Select Page
Citigroup Update

Citigroup Update

Citigroup has had a nice run this month.  At this morning’s peak the stock is up over 25% from the October close.  Today Citigroup received an upgrade from KBW:  https://seekingalpha.com/news/3637958-kbw-switches-out-jpmorgan-for-citigroup-on-outperform-list. ...
Unexpectedly

Unexpectedly

From the desk of Liz Ann Sonders:  Much stronger than expected October existing home sales; +4.3% to 6.85m ann. vs. -1.1% est. (6.47m) & +9.9% (6.57m) in prior month (revised up) … rate is now at its strongest pace since November 2005;  median selling price jumped...
Wells Fargo Update

Wells Fargo Update

Wells Fargo is in breakout mode today.  Shares are up 2.5% as it continues to lift off solid footing(50D MAV).  This move is piercing a key overhead trendline that links the previous four monthly highs.  We expect WFC to extend the November rally.  Initial target is...
Ralph Lauren Surges

Ralph Lauren Surges

Shares of Ralph Lauren are trading at new five month highs.  The stock is up 5% as it extends the post earnings(Oct. 29/AM) gain to 18%.  RL is leaving behind layers of support and is set up well for more upside.   The 50D moving average is providing solid...
Kohl’s Cruising

Kohl’s Cruising

Kohl’s is surging today following this morning’s solid earnings report: https://seekingalpha.com/news/3637174-kohls-rallies-on-confident-look-dividend-plan.  The stock is up 9% at mid day and is heading for its best close since June 8th.  This powerful...