Click on picture to enlarge The Hang Seng Index is now testing a support line that has been in play for nearly 40-years. From a technical analysis perspective, few times do you see a single support line that has been in play this long and tested multiple times for multiple decades. Even during the financial…
Let’s talk about what to watch out for this week…and where it may be leading. Video Length: 00:02:31
Disney is down over 8% from post-earnings highs for its biggest drop since at least Oct 2014 and back at 2-month lows… The Happiest Place On Earth… isn’t… Click on picture to enlarge Having greatly rotated from AAPL to DIS, where does the smart money run now?
LendingClub Corporation (LC – Snapshot Report) was up nearly 6% following the release of second-quarter 2015 results on Aug 4, after the market closed. Adjusted earnings of 3 cents per share significantly outpaced the Zacks Consensus Estimate of a loss of 2 cents. Moreover, earnings came in substantially above the prior-year quarter figure of 1 cent. Results benefited…
(Photo Credit: Tesla Motors Image Library) Tesla (TSLA), the electric vehicle manufacturer will report its FQ2 ’15 results after the market close today and both Estimize and Wall Street are predicting a fall in EPS QoQ. Year-to-date (YTD), Tesla has performed well for investors providing a capital return of 19.75% relative to the Nasdaq index which…
The shares of Etsy (ETSY) are plummeting during the early trading on Tuesday after reporting disappointing financial results for the second quarter. The stock price of the online marketplace for crafts and vintage products was down more than 22% to $14.95 per share at the time of this writing around 10:14 A.M. in New York….
As I milled around the counters last Sunday during a private shopping event, I was reminded how much fun it is to try out new products. Certainly the roughly $400+ billion beauty industryhas realized to great effect that the concept of a makeover and the lure of a new look can generate profits. If the consumer likes a…
SodaStream International Ltd. (SODA – Snapshot Report) makes beverage carbonation systems which transforms tap water into soft drinks and sparkling water. SodaStream’s products are primarily sold at major retail stores like Kohl’s, Corp, Macy’s and Bed Bath & Beyond. The U.S. carbonated soft drink (CSD) market is facing troubles as consumers are shifting away from traditional soda toward…
The US stock market recovery has been led by the surging Nasdaq. The tech-dominated index has consistently generated strong returns, and for the year to date the Nasdaq has grown 8.2%. This has been led by strong performance from the top 6 Nasdaq stocks including Google (GOOG), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), Gilead Sciences…
There have been two indicators of the US labor market today. The ADP estimate was disappointing coming in at 185k. The consensus was for 215k. It was the smallest increase since April and is the fourth reading below 200k this year. It was below 200k only once in 2014. The private sector nonfarm payrolls has…
