On Friday, shares of Slack Technologies  were downgraded by Goldman Sachs analyst Heather Bellini, on competition concerns. Bellini lowered rating on the  software company’s stock to sell from neutral, citing competition from Microsoft.This means that MSFT’s stock grew somewhat faster than WORK’s over the last 12 months.  

Apple  shares got a price target hike from Jefferies on the iPhone maker’s 5G prospoects. Jefferies analyst Kyle McNealy raised his price target from $370 to $405. McNealy expects there to be four iPhone 12 models, including the two higher-end Pro models with 5G millimeter wave technology. “Specifically, we feel better about Apple’s ability to hold retail pricing for the fall 5G launch relatively consistent with last year while maintaining solid gross margin performance,” McNealy mentioned in a note. Tickeron's A.I.-powered scorecard rates Apple a STRONG BUY. AAPL's Aroon indicator reaches into Uptrend on June 18, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.

Shopify  shares got a price target hike from analysts at RBC Capital. On Thursday,  RBC Capital  analysts boosted their price target on the e-commerce company to $1,000 per share from $825 per share. They reaffirmed their outperform rating.  According to the analysts, the market "still underappreciates" some aspects about Shopify. RBC expects Shopify’s annual revenue to climb to $25 billion by 2028, from an estimated $2.3 billion in 2020. The analysts mentioned that Shopify has garnered more than 1 million merchants on its platform, which is more than triple from 325,000 merchants in 2016. RBC also projects that Shopify's take rate, or the percentage of transactions on its platform that the company keeps, will expand by 30 to 40 basis points in the near term on growth in payment adoption.

Delta Air Lines  plans to continue adding flights through the summer. The airline company is expecting to add about 1,000 flights a day in both July and August, as mentioned by CEO Ed Bastian on a shareholder call Thursday, (reported by CNBC). Domestic capacity in August would still be 55% to 60% of typical totals, Bastian said. Following the additions  Delta plans to pause and assess  how demand looks post-Labor Day before deciding to add further domestic flights, as indicated by Bastian. DAL's 10-day Moving Average moved above its 50-day Moving Average on June 01, 2020 This price move may be construed as a buy signal, indicating that the trend is shifting higher.In 15 of 20 cases where DAL's 10-day Moving Average crossed above its 50-day Moving Average, its price rose further within the subsequent month.

This summer, McDonald's   plans to hire around 260,000 people . The fast food restaurant company said that it had implemented about 50 new safety procedures, as it reopens after months of coronavirus-induced lockdown.The safety measures including closing some seating and tables, cleaning more frequently and keeping play spaces closed.  “Our local business owners are proud to help their communities and provide employment and educational opportunities to hundreds of thousands of people this summer," said Joe Erlinger, president of McDonald's USA. The company operates its restaurants at about 14,000 locations in the U.S. MCD enters a Downtrend because Momentum Indicator dropped below the 0 level on June 17, 2020 This indicator signals that MCD's price has further to drop, since it moved below its price 14 days ago.

Over the last few days the Tickeron A.I.dvisor has generated several signals that point to a downward move for the gold mining industry. First there was a signal on the Direxion Daily Gold Miners Index Bull 2X (NYSE: NUGT) that come from the momentum indicator and shows the odds of success at 89%.A.I.dvisor backtested 103 similar cases where NUGT's Momentum Indicator fell below the 0 level, and 92 of them led to a successful outcome.

Apple  said it would reopen 70 stores across the US this week. So far, Apple has reopened 365 of its 510 global stores. 10 stores in New York City will be reopened.According to a CNBC report, customers in New York will have to make appointments to come in the stores. The iPhone maker will remain cautious in its store reopenings.

PG&E  will issue as much as $6 billion of investment-grade bonds. According to Bloomberg (citing a source), the utilities company’s first-mortgage bonds will be offered in up to six tranches.The largest slice will be from 30-year bonds, which may yield 2.625 percentage points above treasury securities, according to the source. The bond offerings would go an $11 billion financing package to help the company emerge from bankruptcy proceedings. On Monday, PG&E started marketing high-yield bonds and a term loan, which total $4.75 billion, according to Bloomberg. PCG in Downtrend: its price expected to drop as it breaks its higher Bollinger Band on May 18, 2020 This price move signals that PCG may fall back below the higher band and head toward the middle band.

In 23 of 34 cases where SHAK's RSI Indicator exited the overbought zone, the price fell further within the following month.The odds of a continued Downtrend are 68%. Current price $54.36 crossed the support line at $55.14 and is trading between $55.14 support and $51.71 resistance lines. Throughout the month of 05/13/20 - 06/15/20, the price experienced a +17% Uptrend, while the week of 06/08/20 - 06/15/20 shows a -12% Downtrend. Technical Analysis (Indicators) Bearish Trend Analysis The Moving Average Convergence Divergence (MACD) crossed below the signal line.

Telecommunications giant AT&T  is reportedly considering selling its Warner Bros. gaming segment (Warner Bros. Interactive Entertainment, or WB Games  )in a $4 billion deal. According to CNBC, AT&T wants to reduce its $165 billion debt.In 26 of 48 cases where T's MACD histogram became negative, the price fell further within the following month.

Jonas also slashed his price target to $650 from $680. Although  Jonas was optimistic on  Tesla’s role in the adoption of electric vehicles, he also thought that the recent rise in the share price to over $1,000 may not capture some emerging risks.Many of these risks, according to  Jonas, are long-term, and could potentially affect fundamentals (growth and profitability) in a “materially negative way."

Industries such as software have actually benefitted as demand for products that help people work remotely have jumped.The industry experienced a terrible crisis from 2005 through 2011 as the global financial crisis hit. The financial crisis had much of its origins in the U.S. real estate market and that hit the housing industry hard.

For the week ended June 6, the Labor Department reported that Americans made initial jobless claims of 1.542 million, down from the 1.877 million claims for the week earlier.The figure is close to the 1.5 million claims anticipated by economists polled by FactSet. More than 47 million claims for unemployment benefits have been made since the COVID-19 pandemic broke out in March, a record figure in the history of the US labor market. Seasonally adjusted continuing claims ( the number of people who have already filed an initial claim and who have experienced a week of unemployment and then filed a continued claim to claim benefits for that week of unemployment) was 20.929 million for the week ended May 30.  

Beverage company Keurig Dr. Pepper's  largest shareholder Maple Holdings B.V. (a subsidiary of JAB Holdings B.V.) , is planning to sell a 10.1% stake.  The stake represents around 143 million common shares. The shares will be distributed to minority partners, who are affiliates of BDT Capital Partners, affiliates of Quadrant Capital Advisors and the JAB Consumer Fund. Maple owned 868.75 million shares, or 61.7% of Keurig's shares outstanding, as of May 20.After the sale, JAB and subsidiary Maple will jointly own 52.6% of Keurig Dr Pepper. KDP enters an Uptrend as Momentum Indicator exceeded the 0 level on May 15, 2020 This indicator signals that KDP's price has momentum to move higher, since its current price moved above its price 14 days ago.

Hexo reported its latest quarterly revenue that beat analysts’ expectations. The cannabis company’s revenue for the quarter ended April 30 came in at $16.3 million, compared to the $14.9 million that Zacks Investment Research had predicted.The result also surpassed FactSet’s  estimate of just under $15 million. The company’s revenue got a major boost from sales of the "Original Stash" brand. Overall, adult-use cannabis revenue climbed to $22.07 million, up from a little over $17 million in the previous quarter and $10.8 million in the year-ago quarter. Hexo’s gross margins increased by 40%.

Internet retailers offer a wide variety of products like books, apparel, and electronics.  Some companies even specialize in only one or two categories. One potentially critical factor for players to thrive in this space is the quality and speed of product delivery.The websites must be easy to navigate and engaging for customers. In addition to the revenues generated from straight sales, internet retailers can generate revenue from subscription fees and advertising.

Five Below  got share price target hikes from  several analysts. The discount retail company has around 90% of its stores reopened , according to its CEO CEO Joel Anderson.Analyst John Heinbockel mentioned in a report that Five Below should benefit from pent-up demand and from the government’s fiscal stimulus – factors that could lead to modest sales growth in the second half of the year, according to  Heinbockel. RBC Capital Markets analysts raised their share-price target to $115 from $102, and maintained their outperform rating.

On Wednesday, Delta Air Lines  mentioned in a regulatory filing that is anticipating second-quarter revenue to decline -90% year-over-year, on the effect of the covid-19 crisis. The airline also mentioned in the filing that is expecting  systemwide capacity to be down -85%, compared to the June 2019 quarter. The company expects to reduce its average daily cash outflow to about $40 million by June 30,  from about $100 million at March 31.The odds of a continued Uptrend are 65%. 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 62%.

Tesla became the world’s most valuable automaker in terms of market cap, following news of  the electric carmaker being ready to bring the Tesla Semi to volume production.  Tesla stock price edged past  $1,000 per share today.“Production of the battery and powertrain would take place at Giga Nevada, with most of the other work probably occurring in other states.” (as reported by CNBC).Musk did not mention a timeline for production. In November 2017, the company unveiled its Semi commercial truck, initially set to be delivered in 2019.

With the overall market screaming higher in recent weeks and with so many stocks in overbought territory, I went looking for bearish trade ideas that could be used to hedge my long portfolio. I started my search with a quick screen of bearish signals produced by Tickeron's platform.When I pulled Alcoa up specifically and started looking at other aluminum companies, I discovered a potential problem for the group as a whole. The aluminum theme refers to companies engaged in making aluminum components and products.