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Trading Credit Suisse's Technical Levels As Markets Sweat The Bank's Future
Tuesday, October 4, 2022 - 6:03pm | 542Read More...It is hard to imagine that Monday's news cycle on Credit Suisse Group AG (NYSE: CS) would have a positive impact on the issue and perhaps on global markets as well. But it has. What are the possible implications for the beleaguered stock from a technical perspective? Long-...
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Charting Wells Fargo's Rally After Upgrade By This Fellow Bank
Monday, October 3, 2022 - 4:23pm | 495Read More...It's rare when one investment bank upgrades another financial institution, and that took place on Monday when Goldman Sachs upgraded Wells Fargo & Co (NYSE: WFC) making it the PreMarket Prep Stock of the Day. Not A Bad Week: All things considered, Wells Fargo fared better than the S&P...
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BENZINGA TV EXCLUSIVE: Things Are Bad, Are Better Times Coming?
Friday, September 30, 2022 - 4:02pm | 281Read More...On today's (Sept. 30) episode of "PreMarket Prep," host Mitch Hoch spoke to Ryan Detrick, chief market strategist at CarsonGroup about USA Core PCE Price Index, and why September was the worst month ever and October may bring good news and some green back to the markets. "...
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First Solar Loses Power After Analyst Upgrade: What The Stock Chart Says
Thursday, September 29, 2022 - 5:40pm | 504Read More...In a bull market or at least a day when the market has upside potential, an upgrade to an issue may instigate an oversized move higher. In a bear market, even an upgrade to an issue in a strong sector may not have the same effect. That certainly applies to First Solar Inc. (NASDAQ: FSLR),...
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BENZINGA TV EXCLUSIVE: Why This Bear Market Is Different Than All The Previous Ones
Wednesday, September 28, 2022 - 5:03pm | 249Read More...On today's (Sept. 28) episode of "PreMarket Prep," host Mitch Hoch spoke to Cameron Dawson, CFA, chief investment officer for NewEdge Wealth, to find out what indicators she looks at for a market rally. "Without Fed support, we could see a bottom, we just wouldn't...
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What The Biogen Chart Reveals As Stock Rallies Hard On Alzheimer's Data
Wednesday, September 28, 2022 - 2:53pm | 558Read More...Going back to at least December 2014, Biogen Inc (NASDAQ: BIIB) has been diligently working on drugs to cure Alzheimer's disease. Both the negative and positive data revealed over the years have instigated wild price gyrations in the issue. Fortunately, the most recent data was to the good...
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'Hard To Justify Valuations Going Back': NewEdge Wealth's Cameron Dawson Sees More Downside Ahead For S&P 500
Wednesday, September 28, 2022 - 2:51pm | 633Read More...Cameron Dawson, chief investment officer at NewEdge Wealth, joined Benzinga's PreMarket Prep on Wednesday morning. Dawson discussed why retail investor sentiment is still too bullish and why the S&P 500 may still have significant downside ahead. Retail Investor Sentiment: Dawson said the...
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BENZINGA TV EXCLUSIVE: Sectors, Commodities and Stock Picks, Plus Choices For A Bear Market
Tuesday, September 27, 2022 - 4:38pm | 239Read More...On today's (Sept. 27) episode of "PreMarket Prep," host Mitch Hoch speaks to Scott Brown, CMT, founder and chief investment strategist for Beat the Bench, to find out what his stock picks are. PreMarket Prep is the #1 Mornings Stock Show To Get You Ready For The Stock Market...
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S&P 500 Breaches June Low: Why PreMarket Prep Is Watching This Bond ETF
Tuesday, September 27, 2022 - 3:10pm | 579Read More...Let”s cut to the chase. Long before the Fed heads made their hawkish comments Tuesday morning, we all knew what is plaguing this market: rising interest rates. The acronym TINA —There Is No Alternative — to the stock market applies here, and all types of investors are...
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EXCLUSIVE: Why Automakers Are Turning To Qualcomm For The Digital Transformation
Monday, September 26, 2022 - 12:01pm | 701Read More...Qualcomm Inc's (NASDAQ: QCOM) automotive design-win pipeline has more than doubled in less than a year as more and more automakers turn to the company's Snapdragon Digital Chassis solutions. Cristiano Amon, president and CEO of Qualcomm, highlighted the accelerated...
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Sell Rosh Hashanah, Buy Yom Kippur? Revisiting The Market Adage In Turbulent 2022
Saturday, September 24, 2022 - 12:23pm | 984Read More...One old market adage that is commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur." With the holidays commencing Sunday at sundown, it is time for this year's investment interpretation of the adage from the perspective of this investor. And boy,...
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Why It's A Bad Day For Costco To Report Q4 Earnings
Thursday, September 22, 2022 - 2:30pm | 503Read More...There are good days and bad days to be announcing earnings. When the market is good, investors are in buying mode. When the market has a bad day, investors do not have the same appetite for risk. As of Thursday afternoon, the markets are leaning to the downside. Unfortunately for Costco Wholesale...
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Charting Nike's Pullback: 'It Has To Hold $100'
Tuesday, September 20, 2022 - 5:01pm | 515Read More...Tuesdays are often the busiest day for Wall Street analysts to reveal their rating changes, and today was no exception. Unfortunately for shareholders of Nike Inc (NYSE: NKE), it was a downgrade from Barclays. The price action following that downgrade makes it the PreMarket Prep Stock of...
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FedEx's Economic Warning Rattles Amazon Investors: What's Next For The Stock?
Friday, September 16, 2022 - 4:35pm | 640Read More...The fallout from FedEx Corporation (NYSE: FDX)'s pre-earnings announcement is having a ripple effect in the markets, and perhaps the most devastating impact is on Amazon.com, Inc. (NASDAQ: AMZN), which is the PreMarket Prep Stock of the Day. The reason: the warning from FedEx is a...
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It's Football Season: Charting DraftKing's Strong September
Thursday, September 15, 2022 - 4:58pm | 523Read More...With the NFL entering its second full week, many college teams playing their third and the conclusion of the MLB season, there is plenty of action in sports wagering. One issue attracting investor attention in the sector is DraftKings Inc (NASDAQ: DKNG), which is the PreMarket Prep Stock...
















