Walmart Stock Sells Off Despite Strong Quarter

Dow component Walmart Inc. (WMT) rallied to a nine-month high in the triple digits ahead of this week's third quarter earnings report and sold off after the news, despite beating profit estimates and raising full-year guidance. The bearish reaction surprised many...

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Vipshop Finally Breaks Out After Strong Earnings

Vipshop Holdings Limited (VIPS) shares rose more than 10% in early trading after the company reported strong third quarter financial results. Revenue rose 16.4% in renminbi terms, while gross profits edged higher by 3.8%. Active customers rose 11% to 26.5 million, and...

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Netflix Completes Head and Shoulders Pattern

Netflix, Inc. (NFLX) stock printed money for happy shareholders for more than two years, rising five-fold into June 2018's all-time high at $423.21. Most technicians assumed that the decline into August would signal another buying opportunity, but the correction...

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US Stock Market Sector Internals

We've been looking for breadth and momentum divergences to be confirmed both in the U.S. and globally to mark the start of "the bottom" in equities as an asset class, so today I want to highlight the breadth of one sector that provides perspective on the current...

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Applied Materials Stock at 'Reversion to the Mean'

Applied Materials, Inc. (AMAT) manufactures computer chips, and the stock has gone from being in an "inflating parabolic bubble" a year ago to being "too cheap to ignore" now as the company reports quarterly results. During the week of Nov. 17, 2017, the stock had a...

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Apple on the Brink of a Bear Market

Apple Inc. (AAPL) stock has been battered pretty relentlessly in the past several weeks, particularly after the company's earnings release less than two weeks ago forecast lower sales of its flagship products. Most Recent Decline During the course of Apple's most...

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How Far Will Natural Gas Prices Rise?

The United States Natural Gas Fund ETF (UNG) rose more than 10% on Wednesday morning as unexpected cold and limited supplies drove natural gas prices higher. Weather forecasters anticipate much colder-than-average temperatures for the southeastern and midwestern...

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3 Charts That Suggest Tech Stocks Are Headed Lower

The lucrativeness of technology stocks has won the hearts of millions of active traders over the past couple of decades. While the emergence of game-changing business models has benefited investors particularly well over the past couple of years, several key charts...

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