Рубрика: Stock analysis

Stock analysis

Best Buy Stock Probing All-Time Highs

Best Buy Co., Inc. (BBY) defied retail sector bears on Thursday morning, rallying to an all-time high following a three-month test at 11-year resistance near $60. The stock has outperformed its brick-and-mortar peers for many months, cutting costs in a brutally adverse sales environment while enhancing its online portal to compete more effectively with Amazon.com, […]

Jeweler Stocks in Rally Mode After Strong Quarters

Tiffany & Co. (TIF) and Signet Jewelers Limited (SIG) reported solid second quarter results on Thursday morning, lifting off summer lows in recovery waves that could pick up steam in coming weeks. Signet’s results look stronger than those of its rival at first glance, beating quarterly estimates while raising fiscal year 2018 guidance. Tiffany also […]

Currency ETFs: Technical Trade Levels to Watch

Most major currencies have rallied against the U.S. dollar (USD) in recent months, although that is not the case for all currencies. The Canadian dollar and Australian dollar have seen their values increase significantly over that time frame, while the British pound is slightly lower since May. The outlook for all these currencies has improved […]

Best Buy Stock Poised to Break Out Ahead of Earnings

Best Buy Co., Inc. (BBY) shares moved to upper trendline resistance on Wednesday amid expectations for solid quarterly financial results. After strong channel checks, Jeffries analysts believe that the electronics retailer will match the high end or exceed same-store sales estimates, which could translate to 2.5% or higher same-store sales growth. Best Buy is expected […]

PetMed Express Stock Breaks Down Amid Accusations

PetMed Express, Inc. (PETS) shares fell more than 15% on Wednesday before recovering some of their losses by the end of the day. Huffington Post published an article suggesting that the war on opioids was moving to veterinarians’ offices, while Aurelius Value made a stronger claim that the company’s favorable performance over the past two […]

These REITs Look Techinically Strong

Real estate investment trusts, or REITs, are a way to add some dividend income to a portfolio, but that doesn’t mean giving up capital gains. The following REITs have been in strong uptrends throughout the year, and recent pullbacks (which look to have ended) may provide an opportunity to get in for another rally. The […]

Taser Parent Under Pressure After Reuters Exposé

Axon Enterprise, Inc. (AAXN), Taser’s new corporate identity, has failed to benefit from a law and order president and a Department of Justice committed to supporting police officers. The stock has slumped badly throughout 2017, drifting near the midpoint of a two-year trading range while showing few signs of heading higher or lower. That could […]

FedEx Stock Nears Major Buy Signal

Transportation giant FedEx Corporation (FDX) could issue a strong buying signal in coming days, ending an orderly correction that is now testing strong support at the 50-day exponential moving average (EMA). Market timers and trend followers could benefit from that portent, opening positions or adding shares to a blue chip leader already in breakout mode […]

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