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MarketBeat Week in Review – 5/27 - 5/31
The major exchanges closed the week quietly after a sharp sell-off to start the week. Friday’s reading of the April 2024 Personal Consumption Expenditures (PCE) index aligned with expectations. This
Foot Locker’s Quarter Sends Doubters Running
After reporting its first quarter 2024 financial results, shares of Foot Locker Inc. (NYSE: FL) jumped by as much as 40% as markets reacted to what could be the retail sector’s latest turnaround
Costco Wholesale Can Hit New Highs; A Rebound Is Coming
Costco Wholesale (NASDAQ: COST) is highly valued because the pullback in price action provides a strategic opportunity to capitalize on it. The reason is evident in the results and in the
Chevron Eyes Hess, Exxon Resists: Here's the Trade
There are plenty of ways for investors to gauge the amount of activity, or lack thereof, within an industry. One way can be seen in how the most prominent players interact with each other, mainly
Bargain Alert: Amazon and Its 35% Upside
Having hit an all-time high earlier this month, tech titan Amazon.com Inc (NASDAQ: AMZN) shares have been taking a bit of a break. They’ve softened to the tune of 7% over the past three weeks, but