This post was just published on ZYX Buy Change Alert. If you got into UNFI consider raising stops to protect profits. The new stop zone is $31.88 to $32.23. Of note is the low band of the target zone was $34.40. The stock went to $34.35. We give target zones in advance
This post was just published on ZYX Buy Change Alert. AMZN buying WFM is sending shock waves through the grocery industry and grocery distributors. The most affected is UNFI. UNFI is the primary distributor for WFM. However, UNFI contract with WFM goes to 2025. It also appears that AMZN will have
Should big technology stocks known as FAAMG or FAANG be bought now that they’re a few dollars cheaper? Or should they be sold now because they’re expensive and upward momentum is broken? Those are the questions investors are asking me. From emails that I receive, many investors have strong opinions
My longtime readers have been asking a lot of questions about money flows in so-called FAAMG stocks. Money flows give investors an edge when combined with the breadth indicator. Please click here to see money flows in FAAMG stocks segmented by important categories and also ranked as provided to The
The response to my last column, which warned of an ominous pattern in charts of big technology stocks, shows that while professionals are hedged against a decline, the average investor is full of bravado. The real question The real question for investors is what comes next — bloodbath or bliss.
Popular “FAANG” stocks suffered a blood bath Friday. FAANG stocks are Facebook FB, Amazon AMZN, Apple AAPL, Netflix NFLX, and Google GOOG, GOOGL. They’re known as a group because of their persistent outperformance as large-cap U.S. technology stocks. The technology bellwether Nasdaq Composite Index COMP, slid 1.8% on Friday, and the
As the stock market hovers new highs, no one is talking about the dirty secret on Wall Street that is important for your portfolio. Stocks like Apple AAPL, Amazon.com AMZN, Facebook FB, Alphabet GOOG, GOOGL, Microsoft MSFT, and Netflix NFLX, have been on fire. Wall Street analysts keep on raising
The probability is high that certain stocks, below, will continue to rise, provided earnings continue to grow as they have this quarter and the economy remains as supportive as it is now. I am getting a lot of questions from investors after Thursday’s $2 trillion earnings day. It was the
President Trump’s tweet accusing his predecessor of wiretapping him during the campaign — followed by Barack Obama’s denial — has created a highly sensitive subject for many people. With this type of allegation flying around, investors must be pragmatic and review the hard data without a political lens. This is
The fundamental case for Dow 30,000 during Donald Trump’s first term has strengthened as earnings season winds down. Interestingly, this is happening at a time when, from a technical perspective, the stock market has staged a successful breakout of low volatility since the election. Still, there are two danger signs,