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S&P 500 Index Futures Trading Higher
Wednesday, June 10, 2015 - 10:42am | 163Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. S&P 500 index futures were trading higher by 15 points at 2095 in Wednesday's session. The rally that started in the pre-market session has continued into the regular session. So far the index has...
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Content Is King And Netflix Is Acquiring It
Tuesday, June 9, 2015 - 1:03pm | 258Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Netflix, Inc. (NASDAQ: NFLX) shares were trading higher by $18 (2.7 percent) at $645.23 in Tuesday's session. There are multiple potential catalysts for the explosive move to new all-time highs. The...
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Lululemon Sharply Higher After Stretching Full-Year Forecast
Tuesday, June 9, 2015 - 11:56am | 204Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Lululemon Athletica inc. (NASDAQ: LULU) shares were trading sharply higher by $3.78 at $65.30 in Tuesday's session. The catalyst for the rally is a Q1 beat for EPS ($0.34 vs. $0.33 estimates) and...
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S&P 500 Index Futures Attempt To End 3-Day Skid
Tuesday, June 9, 2015 - 11:01am | 198Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. S&P 500 index futures were trading lower by four points at 2074.25 in Tuesday's session. The index is poised to have its fourth losing day in a row for the first time since mid-January. The index has...
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Pandora Lower In Volatile Session
Monday, June 8, 2015 - 4:47pm | 146Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Pandora Media Inc (NYSE: P) shares ended Monday's session lower by $0.70 at $17.69. The issue has been volatile from various comments made at Apple's Worldwide Developers Conference. Off...
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Sears Shares Lower Despite Narrower Q1 Loss
Monday, June 8, 2015 - 1:01pm | 162Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Sears Holding Corp (NASDAQ: SHLD) shares were trading lower by $1.10 93 percent) at $39.64 in Monday's session. The beleaguered retailer posted a narrower than expected Q1 loss for EPS, but missed on...
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Tesla Charging Higher After Price Target Raise
Monday, June 8, 2015 - 11:55am | 149Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Tesla Motors Inc (NASDAQ: TSLA) shares were trading higher by $8.54 (3 percent) at $257.38 in Monday's session. The catalyst for the rally is comments from Baird analyst Ben Kallo, who reiterated an...
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S&P 500 Index Futures Trading Lower In Choppy Session
Monday, June 8, 2015 - 10:47am | 186Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. S&P 500 index futures were trading lower by four points at 2088.25 in Monday's session. After trading in the red for most of the pre-market session, it found resistance off the open just below Friday...
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Under Armour Shares At Highest Level In Over A Month
Friday, June 5, 2015 - 11:55am | 202Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Under Armour Inc (NYSE: UA) shares were trading sharply higher by $2.87 at $80.91 in Friday's session. The Street is siding with DA Davidson's analyst Andrew Burns, who upgraded shares from Neutral to...
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Technical Update: Gold Heading For The Lows Of The Move?
Friday, June 5, 2015 - 11:28am | 159Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Gold futures were trading lower by $6 at $1169.20 in Friday's session. In Thursday's session, it breached the lower end of its five-day trading range ($1180), falling to $1172.40 before recovering to...
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S&P 500 Index Futures Trading Lower In Volatile Session
Friday, June 5, 2015 - 11:08am | 171Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. S&P 500 index futures were trading lower by 7 points at 2094 in Friday's session. The index has recovered from a steep decline off the open that breached the major support at 2091.25, trading down to...
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Investors Disconnect From Verizon Shares
Thursday, June 4, 2015 - 3:02pm | 198Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Verizon Communications Inc. (NYSE: VZ) shares were trading lower by $0.90 (1.9 percent) at $48.18 in Thursday's session. Investors are taking note of JP Morgan's Phillip Cusick's...
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Longs Getting Jammed In JM Smucker
Thursday, June 4, 2015 - 2:54pm | 162Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. J M Smucker Co (NYSE: SJM) shares were trading lower by $4.60 at $113.59 in Thursday's session. The catalyst for the decline was a mixed Q4 report, a slight beat for EPS and sales. However, the Street is...
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Ambarella Bolts To New All-Time High After Q1 Beat
Wednesday, June 3, 2015 - 1:42pm | 204Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Ambarella Inc (NASDAQ: AMBA) share were trading higher by $4 at $96.21 in Wednesday's session. The catalyst for the strong rally is a Q1 beat for EPS and revenue. The beat has instigated a...
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Huge Call Buying Precedes Monster NQ Mobile Rally
Wednesday, June 3, 2015 - 11:44am | 239Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. NQ Mobile Inc (ADR) (NYSE: NQ) shares are trading higher by $0.52 at $5.06 in Wednesday's session. The issue has gained over 40 percent since closing at $3.56 on May 20. That was the day...