Barclays believes a market “melt-up” could be on the horizon if three things materialize in the near future: A trade truce,  Federal Reserve rate cuts and the economic slowdown only being a soft patch.

The yield on the benchmark 10-year Treasury note fell below 2% on Tuesday as investors looked for safety following the release of much weaker-than-expected confidence data. The yield traded at 1.98% as of 11:02 a.m.The 2-year rate also slid to 1.71% while the 30-year bond yield declined to 2.52%.

Home construction and real estate company Lennar’s fiscal second-quarter earnings edged past analysts’ expectations. Lennar reported earnings of $1.30 a share for the three months through May, compared to analysts’ estimates $1.15 a share. Revenue for the quarter increased +2% year-over-year to $5.2 billion. Home-purchase contracts in the quarter rose +1% from a year earlier to 14,518 homes.A decline in mortgage rates seems to be one of the factors to have bolstered Lennar’s profits.

FactSet shares rose during pre-market trading, following news of its fiscal third-quarter earnings beat. The financial data services company reported earnings of $2.62 per share, which surpassed analysts’ estimates of $2.36 per share.The figure also reflects a +20.2% increase from the same quarter in the prior year.  Revenue of $364.5 million also came in higher compared to the Street expectations of $359.25 million. According to CEO Phil Snow,  FactSet’s performance reveals resilience of the company’s long-term strategy in the face of sector and industry headwinds.

J.P.Morgan analyst Stephen Tusa is sticking to his guns when it comes to General Electric, despite getting “questions and pushback” from his skepticism of GE’s announcement at the Paris Air Show last week.

The growing internationalization of Chinese equities and bonds means China is now “too big to ignore,” according to FTSE Russell Managing Director of Global Markets Research, Philip Lawlor. FTSE Russell kicked off the first phase of its Chinese A-share inclusion on Monday, starting with its Emerging Index.The move sees 1,000 small, medium and large cap Chinese companies added to the index, representing initial net passive inflows of $10 billion of assets under management.

Since going public last September, Farfetch Limited (NYSE: FTCH) has been all over the place in terms of its stock price.We see that a similar crossover in May came just ahead of a cycle lower. The Tickeron Trend Prediction Engine generated a bearish signal for Farfetch on June 18 and the signal showed a very high confidence level at 90%.

I cited a downward sloped trend line, a bearish crossover from the daily stochastic readings, and a bearish signal from the Tickeron Trend Prediction Engine as the reasons for the bearish posture. The stock was trading just under $34 at the time of that blog entry and it would eventually fall to $27.This signal calls for a decline of at least 4% over the next month. American’s fundamentals are part of the reason for the downward trend.

Shares of Disney slid -1.6% Monday, following a rating downgrade by Imperial Capital.  In November, Imperial analyst David Miller assigned an outperform rating on Disney.Its shares have rallied around +26% since then. And now, analysts at Imperial Capital have lowered their rating on the mass media/entertainment giant's stock to in-line from outperform, as they now feel that its valuation could have gotten too expensive.

A proposal in Rome to issue small-denomination bonds to help pay back its debts could have disastrous consequences for the Italian economy, an analyst has told CNBC. The Italian government is considering a proposal that would see the treasury issue securities — so-called mini-BOTs (short-term treasury bills) — that could be used by recipients to pay taxes or to buy goods or services from state-owned companies.

Metro-Goldwyn-Mayer has reached a new low, by suing the victims of the Las Vegas shooting.In defense of MGM, over two-thousand people are threating to sue the media conglomerate, so the company needed to take some action to defend themselves. 

Unfortunately for MGM shareholders, the stock wasn’t able to maintain that momentum and has been trending lower since the February high. Looking at the daily chart we see that by connecting the February high with the April high we get a downward sloped trend line.After rallying for the last few weeks, the stock is now hitting that trend line and it is overbought based on the stochastic readings and the 10-day RSI. The Tickeron Trend Prediction Engine generated a bearish signal for MGM on June 14.

Shares of MoneyGram International soared on Tuesday, following blockchain startup Ripple’s plans to invest in the company. MoneyGram is a money transfer services company based in the U.S. Ripple has agreed to buy $30 million of MoneyGram's fresh shares at $4.10 a share.  It might also  purchase another $20 million at its discretion at a minimum of $4.10. MoneyGram’s services encompass 200 countries and territories, with around $600 billion processed in the global remittance market. Under the terms of the deal, MoneyGram will use Ripple’s XRP  technology to process cross-border transfers of digital funds for at least two years. With nearly $900 million in total debt, MoneyGram indicated that it is close to a refinancing of a loan and revolving credit facilities following the investment.  For Ripple, the deal could potentially spell a critical opportunity for it to prove the effectiveness of its crypto technology in lowering time and costs associated with fu

The Dow Jones Industrial Average gained 256 points at the open, led by Caterpillar and Exxon Mobil.The Dow was also within 1% of its record high, while the Nasdaq remained 1.3%.

The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 overnight after the Federal Reserve on Wednesday signaled rate cuts were likely on the way.

Tesla shares declined Thursday, following a price cut by Goldman Sachs analysts. Goldman analyst David Tamberrino slashed his 12-month price target on Tesla to $158.00 from $200.00 while maintaining a "sell" rating for the electric carmaker’s stock. Tamberrino indicated that the current quarter’s car deliveries could meet market forecasts, but estimates for the second half of the year look stretched.He feels that there are  fewer levers (such as lower prices and leasing options) to use for stimulating demand going forward. Earlier this month, Tesla founder and CEO Elon Musk said there was a "decent chance" of a blockbuster quarter, which could include deliveries of between 90,000 and 100,000 clean-energy cars.

Darden Restaurants missed fiscal fourth-quarter revenue estimates, sending its share down -4% Thursday morning, The restaurant company’s quarterly revenue increased +4.5% year-over-year to $2.23 billion, but lagged  analysts’ estimates of $2.24 billion (based on Refinitiv poll of analysts). Total same-store sales growth across all of Darden’s restaurants came in at +1.6% for the quarter, falling short of analysts’ estimates of +2.3%.Darden mentioned a decline of -0.4% in  foot traffic to its Olive Garden locations open at least a year.It reported adjusted earnings per share of $1.76, compared to Wall Street’s estimates of $1.73. Looking ahead, the company expects same-store sales growth of 1% to 2%, and net earnings per share of $6.30 to $6.45.

Kroger's earnings surpassed analysts' forecasts for the fiscal first-quarter, but its shares fell  more than -0.3% Thursday. The grocery store chain reported adjusted earnings of 72 cents a share, compared to analysts’ estimates of 71 cents. Revenue of $37.3 billion came in higher than FactSet consensus of $37.19 billion.The grocery’s digital sales surged +42%. For full year 2019, Kroger reiterated its identical sales growth forecast range of +2.00% to 2.25%, and adjusted earnings-per-share projection range of $2.15 to $2.25. 

Oracle’s largest business segment, Cloud Services and License Support, generated $6.80 billion in revenue, beating consensus estimate of $6.76 billion (based on analysts’ poll by FactSet). Looking ahead, Oracle expects earnings in the range of 80 cents to 82 cents per share, excluding certain items, and revenue growth of flat to 2 percent for the first quarter of the 2020 fiscal year.Analysts polled by Refinitiv had predicted 80 cents per share for the quarter on 1.7% revenue growth.  For the full fiscal year 2020, the company projects that earnings per share would experience double-digit growth, and that revenue would grow faster compare to last year in constant currency.

Avalara (NYSE: AVLR) is a cloud-based software firm that specializes in tax compliance worldwide.The stock just hit the trend line on June 14 before bouncing sharply higher. The stock could see some resistance in the $75 range as it has attempted to move above that level on three different occasions without success. The Tickeron Trend Prediction Engine generated a bullish signal for Avalara on June 14 and the signal shows a confidence level of 90%.