Is Palantir (PLTR) Still a Good Buy After 344% Surge in 2024? Here Are 3 Key Factors to Consider
Palantir Technologies (PLTR) has had a great run in 2024, jumping 344% mainly after a strong earnings report and a big defense contract. But with such a huge rise, investors are asking: Is there still more growth left, or has it peaked? Several things are at play, especially Palantir’s push into AI. The company, known for its data analytics, [...]
Market Recap: Inflation Worries, Tech Gains, and Mixed Results
Monday: Wall Street started the week with mixed results. Inflation concerns weighed on the market, causing the Dow to drop 0.3%, while the S&P 500 gained 0.2%, and the Nasdaq surged 1.0%. Tuesday: Treasury yields continued to weigh on the market. The Dow slipped 0.2%, the S&P 500 edged up by 0.1%, and the Nasdaq gained 0.4%. Wednesday: Fed’s [...]
Plan Your Trade And Trade Your Plan
Written by: Angela Akers “Plan your trade and trade your plan” is a saying I’ve heard many times working in this field. While it’s not easy to nail down exactly who came up with that saying, it has been attributed to early trend followers. VectorVest is the epitome of “trend following,” and Dr. DiLiddo always believed in using a trading plan. [...]
Lululemon Delivers Strong Q3 Results, but Concerns About U.S. Sales Persist: What’s Next for Investors?
Lululemon Athletica (LULU) reported strong third-quarter results that beat Wall Street’s expectations, giving investors a reason to be optimistic. The company posted revenue of $2.4 billion, a 9% increase from last year, and adjusted earnings per share of $2.87, above the forecast of $2.75. However, concerns remain as U.S. sales continue to slow, unable to keep pace with the [...]
How to Trade a Bull Call Spread: Low-Risk Strategy for Bullish Market Conditions
Written By John Lindahl The past articles have discussed Credit trades where we opened a trade with a net credit. Specifically. We discussed Bull Puts, Bear Calls, and their combination into an Iron Condor. This article will discuss a Bull Call which is opened with a net debit. Bull calls are used when your expectation of the market is [...]
Foot Locker Struggles Amid Weak Consumer Demand, Low Guidance, and Increased Competition
Foot Locker Inc. (FL) is facing a tough road ahead, as reflected in its third-quarter earnings report and revised outlook for the rest of the year. The company reported a net loss of $33 million, or 34 cents per share, a stark contrast to last year’s profit of $28 million. Sales declined 1.4% to $1.96 billion, with comparable sales [...]