They also hiked  the price target to $135 from $105 per share.  Bernstein’s optimism on the company follows Qualcomm’s announcement last week that it had resolved a long-standing legal dispute with Chinese mobile device maker Huawei. Also analyst Stacy Rasgon noted, "In the meantime, even in the middle of a pandemic the 5G content story is mostly supporting things, and hope remains for a cyclical recovery next year.The odds of a continued Uptrend are 66%. The Aroon Indicator entered an Uptrend today.

Life insurance companies mainly sell policies that pay a death benefit as a lump sum upon the death of the insured.Life insurance firms may also sell long-term disability policies that help to replace the insured’s income if they become sick or disabled. Over the last week the life insurance group has been one of the worst performing groups in terms of stock returns.

As of today, it has infected fifteen million people and killed over six hundred thousand.As a trader, it’s difficult to wrap your head around because technical analysis alone cannot accurately predict market behavior during conditions like we are currently experiencing.

Wingstop reported second-quarter earnings that surpassed analysts’ expectations. The restaurant chain specializing in chicken wings raked in earnings of 39 cents a share, from 17 cents in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings per share of 30 cents. The company’s revenue increased +36% year-over-year to $66.1 million, compared to FactSet analyst consensus of $62.5 million. "We benefited from a steadfast focus on expanding our digital business and leveraging delivery to make it seamless for fans to access … wings, fries and sides," Chief Executive Charlie Morrison said in a statement. Wingstop announced its dividend of 14 cents a share, +27% higher than the 11 cents last quarter.The odds of a continued Uptrend are 80%. Bearish Trend Analysis The RSI Indicator appears to be shifting from an Uptrend to a Downtrend.

Marijuana company Aphria  reported a fiscal-fourth-quarter loss amid the coronavirus pandemic. For the quarter ended May 31, the Canadian  company experienced a loss of -C$98.8 million (US$74 million), or -39 Canadian cents a share, compared to FactSet analyst consensus called for a loss of -3 cents a share.In the year-ago quarter, profit came in at C$15.8 million, or 5 cents a share. Revenue rose +18% year-over-year to C$152.2 million in the latest quarter.Million. The average selling price of adult-use cannabis, before excise tax, fell 4.4% to $5.23 a gram from $5.47, primarily due to a change in sales mix and price reductions in key markets to solidify market share, according to Aphria. According to Tickeron, APHA's Aroon indicator reaches into Uptrend on July 28, 2020 For traders, this could mean going long on the ticker or exploring call options in the next month.

Shopify Inc.  reported second quarter earnings that beat expectations.  The e-commerce company’s  earnings for the three months ending in June came in at 29 cents per share per share, surpassing the Street consensus forecast of 1 penny per share.That compares to a loss of 26 cents per share over the same period last year. Total revenues surged +97% year-over-year to $714.3 million, while gross merchandise volumes more than doubled to $30.1 billion. Monthly recurring revenues was $57 million as of June 30, a 21% increase year-over-year. According to Tickeron, SHOP enters an Uptrend as Momentum Indicator exceeded the 0 level on July 27, 2020 This indicator signals that SHOP's price has momentum to move higher, since its current price moved above its price 14 days ago.

Many of the top pharmaceutical companies are working on a vaccination for COVID-19.The global pandemic has certainly changed the fortunes for a number of companies and the attention is obviously warranted. We don’t have a vaccine yet and there is definitely a race on between big pharma companies to produce a viable vaccine.

We are in the heart of the second quarter earnings season and we have already heard from a number of big tech companies.At least the reaction from investors has been negative. Earnings results will continue to roll in this coming week and the telecom equipment industry will be in the spotlight.

Pharmacy store chain Walgreens Boots Alliance Inc.  announced that Stefano Pessina will step down from his role as CEO after five years at the company.He will become executive chairman instead. “I want to thank our team members around the world for their extensive achievements in the last five years, as we have fulfilled our purpose to help people lead healthier and happier lives,” said Pessina.

Google   is extending its work-from-home mandate for employees until at least next July, according to the Wall Street Journal which  cited sources familiar with the matter. “To give employees the ability to plan ahead, we’ll be extending our global voluntary work from home option through June 30, 2021 for roles that don’t need to be in the office,” Google CEO Sundar Pichai wrote in a memo to employees seen by CNN.In 28 of 35 cases where GOOGL's price crossed above its 50-day Moving Average, its price rose further within the subsequent month.

Biotech company Biogen received a double upgrade to an overweight rating from analysts at Morgan Stanley.P/S Ratio (3.31) is also within normal values, averaging (1243.63). The Tickeron PE Growth Rating for this company is 68 (best 1 - 100 worst), pointing to slightly better than average earnings growth.

Amazon.com  got price target hikes from several analysts. The coronavirus pandemic has boosted the company’s performance, as consumers stuck at home are doing their shopping online. Bank of America boosted its price target on the e-commerce company’s shares to $3,280 from $3,000.“Covid-19 and the stay-at-home response for many consumers should result in substantial revenue upside in Q2, with the company’s burgeoning grocery business likely a key driver,” Wedbush analyst Michael Pachter wrote. Pachter  further wrote, “despite our optimism on top-line performance in Q2, we need to see the profitability trends and operating leverage (if any) highlighted in Q2 results and Q3 guidance (and potentially beyond) before we adjust our EBITDA estimates for future periods”. Accoridng to Tickeron, AMZN  is in Downtrend: its price expected to drop as it breaks its higher Bollinger Band on July 09, 2020 This price move signals that AMZN may fall back below the higher band and

Twitter posted a wider-than-expected second-quarter loss. The social networking behemoth’s  adjusted loss in the quarter was 16 cents a share – a result worse than the breakeven per share that analysts polled by FactSet had been expecting.  Revenue of $683.4 million fell from the year-ago quarter’s $841.4 million, and was also below  analysts’ forecasts of $701.6 million. The company’s ad revenue suffered a -23% decline year-over-year.

On Thursday, PulteGroup  posted second-quarter earnings that beat analysts’ expectations. The home construction company’s second quarter earnings came in at an adjusted $1.15 a share, exceeding the 87 cents a share expected by analysts polled by FactSet. Revenue climbed +4.2% year-over-year to $2.59 billion, compared to $2.53 billion expected by analysts surveyed by FactSet. Home-sales revenue revealed a +6% increase in closings, to 5,937 homes.However, the increase was partly offset by a -3% decrease in average sales price to $416,000.  Net new orders fell -4% year over year to 6,522 homes with an average sales price of $410,000, down from $426,000 in the year-ago period. PulteGroup  said it paid down the $700 million it had borrowed as a precaution in March when the coronavirus pandemic broke out.  According to Tickeron, PHM in +4.95% Uptrend, advancing for three consecutive days on July 22, 2020 As a Bullish sign, keep an eye on this company's ticker

Dow  reported a narrower-than-expected loss for the second quarter.In 6 of 9 cases where DOW's MACD histogram became positive, the price rose further within the following month.

Tesla reported its second quarter earnings that surpassed analyst’ expectations. The electric carmaker’s earnings for the quarter came in at $2.18 (ex-items) per share, well ahead of than  3 cents a share expected by analysts (based on Refinitiv data).The EPS marks a turnaround from the year-ago quarter’s adjusted loss of $1.12 a share. Revenue of $6.04 billion fell -5% year-over-year, but beat estimates of  $5.37 billion. “Demand is not our problem,” Chief Executive Elon Musk told analysts on a conference call after the results.

Nike is planning job cuts that is estimated to lead to $200 million to $250 million in one-time employee termination costs, as the company focuses on a strategy shift. The athletic clothing and footwear company had announced in June a new strategy in its e-commerce push called the Consumer Direct Acceleration, amid conronavirus pandemic-induced consumer shift from brick and mortar stores to online shopping. While Nike did not specify the number of job cuts, it did say the online push was “expected to lead to a net loss of jobs across the company," resulting in the one-time charge. Last quarter, Nike’s e-commerce sales grew +75% even as overall revenue fell. Tickeron analysis shows that NKE's price moved above its 50-day Moving Average on July 21, 2020 This price move indicates a change in the trend, and may be a buy signal for investors.In 34 of 42 cases where NKE's price crossed above its 50-day Moving Average, its price rose further within the subsequent month.

Pharmaceutical company Pfizer Inc. agreed to provide 600 million doses of its developing coronavirus vaccine to the U.S. government.  In an agreement with the U.S. Department of Health and Human Services and the Department of Defense, Pfizer, and its German partner, BioNTech BNTX, will receive $1.95 billion for the first 100 million doses of its BNT162 mRNA-based vaccine.The vaccine is subject to regulatory approval. Last week, Pfizer’s  BNT162 vaccine candidates received 'fast track' designation by the U.S. Food and Drug Administration, based on preliminary data from Phase 1 and Phase 2 studies. According to Tickeron, PFE's price moved above its 50-day Moving Average on July 15, 2020 This price move indicates a change in the trend, and may be a buy signal for investors.

All three of these metals are largely used in jewelry, art and coinage along with having some industrial uses as well. To be honest, I hadn’t noticed silver’s big rally until I looked at Tickeron screener’s group trend this morning.When I clicked on the top performers for the past week, silver stocks were the top performing group with a gain of 13.9%. I proceeded to click on the group to look at the different indicators for the 12 stocks in the group.

On Tuesday, Bank of New York Mellon  appointed  Emily Portney chief financial officer.  Portney succeeds Mike Santomassimo , who stepped down to take the same position at Wells Fargo . Portney previously led the client management, sales and service teams for BNY Mellon's asset-servicing business. She had also been CFO for Barclays International  prior to joining BNY.This means that WFC’s stock grew significantly faster than BK’s over the last 12 months. WFC ($101B) has a higher market cap than BK ($31.8B). BK has higher P/E ratio than WFC: -27.489 vs -52.906. BK YTD gains are higher at: -27.489 vs. WFC (-52.906). BK has less debt than WFC: 44.4B vs 291B. WFC has higher revenues than BK: 86.5B vs 19.7B.