Ryanair Drops 16% on Weak Profit, Pessimistic Outlook: Why it May be Time to SELL RYAAY
Budget airline Ryanair (RYAAY) reported fiscal first-quarter results Monday morning that have the stock descending lower, continuing the concerning trend investors have been weathering over the past few months. The company is struggling with profitability as fares continue to come down. After-tax profits of 360 million euros ($392 million) represented a 46% dip year over year when compared to [...]
BE PREPARED FOR EARNINGS SEASON
Written by: Angela Akers Second quarter earnings season began last Friday in typical fashion with JPMorgan Chase, Citigroup and Wells Fargo releasing earnings first. The good news, all beat expectations on both the top and bottom lines. The bad news, net interest income, a measure of lending profits, fell for both Citigroup and Wells Fargo. Other companies followed with [...]
Weekly Market Recap: A Week of Highs, Lows, and IT Outages
Monday: The week started on a high note with anticipation of potential interest rate cuts this year, leading to gains across major indices. The Dow rose by 0.5%, the S&P 500 by 0.3%, and the Nasdaq by 0.4%. Tuesday: Sentiment was further boosted by strong earnings from Morgan Stanley and UnitedHealth, with the Dow jumping 1.9%, the S&P 500 [...]
How to Sell Covered Calls: Step-by-Step Guide to Selling Covered Calls
Of all the different ways you can make money trading options, selling covered calls is one of the most popular - and yet, one of the most complex and misunderstood stock investment strategies. While it offers substantial upside with fairly limited downside, actually selling covered calls involves many moving parts. That’s why we created this resource on how to sell [...]
CrowdStrike Outage Causes Worldwide Chaos, Shares Fall 9%: Should You Sell CRWD?
CrowdStrike (CRWD) is known as one of the leading cybersecurity companies in the world, tasked with safeguarding the likes of Microsoft Systems and many other massive businesses. Last night, though, the firm released an update that sent systems down around the world, leading to many flights being grounded. Windows PCs were stuck with the “blue screen of death”, or [...]
Dominos Drops 12% on Weak Revenue, Decreased Store Openings: Is it Time to Sell DPZ?
Domino’s Pizza inc. (DPZ) reported second-quarter earnings early Thursday morning. While the company’s profits surpassed analyst expectations, the focus was on a disappointing revenue miss. As a result, the stock is down more than 12% so far today. Here are the results: EPS: $4.03 per share compared to the $3.68 consensus Revenue: $1.098 billion compared to the $1.103 billion [...]
