Michael James
Why the “V-Shaped” Recovery Is “Fake News”
Stocks are up this morning following a pair of solid earnings “beats” from market bellwethers Coca-Cola (NYSE: KO) and IBM (NYSE: IBM). The Dow...
Macy’s Stock (NYSE: M) Facing Major Correction?
The S&P (+0.80%)and Nasdaq Composite (+2.00%) rose today while the Dow (+0.03%) closed flat. It was another odd trading session, marked by a strong...
VEREIT Stock (NYSE: VER) Nearing Quick Rally?
Stocks closed mostly flat today, concluding a volatile week with an indecisive trading session. Worse-than-expected Netflix (NASDAQ: NFLX) earnings kept the market limited as...
Did Netflix Earnings Just Signal Another Crash?
The “N” in FAANG has reported earnings. And as one of the market’s leading stocks, Netflix (NASDAQ: NFLX) needed to impress if the rally...
Oracle Stock (NYSE: ORCL) Approaching Sell-Off
Stocks stalled today after weekly jobless claims beat the consensus estimate. FAANG, with the help of Microsoft (NASDAQ: MSFT), dragged the market down as...
The S&P 500’s “Double Top” Could Be Trouble
Vaccine hopes were flying high today. Stocks soared, too, as bulls happily “bought the news” about a vaccine candidate from Moderna (NASDAQ: MRNA). The...
Is Crude Oil Going to Crash Again?
Stocks are up this morning following a Tuesday afternoon announcement from Moderna (NASDAQ: MRNA). The biotech firm says that its vaccine candidate showed a...
The S&P 500 Just Formed a “Double Top” Reversal Pattern
Moving on up?
That’s where investors seem to think the market’s headed after JPMorgan Chase reported an earnings “beat” this morning. Spurred on by strong...
Uber Stock (NYSE: UBER) in Serious Peril
Thought stocks were breaking out?
Think again.
After this morning’s surge, the market got crushed in the final hours of trading. The Dow, S&P, and Nasdaq...
Goldman Predicts Huge Earnings Miss for S&P 500
Stocks are soaring again this morning to start out a critical week of corporate revenues. Earnings season is here, and if Q2’s numbers don’t...