Weekly Market Outlook – Traders Will Have to Show Their Cards Soon

More of the same from the market last week, which is neither a good thing or a bad thing. Stocks have been stuck in a narrow sideways trading range since mid-December, and that's yet to change. Indeed, if anything the range has become slightly tighter. The good news is, the indices are reaching a point where there's not a lot...

Weekly Market Outlook – Traders Will Have to Show Their Cards Soon

More of the same from the market last week, which is neither a good thing or a bad thing. Stocks have been stuck in a narrow sideways trading range since mid-December, and that's yet to change. Indeed, if anything the range has become slightly tighter. The good news is, the indices are reaching a point where there's not a lot...

A Question All Netflix (NFLX) Shareholders Should be Asking

Kudos to Netflix (NFLX) for another strong quarter of subscriber growth, and congratulations to NFLX owners who have benefitted from the bullish response to that report. Specifically, NFLX is up 5% and into record-high territory on the heels of news that Netflix added 5.1 million members last quarter, which is the biggest quarter – in terms of growth – the...

A Question All Netflix (NFLX) Shareholders Should Be Asking

Kudos to Netflix (NFLX) for another strong quarter of subscriber growth, and congratulations to NFLX owners who have benefitted from the bullish response to that report. Specifically, NFLX is up 5% and into record-high territory on the heels of news that Netflix added 5.1 million members last quarter, which is the biggest quarter – in terms of growth – the...

U.K. Retail-Sales Slump Hints at Cracks in Brexit Boom

Sales drop 1.9% from November, far more than forecast Accelerating inflation may damp consumer spending this year By Jill Ward, Bloomberg U.K. Chancellor of the Exchequer Philip Hammond told a Davos gathering on Friday that an inflation pickup will put a damper on consumers this year. The first signs may already be appearing. Less than an hour before Hammond spoke,...

U.K. Retail-Sales Slump Hints at Cracks in Brexit Boom

Sales drop 1.9% from November, far more than forecast Accelerating inflation may damp consumer spending this year By Jill Ward, Bloomberg U.K. Chancellor of the Exchequer Philip Hammond told a Davos gathering on Friday that an inflation pickup will put a damper on consumers this year. The first signs may already be appearing. Less than an hour before Hammond spoke,...

Chart: IBM Under Heavy Pressure

After an initial post-earnings bounce, IBM is headed for a gap-lower open. By Gary Morrow, TheStreet.com IBM (IBM) initially surged following its better-than-expected earnings report before losing momentum early in the overnight session. Heading into Friday's opening bell, the stock is headed for a very damaging gap-lower open and is leaving behind a ominous top near $170. If the stock...

Chart: IBM Under Heavy Pressure

After an initial post-earnings bounce, IBM is headed for a gap-lower open. By Gary Morrow, TheStreet.com IBM (IBM) initially surged following its better-than-expected earnings report before losing momentum early in the overnight session. Heading into Friday's opening bell, the stock is headed for a very damaging gap-lower open and is leaving behind a ominous top near $170. If the stock...
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