Tag: trading setups
Walmart Stock (WMT) Declines Toward $90 Price Target
Walmart's online sales growth appears to be slipping and that has been a catalyst in sending the stock price lower.
But as I often say,...
S&P 500 Futures Trading Update: Choppy Action
Stock Market Outlook for February 21, 2018
Hallmarks of mixed momentum are showing up in sideways price action that as traders deal with crosscurrents and divergent...
Stock Market Futures Trading Update For February 20
Broad Stock Market Outlook for February 20, 2018
The S&P 500 tested price resistance on Friday but could not overcome a key level. Now support levels...
S&P 500 Futures Trading Outlook: 2700 Level Looms Large
Broad Stock Market Outlook for February 16, 2018
Buyers remain in control after making a higher low on yesterday's dip. That dip saw S&P 500 futures...
Cisco Posts Strong Earnings, Stock Set To Rise In 1H 2018
Cisco (CSCO) rose as high as $45.43 in pre-market trading, an increase of 7.9%. The company reported earnings per share of $0.63 and total...
Baidu (BIDU) Pops On Earnings But Faces Cyclical Headwinds
Baidu (BIDU) reported earnings of $2.29 per share and revenue of $3.6 billion, which beat expectations of $2.05 per share and $3.4 billion. The...
Russell 2000 Elliott Wave Forecast: Higher Target Possible
The recent correction in U.S. stock indices is on par with expectations we described last October. Now we highlight some supports and targets to...
S&P 500 Futures Trading Outlook For February 14
Broad Stock Market Outlook for February 14, 2018
Stocks are running into price resistance this morning as crosscurrents prevail. Pullbacks should find buyers, but traders will...
Under Armour Stock Surges On Earnings… But It’s Not A Buy...
Under Armour (UAA) surged 15% after it reported earnings per share that met Wall Street estimates and exceeded on revenue, posting $1.4 billion versus...
Stock Market Futures Update: Bounce Helps Trapped Buyers
Broad Market Outlook for February 13, 2018
Cross currents are bringing choppy action as price resistance formations form. Traders need to be careful with buying extended...