Content
All Posts > Content under Stocks / Equities
Markets Sink After Powell Presser; Big Earnings Post-Bell
Article By:
Mark Vickery
Read
Wednesday, May 1, 2024 10:10 PM EDT
Markets surged today on Fed Chair Jerome Powell’s press conference, but markets could not hold those levels, and stocks fell to session lows by the closing bell on the S&P 500 and Nasdaq.
Implied Volatility Crush Sends Stocks Higher As Usual During The Fed Announcement
Article By:
Michael J. Kramer
Read
Wednesday, May 1, 2024 9:10 PM EDT
Takeaway today seems to be that the Fed has no idea when it will be able to cut rates. Powell seems hopeful the policy will be tight enough to bring inflation back to target. If the market helps him and tightens financial conditions, it may be.
Nasdaq 100 & S&P 500 Elliott Wave Update - Wed, May 1
Video By:
Michael Filighera
Watch
Wednesday, May 1, 2024 8:50 PM EDT
Wild and crazy day to say the least! Both the ES and NQ gave a nod and a push towards both the "A" and "B" versions of the preferred count(s). Neither came out the winner and I again am not handing out the winning ticket.
Tesla Is Scaling Back Superchargers, Rescinding Offers, Firing More Workers
Article By:
Mish Shedlock
Read
Wednesday, May 1, 2024 8:30 PM EDT
Musk prepares for growth by firing 10 percent of the staff, halting construction of gigafactories, laying off the entire supercharger team, scaling back, supercharger deployment, and even rescinding offers to interns.
In this article: TSLA
Investors Should Be Glad About Gladstone Capital’s 9% Yield
Article By:
Marc Lichtenfeld
Read
Wednesday, May 1, 2024 7:10 PM EDT
Gladstone Capital is a business development company (BDC) that has invested more than $2.5 billion in over 260 deals since it was founded in 2001.
In this article: GLAD
Large "Inverse Hammers" Kill Rally In Indices May 01, 2024
Article By:
Declan Fallon
Read
Wednesday, May 1, 2024 6:18 PM EDT
Today was not a great day for bulls; what looked promising for all indices intraday, was cooked by the close. The percentage loss for the day was not the issue, it was the intraday spread that caused the problem.
EBay Took A 23% Hit To Net Income In Its Fiscal Q1
Article By:
Wajeeh Khan
Read
Wednesday, May 1, 2024 5:24 PM EDT
eBay Inc (EBAY) is in the red in extended hours today even though it came in ahead of Street estimates for its fiscal Q1. The stock is taking a hit primarily because the management failed to impress with its guidance.
In this article: EBAY
Leaving Penn Station
Article By:
Tim Knight
Read
Wednesday, May 1, 2024 5:13 PM EDT
Here’s Penn Entertainment (PENN) featuring the sparkling and zesty Dave Portnoy. This stock has destroyed about 90% of shareholder value since it peaked three years ago. I’m sure there’s more to come!
In this article: PENN
Starbucks On Brink Of Worst Crash Since Dot Com After "Stunning" Earnings Miss
Article By:
Tyler Durden
Read
Wednesday, May 1, 2024 5:02 PM EDT
Starbucks shares plummeted by 16% during the early cash session, approaching the -16.2% level last seen during the Covid crash.
In this article: SBUX
Stocks And Precious Metals Charts - From Enemy Occupied Territory
Article By:
Jesse's Cafe Americain
Read
Wednesday, May 1, 2024 4:51 PM EDT
Stocks lost their moonshot in the last hour and dumped back all the way to unchanged with a vengeance. Gold and silver managed to hold on to some of their gains, but were well off their highs.
CVS Is Sick
Article By:
Tim Knight
Read
Wednesday, May 1, 2024 3:01 PM EDT
One would figure the nation’s biggest pharmacy would be a safe, conservative investment. Nope. CVS has lost about HALF its value in just two years.
In this article: CVS
ETFs To Buy As Eli Lilly Beats Q1 Earnings, Lifts Outlook
Article By:
Sweta Killa
Read
Wednesday, May 1, 2024 1:55 PM EDT
Eli Lilly and Company posted mixed first-quarter 2024 earnings, beating earnings estimates but lagging on revenues. Investors seeking to tap the opportune moment could bet on ETFs having the largest exposure to the drugmaker.