By BRUCE KAMICH Jun 27, 2022 | 12:20 PM EDT Stocks quotes in this article: MU Micron Technology ( MU) made a high back in December and then has traded lower into June. The shares are trading below the declining 50-day and declining 200-day moving average lines ahead of their upcoming earnings report this Thursday. … Read More “Should You Buy Micron Technology Ahead of Earnings?” »
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Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this … Read More “Bearish Bets: 3 Stocks You Should Think About Shorting This Week” »
Due to a fever and not being allowed to fly in as a result, Hiromu Takahashi is off Sunday’s AEW x NJPW Forbidden Door pay-per-view. The NJPW standout was set to team with Sting, Darby Allin & Shingo Takagi against The Young Bucks, Hikuleo & El Phantasmo on the PPV, announced on Wednesday’s Dynamite. The … Read More “Hiromu Takahashi off AEW x NJPW Forbidden Door due to fever – WON/F4W” »
It’s time for another round of Smith & Wesson (SWBI) . I targeted this iconic gunmaker in December and showed why my covered-call strategy appeared to hold some firepower. The shares got knocked down approximately 10% from that time, but given the hit taken by the markets, especially in small-cap names, the recommendation has easily outgunned the overall market. With the … Read More “For Smith & Wesson, Load, Cock and Fire Another Round” »
In our April 25 review of Shopify (SHOP) we wrote that “Traders should continue to avoid the long side of SHOP. We are likely to see a better buying opportunity in the months ahead.” Has that buying opportunity arrived? Let’s check the latest charts in light of a major sell side firm resuming its coverage of … Read More “Shopify Is Showing Us Bottoming Action From May” »
Finally. What was that? Around 09:15 am ET. Surprised Carnival Corp (CCL) didn’t wait until after the opening bell. One would immediately think that maybe the firm released their numbers so close to the opening bell in New York in order to try to fly under the radar as most traders, especially sales traders, are … Read More “There’s No Clear Sailing Ahead for Carnival: Here’s How to Play It” »
It was the “eureka” moment, as I read the press release. Of course! How to revive or at least drain more value from a beloved, but way past mature American brand name. Talk about a consumer staple. The Kellogg Company (K) closed on Friday night at $67.54, down just 10.6% from the apex of an … Read More “I’m Intrigued as Kellogg Splits Into 3: Here’s the Play” »
Everyone is watching the price of crude oil. Everyone is sensitive to the latest price at the pump. Housewives, truckers, CEOs and even me. Everyone. This issue is a global phenomenon and if crude oil prices weaken a bit it should have a positive effect on stock prices. On Thursday on Real Money we wrote … Read More “Has Crude Oil Made an Interim High?” »
The combined value of the TV and digital rights for the next IPL cycle (2023-27) for the Indian subcontinent has more than doubled to INR 39,775 crore (USD 5.10 billion approx.). That figure was arrived at after the highest bidders for the TV and digital rights were confirmed on Monday, the second day of the … Read More “IPL 2023-27 India subcontinent TV and digital rights sold for US$ 5.1 billion” »
PHILADELPHIA (CBS) – A man visiting his sick mother in Philadelphia’s Tioga section was shot and killed in cold blood. Now, police are searching for the person who pulled the trigger. Police responded to multiple shots fired on the 3300 block of Smedley Street, just after 10:30 p.m. Sunday. When they arrived, a 40-year-old man … Read More “Man Gunned Down While Visiting Sick Mother In Philadelphia’s Tioga Neighborhood, Police Say – CBS Philly” »