Insider buying can be a bullish signal for a stock. This is especially the case if the stock has recently had a large drop in price. Insiders are people who have access to confidential information about a company. When they buy or sell their company’s stock, they need to make a public filing with the
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Over the last few years, most of the news about master limited partnerships (MLPs) hasn’t exactly been great. From lower energy prices to tax-reform, MLPs have been hit hard from all sides. Thanks to bankruptcies, private equity buyouts, and simplification transactions, the number of MLPs has shrunk considerably. Since the Alerian Index — the main
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When Lyft (NASDAQ: LYFT) stock jumped 8.7%,  closing at $78.29 on its first day of trading back in March, I felt I needed to warn people to “avoid Lyft stock like the plague.” Source: Tero Vesalainen / Shutterstock.com Unfortunately, six months later, with LYFT stock price now at $39, very little has changed about my
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If only we were talking about the TV show The Blacklist. Alas, that’s not the case. Apparently, the White House has a blacklist of 28 Chinese companies it believes have ties to human rights abuses against Muslim minorities in some parts of China. Source: Venturelli Luca / Shutterstock.com Secretary of State Michael Pompeo called those
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Last Friday’s resignation of Hexo (HEXO) CFO Michael Monahan sent aftershocks across an already shaky cannabis sector, and so far the reactions on Wall Street have been mixed. Monahan’s resignation seemed to catch investors by surprise, as his hiring was just recently announced back in May. However, the former CFO insists his resignation is for
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There’s a correlation between recent weakness in the stock market — led by certain sectors — and Elizabeth Warren’s surge in the polls, according to some analysts and strategists on Wall Street. One banking analyst, Oppenheimer’s Chris Kotowski, went so far as to title his latest research note “The Warren Correction,” where he pointed out
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Since a two-session, 20% plunge following second-quarter results on Aug. 1, Square (NYSE:SQ) stock has slipped another 4%. In fact, SQ stock nearly touched 2019 lows last month before a recent rally. Source: Jonathan Weiss / Shutterstock.com That trading hardly seems like good news. Indeed, I thought back in late August that SQ stock might
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U.S. equities are under pressure on Tuesday as the latest round of U.S.-China trade talks look set to end in acrimony. The Trump Administration is reportedly preparing to restrict capital into China by potentially limiting U.S. pension investment in Chinese equities. If so, this is a big escalation of the situation and will surely invite
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U.S. stock futures are trading lower this morning after sellers swarmed to reject yesterday’s rally attempt. With resistance now reaffirmed, bears are in control of the short-term trend. Ahead of the bell, futures on the Dow Jones Industrial Average are down 0.7%, and S&P 500 futures are lower by 0.6%. Nasdaq-100 futures have lost just
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Platinum has pulled back 12% and is now sitting just above its 20-month moving average. Bullish sentiment on platinum has pulled back to a little above the pessimism zone, from 92% bulls in September. I would view any 10% pullbacks in platinum as buying opportunities, as long as stops are used if the 20-month moving
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An American Airlines Boeing 737-800 plane takes off from Los Angeles International airport. Mike Blake | Reuters Check out the companies making headlines after the bell: Shares of American Airlines dipped 1.65% during extended trading after authorities in Miami forcibly removed a man on a flight to Newark, New Jersey earlier Monday. The man reportedly
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If any modern industry has fierce competition, it’s content streaming. Having to contend with Netflix (NASDAQ:NFLX), Hulu, Amazon’s (NASDAQ:AMZN) Prime platform, Apple’s (NASDAQ:AAPL)’s TV+, as well as Disney’s (NYSE:DIS) Disney+ made it difficult for Roku (NASDAQ:ROKU) stock to make any headway in September. Source: AhmadDanialZulhilmi / Shutterstock.com In light of this, Pivotal Research analyst Jeffrey Wlodarczak assigned Roku stock an
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U.S. equities posted modest declines to the start week as deal makers from the U.S. and China prepare to engage in highly anticipated trade negotiations on trade. Source: Shutterstock It was conflicting headlines on the trade front that capped upside for riskier assets today. Speculation is running high that because of a slowdown in its
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No two years are ever exactly alike, but the start of the fourth quarter of 2019 looked eerily similar to the same period in 2018. Last week, the stock market was shaky, and the price of crude oil fell to the bottom end of its trading range. In 2018, price carnage during the fourth quarter
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Google CEO Sundar Pichai testifies before U.S. House of Representatives Judiciary Committee during a hearing “Transparency & Accountability: Examining Google and its Data Collection, Use and Filtering Practices” on Capitol Hill in Washington D.C., the United States, on Dec. 11, 2018. Liu Jie | Xinhua News Agency | Getty Images FANG became FANG out of
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