Chartology

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 of $3.14 and total revenue of $9.75 billion, which came in below analyst expectations of $3.30 and $9.84 billion. They cited higher than expected costs…

Treasury Bonds Top Heavy, But Sliding Into Support Area

Almost two years ago, we focused on a measured move target and the 145 area as potentially strong resistance and topping points for Treasury Bonds and the ETF TLT. You can read that post and retrace our analysis here: “TLT Price Target In View As Treasury Bonds Stretched” Here’s an…

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 billion, just above analyst expectations of $0.65 and $12.43 billion. Likewise, they provided guidance for next quarter of between of $0.68 and $0.70 for earnings,…

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 and is currently trading around $1290 per ounce. The Dollar is rising along with interest rates – The yield on the 10-year note has surged…

Stock Market Update With DeMark Indicators: More Sideways Ahead?

For much of 2018, the stock market has been trading sideways with a high degree of volatility. This in part due to the ongoing correction / consolidation. So, where are we now? From a DeMark indicators standpoint, the primary posture of the secular bull market which began in 2009 hit…

ShotSpotter (SSTI) an Unfortunate, but Necessary Tech Innovator

ShotSpotter Stock Research (SSTI): Company Fundamentals and Outlook ShotSpotter is a $285M Company that provides gunfire detection solutions to help law enforcement and security personnel in gun violence situations enabling an effective and efficient response. It currently has more than 10,000 sensors deployed and more than 85 cities with 510…