Lowes Struggles With Dwindling Sales, But Reaffirms Full-Year Outlook: Time to Buy the Stock?
Lowes (LOW) reported second-quarter earnings in Tuesday morning’s trading session. So far, the news has sent shares more than 4% higher as the company may be suffering from a setback in sales but remains optimistic and upheld its full-year outlook. Revenue for the fiscal second quarter came in at $24.96 billion, which was just shy of the $24.99 billion [...]
Can You Time The Market? YES!!
By Steve Chappell, Global Head of Trading Systems Development for VectorVest, Inc. It has always been ironic to me that seemingly everyone on Wall Street says, “You can’t time the market,” and then proceeds to make predictions about its future. Somewhere along the way, market timing became a myth, or worse, a total investing taboo. So, you’d be forgiven for [...]
Palo Alto Networks Gains 15% After Upbeat Earnings & Forecast: Should You Buy This Stock?
Over the past month or so, shares of Palo Alto Networks (PANW) had fallen more than 15%. Analysts and investors alike sent the stock into a downward spiral, overreacting after the company scheduled its earnings call for a Friday. There is no question that this is a rare occurrence, but investor sentiment can be a fickle beast. All it [...]
SELLING STOCKS SHORT
Written by: Angela Akers The US Fed meeting minutes were released this week and they were more hawkish than anticipated causing interest rate concerns to resurface. Additionally, the global economic concerns that have permeated the last several weeks intensified this week with more bad news for China, the world’s second-largest economy. So, we’ve experienced another downtrodden week in the [...]
Hawaiian Electric Stock Tanks on Concerns of Wildfire Liability: Cut Losses or Weather the Storm?
The wildfires in Maui are officially the most deadly in the US in the last century, claiming the lives of more than 110 people so far. People have already rushed to assign blame - citing blunders by the city’s emergency chief, the mayor, and now, Hawaiian Electric (HE). Shares of the state’s energy provider have tanked more than 32% [...]
Lyft CEO Puts His Money Where His Mouth Is With $1.1m Stock Purchase: Should You Follow Suit?
Lyft (LYFT) has been trending positively over the past few months, and CEO David Risher has decided to hop aboard with an insider purchase of $1.15m in company stock. He flat out said, “I’m putting my money where my mouth is”. The purchase works out to 100,000 shares of the company’s common stock. Risher just took over this year [...]
