Trading Ideas

After a stock takes a tumble, wait just a minute before you count it out. While falling share prices could be a sign that a company is under duress, it doesn’t always mean that its growth story has come to an end. After all, a tried and true strategy to turn a profit in the market is to buy low and sell high.Wall Street pros remind investors to take this into consideration when gauging the strength of investments in the healthcare space. As these names rely on only a few key catalysts, all it takes is a single piece of …read more […]

Headlines moving the stock market in real time. …read more […]

Earnings season rolls on for big banks with Goldman Sachs and Bank of America both posting earnings reports for the quarter today. Yahoo Finance’s Emily McCormick joins Alexis Christoforous and Brian Sozzi to discuss the results on The First Trade. …read more […]

In a set of interesting reports, Goldman Sachs telecom expert Brett Feldman turns his eye on the American wireless market – and its growing rollover to 5G technology. Feldman notes five reasons why 5G will drive a period of sustained growth for companies with an ‘in.’ While the analyst focuses on tower-leasing REITs, his basic point applies to most companies with a strong connection to the 5G switchover: wireless providers, device makers, chip makers.A look at three of Feldman’s points outlines what we can expect in the next couple of years, as 5G networks expand across the country. First, he …read more […]

(Bloomberg) — Bank of America Corp.’s traders bounced back with their peers.Trading revenue climbed 13% to $2.86 billion, beating analysts’ $2.76 billion estimate, helped by fixed income, currencies and commodities activity. The fourth-quarter results echo those of JPMorgan Chase & Co., which posted a record performance in bond trading Tuesday, and Citigroup Inc., where debt trading jumped by more than double what analysts had forecast.“Our results continue to reflect the strength of the U.S. consumer in the biggest economy in the world,” Chief Executive Officer Brian Moynihan said on a conference call with analysts Wednesday. “This quarter is also one …read more […]

Despite waning investor optimism in the cannabis space, AdvisorShares CEO Noah Hamman says 2020 could be a big year for the sector. …read more […]

A year after the grounding of Boeing Co’s 737 MAX sent shockwaves across the aviation sector, its likely return in 2020 promises more upheaval, consultant IBA said on Wednesday. The industry faces market turbulence as the release of some 800 grounded jets reverses a surge in narrowbody aircraft values, with the glut of planes potentially weighing on fares, IBA said. Since the MAX grounding last March, after two deadly crashes, airline customers have secured alternative planes or extended existing leases, driving up contract rates and second-hand values of Boeing and Airbus single-aisle jets. …read more […]

Goldman Sachs posted mixed earnings results on Wednesday, as the firm’s deal-making and bond trading weren’t enough to offset a drop in investment banking revenue. …read more […]

Do US Farmers Trust President Trump? We will see. The “Phase One” trade deal between the United States and China will, once again supposedly, be signed today, the Ides of January. Despite previous reports that China has backed out of firm commitments to increase its purchases of US agricultural products, it now seems that somehow […]The post Market Morning: Trade Deal Signing, Bitcoin Fracas, Trump Rages at Apple, Jet Fuel Rain appeared first on Market Exclusive. …read more […]

Target delivers lackluster holiday season sales results. …read more […]

(Bloomberg) — The Trump administration on Wednesday will announce the authorization of a roughly 3,000-acre solar farm near Palm Springs, California, after developers scaled back its size to help avoid threatened desert tortoises and cultural artifacts.First Solar Inc.’s 450-megawatt Desert Quartzite project in eastern Riverside County has been praised by some environmentalists for its careful design on lands teeming with protected species and relics.“It’s a big project, over 2,700 acres. That’s no small chunk of land, and they’re going to squeeze 450 megawatts out of that,” said Casey Hammond, the Interior Department’s acting assistant secretary of land and minerals management. …read more […]

“While we knew this season was going be challenging, it was even more challenging than we expected,” Chief Executive Officer Brian Cornell said. Digital sales grew 19% compared with 2018’s 29% rise, Cornell said, calling the reported numbers a “tough miss”. Target’s numbers come just a week after several U.S. retailers including Kohl’s , J.C. Penney and Macy’s reported lower sales for the key shopping period, raising doubts about the broader health of the retail sector. …read more […]

(Bloomberg) — Target Corp. tumbled after posting holiday sales that were below its own expectations and slashing its fourth-quarter sales outlook, delivering a warning sign for the entire retail sector that tougher times lie ahead.Comparable sales — a key barometer of retail performance — rose 1.4% in the November-December period, far less than last year’s 5.7% growth. Target plans to report full fourth-quarter earnings in early March.Key InsightsTarget couldn’t escape the pressures that also weighed on department stores like J.C. Penney Co. and Kohl’s Corp. It said the sluggish growth was most pronounced by toys and electronics, which account for …read more […]

Top news and what to watch in the markets on Wednesday, January 15, 2020. …read more […]

(Bloomberg) — Pfizer Inc. is planning an initial public offering of its consumer-health joint venture with GlaxoSmithKline Plc in three to four years as the two drugmakers turn back toward the lab.Pfizer Chief Executive Officer Albert Bourla discussed the time frame for the IPO at the J.P. Morgan Healthcare Conference in San Francisco on Tuesday. The plan provides New York-based Pfizer with a clear exit strategy, he said.The world’s biggest supplier of over-the-counter medicines will be one of the industry’s only standalones, facing off with companies integrated into larger entities such as Johnson & Johnson, Bayer AG and Procter & …read more […]