Earlier this week I wrote about the Golden Cross pattern currently forming on the S&P 500 Index (Click here to read A Golden Opportunity for the S&P 500 on the Horizon). This bullish pattern, when completed, has some impressive bullish implications for the market, but aside from investing in an index-based exchange traded fund (ETF), [...]
The holiday season is upon us and retail stocks are in play. But we’ve already seen that high-end stores – such as Tiffany – are getting pummeled by poor outlooks. The discount store is in vogue and Costco Wholesale Corp. (NASDAQ:COST) fits the bill. COST reports earnings around December 8, with analysts expecting a modest [...]
Although earnings season has largely passed, next week’s calendar is hardly empty. In fact, a number of specialty apparel retailers – including Jos. A. Bank, American Eagle, Express, Coldwater Creek, Charming Shoppes, and lululemon athletica to name a few – are on the docket. One retailer we have on our screen is Aeropostale, Inc. (NYSE:ARO), [...]
Next week’s abridged earnings calendar contains a few big names, one of which is Hewlett-Packard Company (NYSE:HPQ). The embattled PC/printer giant reports on Monday (11/21) after the close. Analysts expect HPQ to earn $1.13 per share, a 15% decline from a year ago. That would mark the first year-over-year decline in profits since May 2009. [...]
Significant earnings reports continue to thin as earnings season wanes. This week has a retail bias, but tech is also in evidence. One such techie is NetApp Inc. (NASDAQ:NTAP), the data storage company. NTAP reports Q2 2012 earnings on Wednesday after the bell, with analysts expecting 59 cents per share. That’s a 14% increase from [...]
The earnings calendar may seem full this week … if you look only at the number of companies on the list. But “quality” is lacking, with the exception of Cisco Systems and a few of the major department store names. But one major Dow Jones Industrial component (along with Cisco) on the list this week [...]
The earnings schedule may seem full next week, but a closer look reveals only around 15 or so S&P 500 names on the list. Disney is the biggest name next week, although retail will take most of the attention with such names as Macy’s, Kohl’s, and Nordstrom. But there are some smaller companies worthy of [...]
Earnings season may be winding down, but there’s plenty left on the schedule to chew on. Sure, most of the big names have been to the confessional. But tradable opportunities are plentiful. One that we like for this week is QUALCOMM, Inc. (NASDAQ:QCOM). QCOM reports after the close on Wednesday, with analysts expecting earnings of [...]
Although the earnings schedule is full once again next week, the lineup lacks the sizzle (translation: tech and financials) of the past couple of weeks. It’s a week filled with insurers, energy, and food companies. But we’re not interested in sizzle. We want solid trades. That’s why we like Herbalife Ltd. (NYSE:HLF), the nutritional supplement [...]
This is another very busy earnings week, with dozens of S&P 500 companies reporting every day. Using our performance and sentiment filters, we’ve come up with a bearish take on Royal Caribbean Cruises Ltd. (NYSE:RCL). RCL reports on Thursday before the open, with analysts looking for $1.87 per share, a 14% increase from a year [...]