We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
More Volatility for Tech Stocks & a Final Wave of Retail Earnings Reports
Read MoreHide Full Article
On today’s episode of Free Lunch, Ryan McQueeney discusses the latest trade war news and recent headlines from Apple, Nissan, and Nvidia. The host also chats about why bitcoin has been slumping lately. Later, he previews upcoming earnings reports from retailers Lowe’s, Target, and TJX.
Free Lunch is presented by Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
Stocks were lower on Monday morning after the weekend’s developments in the ongoing U.S.-China trade war cooled optimism about an impending deal. Rhetoric from the two sides had seemed to improve in recent weeks, but after the Asia-Pacific Economic Cooperation failed to agree on a joint statement for the first time and Vice President Pence lobbed criticism in China’s direction, it is unclear again if progress can be made soon.
Tech stocks were among the worst performers in morning trading, with investors continuing to punish Nvidia (NVDA - Free Report) for its post-earnings woes and Apple (AAPL - Free Report) for its sluggish iPhone sales. There was also a strange headline from Japanese automaker Nissan (NSANY - Free Report) , which saw Chairman Carlos Ghosn get arrested on business misconduct charges in Tokyo.
Traders in the cryptocurrency community are also feeling the volatility, as prices of bitcoin, litecoin, ethereum, and the like were all slumping today thanks to renewed concerns about their viability as an asset class and storage of value.
On the first half of today’s show, Ryan covers each of these stories, so make sure to check out the segment for all of the key facts!
Later, Ryan previews upcoming earnings reports from Lowe’s (LOW - Free Report) , Target (TGT - Free Report) and TJX (TJX - Free Report) , a few of the last major retailers to file their latest results this season.
Ryan analyzes these stocks by looking at their share price and earnings outlook momentum, with the objective being to find out whether any of these retailers have seen a divergence in these two key trends.
An attractive divergence ahead of one’s report would be a positive earnings trend and a pullback in the stock. Since share prices tend to follow earnings trends over time, this could give investors room to rise if the actual results come in strong.
Want to know whether Lowe’s, Target, or TJX have seen this divergence lately? Tune into the show to find out!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Image: Bigstock
More Volatility for Tech Stocks & a Final Wave of Retail Earnings Reports
On today’s episode of Free Lunch, Ryan McQueeney discusses the latest trade war news and recent headlines from Apple, Nissan, and Nvidia. The host also chats about why bitcoin has been slumping lately. Later, he previews upcoming earnings reports from retailers Lowe’s, Target, and TJX.
Want more video content from Zacks? Subscribe to Zacks Investment News now!
Free Lunch is presented by Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
Stocks were lower on Monday morning after the weekend’s developments in the ongoing U.S.-China trade war cooled optimism about an impending deal. Rhetoric from the two sides had seemed to improve in recent weeks, but after the Asia-Pacific Economic Cooperation failed to agree on a joint statement for the first time and Vice President Pence lobbed criticism in China’s direction, it is unclear again if progress can be made soon.
Tech stocks were among the worst performers in morning trading, with investors continuing to punish Nvidia (NVDA - Free Report) for its post-earnings woes and Apple (AAPL - Free Report) for its sluggish iPhone sales. There was also a strange headline from Japanese automaker Nissan (NSANY - Free Report) , which saw Chairman Carlos Ghosn get arrested on business misconduct charges in Tokyo.
Traders in the cryptocurrency community are also feeling the volatility, as prices of bitcoin, litecoin, ethereum, and the like were all slumping today thanks to renewed concerns about their viability as an asset class and storage of value.
On the first half of today’s show, Ryan covers each of these stories, so make sure to check out the segment for all of the key facts!
Later, Ryan previews upcoming earnings reports from Lowe’s (LOW - Free Report) , Target (TGT - Free Report) and TJX (TJX - Free Report) , a few of the last major retailers to file their latest results this season.
Ryan analyzes these stocks by looking at their share price and earnings outlook momentum, with the objective being to find out whether any of these retailers have seen a divergence in these two key trends.
An attractive divergence ahead of one’s report would be a positive earnings trend and a pullback in the stock. Since share prices tend to follow earnings trends over time, this could give investors room to rise if the actual results come in strong.
Want to know whether Lowe’s, Target, or TJX have seen this divergence lately? Tune into the show to find out!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>