Source: ThinkstockNovember 20, 2017: The S&P 500 closed up 0.1% at 2,582.23. The DJIA closed up 0.3% at 23,431.55. Separately, the Nasdaq was up 0.1% at 6,790.71.
Monday was a relatively positive day for the three major U.S. exchanges, but trading volumes were low as this is a truncated trading week. Crude oil was negative on the day. The S&P 500 sectors were more or less split down the middle. The best performing sectors were industrials and financials, up 0.4% and 0.5%, respectively. The worst performing sectors were health care and utilities, down 0.5% and 0.4%, respectively.
Crude oil was down 0.6% at $56.23.
Gold was down 1.5% at $1,277.10.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Incyte Corp. (NASDAQ: INCY) which traded down about 6% at $98.96. The stocks 52-week range is $98.49 to $153.15. Volume was over 2 million versus the daily average of 1.8 million shares.
Top 5 Performing Stocks To Buy Right Now: Semtech Corporation(SMTC)
- [By Monica Gerson]
Semtech Corporation (NASDAQ: SMTC) is projected to post its quarterly earnings at $0.27 per share on revenue of $128.38 million.
Ollie’s Bargain Outlet Holdings Inc (NASDAQ: OLLI) is estimated to post its quarterly earnings at $0.17 per share on revenue of $190.44 million.
Top 5 Performing Stocks To Buy Right Now: Capstead Mortgage Corporation(CMO)
- [By Amanda Alix]
As the spread between short-term and long-terminterest rates began to contract, strangling profits, competition for MBSes also caused prices to rise. Other agency mREITs were nervous, too. CYS Investments (NYSE: CYS ) noted at the time that QE3 turned the Federal Reserve into the sector’s biggest rival for mortgage bonds, and as spreads began to shrink, so did dividends. By December of last year, Annaly, Armour, and Capstead Mortgage (NYSE: CMO ) had all trimmed their payouts.
Top 5 Performing Stocks To Buy Right Now: STARWOOD PROPERTY TRUST, INC.(STWD)
- [By WWW.MONEYSHOW.COM]
Starwood Property Trust (STWD) is a finance REIT, which means it makes or owns real estate mortgages rather than owning commercial property. The bulk of Starwood Property’s business is to make and hold commercial property mortgages.
Top 5 Performing Stocks To Buy Right Now: Media General, Inc.(MEG)
- [By Monica Gerson]
Media General Inc (NYSE: MEG) is estimated to report its quarterly earnings at $0.04 per share on revenue of $340.17 million.
National Health Investors Inc (NYSE: NHI) is expected to post its quarterly earnings at $1.17 per share on revenue of $57.82 million.
Top 5 Performing Stocks To Buy Right Now: First Harvest Corp., Prior to Reverse Merger with Cannavoices, Inc. (HVST)
- [By Javier Hasse]
First Harvest Corp (OTC: HVST), acquired Cannavoices, Inc., a developer of cannabis-focused mobile games and social media platforms.
"A trend we've seen developing slowly but steadily [is one] wherenew channels are being developed to reach cannabis consumers, primarily due to limits in advertising. There is so much regulation in the space that, in such an entrepreneurial environment where there are really no incumbent leaders, people are trying to be creative and figuring out ways to reach the cannabis consumer, both as an undeserved demographic and, just one that has still got that taboo around it, [leading] to larger players not necessarily getting involved yet." "Basically, they are trying to figure out ways to reach the consumer without direct TV advertising and stuff like that.”
Related Link: Marijuana Stocks Go On Reversal Mode After 8 Weeks Of Gains: Cannabis Index Down From 52-Week High