8:00am (EST) The stock market rebounded on Friday with the slight gains keeping a tight trading range intact. More importantly, last week’s action may have been the start of a near-term bottoming process for the major indexes. The Nasdaq...
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8:00am (EST) The stock market showed strength on Wednesday to continue this week’s seesaw action following the afternoon Fed news. As expected, the central bank stayed on course for two more rate cuts this year while revising its outlook for...
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Here are some reasons it may have gapped up: 1) Positive Analyst Coverage: Several analysts have upgraded their ratings on RIG in recent days, citing the company's strong financial performance and positive outlook for the offshore drilling...
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Here are some reasons it may have gapped down: 1) Disappointing Financial Results: TELL reported a wider-than-expected loss in its Q2 2024 financial results, released after the market closed on Sep 10th. 2) Production Delays: The company announced...
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Here are some reasons it may have gapped up: 1) Positive Analyst Coverage: Several analysts have upgraded their ratings on PLUG in recent days, citing the company's strong growth prospects in the hydrogen fuel cell market. 2) Hydrogen Economy...
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Here are some reasons it may have gapped down: 1) Analyst Downgrade: Morgan Stanley downgraded PLTR from ""Overweight"" to ""Equal-Weight"" on September 10th, citing concerns over the company's growth prospects. 2) Weak Sales Guidance: In its...
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(Sep 9, 2024). Here are some reasons it may have gapped up: 1) Strong Earnings Report: NVDA beat analysts' earnings estimates in its Q2 2024 report, released after the market closed on Sep 8th. 2) Positive Analyst Coverage: Several analysts have...
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