Earnings. It can be a well-planned circus-like event for many publicly traded companies and no matter the size or history with Wall Street. But in the aftermath of those thrills and chills, there are sometimes stronger opportunities to buy or sell short a more certain outcome as we'll explore in three Dow Jones stocks to trade right now.Amid the uncertainty of the novel coronavirus pandemic, political saber rattling abroad with China and an ever closer Presidential Election, one constant investors can be confident of is earnings season and its organized queue of corporate confessionals. How a quarterly report plays out is another matter entirely.Thus far, Q2 reports have turned in a beat rate of 76% with just over 1,500 companies topping estimates. Nearly 500 companies have also missed views. Headline results are also just the tip of the iceberg. What was the size of the beat or miss? How did it...
(Bloomberg) -- No one is welcoming the new army of Robinhood day-traders into the stock market more warmly than high-frequency trading firms.The speed traders -- or electronic market makers, if you prefer labels with less baggage -- pay online brokerages like Robinhood Financial for the opportunity to execute their clients’ buy and sell orders. Many of these come from what traditionally were called mom-and-pop traders, but these days they also likely include a large cohort of bored-stepson-living-in-mom’s-basement traders.It’s a practice known as “payment for order flow” and is not without controversy. Many critics suspect the reason these sophisticated firms actually pay brokerages to perform this chore for them is because their algorithms are champing at the bit to take advantage of those known in polite company as “uninformed investors” and in impolite company as “dumb money.”Whatever you call them, one thing is clear: The computer whizzes are willing to pay a...
(Bloomberg) -- The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.The tankers were transporting 1.116 million barrels of petroleum, which has now been confiscated after help from “foreign partners,” the Justice Department said in a statement Friday. It is not clear where the ships were at the time of the seizures because they had all turned off their satellite-tracking systems to avoid detection between May and July, according to data compiled by Bloomberg.“These actions represent the government’s largest-ever seizure of fuel shipments from Iran,” according to the DOJ statement, which said the Islamic Revolutionary Guard Corps, designated a foreign terrorist organization, was behind the shipment.The prospect of retaliatory action by Iran has the potential to disrupt oil markets if Iran interferes with international oil tankers transiting the Strait of...
The bullish case for cybersecurity provider Crowdstrike Holdings Inc (NASDAQ: CRWD) is based on the simple premise that the company's premium metrics deserve a premium valuation, according to UBS.The CrowdStrike Analyst: Fatima Boolani initiated coverage of CrowdStrike with a Buy rating and $120 price target.The CrowdStrike Thesis: CrowdStrike's advanced cloud-native and SaaS-based endpoint and workload security platform positions it to take advantage of secular trends, including work from home, cloud adoption and IoT device growth, Bollani said in an initiation note. (See her track record here.)The company's exposure to fast-growing segments should allow it to sustain a strong 40%-plus compounded annual revenue growth rate through 2022, the analyst said.Part of the growth could come from the company's success in expanding to adjacent markets like vulnerability and systems management, she said. Beyond revenue growth, CrowdStrike should show around eight points of annual operating margin improvement through fiscal 2023 to 10%, Boolani said.Over...
Back on June 30, I wrote about how Nikola (NASDAQ:NKLA) was grossly overvalued and a dangerous speculation. In less than two months since that story, the stock is down 36.3%. I still think NKLA stock, Tesla (NASDAQ:TSLA) stock and other electric vehicle stocks are caught in a market bubble.Source: Sheila Fitzgerald / Shutterstock.com I've repeatedly told investors to stay away from Tesla, Nikola and other EV stocks. At least stay away until the bubble deflates a bit more and the valuations come back down to earth.However, savvy investors can take advantage of a technique known as pair trading to buy Tesla today, even at its current ridiculous valuation.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What's Wrong With TSLA Stock At $1,400?TSLA stock has already taken a big hit since late July. The irrational exuberance for the stock seems to have started to fade. But Tesla still has a...
Record-breaking volatility in broader markets has created a wide range of winners and losers. Another phenomenon that regularly hits the headlines is the number of retail market participants trading on the online investing platform Robinhood. You can even think of the most popular shares on the site as top Robinhood stocks.Upon close inspection, you may note that the most popular 100 Robinhood stocks are an eclectic group. However, it may also be possible to combine them in different headings, such as tech stocks, stocks under $10, exchange-traded funds (ETFs), electric vehicle (EV) stocks, or travel and leisure stocks.Robinhood users are generally considered to be more tech-savvy than the typical equity investor. The platform has been heralded as making stock trading more accessible to regular and younger people. It has also affected how other trading platforms operate to an extent.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Cheap...
