Coverage Group – Coal in the economic stocking. Last week the Federal Reserve chairman delivered a gut punch to the U.S. equity market and every other stock market around the world for that matter. There will be no special gifts tucked investors’ stockings this year.… You need to be logged in to view the […]
Category: IBEX
Weekly Comments – December 2, 2024 – Coverage Group
Coverage Group – Large-cap versus small-cap. Tracking the convergence or divergence of market cap segments can be a valuable guide to under or over valuation. One of the most popular comparisons is the large-cap to small-cap ratio, a measure that… You need to be logged in to view the rest of the content. Please […]
Weekly Comments – November 11, 2024 – ATSG, BIOX, DXPE, IBEX, KRT, LEGH, SMLR, WLKP
APOG – Rating change, revised trading strategy. Last week shares of Apogee Enterprises completed formation of a particularly bullish signal in a point and figure chart called the Double Top Breakout. The signal is composed of two successively higher X-columns of rising closing prices. The two X-columns are separated by… ATSG – Revised view following […]
Weekly Comments – November 4, 2024 – BXC, DXPE, HVT, IBEX, KRT, LXFR, MTW, SMLR, WLKP
BXC – Updated outlook following quarter financial report. Last week traders were gifted an upside surprise by BlueLinx Holdings third quarter earnings report. Sales totaled $747 million in the quarter, providing $16 million in net income or $1.87 per… DXPE – View in advance of quarter earnings announcement. This week Monday after the market close, […]
Weekly Comments – October 14, 2024 – Coverage Group
Coverage Group – Small-cap sector heads into earnings report season. The two round of earnings reports so far in 2024, gave small-cap traders reason to celebrate. After a miserable year 2023, companies in the small-cap sector attempted a rally late in the… You need to be logged in to view the rest of the […]