Senior Trader

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Barry CEO and Board Member, Hot Stocks NYC was founded by Barry, a seasoned trader with over 50 years of market experience and Over 3 MILLION Trades, his unmatched ability to memorize and analyze the price action of thousands of stocks each day, there is nobody more qualified to help traders beat WallStreet than Barry. […]

7 Stocks To Watch For May 31, 2017

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Some of the stocks that may grab investor focus today are: Wall Street expects Michael Kors Holdings LtdKORS to report quarterly earnings at $0.7 per share on revenue of $1.05 billion before the opening bell. Michael Kors       shares slipped 0.47 percent to $36.10 in after-hours trading. Analysts expect Hewlett Packard Enterprise CoHPE to post quarterly earnings at $0.36 per share on revenue of $9.63 billion after the closing bell. Hewlett Packard Enterprise shares rose 0.16 percent to $18.88 in after-hours trading. Danaos CorporationDAC reported stronger-than-expected results for its first quarter on Tuesday. Danaos shares surged 18.52 percent to $1.60 in the after-hours trading session. After the markets close, Palo Alto Networks IncPANW is estimated to post quarterly earnings at $0.55 per share on revenue of $412.02 million. Palo Alto shares declined 0.91 percent to close at $117.00 on Tuesday. Analysts are expecting Analog Devices, Inc. ADIto have earned $0.84 per share on revenue of $1.10 billion in the latest quarter. Analog Devices will release earnings before the markets open. Analog Devices shares rose 0.35 percent to $85.10 in after-hours trading. Quanex Building Products CorporationNX reported upbeat earnings for its second quarter on Tuesday. Quanex shares climbed 4.90 percent to $20.35 in the after-hours trading session. Before the opening bell, RBC Bearings IncorporatedROLL is projected to report quarterly earnings at $0.89 per share on revenue of $161.08 million. RBC Bearings shares slipped 0.15 percent to close at $99.45 on Tuesday.

NASDAQ (bars) up 15.3% year to date, while Russell 2000 (line) up just 1.9% year to date and that could be a problem

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because 40% of NASDAQ 100 QQQ gains come from its top holding  of AAPL, MSFT, AMZN, FB, GOOGL (see table below) and since they are having a good year (so far), Money Managers are sending ALL NEW MONEY into the top QQQ movers, which sends AAPL, FB, MSFT, AMZN and GOOGL even higher, while the rest of the market lags behind. Year […]

Oil ETFs And OPEC Meet Again

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The United States Oil Fund USO plunged 5.3 percent Thursday, bringing its year-to-date decline to 14.3 percent. USO, the most heavily traded oil exchange-traded product in the U.S., is now almost 20 percent below its 52-week high, putting it dangerously close to officially being in a bear market. OPEC Extension The Organization of Petroleum Exporting […]

Market Summary #Wednesday, May 24, 2017

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Wednesday, May 24, 2017 Market Summary     Yesterday the markets shrugged off the terror attack in the U.K. and rolled higher for the 4th day in a row, which has got to be the longest winning streak in 2017. The markets rebound has the Indexes within spitting distance of last Mondays highs at DOW 21,000, […]

‘Trump Troubles’ Could Reinforce S&P 500’s Underperformance For Some Time

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Jay Pelosky, the founder of Pelosky Global Strategies, highlighted something about the stock market’s 2017 performance that may be flying under the radar: It isn’t as great as it seems. Speaking as a guest on “Bloomberg Daybreak: Americas” on Monday, Pelosky explained that the developed markets excluding the U.S. have seen their stock markets gain […]