Investors are hoping for rate cuts, and inflation numbers are the key events to watch this week.
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Sydney Sweeney Fuels Options Frenzy in American Eagle
Sydney Sweeney’s new ads powered a historic rally in American Eagle Outfitters, and options traders are jumping into the action.
Consumer Stocks Get a Boost from Amazon Prime Day, Plus Reopening and the Start of Summer
Amazon Prime Day set records again this month, and more companies than just Amazon.com could benefit. Sales were estimated at $11 billion, up from $10.4 billion last year. Excitement around the event lifted AMZN back above $3,500 for the first time since April. It...
A Weak End to a Strong Season: Earnings This Week
A good earnings season ended on a weak note, thanks to dinosaur consumer stocks. Traditional retailers and food stocks are down sharply as changes in the ecosystem continue to weigh on sentiment. Some beat estimates, others missed. Either way, investors looked for...
Market Action Summary: 8/27/18
Click here to register for the webinar, which begins at 4:30 p.m. ET. S&P 500 overview Few bearish signals after triangle breakout. Lack of correlations, inter-market warning flags. Sectors bullish as investors rotate into risk-on areas like XLB, EEM. News...