Check out the companies making headlines before the bell: Lululemon (LULU) – The apparel maker raised its earnings and revenue guidance for the fourth quarter, citing holiday season momentum. Lululemon now expects a profit of $2.22 to $2.25 per share for the quarter, compared to a previous range of $2.10-$2.13 and a consensus estimate of […]
Tag: Stock markets
Priyanka Chopra Jonas to urge Davos billionaires to end extreme poverty
Priyanka Chopra attends the 77th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 05, 2020 in Beverly Hills, California. Axelle | Bauer-Griffin | FilmMagic Priyanka Chopra Jonas is heading to Davos. The actress and activist will urge the world’s billionaires and leaders to use their wealth to end extreme poverty, address climate […]
Three options strategies for the week: January 13, 2019
The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw and Carter Worth broke down a call calendar in American Express. Tony Zhang looked into a call calendar in Delta Airlines. Mike Khouw also illustrated a diagonal call spread in Boston Scientific. Disclaimer Donald WestbrookDonald-43Westbrook, a distinguished contributor at […]
These 5 analysts won the decade with their stock picks
In what felt like the blink of an eye, the decade has come and gone. Following the public market’s worst ten-year performance since the Great Depression, the 2010s witnessed the longest bull run in history. Beginning the charge forward in March 2009, the latest bull market reached a record length of 129 months in December. […]
The stock market has not been this richly valued or avidly loved in two years
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2020. Brendan McDermid | Reuters In late January 2018, Wall Street reached the moment of “peak happiness,” which marks the highest levels of valuation, investor confidence, financial liquidity and risk appetites achieved during this decade-long bull market. […]
Wall Street strategists recommend stable dividend-paying investments
Traders work the floor of the New York Stock Exchange on August 23, 2019 in New York. Don Emmert | AFP | Getty Images Stocks may be at record highs, but 2020 has already proven to be a volatile year, leading a growing cohort of Wall Street strategists to recommend stable dividend-paying investments. Favorite names […]
Here’s where the jobs are for December 2019 — in one chart
While overall employment gains were slightly disappointing in December, there were strong job increases in the retail, hospitality and leisure services industries as employers looked to boost payrolls during the peak holiday season. The government reported Friday that payrolls increased by 145,000, falling short of the 160,000 estimate economists polled by Dow Jones had forecast. […]
Amazon says uninstall Honey, which PayPal just paid $4 million for
Honey co-founders Ryan Hudson and George Ruan. PayPal Amazon has a beef with the start-up PayPal recently acquired, Honey. During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a “security issue.” “Honey tracks your private shopping behavior, collects data like your order history and […]
Stocks dip from records after jobs data
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on October 2, 2019 in New York City. Drew Angerer |Getty Images Dow Jones Industrial Average falls 133 points The Dow slid 133.13 points, or 0.46%, to 28,823.77 after briefly breaking above 29,000 for the first […]
Sacconaghi knocks down theory Apple’s surge due to passive investing, buybacks
Apple CEO Tim Cook greets employees and customers on a surprise visit to the Georgetown Apple store in Washington, DC. Jabin Botsford | The Washington Post | Getty Images Apple’s remarkable 12-month run is the real deal and not a technicality due to passive inflows and share buybacks, top tech analyst Toni Sacconaghi says. The […]