Tag: market cycles

CVS Stock Rallies On Growth Plans, Cycles Point Higher

CVS Stock "Weekly" Chart  Shares of CVS (NYSE: CVS) are in rally mode after the company delivered a compelling vision for how it plans to...

Abercrombie & Fitch Offers Weak Guidance, Stock Price Cycles Lower

Abercrombie & Fitch (ANF) Stock Weekly Chart  Abercrombie & Fitch (NYSE: ANF) sank 27% on Wednesday, after the company beat on earnings and sales but...

Rio Tinto Boosted By Goldman Sachs, Stock Has Room To Run

Rio Tinto (RIO) rose by 1.5% on Tuesday after Goldman Sachs upgraded the stock to buy. We agree with Goldman. RIO has gained momentum this...

Stock Market Faces Headwinds as Cycles Point to Correction

The S&P 500 Index (INDEXSP: .INX) fell 33 points last week to 2826, a decline of 1.2%. This occurred as the trade war continued to...

NetApp (NTAP) Falls On 4Q Earnings, Cycles Point Lower

NetApp (NTAP) Stock Weekly Chart  NetApp (NTAP) fell 8% on Thursday, after the company posted earnings that missed Wall Street expectations.  We believe the stock faces...

Target’s Stock Soars On Strong Earnings As Market Cycles Point Up

Target (TGT) Stock Weekly Chart  Target (TGT) rose by 7% on Wednesday, after the company posted earnings that beat Wall Street expectations.  Our view is that...

Kohl’s Stock Tanks After Missing Key Metrics (Bearish Outlook)

Kohl's Corporation (KSS) Stock Weekly Chart  Kohl's (KSS) dropped 12% Tuesday after the company missed expectations for earnings, revenue, and guidance.  While its market cycles point...

As Trade War Stings Again, Stock Market Cycles Point Lower

The S&P 500 (SPX) fell 21 points last week to 2860, a decline of 0.7%.  Stocks chopped around as headlines mostly pointed to an escalation...

Cisco Systems (CSCO) Rallies On Strong Earnings, Cycles Point Higher

Cisco Systems (CSCO) rose by 6% on Thursday after the company posted earnings that beat Wall Street expectations.  Having completed its intermediate market cycle, we...

Google Stock Rises On Analyst Upgrade, But Is It Premature?

Alphabet (GOOG) Stock Weekly Chart  Alphabet (GOOG) rose by 4%, after Deutsche Bank raised its price target on the stock to $1400.  While this may be...

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