Tag: Stocks

I would think Square needs no introduction but, Square, Inc. provides payment and point-of-sale solutions in the United States and internationally. The company’s commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.

Square announced earnings this past week. The company reported stronger-than-expected fourth-quarter financial results, but disappointed investors when they forecast their numbers for the first quarter.  On the news the stock price dropped after hours and opened right in a daily demand zone this morning.

I have come to like Square over the last 12 months, not because

Two month ago, I talked about how GE had bottomed and a close above the $8 level would confirm that bottom,

Has GE Bottomed???

But before considering going long, the conviction for me would be if price can pull back to the daily demand at $6.75, then take out the $8 level, the bottom in GE would be more convincing at that point.

One month ago, I talked about since price closed above $8, the next two levels I was targeting was daily supply at $10 and $11.50.

Has GE Bottomed??? – Part 2

Both levels were hit, but now price

The EU recently stated that it would impose 20 billion euros ($22.7 billion) worth of tariffs on U.S. products if President Donald Trump follows through on a threat to impose automotive duties against EU.  And one of those companies being targeted is Caterpillar.

If you can recall, Caterpillar, announced earnings last month and had its biggest profit miss in a decade on worries over trade tensions.  This past week Caterpillar was on the receiving end of more bad news.

Shares of Caterpillar Inc. sank Tuesday, after UBS swung to bearish from bullish on the belief that more than half of the company’s

I was expecting Bed, Bath and Beyond to sell off in January after announcing earnings.  But the stock price went the opposite direction, jumping nearly 17% on the back of earnings.

The company’s announcement of relatively unchanged earnings guidance between fiscal 2018 and fiscal 2019 was the main reason the stock rose that day.

Five months ago I wrote a post titled,

Stay Away From Bed Bath and Beyond…They Has Been Amazoned

It’s very apparent their business model of marking up prices than offering discount via coupons isn’t working, nor driving traffic to their stores. Bed Bath & Beyond Inc. has 1,024 stores

It’s no secret I have been bearish on the Housing Market for many months.  I specifically wrote a post about Home Depot four months ago,

Finally Added Home Depot and Lowe’s To My Short List

Credit Suisse downgraded the Home Depot and Lowe’s yesterday citing slowing earnings growth due to higher interest rates weighing on home affordability.  I have been talking about the housing market turning sour for months and was just waiting to add the home improvement retailers to my short list.

Even shorted the housing ETF, XHB a while back,

but when Fed Powell said he was putting interest rates on hold,

Within the past 12 months I have talked about the Rise and Fall of Weight Watchers.

The Oprah Effect Strikes Weight Watches

Nevertheless, due to the Oprah Effect, the stock price of Weight Watchers is up a staggering 1000% since Oprah took a stake 10% in the company some years back, became a board member and become the face of the program, and appear in ads and commercials.

The Oprah Effect Strikes Weight Watches – Part 2

In March of last year, Oprah made $110 million by selling 2 million shares in Weight Watchers…that was a very nice check.

Than in November shares of Weight

I first wrote about Etsy eight months ago,

Don’t Call It A Comeback, Etsy Been Doing It For Years

I truly thought Etsy was going to be Amazon’s next meal and because Ebay was also in the marketplace, seriously considered shorting Etsy at the time.

But this still doesn’t explain why didn’t Amazon eat Etsy for lunch? Then after digging into the matter more, I found the following:

Sellers like Etsy because they release the funds immediately to the seller after the sale closes. Amazon Handmade holds the funds until the order ships.

Etsy has no seller fees and only changes by product listing after

Avis Budget Group provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. Avis reported earnings last week.  Avis’ reported revenues of $2.1 billion during the fourth quarter, in line with analysts’ estimates.  Earnings per share jumped 18% during the fourth quarter.  But the kicker was Avis’ Americas per-unit fleet costs declined 7% during the fourth quarter.  On the news the stock price traded almost 20% higher last Thurs.

Avis’ competitor Hertz Global Holdings, Inc. provides its vehicle rental services under the Hertz, Dollar, and Thrifty brands.  They reported earnings earlier this week.  How do you