Stock Market Today
Short Selling Will Plague Retailers Who Fall into These Traps
This past week and a half saw all of The Big Three teen clothing retailers post a second consecutive quarter of year-over-year losses, further fueling the short selling spree on these specialty apparel retailers.
Abercrombie & Fitch Co. (NYSE: ANF), American Eagle Outfitters (NYSE: AEO), and Aeropostale Inc. (NYSE: ARO) have been suffering blows to their top line since the tail end of the recession, fueling short-selling activity that has further threatened these companies' stocks.Here’s why they are struggling, and how to identify a prime retail short sale candidate.
Is the Stock Market Closed on Labor Day?
For those investors out there wondering, "Is the stock market closed on Labor Day," here's the answer.We also explain what Labor Day is, how it came about, and its effect on the New York Stock Exchange…
Tesla (Nasdaq: TSLA) Stock Smashes All-Time High Today on Massive China Deal
Tesla Motors Inc. (Nasdaq: TSLA) stock hit an all-time high of $272 today, after the company signed a deal with China's second-largest mobile phone company to build 400 charging stations in 120 Chinese cities.
The partnership with China United Network Communications Corp. sent the Tesla stock price up more than 3% from yesterday's closing price of $263.86.But that’s just the start of TSLA’s run. Here’s how much higher the Tesla stock price is going…
Apple Stock to Reach a $1 Trillion Market Cap by 2018
Apple Inc. (Nasdaq: AAPL) is on track to become America's first $1 trillion company by 2018.
ApplStep by step, this is how AAPL stock will reach this milestone…
The Alibaba IPO Date Is Less Than Three Weeks Away – and You Can Start Profiting Now
According to multiple media reports, the Alibaba IPO date is less than three weeks away.
Both Bloomberg and Fox, citing unnamed sources, reported earlier this month that Alibaba Group Holding Ltd. (NYSE: BABA) will begin the "roadshow" portion of its IPO shortly after Labor Day.Here’s the date to mark on your calendar, and how you can start profiting from this deal today…
Gold ETFs Ready to Head Higher on This Key Driver
The SPDR Gold Trust Exchange-Traded Fund (NYSE Arca: GLD), one of the two major gold ETFs that trade in the United States, dropped more than 1.2% last week, from $124.77 to $123.18.But although short-term losses can be unsettling, investors who hold gold-related securities like gold ETFs have good reason for long-term optimism. Here’s why…
How the Alibaba IPO Has Turned into Huge Profits for These Tech Firms
The Alibaba IPO is expected to take place in mid-September, and Alibaba Group Holding Ltd. (NYSE: BABA) has spent the last year preparing to take its stock public in the U.S.
A big part of that preparation has been making acquisitions. According to Bloomberg, Alibaba has spent roughly $5 billion acquiring numerous companies in the last year.This buying spree is just getting started, and a bunch of U.S. tech start-ups are on the shopping list...
Stock Market Today Will Move on GDP Numbers and Eurozone QE Talk
Stock market today, August 28, 2014: This morning, the U.S. Commerce Department revised second-quarter GDP upward to 4.2% growth, while jobless claims slipped to 298,000 for last week.Here’s what you should know to make your Wednesday profitable…
Last week, European Central Bank President Mario Draghi affirmed his commitments to Eurozone QE. Despite the optimism, many analysts remain divided on whether the ECB will act as soon as next week or wait until some point in the fall.
Stock Market Today Holds Record Highs – BBY, TIF Notch Gains, DGLY Slumps
U.S. stock markets remained relatively unchanged this afternoon, maintaining their record highs. On a day of very light volumes, most of the attention focused on monetary policy in Europe and several retail companies that reported earnings today.Here are the top stories from the stock market today…
Stock Market News Today Driven by BKW and AMZN Acquisitions
Stock market news today, August 27, 2014: U.S. stock markets struck multiple intraday records on Tuesday, as strong consumer data suggested further momentum for the economy. The S&P 500 hit another record, fresh off its first intraday rise over the 2,000 level yesterday.Here’s what you should know to make your Wednesday profitable…