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...
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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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