Starbucks (SBUX) continues its growth, even as Howard Schultz announced his resignation as CEO of the company. When a decorated CEO that helped to turn the company around from its financial “woes” leaves, the short-term affect is usually nominal. But longer-term, investors may be in a “wait and see” approach. […]
I recently had a friend on Facebook ask what I thought about a particular stock. Instead of responding on FB with a chart, I decided I would breakdown the share price with a couple of charts and also provide some links as appropriate. The stock was Vericel Corporation (VCEL). This is a […]
The financial sector has been “en fuego” the last several months. This article will be a first look at one of its components, the Goldman Sachs Group (GS). In the short to medium term, the Federal Reserve appears poised to raise interest rates more than one time this year. In […]
When the Walt Disney Company (DIS) purchased the Star Wars franchise from George Lucas, I remember thinking at the time that the purchase was an awesome one. After all, when you are a media company, it is all about the content. Or to rephrase it, “content is king”. Without the […]
Apple (AAPL) reached the lower price target range that was established in this previous update: Apple (AAPL) 10/28/2016 – Post-Earnings Analysis That lower price target I mentioned was looking for Apple to correct to was the 200 Day moving average. I said “do not be surprised to see Apple re-test […]
I posted a weekly chart for Gilead Sciences (GILD) in the Idea Chamber a couple of days ago. I mentioned that it appeared to be forming a complex Double Zig-Zag wave pattern. I say complex because it is one of the tougher patterns to identify in a real-time situation. However, […]
As I have mentioned in previous articles, oil prices are expected to be “lower for longer”. With prolonged oil prices, could the airline industry be setting up for moves higher? This article will feature Spirit Airlines (SAVE) since it has been a Trendy Stock Charts favorite. Several Trendy Stock Charts members either […]
The iShares NASDAQ Biotechnology Index Fund (IBB) had one of its largest percentage gains in history. This came immediately after the election results. This huge gap-up of over 8% developed at the possible beginning of a new uptrend. One thing Trendy Stock Chart members have witnessed first-hand – the financial reward of purchasing […]
You could hear a collective sigh of relief across the nation on election morning from the biotechnology as they felt like they could breathe again. The sector has been crushed over the last year and a half by tweets from a presidential candidate. Celgene (CELG) investors were included in that bunch of stocks. […]
“The chance for a Trump win is less than 30%…” “Expect a 5% – 15% correction if Trump wins…” Well, as Trendy Stock Charts member SD pointed out in the Idea Chamber, the media got it wrong again and again this political voting season. Whether you voted for Trump or not, […]
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