Recent Posts

Hurricane Florence could product historic storm surge of up to 20 feet

Chuck Liddy | Tribune News Service | Getty Images National Park Service Ranger Jeff Goad views the destruction to N.C. Hwy 12 on the north edge of Rodanthe, North Carolina due to the storm surge from Hurricane Irene.  A network of rivers and streams that extend inland from the coast …

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Ahead of Apple’s product launch, trader is ‘playing for a pullback’

All eyes in the tech world are on Apple, which is expected to unveil three new iPhone models on Wednesday at its annual product launch. Not all investors are fazed by the hotly anticipated event. Mark Newton, president and founder of Newton Advisors, sees a sharp pullback in Apple’s near …

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Micron tumbles after Goldman downgrades

Scott Mlyn | CNBC Sanjay Mehrotra, CEO, Micron Technology,  Goldman Sachs downgraded Micron to neutral from buy on Wednesday, sending the shares tumbling in premarket trading and further exasperating a violent selloff in memory chip stocks this month. The investment bank’s analyst Mark Delaney cited “incremental weakness in both DRAM …

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