Tag "trading ideas"

Under Armour Stock Surges On Earnings… But It’s Not A Buy Yet

Under Armour (UAA) surged 15% after it reported earnings per share that met Wall Street estimates and exceeded on revenue, posting $1.4 billion versus the $1.3 billion expected. In addition, management announced that it would continue the restructuring efforts it started in 2017 to refine key components of its operations….

Lululemon Stock (LULU) Rallies Following CEO Resignation

Lululemon Athletica (LULU) was up 3% Wednesday morning, as CEO Laurent Potdevin resigned from his position, in part due to a relationship with a female subordinate. This was not the sole reason for the resignation, but one instance in which Mr Potdevin fell short of the company’s integrity standards, lacking…

Weekly Stock Market Video: Making Sense Of The Selloff

Wow, what a crazy week!  Stock market volatility came back in a big way, reminding investors that the market can still go down! The S&P 500 fell 3.8%, while the Nasdaq declined 3.5%.  And the Dow Jones was down 665 points on Friday alone. It’s time for traders to dig in……

PayPal and eBAY News Highlights Stocks Headed In Separate Ways

PayPal and eBay no longer friends? PayPal Holdings (PYPL) announced earnings of $0.55 per share yesterday, which exceeded Wall Street expectations of $0.52 per share. However, the stock was trading lower as their forward guidance did not meet expectations. Things got worse when eBay (EBAY) announced that it would begin…

Juniper Networks Provides Weak Guidance, Stock Falls Post-Earnings

Juniper Networks (JNPR) drops 10% as it beat on earnings and revenue but provided weak guidance. The company posted earnings of $0.53 per share versus expectations of $0.52 and revenue of $1.24 billion versus an expected $1.23 billion. However, Juniper Networks forecast Q1 earnings of $.25 per share versus expectations…

DeMark Trading Overview Into Tech Earnings $FB $GOOGL $AMZN $AAPL

A quick look at what the stock charts are saying about 4 very popular large cap tech stocks heading into their earnings this week. The stocks include Facebook (FB), Google (GOOGL), Amazon (AMZN) and Apple (AAPL). Note that this analysis is a brief, chartless look using DeMark analysis, counts, and price…

Starbucks (SBUX) Revenue Misses, Stock Heading Lower

Starbucks Corporation (SBUX) is trading lower by 5% after missing on revenue projections during their 4Q earnings release. SBUX reported earnings of $0.65 per share, which handily beat the analyst consensus of $0.57 per share. However, Starbucks revenue missed the mark, coming in at $6.07 billion, which missed the consensus…

Jet Blue (JBLU) Falls On Earnings But Looks Like A Buy

Jet Blue Airways (JBLU) was down as much as 4% in early morning trading action after it missed on earnings and beat on revenue. On Thursday morning, JBLU reported earnings per share of $0.32 and total revenue of $1.8 billion, compared to $0.34 and $1.75 billion respectively. Is Jet Blue…

United Airlines (UAL) Declines Despite Earnings Beat

United Airlines (UAL) tumbled 10% even though it beat Wall Street earnings estimates. After yesterday’s market close, UAL reported earnings per share of $1.40 and total revenue of $9.4 billion, compared to estimates of $1.34 and $9.43 billion respectively. However, United management said it planned to increase capacity to grow…