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…
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) 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 $0.70 for earnings,…
Tech stocks have been the life blood of the bull market, especially the run higher over the last 2 years. But the recent selloff has caught investors attention. The bulls hope that the selling is morphing into consolidation… that will eventually breakout to the upside. But for now, the bears…
Gold futures futures declined sharply Tuesday and Wednesday, as the Dollar Index ($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…
The 10 Year US Treasury Yield is getting the attention of investors here around 3 percent. Well, it looks to be headed higher yet in the weeks, months ahead. Here are four chart views on the CBOE 10 Year Treasury Note Yield. Fibonacci Time Zones: Fibonacci Time Zones are vertical…
The major indices all broke out of basing patterns (triangles) with the Russell 2000 (RUT) Small caps finishing last week at a new all time closing high and the NASDAQ 100 (QQQ) only 2.4% away from a closing all time high. The S&P 500 busted out of its major triangle…
In this post, I’ll take a closer look at Biogen (BIIB) and share some thoughts on its price chart, along with some options ideas I’m looking at. I have a daily and weekly chart attached. $BIIB Daily chart 1. Shares closed above $280 for the first time in two months 2….
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 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…