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.

On Monday, Zillow  shares were upgraded by a Needham analyst, on what the latter perceives as growing willingness among consumers for online realtors’ services. Needham analyst Brad Erickson lifted rating on shares of the online real-estate platform/ brokerage to buy from hold. Erickson thinks that prospective home buyers will have a greater comfort level with online interactions with realtors as the covid-19 pandemic compels them to move much of their lives online through (work from home) and shelter-in-place.He also mentioned that smaller realtors face increasing challenges due to headwinds to lead generation and low inventory – a situation that will propel real estate agent consolidation towards larger agencies and thus enable those agencies to spend more on advertising to grab market share. Erickson did mention downside risks of low inventory leading to transaction softness and macro risk; but said,  "we view these risks as low probability if at all given the curr

NortonLifeLock  got a rating boost from Baird analyst Jonathan Ruykhaver, on strong customer demand. Ruykhaver raised his rating on the cybersecurity company to outperform from neutral.He lifted his price target for Norton shares to $25 from $24.  Ruykhaver mentioned that NortonLifeLock  made “significant progress” with reducing “stranded costs”.

Casino operator Penn National Gaming’s shares  got downgraded to sell from hold, at Deutsche Bank. Although Deutsche lifted its price target (citing "the margin profiles of regional gaming operators will be stronger post the pandemic." ) on Penn National to $22 a share from $12,  the new target still represents an almost -40% potential downside from the stock's Friday closing price.  The investment bank also mentioned that Penn will face a challenge when it comes to improving its margins over its peers , since  "prior margin disciplines and higher-than-peer blended gaming taxes” have compelled Penn, over time, to be “leaner than most", according to the bank. PENN enters an Uptrend because Momentum Indicator exceeded the 0 level on May 15, 2020 This indicator signals that PENN's price has momentum to move higher, since its current price moved above its price 14 days ago.

As the e-commerce behemoth experienced solid consumer demand during the covid-19 lockdown. RBC analysts raised their share-price target to $3,300 from $2,700.RBC’s U.S. online shopping survey revealed that 64% of Amazon customers make at least two purchases per month, higher than  54% a year earlier. Baird analysts boosted their share price target  to $2,750 from $2,550.

Unfortunately, I was also bullish on banks and that sector ranks 32nd out of 33 for its price performance thus far. Of course, the software industry is part of the larger tech sector and you can even break the software companies down into smaller groups.One segment of the software industry that has performed particularly well is the “software as a service” group. What separates this group of stocks from other software manufacturers is that all of these companies provide software that provides specific needs or services for customers.

EBay  boosted its second-quarter-earnings guidance, on surging online sales during pandemic-induced lockdown. The e-commerce company now projects second-quarter revenue to range from $2.75 billion to $2.8 billion.That is a more optimistic outlook compared with an April estimate of $2.38 billion to $2.48 billion. For the second quarter, EBay now expects non-GAAP earnings per share of $1.02 to $1.06, compared to April forecast of 73 cents to 80 cents. On full-year guidance, EBay  did not release any figures, but said it expects the full-year performance to improve from the ranges it mentioned on April 29. “Demand strength is driven by increased organic traffic, better marketing efficiency, and higher platform conversion”, the company said. EBAY in Uptrend: 50-day Moving Average crossed above 200-day Moving Average on May 28, 2020 A buy signal is indicated by this change in price, due to the trend repositioning higher.

  On Wednesday Morgan Stanley analyst Jamie Rollo resumed coverage of Royal Caribbean underweight ratings.Rollo gave Carnival a underweight rating, and downgraded Norwegian to underweight as well. RCL's 10-day Moving Average broke above its 50-day Moving Average on May 08, 2020 This price move may be construed as a buy signal, indicating that the trend is shifting higher.