Archive US: Trading

  • Silver is sending a warning to stocks: Strategist

    Silver has skyrocketed this year. What does that mean for equities? Nick Colas of Convergex and Larry McDonald of ACG Analytics discuss with Brian Sullivan.

  • Is the bond rally more hated than the stock rally?

    Stocks surged to record highs, but the real gains have been in the bond market. Nick Colas of Convergex and Larry McDonald of ACG Analytics discuss which rally traders hate more with Brian Sullivan.

  • Here’s how I’m playing the gold miners: Trader

    Todd Gordon of plays the gold miners as gold continues to fall.

  • *Nice attack weighs on travel and leisure stocks. July 15- A rally that pushed the S&P 500 to record highs every day this week ran out of steam on Friday, with financials leading Wall Street lower after disappointing results from big banks. An attack in Nice, France that killed at least 84 people weighed on sentiment and dragged down travel and leisure companies.

  • *S&P 500 hits intraday record high of 2,169.05. *Dow hits intraday record high of 18,557.43. NEW YORK, July 15- European shares slipped on Friday after at least 84 people died in an attack in France and U.S.

  • Pedestrians pass a sign advertising mortgages at a Citibank branch in New York.

    Citigroup reports quarterly earnings and revenue that easily beat analysts' expectations.

  • June retail sales up more than expected. *Nice attack weighs on travel and airline stocks. July 15- The Dow and the S&P 500 inched up on Friday, hitting new highs, after better-than-expected monthly U.S. retail sales data offset disappointing results from big banks.

  • *Nice attack weighs on travel and airline stocks. July 15- The Dow and the benchmark S&P 500, trading at record highs, were set to open slightly higher on Friday, after better-than-expected monthly retail sales offset mixed results from Citigroup and Wells Fargo. Dow e-minis were up 21 points, or 0.11 percent at 8:34 a.m. ET, with 33,027 contracts changing hands.

  • TOKYO, July 15- Japan's Nikkei posted its biggest weekly gain in 6-1/ 2 years after a fifth straight winning session on Friday, lifted by Wall Street's record run and a sagging yen, while newly-listed Line Corp ended 32 percent above its IPO price. In their closely watched Tokyo debut, Line shares opened at 4,900 yen, 48 percent above their IPO price of 3,300 yen and...

  • *Dollar hits 3- week high vs yen after mostly upbeat China data. TOKYO, July 15- Asian shares extended gains to nine-month highs on Friday, on track for a solid weekly rise, as better-than-expected economic data from China lifted risk sentiment that was already buoyant after record highs on Wall Street. Financial bookmakers at IG and CMC Markets expected...

  • TOKYO, July 15- Japan's Nikkei share average rose to a five-week high on Friday and was on track for a fifth day of gains, lifted by a continuing record run on Wall Street and a sagging yen. "Upbeat U.S. stocks and the yen's weakening are continuing to push the Nikkei higher," said Masahiro Ichikawa, a senior strategist at Sumitomo Mitsui Asset Management in Tokyo.

  • *News of truck attack in France bolsters safe-haven yen. TOKYO, July 15- Asian shares rose to eight-month highs on Friday, on track for solid weekly gains, as record highs on Wall Street offset the impact on sentiment of an attack in France that lifted the safe-haven yen. "I don't think that will have a big impact on the market today" in Asian trading, said Kaneo Ogino,...

  • TORONTO, July 14- Canada's main stock index rose to a fresh 11- month high on Thursday as heavyweight banking stocks benefited after U.S. bank JPMorgan Chase reported strong loan growth and rising oil prices boosted energy stocks. It was a second day of marginal gains for the Toronto Stock Exchange's S&P/TSX composite index, following two days of more forceful...

  • *Japan's Line Corp soars in U.S. market debut. NEW YORK, July 14- Financial stocks led the S&P 500 and the Dow industrials to record highs on Thursday after JPMorgan's strong quarterly results, while upbeat economic data cemented bets that the current rally on Wall Street can chug along. The bank's shares rose 1.5 percent to $64.12, while the S&P financial index rose...

  • New York- based BlackRock said on Thursday the revenue it takes in from fees for managing money and lending out securities fell 1.8 percent to $2.49 billion from the same period a year ago, even as the total assets it manages rose to nearly $5 trillion. On June 23, Britain's shock vote to leave the European Union briefly sent the financial markets into a tailspin.

  • Time to make big earnings bets?

    Goldman’s options research team reports that the cost of buying pre-earnings straddles is the lowest in 2 years. Dennis Davitt of Harvest Volatility Management and Erin Gibbs of S&P Global discuss what this means for investors with Brian Sullivan.

  • Buy puts to hedge against Trump?

    With the election just months away, should investors hedge against a Donald Trump victory? Dennis Davitt of Harvest Volatility Management and Erin Gibbs of S&P Global discuss election season strategies with Brian Sullivan.

  • Crude oil to $41?

    Crude oil has struggled to maintain its levels as of late, and Rich Ross of Evercore ISI sees crude falling.

  • *Bank of England unexpectedly holds rates, sterling leaps. NEW YORK, July 14- Two major U.S. stock indexes set fresh intraday record highs on Thursday on investors' rosy outlook for big banks' second-quarter earnings, while European shares also rose and oil prices rebounded from the previous session's bruising losses. The view that the U.S. economy is on solid...

  • *Yum rises on strength in key China business. *Japan's Line Corp soars in U.S. market debut. "We saw a significant beat from JPMorgan and that's helping the psychology of the market," said Art Hogan, chief market strategist at Wunderlich Securities in New York.