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Elon Musk, CEO of Tesla (NASDAQ:TSLA) has just announced that the electric vehicle (EV) car manufacturer, has manufactured over 3 million cars. Musk pointed out that this landmark is no small feat...
Stocks rallied last Friday, with the S&P 500 finishing higher by 1.7% to close around 4,280. At this point, the index has risen into overbought territory with an RSI now 71 and at the upper end of...
Stocks continued their bear market rally last week as more investors are taking the plunge to ‘get back in’ for fear of missing out (FOMO). Bullish sentiment has changed up a few gears...
U.S. retail sales, housing data, more earnings in focus Tesla stock is a buy ahead of its 3-for-1 split next week Target shares set to struggle amid weak Q2 profit, sales Stocks on Wall Street rallied...
Earnings reports from retailers this week should provide an update on consumer-spending trends. Walmart told investors last month that its adjusted earnings per share could fall as much as 13% in the...
For the consumer, inflation losing its sharp edge was the story this week. It was a move fuelled mostly by a welcomed drop in gas prices.But for the investor, the positive economic indicators...
BJ’s Wholesale Club has been a top performer in the retail space this year. The shares are up 5.7% year-to-date and are trading near their record high. BJ is a strong buy ahead of its Q2 results...
Stocks moved lower yesterday, despite moving sharply higher to start. The PPI reading came in weaker than expected. Stocks initially rallied on the news, and yields fell. But once the market settled...
Blowout second-quarter earnings doubly impressive given context in which they were delivered MELI stock looks expensive — but the company remains profitable amid heavy investments in newer...
Markets closed positively after the release of a U.S. inflation reading for the first time since December 2021 Better-than-expected CPI figures imply lower discount rates for stock valuations Despite...
The consumer discretionary sector (XLY) has been gaining, even outperforming other industries. This sector includes non-essential goods and services like appliances, cars, and entertainment. The...
So much for the Cleveland Fed and their CPI projection. figures, I have been following the thing for months, and the one time I publically discuss it, everything falls apart. It must be my bad...
Beyond Meat has slashed its revenue outlook as shoppers find plant-based options expensive McDonald's Corp last month decided not to go ahead with a broader launch of Beyond Meat burger There is...
Four months after closing on its acquisition of WarnerMedia, WBD looks a lot like the business’s former owner Streaming does offer upside — but cord-cutting trend threatens Warner Bros....
The S&P 500 Dividend Aristocrats has frequently outperformed the broad S&P 500 in times of economic distress Companies that compose the dividend aristocrats tend to have lower volatility than...