When I was combing through the recent Trade Triangles scan this morning, two stocks jumped out at me. These two stocks have been in disfavor with investors and were generally cast aside by the general public.
The first stock I will be looking at today is Yelp, Inc. (NYSE:YELP). This stock traded over the $100 level back in the first quarter of 2014. Since that time the stock has generally eroded and recently traded down to the $20 area. This morning, Yelp triggered a buy signal with a green monthly Trade Triangle at $27.70. This signal represents the first monthly signal since 10/13/2014 when a red monthly Trade Triangle was triggered at $64.70. I have an upside target for Yelp of $40, which represents a 61.8% Fibonacci retracement. Continue reading "Two Stocks That Deserve Your Attention Today"→
Many Americans are now turning away from fast and processed food and deciding to lead a healthier lifestyle. That lifestyle includes exercise and eating healthy food.
However, many of the popular health food stocks like Whole Foods Market Inc. (NASDAQ:WFM), Sprouts Farmers Market Inc. (NASDAQ:SFM) and Chipotle Mexican Grill, Inc. (NYSE:CMG) have seen their stock values decline rather dramatically since they all peaked in late February of this year.
I have a question for you today...
Overall there appears to be a trend for people to eat less, consume non-processed food, and turn to a healthier lifestyle. Even Walmart and Target are getting into the act devoting whole sections of the store to health foods.
This blog posting generated a tremendous amount of feedback from our members, so much so that I decided to once again play the earnings game and pick out 5 stocks that were going to release their earnings either after the close or before the markets opened the next trading day.
I rely on Yahoo’s earning calendar to find out what stocks are scheduled to release earnings and at what time they will release them, after the market close or before the market opens the next day.
Hello traders and MarketClub members everywhere! Here we are, starting a shortened trading week before the big Thanksgiving holiday here in the US.
For most of us, Thanksgiving conjures up pictures of family and lots of food, sitting around a table sharing good times. And yes, perhaps eating too much at times. With that thought in mind, I decided to search for three healthy food stocks that would not add inches to your waistline or overpower you with processed food.
In the last several years, there has been a big movement into eating fresh and healthier food and knowing where the food is coming from. No where is this more prevalent than with the millennials and the aging baby boomer population here in the US.
It's hard to go into a supermarket or food store now and not see people actually reading the labels for perhaps the first time and not buying into the advertising myth for that particular product. I view this as a very positive sign, particularly for retailers who get that the consumer wants a better and healthier alternative to all the processed food that's out there.
So let's get started and look at the three stocks I'm going to be examining in today's video. The first stock I will be looking at is Whole Foods Market Inc. (NASDAQ:WFM), which is currently trading around $48 a share. The next stock is The Fresh Market Inc. (NASDAQ:TFM), which is trading around the $39 level. The last stock on my shopping list is Sprouts Farmers Market Inc. (NASDAQ:SFM), which closed last Friday around $32.
In today's short video, I'll be examining all three companies and showing you my projections for each of these three stocks. I will also be pinpointing a level that could make one of these stocks skyrocket.
As always, I welcome your comments and feedback below this post, so please feel free to share with me what you think of these three stocks or the market in general.
Every success with MarketClub, Adam Hewison