monday at the New York Stock Exchange. By Caroline ValetkevitchNEW YORK – U.S. stocks ended down Monday, led by losses in biotech shares after disappointing news from several companies including Amgen.The Nasdaq Biotech Index sank 4.1 percent, its biggest daily percentage loss since March 25, while the S&P […]
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“Over the past 10 years, S&P 500 constituents have bought back nearly $4 trillion of stock while investors have added cumulative inflows of less than $100 billion to US equities via mutual funds and exchange traded funds,” Citi’s Tobias Levkovich said in a note to clients today.This is not news. But it continues to be a jarring reminder of […]
The Chinese stock market gold rush continued this week – Quartz
Enjoy the show.(Reuters)
SHAREWritten byMelvin Backman@melvinbackmanObsessionChina in transitionApril 3, 2015China’s stock market is on fire this year. It’s up more than 47% in just a few short months; that includes a 7.5% surge in the last week alone, making it a standout in world markets.ShareTap image to zoomThat’s the kind of […]
Wikimedia CommonsSee AlsoAviation tracking service: Germanwings co-pilot set autopilot to the lowest possible settingFed market gurus prep rate hike amid last-minute anxietiesWe just found out who the third American was on the crashed Germanwings flightNEW YORK (Reuters) – A 4 percent decline in biotechnology stocks on Wednesday sent the Nasdaq Composite Index to its largest one-day loss in nearly a […]
NEW YORK (AP) — The world’s most valuable company is now a member of the Dow Jones industrial average.Apple Inc. was added to the Dow after the market closed Wednesday. The Dow will begin trading with Apple stock when the markets open Thursday.Created in 1896, the Dow is an index that tracks 30 stocks. It is meant to reflect the […]
–A+Apple stock officially begins trading as member of Dow Jones Industrial AverageBy Neil HughesThursday, March 19, 2015, 06:33 am PT (09:33 am ET)The world’s most valuable company is now a part of the Dow Jones Industrial Average, as Apple officially became a part of the index at the start of trading on Thursday.
Apple replaced AT&T on the Dow when the […]
This week, we take a hands-on look at the new iOS app Robinhood, a unique, mobile-first take on stock market trading that’s poised to be a big hit with millennials.Robinhood an apt name for the recently launched stock-trading app made by Robinhood Financial, Inc. — a company whose goal isn’t to rob the rich and give to the poor, but […]
iOS: If you want to buy or sell stock, you usually have to pay a fee. At $7-$10 per transaction, they can add up. Robinhood eliminates these fees, offering free stock trading that’s incredibly simple.Generally, we’re fans of “set and forget” investing with funds, rather than individual stock investing. Right now, Robinhood lets you trade individual stocks and exchange-traded funds […]
