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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...
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U.S. markets finished lower on Friday as weakness in the blue-chips and disappointing comments from Fed officials weighed on the major indexes. Developments from overseas concerning Brexit and soft economic news out of China also hindered momentum.The overall market pullback overshadowed better-than-expected earnings ahead of the open and comes ahead of a flurry of results over the next couple of...
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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...
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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...
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