Tag: market cycles
CVS Stock Rallies On Growth Plans, Cycles Point Higher
CVS Stock "Weekly" ChartÂ
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.Â
While this may be...