The bearish mood is perhaps understandable — the Ethereum Merge became a “sell the news” event, and along with macro triggers contributed to a fresh risk asset flight. Now, analysts are considering the chances of the downtrend staying in place at least until the Fed rate announcement passes. “BTC has chopped through the weekend, but there's always the potential...
there is a chance eth myt go long following the breakout of that liquidation zone .best wishes.
Lets see if it gonna break any snr and how many Any snr break it will continue in to the next one
FLIR Systems makes high-tech imaging systems. The stock has been selling off since its last earnings report, despite the fact that earnings and guidance both beat analyst estimates. Perhaps the selloff was because the company failed to issue forward guidance, or perhaps it was because free cash flow took an 18% hit last quarter and FLIR announced a 2.5% debt...
Allstate is one of my top picks in terms of both value and sentiment. In terms of technicals, it's a classic potential trend line breakout play. Value After a significant selloff this year, Allstate is still trading near the bottom of its 3-year valuation range in P/E, P/S, and P/D terms. The company is financially healthy, with a 78/100 score for financial...
I've just finished reading through Moody's analysis of Friday's Fed stress test of banks. Honestly, a lot of it was over my head. However, from what I can tell, it looks like Credit Suisse may be the best positioned of the big banks to weather this crisis. In the Fed models, CS survived with more Tier 1 capital than any other bank, beating most of them by a wide...
I was watching this yesterday hoping it would bounce off of 50 EMA. Today, it looks like it confirmed the bounce and so I took a small position at $63.33. I set the stop-loss to $62.20 (1.78%) and the first profit level at $64.75 (2.24%). This is a relatively small gain from what I usually aim for, but that's ok. A lot of analysts are also saying that this is a...
On January 2, I predicted that the SPY would rip higher because of extremely strong earnings and revenue growth forecasts for 2020. It's still true that analyst projections are high: Q1 earnings growth of 5.0% and revenue growth of 4.4%, and Q2 earnings growth of 6.6% and revenue growth of 4.9%. That compares to just 0.3% earnings growth for the entire year in...
Shoe store company Foot Locker trades at an attractive forward P/E of 7.73, with a dividend yield of 4%. Analysts expect the company to grow its earnings over the next 2 years. The stock's been a little sluggish lately, but it's starting to show signs of momentum ahead of its January 17 ex-dividend date. Now may be the time to buy the stock to capture the dividend.
Home Depot's momentum has definitely been slowing lately, and the stock dipped hard after its latest less-than-stellar earnings report. However, the stock often dips before its dividend and then bounces after. With the stock going ex-dividend today (0.63% quarterly yield), it may be time for a bounce buy. December is usually a good month for Home Depot stock, and...
Eaton Vance has had some analyst upgrades recently and now sits at a 9.3/10 analyst summary score. Its valuation is rated 85/100 by S&P Global Intelligence. It has beaten analyst estimates on its last three earnings reports, and analyst forecasts of EV's earnings have been improving. Fair value on EV is now conservatively something like $52 per share. Plus, EV's...
With Beyond Meat finally having returned to its IPO-day price range, the stock finally looks fairly valued. BYND may stay here for now, but if its earnings outlook improves then it could once again explode higher. I think this stock has a lot of upside potential in the next two years, with analysts currently forecasting huge earnings growth. The current analyst...
Chinese retailer VIPS has been on a massive run lately, and is now pulling back from overbought on the weekly. The stock has formed two upward trend lines, one steeper than the other. We may break the steepest trend line and bounce from the secondary one. VIPS started 2019 at a low valuation, and over the course of the year has seen a roughly 100% increase in its...
Zumiez reported better-than-expected earnings, and as a result, analysts have been revising the earnings outlook upward. I'm targeting about $37 per share for my exit based on the current earnings forecast. Zumiez rocketed after the earnings announcement, but has been dropping since. I've identified four possible bounce levels; we're already at the first. Scale in...
With gold moving higher and the market looking bearish this week, analysts and options traders are looking bullish on Sandstorm Gold. Options traders are looking for about $8.00 per share by the end of next week, and analysts have boosted the stock's summary score from 2.2/10 to 9/10 over the last month. Sandstorm honestly looks overvalued to me, with a P/E of 112...
J. Alexander's dropped hard from 11.69 to 9.50 before its earnings report, but it got a huge positive surprise (200%), reporting a profit rather than a loss, and rallied back to 10.50. After a technical pullback to 10.00, I expect the stock to move higher again from here. The earnings surprise was so large that I think we'll see the stock head all the way back up...
Paysign has been in a decline lately, despite a series of earnings beats and really strong earnings growth. With some recent analyst upgrades, the stock is rated 9.1/10 by analysts. With several recent upgrades, sentiment seems to be improving. S&P Global Intelligence scores it 85/100 for its valuation, although both the P/E of 81.55 and the forward P/E of 43.62...