Newsfeeds Archive - Page 2 of 9

2 minute read

Coinbase Investors Applaud Layoffs: Is The Stock Turning Around, Or Does Bitcoin ‘Have A Date With $10K’?

January 10, 4:09 PM

As more and more technology companies announce layoffs, the investor reaction to the job reductions has been mixed. The latest company to announce layoffs is Coinbase Global Inc (NASDAQ: COIN), which is Tuesday's PreMarket Prep Stock of the Day.

COIN

2 minute read

Media

Are Macy’s Shareholders In For A Surprise? PreMarket Prep Checks In

By Joel Elconin

January 9, 3:34 PM

Sometimes the timing of when bad news is announced by a company can soften the impact of the potential price decline. For example, when the news is released after the close on a Friday, there is a chance the Street may overlook or forget the bad news by Monday morning.

3 minute read

Why JPMorgan Chase Is Holding Up In Down Market: What The Stock Chart Says

By Joel Elconin

January 3, 4:19 PM

Not all issues are off to as a rocky start to the New Year as the S&P 500 index. In fact, with a potential recession looming in 2023, one would expect the banking sector to be taking it on the chin along with the broad market.

JPM

2 minute read

The Key Level Micron Bulls Must Defend As Stock Pulls Back On Q1 Miss

By Joel Elconin

December 22, 5:00 PM

While a few good earnings reports took the markets higher Wednesday, a few bad earnings reports and some hot economic data were weighing on the markets in Thursday’s session.

2 minute read

FedEx Investors Push Buy Button After Q2 Earnings Beat: How PreMarket Prep Nailed The Stock Move

By Joel Elconin

December 21, 6:39 PM

FedEx Corporation (NYSE: FDX), a company that some consider a bellwether for the markets and the economy, reported a second-quarter beat after the close on Tuesday.

FDX

2 minute read

General Mills Stock Goes Stale After Q2 Earnings: ‘This Is A Crowded Trade’

By Joel Elconin

December 20, 7:00 PM

One of the few bright spots in the markets this year has been companies in the food industry. With inflation or not, people need to eat and feed their families. And companies in this industry can more easily pass on any increases in costs to produce their products, as consumers will cut corners somewhere else to put meals on the table.

GIS

3 minute read

Hold On To Your AirPods: Why Apple Stock Could Be Headed For 2021 Lows

By Joel Elconin

December 19, 6:49 PM

Technical analysis of trading instruments can be made very complicated and confusing. The co-hosts attempt to filter through all the jargon on the PreMarket Prep show. This is accomplished by focusing on the basic tenets of technical analysis: support, resistance and an issue's closing price.

AAPL

2 minute read

Is Darden Restaurants Stock Overcooked? A Look At The Chart After Q2 Earnings

By Joel Elconin

December 16, 5:31 PM

Despite the S&P 500 index being in a yearlong beat market, many issues are at or near all-time highs. One of those issues is Darden Restaurants, Inc. (NYSE: DRI) which is the PreMarket Prep Stock of the Day.

DRI

2 minute read

The Stock Market Dynamic That’s Adding Fuel To Roblox’s Dumpster Fire

By Joel Elconin

December 15, 4:22 PM

Following Wednesday’s late-day swoon, coupled with weakness in the futures during premarket trading, no stock was immune from selling pressure. The last thing an issue needed was some bad news to intensify its potential decline.

RBLX

3 minute read

How Do GameStop-Style Short Squeezes Work Out For Retail Investors In The Long Run?

By Joel Elconin

December 9, 5:13 PM

The pandemic created a lot of “firsts” in our world and it created many in the investment world in particular. For one, the usage and discussion of the term “short squeeze” became an everyday word.

AMC