Tag "stock chart analysis"

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 $1.14 and total revenue of $1 billion, far exceeding analyst expectations of $0.83 and $958 million. For the fiscal year, Tiffany now projects earnings 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 stock. This would equate to 16% of the company’s outstanding shares. “Micron is executing well on its production roadmaps and steadily closing the cost/competitive gap,” noted…

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 stock for a swing trade. At certain junctures, there have been hints, using a technical analysis technique called ‘ratio analysis’, that IBM has the potential…

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 results, the stock is down over 14% year to date. Whether it is warranted or not, Volatility Index (VIX) and other tracking ETF’s and ETN’s…

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 Mnuchin announced on Fox News on Sunday that the “trade war” between the US and China is now “on hold.” Both sides have agreed to…

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…

T2 Biosystems (TTOO): A Potential Multi-Bagger

T2 Biosystems (TTOO) Stock Research: Fundamentals & Technicals T2 Biosystems (TTOO) has a $245M market cap, a niche diagnostics company aiming to be a player in a few large and growing markets. TTOO is expecting just $11.1M in sales in FY18, though up 137% from the previous year, and is…

S&P 500 Futures Trading Update: Market Drift

Broad Stock Market Futures Outlook for May 17, 2018 We are in a bit of a fade to support in larger intraday time frames, so the breach of yesterday’s lower high will be important to the resumption of bullish trend. Oil continues to accelerate higher. Gold is stabilizing around 1284 for…

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 total revenue of $5.5 billion, above analyst expectations of $0.36 and $5.4 billion. They expect earnings for FY18 to be between $3.75 – $3.95, compared…