One of the best-performing areas of the economy over the past year has been the Consumer Discretionary sector, which has increased in value by about 38% over that period, as measured by the S&P 500 Consumer Discretionary Sector SPDR ETF (XLY). Much of that bullish move was driven by the consumer shift during the restrictive […]
Read MoreOne of the sources of a lot of conversation among talking heads and market analysts in general lies around the “reopening” concept. With social and business restrictions easing across the United States, many of the activities we all enjoyed prior to the global pandemic are coming back into a vogue. The most recent Memorial Day […]
Read MoreRecessionary economic conditions tend to challenge a lot of different segments of the market. Some sectors of the economy are commonly seen as smart, defensive places to put your money to work in when the health of the broad economy is uncertain. Consumer Staples stocks in the Food Products industry, Healthcare stocks of all types […]
Read MorePlus, Corn futures rose to their highest level since 2013, Pfizer plans to apply for full approval for its COVID-19 vaccine in the U.S. by the end of this month, and Sotheby’s will accept Bitcoin and Ether in an upcoming art auction.
Read MorePlus, United Airlines shares are down after the carrier reported its fifth consecutive quarterly loss, Canadian National Railway issued a competing bid for Kansas City Southern, and Gap is expanding its Athleta brand to Canada.
Read MoreFor the past year, one of the most interesting storylines has been not only how corporations have evolved to survive and get by, but also how consumer behaviors and trends have adjusted as well. Broad-based shutdowns that shuttered businesses all over the U.S. at the beginning of the pandemic sent people home for an indefinite […]
Read MoreJefferies just upgraded Adidas shares to a Buy as the company doubles down on e-commerce and sustainable materials. Here’s where the firm says the stock is headed.
Read MoreOver the past year, it’s been interesting to see not only how corporations have evolved to survive and get by, but also how consumer behaviors and trends have adjusted as well. Broad-based shutdowns that shuttered businesses all over the U.S. at the beginning of the pandemic sent people home for an unknown future. That move […]
Read MorePlus, Pfizer’s COVID-19 vaccine was found to be 100% effective in kids aged 12 to 15, Volkswagen tried and failed to make a funny, and Goldman Sachs is gearing up to offer bitcoin and other digital assets for its wealth management clients.
Read MoreNike shares may be down over the last week, but the stock looks poised to surge far higher. Here’s why.
Read MorePlus, jobless claims unexpectedly rose, Apple is reportedly planning to release new iPad Pro models in April, Peloton has teamed up with Adidas on an athletic apparel line, and Amazon is testing its Rivian-made electric delivery vans in San Francisco.
Read MoreBuy Price: $80.00 or better Sell Price: TradersPro Sell Signal DICK’S Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. The company also […]
Read MorePlus, Moderna has began dosing participants in the trial of its COVID-19 vaccine in children, Google unveiled its second-generation Nest Hub device, and Dick’s Sporting Goods announced a new men’s athleisure line to compete with Lululemon.
Read MoreRecessionary economic conditions tend to challenge a lot of different segments of the market. Others are usually seen as smart defensive places to put your money to work; I’ve spent a lot of time in this space focusing on some of those kinds of stocks throughout the course of the year. Consumer Staples stocks in […]
Read MoreThis retailer is up 65% over the last year and looks primed to continue to rise higher. Here’s the buy level to watch for.
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