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It Looks Like Somebody Is Slowly Accumulating A Massive Stake In CSX
Thursday, January 19, 2017 - 11:14am | 755Read More...Traders watching CSX Corporation (NASDAQ: CSX) in Wednesday’s after-hours session and Thursday’s premarket have been in for a crazy ride. Shares of the railroad company are up more than 20 percent to $43 Thursday morning, and the dramatic overnight move has many scratching their...
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What The Equity Expansion Of NYSE Floor Could Mean For Traders
Friday, January 13, 2017 - 12:20pm | 560Read More...Reuters reported on Wednesday the NYSE's plan to expand floor trading in the exchange to include all 8,600 U.S. equities by the end of 2017. The initiative to introduce over 5,000 previously excluded securities not displayed on the exchange's Big Board is aimed at increasing volume while...
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How You Should Approach The Move In EnteroMedics
Tuesday, January 10, 2017 - 4:25pm | 544Read More...EnteroMedics Inc (NASDAQ: ETRM) is logging another huge 50 percent gain on Tuesday, reading as high as $30.41 on the day. PreMarket Prep hosts Joel Elconin and Dennis Dick discussed the microcap medical devices stock on Tuesday morning’s show. EnteroMedics shares are now up a staggering 1,320...
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Don't Be Surprised If NVIDIA Closes Higher Today
Thursday, December 29, 2016 - 3:19pm | 631Read More...After hitting a new all-time high of $119.93 on Wednesday, shares of NVIDIA Corporation (NASDAQ: NVDA) began a strong sell-off, closing the day at $109.28. The reason for Wednesday's sell-off was attributed to a Tweet by Citron Research's Andrew Left, who suggested that the stock's...
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Dow 20K - It's All In Your Mind
Wednesday, December 21, 2016 - 3:50pm | 476Read More...Despite the approach of Christmas Day, the beginning of Hanukkah and the start of a new year, some investors are finding joy and excitement elsewhere: the Dow Jones Industrial Average. However, there are those who aren't in the same spirit, wondering what exactly is the true meaning of Dow 20...
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Is This The End Of The Rally In Financials?
Wednesday, December 14, 2016 - 11:25am | 454Read More...The Dow Jones Industrial Average could very well hit the 20,000 miles-tone on Wednesday, which naturally poses the question of whether it is time for stocks across all sectors to take a breather. During Tuesday's edition of Benzinga's PreMarket Prep, Joel Elconin and Dennis Dick examined financial...
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Why Oil Investors Should Keep The OPEC Deal In Perspective
Thursday, December 1, 2016 - 11:25am | 379Read More...PreMarket Prep hosts Joel Elconin and Dennis Dick discussed the real impact that the OPEC production cut deal will have on oil stocks. According to Dick, WTI’s 9 percent jump to nearly $50 isn’t really cause for celebration for many of the higher-cost oil producers. “A lot of...
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The Trump Market Is Killing A Couple Of Popular Trading Strategies
Sunday, November 13, 2016 - 4:15pm | 560Read More...The S&P 500 has been surprisingly stable following the shocking election of Donald Trump on Tuesday. Despite the overall stability, Trump’s election has certainly had an impact on a number of traders. International stocks, hospital stocks, gun stocks and gold stocks have been hammered...
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L Brands Guidance Cut Could Be Bad Omen For Retail Stocks Ahead Of Holiday Season
Tuesday, November 1, 2016 - 3:48pm | 463Read More...L Brands Inc (NYSE: LB) shares are tumbling 8.3 percent on Tuesday following negative commentary from management and a 2016 full-year guidance cut. Following Tuesday’s drop, shares of the battered retailer are now down 31.1 percent in 2016. PreMarket Prep hosts Joel Elconin and Dennis Dick...
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The Election Can't Come Soon Enough For Biotechs
Tuesday, November 1, 2016 - 10:39am | 666Read More...At first glance, the FBI's decision to take a second look into the Hillary Clinton email investigation appeared to benefit the biotech sector given her limiting drug price increases rhetoric. However, soon the trend reversed and the opposite has happened. Biotech stocks took a beating last week as...
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Two-Day Trading And Investing Workshop Coming To Detroit
Tuesday, November 1, 2016 - 7:37am | 308Read More...Today's markets can be confusing and frustrating. Between the shenanigans of high frequency traders, an indecisive Federal Reserve, and an upcoming presidential election, short- and long-term investing can be very difficult. Luckily, Benzinga offers its own pre-market show (PreMarket Prep)...
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Cabela's Trading At A 'Pretty Big Discount' To Bass Pro's Take-Out Price
Monday, October 3, 2016 - 12:40pm | 388Read More...Shares of Cabelas Inc (NYSE: CAB) are surging more than 14.5 percent after Bass Pro Shops announced a $5.5 billion buyout of its retail competitor. The privately-held Bass Pro Shops will be paying $65.50 per share in cash for Cabelas. On Monday’s PreMarket Prep, Dennis Dick discussed the...
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The Most Annoying Thing About XLF's Real Estate Spinoff
Monday, September 19, 2016 - 1:30pm | 422Read More...The Financial Select Sector SPDR Fund (NYSE: XLF) is a bit leaner on Monday following a transfer of its real estate assets into the Real Estate Select Sector SPDR Fund (The) (NYSE: XLRE). Back in June, the S&P Dow Jones Indices (SPDJI) announced that the XLF’s benchmark, the Financial...
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What Are Opening-Only Orders?
Friday, September 16, 2016 - 12:04pm | 512Read More...Dennis Dick, co-host of Benzinga's Premarket Prep, shared a popular day-trading strategy he uses that involves opening-only orders. Dick quickly pointed out that the use of this strategy isn't limited to traders with sophisticated trading platforms, and it is available on most retail brokerage...
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Are We In A Random Walk Market?
Tuesday, September 13, 2016 - 1:11pm | 417Read More..."A Random Walk Down Wall Street" is an influential stock market and investing related book written by Burton Malkiel, a leading economist, professor and former director of the Vanguard group and trustee of Vanguard Mutual funds. Malkiel's book created the random walk theory, which argues that prior...
















