By Lizzy Gurdus, CNBC Some of 2020's outperformers are seeing a December disconnect. Shares of Salesforce.com, FedEx, D.R. Horton, Regeneron and Costco have fallen under pressure this month despite beating the S&P 500's 15% year-to-date gain: Two market analysts told CNBC's "Trading Nation" on Tuesday that these were simply "overdue" pullbacks for a group of largely investable names. "Although they're...
Happy Derby! It's always my great pleasure to share my annual Kentucky Derby selections and commentary. First, let's start off with an updated table of past Derby winners below, with their speed ratings and final tune-up race. My analysis of past data indicates that horses with strong 100+ speed ratings in preparatory races have a better probability of winning the...
If there's something seemingly hinky about the way the market's been acting of late – even through July – you're not crazy. This has been a very unusual environment. What's odd about it? Everything's going up. Stocks (including foreign stocks), bonds, commodities (especially gold), are all well up from their March lows. The graphic below puts things in perspective. Since...
If there's something seemingly hinky about the way the market's been acting of late – even through July – you're not crazy. This has been a very unusual environment. What's odd about it? Everything's going up. Stocks (including foreign stocks), bonds, commodities (especially gold), are all well up from their March lows. The graphic below puts things in perspective. Since...
– Amazon has been scorching to the upside, leaving many investors stunned at the stock's move. Are shares about to take a break? Let's look at the chart. – By Bret Kenwell, TheStreet.com Amazon.com (AMZN) has been on fire, rallying almost 6% on Monday and topping $3,000 for the first time. After moving lower by 1.6% at one point on...
By Lizzy Gurdus, CNBC Shipments are surging. Shares of FedEx soared nearly 12% on Wednesday after a stronger-than-expected earnings report fueled by a pandemic-driven pickup in home deliveries. While Covid-19 shutdowns still ate into the company's profits, particularly those it gets from its more lucrative business-to-business clients, residential shipments made up for some of the pain. The action marked FedEx's...
We’ve continued to attempt to warn investors of the risks ahead for the US and global markets by generating these research posts and by providing very clear data supporting our conclusions. Throughout the entire months of May and June, we’ve seen various economic data points report very mixed results – and in some cases, surprise numbers as a result of...
– Rite Aid rallies more than 20% after a top- and bottom-line beat. Despite the move, the stock could have more upside from here. – By Bret Kenwell, TheStreet.com As the stock market gyrates between positive and negative territory, Rite Aid (RAD) shares were firmly in the green. The stock was up about 20% Thursday following its quarterly results. Rite...
We warned about this move many months ago and just 6 days ago we issued a research post suggesting Gold had cleared major resistance and would start a rally mode to push above $2000 – possibly above $2100. Well, guess what happened right after we made that statement? Yup – Gold started to rally higher and is currently trading near...
Recently, the US stock market rallied to new all-time highs which prompted an almost immediate celebration. A day later, the US stock markets reacted by setting up multiple top rotation patterns. The next day, a moderate price rally set up after the US Fed decreased rates by 25 basis points. The next day, the markets sold off dramatically with heavier...
