Finisar Plunges After MKM Reports ‘Surprisingly Negative’ Checks
Shares of optical component maker Finisar (FNSR) have been weak since the open today after MKM Partners lowered estimates, pointing to its “surprisingly negative” channel checks. SURPRISING NEGATIVE: A recent look by MKM Partners revealed some “surprisingly negative” headwinds for the communications equipment maker, said MKM analyst Michael Genovese in a note out earlier. The […]
Agriculture Markets Report – Wednesday, April 19
A review of the day’s trading in the agriculture markets. Video Length: 00:11:37
This Indicator Shows How Long The Trump Effect On Markets Continues
Trump pushed severeal markets higher in November which is what most tend to call the ‘Trump effect’. We observed that primarily a market sector rotation took place: the Trump effect resulted in value outperforming growth. For April 2017, we forecasted that Trump effect on markets would continue based on 5 charts. So far so good, but the key […]
CSX Corporation Q1 Earnings Beat The Street As Sales Rise, Costs Fall
Written by StockNews.com CSX Corporation (Nasdaq: CSX) late Wednesday posted better than expected first-quarter earnings results, as higher revenues and cost cuts bolstered its top and bottom line. The Jacksonville, FL-based railroad operator reported: Q1 earnings per share (EPS) of $0.51, which was $0.08 better than the Wall Street consensus estimate of $0.43. Revenues rose 9.6% […]
Tar Sands In Canada Are On The Verge Of An Explosive Comeback
Energy investors wrote off Canada’s tar sands after oil prices plummeted 50% between 2014 and 2016. Even though the tar sands are loaded with a potential 300 billion barrels of oil, extracting the oil out of the sand is a costly, unprofitable process without higher oil prices. Until now… You see, one company operating in the tar sands has developed a […]
Technical Analysis Stock And Future Market Simplified Trading Day Trading Options
Video length: 00:03:55
Oil Reversal Disrupts Markets
Video length: 00:12:58 Stocks opened higher this morning shaking off more bad earnings this time from IBM. However, as the trading day progressed indices so lower highs and lower lows into the close. Oil sudden tumble midday sent shockwaves into the rest of the market. In tonight’s video, we will identify the single best opportunity […]
Defensive Sectors At The Top
Defensive sectors are on the rise and already control the top of the rankings. Real Estate, one of the new-era defensive sectors, has joined Utilities at the pinnacle, and the traditional defensive sector of Consumer Staples sits in third. None of the factor ETFs were able to increase their momentum scores this past week, and […]
If The Market Is In A Correction, How Severe Will It Be?
If the market is in a correction, how severe will it be? I have never been very good at determining price targets, but I think the moving averages are a good starting point. At the moment, the decline from the 50-day to the 200-day would be about a 5% decline. That sounds about right to […]
Everi Holdings – Chart Of The Day
The Chart of the Day belongs to Everi Holdings (EVRI). I found the gaming and payments stock by using Barchart to sort today’s Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy in 1/18 the stock gained 142.91%. Everi Holdings Inc. is a […]
