Why Merrill Lynch Is Telling Equity Investors to Lighten Up and Take Some Profits

Posted: July 11, 2017 at 4:28 pm

The bull market is now well over 8 years old. Some investors have grown worried that no major policy changes have come out of Washington D.C. since President Trump took office. ...
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Tuesday’s Biggest Winners and Losers in the S&P 500

Posted: July 11, 2017 at 4:17 pm

July 11, 2017: The S&P 500 closed down 0.08% at 2,425.54. The DJIA remained flat at 21,409.96. Separately, the Nasdaq closed up 0.3% at 6,193.30. Tuesday was a relatively volatile ...
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Rite Aid, Verizon Tumble into Tuesday’s 52-Week Low Club

Posted: July 11, 2017 at 4:04 pm

July 11, 2017: Here are four stocks trading with heavy volume among 116 equities making new 52-week lows in Tuesday's session. On the NYSE, advancers led decliners by about 8 ...
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General Electric, Boeing Hold DJIA Higher Tuesday

Posted: July 11, 2017 at 4:01 pm

July 11, 2017: Markets opened nearly flat Tuesday as investors wait to hear what Fed Chairwoman Janet Yellen has to say tomorrow to the House Financial Services Committee. Tech and ...
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More Trouble for Housing and Homebuilders Ahead

Posted: July 11, 2017 at 3:19 pm

Interest rates remain relatively low for homebuyers in need of a mortgage. Still, many local housing markets have experienced at least some buyer exhaustion and some trends feel like they ...
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EIA Forecasts Lower 2017 Gasoline Pump Prices

Posted: July 11, 2017 at 2:29 pm

The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short Term Energy Outlook (STEO). The EIA is forecasting an average U.S. pump price for 2017 ...
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9 American Businesses That Amazon and Jeff Bezos Will Never Target

Posted: July 11, 2017 at 2:00 pm

It is no secret that Amazon Prime Day is a big deal in retail. It may not be a new Valentine's Day, but it is certainly yet another non-Amazon retail ...
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PetIQ Announces Potential Pricing for IPO

Posted: July 11, 2017 at 1:20 pm

PetIQ has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 5.67 million shares ...
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As Background Gun Checks Tumble, Gun Stocks Plunge 10% Since Mid-June

Posted: July 11, 2017 at 1:15 pm

According to the latest report from the National Instant Criminal Background Check System (NICS), FBI background checks for potential new gun owners are down nearly 9% year over year for ...
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Meet Jefferies Top 12 Picks in the Roaring Biotech Industry

Posted: July 11, 2017 at 12:10 pm

The biotech industry has made a splash in 2017, outperforming practically all the broad markets. With this incredible display, it's no wonder that investor interest in this particular industry has ...
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Why Snap’s Value Could Be Headed Even Lower

Posted: July 11, 2017 at 11:10 am

Snap Inc. (NYSE: SNAP) shares continued on their long way down, hitting a post-IPO low in Tuesday’s session. This camera app company has been the subject of much controversy in ...
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Amazon Prime Day: Black Friday in July?

Posted: July 11, 2017 at 10:55 am

While the run-up to Amazon.com Inc.'s (NASDAQ: AMZN) Prime Day isn't the month-long marketing marathon that Black Friday has become, the company began pushing the promotion in late June. Other ...
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Gun Background Checks Down Sharply This Year

Posted: July 11, 2017 at 10:51 am

The pace of FBI firearm background checks so far this year is down drastically, by about 9%, from 2016. Through June 30, the FBI has performed 1.2 million fewer firearm ...
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Why Arena Pharmaceuticals Is Knocking It Out of the Park

Posted: July 11, 2017 at 10:50 am

Shares of Arena Pharmaceuticals Inc. (NASDAQ: ARNA) saw an incredible gain early Tuesday after the company reported positive results from its mid-stage trial in patients with pulmonary arterial hypertension (PAH). ...
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Why One Analyst Sees Blue Apron Shareholders Losing Another 75% in Value

Posted: July 11, 2017 at 10:40 am

The days after the initial public offering of Blue Apron Holdings Inc. (NYSE: APRN) have been painful ones for those investors who believe in the company's future. In fact, Blue ...
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