VectorVest Wins Readers’ Choice Awards in Stocks & Commodities Magazine 2024
We here at VectorVest are delighted to inform everyone that VectorVest has been selected by Technical Analysis of Stocks & Commodities magazine readers as the recipient of 7 of this year’s Stocks & Commodities Readers’ Choice Awards. Special thanks to our subscribers and Technical Analysis of Stocks & Commodities magazine readers for their support and for taking the time to [...]
The DOJ Just Turned the Temperature Up on Live Nation Antitrust Rumors: Officially Time to Sell LYV?
Live Nation Entertainment (LYV) has been earning its fair share of negative press over the past few years. Just last month we wrote about the Department of Justice (DOJ) potentially bringing forth an antitrust lawsuit against the company. A new report has come out that says this move is imminent and could lead to a breakup of the company. [...]
Target Takes a Tumble on Weak Earnings and Forecast: Why it May Be Time to Sell TGT
Target (TGT) reported first-quarter results Wednesday that left much to be desired, sending shares tumbling lower. The company noted it is seeing a pullback in consumer spending. Revenue came in at $24.53 billion compared to $24.52 billion expected, narrowly avoiding a missing on the top line. However, the retailer did miss the bottom line estimate with EPS of $2.03 [...]
The Effect of China Selling Vast Amounts of U.S. Debt on the U.S. Stock Market
Undeniably, geopolitical tensions around the world are increasing - with the current trade war between China and the U.S. being a notable example. For instance, President Biden has recently imposed large tariffs on Chinese imports into America. Conversely, in the last seven months alone, China has sold $74 billion of U.S. Treasuries and agency debt, according to Bloomberg. Both [...]
Xpeng Gains 8% on Better-Than-Expected Q1 Results, But it May Not Be Time to Buy XPEV Yet
Xpeng Inc. (XPEV) got a solid lift Tuesday morning after the Chinese EV maker delivered first-quarter results well above expectations despite challenges in the industry itself. Sales came in at $907 million compared to just $573 million this time last year. Wall Street was expecting $859 million. The company did report a loss of 10 cents per share, but [...]
Nvidia is Rallying into Q1 Earnings – Should You Buy NVDA Before the Results are Released?
Wall Street darling Nvidia (NVDA) is set to declare its earnings results for the first quarter tomorrow on Tuesday, May 22nd. The stock is up more than 2% so far today and nearly 5% in the past week as shareholders are anxiously anticipating an earnings beat. According to one analyst, the writing is already on the wall and the [...]