Down 2.4% on Friday. Up 1.5% on Monday. Such is life in the stock market these days when the computers think they’ve found a theme. Or rather, when the computers think they’ve found a theme one day and then realize they were wrong the next. Good times.
On Friday, stocks got hit hard as the major indices had their worst day since the BREXIT hysterics. What was interesting is that stocks and bonds both fell precipitously on the same day. And folks, that’s just not supposed to happen.
Remember, when there is a crisis in stocks – you know the type of thing that causes stock indices to fall off a cliff to the tune of 2.5% in a single session – bonds tend to benefit as the fast money flocks to the safety of the U.S. government bond market.
However, this was most definitely NOT the case on Friday. No, both stocks and bonds in the U.S. got smoked at the same time. Why? Because some of the macro masters of the universe working on Wall Street became convinced that the Fed was secretly planning to surprise the market in a couple weeks. Instead of thoroughly telegraphing their plans, the thinking was that Yellen & Co. needed to gain back their lost credibility – and fast.
Top 10 High Tech Stocks To Watch For 2018: CST Brands, Inc.(CST)
- [By Monica Gerson]
CST Brands Inc (NYSE: CST) is projected to report its quarterly earnings at $0.22 per share on revenue of $2.30 billion. CST Brands shares declined 1.20 percent to close at $36.21 on Thursday.
- [By Monica Gerson]
CST Brands Inc (NYSE: CST) is projected to report its quarterly earnings at $0.22 per share on revenue of $2.30 billion.
American Axle & Manufact. Holdings, Inc. (NYSE: AXL) is expected to report its quarterly earnings at $0.71 per share on revenue of $998.76 million.
Top 10 High Tech Stocks To Watch For 2018: VIVUS, Inc.(VVUS)
- [By Peter Graham]
A long term chart shows Arena Pharmaceuticals along with its small capobesitytreatmentpeers EnteroMedics Inc (NASDAQ: ETRM), Orexigen Therapeutics, Inc (NASDAQ: OREX) and VIVUS, Inc (NASDAQ: VVUS) all causing severe weight loss for investor portfolios:
- [By Keith Speights]
Arena is out of the obesity drug business, but what about Orexigen Therapeutics (NASDAQ:OREX) or VIVUS (NASDAQ:VVUS)? The problem is that they’re both too dependent on their respective obesity drugs, Contrave and Qsymia. Neither of the drugs have performed up to expectations.
Top 10 High Tech Stocks To Watch For 2018: Vermillion, Inc.(VRML)
- [By Alex McGuire]
Here’s a list of the top 10 penny stocks to watch in March, which includes the biggest gainers last month…
Penny StockCurrent Stock PriceFebruary 2017 ReturnZosano Pharma Corp. (Nasdaq: ZSAN)$2.56+123.3%Bellerophon Therapeutics Inc. (Nasdaq: BLPH)$1.25+113.8%Peregrine Pharmaceuticals (Nasdaq: PPHM)$0.59+101.7%Galectin Therapeutics Inc. (Nasdaq: GALT)$1.79+91.9%Bioanalytical Systems Inc. (Nasdaq: BASI)$1.58+90.6%CymaBay Therapeutics Inc. (Nasdaq: CBAY)$3.50+89.8%Vermillion Inc. (Nasdaq: VRML)$2.56+86.3%Naked Brand Group Inc.(Nasdaq:NAKD)$2.16+76%Eyegate Pharmaceuticals Inc. (Nasdaq: EYEG)$2.63+73.9%Benitec Biopharma Ltd. (Nasdaq ADR: BNTC)$2.60+59.9%
The best-performing penny stock – Zosano Pharma Corp. – soared an incredible 123.3% from Feb. 1 to Feb. 28. To put those gains into perspective, that’s more than five times the S&P 500’s 23% climb in the last 12 months.
Top 10 High Tech Stocks To Watch For 2018: Duke Energy Corporation(DUK)
- [By Chris Lange]
Duke Energy Corp.’s (NYSE: DUK) fourth-quarter results are scheduled for Tuesday. The consensus estimates are calling for $0.92 in earnings per share (EPS) on $6.17 billion in revenue. The shares traded on Friday’s close at $76.70. The consensus price target is $85.67, and the 52-week trading range is $72.93 to $91.80.
- [By Reuben Gregg Brewer]
Investing in retirement requires a different focus, usually one that includes a prominent place for dividend income. If dividend-paying stocks are what you’re looking for, then you should take a closer look at high-yielding Duke Energy Corporation (NYSE:DUK), ONEOK, Inc. (NYSE:OKE), and W.P. Carey Inc. (NYSE:WPC). They offer dividend yields of 4%, 5%, and 6%, respectively… income that could materially increase your retirement “paycheck” and help to supplement Social Security.
- [By Chris Lange]
Duke Energy Corp. (NYSE: DUK) shares were up 2.6% at $76.24. The stock has a 52-week range of $72.93 to $91.80 and a consensus price target of $86.13.
Top 10 High Tech Stocks To Watch For 2018: Move Inc.(MOVE)
- [By Renu Singh]
Aruba Networks (ARUN) is a leading provider of next-generation network access solutions for mobile enterprise. The company’s Mobile Virtual Enterprise (MOVE) architecture unifies wired and wireless network infrastructures into one seamless access solution for corporate headquarters, mobile business professionals, remote workers and guests. This unified approach to access networks enables IT organizations and users to securely address the Bring Your Own Device (BYOD) phenomenon, dramatically improving productivity and lowering capital and operational costs.
Top 10 High Tech Stocks To Watch For 2018: (VIAB)
- [By Garrett Baldwin]
This morning, President Trump suggested that the United States is considering strong military action in response to recent chemical attacks carried out on civilians by the Syrian government. The president promised to send “nice and new and ‘smart'” missiles to Syria and accused the Russian government of partnering with a “Gas Killing Animal who kills his people and enjoys it!” The president’s remarks are a significant departure from comments made last week, which suggested that the United States would be pulling out of Syria in the coming months. Trump’s threat of war over a recent chemical attack in Syria drove crude oil and gold prices higher. Geopolitical worries often offer a boost to commodity prices due to concerns about supply. Trump’s threat comes at a time that markets are already concerned about a significant military conflict in the Middle East between Saudi Arabia and Iran. WTI crude prices added 0.9% to hit $66.10 per barrel. Brent crude pushed to $71.10 per barrel. Gold price topped $1,350 per ounce and are poised for bigger gains. According to Axios, U.S. Speaker of the House Paul Ryan (R-WI) has privately told friends that he will not seek reelection in the fall. The news comes at a perilous time for Republicans, who are expected to lose the House of Representatives and potentially the Senate. Axios was the first to report the news. The story is also notable because Ryan recently achieved his long-time goal of passing tax reform in late 2017.
Four Stocks to Watch Today: FB, FOXA, CBS
Shares of Twenty-First Century Fox Inc.(NYSE: FOXA) fell in pre-market hours on news that investigators from the European Commission raided the firm’s London office yesterday. Reports indicate that investigators are trying to keep their goals confidential. However, there has been a lot of scrutiny over Rupert Murdoch’s goal to purchase rival Sky in recent months. British authorities have argued that this deal would not be in the public’s best interest. Accor
- [By Keith Noonan]
While 2016 played host to a range of films that underperformed, the biggest flops belonged to Disney (NYSE:DIS), Viacom (NASDAQ:VIA) (NASDAQ:VIAB) and Lions Gate Entertainment (NYSE:LGF.A). Click through the presentation below to get the details on the year’s five biggest film flops and to learn what last year’s movie misfires mean for the companies involved.
- [By Lisa Levin]
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Edwards Lifesciences Corp (NYSE: EW) reported better-than-expected results for its first quarter, but issued weak earnings guidance for the second quarter. Edwards Lifesciences shares tumbled 7.80 percent to $124.17 in the after-hour
- [By Paul Ausick]
Viacom Inc. (NASDAQ: VIAB) posted a new 52-week low of $27.22 on Tuesday, down about 4.6% from Friday’s closing price of $28.52. The stock’s 52-week high is $46.72. Volume totaled around 5.8 million shares, about 15% above the daily average. The company had no specific news.
Top 10 High Tech Stocks To Watch For 2018: Carnival Corporation(CUK)
- [By Rick Munarriz]
Carnival Corporation & plc (NYSE:CCL) (NYSE:CUK)shareholders have to be feeling pretty good these days. The stock hit yet another new high on Friday, and the stock is trading 13% higher so far in 2017.It’s been smooth sailing so far this year, but the first big test comes on Tuesday morning when the world’s largest cruise line operator reports financial results for its fiscal first quarter.
Top 10 High Tech Stocks To Watch For 2018: Franklin Resources, Inc.(BEN)
- [By Craig Jones]
Jim Strugger recommended on Bloomberg Markets a long position in Franklin Resources, Inc. (NYSE: BEN).
He said the company is in the assets management sector and he added that the market is probably getting into the period of higher dispersion, which is usually favorable for active managers. Speaking on the positive catalysts for the stock, Strugger said Franklin Resources is going to benefit from the cash repatriation.
- [By Paul Ausick]
Franklin Resources Inc. (NYSE: BEN) traded down about 2% Wednesday to post a new 52-week low of $32.41 after closing Tuesday at $33.09. The stock’s 52-week high is $47.65. Volume was about equal to the daily average of around 3.6 million shares. The company had no specific news Wednesday.
- [By WWW.THESTREET.COM]
Franklin Resources (BEN) : “I’d rather see you in Morgan Stanley (MS) or E*TRADE Financial (ETFC) .”
Kinder Morgan (KMI) : “They are OK now, but there are better ones.”
- [By WWW.GURUFOCUS.COM]
For the details of Gallagher Fiduciary Advisors, LLC’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Gallagher+Fiduciary+Advisors%2C+LLC
These are the top 5 holdings of Gallagher Fiduciary Advisors, LLCFifth Third Bancorp (FITB) – 7,424,558 shares, 43.91% of the total portfolio. New PositionUnited States Steel Corp (X) – 3,763,643 shares, 25.82% of the total portfolio. Franklin Resources Inc (BEN) – 1,825,092 shares, 15.42% of the total portfolio. Shares reduced by 2.44%Cleveland-Cliffs Inc (CLF) – 1,780,977 shares, 2.5% of the total portfolio. Shares reduced by 1.33%Finisar Corp (FNSR) – 349,639 shares, 1.39% of t
Top 10 High Tech Stocks To Watch For 2018: America’s Car-Mart Inc.(CRMT)
- [By Monica Gerson]
America’s Car-Mart, Inc. (NASDAQ: CRMT) is projected to post its quarterly earnings at $0.58 per share on revenue of $149.13 million.
Ryanair Holdings plc (ADR) (NASDAQ: RYAAY) is expected to report its quarterly earnings at $0.24 per share on revenue of $1.16 billion.
- [By Monica Gerson]
Analysts are expecting America’s Car-Mart, Inc. (NASDAQ: CRMT) to have earned $0.58 per share on revenue of $149.13 million in the latest quarter. America’s Car-Mart shares rose 2.06 percent to close at $23.25 on Friday.
Top 10 High Tech Stocks To Watch For 2018: Extra Space Storage Inc(EXR)
- [By Matthew Frankel]
The final REIT type I like right now is self-storage, particularly Extra Space Storage (NYSE:EXR).
First, I should mention that this could prove to be the most volatile company on the list. Self-storage isn’t as defensive as retail or healthcare simply because of its lease structure. Generally, you don’t sign a multi-year lease on a storage unit — you just pay each month that you want to keep it. This makes it easier for tenants to vacate the properties during tough times.