Tag: market cycles
Blackberry Investor Outlook Strengthens on Earnings, But Stock Price Overbought
Blackberry (NYSE: BB) soared 13% on Friday, after the company posted earnings that beat Wall Street expectations.
While we see further upside, we believe that...
Skechers Stock Pops On Upgrade, But Downside Risks Lurking
Skechers (SKX) rose by 3% on Wednesday, after a Susquehana analyst upgraded the stock.
However, we believe the downside risks may weigh through the end...
Activist Investors Wake Up Bed, Bath, and Beyond’s Stock
Bed Bath & Beyond (BBBY) soared 21% on Tuesday, after activist investors announced plans to replace the board and management.
While we do see further...
S&P 500 Forecast Turns Choppy As Stocks Form Intermediate Top
Look for another week in which rallies fail, as stocks continue to build an intermediate top. The S&P 500 (SPX) fell 21 points last...
Nike (NKE) Issues Weak Guidance, Topping to End Market Cycle
Nike (NKE) fell 6% on Friday, after the footwear maker posted earnings that beat Wall Street expectations but included disappointing guidance.Â
Furthermore, the stock’s market...
Has This Economic Cycle Reached Its Tail?
We asked a few friends what the picture below looks like, and most told us they saw a badly drawn bird with a wide open...
FedEx Stock Falls On Poor Earnings, More Downside Risk
FedEx Corporation (NYSE: FDX) sank by 3% on Wednesday, after the delivery company posted earnings and guidance that missed Wall Street expectations.Â
We see more...
AMD Soars on News it Will Service Google’s New Gaming Platform
Advanced Micro Devices (NASDAQ: AMD) soared 11% on Tuesday, after Google (NASDAQ: GOOGL) confirmed it will provide the semiconductors to power its new gaming...
Stock Market Cycles Point to a March / April Rollover
The S&P 500 (SPX) rose last week, up 79 points to 2822, an increase of 2.9%.
The stock market rebound that started late last Friday...
Broadcom Stock (AVGO) Surges On Outlook: More Upside to Come
Broadcom (NASDAQ: AVGO) rose 10% on Friday morning, after the company posted mixed earnings and revenue guidance that beat Wall Street expectations.Â
As the stock...