Intuition

Financial Advisors Are Paying More Attention to Facebook as Stock Inches Lower Despite Strong Fundamentals

The US stock market had an interesting week between November 27 and December 1. The S&P 500 and Dow Jones Industrial Average indexes gained 1.53% and 2.86%, respectively, as retailers registered a strong run following solid Black Friday figures. Dow Jones Industrial Average also passed the 24,000-point mark on Thursday, boosted by optimism about the tax reform, which was passed by the Senate early on Saturday morning. On the other hand, tech stocks saw declines on Wednesday, with so-called FAANG stocks losing ground, despite strong fundamentals and great performance so far this year. The Nasdaq Composite index inched down by 0.6% last week, mainly on the back of a 1.27% drop on Wednesday...

Financial Advisors are Looking Closer at ITUS Corp (ITUS) Amid Developments in Cancer Treatment Efforts

During the shortened holiday week, the US stock market extended its rally, with the S&P 500 gaining 0.91% between November 20 and November 24 and topped the 2,600-point mark on Tuesday. The Dow Jones Industrial Average inched up by 0.86% and the Nasdaq Composite surged by 1.57%. All three indexes registered records, with the S&P 500 notching its 55th closing high on Friday, while Nasdaq Composite and Dow Jones Industrial Average hit the 69th and 60th closing high, respectively. Analysts project that they will continue...

Financial Advisors Put NVIDIA Corporation in Spotlight Following Strong Results and Positive Outlook; Small-Caps Receive Some...

After several weeks of mostly gains and positive news, the last week was a bit tumultuous for the stock market. Among main indexes, the S&P 500 and the Dow Jones Industrial Average inched down by 0.13% and 0.27%, respectively, and registered the first two-week losing streak since August. Both Indexes were affected by concerns regarding the passage of the Republican tax plan and a pullback in commodities in the middle of the week, which caused a global sell-off. The stock market was also dragged lower by the decline in oil prices that came on the back...

Financial Advisors Focus on Small-Cap Biotech Intrexon as Its Stock Drops on Disappointing Q3 Results

The US stock market registered a decline last week, as all three main indexes plunged on Thursday on the back of concerns about the GOP tax plan, which pushed back the corporate tax reduction to 20% from 35% until 2019. In this way, Dow Jones Industrial Average lost 0.5% between November 6 and November 10, even though it managed to close at a record high on Tuesday. The S&P 500 lost 0.21%, offset by Priceline Group Inc...

Financial Advisors Put Apple Back on Pedestal as Q4 Results Eclipse Expectations

The US stock market is continuing its ascend, as the S&P 500 and Dow Jones Industrial Average registered the seventh straight monthly gain in October and the Nasdaq Composite ended the month at a record high and posted the fourth straight monthly gain. According to Standard & Poor’s, the S&P 500’s 2.3% gain in October was mainly due to the Technology stocks, while five tech stocks, Facebook Inc (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), Apple Inc. (NASDAQ:AAPL), Alphabet Inc (NASDAQ:GOOGL), and Microsoft Corporation (NASDAQ:MSFT) contributed to 52% of the gains of the entire Index. Among these five stocks, Amazon, Facebook, Microsoft, and Alphabet posted stellar results in October. Apple released its quarterly results after the bell on November 2, being one of the main contributors to the gains posted by Nasdaq Composite and Dow Jones on the following day...

Financial Advisors Keep Closer Eye on Amazon as It Posts Excellent Results; Talks about Entry Into Pharmacy Business Resurface

The US stock market had a good run last week, with all three indices gaining ground between October 23 and October 27. The S&P 500 advanced by 0.23%, although the growth was offset by a drop on Wednesday (the Index’s worst day since September 5) on the back of disappointing results of Chipotle Mexican Grill, Inc. (NYSE:CMG), which caused its stock lose over 14%, and Advanced Micro Devices, Inc. (NASDAQ:AMD), whose stock slid by over 13% after the company had posted better-than-expected results but issued a disappointing outlook...

Financial Advisors Focus on Bank of America Among Big Banks That Reported Q3 Results

It’s that time of the year when investors and Financial Advisors start focusing on companies’ earnings reports, in order to see how the companies performed during the third quarter and make projections about their outlooks. TrackStar, Investing Channel’s official newsletter capturing and analyzing the trends of Financial Advisors, compiled the list of the 20 most searched tickers among financial advisors between October 8 and October 14, which showed...

Financial Advisors Pay Closer Attention to Celgene Corporation As Its Stock Sells Off on Analyst Downgrade

The main US stock indices moved higher last week, although the S&P 500 and the Dow Jones Industrial Average both inched lower on Friday, ending their multi-day winning streaks. Both the S&P 500 and the Dow Jones advanced by 1.25% and 1.65% between October 2 and October 6. The NASDAQ Composite appreciated by 1.45%, reaching a nine-day gaining streak and hitting a new record high...

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