The British pound had already been teetering on the brink of a breakdown due to Brexit tensions. But Monday was the trigger that pounded sterling down to nearly a 20-month low. Not since April of 2017 has the … [Read More]
Amid the general market wreckage of the past two-plus months, there are some stocks that are still doing just fine. One of these is Verizon (VZ) stock. Though it’s pulled back from the new 18-year high that was … [Read More]
It’s happened. The S&P 500 (SPX) has formed a technical ‘Death Cross’ pattern. Not since 2015 has such a bearish technical event occurred (in the eyes of technical analysts and traders). What is a Death Cross? A ‘Death … [Read More]
Altria Group (MO) has been making headlines again – this time as it discusses a potential investment in or acquisition of Cronos Group (CRON). Cronos is a firm focused heavily on marijuana production, and could be a perfect … [Read More]
As we noted one week ago here: Cisco Systems (CSCO) Stock Poised to Rise, Resume Bullish Trend, Cisco Systems (CSCO) stock was poised to rise and continue its bullish trend after temporarily pulling back. Well, it’s happened. Since … [Read More]
American Airlines Group (AAL) stock has been on the rise since its last earnings report on October 25th. The company beat earnings estimates slightly at that time. But what has been helping boost American Airlines and other key … [Read More]
The TLT ETF (iShares 20+ Year Treasury Bond ETF) has been on a bullish run since early November. U.S. government bond prices have been boosted as inversely-correlated government bond yields have recently come down sharply from their October … [Read More]
Cisco Systems (CSCO) stock has pulled back in the past two weeks along with many otherwise-strong tech stocks and the entire market. The solid bullish trend for CSCO, however, remains fully intact. Cisco’s last earnings release on November … [Read More]
Costco Wholesale Corporation’s stock (COST) has seen better days. The past two weeks have seen the stock pullback sharply along with the rest of the market. But we maintain that COST continues to be a strong buy, and … [Read More]
Let’s face it – crude oil and crude oil stocks have been getting absolutely killed lately. The price of U.S. crude oil (West Texas Intermediate) has swiftly fallen into bear market territory (generally defined as a decline of … [Read More]
