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Sears' Post-Earnings Move Shows Why Sentiment Can Matter More Than Earnings
Sunday, December 10, 2017 - 3:37pm | 428Read More...Things are finally returning to normal for Sears Holdings Corp (NASDAQ: SHLD), which popped 23 percent last week after reporting a $5.19 bottom-line loss. The stock waned below its pre-earnings rate to about $4.08, and on Monday, it neared all-time lows in the mid-$3s, but was back up around $4.40...
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Rotation, Rotation, Rotation: Value Is The New Tech
Tuesday, December 5, 2017 - 4:31pm | 922Read More...Tech just got wrecked, said Benzinga PreMarket Prep co-host Dennis Dick. Apple Inc. (NASDAQ: AAPL) “got hit hard.” NVIDIA Corporation (NASDAQ: NVDA), Amazon.com, Inc. (NASDAQ: AMZN), Applied Materials, Inc. (NASDAQ: AMAT) and Micron Technology, Inc. (NASDAQ: MU) — “...
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The Only High-Yield Dow Stock Making New Highs Is...
Tuesday, November 14, 2017 - 3:22pm | 505Read More...One of the highest-yielding dividend stocks in the Dow Jones Industrial Average continued its fall from grace this week when General Electric Company (NYSE: GE) cut its dividend in half and issued disappointing guidance numbers for 2018. With GE out of the picture, The Coca-Cola Co (NYSE: KO) may...
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What It's Like To Sell The Low In One Of The Worst Performing Stock
Wednesday, August 16, 2017 - 1:58pm | 383Read More...Think you’ve hit rock bottom? Dennis Dick, proprietary trader at Bright Trading LLC and co-host of Benzinga’s PreMarket Prep radio show, sold Snap Inc (NYSE: SNAP) at its nadir this week. Sensing the stock was “overdone” and expecting it to rebound from a then-low of $11.50...
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Why Are Viacom's Share Classes Trading So Far Apart?
Tuesday, August 15, 2017 - 10:45am | 830Read More...The two classes of Viacom stock, the Viacom, Inc. (NASDAQ: VIA) voting rights shares and the Viacom, Inc. (NASDAQ: VIAB) non-voting shares, once traded almost completely in tandem, but they have drifted apart in valuation over the past 15 years. In the past week, that divergence has been a bit more...
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You Wanted Dillard's Because Of The Real Estate? Here It Is
Thursday, August 10, 2017 - 11:46am | 675Read More...Retail stocks are getting the beats Thursday after three big-box retailers' second-quarter earnings. Despite exceeding Wall Street's estimates for EPS and revenue, Macy's Inc (NYSE: M) and Kohl's Corporation (NYSE: KSS) are down 5 and 9 percent respectively despite initially popping...
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Explaining The Price Discrepancy Between Viacom's Share Classes
Tuesday, August 8, 2017 - 2:23pm | 666Read More...Google parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) has had another strong year thus far into 2017, and its stock is up roughly 20 percent to around $946. Or is it? The shares that trade under the ticker GOOG are also up about 20 percent year to date, but trade at just $928 per share...
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Snap's Whipsaw Trading Action Following First Major Lock-Up Expiration
Tuesday, August 1, 2017 - 1:47pm | 557Read More...Snap Inc (NYSE: SNAP) traders expecting volatility surrounding the beginning of a massive lock-up expiration period Monday were not disappointed, as the stock whipsawed up and down throughout the session. However, Snap bulls hoping that the lockup would mark the bottom for Snap stock haven’t...
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For Growth Stocks, Valuation Doesn't Matter... Until It Does
Sunday, July 16, 2017 - 1:20pm | 545Read More...The debate between growth investors and value investors has been raging for decades, and the gap between growth stocks and value stocks is still as wide as ever. Over the years, plenty of stocks have made the transition from growth stocks to value stocks, but it’s a transition that is often...
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How To Profit From Expired Out-Of-The-Money Options
Tuesday, July 11, 2017 - 8:33am | 557Read More...For Tesla Inc (NASDAQ: TSLA) option traders, last week’s market close provided a lesson in why options traders shouldn’t necessarily call it a day when the options market closes at 4 p.m. on Friday. On Monday morning’s PreMarket Prep host Dennis Dick explained why Friday’s...
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Are Short Sellers Really 'Icky And Un-American'?
Sunday, July 2, 2017 - 6:00pm | 715Read More...Last week, NYSE president Tom Farley took a personal shot at short sellers when calling for new rules to require them to publicly reveal their positions. Short sellers profit when share prices fall, but they are not currently required to disclose their bearish bets, allowing them to operate mostly...
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S&P Companies Spending 18% Less On Buybacks, But What Does It Mean For Investors?
Thursday, June 22, 2017 - 2:05pm | 470Read More...S&P 500 companies are buying back fewer shares of stock, a phenomenon that could have mixed implications for investors. S&P 500 stock buybacks declined by 17.5 percent in the first quarter of 2017 compared to a year ago, according to a new report by S&P Global. In the first three months...
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Snap Underwriters Successfully Defend $17 For Third Day In A Row
Tuesday, June 20, 2017 - 11:14am | 534Read More...In the past couple of trading sessions, Snap Inc (NYSE: SNAP) has faced a major test of a critical technical support level and has held its ground. Last Thursday and Friday and again Monday, Snap shares dipped as low as $17.00, but each day the stock closed at or above the key $17.00 level. While...
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Bitcoin, Bitcoin, Bitcoin: Why Some Buy And Some Don't
Friday, May 26, 2017 - 11:36am | 854Read More...Amid the hype of the WannaCry scare, which catalyzed a 43-percent pop in bitcoin value, the cryptocurrency is all anyone’s talking about. In the last two months, it has more than tripled in price, from $925.20 on March 24 to $2,791.70 May 25. Wednesday’s rate was more than double that...
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The Market's Muted Reaction To The Manchester Terrorist Attack
Thursday, May 25, 2017 - 10:54am | 933Read More...When explosions rocked the Manchester concert hall hosting Ariana Grande Monday night, fight or flight instincts kicked in. Bystanders screamed, ran, panicked. The global community cried out in fear and empathy. Reactions made sense. But there was no logic to the response on Wall Street, which...
















