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Barclays bumps S&P 500 target higher after strong q2 earnings

Ronaldo Schemidt | AFP | Getty Images Celebration of San Juan de Dios festivity in Tultepec, near Mexico City, Mexico. Barclays raised its year-end projection for the S&P 500 on Thursday, explaining that the bank’s new forecasting model better captures strong second-quarter earnings. Chief equity strategist Maneesh Deshpande revised his …

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Analyst upgrades Tempur Sealy to overweight, sees 30% upside

Bedding manufacturer Tempur Sealy’s stock should rally 30 percent over the next year given reduced competition and the possibility of a new partnership with a major retailer, according to KeyBanc Capital Markets. The closure of roughly 1,000 Mattress Firm locations should add 48 cents to Tempur Sealy’s earnings per share, …

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One Dow stock is quietly making new highs for the first time in years

Quietly, one major Dow stock is making new highs, and no one is talking about it. After being stuck in a sideways range since early 2013, Verizon is finally breaking out, hitting its highest level in two years this week. The stock has rallied 18 percent during the last three …

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Trump administration reportedly to announce NAFTA ‘handshake’ deal with Mexico Thursday

Justin Sullivan | Getty Images Mexico’s Minister of Economy Ildefonso Guajardo Villarreal looks on during a joint news conference with U.S. Secretary of Commerce Wilbur Ross on March 10, 2017 in Washington, DC. The U.S. is near an informal NAFTA deal with Mexico, according to one report. Politico reported on …

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It is not unusual for a president to fight the Fed

Getty Images President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. For some time now it has been my view …

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Online brokerage stocks sink on JP Morgan’s plan to offer free trading

Daniel Acker | Bloomberg | Getty Images Pedestrians walk outside an E*Trade Financial office in New York, U.S. Online brokerage firms including Charles Schwab, TD Ameritrade and E-Trade sank on Tuesday after CNBC reported that J.P. Morgan Chase will offer a new digital investment app with free trading. Shares of …

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Three options strategies for the week: August 20

The “Options Action” traders share three options trading strategies to kick off the week. Dan Nathan recommends a call spread in Alibaba. Mike Khouw recommends a put spread in the Energy ETF Mike Khouw recommends an iron condor strategy in the Russell 2000 ETF Trader disclosure: On July 17, 2018, …

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Morgan Stanley cuts its estimates for General Motors because of China

John Gress | Reuters Kathy Huff installs a headlight assembly at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  Morgan Stanley’s outlook on General Motors shares has dimmed due to the escalating trade war between the U.S. and China. The firm reduced …

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The rest of the world is feeling pain from tariffs and a strong dollar

But while some have speculated that fears of slower economic growth in China may be partly responsible for feeble stock performance there, Hong Kong and Shanghai are by no means alone. “I think one of the biggest stories throughout the year has been the pressure we’ve seen on emerging markets,” …

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Here are the stocks the top-performing hedge funds are buying — including Tempur Sealy

Well-known hedge-fund managers such as David Tepper and Dan Loeb get much of the attention, but there are lower-profile stars that are performing even better and beating the market. CNBC used Symmetric.io, a top hedge-fund tracking firm, to find the best under-the-radar managers and which stocks they recently bought, according …

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