Halloween Is The Day ‘Sell In May And Go Away’ Investors Come Back To Life
Vampires, mummies and corpses aren’t the only ones rising from their slumber on Halloween night.
Vampires, mummies and corpses aren’t the only ones rising from their slumber on Halloween night.
For U.S. retailers, it doesn’t get much bigger than holiday shopping season. With November just right around the corner, one way for traders to gauge retailers’ expectations this holiday season is to look at how many seasonal employees they are hiring to help shoulder the seasonal workload.
Baker Hughes Incorporated BHI 0.26% shares are trading mostly flat on Monday and General Electric Company GE 0.38% shares are up 1.3 percent after the companies officially announced they will be merging their oil & gas business and creating a new oil services giant that will generate roughly $32 billion in annual revenue.
Apple Inc. AAPL 0.59% shares plummeted more than 2.2 percent following the release of the company’s fiscal Q4 earnings last week. Despite an earnings and revenue beat, the market was disappointed by shrinking margins and 30 percent decline in China sales.
ZTO Express Inc. ZTO 0.06% made a disappointing IPO debut on Thursday, falling 15 percent from its IPO price in its first day trading. Nevertheless, the company’s $19.50 IPO price values the Chinese delivery service provider at a staggering $14 billion.
If there’s one thing that Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk is good for, it’s optimism. TSLA stock owners could use that — they are running out of fresh optimism.
The big news in the market this week is AT&T Inc.‘s (NYSE:T) massive $85 billion buyout bid for Time Warner Inc (NYSE: TWX). The deal would certainly impact the telecom and cable TV markets, but Twitter Inc (NYSE:TWTR) and Twitter stock investors could end up as surprise losers as well.
Sports betting has been illegal in the United States in most locations since the early twentieth century. However, Congress is now reviewing the three main sports betting laws on the books, a process that could have major implications for U.S. casino stocks.
Earnings season provides some of the biggest trading catalysts of the year for a number of stocks, but earnings per share (EPS) is not as important for some stocks as it is for others.
This week, Exxon Mobil Corporation XOM 0.4% reported the discovery of a massive new oilfield in offshore Nigeria that could contain up to one billion barrels of oil. On the surface, the Owowo discovery seems like great news for Exxon and its shareholders, but a number of market analysts have expressed skepticism about the accessibility…