Costco Wholesale Bullish Engulfing on Q4 Beats
Costco Wholesale COST stock formed a bullish engulfing candlestick pattern on September 27, 2023, after the company reported EPS and revenue beats. Costco reported Q4 EPS of $4.86 versus the…
Hollywood Strike Nears an End
According to numerous news reports, the Writers Guild of America and the Alliance of Motion Picture and Television Producers have tentatively agreed on a deal that ends strikes. It still…
Chinese Auto Sales Slowdown In Li Auto
Automotive sales are slowing down in China. Li Auto, a premier EV automaker in China is reporting a raid slowdown in sales. For example, after increasing by 21% in July…
Whipsaw In Broadcom Stock On Google Chip Supply Drama
The Information published a story on September 21, 2023, that Google wants to lower the cost of TPU chips and so it may produce its own chips in-house rather than…
Anticipated Housing Slowdown Showing Up In KB Homes
Lennar (LEN) and Toll Brothers (TOL), who both released massive quarterly results over the past month, we saw KB Home (KBH) follow in their footsteps. KB Home (KBH) delivered its…