GameStop stock (NYSE: GME) is a short selling favorite, and for good reason.
It's trying to navigate an online-centric marketplace as a physical retailer, and the short bets are playing off this knowledge to mount a strong position against the company.
But trying to profit off GME's downfall has proven harder than anticipated. Here's why...
stock market crash
CSCO, JCP, PCLN Among Hottest Stocks to Watch This Week
Hot stocks to watch today: While August is usually a slow month for market news, this has been an exception.
And this week will continue the activity when these companies report earnings.Here are hot stocks to watch on earnings, including CSCO, JCP, and PCLN...
Stock Market Crash 2014: How a Correction Could Turn Into a Meltdown
Instead of getting the healthy correction that many market watchers have been expecting for months, several hard-to-see cracks in the market infrastructure could instead give us a full-blown stock market crash.
Money Morning Capital Wave Strategist Shah Gilani is not surprised, as he has been predicting a 20% stock market correction for weeks. The reason, he said, is that the stocks have raced too far ahead of the economy.
But Gilani, a former hedge fund manager, sees several major problems with the mechanics of the markets themselves.Any one of these could turn a correction into a painful stock market crash...
Today's Stock Market Crashers Include WAG, TWX, GRPN
Six downtrodden stocks made our "stock market crasher" list today (Wednesday).
They are Walgreen (NYSE: WAG), Time Warner (NYSE: TWX), T-Mobile (NYSE: TMUS), Groupon (Nasdaq: GRPN), Rocket Fuel (Nasdaq: FUEL), and Cognizant Technology Solutions (Nasdaq: CTSH).
And what's behind their respective sell-offs can be divided into just two groups:Deals gone sour and earnings gone wrong...
These Signs of Market Trouble Are Looming
Editor's Note: By now you're familiar with Michael E. Lewitt of The Credit Strategist. We love his work. Today, he has a special report on current, troubling conditions at this late stage - and a dire warning for investors who may be unprepared. Here's Michael...
"Markets are priced to perfection...
Signs of late cycle behavior and thinking are abundant...
The latest example came from BMO's strategist Brian Belski, who published a report arguing that the bull market in stocks will continue for another ten years with annual gains of 10.5%.
This is the type of report that appears at market peaks. Despite the fact that it was dressed up in statistics and produced by a respectable brokerage house, this isn't a serious piece of research; it is nonsense and anyone who takes it seriously and invests based on its conclusions deserves the losses that will follow."
The above is excerpted from a recent report I produced for my Credit Strategist readers. I wanted to share with you some of my thinking on rapidly coalescing signs that point to growing cracks in the façade of a healthy market... Full StoryRead More...
Today's Stock Market Crashers: Why GIMO and TCS Took a Dive
Gigamon stock (NYSE: GIMO) and Container Store stock (NYSE: TCS) both tumbled today (Wednesday) to earn "stock market crasher" status.Here’s what’s behind their respective drops…
These Lies Could Trigger Another Market Collapse
The public has been brainwashed about deflation.
We've been hoodwinked by central banks, governments, and the manipulators who pull the reins of those Trojan horses into believing that deflation is a deadly disease. It's not.
So, why are we browbeaten into believing that deflation is so bad?Here's the truth about deflation and how its fearmongers are really screwing us over...
Argentina Stock Market Crash Reverses After Today's Deal – for Now
Monday, a stock market crash to the tune of a 12.22% drop hit the Merval Argentina (BCBA: IAR), the most important index of the Buenos Aires Stock Exchange. The index fell to 5,847.78 by market close on Monday – 15% from its all-time high hit just six days prior.
But today, Argentina’s stock market got relief. Stocks are up 1.14% after the country’s lawyer said it will negotiate with a group of hedge funds that are suing over $1.33 billion in bonds.The move is historic since Argentina had said it would never negotiate with the group – but, after what happened this week, they had little choice...
Stock Market Today Strikes a New Record on These Top Stories
Stock market today, June 9, 2014: The Dow Jones Industrial Average hit another record on Monday, while the S&P 500 rose even closer to the 2,000 level. Markets are still reacting positively to last week's jobs report and expected stimulus measures by the European Central Bank.Here are the rest of the top stories from the stock market today:
Stocks Today Break Records Again – Here's the Top News
Stocks today were all up – the Dow Jones Industrial Average hit a new intraday high and the Standard & Poor's 500 Index hit its 16th record high of the year.Here's the scorecard from today's trading session, plus the top stories:
Hot Penny Stocks to Watch – From a Place You May Not Be Looking
Over-the-counter (OTC) penny stocks have been overlooked on lists of hot penny stocks to watch. That’s because OTC penny stocks mercurial investments that aren't subject to the same financial standards as stocks on the larger exchanges.That’s why we’ve broken down how OTC penny stocks work – plus highlighted five hot penny stocks to watch right now to help get you started...
Investors paying attention to the trend are drawn to the massive upside OTC stocks can generate in profits, but many are scared to pull the trigger.
Stock Market Close: Dow Up (Despite Weaker GDP) on These Top Stories
Stock market today, May 29, 2014: Today's (Thursday) stock market close finished in positive territory, despite a U.S. gross domestic product (GDP) report that was weaker than anticipated. Additionally, the Labor Department reported today that the number of initial jobless claims dropped lower by more than was expected.
Here's the scorecard from this session:
Dow: 16,698.42, +0.39%And here are the top stories in the stock market today...
S&P 500: 1,920.03, +0.54%
Nasdaq: 4,247.95, +0.54%
Dow Jones Futures Up Today Ahead of This Market News
Dow Jones futures today, May 29, 2014: Dow Jones futures pointed to a 0.07% gain ahead of open today (Thursday). This morning, the U.S. federal government announced that first quarter gross domestic product (GDP) slipped by 1% - much more than the 0.4% expected contraction.Here’s what will affect Dow Jones futures today, and other top market news…
Stock Market Today: GE-Alstom Deal News, McDonald's Dividend Hike, and More
Stock market today, May 28, 2014: The stock market today (Wednesday) ended its streak of four-straight session gains. U.S. Treasury prices surged, putting the benchmark 10-year Treasury note yield at its lowest level this year on a closing basis.
Here's the scorecard from this session:
DOW: 16,634.40, -0.25%And here are the top stories from the stock market today.
S&P 500: 1,909.77, -0.11%
NASDAQ: 4,225.08, -0.28%
Stock Market News Today: Home Prices, Cyber Spying, and Poultry Profits
Stock market news today, May 27, 2014: The big stock market news today (Tuesday) was the S&P 500's climb to an intraday record. Fueling U.S. stock markets' rise were positive economic data, including growing consumer confidence, and expansion in the U.S. service sector.
Here's the scorecard from today's trading session:
DOW: 16,675.50, +0.42%And here are the top stories in Tuesday’s stock market news:
S&P 500: 1,911.91, +0.60%
NASDAQ: 4,237.07, +1.22%
Stock Market Crashers: What's Behind Lifelock Inc.'s (NYSE: LOCK) Double-Digit Drop Today
Consumer security company Lifelock Inc. (NYSE: LOCK) earned "stock market crasher" status on Monday when it dropped 17.57% to $10.70 per share by close.Here’s what’s behind LOCK’s stock market crash today…
Lifelock, heavily advertised on "The Rush Limbaugh Show," provides identity theft protection services for consumers and identity risk assessment and fraud protection services for businesses. The company went public on Oct. 12, 2012, and investors had locked in gains of more than 200% through the beginning of February. Shares are still 46.17% above initial offering price, but LOCK stock is down 34.08% year to date and 51.3% since mid-February.