Tag: market cycles
Nike Soars 12% But Stock Nearing Short-Term Resistance
Nike (NKE) traded 12% higher on Friday morning, after reporting earnings that beat Wall Street expectations. Year to date, NKE shares have increased nearly...
Walgreens Beats On Earnings But Soured By Amazon Acquisition
Walgreens Boots Alliance stock price (NYSE:WBA) traded -10% lower on Thursday morning, after Amazon announced that it had agreed to purchase online pharmacy PillPack.
After...
Crude Oil Prices Rally But Cycles Suggest Correction
Crude Oil futures and the US OIL ETF (NYSEARCA:USO) traded 3% higher to nearly $73 on Wednesday morning, after the US government continued its...
Akamai (AKAM) Falls On Earnings: Buying Opportunity?
Akamai Technologies (AKAM) traded down -5% on Tuesday morning, after lowering its guidance for Q2 earnings.
The company changed its guidance for Q2 earnings per...
S&P 500 Outlook: Market Cycles Point To Coming Correction
The S&P 500 (NYSEARCA:SPY) was hit by increased volatility last week, closing the week down -1.0%.
Stocks may bounce a bit this week... but that should trigger...
Red Hat (RHT) Drops 12 Percent, Signaling Major Top
Red Hat (RHT) traded -12% lower on Friday morning, after beating Wall Street earnings estimates but missing on guidance.
The company reported earnings per...
Automakers Warn That Tariffs Will Hit Profits, Shares Fall
General Motors (GM) fell 2.5%, along with other automakers, after Daimler AG (ETR: DAI) warned that its earnings would be negatively impacted by the...
Starbucks (SBUX) Stock Slides, As Cycle Turns Lower
Starbucks Corporation (SBUX) traded -8% lower on Wednesday morning, after announcing that it would close 150 US coffee shops in the 2019 fiscal year.
That...
Boeing (BA) Falls On Trade Concerns, Cycles Turn Bearish
Boeing Company (BA) Stock Chart with Weekly Bars
As Boeing Dips on Trade Concerns, Market Cycles Suggest More Downside
Boeing (BA) traded 4% lower on...
S&P 500 Market Cycle Outlook: Trade Tensions May Bring Selloff
The S&P 500 (NYSEARCA:SPY) continued to push higher last week, closing the week up by +1.6%.
This has the Bulls feeling pretty good… however, the week ahead...