The stock briefly dipped below the $50 level back on December 26, but it rallied sharply in the last six months and hit a recent high of $84.30 on June 13.The indicator has turned higher in the last few days and the stochastic indicators made a bullish crossover on June 21. Tickeron’s Trend Prediction Engine generated a bullish signal for Tyson on June 20.

Back on April 23, I posted a blog entry about Tesla (Nasdaq: TSLA) and how the stock was in a clear downward trend ahead of the company’s earnings report.The stochastic readings have been hovering in overbought territory for the past few weeks and made a bearish crossover on June 20. The Tickeron Trend Prediction Engine generated a bearish signal on Tesla back in April and it did so again on June 19.

Google on Thursday announced a new feature that will help you avoid crowded buses -- at least if you have a choice of when to commute. Google Maps for Android and iOS is receiving an update that gives you information on how crowded a bus typically is at the time of day when you’re planning to ride it.For instance, it might say that there’s “usually standing room only” if the bus is crowded.

As Facebook explores how to establish more independent oversight for the company, CEO Mark Zuckerberg is proposing a type of court system where appeals can be elevated if people disagree on how controversial content is treated.  Facebook released a new research report on Thursday summarizing its findings based on input from over 2,000 people in 88 countries.

When the yield curve inverted (short-term Treasury rates rise above long-term yields) earlier this year, investors began worrying it was signaling a recession. Now months after staying inverted, yields on parts of the curve are starting to steepen, or show a greater difference in value, a sequence which could be the true sign of economic trouble ahead, some on Wall Street said.

Twitter said Thursday it will start labeling tweets from influential government officials who break its rules. Shares of Twitter dipped about 1% on the news but recovered slightly. The new rule, announced in a blog post, responds to a common criticism of Twitter while being careful to avoid allegations of political bias.

Conagra reported fiscal fourth-quarter earnings that fell short of analysts’ expectations. The packaged foods company reported adjusted earnings of 36 cents a share, compared to 41 cents a share that analysts polled by FactSet had estimated.However, the figure is still below the $2.06 a share forecast by analysts polled by FactSet Conagra also lowered its full-year fiscal 2020 adjusted earnings guidance to $2.08 to $2.18 per share, compared to its prior forecast of $2.10 to $2.20.

Ford Motor Co. announced plans to slash more than 12,000 jobs across Europe by the end of next year. The job cuts are a part of the automaker’s restructuring plan to boost profts.According to the company, many of the job layoffs will come from voluntary separation agreements. Ford’s earnings for the three months ending in March surged nearly 52% from the same period last year, to 44 cents a share – beating analysts’ estimates. Last month, Ford CEO Jim Hackett said that the company is entering the final phase of its plan to lay off 7,000 salaried positions globally, which is about 10% of its workforce, as it seeks to save $600 million a year. 

Walgreens Boots Alliance’s fiscal third-quarter earnings surpassed analysts’ estimates, as the pharmacy retail giant bounced back with strong prescription drug sales. Walgreens reported adjusted earnings of $1.47 a share for the quarter ended May 31, compared to analysts’ expectations of $1.43. Revenue of $34.59 billion also came in higher than analysts’ estimates of $34.46 billion.Three analysts polled by Refinitiv had expected a 2.9% rise in same-store sales. CEO Stefano Pessina emphasized that after a challenging second quarter, Walgreen has been able to improve its performance in the third quarter and has progressed in line with the goals set.    

The rally in oil prices has caused a number of energy related ETFs to jump as well.  The Direxion Daily Energy Bull 3X Shares (NYSE: ERX) has rallied from the $15.50 level to a high of $20.11 on June 21.In addition to the extremely high confidence level, 100% of past predictions on the ERX have been successful. 

Wilmington Trust’s chief economist believes the market rally’s foundation is on shaky ground. With the S&P 500 seeing its best June since 1955, Luke Tilley warns that investors are getting excessively optimistic on U.S.-China trade talks and Federal Reserve policy.

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.