It looks like the there's a second head and shoulders forming on the U.S. Dollar index. This comes with all the news with the potential trade wars and the GLD ETF is starting to look bullish with new higher lows which only bolsters the evidence.
This is a bit of a tricky one because the World Cup is just around the corner. You'd think investors would be optimistic at the prospect of Nike's exposure on the largest sporting event in the world. Looking at how the price has trended it might be that all of that optimism might've been priced-in already and it's the pull back in anticipation of the end of the...
After running my momentum-screener I happen to come across ROST. The stores operate one of the largets off-price apparel and home fashion chains in the United States, selling name-brand and designer apparel, accessories, footwear, and home fashions to middle income consumers at prices generally 20 to 60 percent lower than regular price. It has very healthy...
For the YTD, DRI stock has been trending downwards. At the latest earnings call (March 22, 2018) market price dropped drastically because it missed expectations by $0.02 ($1.73 v. $1.75). The missed earnings expectation exacerbated the downward trend that last about a week up to the beginning of April; the trend reversed through out the month, with robust ...
