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 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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U.S. markets settled higher following the “official” start to the 3Q earnings season, which saw better than expected results from the Healthcare and Financial sectors. The solid start to the earnings season trumped concerns about a report that China aims to have the U.S. roll-back some existing tariffs before committing to added agricultural purchases.The major indexes once again pushed...
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