Headlines & Special Reports

Netflix, Inc. (NASDAQ:NFLX) Broke Out, But Concerns Exist

For Netflix, Inc. (NASDAQ:NFLX) there are a few concerning issues, but technical breakouts occurred recently and those should be respected.  By rule, if stocks breakout beyond longer term resistance like NFLX did buy signals surface, but those only are maintained if the stock also continues to hold above that former resistance level (we call it converted support).  This is exactly what happened with NFLX yesterday as the stock broke out.

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Growth Rates a Concern for The TJX Companies, Inc. (NYSE:TJX)

The recent revision to the GDP report was predicated on a reduction in consumer spending, something that every retail company should be concerned with.  The decisions consumers make with their pocketbooks affect 75% of GDP growth according to some estimates, and therefore the consumer is the most important aspect of our economy.

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The Select Sector Financial Slct Str SPDR Fd (NYSEARCA:XLF) and Macroeconomic Risks

Banking stocks like Bank of America Corp (NYSE:BAC), W ells Fargo & Co (NYSE:WFC), and Citigroup Inc (NYSE:C) have been direct beneficiaries of the capital infusions by the FOMC, with WFC showing the most consistent results by far, but the macroeconomic landscape is now changing, and that could impact the financial sector accordingly.  The Select Sector Financial Slct Str SPDR Fd (NYSEARCA:XLF) may provide the best observation of the transitions set to come.

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Apple Inc. (NASDAQ:AAPL) Investors have Reason to be Concerned

Investors in Apple Inc. (NASDAQ:AAPL) have reason to be concerned.  The stock absolutely stabilized after an eye opening pullback that clearly overshot to the downside, but given the growth rate and the expectations that exist for the company the stock at current prices may indeed have overshot to the upside just recently.

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Gilead Sciences, Inc. (NASDAQ:GILD) is the Stock of the Week

Gilead Sciences, Inc. (NASDAQ:GILD) has been selected as the Stock of the Week by Stock Traders Daily this week.  After recent eye popping increases in the stock price and corresponding increases in earnings the stock has become quite volatile and that makes it an exceptional trading vehicle for proactive traders who pay attention to stock price fluctuations.  The objective of our Stock of the Week strategy is to take advantage of those fluctuations.

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