In trading on Friday, shares of Caleres Inc (Symbol: CAL) crossed below their 200 day moving average of $12.69, changing hands as low as $12.17 per share. Caleres Inc shares are currently trading off about 14.4% on the day. The chart below shows the one year performance of CAL
In trading on Friday, shares of Caleres Inc (Symbol: CAL) crossed below their 200 day moving average of $12.69, changing hands as low as $12.17 per share. Caleres Inc shares are currently trading off about 14.4% on the day. The chart below shows the one year performance of CAL
In trading on Friday, shares of Newmont Corp (Symbol: NEM) crossed below their 200 day moving average of $101.01, changing hands as low as $100.58 per share. Newmont Corp shares are currently trading off about 7% on the day. The chart below shows the one year performance of NE
In trading on Friday, shares of Newmont Corp (Symbol: NEM) crossed below their 200 day moving average of $101.01, changing hands as low as $100.58 per share. Newmont Corp shares are currently trading off about 7% on the day. The chart below shows the one year performance of NE
In trading on Friday, shares of BlackRock MuniHoldings Fund (Symbol: MHD) crossed below their 200 day moving average of $11.68, changing hands as low as $11.63 per share. BlackRock MuniHoldings Fund shares are currently trading off about 0.5% on the day. The chart below shows
In trading on Friday, shares of BlackRock MuniHoldings Fund (Symbol: MHD) crossed below their 200 day moving average of $11.68, changing hands as low as $11.63 per share. BlackRock MuniHoldings Fund shares are currently trading off about 0.5% on the day. The chart below shows
In trading on Friday, shares of Barrick Mining Corp (Symbol: B) crossed below their 200 day moving average of $39.87, changing hands as low as $39.38 per share. Barrick Mining Corp shares are currently trading off about 8% on the day. The chart below shows the one year perform
In trading on Friday, shares of Barrick Mining Corp (Symbol: B) crossed below their 200 day moving average of $39.87, changing hands as low as $39.38 per share. Barrick Mining Corp shares are currently trading off about 8% on the day. The chart below shows the one year perform
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive.
In trading on Friday, shares of Aura Minerals Inc (Symbol: AUGO) entered into oversold territory, changing hands as low as $60.32 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
In trading on Friday, shares of Aura Minerals Inc (Symbol: AUGO) entered into oversold territory, changing hands as low as $60.32 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
Craig Boliver/iStock Editorial via Getty Images Let's start where it counts. SpaceX aka Space Exploration Technologies Corp. ( SPCX ) is the next Tesla ( TSLA ). Wait, no, SpaceX is Tesla! But let's not get ahead of ourselves. In other words, the stock market's valuation laws don't apply here. Now that you've accepted that, let's get on to analyzing the potential IPO dynamics and how these relate ...
Craig Boliver/iStock Editorial via Getty Images Let's start where it counts. SpaceX aka Space Exploration Technologies Corp. ( SPCX ) is the next Tesla ( TSLA ). Wait, no, SpaceX is Tesla! But let's not get ahead of ourselves. In other words, the stock market's valuation laws don't apply here. Now that you've accepted that, let's get on to analyzing the potential IPO dynamics and how these relate to SpaceX's fundamentals. Because, at the end of the day, whatever you think about the valuation of the company, this is a remarkable business, and a rare CEO. I don't agree with Elon Musk on everything (no one needs $1T in net worth, and net worth is not a leaderboard), but I believe his vision, skill, and brute wisdom should be protected. Investors in his companies want him commanding the ship, and so they should. As I write this, the SpaceX IPO already has more demand than supply of shares, according to certain news outlets . This makes the $135 per share offering look like a scarcity trade, but it doesn't change the innate intrinsic value. The aftermarket is dangerous here. Personally, I'll be watching and analyzing from the sidelines. I won't rush an entry, though I recognize that SpaceX could be one of the anomalies and be the largest IPO ever that also ascends straight after IPO, rather than hits the common post-IPO melt-down . Jay Ritter Data on IPOs (Sample excludes sub-$5, unit, SPAC, ADR, REIT, CEF, resource LP, bank/S&L, small best-efforts, and non-CRSP IPOs) (Avg One-Year Return is measured from the first closing market price) (Author's Chart) Starlink’s Cost-Per-Bit Curve SpaceX's strongest competitive advantage is its closed-loop economics between reusable launch and Starlink . The company sells access to orbit, but it also uses its own launch capability to build and refresh the world's largest satellite broadband network (its very own Starlink). SpaceX expects its V3/Starship upgrade to deliver more than 20x the bandwidth per launch versus V2 satellites laun...
Stock in global air carrier American Airlines Group (NASDAQ:AAL) closed Friday at $13.50, up 1.50%, as commentary highlighted growth potential behind the fuel-driven profitability pressures. Trading volume reached 105.7 million shares, coming in about 75% above its three-month average of 67.4 million shares. American Airlines Group IPO'd in 2005 and has fallen 36% since going public. The S&P 500 (...
Stock in global air carrier American Airlines Group (NASDAQ:AAL) closed Friday at $13.50, up 1.50%, as commentary highlighted growth potential behind the fuel-driven profitability pressures. Trading volume reached 105.7 million shares, coming in about 75% above its three-month average of 67.4 million shares. American Airlines Group IPO'd in 2005 and has fallen 36% since going public. The S&P 500 (SNPINDEX: ^GSPC) fell 2.64% to 7,384, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) dropped 4.18% to 25,709. Among airline stocks , Delta Air Lines (NYSE:DAL) closed down 0.11% at $79.42, and United Airlines (NASDAQ:UAL) finished up 0.75% at $105.73, reflecting mixed moves across industry peers. Continue reading
Kateryna Borodina/iStock via Getty Images Additional data from a phase 2 study of Zealand Pharma's ( ZLDPF ) petrelintide indicated that the amylin analog led to significant weight loss over 42 weeks of treatment. Active-arm participants in the placebo-controlled ZUPREME-1 trial had mean reductions in weight from baseline to week 42 of up to 10.7% vs. 1.7% for placebo. Other benefits were seen wit...
Kateryna Borodina/iStock via Getty Images Additional data from a phase 2 study of Zealand Pharma's ( ZLDPF ) petrelintide indicated that the amylin analog led to significant weight loss over 42 weeks of treatment. Active-arm participants in the placebo-controlled ZUPREME-1 trial had mean reductions in weight from baseline to week 42 of up to 10.7% vs. 1.7% for placebo. Other benefits were seen with petrelintide compared to placebo, including reduction in waist circumference and decline in triglyceride levels. Zealand and development partner Roche ( RHHBY ) previously said they would advance petrelintide into phase 3 in the second half of the year. Novo Nordisk ( NVO ) and Eli Lilly ( LLY ), the two heavyweights in the obesity space, are also developing their own amylin analogues. Awaiting a decision from the FDA later this year, Novo has CagriSema, a combination of semaglutide, the active ingredient in Wegovy, and cagrilintide. Lilly has eloralintide in phase 3. More on Zealand Pharma Zealand Pharma A/S 2026 Q1 - Results - Earnings Call Presentation Zealand Pharma A/S (ZLDPY) Q1 2026 Earnings Call Transcript Historical earnings data for Zealand Pharma A/S Financial information for Zealand Pharma A/S
mediaphotos/iStock via Getty Images I am a long-only trader. I focus heavily on small-cap emerging technology stocks and have built a high-beta portfolio designed to outpace the S&P 500 ( SPY ) by roughly 300%. But high beta cuts both ways — when the market drops, it hurts. Because of this, I track SPY macro sentiment to determine when to keep my foot on the accelerator and when to move to cash. I...
mediaphotos/iStock via Getty Images I am a long-only trader. I focus heavily on small-cap emerging technology stocks and have built a high-beta portfolio designed to outpace the S&P 500 ( SPY ) by roughly 300%. But high beta cuts both ways — when the market drops, it hurts. Because of this, I track SPY macro sentiment to determine when to keep my foot on the accelerator and when to move to cash. I do have multiple long positions in the S&P 500, detailed below. I follow sentiment to let me know how to adjust my small cap investing. In a pullback, I want to move some money to cash and avoid large drawdowns and pivot into sectors more in line with the themes causing the pullback. On the other hand, when trading the SPY, I never intend to sell; I just keep adding on every dip. The argument for being a perma-bull, like me, is clear; being anything else seems counterintuitive. The DJIA was the first index, and if we look at its history, it shows the foundation for my views DJIA Long Term (Author) The DJIA hit its all-time low in 1896, three months after its inception, and has never tested that low again. Not even the Great Depression of the 1930s, the largest pullback on the chart, made a new low. The bull market has existed as long as the indices have. You can see a dip for the First World War (1914-1918), a slightly larger dip for the Second World War (1939-1945). A flat line for the oil crisis of the 1970s and the last significant pullback was the 2008 credit crunch. It is very difficult to see the Covid pullback (2019) or any of the wars we have seen since WWII. Apart from the early 30’s and the great depression, it is very difficult to describe any other pullback as anything other than a blip. The chart has been on an inexorable march higher, and so far, nothing has turned it around. Assuming a major pullback is approaching flies in the face of +100 years of history, so I just keep buying, and the policy continues to serve me well. However, I would not have wanted to...
Minnesota Mob Blindness: St. Paul Prosecutor Drops All Charges Against City Church Demonstrators Authored by Jonathan Turley via JonathanTurley.org , Minnesotans are familiar with the perils of "snow blindness," a temporary blindness caused by overexposure to ultraviolet rays from the reflection from snow and ice. It appears that Minnesota politicians and prosecutors have a type of mob blindness, ...
Minnesota Mob Blindness: St. Paul Prosecutor Drops All Charges Against City Church Demonstrators Authored by Jonathan Turley via JonathanTurley.org , Minnesotans are familiar with the perils of "snow blindness," a temporary blindness caused by overexposure to ultraviolet rays from the reflection from snow and ice. It appears that Minnesota politicians and prosecutors have a type of mob blindness, where they cannot see crimes committed in front of them by the far left. That condition appears to be tragically evident in St. Paul, where City Attorney Irene Kao made an absurd denial of any criminal activity at the demonstration in the City Church on Jan. 18th. While claiming that there were no observable crimes, Kao's decision just happened to be enormously popular with the mob-driven politics and polling in her state. In January, dozens of anti-ICE protesters, and former CNN journalist Don Lemon, descended upon the church and disrupted a mass because a church official had connections to ICE. The demonstrators could have been charged with such offenses as disorderly conduct, interfering with a religious observance, knowingly participating in a noisy assembly and making or continuing a disturbing or excessive noise. There was a demonstrator who was able to get her misdemeanor charges dismissed earlier. However, Emily Phillips was arrested for her conduct outside of the church and actually responded to police demands that she stop using her bullhorn. Her case is a good point of comparison. Protesting outside is vastly different from entering a church or event to disrupt it or shout down speakers. These demonstrators entered a church, refused to leave when told to do so, and abused parishioners while stopping the services. Kao offers little more than a shrug: "Following a careful evaluation of the video footage, investigative reports, and other available materials, prosecutors determined that the current evidence is insufficient to meet that standard for criminal charges u...
Marvell Technology Inc and Flex Ltd. will join the S&P 500 in the latest quarterly rebalance , S&P Dow Jones Indices said Friday. The semiconductor company and the electronics manufacturing firm, respectively, will replace Pool Corp. and The Campbell’s Company before the start of trading on June 22, according to the index provider. Marvell in its latest earnings delivered a quarterly forecast that...
Marvell Technology Inc and Flex Ltd. will join the S&P 500 in the latest quarterly rebalance , S&P Dow Jones Indices said Friday. The semiconductor company and the electronics manufacturing firm, respectively, will replace Pool Corp. and The Campbell’s Company before the start of trading on June 22, according to the index provider. Marvell in its latest earnings delivered a quarterly forecast that exceeded estimates and boosted its outlook for the year, citing demand for chips used in AI data centers. The company is benefiting from a surge in demand for computer systems in data centers that create and run artificial intelligence software and services. Flex, meanwhile, issued profit guidance for 2027 that exceeded consensus estimates . The company announced it will spin off its cloud and power infrastructure segment. Shares in Marvell rose 6% in after-hours trade and Flex was up 3.9%. Companies must have a market capitalization of at least $22.7 billion and meet profitability, liquidity and share-float requirements to qualify for the S&P 500 under April guidelines . Removal from the benchmark can weigh on a stock, as index funds sell shares to realign with the gauge’s new composition. The growth of passive investing has elevated the importance of inclusion in the US equity benchmark, as funds that track the index must buy newly added shares. The same goes with exclusion. Just on Thursday, the index provider announced it will keep its existing eligibility requirements for benchmarks, closing the door to fast entry for big tech IPOs like SpaceX. The decision arrives as Wall Street grapples with a new reality: some companies are reaching unprecedented sizes before they ever enter public markets. Read more: S&P’s SpaceX Snub Shows Elon Musk the Power of Index Gatekeepers SPDJI said it will not shorten the 12-month seasoning period for giant newly public companies or waive existing profitability and public-float requirements based on a company’s size, diverging from a bro...
Top 20 by Trading Volume | Chip stocks plunged collectively, with NVIDIA down over 6%, Micron down over 13%, and AMD falling nearly 11%; SpaceX signed a $30 billion computing power agreement with Google; Meta reportedly considering multi-billion-dol 富途牛牛
Top 20 by Trading Volume | Chip stocks plunged collectively, with NVIDIA down over 6%, Micron down over 13%, and AMD falling nearly 11%; SpaceX signed a $30 billion computing power agreement with Google; Meta reportedly considering multi-billion-dol 富途牛牛
mtcurado/iStock Unreleased via Getty Images Starfighters Space ( FJET ) confirmed its addition to the Russell 3000 Index effective June 29, 2026, as part of the annual reconstitution, with analyst Hilary Kramer noting it as a visibility boost during broader market discussion. American News Group commentary highlighted that public-market interest in the space sector has expanded beyond rockets, cov...
mtcurado/iStock Unreleased via Getty Images Starfighters Space ( FJET ) confirmed its addition to the Russell 3000 Index effective June 29, 2026, as part of the annual reconstitution, with analyst Hilary Kramer noting it as a visibility boost during broader market discussion. American News Group commentary highlighted that public-market interest in the space sector has expanded beyond rockets, covering aerospace infrastructure, communications, Earth observation, and specialized flight systems. However, the update came against a weak trading backdrop across aerospace names on Friday. After the index inclusion, space stocks turned sharply lower, showing a classic “sell-the-news” reaction across the sector. The sector saw heavy selling pressure. AST SpaceMobile ( ASTS ) dropped 12.76% to $93.60, Rocket Lab ( RKLB ) fell over 8% to $110.08, Virgin Galactic ( SPCE ) crashed 7.20% to $4.38, Starfighters Space ( FJET ) declined 13% to $8.30, and Planet Labs PBC ( PL ) plunged nearly 25% to $32.22. The weakness was not limited to headline names. Broader space-linked stocks like Intuitive Machines ( LUNR ), Redwire ( RDW ), BlackSky Technology ( BKSY ), Voyager Technology ( VOYG ), and Firefly ( FLY ) traded lower. Overall, despite the Russell 3000 inclusion acting as a visibility catalyst, the market reaction turned negative, with investors focusing more on execution and profitability than index-driven optimism. More on AST SpaceMobile AST SpaceMobile: Failing Upwards AST SpaceMobile's Next Chapter Changes Everything AST SpaceMobile Over SpaceX Any Day EchoStar tops communications services stocks in short interest; Alphabet sees the lowest exposure AST SpaceMobile sinks 18%, leading space stocks lower after Blue Origin rocket explosion
Kathrin Ziegler/DigitalVision via Getty Images Overview It has been a year since the last time I covered Horizon Technology Finance ( HRZN ), so I thought it would be a good time to reassess this business development company. When I previously covered Horizon, I issued a sell rating due to the disappointing earnings and dividend weakness. Since then, the share price has declined by more than 38%. ...
Kathrin Ziegler/DigitalVision via Getty Images Overview It has been a year since the last time I covered Horizon Technology Finance ( HRZN ), so I thought it would be a good time to reassess this business development company. When I previously covered Horizon, I issued a sell rating due to the disappointing earnings and dividend weakness. Since then, the share price has declined by more than 38%. HRZN recently reported its Q1 earnings to kick off its 2026 fiscal year, so I wanted to provide some updated thoughts about whether or not the value proposition has changed. Due to the continuous declines, Horizon Technology now trades at one of the largest discounts to NAV valuations since its inception. For instance, Horizon Technology now trades at a discount to NAV of 33.38%. For reference, it has traded at an average premium to NAV of 12.52% over the last five years. While this deep discount may seem like an enticing opportunity to start accumulating shares, I believe that this discount is a direct reflection of the weakness that Horizon Technology continues to face. I remain cautious that there's a risk for the share price to continue its descent if new investments take some time to materialize. CEF Data Horizon Technology now offers investors a starting dividend yield of 15.5% while issuing those payouts on a monthly basis. Although payouts are now supported by net investment income, I would love to see the coverage rate improve. The current coverage rate leaves very little room for error. At least there's a ton of spillover income available to management. Higher interest rates may threaten Horizon's ability to grow its portfolio and increase its base earnings. However, management has improved their growth prospects so far by achieving positive net portfolio growth. Q1 Earnings According to the latest portfolio overview , Horizon Technology Finance has investments with a value of $695.7 million that are spread across a diverse range of debt securities. The portfolio ...
Friday’s pullback in US equities offers a chance to add exposure rather than a reason to retreat, with a clear path for the S&P 500 to reach 8,000 this year, according to John Flood , the head of Americas equities execution services at Goldman Sachs Group Inc. The decline on Friday, Flood said, was likely led by profit-taking ahead of the weekend, and anticipation of additional equity supply comin...
Friday’s pullback in US equities offers a chance to add exposure rather than a reason to retreat, with a clear path for the S&P 500 to reach 8,000 this year, according to John Flood , the head of Americas equities execution services at Goldman Sachs Group Inc. The decline on Friday, Flood said, was likely led by profit-taking ahead of the weekend, and anticipation of additional equity supply coming to the market through initial public offerings — the type of selloff that has historically rewarded buyers. “There haven’t been many dips to buy this year,” Flood said in an interview on Bloomberg Television. “Historically, buying a 2% pullback in the S&P 500 has paid off, and I think that continues to be the case.” The S&P 500 fell 2.6% on Friday, while the Nasdaq 100 sank about 5%, the most since April 2025. The losses came after a stronger-than-expected jobs report pushed Treasury yields higher and revived speculation that the Federal Reserve could keep policy restrictive for longer. Flood cited inflation, geopolitical tensions involving Iran and concerns around private credit as the issues investors most frequently raise, characterizing them as a healthy “wall of worry” rather than evidence of deteriorating confidence. The broader market backdrop remains supportive, he argued. Goldman’s proprietary sentiment indicator, which aggregates positioning across hedge funds, mutual funds, retail investors and foreign investors, remains near neutral despite the S&P 500 having already logged 24 record highs this year. “Despite the stock market being close to all-time highs at the index level, there is still concern out there,” Flood said. From an institutional-investor perspective, Flood said positioning remains disciplined rather than euphoric. Goldman’s prime brokerage data show hedge-fund gross exposure — the combination of long and short positions — at near record highs. Investors remain long many AI and technology stocks while simultaneously carrying large short positions ...