Best Buy (BBY) Still Unable to Produce Revenue Growth Electronics retailer Best Buy (BBY) may have grown its bottom line and topped earnings estimates last quarter, but nothing else about its Q3 results or its Q4 outlook were acceptable in the eyes of investors, who sent BBY shares sharply lower on Thursday. All told, Best Buy earned an adjusted 41 cents...
Strong Q3 Numbers From Home Depot (HD), Lowe's (LOW) Say Consumerism is Alive and Well Were it just one OR the other to top its third-quarter earnings estimates, it might be easy to dismiss those strong results and agree that U.S. consumers are losing their will and ability to spend. To see both Lowe's (LOW) AND Home Depot (HD) beat...
Candlestick Trading Patterns: Shooting Star While a stock's or index's momentum can be compelling to a trader, unexpected reversals can quickly wreak havoc on what appeared to be a smart decision. One effective way to spot potential reversals is by careful review of the shape of the bars of that trend. Specifically, one can glean a great deal of subtle...
Wal-Mart Stores (WMT) Gambles On Changing Its Black Friday Strategy Wal-Mart Stores (WMT) isn't interested in going overboard to win the Black Friday war this year, and judging from the stock's response to the announcement last week, investors are none too happy about it. And, given a couple of quarters of lackluster earnings and the subsequent 32% year-to-date pullback from...
Candlestick Trading Patterns: Shooting Star While a stock's or index's momentum can be compelling to a trader, unexpected reversals can quickly wreak havoc on what appeared to be a smart decision. One effective way to spot potential reversals is by careful review of the shape of the bars of that trend. Specifically, one can glean a great deal of subtle...
Relative Strength Index (RSI) The relative strength index, often abbreviated as RSI, is a straightforward technical analysis tool designed to indicate what's it name would suggest… the strength (or weakness) of a stock's or index's recent performance in relation to its average, longer-term performance. It should not be confused with a technical tool simply called relative strength, which compares a...
Credit Spreads Credit spreads are a relatively simple option-trading strategy, made attractive by the fact that they generate income right at the trade's initiation, have a defined maximum loss, and can benefit from time decay rather than be adversely impacted by it. Conversely, credit spreads have a defined maximum gain – the initial credit. Credit spreads use two options per...
Credit Spreads Credit spreads are a relatively simple option-trading strategy, made attractive by the fact that they generate income right at the trade's initiation, have a defined maximum loss, and can benefit from time decay rather than be adversely impacted by it. Conversely, credit spreads have a defined maximum gain – the initial credit. Credit spreads use two options per...
J.C. Penney (JCP) Shares Remains Stuck in Rut Despite Clear Sales, Earnings Progress Retailer J.C. Penney (JCP) fared measurably better than expected last quarter, in terms of earnings as well as sales. But, the company's unwillingness to raise its same-store sales-growth forecast for the full year torpedoed the stock. In its third fiscal quarter of 2015, J.C. Penney posted a...
Cisco's (CSCO) Post-Earnings Tumble Can't Be a Complete Surprise Networking giant Cisco (CSCO) may have topped last quarter's earnings and revenue projections, as well as reported top and bottom line growth compared to year-ago levels. But, the outlook for the current quarter wasn't good enough, sending CSCO shares lower in after-hours trading Thursday and on Friday. In the third quarter...
