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Archive US: Trading

  • Tom Lee: Here’s what history says about what stocks will do next

    Stocks tend to do particularly well following big electoral wins for Republicans, Tom Lee of Fundstrat Global Advisors found. He discusses with Morgan Brennan.

  • NEW YORK, Nov 23- The S&P 500 inched lower on Wednesday afternoon, hurt by declines in Eli Lilly and other healthcare shares, while the Dow edged higher along with industrial stocks in light trading ahead of a U.S. holiday. Thanksgiving Day holiday on Thursday. "Today is the beginning of the holiday, so many people have left or are on their way," said Ken Polcari, director...

  • Gold plunges – here’s why it could fall even lower

    Is more pain ahead for the yellow metal? Craig Johnson of Piper Jaffray and Kathy Lien of BK Asset Management discuss with Morgan Brennan.

  • Here's how to trade a falling Euro

    Todd Gordon of TradingAnalysis.com sees the Euro dropping against the dollar, which leads him to trade FXE.

  • *Most analysts expect OPEC- led production cut to be agreed. Wednesday despite investor doubts that OPEC will agree to a. Brent crude futures were up 5 cents at $49.16 a barrel, also trading in $1- range between $48.56 and $49.50.

  • *Most analysts expect OPEC- led production cut to be agreed. Wednesday despite investor doubts that OPEC will agree to a. In the U.S. market, West Texas Intermediate crude oil futures were up 19 cents at $48.22 a barrel at 10:44 a.m. EDT after rising to $48.43 earlier on Wednesday.

  • Nov 23- U.S. crude oil stocks fell last week after three straight weeks of builds as imports dropped and refineries hiked output, while gasoline inventories rose sharply amid weak demand, U.S. Energy Information Administration data showed on Wednesday. Crude oil prices were relatively steady after the data, as the market continues to ready for next week's...

  • *Eli Lilly tumbles after Alzheimer's drug fails. *Other health stocks, including Biogen, drop. Nov 23- Wall Street was poised for a quiet open on Wednesday, a day after the post-election rally powered major indexes to record highs as investors bet that the next U.S. government's policies would be more market friendly.

  • NEW YORK, Nov 22- U.S. stocks extended their post-U.S. election rally on Tuesday with moderate gains that pushed the Dow above 19,000 for the first time and the three major indexes to record closing levels for a second straight day. Investors see President-elect Donald Trump's promises of tax cuts, higher spending on infrastructure and less regulation as...

  • NEW YORK, Nov 22- U.S. stocks extended their post-U.S. election rally on Tuesday with moderate gains that pushed the Dow above 19,000 and the three major indexes to record closing levels for a second straight day. Investors see President-elect Donald Trump's promises of tax cuts, higher spending on infrastructure and less regulation as beneficial to certain...

  • *Three main Wall Street indexes, Russell 2000 end at records. NEW YORK, Nov 22- Wall Street's three main stock indexes ended at record highs for a second straight day on Tuesday, while European shares also rose on expectations that markets would benefit from U.S. In Europe, the pan-European STOXX 600 index and the FTSEurofirst 300 of top regional shares climbed to...

  • Trader predicts a dip in the gold rally

    Todd Gordon of TradingAnalysis.com shorts gold after predicting that GDX will fall.

  • Apple poised for a comeback?

    Apple shares have being lagging meaningfully. Are they poised to catch up? Ari Wald of Oppenheimer and Max Wolff of 55 Capital discuss with Brian Sullivan.

  • Financial crises tend to presage far-right votes: Economist

    Are the recent strings of votes for right-wing candidates and causes a reaction to the financial crisis? Manuel Funke, economist at the Free University of Berlin, discusses with Brian Sullivan.

  • *Japan earthquake sparks some safety buying. Treasuries were steady on Tuesday after the U.S. Treasury Department saw solid demand for its $34 billion sale of five-year notes, the second sale of $88 billion in new supply this week. "People had it pretty well priced, the market didn't budge when the results came out," said Lou Brien, a market strategist at DRW Trading in...

  • NEW YORK, Nov 22- U.S. stocks edged higher in afternoon trading on Tuesday, pushing the Dow above the 19,000 level and the S&P 500 above 2,200, though a fall in healthcare stocks weighed on the market. President-elect Donald Trump's promises of tax cuts, higher spending on infrastructure and less regulation have been seen by investors as beneficial to certain...

  • *Soybeans led by strength in China's Dalian soy complex. CHICAGO, Nov 22- Chicago Board of Trade soybean futures hit a four-month high on Tuesday on strength in Chinese soy markets and technical buying, analysts said. As of 12:58 p.m. CST, Chicago Board of Trade soybeans for January delivery were up 12 cents at $10.32-1/ 4 per bushel after reaching $10.33-1/ 4, the...

  • *Three main Wall Street indexes hit record highs for 2nd day. NEW YORK, Nov 22- Wall Street's three main stock indexes hit record highs for a second straight day on Tuesday before trimming gains, while European shares also rose on expectations that markets would benefit from U.S. The Dow topped the 19,000 mark and the S&P 500 moved past 2,200 for the first time ever,...

  • Nov 22- The three major U.S. stocks hit record intraday highs for the second straight day on Tuesday, with the Dow topping 19,000, before pulling back sharply as healthcare stocks tumbled. U.S. stocks have rallied since Donald Trump's election win as his policies, including promises of tax cuts, higher spending on infrastructure and simpler regulations in the...

  • Nov 22- U.S. stock indexes hit record intraday highs for the second straight day on Tuesday, with the Dow topping 19,000 and the S&P 500 moving past 2,200 as the post-election rally continued. President-elect Donald Trump's pro-growth policies, including promises of tax cuts, higher infrastructure spending and simpler regulations in the banking and...