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  • Apple Doesn't Deserve to Be Worth $1 Trillion, It Is Just an iPhone Company
    Technology
    The Street9 hours ago

    Apple Doesn't Deserve to Be Worth $1 Trillion, It Is Just an iPhone Company

    "Apple (AAPL) is still an iPhone company," says one of the more bearish Apple analysts on Wall Street.  It's hard to argue with what Pacific Crest analyst Andy Hargreaves penned in the wake of WWDC. Apple's new HomePad is kind of sexy to look at, as TheStreet's tech team points out. But, is it game-changing? Not exactly. The darn thing needed to have a screen at the very least like the one from Amazon (AMZN) . The Apple Watch is still the Apple Watch -- a product with so many holes in it. If anything, the coolest thing Apple divulged at WWDC was its iOs updates. Apple shares closed up slightly at $154.45. All of which brings investors to this point in time. Should Apple not dazzle with its iPhone

  • There Is Panic Slowly Building in the Stock Market -- Here Are the Signs You Need to Know
    Business
    The Street4 hours ago

    There Is Panic Slowly Building in the Stock Market -- Here Are the Signs You Need to Know

    It isn't panic, but a sense of concern has become evident in the stock market. The Volatility Index (VIX) is up over 7% this week, while gold is up about 6% over the past two weeks. Crude oil prices have reacted to renewed tensions in the Middle East and the SPDR S&P Metals and Mining ETF (XME)  looks like it may have formed a triple bottom on its chart. The way to position for, or to play a potential shift in investor sentiment, may be in the precious metal and the gold mining stocks. The weekly chart of the SPDR Gold Shares ETF ( GLD)  shows the fund breaking below a long term uptrend line in September in 2016 and dropping 17% into the end of the year. That low turned out to be the bottom of

  • Sears Is Going Down the Drain In Front of All Our Faces, But Tesla Sure Isn't
    News
    The Street3 hours ago

    Sears Is Going Down the Drain In Front of All Our Faces, But Tesla Sure Isn't

    Pay careful attention folks: Sears Holdings  (SHLD) is indicating to us all that it may have a very tragic ending at some point this year.  The dying department store chain is reportedly closing another 66 stores in a bid to cut costs and try to stay in business a little longer. In short, the company is signaling that its efforts to preserve cash aren't enough. And best believe that Sears needs cash, and incredibly fast, as TheStreet has reported at length recently.  "Sears' declining cash balance heightens its need to continue to source $2 billion of liquidity annually," David Silverman, Senior Director, U.S. Corporates at Fitch Ratings tells TheStreet. "The company's ability to continue to