Recently Bloomberg commented on a newly released study by Hendrik Bessembinder regarding how many global stocks that actually perform well. Variations of this study have been done by a number of different academics and practitioners – all with fairly similar conclusions – many stocks are duds. Two years ago, an Arizona State University professor made waves Read more ➝
A Nasdaq Sell signal is imminent.
Humans are irrational—even predictably so. Knowing where clients go wrong, how to identify when they do, and what to do about it doesn’t just allows us to help them overcome their quirks and biases—it can help them boost their bottom line. In an analysis done by Dalbar looking back over the past 20 years, the Read more ➝
Microsoft (MSFT) reports earinsg on Thursday. In FAANG and related stocks, MSFT continues to be a standout. NFLX has competition and content reduction, AMZN has seen competition from WMT and also cloud spending slowdown, GOOG faces political backlash along with slowing compartive results, FB faces similar issues currently, along with lower usage rates. We’ve seen a high amount of call buying recently, heavily bullish-biased flow as shares Read more ➝
Bristol-Meyers Squibb broke what was strong support on another day of pharma sell off. Builders fared much better as the Fed talks reduced interest rates.
SHAK adds to gains since we highlighted it on June 26th. This Top Ranked gives its 6th buy signal. Iron Mountain, on a sell signal since 2009(!), broke lower today.
Two media companies break out to all new highs. Only one is in a good place for adding to portfolios. Palo Alto Networks looks ready to run. Other stocks present buy signals also.
Lattice Semi, a Top Ranked stock, broke out today. Others also showed strength, but may need to retrace some gains for better entry positions.
A real estate stock looks attractive, having been in a positive trend since 2009. It has a potential 5:1 reward to risk ratio. Bearish trade ideas also in focus include a cruise line and a drug stock.