The market is clearly taking its lead from the buzz surrounding the tax reform vote as futures spent the overnight session on a dizzying roller coaster ride. This morning’s trade is less exciting with the major indices trading mixed; however, there are still a number of popular stocks that are moving into potentially dangerous short-term trends.
Last week, Jensen Huang led GPU major NVIDIA Corporation (NASDAQ:NVDA) reported its fiscal 2018 third-quarter earnings crushing analyst estimates once again. NVIDIA delivered a massive beat on both top line and bottom line numbers even surpassing the high end of the analyst estimates. The Santa Clara, California based company posted an EPS of $1.33 per share on a revenue of....More>>>
Small cap high-definition video solutions stockAmbarella Inc (NASDAQ: AMBA) reported fiscal Q2 2018 earnings after the Thursday market close with results beating expectations, but shares are now falling as much as 13% in premarket trading. Revenue rose 10% to $71.6 million and GAAP net income was $3.3 million versus GAAP net income of $8.6 million. Total of cash, cash equivalents and marketable....More>>>
Futures are indicating a break in the rally as investors take stock of how quickly we’ve seen the rally lift stocks. From a technical perspective, the market remains in an overall trading range as we’ve not seen a technical catalyst that can sustain a trend higher in the S&P 500 Index. In all likelihood, that catalyst won’t come until the next earnings season which....More>>>
It easily could be a tough day for stocks, as traders are worrying about Spar-a-Lago and moping about yesterdays ugly finish.
Why exactly does the stock market keep wallowing below its March 1 peak?
Analysts have a list of potential culprits: the Donald Trump-Xi Jinping summit that starts today in Florida, fears that tax cuts wont come soon, and the Feds plans to pare back its stockpile....More>>>
On Thursday, shares of chip maker Advanced Micro Devices (NASDAQ:AMD) initially started higher, before a sharp pullback caused the stock to lose more than 5.3% by day’s end. The cause of the drop was blamed on the falling cryptocurrency ethereum, which dropped throughout the trading day. Unfortunately for investors in the stock, the craziness surrounding digital currencies has separated....More>>>
The stock market has spent much of the early summer months “melting higher” as investors have been hesitant to push their cash into a market that refuses to budge from all-time highs. Of course, we know there are always quality stocks to buy out there, regardless of what the market is doing.
Breakout stocks, comeback stocks, you name it....More>>>
AT&T Inc. (NYSE:T) has been on fire, rallying over 15% since November 1. However, T stock price is still down more than 9% so far for 2017. So is it time to get in on this recent momentum or take a pass on the telecom giant?
Editor's Note: Identifying the catalysts that sent successful tech stocks soaring can help you spot pending rocket riders before they ignite. That's why we're revisiting Michael's case study on Tesla's meteoric ride in 2013. Here, he reveals the five specific "spa
Technology stocks took off with the rest of the market on Monday as the Tax Reform rumors gave investors reason to shovel more cash into the market. The one-day bump has put the sellers into the driving seat again as end-of-year tax selling and profit-taking are likely to drive prices over the n
Investor confusion about Apple (NYSE: AAPL) choosing Finisar (NYSE: FNSR) to provide VCSEL sensors in Apple iPhones has caused FNSR to fall recently and this is providing an excellent entry point into the stock.
Based on DCF analysis, we anticipate a Finisar share price of $29 in the seco
Mid cap mobile device and smartphone stock BlackBerry Ltd (NASDAQ: BB) reported fiscal Q3 2018 earnings before the market opened on Wednesday with shares closing up 11.96%. Revenues were $226 million versus$289 million. There was record software and services revenue of $199 million (non-GAAP) an