Tag Archives: stocks

Health-care stocks plunge as uncertainty rises on Obamacare, Congress threatens action on drug prices

Health-care stocks were poised to end the week in the red Friday after lawmakers on Capitol Hill threatened to write new laws tightening control over the nation’s largest pharmacy benefit mangers to curb skyrocketing drug costs. The Trump administration’s legal challenge to former President Barack Obama’s signature health insurance law, the Affordable Care Act, and Sen. Bernie Sanders’ new “Medicare for All” bill ... Read More »

Strategist Jim Paulsen makes case for why stocks are about to hit report highs

The S&P 500 ought to quickly hit a document excessive due to some of effective forces comingtogether, closely observed marketplace watcher Jim Paulsen said Thursday, following the exceptional -day rally on Wall avenue when you consider that March. financial growth, not best inside the U.S. but round the sector, is choosing up in a “synchronized”fashion, and deflationary issues are fading, ... Read More »

LendingClub stocks pop as company seeks help after CEO departure

stocks of LendingClub rose more than eight percentage Monday as buyers digested a Reuters documentthat said the organisation had employed Jefferies to find buyers for loan funding. a number of the corporation‘s largest buyers halted purchases of LendingClub loans after former CEO Renaud Laplanche resigned while the employer said a review determined staff knowingly sold $22 million in loans in ... Read More »

NFL Twitter hacked, stocks Goodell ‘death’ hoax

he Twitter account of the country wide football League become hacked Tuesday with a fake messageannouncing that Commissioner Roger Goodell had died. The NFL speedy answered by using pronouncing the account had been hacked and Goodell turned into“alive and well.” Goodell tweeted later in the day, making mild of the problem. this is the brand new in a chain of ... Read More »

10 overbought stocks prepared to drop

a collection of high-flying names can be at risk of a pullback because the market rolls over this month,buyers warn. since the S&P 500 reached a 52-week low in early February, the index has staged one of the most powerfulrallies in years, sending many stocks to what some traders recall “overbought” territory. The S&P’s failure toreach a new excessive, but, ... Read More »

searching ‘ominous’ for overwhelmed-down retail stocks: Technician

A string of dismal earnings and sales numbers has retail shares struggling. despite some robust showings from a few agencies like Wal-Mart, the retail ETF (XRT) is about to log its5th–immediately week of losses. And in keeping with Instinet dealer and technical analyst Frank Cappelleri, the worst should still be beforehand for retailers. examine MoreGood day in retail, but it’s ... Read More »

Bank stocks tracking for worst week since early January

Carson Block speaking the SOHN Conference in New York on May 4th, 2016. David A. Grogan | CNBC Carson Block speaking the SOHN Conference in New York on May 4th, 2016. This week has not been kind to bank stocks. The SPDR S&P Bank ETF (KBE) was down nearly 4 percent for the week, putting it on track for its ... Read More »

large information breaches have been appropriate for protection stocks

KTSDESIGN | technology picture Library | Getty pics IT safety stocks have soared after the seven massive records breaches made public during the last 3years, consistent with the Bessemer assignment partners Cyber Index released Tuesday. The BVP Cyber Index tracked the capital-weighted performance when you consider that Jan. 1, 2011, of 29 public businesses whose number one commercial enterprise is ... Read More »

GM, Ford stocks should surge at least 25%: Barron’s

stocks of popular cars and Ford Motor ought to rise as a minimum 25 percent within the subsequent yr, with U.S. automobile sales possibly to are available in stronger than many traders fear, in step with a fileon Sunday in Barron’s financial newspaper. both agencies‘ stocks look reasonably-priced, Barron’s said. Ford and popular automobiles exchange at 6.6 times and five.6 ... Read More »

Super Tuesday not so super for drug stocks

The Super Tuesday primaries solidified Donald Trump and Hillary Clinton as the likely party nominees for the general election, with both winning seven states. Market analysts are now starting to suggest clients invest around a possible Clinton or Trump presidency. “Super Tuesday front-runners Donald Trump and Hillary Clinton delivered strong enough results to begin focusing on a general election match-up,” ... Read More »