Bed Bath & Beyond  appointed Juan Guerrero to lead its supply-chain operations. Guerrero becomes senior vice president and chief supply-chain officer at the home goods retail company.Before joining Bed Bath, Guerrero led the supply-chain and merchandising teams at distributor of truck equipment Fleet Pride.

Since the low in March, the overall market has gone through two pretty distinct rallies with brief interruptions in June and now again at the beginning of September.Using the S&P 500 as a barometer for the overall market, we see that the index was up 44.5% from March 23 through June 8.

It can be a little difficult to keep track of and sometimes the trading is done at specified times due to required holding periods. One thing is certain though, it can be concerning when you see insider selling at a number of different firms within the same sector.The dollar amounts of the transactions varied from $1.6 million to as much as $79.7 million. The group as a whole does very poorly on the Tickeron Scorecard with six of the seven stocks earnings “sell” or “strong sell” ratings.

Peloton  reported fiscal year 2020 Q4 earnings that surpassed analysts’ estimates. The online fitness/workout company’s adjusted earnings per share came in at $0.27, beating expectations of $0.10 per share. Revenues of $607.1 million exceeded expectations of $582.5 million. Peloton’s Q4 adjusted EBITDA of $143.6 million yielded an adjusted EBITDA margin of 23.7%. The company's gross margins expanded +275bps year-over-year to 47.6%. Connected Fitness subscription base grew +113% during the quarter to over 1 million. CEO Jill Woodworth said, “We're proud of how quickly we have achieved our profitability, but our priorities are unchanged.The odds of a continued upward trend are 90%. The Aroon Indicator entered an Uptrend today.

Oracle reported fiscal first quarter earnings that beat analysts; expectations. The software/cloud giant’s  adjusted earnings came in at 93 cents a share, compared to the 86 cents a share estimated by analysts polled by Refinitiv. Revenue increased +2% year-over-year to  $9.37 billion, surpassing the $9.19 billion expected by analysts. Q1 revenue from cloud services and license support grew +2%. The company’s Fusion Cloud ERP Suite grew +33% year-over-year.In 31 of 46 similar past instances, the stock price increased further within the following month.

On Wednesday, RBC Capital Markets analysts reiterated their Outperform rating on Facebook shares. RBC also maintained its $320 price target on the social networking behemoths’s stock.Facebook has inserted itself into developing three encouraging product initiatives that lead analysts to "come away with greater conviction" in their above consensus 2021 estimates. According to the RBC analysts, Facebook’s level of product development is very “underappreciated” in the market. The analysts feel that the addition of Marketplace, Shops, and Reels has been a tailwind to the company’s positioning amongst its competitors.

Home goods retail company Bed Bath & Beyond  stock got added to  Wedbush’s  Best Ideas List. Wedbush analyst Seth Basham boosted his share-price target to $18 from $15 and maintained his outperform rating on the shares. Basham said that Bed Bath bounced back to positive comparisons in recent months and is on the cusp of a “dramatic improvement in profitability,".BBBY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents. The Tickeron SMR rating for this company is 15 (best 1 - 100 worst), indicating very strong sales and a profitable business model.

" Hindenburg said it has evidence from phone calls, text messages and emails that  reveals many false statements from the company's founder and CEO Trevor Milton.(according to Hindenburg). "Trevor has managed to parlay these false statements made over the course of a decade into a ~$20 billion public company," Hindenburg wrote.

Peloton Interactive  is reportedly gearing up for the launch of a cheaper treadmill and a high-end bike, according to Bloomberg. The exercise equipment /media company’s new treadmill, called Tread, will cost less than $3,000, compared with $4,295 for the existing model, Bloomberg reported.Tread will be smaller in size and have a cheaper belt design like most other treadmills in the market compared with the current model’s slat design, Bloomberg said, citing people familiar with the matter who asked not to be named. The current treadmill will be renamed the “Tread+”, and continue to be sold as a high-end product of the company. A new bike, called Bike+, will likely be more expensive than the existing $2,245 model.

Broadcom   reported third-quarter earnings that surpassed analysts’ expectations.The odds of a continued Downtrend are 60%. Fundamental Analysis (Ratings) Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 56%.

As I write this during the morning session of Friday, September 4, we are seeing some following through selling with all 11 main sectors down—just as they were on Thursday. Looking at Tickeron’s Scorecard for the 11 Select Sector SPDR ETFs, there are only three sectors that are considered buys at this point.The one that jumped out at me was the Technology Select Sector SPDR (XLK) which has been hit the hardest over the last two days.

Alongwith several investors probably trying to take the profits, another factor behind Friday’s decline was Friday the two-day dive by the entire technology sector. Also, on Wednesday, investment firm Baillie Gifford, the largest institutional investor in Tesla,  announced it had reduced its stake to below 5% in line with its portfolio guidelines.According to a Securities and Exchange Commission filing, the U.K.-based investment  group now owns less than 5% of Tesla, down from 6.32% (according to data from FactSet). Tickeron's analysis showed that  TSLA in -14.33% Downtrend, sliding for three consecutive days on September 03, 2020 As a Bearish sign, keep an eye on this company's ticker for future decline.

The Invesco Solar ETF (TAN) has gained 26.2% in the past month while the price of West Texas Crude is only up 5.8%. This separation in the performances of the solar stocks and oil prices came to my attention when I was looking at the Group Trends on Tickeron’s Screener.The solar theme has 13 stocks in it and that is a more concentrated group than the Invesco Solar ETF, thus the big discrepancy in the gains. The overall gain has been influenced greatly by a huge gain in VivoPower International (VVPR).

On Thursday, General Motors   and Honda  inked  a non-binding memorandum toward building a North American automotive alliance. The two automakers plan to collaborate on various segments in North America, and to share common vehicle platforms, including both electrified and internal combustion propulsion systems. According to the companies, discussions on plans will start immediately, with engineering work beginning in early 2021. The partnership between GM and Honda is a major expansion of existing collaborations between the two companies on autonomous vehicles, connected vehicle technology and fuel cells.GM’s [@Motor Vehicles] market capitalization is $44.3B.

The company had its IPO last month. The parent company of mortgage-lending giant Quicken Loans reported earnings of $3.5 billion (compared to a loss of -$54 million in the year-ago period).Adjusted earnings before interest, taxes, depreciation and amortization were $3.8 billion. Quarterly revenue came in at $5 billion. The company’s closed origination volume in the quarter was a record $72.3 billion, a +126% surge year-over-year. Rocket posted net-rate lock volume of $92 billion, up +170% from the year ago period.

On Tuesday, RBC revealed its expectation that Netflix  subscribers  could reach 500 million by 2030 from the current 193 million . RBC analyst Mark Mahaney raised his price target on the streaming giant’s shares by 15% to $610 a share.The odds of a continued Downtrend are 65%. The Aroon Indicator entered a Downtrend today.

Zoom Video Communications posted its fiscal second quarter results that crushed analysts’ estimates. The video conferencing tech company’s non-GAAP earnings came in at 92 cents per share, well above consensus of 45 cents.  Sales surged  +355% year-over-year  to $663.5 million, exceeding  analyst consensus of $500 million. For the current quarter, Zoom projects total revenue to be within a range of $685 to $690 million.It expects  non-GAAP income of 73 or 74 cents.  Looking farther ahead, Zoom raised its full-fiscal year sales guidance to between $2.37 billion and $2.39 billion (reflecting an expected year-over-year increase of 281% to 284%), versus prior guidance of $1.775 and $1.8 billion.

On Tuesday, Tesla  announced plans to sell up to $5 billion worth of its stock in an "at-the-market" offering program. In a Securities and Exchange Commission filing, the electric carmaker stated that it has entered into a “equity distribution agreement” to sell up to 10 million shares, or about 1.1% of its total shares outstanding. Tesla’s move apparently seeks to take advantage of its recent stock price climb and split.In 34 of 44 cases where TSLA's MACD histogram became positive, the price rose further within the following month.

Amgen (AMGN), Honeywell (HON), and Salesforce.com will be added to the index. The changes mark the first time since September 2013 that multiple companies have been dropped and added at the same time.Honeywell for Raytheon makes sense since both are industrial companies with ties to the defense industry. The one that doesn’t make much sense is swapping out Exxon Mobil and replacing it with Salesforce.com.

Berkshire Hathaway (NYSE:BRK.A) has filed its final 13f report for 2018 detailing its stock investments and, as usual, people are poring over it like Cold War Kremlinologists … the headlines, however, screamed about Buffett selling out of Apple (NASDAQ:AAPL) stock. READ MORE...