U.S. stock futures are trading modestly higher this morning. Sentiment on Wall Street is being boosted by follow-through buying on Apple (NASDAQ:AAPL), which hit a $1 trillion market cap yesterday following earnings. However, there is some trepidation in the air ahead of today’s July non-farm payrolls report. Economists project that the U.S. economy added 194,000 new
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Unlike many low-priced stocks that surge on news, Naked Brands Group (NASDAQ:NAKD) has a large business. For the 12 months ending January 2018, Naked Brands racked up ~$90 million in revenues. Unfortunately, like all too many low-priced stocks, NAKD stock is likely to slump as the initial hype fades. In Wednesday’s trading, traders dumped NAKD stock,
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The author owns shares in AP Moeller-Maersk, CVS Health, Jardine Matheson, the PIMCO 15+ Year U.S. TIPS Index Fund and the SPDR Gold Trust.  The trend is your friend is an investment adage that is usually associated with short term traders, employing technical analysis or other momentum strategies. It can also apply to thematic investors seeking to
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After Pandora‘s (NYSE:P) second straight strong quarterly earnings report, more people on Wall Street are finally getting enthusiastic about Pandora stock. But P stock is poised to rise much further than even Wall Street’s bulls realize. As I’ve noted previously, Pandora has definitely hit on a winning formula for significantly expanding its paid subscriber base. Last
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CNBC’s Jim Cramer gives billionaire entrepreneur Elon Musk high marks for recognizing the need to apologize to the Tesla analysts he dissed three months ago. On Wednesday’s post-results conference call, Musk said, “My apologies for not being polite on the prior call.” The Tesla co-founder and CEO also promised future profitability, after the electric automaker
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Meal kit maker Blue Apron (NYSE:APRN) just reported second-quarter numbers, and they were nothing short of awful. While earnings did narrowly top expectations, revenue missed expectations and dropped a whopping 25% year-over-year. Worse yet, the number of customers using Blue Apron dropped 24% year-over-year, continuing what has been a multi-quarter bleed in customers ever since
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Share to facebook Share to twitter Share to linkedin These 26 funds are the lowest in cost for positions held three months.  Shutterstock Funds holding foreign securities haven’t done terribly well in recent years, but if you want to bet on a reversal of fortune, the exchange-traded funds in this table are the cheap way
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Ever since the death of Fitbit (NYSE:FIT), investors have been weary of wearables stocks. And with good reason. Fitbit served as lesson for the entire wearables space. Expectations were high that everyone and their best friend was going buy and own a Fitbit. But, that never happened. Instead, the wearables market transitioned from basic activity
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Share to facebook Share to twitter Share to linkedin Picture taken at the Petrobas refinary Presidente Bernardes, in Cubatao, Sao Paulo, Brazil, on May 28, 2018. (Photo credit Miguel Schincariol/AFP/Getty Images) Petroleo Brasileiro Petrobras (NYSE:PBR), the Brazilian integrated energy company, is slated to post its June quarter financial results before the market opens on 3rd
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President Donald Trump ran on a ticket of making America great again. While the consensus on that point is very much split, what’s not deniable is the markets’ response. Trump’s pro-business agenda was credited with sparking an impressive rally. With enthusiasm overshooting rationality, however, high-dividend stocks have become very attractive to investors. At first glance,
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Stocks are rolling over badly on Wednesday, reversing early session strength, as investors are spooked by headlines President Trump may increase the import tariffs on Chinese goods further as well as a hawkish statement from the Federal Reserve. Policymakers upgraded their assessment of the economy to “strong”, which raised fears of an accelerated rate hike
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