We’ve been following second-quarter earnings results since late May. Now the seasonal pivot has shifted, with only a few scattered companies left to release their numbers before we transition to the August cycle. That means the next wave of 10-Q filings I’ll be studying over the next few days will reflect mixed signals: four weeks that capture the second quarter that’s already....More>>>
I cannot say that much has changed in the stock market over the last week, and our bullish bias will be maintained for 2017 as long as the S&P 500 remains over 2,205.
As I noted last week:
All year long, I have been telling anyone who has been willing to listen that the market is set up to rally this year, with an ideal ultimate target between 2,537 and 2,611 for 2017. And, even....More>>>
Office of Management and Budget Director Mick Mulvaney committed multiple serious federal budget and political sins the past two weeks that would have gotten any other cabinet member from a previous presidency fired. (Photo by Win McNamee/Getty Images)
Ask yourself these three questions:
1. How can the director of the Office of Management and Budget make an unprecedented $2 trillion....More>>>
Globalstar (NYSEMKT:GSAT) has been growing its total sales, but still struggles with its bottom line. 2016 revenue increased 7%,but another round of financing could be needed to keep things afloat, as operating margin is still deep in the red. The company is making some headway, but time could be running out for the satellite communications provider.
A hole that keeps getting deeper
Earlier today, we highlighted one analyst who compared Tesla Motors (TSLA) to New York City in the 1970s and recommended investors sell now. Baird’sBen Kallo andTyler Frank, however, see recent weakness in Tesla as a buying opportunity. In a note released yesterday, they explained why:
2016 Tesla Model S
Reiterate Outperform and price target of $338. We are buyers on recent....More>>>
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
It’s been a great year for stocks so it’s only natural to start looking for another one. Pay attention, and the investment prosfollowing companies the closest are already telling you where to put your money.
A USA TODAY review of estimates from Wall Street analysts collected by S&P Global Market Intelligence pinpointsthe sectors where profitand stock gains are expected to....More>>>
Columbia, MO, based Investment company Shelter Mutual Insurance Co buys BB&T, Gilead Sciences, sells 3M Co, Union Pacific, Emerson Electric Co, Teva Pharmaceutical Industries during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Shelter Mutual Insurance Co. As of 2017-03-31, Shelter Mutual Insurance Co owns 42 stocks with a total value of $326....More>>>
Kohls (KSS) is rising on Thursday, following its better-than-expected fourth quarter.
The retailer said it earned $1.44 a share on revenue that fell 2.8% year over year to $6.21 billion. Analysts were expecting earnings of $1.33 a share on revenue of $6.21 billion. Same-store sales slipped 2.2% in the quarter.
For the full year, Kohls said that it expects....More>>>
Laureate has sent enrollment figures through the roof at schools like Walden University. (Photo credit: Bobak Ha’Eri)
The largest for-profit college company on the planet raised $490 million in its public debut on Wednesday.
Laureate Education, an education juggernaut that is backed by big-name investors like Henry Kravis and Steve Cohen and counts Bill Clinton as its former....More>>>