Stock market technicians (or “chartists”) look at price patterns for clues about where a stock, sector or the stock market as a whole is going. Typically, they look at the price of the stock, but today I am going to look at the historical return pattern of the stock market, as it signals the potential for a tougher investment environment going forward.
The chart above (using symbol SPY as an S&P 500 proxy) starts back in the beginning of 1996, and tracks the cumulative return of the index and its “rolling” 3-year return. I consider 3-year time periods to be many times more relevant to analyze than shorter time periods. During most 3-year periods you will see good times, bad times and maybe even some ugly times that you may not catch by looking at year to date, past 1 year and the like.
Hot Safest Stocks For 2018: SanDisk Corporation(SNDK)
- [By Michael Flannelly]
Early on Friday, analysts at RBC Capital boosted the near-term estimates on SanDisk Corporation (SNDK), a manufacturer of data storage products, because a fire at SK Hynix’s factory should lead to favorable pricing over the next two quarters.
“We see a favorable pricing environment as a result of SK Hynix’s fire, which threatens to curtail NAND output as the company likely re-purposes production back toward DRAM, resulting in lower than expected incremental NAND wafers vs. company’s plan of 170K/WPM,” RBC Capital analyst Freedman said. “Consequently, we see stronger pricing through EoY before SK Hynix ramps NAND toward normalized prod’t levels as DRAM resources are restored/replaced.”
The analysts maintain an “Outperform” rating on SDNK and still see shares reaching $76. This price target suggests a 26% upside to the stock’s Thursday closing price of $60.08. Furthermore, they boosted SanDisk’s 2013 EPS estimates from $4.82 to $4.95.
SanDisk shares were up a fraction during pre-market trading on Friday. The stock is up 38.11% year-to-date.
Hot Safest Stocks For 2018: NVIDIA Corporation(NVDA)
- [By Lisa Levin]
NVIDIA Corporation (NASDAQ: NVDA) reported better-than-expected results for its first quarter and issued a strong sales forecast for the current quarter on Tuesday.
- [By Lisa Levin]
NVIDIA Corporation (NASDAQ: NVDA) reported stronger-than-expected results for its fourth quarter on Thursday.
NVIDIA reported Q4 adjusted earnings of $1.13 per share on revenue of $2.17 billion. Analysts were expecting earnings of $0.83 per share on revenue of $2.10 billion.
- [By Vikram Nagarkar]
Shares of Santa Clara, California-based NVIDIA Corporation (NASDAQ:NVDA)have been trending lower with nearly each passing day. That’s in spite of some new positive catalysts emerging for NVIDIA’s underlying business. As we’d discussed in a post a few days ago, NVIDIA recently unveiled its much awaited GTX 1080 Ti graphics card. And if you go by NVIDIA’s claims, the GTX 1080 Ti is its fastest graphics card ever. Yup, the card is reportedly even faster than NVIDIA’s top of the line $1200 Titan.
- [By Arie Goren]
In the show, according to NVIDIA, the luxury car producer Audi unveiled three new models that are using NVIDIA products. The first two cars; the next generation SQ5 sports SUV and the A5/S5 Cabriolet use NVIDIA in their Virtual Cockpit. The cockpits house information for drivers in one place behind the steering wheel. The highly anticipated Q8 SUV has three screens in its cockpit, which are powered by NVIDIA and offer a uniquely precise and smooth visual. There is, in front of the driver, a Virtual Cockpit that uses intelligent augmented reality technology, and in the center of the dashboard, there is a multi-media touch screen display. (See also: Should You Buy This Dip In NVIDIA Corporation (NVDA) Stock?)
Hot Safest Stocks For 2018: Francesca's Holdings Corporation(FRAN)
- [By Ben Levisohn]
Francesca’s Holdings (FRAN) has jumped 5.4% to $11.00 after beating earnings forecasts.
Restoration Hardware (RH) has tumbled 20% to $28.92 after slashing its full-year guidance. Restoration Hardware was also cut to Market Perform from Outperform at Telsey Advisory Group.
- [By Lisa Levin]
Francesca's Holdings Corporation (NASDAQ: FRAN) was down, falling around 9 percent to $7.09 following downbeat quarterly earnings.
- [By Paul Ausick]
Francesca’s Holdings Corp. (NASDAQ: FRAN) dropped about 21% Friday to post a 52-week low of $5.95 after closing at $7.50 on Thursday. The 52-week high is $19.50. Volume was around 7.8 million, about 7 times the daily average. The specialty retailer lowered its fourth-quarter outlook and investors did not respond well.
- [By Lisa Levin]
In trading on Friday, cyclical consumer goods & services shares fell 0.03 percent. Meanwhile, top losers in the sector included Francesca's Holdings Corp (NASDAQ: FRAN), down 5 percent, and Hibbett Sports, Inc. (NASDAQ: HIBB) down 5 percent.
- [By Lisa Levin] Related LOV Match Group And Spark Networks: A Valentine's Day Case Study 20 Biggest Mid-Day Losers For Thursday
Related VKTX 15 Biggest Mid-Day Losers For Tuesday 18 Biggest Mid-Day Losers For Wednesday Companies Reporting Before The Bell
Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million.
General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion.
Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion.
Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million.
Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million.
Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million.
Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million.
Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter.
Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.