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...
S&P 500 Futures Trading Update: Watch Your Levels!
Broad Stock Market Futures Outlook for May 24, 2018
As volume drifts lower, buyers defended the tests of support in our range defined across the futures...
Dow Jones Home Construction Index: Trouble Is Brewing
After topping in January 2018, the stock market has become a bumpy ride.
We endured a correction on most major stock indexes and are now...
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...
Russell 2000: Bulls Charging Toward Next Elliott Wave Targets
We wrote at the end of March that we believed the correction in equities was almost over and that the Russell 2000 Index in...
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...
Is IBM Stock Heading Into The Buy Zone Again?
Over the past couple years, I have written several posts about IBM.
And in most instances I was looking for opportunities to get LONG the...
Don’t Look For A Rebound In CBOE Shares Just Yet
On May 4th, CBOE Global Markets (CBOE) reported better than expected results, topping expectations for EPS and revenue for the first quarter.
Despite the positive...
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...
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...
