The market is set up for some big moves when second quarter earnings arrive. High valuations and low volatility expose investor complacency. Also, the Amazon cyclone took on athletic retailers last week leaving a dirt cheap stock in its path of destruction. Read More
Profit Catalyst Weekly
Two of Profit Catalyst Alert portfolio positions moved dramatically on the news that Amazon is buying Whole Foods. While these two stocks moved in opposite directions, both made a bundle for investors. Read More
Welcome back to a regulation length week in the market. With only those companies on odd quarters reporting earnings, the market will continue to trade on economic and geopolitical news. Oddly the market expresses little concern over terrorist attacks or the political drama taking place in D.C. Read More
With the absence of earnings releases last week, stocks moved pretty much in sync with their industry brethren. This is good news when enthusiastic investors are eagerly scooping up your shares but pretty rough sledding when an industry suffers an across the board selling sweep. Such was… Read More
Profit Catalyst Alert sold a big winner last week and will be using recent market volatility to prune and plant new names in its portfolio. Portfolio holding Impinj soars on a positive mention from Barrons' and Walmart delivers the expectedly bearish news for suppliers on its earnings call. Read More
SmartSand jumps on robust shipments and a pop in oil and The Chemours Company gains fans all around. PRA Health Sciences makes the buy list and more earnings on tap this week. Read More
Profit Catalyst Alert had ELEVEN companies report earnings. I’ve covered all of them here in this week’s update and didn't want to short-change any of the names as many reported great quarters with robust outlooks. Read More
Fasten your seatbelt it’s going to be a busy week. We are right in the heart of earnings season. While all of our positions are dependent on good results, many of our option positions are timed on news coming out of this first quarter cycle. Read More
Mueller is down 8% after earnings and a conference call this morning. I believe the weakness is due to weak guidance for its traditional water products. Despite a hiccup in its basic products, the company is booking big gains in its technology division. Revenue from Mueller Co- the company’s division… Read More
Earnings season for the Profit Catalyst Portfolio officially kicks off this week with earnings from recent portfolio addition Mueller Water (NYSE: MWA) this Thursday. I issued a sell alert this morning on the MWA May $12.50 calls. The stock was trading above… Read More