PreMarket Prep

While a few good earnings reports took the markets higher Wednesday, a few bad earnings reports and some hot economic data were weighing on the markets in Thursday’s session. One of the issues having a negative impact on the markets following its first-quarter earnings report is...

FedEx Corporation (NYSE: FDX), a company that some consider a bellwether for the markets and the economy, reported a second-quarter beat after the close on Tuesday. That report jumpstarted a rally in the broad markets. As a result, the price action following that report makes it the PreMarket...

One of the few bright spots in the markets this year has been companies in the food industry. With inflation or not, people need to eat and feed their families. And companies in this industry can more easily pass on any increases in costs to produce their products, as consumers will cut corners...

Technical analysis of trading instruments can be made very complicated and confusing. The co-hosts attempt to filter through all the jargon on the PreMarket Prep show.  This is accomplished by focusing on the basic tenets of technical analysis: support, resistance and an issue's...

Despite the S&P 500 index being in a yearlong beat market, many issues are at or near all-time highs. One of those issues is Darden Restaurants, Inc. (NYSE: DRI) which is the PreMarket Prep Stock of the Day. Darden Beats The S&P 500 Index: After ending 2021 at $150.64, the issue peaked in...

Following Wednesday’s late-day swoon, coupled with weakness in the futures during premarket trading, no stock was immune from selling pressure. The last thing an issue needed was some bad news to intensify its potential decline. That is precisely what happened to Roblox Corp (NYSE: RBLX),...

The pandemic created a lot of “firsts” in our world and it created many in the investment world in particular. For one, the usage and discussion of the term “short squeeze” became an everyday word.  Before the GameStop short squeeze driven by retail traders, the...

The investor outlook on an issue can be favorable for a long time, but when the sentiment turns, it can be ruthless. This scenario is best exemplified by the recent price action in Tesla Inc (NASDAQ: TSLA), which is the PreMarket Prep Stock of the Day. Tesla's Glory Days: Who can forget when...

Supply chain shortages resulting from the pandemic, instigated rallies in a variety of commodities, including natural gas. Just as those concerns were abating, the war in Ukraine reinvigorated the rally in these markets and sent many commodities well above 2021 highs. Prices in many...

When it comes to earnings reports, it is not always so much what the results are, but when they are announced. In other words, if a company has a poor report or tepid guidance, but the market has good performance, the Street may treat it much better. The aforementioned scenario best...

Over the years, investors have paid more and more attention to Black Friday and Cyber Monday sales results. So much so, that the results, mainly the positive ones, instigate rallies in the corresponding retail issues. This was evidenced by the initial price action in Amazon.com, Inc. (NASDAQ:...

The Chinese stock market is having a rough 2022.  For the year, the S&P 500 cash index is lower by nearly 17% (3,970). The iShares China Large-Cap ETF (NYSE: FXI) is off by 26% and the KraneShares CSI China Internet ETF (NYSE: KWEB) has tumbled 36% ($26.70). If you are taking the...

It was not all bad news for all stocks on Monday morning. One issue that is having a good day is Wynn Resorts, Limited (NASDAQ: WYNN), and it's even one that has exposure to China. The catalysts for the rally and the corresponding price action make Wynn Resorts the...

The S&P 500 index has made a sustained move higher from its October low off the rotation to value or low price-to-earnings ratio stocks. Issues in the growth sector have been left behind for the most part, and the kingpin of these issues is Tesla Inc (NASDAQ: TSLA). To better illustrate...

It has been a mixed bag so far for third-quarter retail earnings season, with some big beats and some big misses. The investor reaction to both the good and bad reports has been inconsistent as well, and that theme carries on Wednesday with Nordstrom Inc (NYSE: JWN), which...