VIDEO UPDATE: Market analysis looking at long term charts, movers on the day, and analysis of 50 stocks with setups and buy points.It was another good day for the indexes and oil as they moved in concert. The S&P 500 gained 1.44% and the NASDAQ 1.09%. Factory orders for December posted a greater-than-expected decline of 3.4%. Analysts expected a decline […]
There are a number of companies that receive much attention from media types and are better known for their investment prowess, including Netflix, Priceline and Chipotle.But today, among these, I will point to Priceline ($PCLN) as a potential short-time mover. The reason is that its weekly “Bollinger Bandwidth” is squeezed and pointing to a huge volatility expansion shortly.Please note below its weekly chart…In addition, its […]
Shares in fire-roasted chicken chain El Pollo Loco have climbed 43% since its market debut Friday.
BI’s Hayley Peterson has explained why some investors believe Loco, based out of Costa Mesa, California, could be the next Chipotle: It’s same-store sales growth rate actually surpassed that of the burrito chain, and customers appreciate their large portion sizes.But Tuesday, shares were down […]
If the January Barometer is any guide, stocks could be in for a rough 2014. The 2013 gain of over 29% in the S&P 500 and the gain of over 26% in the Dow Jones Industrial Average may have simply pulled forward most of the expected gains that could be had in 2014. The Dow is now close to being […]