Tag: stock chart analysis
5 Stocks Reporting Earnings This Week (JPM, UNH TSM, NFLX, SLB)
Earnings Season really heats up this week.
Several large cap industry leaders report earnings across key sectors.
Today we discuss the most important names reporting this...
General Motors (GM) Drives Higher, Stock Price Builds a Base
General Motors (GM) Stock Weekly Chart
General Motors (NYSE: GM) rose Friday morning, trading 8% higher after raising guidance.
After slipping from its highs, we...
Macy’s Stock Tanks: Look for a Bounce… Then More Pain
Macy’s (M) Stock Weekly Chart
Macy’s (M) sold off on Thursday morning after the retailer warned that it would not meet its previous guidance for...
Union Pacific Stock (UNP) Chugs Higher, But Upside Limited
Union Pacific Corporation (UNP) Stock Weekly Chart
Union Pacific (NYSE: UNP) soared on Tuesday morning, trading 10% higher, after the railroad company announced its...
Louisiana Pacific (LPX) Downgraded, Stock Cycles Point Lower
Louisiana-Pacific Corporation (NYSE: LPX) tanked on Wednesday morning, trading 6 percent lower.
The decline comes in large part due to a Merrill Lynch downgrade of...
It’s All About Alphabet (GOOGL): A Look At Bellwether Stocks
In fall of 2017, I was becoming a bit disillusioned with the FANG stocks trade.
Sure, this group of stocks had been clear leadership, but...
Is the NYSE Composite Signaling Difficult Times Ahead?
The NYSE Composite (NYA) is testing the bottom of its 12-month trading range this month.
In fact, it's breaking down and out of it... it's...
Dow Theory Concerns? Transportation Stocks Make New Lows
The bull market is experiencing its first real test since the 2014/2015 stock market correction.
Volatility is high and key sectors are heading lower.
One such...
Adobe (ADBE) Sinks, as Market Cycles Point Lower into New Year
Adobe's stock (NASDAQ: ADBE) traded 6% lower on Friday morning, after posting mixed earnings compared to Wall Street expectations.
Based on market cycles for Adobe...
Ciena (CIEN) Pops on Strong Earnings, Further Gains Likely
Ciena Corporation (NASDAQ: CIEN) soared on Thursday morning, trading 10% higher. The company posted earnings that handily beat Wall Street expectations.
Based on market cycles, we...
