Written by: Angela Akers The Federal Reserve ended their July meeting Wednesday with an announcement that interest rates would remain at current levels. While this move was expected, what investors really wanted to know was when/if and how many cuts we could see this year and the Fed delivered. In the news conference following [...]
Written by: Angela Akers Investors went into July with the intent to buy stocks. The Major Indices and the Price of the VVC were rising nicely in the first couple weeks of the month, with the DJI adding 2.79%, the S&P500 rising 3.13%, the Nasdaq picking up 4.17% and the Price of the VectorVest [...]
Written by: Angela Akers Second quarter earnings season began last Friday in typical fashion with JPMorgan Chase, Citigroup and Wells Fargo releasing earnings first. The good news, all beat expectations on both the top and bottom lines. The bad news, net interest income, a measure of lending profits, fell for both Citigroup and Wells [...]
If you’re wondering what’s contributing to the volatility in the market, it’s more than just inflation data, geopolitical events, or tech domination; a macro impacter for the market is earnings season! With Home Depot reporting lower-than-expected numbers and investors waiting for Nvidia’s report pessimistically, earnings season is hitting the markets with a baseball bat. [...]
Over the past month or so, shares of Palo Alto Networks (PANW) had fallen more than 15%. Analysts and investors alike sent the stock into a downward spiral, overreacting after the company scheduled its earnings call for a Friday. There is no question that this is a rare occurrence, but investor sentiment can be [...]
Beyond Meat (BYND) has had a brutal start to the week as the stock has slid almost 19% over the past few days. This came on the heels of a dismal earnings day in which the company missed revenue expectations, cut its full-year forecast, and walked back its goal of seeing positive cash flow [...]
Just a month ago after Netflix (NFLX) squashed password sharing, the stock got an upgrade and began rallying. But today, the streaming provider has taken a step backward after falling short of analyst estimates for the second quarter. Making matters worse, the company’s guidance for the 3rd quarter is below expectations, too. That being [...]
Carvana (CVNA) just fueled up and is on the road to better days ahead. After falling below $4/share earlier in January of this year, the stock is back up to where it once sat at $53/share. We’ve witnessed an impressive 141% turnaround in the last year, and nearly 35% of that came just this [...]
FedEx (FDX) reported fiscal 4th quarter earnings on Tuesday, and while there were some positive highlights, much of the report was negative. As a result, shares fell more than 5% in extended trading. This was the company’s third consecutive quarter in a row of declining revenue, as sales fell more than 10% to just [...]
After the bell sounded yesterday and Monday’s trading session concluded, Oracle (ORCL) released 4th quarter earnings that delighted investors and analysts alike. This led to a 5% climb in after-hours trading. And in Tuesday’s session, the stock opened 6% higher before falling back down and settling around a 2% gain - so far, at [...]
