GoPro Has Serious Short Squeeze Potential
GoPro Inc GPRO 3.68% shares are up 6.9 percent on fairly heavy volume on Friday. Without any major news driving the move, it’s likely the jump is being driven by a short squeeze.
Short Squeeze May Be Fueling BioCryst’s Big Upgrade Move
BioCryst Pharmaceuticals, Inc. BCRX 11.13% shares are up 10.5 percent on Friday following an upgrade by JMP Securities from Market Perform to Market Outperform. A closer look at the numbers for the biotechnology stock suggests a short squeeze may be playing a role in the sizable move.
Dogs Of The Dow Vs. Laggards: Which Is A Better Play?
The Bernstein quantitative research team recently took a look at some popular contrarian trading strategies to see how they stack up. Analyst Ann Larson looked at how the “Dogs of the Dow” strategy has historically performed compared to buying the leaders and laggards of the S&P 500.
Horizon Pharma Looking To Finish Strong In 2016
Shares of Horizon Pharma PLC HZNP 10.11% are spiking 12.8 percent on Friday following some positive news and a Wall Street upgrade.
Should You Buy The Rate-Hike Dip In Gold Miners?
Gold and gold stocks took a tumble this week following the Federal Reserve’s highly-anticipated interest rate hike. The SPDR Gold Trust (ETF) GLD 0.66% is down 2.1 percent this week, while the Market Vectors Gold Miners ETF GDX 0.47% is down 6.8 percent. Triple-levered inverse gold ETF Direxion Shares Exchange Traded Fund Trust JDST 4.17%…
What’s The Difference Between Yahoo’s Data Breaches?
Yahoo! Inc. YHOO 0.52% shares are down 4.2 percent in Thursday’s session after the company disclosed yet another massive user data breach. This new announcement comes about three months after Yahoo disclosed a previous large-scale data breach.
What’s Going On With Shippers This Morning?
The rollercoaster ride for shipping stocks continued on Thursday with shares of DryShips Inc. DRYS 9.07% jumping 20.5 percent in early trading following news that the company has secured a new $200 million loan from Sifnos and will undergo a “comprehensive refinancing, de-leveraging and strategic repositioning.”
Belden Well-Positioned To Benefit From Rising Content Consumption And Increasing Internet Traffic
There’s no question the world is becoming more connected by the day. Deutsche Bank analyst Sherri Scriber believes Belden Inc. BDC 2.39% is well-positioned to capitalize on the secular connectivity trend. Deutsche Bank has initiated coverage on Belden with a Buy rating and an $85 price target.
How Nat Gas Stocks Could Benefit From The Coldest December Of The Century
The first half of December 2016 has been seasonably cold throughout most of the United States, and the forecast for the second half of the month isn’t looking much better. While the country is cooling down, natural gas stocks are heating up. The United States Natural Gas Fund, LP UNG 1.04% is up 26.4 percent…
The Dow At 20,000: Does It Mean Anything?
The post-election stock market rally has propelled the Dow Jones Industrial Average to new highs. Tuesday’s intra-day peak of 19,953.75 is just a stone’s throw away from 20,000. But does Dow 20,000 hold any real significance?