Tag: market cycles
Petrobras Stock Falls After Slashing Fuel Prices: More Downside Ahead?
Brazilian state-led oil company Petróleo Brasileiro traded 13% lower on Thursday morning, after the company temporarily lowered diesel prices by 10% late on Wednesday.
Petrobras...
Tiffany & Co Blazes 16% Higher On Earnings: Will It Fizzle?
Tiffany & Company (TIF) traded 16% higher on Wednesday morning, after reporting earnings that beat Wall Street estimates.
The company reported earnings per share of...
Micron (MU) To Buyback $10 Billion In Stock, Shares Rally
Micron Technology (MU) traded 7% higher on Tuesday morning, after the chipmaker announced a program to buy back up to $10 billion of its...
US Steel Stock (X) Falls On Easing Trade Tensions
US Steel (X) traded 5% lower on Monday morning, after trade tensions between the US and China eased dramatically over the weekend.
Treasury Secretary Steven...
S&P 500 Weekly Forecast: Cycles Point To More Chop
The S&P 500 (NYSEARCA:SPY) rally stalled last week, with the index falling -0.6%.
Can the bulls regain the momentum? Or will bears push stocks lower yet?
The week...
John Deere (DE) Rallies On Earnings, But Not Buying It Yet
Deere & Company (DE) traded 6% higher on Friday morning, after missing earnings and revenue expectations but raising guidance.
The company reported earnings per share...
Cisco (CSCO) Shares Lower On Earnings, Possible Double Top
Cisco (CSCO) traded 4% lower on Thursday morning, after reporting in-line earnings.
The company reported earnings per share of $0.66 and total revenue of $12.46...
Macy’s Stock (M) Rises On Earnings, But Likely Topping
Macy’s (M) traded 9% higher on Wednesday morning, after reporting earnings that beat Wall Street estimates.
The company reported earnings per share of $0.42 and...
Gold Drops as Interest Rates Rise, but Cycle Bottom is Near
Gold futures futures declined sharply Tuesday and Wednesday, as the Dollar Index ($DXY) is firming and interest rates are rising.
Gold has fallen below $1300...
S&P 500 Weekly Cycle Outlook: Time To Fade The Rally?
The S&P 500 (NYSEARCA:SPY) continued its push higher, rising +2.4%.
But the roller coaster ride may not be over just yet…
The week ahead should see stocks begin...
