Opinion: Five reasons high-flyers in the stock market will crash down to earth

Opinion: Five reasons high-flyers in the stock market will crash down to earth

It’s never boring these days. Recall that there are times when the S&P 500 goes 100 days or more without making a 1% intraday move. But big moves are the norm nowadays — and they aren’t bullish. Neither is the fact that many of the worst of the low-quality stocks that are still down 80%-90% … Read more

Illumina stock tanks as gene-sequencing company misses expectations and issues bleak outlook

Illumina Inc. shares sank 17% after hours Thursday after the gene-sequencing company swung to a loss in the second quarter, fell short of revenue expectations and revised its full-year outlook downward. Francis deSouza, chief executive of Illumina ILMN, +0.06%, said in a statement that the quarterly results failed to meet the company’s own expectations because … Read more

The Stock Market Is Crazy, and You Aren’t a Psychologist

Don’t believe everything you read on the Internet. For example, more than a million Google search results, thousands of articles and dozens of books and investment letters will tell you, without evidence, that the great economist John Maynard Keynes said “the market can remain irrational longer than you can remain solvent.”

United Airlines Holdings Inc. stock outperforms market despite losses on the day

Shares of United Airlines Holdings Inc. UAL, -0.05% sank 0.05% to $38.67 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% rising 0.08% to 33,336.67 and the S&P 500 Index SPX, -0.07% falling 0.07% to 4,207.27. United Airlines Holdings Inc. closed … Read more

International Flavors & Fragrances Inc. stock falls Thursday, underperforms market

Shares of International Flavors & Fragrances Inc. IFF, -0.67% slumped 0.67% to $122.23 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% rising 0.08% to 33,336.67 and the S&P 500 Index SPX, -0.07% falling 0.07% to 4,207.27. International Flavors & Fragrances … Read more

Pfizer Inc. stock falls Thursday, underperforms market

Shares of Pfizer Inc. PFE, -3.32% slide 3.32% to $48.29 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% rising 0.08% to 33,336.67 and the S&P 500 Index SPX, -0.07% falling 0.07% to 4,207.27. The stock’s fall snapped a three-day winning … Read more

PayPal Holdings Inc. stock outperforms market on strong trading day

Shares of PayPal Holdings Inc. PYPL, +0.20% inched 0.20% higher to $99.11 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% rising 0.08% to 33,336.67 and the S&P 500 Index SPX, -0.07% falling 0.07% to 4,207.27. This was the stock’s second … Read more

Microsoft Corp. stock falls Thursday, underperforms market

Shares of Microsoft Corp. MSFT, -0.74% dropped 0.74% to $287.02 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% rising 0.08% to 33,336.67 and the S&P 500 Index SPX, -0.07% falling 0.07% to 4,207.27. The stock’s fall snapped a two-day winning … Read more

Exxon Mobil Corp. stock rises Thursday, outperforms market

Shares of Exxon Mobil Corp. XOM, +2.89% rallied 2.89% to $93.19 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% rising 0.08% to 33,336.67 and the S&P 500 Index SPX, -0.07% falling 0.07% to 4,207.27. This was the stock’s fifth consecutive … Read more

American Airlines Group Inc. stock falls Thursday, underperforms market

Shares of American Airlines Group Inc. EEL, -0.53% wear 0.53% to $14.99 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% rising 0.08% to 33,336.67 and the S&P 500 Index SPX, -0.07% falling 0.07% to 4,207.27. American Airlines Group Inc. closed … Read more