Boeing Stock Could Hit $300 in Coming Months

The Boeing Company (BA) has ascended to the top of the Dow Industrial performance list, rocketing higher after breaking out above three-year resistance in January 2017. The stock has gained more than 50% since that time while grinding out an impressive series of all-time highs. The company’s aerospace domination has underpinned this historic advance, as well as a military landscape that should […]

Ethereum is plunging following reports China could ban cryptocurrency trading

(Ethereum is plunging.MI) Ethereum is plunging on Thursday afternoon, trading down over 17% to $228 per token, following reports that Chinese regulators are taking steps to shut down the country’s bitcoin exchanges and possibly ban all trading of digital coins. BTC China, the second largest Chinese bitcoin exchange, tweeted Thursday that it would stop trading of bitcoin on September 30. “After […]

Amazon Shares Have Mysteriously Plunged 10%, and This Could Be Why

With, Inc. (AMZN) completing its $13.7 billion purchase of Whole Foods Markets (WFM) , the e-commerce juggernaut is officially entering the bricks-and-mortar grocery space. With other moves, though — like its teaming up with Sears Holdings (SHLD) to sell Kenmore products exclusively on Amazon — it’s clearly showing that Amazon is looking to dominate just about every aspect […]

Why Sysco is Sinking

…and why it might be a buying opportunity. Sysco (SYY)–the food company, not the tech giant–is slipping today after reporting earnings that only met the Street consensus. Sysco reported a profit of 72 cents a share, in line with analyst forecasts, on sales of $14.4 billion, narrowly beating estimates for $14.34 billion. Still, that wasn’t enough for […]