Tag: Stocks

Financial technology or fintech for short, is the new technology that aims to compete with the traditional banking industry in delivering / selling financial services and solutions to customers.  When I think of Fintech, I immediately think of Paypal and Square.

Square Is No Circle

StoneCo Ltd. provides financial technology solutions that empower merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.  StoneCo, a payment processing company based in Brazil that went public last October.

Credit and debit card transactions in Brazil grew 14.7% in the third quarter from a year earlier, as more Brazilians used

I’m not talking about Britney Spears,

but since you mentioned her,

I think I did it againI made you believe we’re more than just friendsOh babyIt might seem like a crushBut it doesn’t mean that I’m serious‘Cause to lose all my sensesThat is just so typically meOh baby, baby

I’m talking about FedEx.  The last time I wrote about FedEx was one month ago,

Is It Time To Short FedEx Again???

FedEx price did pull back into a daily demand zone, so one possible scenario is a break of $172, a pull back, than a drop to the weekly demand zone at $143.

Personally, I would

The California Gold Rush took place in 1849 when thousands of people went to California hoping to get rich quick after finding out that gold was found at Sutter’s Mill on James Marshalls’ land. James Marshall tried to hush it up but the news, but Sam told as many people as he could so he could sell them shovels and make a fortune in the process.  The shovels were a derivative of the gold. Meaning, instead of looking for the gold, build a business that profit of the people who make the money.

Back in October of 2018, Canada legalized marijuana

The S&P 500 pushed through a clear resistance level last week and is now looking like a reversal is about to happen.  Will it be the confirmation test?
Breakout and Test
The most orderly type of breakout is when price pushes through a level and then comes back to test it, thus confirm that the prior resistance is now a support level.
Right now the S&P 500 is setting up to possibly do that.  The reason I say it is setting up is because a bearish u-turn pattern has just formed.  Anyone who reads my posts knows that u-turns are my favorite reversal

The pet industry, including pet food, generated more than US$221 billion in direct, indirect and induced economic impact in the US in 2015, according to a study conducted by George Mason University.

According to this report, US$77 billion is spent by US consumers on their pets annually. Pet food and veterinary services are the two leading sources of spending within the industry.

Source

In the United States, in terms of quantity, cats and dogs are ranked #2 and #3 among pets.

Source

68% of households in America have a pet.  This is double the percentage of households that have children.  If I wanted to

I first wrote about Stitch Fix seven months ago,

Stitch Fix, The Netflix Of Clothing

Just like Netflix disrupted the at home movie streaming market, Stitch Fix is disrupting apparel retail by allow you to choose your own clothes from a selection of clothing. Stitch Fix is your own stylist on a budget. They send you five items at a time based on an interface through which you select your style preferences, budget, and fit. Customers only pay for what they want to keep and return the rest for a service fee of $20 which goes towards the purchase.

Stitch

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for Makers and do-it-yourself home decorators in North America. It operates Michaels stores, Aaron Brothers stores and Pat Catan’s stores.

Going into their quarterly earnings tomorrow, I noticed bearish unusual call options.  The Smart Money bought over 2,500 Apr $10 strike call options.

Despite Michaels expecting to deliver a year-over-year increase in earnings on lower revenues and delivering positive earnings surprise in three of the last four quarters, the stock price is down almost 50% in the last three years.

This could be the reason why the company announced at

Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. It has approximately nine million members and more than 1,200 stores in 47 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic.

I remember when Planet Fitness debuted on the Markets in 2015.  I said to myself, here we go, another fitness play trying to cash in.   Little did I know, they weren’t trying to cash in, but use the cash from the Markets to expand. 

Peter Lynch says invest in what you know.  Boy, I wish I took his advice.  I signed up

Three months ago I wrote a post about the Ultra Beauty,

Ultra Beauty, Looking Definitely Ugly

Ulta Beauty (NASDAQ:ULTA) took a hit Friday, falling as much as 10%+ after announcing their quarterlyearnings. 

But the big buzz as of late was billionaire, Kylie Jenner, announced that she was partnering with Ultra within their stores.  Previously available only online, Kylie Jenner confirmed via Twitter on 8/30.

On the weekly chart, there is weekly demand at $228. Although there is still downside risk, the profit potential isn’t enough.  Thus, there is no trade set-up at this time.

Shares of Ultra Beauty soared 8% after reporting fourth-quarter