John Jagerson and Wade Hansen

John Jagerson and Wade Hansen

Recent Articles

Profit-Taking May Set Up Further Upside

FactSet is looking for more than 19% earnings growth for 2018, and companies are on target for a record-breaking number of earnings beats.

Trade of the Day: Southern Co (SO)

With Treasury yields rising once again — the 10-year Treasury yield (TNX) is climbing back up toward 3% — utilities companies like SO, which rely heavily on their attractive dividend yields to attract buyers, are starting to fall once more.

The Federal Reserve and Earnings

Until something causes a sharp move in the markets, keep your trading balanced and keep your eyes on the short-term time frame.

Trade of the Day: Activision Blizzard, Inc. (ATVI)

Friday's labor report bodes well for consumer spending. We like ATVI as it bounces up from support following earnings.

Trade of the Day: Salesforce.com (CRM)

As data and technology become increasingly important, companies like Salesforce.com (CRM) are likely to see continued growth, which makes them an ideal target for bullish traders.

Trade of the Day: SPDR Gold Trust ETF (GLD)

We like SPDR Gold Trust ETF (GLD) calls at this level as prices meet support near $124 per share, and our initial target is the top of the current channel near $128.

Investors Are Selling Into Earnings Strength

Nobody seems to be questioning the idea that the first quarter was a solid one. However, confidence that the coming quarters are going to be just as strong seems to be slipping a bit.

Trade of the Day: General Electric (GE)

We think that General Electric (GE)'s downtrend is likely to reassert itself and that the stock will break to new lows in the short term.

Trade of the Day: Cisco Systems (CSCO)

With Cisco Systems (CSCO) setting a new lower high, we anticipate that the stock is going to be dropping down to retest support at $43.

Bank Earnings So Far Have Been Great… Why Doesn’t the Market Care?

First-quarter earnings season kicked off with the latest reports from the big banks. So far, the bank earnings and revenue “headline numbers” have been excellent…