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Gunmaker Stocks Dip After Dick's Discontinues Sale Of Assault Rifles
Article By:
Zacks Investment Research
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Wednesday, February 28, 2018 2:13 PM EDT
Shares of U.S.-based gunmakers Sturm, Ruger & Co. and American Outdoor Brands dipped in morning trading Wednesday after Dick’s Sporting Goods announced that it will discontinue the sale of assault-style rifles at its stores.
Sluggish Tape And Possibly An End To Celgene Woes?
Article By:
Rod Raynovich
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Wednesday, February 28, 2018 2:05 PM EDT
Biotech stocks were weak again today exacerbated by still more bad news from Celgene down over 8% on news that the FDA refused to review their Ozanimod product for relapsing Multiple Sclerosis.
In this article: CELG
Rally Pause When Earnings Season Ends?
Article By:
Kurt Kallaus
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Wednesday, February 28, 2018 1:46 PM EDT
Markets tend to climb a ‘Wall of Worry’ and thus far the double digit flash correction has not had time to build up the normal ‘Fear Factor’ needed to scare cash onto the sidelines.
Economic Evolution
Article By:
Rachel Fox
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Wednesday, February 28, 2018 1:38 PM EDT
Whatever the state of the US economy or your country’s economy, there are people all across the world, in biology labs and startup garages who are inventing the future. Where innovation persists, there is new wealth to be made.
GE: Turnarounds Take Time
Article By:
Quad 7 Capital
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Wednesday, February 28, 2018 1:27 PM EDT
Turnarounds take a long time to be worked out. There is no better case of this than what we are seeing with General Electric. GE stock is seemingly making new lows every single day.
In this article: GE
Short Demand For HY ETFs Hits Record
Article By:
The Heisenberg Report
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Wednesday, February 28, 2018 1:20 PM EDT
The ability to achieve HY short exposure via exchange-listed products has allowed a wider range of market participants to put the trade on.
Data Distortions One Way Or Another
Article By:
Jeffrey P. Snider
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Wednesday, February 28, 2018 1:13 PM EDT
In the US our economic data for a few months at least will be on shaky ground due to the lingering economic impacts of severe hurricanes. In China, the potential for irregularity is perhaps as great, though it has nothing to do with the weather.
Is Bitcoin Really A Leading Indicator For The Entire Market?
Article By:
Tyler Durden
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Wednesday, February 28, 2018 1:05 PM EDT
Institutional investors, who are supposed to value assets using their sophisticated financial literacy, analysis, and information-gathering strengths, are actually seeking feedback about the market from cryptocurrency prices.
In this article: BITCOMP
US Dollar Rally May Spell Trouble For Precious Metals
Article By:
Chris Kimble
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Wednesday, February 28, 2018 12:57 PM EDT
The last 14 months has seen the US Dollar Index fall nearly 15 percent (top to bottom). Sentiment toward the dollar has turned bearish as well.
In this article: UUP
Why Is The Gold Price Not Moving Higher, Faster?
Article By:
Alessandro Bruno
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Wednesday, February 28, 2018 12:53 PM EDT
The gold price remains firmly within the $1,300-per-ounce boundaries. It could soon test the $1,350 resistance after reaching a high of $1,365 per ounce in 2018 already.
In this article: GLD
Tech ETFs & Stocks Surviving The Market Rout In February
Article By:
Sweta Killa
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Wednesday, February 28, 2018 12:22 PM EDT
The technology sector has shown immense upside potential this month even amid market turmoil, ruffled by fears of inflation and higher-than-expected rate hikes due to an upbeat January jobs data and Fed minutes