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Priceline Saw Strong Growth, But Guidance Was 'Conservative As Usual'
Thursday, May 5, 2016 - 10:15am | 297Priceline Group Inc (NASDAQ: PCLN) reported another quarter of strong performance, with stable take rates and robust growths across all key channels and geographies. Jefferies’ Brian Fitzgerald reiterated a Buy rating on the company, with a price target of $1,660. Another Strong Quarter...
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Fitbit's New Products, International Growth Has Citi Buying, But Stock Is Tumbling
Thursday, May 5, 2016 - 9:23am | 319Following Fitbit Inc (NYSE: FIT)'s beat on 1Q earnings release, the shares are down 12 percent, driven by the 2Q EPS guidance implying more back-end loaded seasonality. Citi’s Stanley Kovler reiterated a Buy rating on the company, with a price target of $30. Kovler mentioned that the 1Q EPS...
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The Time Is Right To Stick With Staples ETFs
Tuesday, May 3, 2016 - 9:10am | 502With the Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) up nearly 5 percent year-to-date and 6.4 percent over the past 90 days, there have been plenty of good times to be long the staples sector this year. However, with another bout of “sell in May and go away” potentially looming...
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Signs Traders Are Looking To Hedge In May With ETFs
Monday, May 2, 2016 - 1:16pm | 623Every year when May rolls around, investors hear plenty about selling in May and going away, but what about hedging in May? After all, there are scores of inverse and leveraged exchange-traded funds risk-tolerant traders can use to capture upside, assuming markets swoon in the second half of the...
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Best (And Worst) Sector ETFs For May
Monday, May 2, 2016 - 9:03am | 546Welcome to May. The fifth month of the year historically marks the beginning of the weakest six-month period for stocks. Hence the old adage “Sell in May and go away.” In the coming days, investors are likely to hear plenty about whether or not they should sell in May. Unfortunately,...
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How Did Retailers Fare In March?
Thursday, April 7, 2016 - 10:29am | 428U.S. retail March sales numbers have started to trickle out. Here’s a quick look at the March and Q1 numbers available so far. 9 Names Costco Wholesale Corporation (NASDAQ: COST) reported a 1.0 percent rise in same-store sales (SSS) (including gasoline and forex) in the United States, but a...
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Sector ETFs For March: The Meek Shall Inherit The Month
Thursday, March 3, 2016 - 9:28am | 515March is here and with the arrival of the third month of the year comes the start of what is, historically, the best two-month stretch year for stocks. That is right, the S&P 500's historical March/April performance slightly nudges the index's November/December showing. As is the case...
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How Much Are Americans Spending On Valentine's Day This Year?
Friday, February 12, 2016 - 1:39pm | 342A new study by Bankrate has shown that Americans are paying big bucks to celebrate their special someones this weekend. Bankrate created a Be My Valentine Index, which includes the going market prices for Valentine’s Day staples. Although Americans don’t spend nearly as much on...
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Examining The Predictive Power Of Small-Cap ETFs
Friday, January 8, 2016 - 9:14am | 537Followers of the January Effect believe that so goes January, so goes the year for stocks. Add to that, it is widely believed that small-cap stocks are supposed to do the leading in the first month of the year to validate the January Effect. There is some bad news on that front. The iShares Russell...
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Seasonality Says These Sector ETFs Could Work In October
Wednesday, September 30, 2015 - 3:50pm | 667To this point in Wednesday's session, stocks look to be finishing September in fine form, but even Wednesday's impressive rally will not be enough to erase the memory of what has been a dismal month for U.S. equities. September's reputation for being unkind to stocks was reaffirmed...