Shares of companies like Abercrombie & Fitch and Signet are up by double digit percentage amounts after earnings beats By Tonya Garcia, MarketWatch A wave of retail stocks have rallied more than 10% Thursday, after companies reported second-quarter earnings that exceeded estimates, a move experts deem an overreaction, coming after a number of gloomy quarters and lowered expectations. “What we’re...
In question is the why. Not in question is the what. Sales of homes, new or existing, slumped last month, leaving consumers and investors wondering if it's all part of a bigger headwind. After all, we also learned a week earlier that July's housing starts and issued building permits were down from June's levels, rekindling a period of tepid readings....
In question is the why. Not in question is the what. Sales of homes, new or existing, slumped last month, leaving consumers and investors wondering if it's all part of a bigger headwind. After all, we also learned a week earlier that July's housing starts and issued building permits were down from June's levels, rekindling a period of tepid readings....
Think the recent setbacks for stocks are just a run of bad luck, or mere coincidence? BigTrends.com's founder and chief doesn't think so. And, perhaps more alarming, he suspects there's more downside in the cards… soon. In an interview with CNBC's Street Signs hosts on Tuesday evening, BigTrends' Price Headley commented on the mostly-bearish response to recent earnings reports, "I...
Think the recent setbacks for stocks are just a run of bad luck, or mere coincidence? BigTrends.com's founder and chief doesn't think so. And, perhaps more alarming, he suspects there's more downside in the cards… soon. In an interview with CNBC's Street Signs hosts on Tuesday evening, BigTrends' Price Headley commented on the mostly-bearish response to recent earnings reports, "I...
‘Though you might start buying when there is blood in the streets, you may soon realize that a lot of that blood is your own’ By Shawn Langlois, MarketWatch As a precocious teenage hedge-fund manager might say: “This is the worst downturn I’ve ever seen!” Yes, the stock market has finally started to weaken of late. Tuesday’s solid showing aside,...
‘Though you might start buying when there is blood in the streets, you may soon realize that a lot of that blood is your own’ By Shawn Langlois, MarketWatch As a precocious teenage hedge-fund manager might say: “This is the worst downturn I’ve ever seen!” Yes, the stock market has finally started to weaken of late. Tuesday’s solid showing aside,...
By Stephanie Landsman, CNBC A correction may be coursing through the stock market, Canaccord Genuity chief market strategist Tony Dwyer says, but he isn't turning bearish. In fact, Dwyer may be more bullish than ever. He predicts the markets are on pace to have a deep sell-off, and then vigorously bounce back. "Can this be something much more significant than...
By Stephanie Landsman, CNBC A correction may be coursing through the stock market, Canaccord Genuity chief market strategist Tony Dwyer says, but he isn't turning bearish. In fact, Dwyer may be more bullish than ever. He predicts the markets are on pace to have a deep sell-off, and then vigorously bounce back. "Can this be something much more significant than...
It may be up today (Tuesday), but Amazon.com shares began waving some serious red flags late last week, and the stock is hardly out of the woods yet. Feel free to put the stock on your watchlist of potential trading ideas; this one obviously has short/bearish potential. That's not why we're interested in taking a closer look at it for...
BECOME A BIG TRENDS INSIDER NOW!
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!
