Lowes Suffered A Major Mishap After Announcing Earnings

Lowes announced mixed first-quarter 2019 results and reduced its full-year outlook yesterday sending the stock down double digits, its worst one-day stock plunge since 1992.

The good news was Lowe’s quarterly sales grew 2.2% year over year, to $17.74 billion with a 3.5% increase in comparable-store sales.  The bad news was Lowe’s revised its 2019 earnings per share outlook downward to a range of $5.45 to $5.65, from a previous range of $6 to $6.10 because they failed to raise prices in time to make up for higher costs.

What happened, according to Ellison, is this: Essentially, Lowe’s merchandising executives were

Unusual Options Activity In Urban Outfitters

Inc. operates Urban Outfitters stores, which offer women’s and men’s fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28

and Anthropologie stores that provide women’s casual apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.

Urban Outfitters reported their first quarterly earnings and the sales and profit results beat Wall Street expectations.  However, their net income of $32.6 million for the quarter was down 21% from a year ago.  In addition, many analysts think Urban

O’Reilly Automotive Isn’t A Buy Yet

O’Reilly Automotive Inc opened their first store in 1957 in Missouri and today stands at over 4900 stores in 47 states.  Their distribution centers and hub stores has allowed them to maintain quick delivery times that their competitors can’t match.

O’Reilly Automotive Inc (NASDAQ:ORLY) is the biggest of the brick and mortar DIY automotive supply stores in the nation. So, it was a bit of shock in late April when it announced that Q1 was weaker than expected. Revenue and earnings were below expectations and even low for the company’s projections, which are usually conservative.

And ORLY stock had been

Patience Pays My Friends $TWTR

Twitter is ripping into the gap again currently up 4% and climbing over 39 headed towards $40. I have been chirping about the bird for week and then earnings gave it the turn I was expecting. I am trying to play this patient long game with this one and have held throughout the earnings pull in looking for something to take off…

Boom! TWTR has just taken back the past 10 days with 1 hour this morning. There is some massive flow coming into the Blue Bird and I am expecting this to continue. The trend is your friend and I

The S&P 500 Level To Watch Is 2800

Morgan Stanley warned that a collapse in trade talks between the United States and China could tip the global economy toward recession. The caution comes a week after Bank of America warned that the ongoing trade war between the world’s two largest economies could “push the global economy into recession.”

“We are unconvinced that companies will generally be able to fully offset tariff costs through raising prices or through cost efficiencies elsewhere, meaning tariffs will press on margin,” Wilson said, according to CNBC.

He said that if Trump followed through on his threat to levy 25 percent tariffs on remaining Chinese imports,

Boeing’s Halo Effect – Part 2

Two months ago, I talked Boeing’s suppliers suffering through the 737Max debacle as well,

Boeing’s Halo Effect

However, a derivative impact to the Boeing accidents will be to the Boeing suppliers.It takes more than 400 suppliers and more than 2 million parts to fabricate a Boeing 737 Max plane. If Boeing’s 737 Max 8 orders are revised downward, expect their suppliers to be adversely affected as well.

Spirit AeroSystems (SPR) is the largest supplier of aerostructures to Boeing and manufacturing aerostructures for every Boeing commercial aircraft currently in production, including the fuselages for the Boeing 737 Max 8. If Boeing has

I Agree With JP Morgan’s Bearish Call On Deere & Company

Deere & Company manufactures and distributes various equipment worldwide agriculture equipment such as utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment.

A couple of days ago, I talked about the collapse in soybean prices and supply exceeding demand now and in the coming months.

All Eyes This Weekend On…..Soybean Prices – Part 3

China’s announcement Monday of higher tariffs on $60 billion of American exports puts another dagger in the heart of American farmers as China is their biggest consumer and source of revenue.

J.P. Morgan

Motley Fools Makes A Strong Case For Yandex Over Uber and Lyft

Uber has not given any timeline for turning a profit, but is counting on self-driving vehicles to eliminate cost. Lyft Inc. could turn a profit as early as 2022, but that remains to be seen.

I heard of Yandex years ago, as the Google of Russia.  Just like Google it has branched out into other businesses, such as Yandex Taxi.  I read an article by Motley Fools titled, Forget Uber and Lyft — Yandex Is a Better Ridesharing Play.

Lyft and Uber reported operating losses of $978 million and $3.03 billion, respectively, last year — and both companies warned that they might

Vodafone Is A Great Long Term Short – Part 2

Six months ago, I wrote a post about Vodafone.  Vodafone Group PLC is a British international telecommunications company that operates networks in 26 countries and ranks fifth by revenue among mobile operator groups globally.  From a macro viewpoint, technical viewpoint and fundamental viewpoint, Vodafone was flashing, SELL ME.

In the post I stated that Vodafone was cash strapped and won’t be able to service its debt, but if it wanted to keep up with the competition, it would have to find cash for 5G capital investments.  At the time,  Vodafone shares were at a three year low, but the charts were

Apple Is At The Mercy Of The US-China Trade War

Back in January Apple warned investors that its revenue in the fourth quarter of 2018 would be lower than expected, blaming the US-China trade war for disappointing iPhone sales.

Apple suffered its biggest single-day loss in 6 years and the stock closed the day at its lowest price level since July 2017 after cutting revenue guidance.  At that time, shares of Apple have fallen from a high of $234 at to sub-$150, a 37% decline.

Fast forward several months and Apple was once again valued at $1 trillion after the company’s better-than-expected earnings report that exceeded Wall Street’s expectations on both the