Tag: Wall Street

The NASDAQ is walking the line of support between continuing its recent run higher or possibly heading for some profit taking. The good news is that the initial reward-to-risk ratio strongly favors bulls right now. To the downside, the index...

Thanks to his success at Burlington Stores, Inc. (BURL), Thomas Kingsbury was recognized as one of the Top CEOs in Retail by Institutional Investor magazine and was inducted into the National Retail Federation’s Retail Industry Hall of Fame. Kingsbury se...

In his business, you’d expect Calavo Growers, Inc. (CVGW) Chief Executive Officer (CEO) and President Lecil Cole to know the right time to pick things, especially avocados. After all, Calavo Growers is a global avocado industry leader that primarily operates...

The NASDAQ definitely broke its downtrend last week. As you’ll see on the chart below, the index cut past the descending trendline connecting recent tops. Ordinarily, the move out of a trend is the first sign of a potential reversal...

In his remarks, Federal Reserve Chairman Jerome Powell called the US banking system “sound and resilient” while essentially saying Silicon Valley Bank’s collapse was company specific more than overarching conditions that challenge financial instructions ...

Something interesting happened last week. Of course, you’ve heard all the bad news about Silicon Valley Bank, Signature Bank and Credit Suisse – bailout or bust. While the headlines lead with blood, there wasn’t much mention of what happened behind...

Stocks rebounded hard last week after Wall Street pledged billions of dollars to help ease the strain on regional banks. The corresponding reversal pulled the NASDAQ’s 50-day moving average above the 200-day average, something we’ve been talking about for ...

According to IBISWorld, there are 5,795,082 hospital employees in the United States. (1) Overall, Medium.com reports “there are 19 million healthcare workers in the US. That’s more than 10% of all US workers and a growing percentage of total employed...