Monday’s (8/17/2020) earnings announcements: Before the open: Consolidated Water (CWCO), Eagle Point Credit (ECC), Gulf Resources (GURE), JD.com (JD), Milestone Scientific (MLSS), Niu Technologies (NIU), SWK Holdings (SWKH) After the close: Americas CarMart (CRMT), Best (BEST), China Biologic Products (CBPO), Dolphin Entertainment (DLPN), Edison Nation (EDNT), Fabrinet (FN), Progressive Care (RXMD), Social Reality (SRAX) Economic […]
Category Archives: Hot Stocks
Analyst Upgrades/ Downgrades Estee Lauder (EL) upgraded to Outperform from Perform at Oppenheimer Halliburton (HAL) upgraded to Conviction Buy from Buy at Goldman Sachs Schlumberger (SLB) upgraded to Overweight from Equal Weight at Wells Fargo Baker Hughes (BKR) downgraded to Buy from Conviction Buy at Goldman Sachs BJ’s Wholesale (BJ) downgraded to Hold […]
The Consumer Discretionary Select Spiders (XLY) extended its winning streak to 4-straight sessions after tapping an intraday and fresh all-time high of $129.52. New and lower resistance at $129.50-$130 was cleared but held. A close above the latter would be an ongoing bullish signal for additional strength towards $131.50-$132, depending on momentum. Current support is […]
The S&P 500 Volatility Index ($VIX) fell for the 3rd-straight session despite trading to a high of 16.32 shortly after the open. Lower resistance at 16.50-17 was challenged but held. A close back above the 17.50 level would be a bearish development with risk towards 19.50-20. Upper support at 15.50-15 was recovered on the late […]
Bulls Extend Winning Streak to 3-Straight 5:00pm (EST) The market was higher for the 3rd-straight session on Wednesday as private sector employment soared with additional better-than-expected economic news keeping the bullish sentiment intact. The reported number of coronavirus cases of the deadly disease continues to rise in China but didn’t dampen enthusiasm as the outbreak […]
