Charting the Market: Cummins Flops as the Future Is Now

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Source: Blogs Barrons Stocks To WatchCummins' (CMI) stock has slumped today after Tesla revealed the future of the 18-wheeler...maybe.Shares of the diesel engine maker sputtered a day after Tesla's Elon Musk showed his prototype 18-wheeler powered by electric batteries. Musk said the Tesla Semi will go farther, run cheaper and arrive sooner than anyone expected, and fleet … [Read more...]

Morning Movers: A Retail Wonderland!

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Source: Blogs Barrons Stocks To WatchStocks were set for a mixed open after gaining on Thursday. S&P 500 futures have fallen 0.2%, while Dow Jones Industrial Average futures have slipped 0.1%. Nasdaq Composite futures are gaining, however, up 0.1%. Foot Locker (FL) soared more than 25% after reporting better-than-expected earnings and revenues. Abercrombie & Fitch (ANF) … [Read more...]

Does It Get Any Weirder Than This? Dow Drops 100 Points, Nasdaq Gains Ahead of Short Thanksgiving Week

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Source: Blogs Barrons Stocks To WatchOK. it does. But still. The major market indexes finished the week mixed following a weird day that saw the Dow Jones Industrial Average drop 100 points and small caps gain 0.4%.The S&P 500 dipped 0.1% this week after falling 0.3% to 2578.85 today, while the Dow Jones Industrial Average fell 63.97 points, or 0.3%, this week after … [Read more...]

House Passes Tax Reform, But the Battle Has Just Begun

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Source: Blogs Barrons Stocks To WatchThe House of Representatives passed tax-reform legislation by 227-205 on Thursday afternoon. But the effort to turn legislation into a law faces a tough road ahead, including opposition among Senate Republicans. We always knew that tax reform would face better reception in the House, thanks to a sizable margin of GOP control of the c … [Read more...]

But I Was Ready For the Crash! Dow Gains 187 Points as Tax Reform, Earnings Drive Markets Higher

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Source: Blogs Barrons Stocks To WatchAnd just like that, the world isn't ending after all. It sure seemed like it might, with all the talk of junk-bond implosions, yield-curve inversions, and morning after morning of heavy stock selling.And then it all turned around. The S&P 500 rose 0.8% to 2,585.64 today, while the Dow Jones Industrial Average rose 187.08 points, or 0.8%, … [Read more...]

In the Bitcoin Gold Rush, Who Sells the Safes?

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Source: Blogs Barrons Stocks To WatchExchanges that allow people to turn dollars into Bitcoins and vice versa are prone to hacking, theft and sudden "disappearances". That's one reason why more traditional financial players have steered clear of the stuff -- beyond, you know, its mysterious origins, lax regulations and incredible volatility.When an asset climbs 600% in a year, t … [Read more...]

The Hope in the Hoopla: Why a Barnes & Noble Deal Isn’t Likely

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Source: Blogs Barrons Stocks To WatchAn activist investor’s proposed buyout of Barnes & Noble (BKS) could be a tall order. And not even the company itself considers it "bona fide."The plan faces the dual challenges of getting a sufficient number of shareholders on board and receiving the necessary financing at a time when Barnes & Noble is experiencing declining sales a … [Read more...]

Charting the Market: Time Jumps on Buyout Reports

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Source: Blogs Barrons Stocks To WatchShares of Time (ticker: TIME) have soared more than 20% on reports of a takeover bid.The magazine rival Meredith (MDP) has again approached the publisher of People, Sports Illustrated and Time, this time with backing from banks and the conservative activist Koch brothers -- according to the New York Times. The publishers have twice before … [Read more...]

Forget the Truck. Tesla’s Future Still Depends on the Model 3

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Source: Blogs Barrons Stocks To WatchYes, Tesla's (TSLA) semi-truck is getting all the attention today, but lest anyone forget, the future of the company depends on the mass-market Model 3.My colleague Teresa Rivas dug into the possible beneficiaries of Tesla's truck--UPS (UPS), FedEx (FDX) and J.B. Hunt (JBHT), among them--but profitability will likely depend on the automaker … [Read more...]

Morning Movers: Cisco, Wal-Mart Boost Stocks; Best Buy Bumbles

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Source: Blogs Barrons Stocks To WatchStocks look poised to bounce back after their two-day losing streak. S&P 500 futures  and the Dow Jones Industrial Average futures  have gained 0.3%. Nasdaq Composite futures are up 0.4%. L Brands (LB) dropped 4.4% after its earnings matched analysts estimates but same-store sales fell. Best Buy (BBY) is down 1.4%, despite reporting an in … [Read more...]