Recent Articles
Trade of the Day: Starbucks (SBUX)
Today, we are opening a bullish trade on Starbucks (NYSE:SBUX) as the stock retests short-term support. Support in the $52-$53 range is holding following some mild selling last week, which has created an interesting entry opportunity.
Trade of the Day: Guggenheim CurrencyShares British Pound (FXB)
If Britain can't obtain favorable trade arrangements with the EU, the British economy is going to suffer, the Bank of England (BOE) may need to try and stimulate the economy and the value of the British pound is going to fall.
Can the Longest-Ever Bull Market Keep Going?
A look at the treasuries suggests that the good times are not over for the stock market yet, and you should ride this bull market.
Trade of the Day: J.B. Hunt Transport Services (JBHT)
J.B. Hunt Transport Services (JBHT) broke up through the $123 level on Monday, and we now expect the stock to climb back up toward the daily high of $130 the stock reached briefly on July 16.
Trade of the Day: AbbVie (ABBV)
In 2017, Humira raked in $18.9 billion in sales for AbbVie (ABBV) and, according to the company’s latest earnings announcement, that sales rate grew by 10% year-over-year during the second quarter.
The Beginning of Another European Crisis?
Investors fear that the troubles in Turkey could have a negative ripple effect on other parts of the world market, but this should ultimately not end the bull market.
Trade of the Day: General Motors (GM)
After a disappointing earnings announcement in late July, General Motors (GM) is completing its second bearish continuation pattern in the past two months as traders continue to lose confidence in the stock. We are looking for GM to drop back down to its March lows below $35 during the next few weeks.
Everyone Loves Earnings Season … Except Energy Stocks
Energy stocks just aren't getting the push from earnings that other stocks are, thanks to oil prices falling -- but the bullishness for the rest should continue.
Trade of the Day: Bank of America (BAC)
Now that the stress of the Federal Reserve’s “stress tests” are in the rearview mirror, financial stocks are climbing higher, as they are now free to pay larger dividends and buy back more stock as they move forward with their capital plans, and Bank of America (BAC) is no exception.
Trade of the Day: Cemex (CX)
Cemex (CX), a company that produces and sells cement, ready-mix concrete and other construction materials, reported earnings last week and, on the surface, the news looked pretty good. The earnings-per-share (EPS) numbers were a bit better than average estimates, but revenue was a little low.
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