Traders continue to surprisingly laugh in the face of China’s economic slowdown, which is in large part being fueled by the trade war with the U.S.And as long as the world’s second-largest economy doesn’t completely nosedive, the laughing will probably persist, say Wall Street pros.Markets are more focused (and more upbeat, subsequently) on how global economic slowdowns will drive stimulus...
Continue reading >>
The holiday shopping season is right around the corner, and all the biggest tech companies are coming for your wallet.In the past two months, Google has revealed new Pixel phones, Microsoft has launched Surface tablets and laptops, Facebook has introduced a new smart display called Portal along with Oculus VR headsets and Amazon has rolled out a bunch of gadgets that work with its voice...
Continue reading >>
U.S. markets were in a holding pattern on Wednesday following the latest round of earnings reports and slightly weaker-than-expected economic news. The major indexes traded in tight ranges before closing mostly lower with the small-caps showing strength.The slack session was a slightly bullish signal as Financials and the Transports closed higher and are important sectors that will need to lead...
Continue reading >>
...
Continue reading >>
...
Continue reading >>After a poor third quarter earnings report, and a reduction to its outlook, ULTA fell out of favor with investors – and fast. In fact, investors forced the stock from a high of $340 to $230 However, it now appears the stock is greatly oversold – with great insider buying to boot. Over the last week, CEO and Director Mary Dillon bought $308,000 worth of stock. Director Charles Heilbronn also...
Continue reading >>