Tag: market cycles
Market Cycle Indicators Lose Mojo, But Remain Bullish
The economic data is certainly starting to normalize, which was largely expected and will continue.
From an economic perspective the last 24 months have seen...
S&P 500 Index Faces Bearish Cycle and DeMark Exhaustion
Over the past 4 months, a 32-calendar day Low-to-Low cycle has formed for the major stock market index the S&P 500.
This cycle has to...
Market Cycle Indicators Remain Bullish On Strong Global Economic Data
With the global economy on the up-trend, it is not surprising that market cycle indicators remain healthy and elevated.
Leading indicators are rising at a...
Bitcoin Cycles Point To More Volatility In Weeks Ahead
Bitcoin has been all over in the headlines, following last week's nosedive and ensuing volatility. Last weekend, I shared my concerns about bitcoin over...
Estée Lauder (EL) Earnings Miss Likely a Stock Bottom
Estée Lauder (EL) reported earnings last Thursday, posting an adjusted loss of 50c which missed consensus forecasts of a 19c loss
Revenue came in at...
Tesla 5:1 Stock Split: Cycles Point to Limited Upside
Tesla (TSLA) Weekly Chart
On Tuesday afternoon, Tesla (TSLA) announced a 5:1 stock split.
While this adds no incremental value to the stock, TSLA rallied 11.6%...
Deutsche Bank Downgrades Pan American Silver (PAAS) – Cycles Point to...
The metals saw heavy liquidation on Tuesday.
Front month Gold futures traded lower by over 5 percent, Silver futures by over 13 percent and Platinum...
WYNN Resorts Stock Turns Higher as Macau Begins Issuing Visas to...
Casinos such as Wynn Resorts (WYNN) and Las Vegas Sands (LVS) have been struggling as a result of the COVID-19 pandemic.
But both stocks received...
Disney (DIS) Posts a Surprise Profit – Cycles Point to an...
Walt Disney (DIS) reported earnings after the bell on Tuesday.
Disney reported adjusted EPS of $0.08, which beat consensus estimates of -$0.64. Revenue came...
Seagate Technology (STX) Misses Earnings – Cycles Point Lower for Stock
Seagate Technology (STX) reported earnings after-hours on Tuesday.
The company reported adjusted EPS of $1.20, which missed consensus estimates of $1.29. Revenue came in at...