GE Rally Loses Steam, Tests Key Support

GE Rally Loses Steam, Tests Key Support

Shares of General Electric Company (GE) fell more than 3% on Thursday after JPMorgan cut its price target on the stock to $10.00. The analyst team believes that recently disclosed problems with GE’s gas turbines could spell more trouble for the firm’s...
Pot Stocks Explode Higher in Watershed Week

Pot Stocks Explode Higher in Watershed Week

Publicly traded cannabis stocks exploded higher this week, underpinned by two events that could bring marijuana use closer to the mainstream. First, Dow component The Coca-Coca Company (KO) disclosed talks with Vancouver-based Aurora Cannabis to brew a CBD-infused...
Boeing Shares Are Alerting Bullish Trading Activity

Boeing Shares Are Alerting Bullish Trading Activity

A gain of approximately 25% in 2018 for shares of The Boeing Company (BA) was likely driven by unusual buying activity in the shares. Boeing was a major outperformer in 2017, popping 93% as shares traded higher volumes while the stock rallied. That same trading...
Micron Reports Showing a Potential 'Death Cross'

Micron Reports Showing a Potential 'Death Cross'

Semiconductor giant Micron Technology, Inc. (MU) focuses on memory chips and storage technologies. The stock began 2018 on a momentum run-up but slipped to its 2018 low of $37.52 on Feb. 9 then rallied a bull market 69% to as high as $63.42 into March 13. This was...
JPMorgan Stock Breaks Out From Bearish Price Channel

JPMorgan Stock Breaks Out From Bearish Price Channel

JPMorgan Chase & Co. (JPM) shares rose nearly 3% on Wednesday after 10-year Treasury yields breached the 3% mark for the first time since late May. With two-year Treasury bonds trading roughly flat, the steepening yield curve is a positive for bank net interest...