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Anadarko Stock Pops After Colorado Vote, But Don't Expect It To Last Long: Chart
Thursday, November 8, 2018 - 1:50pm | 4821Read More...Anadarko Petroleum Corporation (NYSE: APC) traded over 5 percent higher on Wednesday after Colorado voters rejected drilling limits. However, APC’s market cycles point to continued weakness in the coming weeks. Colorado Proposition 112 was voted down 57 percent to 43 percent, with...
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Eastman Chemical Announces Start Of MDIPA Unit In China
Wednesday, November 7, 2018 - 4:48pm | 258Read More...Eastman Chemical Company (NYSE: EMN) recently announced that it has successfully started its methyldiisopropanolamine (MDIPA) unit in Nanjing, China. Per the company, the new product will be mainly sold in the home care industry. The MDIPA project highlights the company's commitment...
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Square Pops On Citi Upgrade, But Market Cycles Point Lower
Tuesday, November 6, 2018 - 3:23pm | 4939Read More...Square Inc (NYSE: SQ) traded 4 percent higher on Tuesday morning, after Citigroup upgraded the mobile payment company from neutral to a Buy rating. However, our analysis of the stock’s market cycles indicate that downside risk will persist before it is able to move higher again. Analyst...
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E-Cigarette Maker Juul Labs Is Now Worth $15 Billion
Monday, November 5, 2018 - 2:49pm | 239Read More...Juul is a booming e-cigarette company thanks to its popularity with teens and young adults. Juul is currently valued at $15 billion after a recent funding round. The company's growth is meteoric. Juul's dollar share of e-cigarette sales soared to 53 percent from 16 percent at the...
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Apple Drops 7% On Weak Guidance, But Technical Risk Still Remains
Friday, November 2, 2018 - 1:39pm | 4956Read More...Apple Inc. (NASDAQ: AAPL) was trading 7 percent lower Friday afternoon after posting earnings that beat Wall Street expectations. We believe this downside risk will continue in the coming weeks, before the stock resumes its upward trend. The consumer electronics company reported...
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DowDuPont Rallies 8% After Earnings, But This Chart Shows Risk Through Early 2019
Thursday, November 1, 2018 - 3:29pm | 4803Read More...DowDuPont (DWDP) traded nearly 8% higher on Thursday after posting mixed earnings compared to Wall Street expectations. The chemical company reported earnings per share of $0.74 and total revenue of $20.1 billion, compared to analyst estimates of $0.72 and $20.2 billion. Also, as the...
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Amazon Plunges On Weak Q3 Sales, And This Chart Shows More Risk Ahead
Friday, October 26, 2018 - 2:26pm | 4828Read More...Amazon.com, Inc. (NASDAQ: AMZN) traded 8 percent lower on Friday morning, after beating Wall Street expectations for the bottom line but missing on the top line. The e-commerce company reported earnings per share of $5.75 and total revenue of $56.6 billion, compared to analyst estimates...
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Tesla Accelerates After Turning A Profit, And This Chart Shows Even More Room To Run
Thursday, October 25, 2018 - 3:06pm | 4782Read More...Tesla Inc (NASDAQ: TSLA) traded 9 percent higher on Thursday, after posting earnings that smashed Wall Street expectations. The electric car maker reported earnings per share of $2.90 and total revenue of $6.8 billion, compared to analyst estimates of ($0.03) and $6.1 billion. Tesla sold...
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Podcast: Should You Buy The Cheap Home Builder Stocks?
Thursday, October 25, 2018 - 2:51pm | 174Read More...Stocks have pulled back, hitting some of the growth and momentum names hard. But that doesn't mean value stocks have been immune from the sell off, far from it. Banks and the home builders have been hit especially hard, with many of those stocks now in bear market corrections, down 20 percent...
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Tezos Gains On Speculation Of Listing On Coinbase
Wednesday, October 24, 2018 - 3:24pm | 384Read More...Tezos has had a rough ride ever since its Initial Coin Offering (ICO), which raised $232 million. The Tezos Foundation battled some obstacles including a high-profile “Crypto-Valley” legal dispute over its ICO, which moved forward in federal court in San Francisco in August 2018. XTZ...
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Podcast: FAANG Stocks In The Spotlight As Earnings Season Trudges Along
Tuesday, October 23, 2018 - 2:57pm | 584Read More...In this episode of Zacks' Tech Talk podcast, Ryan McQueeney discusses the state of the FAANG stocks as Q3 earnings season continues to heat up. Notably, the host provides previews for two FAANG members — Amazon.com, Inc. (NASDAQ: AMZN) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL)...
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Why It Might Be Time To Buy The Dip In Tech ETFs
Tuesday, October 23, 2018 - 2:52pm | 627Read More...Wall Street, which had a pretty strong third quarter, has not seen a smooth opening to the fourth. There was a brutal selloff in early-October, thanks apparently to rising rate concerns, and since then the market has remained edgy. The slump was primarily triggered by tech blues as panic-selling...
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Raytheon Wins $62M Deal To Support AMRAAM Program
Tuesday, October 23, 2018 - 2:44pm | 208Read More...Raytheon Company (NYSE: RTN)'s Missile Systems business division recently secured a $62-million cost-plus-incentive-fee option contract for the Advanced Medium Range Air to Air Missile (AMRAAM) program. The modification program provides for the exercise of options with regard to Phase 5...
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Some Key Funds May Be On The Precipice
Monday, October 22, 2018 - 5:33pm | 261Read More...Volatility’s on the rise this month, and three popular ETFs are trying to hang on. The Market Vectors Semiconductor ETF (NYSE: SMH), S&P SPDR Financial ETF (NYSE: XLF) and S&P SPDR Energy ETF (NYSE: XLE) had all slammed down to apparent support levels earlier in the year. At the same...
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Stellar Lumens Breaks Above Ichimoku: Can Ripple Be Beaten?
Thursday, October 18, 2018 - 3:01pm | 380Read More...Stellar Lumens (XLM) was the among the only winners in top 10 major cryptocurrencies on Wednesday with its 5.9 percent gain. It outperformed Cardano (ADA) by almost 3 percent, while Ripple’s (XRP) didn’t quite impress the market participants with its 0.36 percent gain. How do...

