Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
The S&P 500 SPY just surged past the 2,950 resistance-level after testing it on 3 separate occasions. The recent rally was catalyzed by economic optimism as well as hopes of more monetary and fiscal support. Now the 2,950 resistance has pivoted to a support level as the S&am
It may be time to place a bet on gambling stocks. There is a lot of pent up demand to take risk and spend some money, with the world stuck at home for the past couple months. Legal gambling is the perfect place to satisfy that desire. Casinos are slowly but surely opening across
Facebook FB stock surged over 6% to hit brand new highs Wednesday, as Wall Street gushes over its latest e-commerce push. The social media powerhouse announced on Tuesday its new “mobile-first shopping experience” called Facebook Shops that could help it compete against the
The bear market is over, and a new bull market has begun!The Dow, on March 26th, after just 11 days in bear market territory (the shortest bear market ever), came roaring back, gaining more than 20% from its lowest close, officially exiting their bear and beginning a new bull ma
Technology stocks continued to advance Wednesday afternoon, with the SPDR Technology Select Sector ETF climbing 2.2% while the Philadelphia Semiconductor Index was rising 3.7% in late trade.
Technology stocks were advancing in Wednesday trading, with the SPDR Technology Select Sector ETF climbing 1.9% while the Philadelphia Semiconductor Index was rising 3.3%.
Even though FAANG and most of the big cap stocks have already reported first quarter earnings, that doesn’t mean we’re done hearing from the large companies.
It has been about a month since the last earnings report for Steel Dynamics (STLD). Shares have added about 8.9% in that time frame, outperforming the S&P 500.
A month has gone by since the last earnings report for BancorpSouth (BXS). Shares have lost about 4.3% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for Cadence Design Systems (CDNS). Shares have added about 14.6% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for Halliburton (HAL). Shares have added about 49.5% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for Hexcel (HXL). Shares have added about 2.5% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Ally Financial (ALLY). Shares have added about 12.6% in that time frame, outperforming the S&P 500.
A month has gone by since the last earnings report for Bank of Hawaii (BOH). Shares have lost about 2.8% in that time frame, underperforming the S&P 500.