9 July, 2015 by The TZ Newswire Staff Comments Off on How to trade tech after Apple’s crummy day
How to trade tech after Apple’s crummy day
Apple shares touched a five-month low on Thursday after UBS released a note indicating that a slowdown in China could be a risk for the tech giant.
9 July, 2015 by The TZ Newswire Staff Comments Off on PepsiCo Is On A Cost Control Mission
PepsiCo Is On A Cost Control Mission
The beverage and snack giant’s second-quarter revenue declined considerably, but it continues to run a tight ship, benefiting shareholders.
9 July, 2015 by The TZ Newswire Staff Comments Off on Ulta Beauty Clears Buy Point, Criteo Presses Higher
Ulta Beauty Clears Buy Point, Criteo Presses Higher
Retail sector leader Ulta Beauty (ULTA) ended pennies below a 159.95 buy point in a flat base Thursday, after trimming a 2% gain to less than 1%. The stock has struggled in a flat range alongside the general market since March. Shares have been finding support around the 50-day moving average since May, which is an encouraging sign. The relative strength line hit a new high right before the breakout, which was another good sign.
9 July, 2015 by The TZ Newswire Staff Comments Off on CoreLogic, Advisory Board Break Out, Lack Volume
CoreLogic, Advisory Board Break Out, Lack Volume
CoreLogic (CLGX) broke out of a cup-with-handle base Thursday, but left investors with reasons to be wary. First, the breakout lacked volume. A valid breakout should be accompanied with volume 40% or more above average. Second, the handle in the base wedged upward, meaning the lows trended upward. That doesn’t provide the kind of final shakeout of weak holders that a valid handle should provide and is considered a flaw.
9 July, 2015 by The TZ Newswire Staff Comments Off on Will S&P 500 Firms With Large Foreign Sales See Less Profit In Q2?
Will S&P 500 Firms With Large Foreign Sales See Less Profit In Q2?
Will large companies with significant business outside America post smaller earnings increases in the second quarter than those that do less business outside the borders? One research firm says yes. A FactSet Research analysis published in late June notes that among companies in the S&P 500, the eminent benchmark for large-cap stocks, the estimated earnings growth rate for those that generate more than 50% of sales within the U.S.
9 July, 2015 by The TZ Newswire Staff Comments Off on Dialing For Dollars: Investors See Hope In Telecom
Dialing For Dollars: Investors See Hope In Telecom
Telecommunications, a sector that has lagged most others over the past 52 weeks, is starting to attract new looks. Sam Stovall, U.S. equity strategist for S&P Capital IQ, raised his investment outlook for the telecom service sector to overweight from underweight on Tuesday. And IBD’s Telecom-Fiber Optics industry group is ranked No. 13 among 197 groups based on six-month price performance going into Thursday, up from No. 136 six months ago.
9 July, 2015 by The TZ Newswire Staff Comments Off on Market volatility is here to stay: Experts
Market volatility is here to stay: Experts
Does the market volatility present a good buying opportunity or is it risk off right now? The pros weigh in.