Recent Posts

Florence to boost home improvement sales – including Lowe’s: Jefferies

Randall Hill | Reuters Workers prepare a house with storm shutters ahead of the arrival of Hurricane Florence in Ocean Isle Beach, North Carolina, September 12, 2018.  Home improvement sales will rise due to increasing sales in the areas affected by storm Florence, according to Jefferies. One-time hurricane Florence weakened …

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Three options strategies for the week: Sep 17

The “Options Action” traders share three options trading strategies to kick off the week. Dan Nathan recommends a put spread in the Financials ETF Mike Khouw and Carter Worth recommends a call spread in FedEx Mike Khouw recommends a call spread in Netflix Trader disclosure: Dan Nathan is long XLF …

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Two top brokerages cut Micron target by 25% ahead of earnings

Wall Street darling Micron drew two big price target cuts Monday morning, with both BMO Capital Markets and Deutsche Bank slashing forecasts and sending shares tumbling in early trading. Shares of the chipmaker fell 1.7 percent after both Deutsche’s Sidney Ho and BMO’s Ambrish Srivastava highlighted softness in the company’s …

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