ETF Sector Rotation – Part 1
by Leslie N. Masonson, MBA Sector rotation is the practice of ascertaining and purchasing market sectors that hopefully will produce market-beating returns. The problem is sectors fall in and out of favor, similar to the changing cycles in small-caps, mid-caps, and large-caps where their dominance ebbs and flows, for months or years at a time. Sector strength or weakness [...]
Carnival Reports First Quarterly Profit in Years Along With Upbeat Forecast: So Why is the Stock Falling?
Shares of Carnival Corp. (CCL) are down more than 5% in Friday morning’s trading session after the cruise line reported its first quarterly profit since before the pandemic. The company’s revenue of $6.85 billion represented not just a 59% growth, but also a new all-time high. The previous high was $6.53 billion in 2019. Analysts were looking for $6.7 [...]
CarMax Falls 9% on Concerns of Struggling Used Car Market: Is it Time to Cut Losses on This Stock?
CarMax (KMX) reported fiscal second-quarter earnings that narrowly exceeded analyst expectations but spoke to a more grave concern of the used car market in general. The stock has fallen more than 9% in Thursday’s trading session as a result. Sales dropped from $8.145 billion this time last year to just $7.074 billion for the second quarter this year. Despite [...]
Does Technical Analysis Work?
You know that technical analysis plays a role in uncovering and validating opportunities, but how effective is it? Does technical analysis work, or are you better off using another means of analyzing stocks? In this quick guide we’ll answer these questions and many others you may have about how effective technical analysis is. We’ll explain how technical analysis works, why [...]
Amazon is Down 4% Amidst a Legal Battle With the US Government: What This Means for Investors
Threats of antitrust lawsuits and government intervention have been a concern for Amazon (AMZN) and its investors for years as the e-commerce giant gobbles up competition and appears more and more like a monopoly. But all this came to a head on Tuesday as the US government announced via the Federal Trade Commission (FTC) that it is suing Amazon [...]
United Natural Foods Falls 24% on Weak Earnings and Dismal Outlook: Time to Sell This Stock?
Providence, Rhode Island-based United Natural Foods Inc. (UNFI) has fallen more than 24% in Tuesday morning’s trading session so far. The company reported fiscal 4th quarter earnings that left much to be desired, while also issuing a warning for the road ahead. The company reported a steep net loss of $68 million for the quarter, which comes out to [...]
