Wednesday, October 23, 2019

Who Were the Winners and Losers in Tech This Earnings Season?

Earnings season has mostly finished for major technology firms. Let's take a look at the big winners and losers. The first major theme was a...
Forgotten Stocks Rip Higher: Earnings This Week

Forgotten Stocks Rip Higher: Earnings This Week

Several forgotten companies have rallied in the last week as investors continue to pore over quarterly results. Covergirl maker Coty (COTY) is up more than...

Surprise: Housing Led Tuesday’s Strong Rally

Markets had their biggest rally since the start of the year today, led by an unexpected sector. Housing stocks ripped over 4 percent, more than...

Semiconductors Strong as Other Techs Teeter: Earnings This Week

The last week of earnings has brought more optimism toward semiconductors but skepticism about other major technology stocks. Skyworks Solutions (SWKS), Microchip Technology (MCHP), On...
Big Tech Strikes Back: Earnings This Week

Big Tech Strikes Back: Earnings This Week

Big tech results weren't so bad after all: That's the main takeaway from the busiest week of earnings season. Facebook (FB), Apple (AAPL), Advanced Micro...
Chips Rip as Transports Move North: Earnings This Week

Chips Rip and Transports Move North: Earnings This Week

Earnings remained strong in the last week, led by economically sensitive industries like semiconductors, transports and financials. Chip stock Xilinx (XLNX) is the S&P 500's...

Slowdown? Economic Data Doesn’t Show It

Pundits keep warning about an economic slowdown, but the data continues to prove them wrong. Only 199,000 Americans sought unemployment benefits last week. It was...
Another Financial Jumps as Earnings Improve

Another Financial Jumps as Earnings Improve

A forgotten financial stock exploded higher yesterday, the latest positive surprise in the sector. Synchrony Financial (SYF) surged 11 percent to its highest level in...

Banks Come Through: Earnings This Week

Earnings season began on a strong foot, thanks to financials and a handful of other key stocks. Bank of America (BAC), Goldman Sachs (GS) and...

Cloud Giant Rips on Blowout Quarter

A cloud-computing giant was highlighted on Market Action this week. It's posed to open higher today after a blowout quarter. Salesforce.com (CRM) reported earnings of...
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