In August shares of Target (TGT) broke out to a new all-time high, trading up 20% the day following their Q2 earnings. After consolidating for nearly three months, holding all of the gains, the stock …
Continue readingStay on Target (TGT)
Click to explore
Back on November 1st, after reporting a surprise Q3 miss, shares of Pinterest (PINS) declined 17%, trading below its April IPO price of $19 for the first time ever, and down nearly 50% from its …
Continue reading
Shares of Square (SQ) rallied more than 3% yesterday, and are up another 4% today, sparked by a positive mention from Bank Of America analyst, per Bloomberg: The analyst mentioned the stock’s underperformance and poor …
Continue reading
I have read a few notes this morning suggesting that Crowdstrike (CRWD), the cybersecurity outfit that went public last year on the Nasdaq at $34 might be a way to play the renewed tensions with …
Continue reading
Large volume technical breakouts of long bases can be one of the most bullish chart patterns, where a flip can be switched, long term resistance becoming meaningful support. Last year shares of Disney (DIS) broke …
Continue reading
Its that time of year for financial market pundits… reviewing the year that was and forecasting the year to come. I don’t find S&P 500 (SPX) targets particularly useful unless I feel there has been …
Continue reading
After more than ten years appearing as a panelist on CNBC’s Options Action program, Friday’s was my last. In April on my ten year anniversary, I wrote about my experience (First on CNBC), but without …
Continue reading