Image Source: UnsplashIn this video, I review how the market completely flipped gears following a lack of follow-through selling into Friday’s session. I also discuss my favorite setups from Friday’s session and my game plan with those setups.00:11:47More By This Author:Green Day Has The Right Idea As September Seasonality Comes In HotAre We Having Fun Yet? Stocks Sell Off On Massive VolumeIndices Continue To Follow Through On The Selling...
Veeva Systems (VEEV) recently announced its quarterly results that continued to impress the market. Vault CRM continues to remain the buzz word for Veeva as Salesforce gears up for more direct competition with it. Veeva’s Financials Veeva’s second quarter revenues grew 15% to $676.2 million, ahead of the Street’s forecast by 1.3%. Non-GAAP EPS was $1.62 was also better than the Street’s estimates of $1.53.By segment, Subscription services revenues grew 19% to $561.3 million. Professional and other services revenues were reduced by 4% to $114.9 million.For the Commercial Solutions segment, Subscription revenue grew 12% to $271.8 milli...
Image Source: PixabayWhat has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street’s best analysts during the trading week of Sept. 9-13, 2024. First, here are the top 5 buy calls of the week. 1. Meta Platforms Initiated With a Buy at DA Davidson DA Davidson initiated coverage of Meta Platforms (META) with a Buy rating and a $600 price target. The firm calls Meta a top pick within the mega-cap space, citing its “combination of emerging leadership in the most important future technology platforms and an attractive relative valuation.”Aside from Alphabet (GOOG...
Image: BigstockWhen stocks are cruising at or nearing all-time highs, it often reflects considerable bullishness in trends where buyers are in control. Stocks making new highs tend to make even higher highs, particularly when analysts’ positive earnings estimate revisions come rolling in. That’s been precisely the case for Intuitive Surgical (ISRG – Free Report), SharkNinja (SN – Free Report), and DaVita (DVA – Free Report), all of which maintain favorable Zacks Rank ratings and have been trading near 52-week highs. Let’s take a closer look at what’s been driving the bullish behavior. SharkNinja Shar...
Image Source: PixabayThe correction appears to be over. In this video, I discuss how gold, silver, and the miners and juniors look set to head higher.00:12:11More By This Author:Next Leg Higher Starting In Gold & Gold Stocks Gold & Gold Stock Fundamentals Will Be Strongest In 2025Precious Metals Crushed But Gold Strengthens In Real Terms...
Image Source: PixabayAs part of an ongoing series, we will take a closer look at one of the stocks from our stock screeners and briefly review why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks in our screens is Comcast Corporation. Comcast Corporation (CMCSA) Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 63 million US homes and businesses, or nearly half of the country. About 50% of the locations in this territory subscribe to at least one Comcast service.Comcast acquired NBCUniversal from General Electric in 2...
Image Source: PexelsNvidia (NVDA) just isn’t the big deal it used to be. So say a growing number of financial analysts and commentators after the last month or so’s movement. It might have been all they talked about for the past two years-plus, but now that Nvidia’s stock isn’t climbing astronomically anymore – and has actually seen some significant and repeated drops – they’re finally willing to acknowledge that other investment opportunities exist.To quote Yahoo Finance’s Tuesday edition of Morning Brief, “While S&P 500 has still largely mirrored the overall contours of Nvidia’s fortunes – and vice versa – the...
The overwhelming answer by economists to the opening question is yes. Your mileage may vary.Join millions of traders who are making better decisions with FINVIZ*Elite.Access real-time quotes, advanced charting, and customizable alerts to stay informed and react quickly to market changes. Benefit from 24 years of historical data to refine your strategies. Join millions of traders who are making better decisions with FINVIZ*Elite. Join millions of traders who are making better decisions with FINVIZ*Elite.Short-Term Opportunity for the FedThe Fed has an opportunity and an excuse under its dual mandate to cut rates.And it will because the Fed h...
Today you will see NAS100 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for NAS100. What to expect where the price will breakout for the NAS100 based on the supply and demand zones.Video Length: 00:03:14More By This Author:GOLD Daily Analysis, XAUUSD Analysis & XAUUSD Forecast – Friday, September 13 Gold Reached 2525.80, Next Move Follows, XAUUSD Analysis & XAUUSD Forecast GOLD Targeting Next Resistance, XAUUSD Analysis & XAUUSD Forecast – Wednesday, September 11...
Infrastructure Spending BoomThe U.S. recently kickstarted a multi-trillion-dollar, multi-decade infrastructure spending boom that has a chance to become the most dominant trend on Wall Street. The new age of infrastructure includes AI data centers, revamped electricity grids, energy efficiency, and much more.Compounding megatrends across technology, energy, deglobalization, and beyond create a potential once-in-a-lifetime opportunity for investors to ride the wide-ranging infrastructure spending spree.The U.S. committed nearly $2 trillion to broader spending efforts across energy and infrastructure in the last several years. On top of that,...