Carnival Cruise Lines has been dipping on news that one of its ships spilled 5900 gallons of gray water into the ocean at Port Canaveral. The incident doesn't actually pose any risk, however, because the EPA is not imposing any penalties. Accordingly, I expect CCL to recover soon, with a bounce in the 46.50-48.10 area. Entertainment, leisure, and hospitality has...
The increase in Dark Pool Quiet Rotation™ as Buy Side Institutions lower inventories of CSCO shares has weighed heavily on the stock price in the past few weeks. This does not bode well for the CSCO earnings report.
Sempra Energy had a strong Earnings Report, with a turning point from negative to solid profitability. Sempra is moving up with some Dark Pool Quiet Accumulation.
Despite rising gasoline prices at the pumps, Exxon Mobil did not have a strong Earnings Report. The stock remains in a downtrend, with support at a previous technical low.
Although Apple news claimed that the company “beat expectations,” the stock gapped up and quickly reversed, then moved down further. This is due to their Guidance for the next quarter. Many companies are able to beat the analysts’ estimates, but forecast lower for next earnings season.
Next week starts the earnings season in the US (the second quarter of 2019). Leading US stock indices currently show historical highs, but analysts are quite skeptical about the upcoming financial results from leading companies. According to a survey conducted by S&P Global Market Intelligence, it is expected that almost all 11 sectors of the S&P 500 index will...
The Hershey Company gapped on a solid earnings report. However, the recent run is a shrinking run candlestick pattern. This warns of hidden large lots selling against the smaller lot buyers.
ROKU gapped and ran in a long white candle pushing through prior highs’ resistance easily. ROKU recently had a strong earnings report. This pattern completes the bottom formation.
AXP has moved above the resistance of prior years' all-time highs, and it is now at a new high. American Express moved out of the range after its earnings report. Pro traders are in the mix.
Ford Motor Company has been in an intermediate-term bottoming formation that completed recently. The stock gapped after a strong earnings report. The stock has sustained the gains from the gap. The stock may shift sideways or consolidate before resuming an uptrend.
Prior to its earnings report, Google's stock had been running speculatively. There were warnings from Google about its report that were ignored by smaller funds and the retail crowd. Google had a massive HFT gap down the following day.