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Square has really struggled to find any momentum in a very strong market which is not a great sign approaching earnings .
The bearish scenario is that SQ is still in correction from the overbought condition from Sept 18, investors have moved on as we can see from the volume profile which is steadily decreasing. The Chaikin Money Flow is in decline, as is the RSI . Price has fallen below they middle BB, 50ma, 200ma and the Ichimoku cloud signal more pain. On previous earnings we have seen a jump in price but immediate sell off.
From a bullish standpoint its a bit more difficult, the 100MA is support and MACD is approaching a cross.
The company is loved by its customers but competition is putting up a fight.
If the price climbs above $83 then correction is over and its bullish all the way.
I find it hard to call a sell on it, despite all the indicators but from a charting perspective it must be a sell. We will wait to see what price action is going into the close before earnings before possibly making a trade.
IT will take very little for TRIVAGO to pop on earnings.
Only 2 years ago Trivago was $24 per share and is now trading in the $5 range which i'm sure was unthinkable for investors back then. It is practically a certainty that revenue will take a major drop but solace may be taken from the fact earnings may not be as poor as analysts estimate. Given the fact sentiment is so negative, any good news could pop the stock much higher, with the security of a strong double bottom below.
$9.50 Does not mean it's good value, still room to fall.
Stephen Tusa is regarded as somewhat of a god in the GE analyst community. In 2016 he projected the fall in GE then priced at $30 . Since then he has been pretty flawless in his analysis and his opinion is that GE is still overvalued, his price target of $6 is becoming more and more realistic. Until he changes his views it is very difficult to see how the stock can rally as his track record is so good.
Symmetry is fantastic, points to a great long.
The chart is a thing of beaut,y rarely does such symmetry exist and if it continues we got to be long. The company is also in a area of immense growth with almost guaranteed growth potential as companies , government and individuals are becoming more an more prone to cyber attacks.
FireEye , Inc. operates as a intelligence-led security company, which engages in the intelligence-based cyber security solutions that allow organizations to prepare for, prevent, respond to and re-mediate cyber attacks.
Can GM follow Fords leap higher?.
Fords jump on earnings last week has increased speculation that GM may follow in its footsteps. Looking at the long term chart the trend would be higher but faces strong resistance at $41.50 - $42 , until that level breaks on considerable volume we are not convinced. Ford took some radical moves over the last year to cut costs, reduce inventory and product ranges that were low margin. GM however is trying to be all things to all men, this may be critical on the earnings report and effect profit margins. Automotive is going to face shrinkage in the decades to come and innovation will be the winner long term, it is a very difficult sector to invest in with conviction.
Just to hot coming into earnings. Evening Star forming.
Twilio has really out performed in the last year with very few pullbacks. It is a fantastic company but is now getting just a bit to risky for traders to be holding into earnings . Earnings are expected to be good but after such a surge in the stock it better be a blowout. Late FOMO money has kept the rally going but will be quick to abandon ship on any sign of weakness. The entire market is due a pullback and Googles sell off may have quite a negative impact in the coming days, and give the BEARS the opportunity to pounce.
Overreaction may be a problem, bank profits.
All good things must come to a end, AAPl and they Index's have had a parabolic move since December lows but a pullback is inevitable. Weakness in the chips,semis and sections of Big Tech have surfaced and reality has began to set in among investors. Going into tonight's earnings it would be very wise to bank profits in AAPL considering what happened to Alphabet last night. Now is not the time to be entering into the stock after such a run when indicators are starting to turn negative and buying volume is decreasing. If the action turns negating there is not a great deal of support below so a short may be a option.
Shorts have their eyes on Pfizer.
Sentiment in the Pharma sector is terrible at the moment, with no sign of changing until possibly after the 2020 elections. Healthcare is a hot topic on the minds off all candidates running for election with differing views on policy and pricing. so we see it as a no go zone. Pfizers chart is very negative with indicators all turned lower and a death cross on the Ma's. Selling pressure has also intensified going into earnings as has the short interest.
Pfizer Inc . engages in the discovery, development, and manufacture of healthcare products specializes in medicines , vaccine, and consumer healthcare. It operates through the Pfizer Innovative Health (IH) and Pfizer Essential Health (EH) segment.
Good results might not be good enough. Cautious.
Despite FDA approval for Amgen's new Enrel drug last week we see the bounce as the formation of a bear flag heading into earnings . Sentiment is so poor in the sector we fear that regardless of results the stock will eventually continue to drop . Amgen is very cheap at 14 P/E ratio with an average rating of HOLD among 25 analysts covering the name.
Amgen , Inc. is a biotechnology company, which engages in the discovery, development, manufacture and marketing of human therapeutics. Its products include the following brands: Aranesp, BLINCYTO, Corlanor, ENBREL, EPOGEN, IMLYGIC, KYPROLIS, Neulasta, NEUPOGEN, Nplate and Parsabiv.
VtV Therapeutics In Breakout zone today, up premarket.
Highly speculative but has engaged our interest with volume and price spikes over the course of the last week. Up again today premarket and rumor mill is very active as is the case with many Bio-Pharm space.On the watchlist for breakout.
Company Description
vTv Therapeutics , Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery and development of orally administered small molecule drug candidates to fill significant unmet medical needs. Its products target the treatment of central nervous system disorders, diabetes and metabolic disorders, inflammation, and cancer. It offers Azeliragon, TTP399, TTP273, HPP593, HPP737, and Nrf2/Bach1 program. The company was founded on April 2, 2015 and is headquartered in High Point, NC .
Goldman will reward the bulls.
We are looking for a break of resistance in GS at $209 for a quick jump to $219, price action is limited in this zone given the speed in which the stock dropped. We hope for a speedy move up to the golden pocket at approx $228. If and when the wheels fall of tech , financials is where the wise money will continue to hide out. We are bullish financials.
Monthly close is pivotal for Crypto Market, be prepared.
The monthly close today is a key moment for they Crypto Markets for months to come. On the last occasion the 12ema was challenged in November, we had an explosive sell off. We expect quite a battle at the daily close and will be nimble, preferably the price remains bullish .
Great upsie potential, breaking out.
Strong hints of a great earnings report for AKAM , in the sweet spot of many sectors, growth has and will continue to be amazing. The stock is currently breaking out prior to earnings and with customers such as Microsoft , a bright future is ahead.
Company Description
Akamai Technologies , Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure.
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Estee Lauder is a beauty, but look for lower entry level.
Estee reports tomorrow morning and is likely to beat easily, but it is also likely that some profit taking will ensue, which could provide a very good entry level for a stock we previously missed out on.
Company Description
The Estée Lauder Companies, Inc. engages in the manufacture of skin care, makeup, fragrance and hair care products. It sells products under numerous brand names. Its channels consist primarily of department stores, specialty multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas
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WeeEEhehehhehhe
From our perspective the GOOGL chart has become more and more positive over the past month and is set up perfectly going into earnings . Our only apprehension is the possibility that Google has a recent history of selling off post earnings seemingly regardless of results. Speculation is rife that Googl will finally start discussing revenue numbers from YOUTUBE premium, if so this could explode higher. We are long and will continue to be so unless earnings are a great disappointment. Regulatory pressure is our only concern for GOOGLE in the future, which is already evident in Europe.
Comment: Unfortunately history has once again repeated itself. $1190 - $1180 is the key support level.
It has almost become a certainty that AKS will disappoint on earnings for the quarter. The stock has been on a terrible run and is now at lows from 2003, and trading at a PE ratio of 4, arguably considerably undervalued. The price in raw materials have spiked and this is a big headwind to AKS steel. Remaining investors will be eagerly hoping for a positive outlook from the earnings call where questions are sure to very direct. There is a possibility for a real turnaround on the price action with anything positive surfacing. So we sit and wait for a possible jump in price, options have been trading at the $4 level which is encouraging but very speculative.
From a charting perspective RIG is really at a critical level, historically it has had a lot of false dawns and ended up falling out from these bearish rising channel , technical indicators are also all turning negative coming into earnings . The analysts covering the name have a average price target of $11.97 and a overweight rating, 20 analysts have a buy rating with only 3 sell ratings. A stock looking cheap does not mean it will not get cheaper, despite large contracts wins for RIG investors seem to selling any rips. We have set alerts for a break above $10 for a possible long.
Transocean Ltd ., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers drilling rigs, related equipment, and work crews; and ultra-deepwater and harsh environment drilling services. As of February 18, 2019, it owned or had partial ownership interests in, and operated 48 mobile offshore drilling units that consist of 31 ultra-deepwater floaters, 13 harsh environment floaters, and 4 midwater floaters. The company serves integrated oil companies or their affiliates, as well as government-controlled oil companies and independent oil companies. Transocean Ltd . was founded in 1953 and is based in Steinhausen, Switzerland.
Tomorrows earnings from AMD will have an enormous impact on the Chip sector. Intel and Xilinx both reported earnings last week and disappointment resulting in selling within the sector. It is hoped that it will come to light that AMD actually took market share from Intel rather than the market decreasing. Currently the short interest in AMD remains quite high at 11.5% which can often result in high volatility , it is imperative that stop losses are in place. We remain long and bullish in the long term.
Corning is a great company with very diversified income streams but is often just associated with phone screens, which may have hurt its share price given the negative growth in smartphones. The company is currently very close to the analysts price estimate of $36 and from a charting perspective indicators are neutral. Despite good earnings the stock could sell off ass previous reports, so we will wait and see before reassessing our view.
Corning , Inc. develops and manufactures specialty glass and ceramics. It provides glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications; carrier network and enterprise network products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; advanced optical materials for the semiconductor industry and the scientific community; and other technologies.
Stephen Tusa is regarded as somewhat of a god in the GE analyst community. In 2016 he projected the fall in GE then priced at $30 . Since then he has been pretty flawless in his analysis and his opinion is that GE is still overvalued, his price target of $6 is becoming more and more realistic. Until he changes his views it is very difficult to see how the stock can rally as his track record is so good.
The chart is a thing of beaut,y rarely does such symmetry exist and if it continues we got to be long. The company is also in a area of immense growth with almost guaranteed growth potential as companies , government and individuals are becoming more an more prone to cyber attacks.
FireEye , Inc. operates as a intelligence-led security company, which engages in the intelligence-based cyber security solutions that allow organizations to prepare for, prevent, respond to and re-mediate cyber attacks.
Fords jump on earnings last week has increased speculation that GM may follow in its footsteps. Looking at the long term chart the trend would be higher but faces strong resistance at $41.50 - $42 , until that level breaks on considerable volume we are not convinced. Ford took some radical moves over the last year to cut costs, reduce inventory and product ranges that were low margin. GM however is trying to be all things to all men, this may be critical on the earnings report and effect profit margins. Automotive is going to face shrinkage in the decades to come and innovation will be the winner long term, it is a very difficult sector to invest in with conviction.
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UNEQ (Uneeqo Inc.)
Alert Price: $0.04
Chart Analysis
Float: 50M
Website | Recent News
========================
Members,
Regardless of the public's opinion on the use of bitcoin as a new currency, one thing is for sure....
Blockchain technology is here to stay!
Experts agree that Blockchain technology will continue to shape industries like financial services, regardless of what digital currency ultimately reigns supreme.
The game-changing technology that is being created with the use of blockchain is undoubtedly the future. A key thing to note also is that growth is already being witnessed in terms of market size.
The global blockchain market size is expected to grow from USD 1.2 billion in 2018 to USD 23.3 billion by 2023.
We've just identified a company operating in this rapidly growing blockchain market that has the potential to double its share price in the immediate future!
We ask that you immediately turn your attention to UNEQ (Uneeqo Inc.)
With its tiny float, and 4-cent share price, we believe that UNEQ has more upside potential than any other publicly traded blockchain technology company.
UNEQ is one of the most potentially lucrative ways to invest in cryptocurrencies without having to get into the mining and trading of them.
This stock is sitting on a bottom'd out chart, and appears to have nowhere to go but up!
We love these low-risk/high reward type alerts.
Shares of UNEQ were trading over $0.18 just last December.
A run back to those levels would show traders gains of over +350%!
At its current share price, we believe that the upside for UNEQ far outweighs any downside risk!
And don't forget...our last blockchain alert more than doubled in price!
That being said, we ask that you start your research now, and consider building a position in UNEQ tomorrow morning at 9:30AM EST!
About Uneeqo Inc.
Uneeqo Inc. (OTC PINK: UNEQ),is a United Kingdom based technology company which provides professional digital and design services to those involved in a multitude of online verticals utilizing distributed ledger technology, including FINTECH and e-gaming. Uneeqo, will also be providing its own digital wallet applications which is a software program that stores private and public keys.
At the helm of the Uneeqo Inc. team is Dr. Haque, a business development professional with extensive experience in international business in the medical, technology and automotive sectors, as well as a leading consultant in regenerative medicine and cell therapy. In the past, Dr. Haque has held various positions at Wright Medical Europe and Stryker Corporation, along with many of its mergers and acquisitions.
UNEQ Services
Smart Contract Development
Smart Contracts utilize Blockchain Technology to store your contract terms in a secure digital format. A key property of the Smart Contract is the inability of third parties to modify the contract. This is known as immutability.
Ethereum Contracts
Ethereum is a distributed blockchain platform featuring smart contract functionality.
Hyperledger Smart Contracts
Hyperledger consists of a suite of blockchain applications designed to improve performance and reliability of blockchain applications.
Blockchain Consulting
Our consultants possess a combination of the highest caliber academic experience with decades of technology consulting experience. We provide custom-made consulting solutions for different businesses. Our consulting service involves following steps:
Designing Custom Solutions
Business Case Analysis and Formation
Custom Blockchain Development
ICO Services
We invest in the future of technology by making investments in Cryptocurrency technologies across the board. We provide in-house expertise that allows the full potential of this new revolutionary technology to be unleashed.
Strategic Consulting
Our team of expert Blockchain consultants will help identify and analyze the different use cases of Blockchain for your business.
Blockchain Application Development
Would you like to build a proof of concept ? We will help you build it.
Custom Blockchain Development
Use your rules and guidelines to prototype and design a blockchain using our tried and tested expertise.
Recent Developments
Uneeqo Inc. (UNEQ) Completes Turnkey Token Software Platform
Uneeqo Inc. (OTC PINK: UNEQ), is a company focused on providing turnkey solutions for companies wanting to create, issue and manage security or utility token which is built on a decentralized public ledger platform.
Uneeqo, has completed development of a peer-to-peer digital token platform built upon a distributed, decentralized public ledger that is both viewable and easily audited by transacting parties through unbreakable, encrypted smart contracts. It is a platform that makes the entire process of issuing decentralized utility tokens both transparent and credible. From the landing page, users are taken to an onboarding module which includes user registration, KYC, Profiles, and Dashboard. KYC enables your investor to easily certify their status as Accredited Investors or Qualified Investment Buyers (QIBs). For all offerings, it is the issuer's responsibility to ensure buyers are not blacklisted individuals that can pose financial crime risk for the initial offering.
The first part is issuer verification. This is for those cases when the relevant service only requires users to independently put in their information, without any additional authentication. The second part is when information needs to be checked against third party databases, so issuers can receive the maximum level of verification. The Dashboard can be connected to a smart contract to provide live stats on tokens and user accounts for the utility token offering.
Market Outlook:
According to research carried out by Markets and Markets; “the global blockchain market size is expected to grow from USD 1.2 billion in 2018 to USD 23.3 billion by 2023, at an impressive Compound Annual Growth Rate (CAGR) of 80.2% during 2018–2023”. This defines just how huge the market is and will continue to be in the time to come.
Blockchain and its cryptocurrencies, while in their infancy, are real and will become as disruptive as how fast and furious it has come to life. The amount of investments, funding, talent and number of startups, corporations and educational research and development involved in this field at a rate not quite seen before is proof enough that it is here to stay and grow.
In terms of funds raised for blockchain-related projects, ICOs delivered 31/2 times more than venture capital funding, to a tune of US$4.5 billion over a 14-month period from 2017 to 2018, TechCrunch reported.
The answers to that will certainly bring insight to what is missing today, and hence a multi-billion dollar opportunity and a chance for countries to leapfrog.
In fact, ICOs raised US$6.3 billion in the first three months of 2018, more than the whole of 2017, going by data collected by CoinDesk. This certainly debunks any myth that ICOs are going away.
Technical Analysis
As most of you know, we love these low-float, low-priced alerts.
These are the types of alerts that could double in price in just one trading session.
We believe that UNEQ is in the perfect position to breakout big tomorrow.
The stock is sitting on a bottom'd out chart, and appears to have nowhere to go but up!
As we stated above, shares of UNEQ were trading over $0.18 just last December.
A run back to those levels would show traders gains of over +350%!
In fact we've done our very own chart analysis, and see the potential for a move of +300%!
At its current share price, we believe that the upside for UNEQ far outweighs any downside risk!
That being said, we ask that all members start their research on UNEQ immediately, and consider building a position tomorrow morning at 9:30AM EST
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The TopMarketGainers Team
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Beat on the cards for On SEMI.
On Semiconductors is a relatively low cap company, which designs and manufactures very specialized chips for many different types of industry including Medical, Automotive, Aerospace and they vast potential of the wireless 5G network. The recent overbought conditions within this sector has created a little weakness in the stock and indicators are short term negative but still on a long term upward trend. A break above $23.70 is a nice level to confirm a long entry.
Not going near Healthcare, Tenet is looking ugly.
Tenet Healthcare Corp is a health care services company which owns and operates acute care hospitals, surgery centers, diagnostic imaging centers and urgent care facilities in the U. S.A. Earnings are due Monday the 29th and it is anticipated that they will disappoint, added to that the fear around the Medicare for all bill it would be irrational to hold this into earnings or trade and long position. All indicators are negative but if we get a surprise on earnings there is plenty of upside to join any rally in the sector.
Camping World needs "THE PROFIT lemonis" not CNBC.
It has been quite a fall from grace for the company Owned and run by Marcus Lemonis, while he has been fixing other businesses on the hit show "The Profit" his investors have had to take major losses on their investments in CWH. It maybe time for a turnaround in the stock price and this week has seen a injection of confidence by Abrams Capital Management purchasing $5.6 mil of stock. The chart could be a possible ADCDE formation or the beginning of a 3rd impulse wave. We will be looking for a break above $15.50 for along entry.
Banks look appealing once again. Good momentum.
Chart Patterns Technical Indicators Wave Analysis
Upbeat earnings and a very successful shareholders day have helped boost the upward moves in Bank of America. The sector overall is benefiting from improved sentiment and possible rotation into more secure sectors as healthcare looks like a falling knife and tech struggles with overvalue concerns. The US banking sector is strong and well capitalized with good dividend returns and the recent appearance in front of Congress failed to dampen spirits among investors.
Profits taken and we await next move in Marvell
*****Update******* Our trade has worked out perfectly in MRVL , so we have taken profits and will wait for reentry once the SMH has found some stability. Despite the lovely gains in the last few weeks call buyers have been very active, loading up on calls with a $28 strike. We do find this as a compelling reason to stay long but discipline dictates that profits must be taken, remember "PIGS GET SLAUGHTERED" greed is the devil to traders
Kohls benefits from Amazon unlike others. Bullish
The news that AMZN returns will now be accepted at all Khol's stores nationwide resulted in a spike of 12% in the retailers stock price last Tuesday.
"We are thrilled to bring Amazon Returns at Kohl's to all of our stores across the country," said CEO Michelle Gass. "Amazon and Kohl's have a shared passion in providing outstanding customer service, and this unique partnership combines Kohl's strong nationwide store footprint and omnichannel capabilities with Amazon's reach and customer loyalty."
"This new service is another example of how Kohl's is delivering innovation to drive traffic to our stores and bring more relevance to our customers," she added.
It is a win win for both companies, for Amazon, the deal allows customers to easily return unwanted items. For Kohl's, the arrangement brings in lots of foot traffic that are likely to make a purchase while in store.
We see another attempt at breaking the $80 barrier resulting in a major uptrend to $90.
Cognex needs to give investors some clarity on CFO.
Cognex is the leading Machine-vision learning provider and has delivered record growth, revenue, income,and earnings per share in the last 3 years. This is not enough for investors lately given the announcement that the CFO will be departing in May 2019. Having only worked at the company for 2 years this will surely be a topic for discussion on the earnings call on the 29Th April. We will wait and see how the market reacts on Tuesday before taking a small position, which may well be a short, given the bearish divergences on the chart. Support exists at $49 and resistance at $59
It's just a little depressing at AT&T.
There is not a great deal to rejoice at AT&T presently, cord cutting and in particular the over payment for Warner Media is dark cloud hanging with no silver lining. Last weeks earnings was no confidence booster either nor the public performance of the CEO whom can often be portrayed as lacking enthusiasm and optimism. The stock price is stuck in a downward channel and we can't see this coming to a end soon. The only positive is the adoption of 5G which could be real stimulus to the company but that is just in the fledgling stages.
Western Digital breakout has failed, blame Intel
We have not given up hope on WDC even though the recent break above resistance soon reversed as the SMH tumbled due a very weak outlook by INTEL . Monday there is also earnings from NXP, while AMD reports Tuesday so maybe we will find that Intel's weak guidance is company specific, if so the rally will resume. WDC has lagged the sector since December still well below the $110 from march 2018.
SPOT Amazon and Alphabet is not the competition SPOTIFY wanted
Amazon and Alphabet becoming your competition is daunting news for any company in any sector. Despite this, sentiment remains bullish on SPOT and the analysts community have a average price target of $165 with 17/30 having a buy rating. Earnings are Monday 29th April and we expect a positive response and break from current formation into EW3.
***GENERAL INFO***
Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company enables on-demand streaming of audio content and aim to combat music piracy by offering a user experience, while monetizing licensed content with an ad-supported, free-to-the-user model and a premium, paid model. It provides a marketplace for additional products such as live events and music downloads. The company was founded by Daniel Ek and Martin Lorentzon in 2006 and is headquartered in Luxembourg
We did a chart analysis on AT&T today. There is not a great deal to rejoice at AT&T presently, cord cutting and in particular the over payment for Warner Media is dark cloud hanging with no silver lining. Last weeks earnings was no confidence booster either nor the public performance of the CEO whom can often be portrayed as lacking enthusiasm and optimism. The stock price is stuck in a downward channel and we can't see this coming to a end soon. The only positive is the adoption of 5G which could be real stimulus to the company but that is just in the fledgling stages.