Last week Costco (COST) reported fiscal Q4 results that were essentially in line with expectations, but the stock’s initial response was muted as it was up 42% on the year into the print, and trading …
Continue readingThe U.S. stock market had a whippy week, at its lows Thursday morning it was down 4% from last Friday’s close on a confluence of events, most notably weak services data and the growing chaos …
Continue readingLast night on CNBC’s Fast Money I called the chart of the Dow Jones Transports (TRAN) “one of the worst-looking charts in the market” .@RiskReversal calls this one of the worst-looking charts in the market …
Continue readingTaking a quick peek at the best performing sector ETFs ytd you get a sense that it is a pretty weird year for the S&P 500 (SPX) which is up 15%, but down about 5% …
Continue readingOnline brokerage companies are getting destroyed today on news that Charles Schwab (SCHW) is going commission-free on online stocks, etf and options trades. Per CNBC: Starting on October 7, Schwab, which holds about $3.72 trillion …
Continue readingLast week Nike (NKE) reported better than expected fiscal 2020 Q1 results, per Barron’s: Nike said it earned 86 cents a share on revenue of $10.7 billion. Analysts were looking for 71 cents a share …
Continue reading