Tag: market cycles

When Will Bitcoin Bottom? Cycles Suggest Selloff Will Continue

Bitcoin crashed as the launch of the much-discussed Bakkt futures exchange was greeted with limited uptake. Having risen to around 13,000 earlier this year,...

Schnitzer Steel Issues Profit Warning, Market Cycles Point To More Weakness

Schnitzer Steel (SCHN) sank 10% on Thursday after the company warned that earnings would be lower than expected. Based on its market cycles, we expect...

Philip Morris Ends Merge Talks With Altria, Faces Murky Future

Philip Morris (PM) rose 5 percent on Wednesday, after it announced that merger talks with Altria (MO) had ended. However, our view is that the...

Blackberry (BB) Crushed By Earnings, When Will Stock Bottom?

Blackberry (NYSE: BB) lost over 20 percent of its market cap value on Tuesday after the company posted earnings and revenue that missed investor...

Saudi Attacks Push Oil Higher But Look For Quiet Week On...

The stock market was narrowly lower last week while Crude Oil prices spiked, along with the United States Oil Fund ETF (USO) spiked. Investors are...

$COST Costco Stock Price Reversal Lower Signals Top Likely

Shares of Costco (COST) declined 1 percent on Thursday, after an analyst downgraded the stock. Costco's stock began its reversal in earnest last week and...

FedEx Stock Slides On Earnings, $120 Downside Price Target

FedEx (FDX) fell sharply on Wednesday after the company posted earnings that missed Wall Street expectations. Based on its market cycles, we believe the stock...

Corning Stock GLW Falls Sharply On Lower Guidance, Cycles Bearish

Corning (GLW) fell 6% on Wednesday, after the company cut its fiscal year guidance. Based on its market cycles, we believe the stock has further...

Wendy’s Stock Heading Lower As Breakfast Plans Disappoint Investors

Wendy’s Company (ticker: NYSE: WEN) declined sharply on Tuesday after the company announced lower earnings guidance resulting from its plans to offer breakfast. Based on...

Vanguard Total World Fund (VT) Facing Headwinds Into Late September

Vanguard Total World Stock Index ETF NYSEARCA: VT "Weekly" Chart  Stocks have been moving higher globally, with several developed markets bouncing back and rallying into...

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