Dennis Dick

The week of Oct. 17 is one of the busiest weeks for publicly traded companies reporting quarterly earnings. Several of the largest and most well-known companies — Johnson & Johnson (NYSE: JNJ), Goldman Sachs (NYSE: GS), Lockheed Martin (NYSE: LMT), Hasbro Inc. (NASDAQ: HAS),...

On days like this (Tuesday), which got off to a bad start on Monday after the close with Walmart Inc.'s (NYSE: WMT) rare guidance cut, there are still stocks that will move higher. Of course, an issue will need a positive catalyst to do so and NXP Semiconductors NV (NASDAQ: NXPI) did...

A specific trade setup was discussed for Alibaba Group Holding Ltd (NYSE: BABA) during Thursday’s "PreMarket Prep" broadcast based on bullish comments from a Bank Of America analyst regarding Chinese stocks.  The price action in the issue based on the setup makes it the...

GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) traders at the epicenter of the meme stock trading frenzy in 2021 could get a big update this week on the way brokers like Robinhood Markets Inc (NASDAQ: HOOD) are allowed to run their businesses. On Wednesday, U.S....

This week, the S&P 500 will get three brand new members as part of the index's regular rebalancing. What Happened? S&P Global Inc. (NYSE: SPGI) has announced the following three stocks will be joining the S&P 500 this month: VICI Properties Inc. (NYSE: VICI) Keurig Dr Pepper...

As growth stocks continue to implode, comparisons are being made to the dot-com bubble in which numerous internet stocks collapsed following exponential price appreciation leading into the turn of the century. One trader has even gone as far as saying this time feels worse.  "Some of...

Last summer, Benzinga PreMarket Prep, co-host Dennis Dick discussed why the idea that naked short sellers are behind the high short interest in stocks like AMC Entertainment Holdings Inc (NYSE: AMC)  and GameStop Corp. (NYSE: GME) is a completely false social media narrative. “The...

Cathie Wood's investment strategy deserves some attention. Not because it should be modeled, but because investors can learn from the Ark Invest CEO's mistakes and hope to avoid falling into the same traps. What To Know: Wood's flagship fund, the ARK Innovation ETF (NYSE: ARKK),...

Shares of Robinhood Markets Inc (NASDAQ: HOOD) soared 24.2% on Tuesday after the popular stock trading app announced an extension of trading hours for customers by an additional 6.5 hours per day. What Happened? Robinhood's huge stock gain was its single biggest one-day move since it...

In the first quarter of 2021, AMC Entertainment Holdings Inc (NYSE: AMC) became one of the most popular meme stock investments in the market. A year later, the movie theater chain's rebound from the pandemic hasn't gone as well as investors had hoped, and the company's latest decision...

On Thursday, a SPAC deal was announced to bring a new social media platform and other businesses from former President Donald Trump to the public markets. The SPAC Deal: Trump Media & Technology Group is merging with Digital World Acquisition (NASDAQ: DWAC) in a deal valuing the company at $875...

One of the most surprising consequences of the COVID-19 pandemic has been the flood of younger retail investors buying stocks, and Robinhood Markets Inc (NASDAQ: HOOD) has been at the epicenter of the boom. Robinhood Generation: In its recent IPO filings, Robinhood disclosed that its number of...

Popular retail investor stock ContextLogic Inc (NASDAQ: WISH) saw shares drop on its second-quarter financial results. What Happened: ContextLogic reported second-quarter revenue of $656 million, down 6% year-over-year. The revenue total missed a Street estimate of $723 million. The company’s...

After a year of Robinhood Markets Inc (NASDAQ: HOOD) users being associated with extreme moves in so-called meme stocks, Robinhood shares themselves have now officially entered into meme stock territory. What Happened: In the past two days, shares of Robinhood have skyrocketed 95.3% without...

Social media meme stocks GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) took a beating this week, with GameStop on track to finish the week down 9% and AMC set to lose 20.9% in Friday afternoon trading. DataTrek Research co-founder Nicholas Colas said this week there...