Stock Market News and Analysis Live Today: The Ultimate Source

Microsoft (NASDAQ:MSFT) Trading 1.6% Higher - Still a Buy?

Microsoft (NASDAQ:MSFT) Stock Price Up 1.6% - Time to Buy?

M&M shares in focus ahead of Q2 results today

Mahindra and Mahindra (M&M) is set to announce its second-quarter results, with analysts predicting healthy revenue growth driven by strong tractor and automotive sales. However, profits are expected to remain flat or decline slightly due to factors like negative operating leverage and segment mix.

Costco shoppers stocked up on supplies as hurricanes, port strike hit. The trend hurt sales in October.

The warehouse retailer says demand was “negatively affected” by “abnormal consumer activity” tied to the September events.

Q2 results today: Tata Steel, Apollo Hospitals among 166 companies to announce earnings on Thursday

The second-quarter earnings season is in full swing, with 166 companies set to release their July-September 2024 results. Key players like M&M and Trent are anticipated to post robust revenue growth, driven by strong performance in their respective sectors. While M&M's profits are projected to remain steady, Trent's bottom line is expected to see significant improvement.

Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade higher

Super Micro Computer (NASDAQ:SMCI) Shares Gap Down on Analyst Downgrade

Super Micro Computer (NASDAQ:SMCI) Shares Gap Down After Analyst Downgrade

US stocks surge to record highs as Trump returns to presidency

US stock market surged with Dow, S&P 500, and Nasdaq closing at all-time highs. This followed Donald Trump's victory in the 2024 US presidential election. Investors anticipate policy changes including tax cuts and deregulation. Financial sectors, particularly banks, saw significant gains. Treasury yields rose, impacting interest rates and potentially affecting small businesses.

Record-breaking Bitcoin rally set to gain momentum

Bitcoin surged past $75,000 for the first time following Donald Trump's US election victory. The futures market, particularly CME's basis and perpetual futures contracts, indicates a potential continuation of this rally. This surge is attributed to expectations of crypto-favorable policies under a second Trump administration.

Lyft shares soar 20% on results and autonomous-vehicle partnership

Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership with Mobileye Global Inc.

Don's return brings cheer to IT, but euphoria may be short-lived

Indian IT companies saw their stocks surge following Donald Trump's presidential election victory. The rally was fueled by optimism surrounding Trump's pro-business policies, which are expected to boost IT spending. However, potential protectionist measures under a Trump administration pose a risk for Indian software exporters, potentially hindering the sector's growth.

Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.

AMC reports better-than-expected Q3 results amid improving box office

AMC Entertainment Holdings reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing toward a box-office rebound.

L3Harris Technologies (NYSE:LHX) Hits New 12-Month High - Should You Buy?

L3Harris Technologies (NYSE:LHX) Sets New 12-Month High - Here's Why

Niva Bupa well placed to ride growth in health insurance

Niva Bupa Health Insurance is gearing up for an IPO to raise Rs 2,200 crore, aiming to capitalize on the growing health insurance market in India. The IPO involves a fresh issue of shares and an offer for sale by promoters, with anchor investors already committing Rs 990 crore.

‘I know it’s awkward to give advice to wealthy people’: My wife, 50, has terminal cancer. Our estate is worth $18 million. How do we prepare?

“We have two children ages 19 and 21, with one starting law school and the younger planning on medical school.”

Netflix (NASDAQ:NFLX) Sets New 1-Year High - Should You Buy?

Netflix (NASDAQ:NFLX) Reaches New 1-Year High - Time to Buy?

Canada orders TikTok's Canadian business to be dissolved but won't block app

The Canadian government is ordering the dissolution of TikTok’s Canadian business after a national security review of the Chinese company behind the social media app but said it won’t block access

Gevo, Inc. (NASDAQ:GEVO) Insider Sells $63,779.07 in Stock

Gevo, Inc. (NASDAQ:GEVO - Get Free Report) insider Andrew Shafer sold 26,911 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $2.37, for a total value of $63,779.07. Following the sale, the insider now directly owns 332,430 shares in the company, valued at approximately $787,859.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Insider Selling: Alphabet Inc. (NASDAQ:GOOGL) CEO Sells 22,500 Shares of Stock

Alphabet Inc. (NASDAQ:GOOGL - Get Free Report) CEO Sundar Pichai sold 22,500 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $177.36, for a total transaction of $3,990,600.00. Following the transaction, the chief executive officer now owns 2,084,306 shares of the company's stock, valued at $369,672,512.16. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Markets Surge Post-Election: Is It Time to Go All-In?

When major shifts happen in the market, such as the one we're seeing the morning after the election, how can you analyze investor sentiment shifts and adapt your strategy to align with where money will likely flow in the coming weeks and months?If you checked the markets on Wednesday morning, post-election, you woke up to several remarkable events:The stock market shot up to a record high, with the Dow jumping 1,300 points and the Russell 2000 soaring as high as 4%.The yield on the US 10-year bond surged 4.48%, indicating expectations of economic growth and wider deficits.The US dollar rose the most since 2020 while foreign currencies sank.Gold prices stabilized, though they were down nearly 2% from the metal's October high.Silver, attempting to stabilize as well, remains down a whopping 7% from its October high.The big question: Do these shifts signal a confident pivot to "risk-on," or is the market's optimism overextended?Price action will tell you directly what investors are expecting out of the markets in the near-to-intermediate term, but to get an even clearer picture, it's best to analyze the undercurrents driving market sentiment. Perhaps there, you'll see what most investors looking at price action or following the news cannot.A Look at Safe Havens vs. EquitiesSince the focus here is on "risk on vs. risk off" sentiment, let's compare two safe havens, gold ($GOLD) and silver ($SILVER), to the S&P 500 ($SPX).FIGURE 1. COMPARATIVE CHARTS OF GOLD, SILVER, AND THE S&P 500. All three declined since October, but the S&P jumped following Tuesday's election. Chart source: StockChartsACP. For educational purposes.While gold and silver's uptrend are still intact, with silver showing more weakness than gold, the S&P 500 shows a positive jolt in money flow compared to the defensive monetary metals. This picture also tells us that market sentiment, at least for the moment, favors economic growth prospects over fears of potential tariff-driven headwinds.The flow into domestic equities and the outflow from international currencies, likely in anticipation of increased tariff activity, are most evident in the forex market, where the US dollar index (UUP as a proxy) rose higher while the $EURUSD dropped following the election.FIGURE 2. COMPARATIVE CHART OF THE DOLLAR INDEX VS EURUSD. Money could be flowing from international currencies and into US stocks due to tariff fears.Chart source: StockChartsACP. For educational purposes.Still, we need to take a closer look at market sentiment from a level deeper than what we can see on the surface. Let's shift to a daily chart of the S&P 500.FIGURE 3. CHART OF THE S&P 500. The two sentiment indicators based on surveys of investors and professional money managers show that investors are cautious, whereas the institutions are bullish.Chart source: StockCharts.com. For educational purposes.Before you look at the price action, note the two sentiment indicators below the chart. Both are weekly surveys.The first indicator—the American Association of Individual Investors (AAII) index (!AAIIBULL)—is a survey of members who represent the individual or "retail" crowd. The survey simply asks whether they're bullish, bearish, or neutral. A reading over 50% means that 50% or more members are bullish on the markets.  Right now, 39.50% of the members are bullish, down from 50% in October, while bearish sentiment has risen to 30.90% (from just under 20% last month). If you were to use this indicator as a contrarian, the current signal tells you that investors are, at best, cautiously optimistic leading up to election day. It'll be interesting to see how this changes in the coming days when the new levels are reported.The second indicator—National Association of Active Investment Managers (NAAIM) index (!NAAIM)—reflects the average exposure of professional money managers (the institutional ‘smart money') to U.S. equity markets. Basically, its members report their equity exposure. Like the AAII index, contrarians look for readings near 100 as a sign of possible distribution (and readings close to 10% as a sign of possible accumulation). Currently, with 82% of managers holding equity exposure, it's a bullish signal, though not too bullish as to indicate euphoria.The Chaikin Money Flow (CMF), a momentum indicator, has dipped below the zero line, meaning that selling pressure has overtaken buying pressure. This suggests a pullback is likely, though, given the post-election uncertainty, you'd have to watch the markets closely to see what it does.The market is generally bullish but not by any means euphoric. The breakaway price gap you see on the chart is a very bullish pattern that, historically at least, can continue for days without the gap getting filled. With that said, potential support following a pullback will have to be measured once the pullback finally occurs (which isn't now). But, if the near-term trend is indeed strong, expect price to remain above the support level at roughly the $5,688 range, which is also a critical swing low and support for the current trend.In short, market sentiment is leaning toward a cautious risk-on sentiment. And despite money flow hinting at a pullback, based on the indicators, that's likely an opportunity for accumulation rather than distribution.At the ClosePost-election, investors appear to be leaning toward the "risk-on" vibe. Big players keep a solid equity exposure, while retail investors are more measured but still bullish. While the market's upbeat, it's by no means euphoric—yet. So, closely watch those support levels, sentiment indicators, and price action (namely, any pullback when it occurs) to see if this cautious optimism sticks or fades.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Amazon.com (NASDAQ:AMZN) Sets New 52-Week High After Analyst Upgrade

Amazon.com (NASDAQ:AMZN) Sets New 12-Month High After Analyst Upgrade

On Wall Street, it's full risk-on; S&P 500 hits new record

Wall Street's "fear gauge" - the VIX - tumbled the most since August to around 16. Trading on stocks spiked, with the S&P 500 volume 110% above the average of the past month.

China is bracing for fresh tensions with Trump over trade, tech and Taiwan

As U.S. President-elect Donald Trump prepares for his second term in office, China is bracing for unpredictability in its ties with the United States

United Parcel Service, Inc. Declares Quarterly Dividend of $1.63 (NYSE:UPS)

United Parcel Service, Inc. (NYSE:UPS) announced a quarterly dividend on Wednesday, November 6th. Shareholders of record on Monday, November 18th will be given a dividend of 1.63 per share by the transportation company on Thursday, December 5th. This represents a $6.52 dividend on an annualized basis and a yield of 4.87%.

The SCTR Report: What Coinbase's Dramatic Price Surge Means For Your Portfolio

Now that election uncertainty is over, the stock market broke out of its sideways trading range and continued higher. Potential policy implementations benefit some asset classes, such as cryptocurrencies, which could operate in a more relaxed regulatory environment.Coinbase Global Inc. (COIN), a crypto-related stock, made it to the top of the Top Up Large Cap stocks in the StockCharts Technical Rank (SCTR) Reports on Wednesday, the day after the US elections.FIGURE 1. COINBASE IN TOP POSITION. A 65.7 rise in the SCTR score is an impressive one day jump.Image source: StockCharts.com. For educational purposes.The weekly chart of Coinbase stock shows a series of lower highs and lower lows from March 2024. COIN has broken above the upper channel line, but it's just the beginning. More momentum needs to be behind Coinbase's stock price to see follow-through in this movement.FIGURE 2. WEEKLY CHART OF COINBASE. Since March 2024, COIN has been consolidating. With Wednesday's price action, the stock price broke through the upper channel of the consolidation pattern.Chart source: StockCharts.com. For educational purposes.The daily chart (see below) shows that the uptrend has started. Coinbase's stock price gapped up and closed near its daily high on strong volume.FIGURE 3. DAILY CHART OF COINBASE. Wednesday's gap up in COIN is encouraging. Will there be enough momentum for a follow-through? Chart source: StockCharts.com. For educational purposes.COIN is trading above its 21-day exponential moving average (EMA), its SCTR score crossed over 76, and its relative strength index (RSI) is getting close to the 70 level.When To Buy COINI would look at the weekly chart to identify the entry point. Since COIN has broken out of its downward channel, an ideal scenario would be if the stock price pulled back a bit and reversed, at which point I would look for an entry point at around $250. The RSI should also be greater than 70. The first resistance level to watch for would be around $265, a previous high. If COIN pushes through that level, the next level would be $280. It could go even higher if the momentum is behind it. COIN's all-time high is $429.54.If owning shares of Coinbase is a stretch at current price levels and you have signed up for the OptionsPlay Add-on, consider trading options on the stock. Below the chart, under Tools & Resources, click on Options, then the OptionsPlay button.FIGURE 4. OPTIONS STRATEGIES TO TRADE COINBASE. You can see up to three optimal options strategies depending on your directional bias and implied volatility.Image source: StockCharts.com. For educational purposes.By default, three strategies will be displayed for a bullish scenario. In the screenshot above, the Jan 17 250/340 call vertical has a relatively decent reward for a max risk of $2,600. Click the expand icon at the top right to see more details.The stock trend doesn't meet this trade's requirements. You could modify the legs to see if another strike price or expiration will meet the trend requirement. Another option is to close this window and try out a bearish or high implied volatility environment to see if you get a more optimal strategy.FIGURE 5. CALL VERTICAL DETAILS. You can get more granularity for the call vertical when you click the expand icon. All except stock trend checks off in the strategy checklist.Image source: StockCharts.com. For educational purposes.Once you've found a strategy you're comfortable trading, click the Trade button and copy the trade to your trading platform if you have an options-enabled trading account.The Bottom LineCoinbase stock has the potential to rise higher, but a one-day jump in price shouldn't be your entry criteria. You must still analyze the chart and decide on an entry and exit point that works for your risk tolerance level. Add COIN to your ChartLists and, if possible, set an alert for an entry point. Once you have a position open, follow smart risk management strategies and be prepared to exit a position once it has crossed your exit threshold. You never lose money when taking profits early.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

ARM (NASDAQ:ARM) Updates Q3 Earnings Guidance

ARM (NASDAQ:ARM) updated its third quarter earnings guidance. The company provided EPS guidance of $0.32-0.36 for the period, compared to the consensus estimate of $0.33. The company also issued revenue guidance of $920-970 millionillion, compared to the consensus estimate of $939.31 millionillion.

In this Florida school district, some parents are pushing back against a cellphone ban

It’s no surprise that students are pushing back on cellphone bans in classrooms

Retrial of military contractor accused of complicity at Abu Ghraib soon to reach jury

A jury could begin deliberations as soon as Thursday on whether a Virginia-based military contractor bears responsibility for abuse of detainees 20 years ago at Iraq’s infamous Abu Ghraib prison

GE Vernova (NYSE:GEV) Sets New 12-Month High - Time to Buy?

GE Vernova (NYSE:GEV) Reaches New 12-Month High - Should You Buy?

Vertiv (NYSE:VRT) Sets New 12-Month High - What's Next?

Vertiv (NYSE:VRT) Hits New 52-Week High - Here's Why

QCOM Earnings: Qualcomm reports higher Q4 2024 revenue and profit

Qualcomm, Inc. (NASDAQ: QCOM), a leading manufacturer and supplier of digital wireless communication products, reported an increase in revenues and net income for the fourth quarter of 2024. September-quarter revenues […] The post QCOM Earnings: Qualcomm reports higher Q4 2024 revenue and profit first appeared on AlphaStreet.

Digital payment's rise leads to shutting of ATMs

Indian banks are shutting down more ATMs despite record-high cash circulation. This trend is attributed to the rise of digital transactions and UPI payments. While cash remains significant, ATM numbers have declined, particularly off-site machines. Industry experts point to bank consolidation and the push for digitalization as key drivers.

Adani Enterprises revises capex guidance for FY25

Adani Enterprises has revised its capital expenditure target for the current fiscal year to ₹67,000 crore from the initial projection of ₹80,000 crore. The company attributes this reduction to an extended monsoon season that disrupted project timelines.

With a P/E ratio of 8 and selling for pennies, is this FTSE 250 share a bargain?

Christopher Ruane digs into a cheap-looking FTSE 250 share that sells an iconic product and considers whether it's really a bargain for his portfolio. The post With a P/E ratio of 8 and selling for pennies, is this FTSE 250 share a bargain? appeared first on The Motley Fool UK.

Wall Street cheers Trump Presidency, Dow Jones hits fresh highs; S&P 500, Nasdaq up 2%

Could the stock market crash in 2025?

Our writer considers some possible drivers for a stock market crash. Rather than try to time it, he's wondering how best to try and profit from it. The post Could the stock market crash in 2025? appeared first on The Motley Fool UK.

From banks to small-caps, Trump win sparks big rally in stocks

His promise to make Tesla CEO Elon Musk head of a government efficiency commission after the billionaire backed Trump throughout his electoral campaign led to a 14.7% surge in the shares of the electric automaker.

Tesla shares soar 14% as Trump win sets stage for rise of Elon Musk's electric vehicle, other ventures

Tesla's shares jumped 14%, making the EV maker on course to increase market value by $110 billion. Trump has said he would establish a government efficiency commission headed by Musk. Musk donated millions of dollars to Trump's campaign.

Tata Steel Q2 Results: Co back in black as against loss in year-ago period

The steel-maker’s consolidated net profit for Jul-Sep stood at Rs 759 crore as against a loss of Rs 6,511 crore a year ago. Consolidated turnover, though, fell to Rs 53,905 crore from Rs 55,682 crore a year ago.

Earnings Summary: Highlights of Johnson Controls (JCI) Q4 2024 results

Johnson Controls International plc (NYSE: JCI), a sustainable building solutions provider, announced results for the fourth quarter and fiscal 2024. It also provided guidance for the first quarter. Fourth-quarter sales […] The post Earnings Summary: Highlights of Johnson Controls (JCI) Q4 2024 results first appeared on AlphaStreet.

Jindal Steel Q2 Results: Profit slumps 38% to Rs 860 crore on lower volumes, steel prices

Jindal Steel and Power’s profit dropped 38% in the September quarter to Rs 860 crore, impacted by lower steel prices and reduced sales volume. Consolidated revenue also fell 8% to Rs 13,205 crore, with an 8% decline in sales volume.

Indel Money's NCD issue oversubscribed 1.5 times, attracting Rs 117.38 crore

Indel Money's NCD issue, offering a yield up to 13.44%, was oversubscribed 1.5 times, attracting bids worth Rs 117.38 crore. The issue, which opened on October 21 and closed on November 4, will likely be listed on BSE after November 11.

Dow soars over 1,350 points as Wall Street hits new highs after Trump wins US Presidential polls

The S&P 500 and the Dow scaled all-time highs on Wednesday, while the Nasdaq also jumped, as Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after he was voted out of the White House.

CVS Earnings: CVS Health Q3 adj. profit drops despite 6% revenue growth

Healthcare conglomerate CVS Health Corporation (NYSE: CVS) on Wednesday announced third-quarter 2024 results, reporting a decrease in adjusted earnings and an increase in revenues. The top line exceeded estimates. September-quarter […] The post CVS Earnings: CVS Health Q3 adj. profit drops despite 6% revenue growth first appeared on AlphaStreet.

These 4 UK stocks skyrocketed after Trump’s election win!

US politics influences global markets, and even before the official result was announced, UK stocks moved heavily on Trump’s win. The post These 4 UK stocks skyrocketed after Trump’s election win! appeared first on The Motley Fool UK.

Short-Term Bearish Signal as Markets Brace for News-Heavy Week

Back in the day, I used to look at the weekly S&P 500 chart every weekend and ask myself the same three questions:What is the long-term trend?What is the medium-term trend?What is the short-term trend?My goal was to make sure that I was respecting the broader market direction, and not fighting it by taking too many contrary positions in my portfolio. I eventually realized, through some trial and error, that I could use a series of weekly exponential moving averages to get me to the same place, allowing me to spend more time focusing on what was coming next.The Construction of the Market Trend ModelAs I discussed with Mike Turner in a recent episode of the Market Misbehavior podcast, staying on the right side of market trends is arguably the most important role for any investor. I realized that, by comparing the 21- and 34-week exponential moving averages every week, I was able to clearly define uptrends and downtrends over long-term time frames.Our short-term Market Trend Model turned bearish on November 1, 2024.To try and address the lagging nature of such a long-form moving average combination, I added the 5- and 13-week exponential moving averages. I found that the signals provided gave me a better signal to track what I consider the medium term time frame of about a couple months.I finally added a short-term signal, making a comparison of Friday's weekly close to the 5-week exponential moving average. As you can see from the chart above, the PPO indicator allows a very easy and visually attractive method to track these comparisons and recognize shifts from bullish phase to bearish phase.The Short-Term Model Turned Bearish... Now What?On Friday, November 1st, the short-term model turned negative for only the fourth time in 2024. Previous bearish signals in August, July, and April had lined up quite well, with tactical pullbacks within the fairly consistently bullish year of 2024. But note how the medium-term and long-term models are still firmly in the bullish camp?For now, the current configuration makes me comfortable labeling the current trend as short-term bearish but still long-term bullish. As we've noted in recent weeks, the market breadth indicators I follow have certainly suggested a bearish tilt as they have trended lower into November.But the point of the Market Trend Model is to show how short-term weakness can often occur within bullish primary trends. The key is to differentiate between the garden variety "buy on the dips" pullback with a pullback that may be the beginning of a more significant drawdown.Learning From Previous Market CyclesLook back at 2021 for a similar example of long-term primary uptrend with a series of short-term bearish signals along the way. Even as the S&P 500 experienced a remarkably strong and low-volatility uptrend, there were a number of hiccups that caused the short-term model to turn negative.The key in 2021 was that the medium-term and long-term models remained bullish, at least until they didn't! In January 2022, the short-term model turned bearish again, and a couple weeks later, the medium-term model pivoted to a negative signal as well. The long-term model followed suit in May 2024.You can add the Keller Market Trend Model to your Market Dashboard!For now, I'm watching the medium-term model closely for a potential bearish reversal. If that comes to pass in November, that would mean that once again the market is resisting the normal seasonal tendencies and showing weakness where there is often strength. But if the medium-term model remains bullish through year-end, that will tell me to remain positioned for potential further upside as the market trends remain positive.I am a big fan of analyzing price action using subjective methods to evaluate trends based on the traditional tools of the technical analyst. And I'm also a big fan of making life easier, using systematic trend-following models to make sure I'm on the right side of the primary trend in the markets!RR#6,DaveP.S. Ready to upgrade your investment process? Check out my free behavioral investing course!David Keller, CMTPresident and Chief StrategistSierra Alpha Research LLCDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.The author does not have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

What to expect when Tyson Foods (TSN) reports its Q4 2024 earnings results

Shares of Tyson Foods, Inc. (NYSE: TSN) stayed green on Tuesday. The stock has gained 9% year-to-date. The food company is scheduled to report its fourth quarter 2024 earnings results […] The post What to expect when Tyson Foods (TSN) reports its Q4 2024 earnings results first appeared on AlphaStreet.

Earnings Summary: A snapshot of Marathon Petroleum’s Q3 2024 report

Energy company Marathon Petroleum Corp. (NYSE: MPC) Tuesday reported a sharp fall in profit for the third quarter of 2024, hurt by a decrease in revenues. Net income attributable to the […] The post Earnings Summary: A snapshot of Marathon Petroleum’s Q3 2024 report first appeared on AlphaStreet.

Yum! Brands (YUM) Q3 2024 Earnings: Key financials and quarterly highlights

Yum! Brands, Inc. (NYSE: YUM) reported its third quarter 2024 earnings results today. Total revenues grew 7% year-over-year to $1.82 billion. Net income decreased 8% to $382 million, or $1.35 […] The post Yum! Brands (YUM) Q3 2024 Earnings: Key financials and quarterly highlights first appeared on AlphaStreet.

Market Trend Model Flashes Short-Term Bearish, What's Next?

In this video, Dave breaks down the three time frames in his Market Trend Model, reveals the short-term bearish signal that flashed on Friday's close, relates the current configuration to previous bull and bear market cycles, and shares how investors can best track this model to ensure they're on the right side of the market trends!This video originally premiered on November 4, 2024. Watch on our dedicated David Keller page on StockCharts TV!Previously recorded videos from Dave are available at this link.

DP Trading Room: Six-Month Period of Favorable Seasonality Begins Now!

It's here! The SPY starts a period of favorable seasonality for the next six months. Carl takes us through his charts and explains favorable versus unfavorable periods of seasonality.Carl covers our signal tables showing new weakness seeping in despite this period of favorable seasonality. The market looks toppy right now.Today's market overview covers the weakness that has been developing throughout the market. He also covers Gold, the Dollar, Yields, Bonds, Bitcoin, Gold Miners and Crude Oil among others!Carl also walks us through the Magnificent Seven in both the short and intermediate terms. Which ones are holding up and which are showing signs of weakness?Erin drops in on sector rotation discussing the breakdown of nearly all sectors. No sectors hold rising PMOs as of airing of the trading room.The pair finish the program by looking at viewer symbol requests with an eye toward relative strength and momentum.01:26 Seasonality Discussion02:52 Bias Chart and DP Signal Tables06:41 Market Overview12:56 Magnificent Seven19:54 Questions23:44 Sector Rotation29:45 Symbol RequestsJoin us live in the trading rooms on Monday at Noon ET! Register here: https://zoom.us/webinar/register/WN_D6iAp-C1S6SebVpQIYcC6g#/registrationTry out any of our subscriptions for two free weeks by using coupon code: DPTRIAL2 at checkout!Introducing the new Scan Alert System!Delivered to your email box at the end of the market day. You'll get the results of our proprietary scans that Erin uses to pick her "Diamonds in the Rough" for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!Learn more about DecisionPoint.com:Watch the latest episode of the DecisionPointTrading Room on DP's YouTube channel here! Try us out for two weeks with a trial subscription! Use coupon code: DPTRIAL2 Subscribe HERE!Technical Analysis is a windsock, not a crystal ball. --Carl Swenlin(c) Copyright 2024 DecisionPoint.comDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.Helpful DecisionPoint Links:Trend ModelsPrice Momentum Oscillator (PMO)On Balance VolumeSwenlin Trading Oscillators (STO-B and STO-V)ITBM and ITVMSCTR RankingBear Market Rules

Take-Two Interactive (TTWO) will report Q2 2025 earnings this week, a few points to note

Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Monday. The stock has gained 16% over the past three months. The gaming company is set to report its second […] The post Take-Two Interactive (TTWO) will report Q2 2025 earnings this week, a few points to note first appeared on AlphaStreet.

Election-Related Market Swings: How to Stay Ahead

After yesterday's "trick," investors received a "treat" at the end of the trading week, as the stock market regained its footing and bounced back a bit.Even though the October nonfarm payrolls were much weaker than expected—up by 12,000 when the Dow Jones estimate was for an increase of 100,000 jobs—the market shook it off. The decline is attributed to Boeing's strike and two major hurricanes. According to a recent Barron's report, the Bureau of Labor Statistics survey responses were below average, so the data may be skewed. Unemployment is steady at 4.1%, and wages grew by 4.4% annually.Stocks Bounce BackThe data doesn't indicate the US economy is heading toward a recession. The major stock market indexes bounced back, with the Nasdaq Composite ($COMPQ) gaining the most after Thursday's spooky selloff. However, Friday's bounce didn't change the Nasdaq's big picture (see daily chart below).FIGURE 1. NASDAQ COMPOSITE SHOWS DOWNSIDE MOVEMENT. Friday's selloff didn't change the technical picture. The index needs to close above its 21-day EMA to reverse the downside move.Chart source: StockCharts.com. For educational purposes.The Nasdaq broke above its tight consolidation range on Monday, but, after Thursday's selloff, it closed well below its 15-day exponential moving average (EMA). Friday's rebound didn't change the technical picture. The index went as high as the 15-day EMA, but closed below it in what resembles an inverted hammer, although it didn't close lower than Thursday's close.There is a weakening in market breadth, as displayed by the breadth indicators—Bullish Percent Index, Percentage of Nasdaq stocks trading above their 200-day moving average, and the Advance/Decline Line—displayed in the lower panels.Small Caps Ain't Getting Much LoveWith interest rate cuts already in play and with more to come, you would think that small-cap stocks would start getting some attention. But we haven't seen that yet. Even though the S&P 600 Small Cap Index ($SML) broke above a trading range on the weekly chart, there's not enough buying pressure to send the index into an uptrend.FIGURE 2. SIDEWAYS FOR SMALL-CAP STOCKS. The high probability of a 25-basis-point interest rate cut at the next FOMC meeting isn't helping small-cap stocks, which continue to trade in a consolidation.Chart source: StockCharts.com. For educational purposes.Treasury Yields JumpYields fell after the weak jobs report, but that was short-lived. Treasury yields reversed and climbed higher, with the 10-year US Treasury yield closing at 4.36% on Friday (see chart below). $TNX is trading above its 15-day EMA. The question now is whether $TNX will reach its July 1 high.FIGURE 3. 10-YEAR US TREASURY YIELD INDEX ($TNX) KEEPS ON RISING. $TNX has been on a steady rise since the end of September, when it broke above its 15-day EMA.Chart source: StockCharts.com. For educational purposes.Treasury yields have been trending up after breaking above the 15-day EMA at the end of September. The rise in yields doesn't help bond prices, which move in the opposite direction.The iShares 20+ Year Treasury Bond ETF (TLT) has been trading below its 15-day EMA since September 19, and Friday's price action was very bearish (see chart below).FIGURE 4. BOND PRICES SINK. The iShares 20+ Year Treasury Bond ETF (TLT) has been cascading lower since mid-September when it broke below its 15-day EMA.Chart source: StockCharts.com. For educational purposes.While Treasury yields climb, the economic data shows the economy is growing while the labor market is cooling. This supports the narrative of an interest rate cut. The CME FedWatch Tool shows a 99.7% probability of a 25-basis-point interest rate cut on November 7.Next week could bring some volatile action to the market, although given the way the stock market has been acting in the last two weeks, there's no telling what it will do. The best you can do is take it one day at a time.End-of-Week Wrap-UpS&P 500 closed down 1.37% for the week, at 5728.80, Dow Jones Industrial Average down 0.15% for the week at 42,052.19; Nasdaq Composite closed down 1.50% for the week at 18,239.92$VIX up 7.62% for the week, closing at 21.88Best performing sector for the week: Communication ServicesWorst performing sector for the week: Real EstateTop 5 Large Cap SCTR stocks: Summit Therapeutics (SMMT); Reddit Inc. (RDDT); Ubiquiti, Inc. (UI); Applovin Corp. (APP); Carvana (CVNA)On the Radar Next WeekUS Presidential ElectionOctober ISM Services PMIFed Interest Rate DecisionFed Press ConferenceNovember Michigan Consumer Sentiment IndexEarnings from Palantir Technologies (PLTR), Super Micro Computer (SMCI); Marathon Petroleum Corp. (MPC), Novo Nordisk (NVO), Arm Holdings (ARM), Gilead Sciences (GILD), Applovin Corp (APP), among many others.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Earnings Summary: A snapshot of Fidelity National’s Q3 2024 report

Fidelity National Information Services, Inc. (NYSE: FIS), a provider of technology solutions for financial institutions and businesses, reported operating results for the third quarter of 2024. Third-quarter earnings, on a […] The post Earnings Summary: A snapshot of Fidelity National’s Q3 2024 report first appeared on AlphaStreet.

Finding and Trading Oversold Conditions within Long-term Uptrends

There is only one way to trade in a long-term uptrend: long. Forget about picking tops and breaks below short-term moving averages. Leaning bearish within a long-term uptrend is not a profitable strategy. Instead, we should lean bullish and use oversold conditions to our advantage. In a long-term uptrend, I am only interested in oversold conditions because these provide setups to trade in the direction of the bigger trend. I ignore overbought conditions because it is normal to become overbought in an uptrend. Oversold conditions, on the other hand, occur after a pullback and this is an opportunity to partake in the long-term uptrend. The chart below shows SPY with two momentum oscillators: RSI(10) and %B(20,2). I am using both to identify oversold conditions in a long-term uptrend. SPY is well above its rising 200-day SMA (blue line) so the long-term trend is clearly up. %B tells us the location of the close relative to the Bollinger Bands. The indicator dips below 0 when the close is below the lower Band and this is an oversold condition. RSI becomes oversold with a dip below 30.On the chart above, we can see %B becoming oversold in mid April, late July and last week (green shading). RSI became oversold in mid April and early August, but has yet to become oversold here in early November. On the price chart, notice that SPY is trading near its 50-day SMA (pink line). Prior dips below the 50-day SMA marked pullbacks within the bigger uptrend, not the start of a bigger trend change. Oversold conditions are not the signal. Oversold conditions simply serve as an alert to be on guard for a short-term reversal. Keep in mind that price can become oversold and remain oversold. Chartists, therefore, need a bullish catalyst to signal a change from oversold to strength. For RSI and %B, we can use their centerlines to identify an upturn in momentum. The chart below shows these centerlines as short red lines (50 for RSI and 0 for %B). A bullish signal triggers when RSI becomes oversold and then breaks above 50, while a bullish signal triggers when %B becomes oversold and then breaks above 0. The green arrows show breakouts in late April and mid August. %B became oversold last week and has yet to break above 0. Thus, it is still in oversold condition. RSI did not become oversold. I would like to see both become oversold and then look for the momentum breakouts. Special Offer!! 2 Educational Reports/Videos with Every Subscription"Finding Bullish Setup Zones with High Reward Potential and Low Risk". The trend is your friend, and pullbacks within uptrends present opportunities. We show how to find compelling setups that combine market conditions, trend identification, oversold conditions and trading patterns. Trading is all about the odds and these setups put the odds in your favor."Using Breadth for Capitulation, Thrusts, Market Regime and Oversold Conditions". This report covers four ways to utilize breadth indicators. Capitulation conditions often signal major lows, while thrust signals indicate the start of a bullish phase. Market regime helps distinguish between bull and bear markets, and oversold conditions identify tradable pullbacks within bull markets. We explain the indicators, settings, and signals for each scenario.Click here for immediate access!Highlights from Chart Trader (Weekly Reports/Videos):November 1st Report: Stocks pulled back the last two weeks and we showed five breadth indicators to identify oversold conditions. We are also monitoring the September breakouts and key support levels for QQQ, MAGS, XLK and five other tech-related ETFs. Plus a bearish pattern in SMH. With recent pullbacks, we are seeing oversold conditions in two ETFs and bullish setups in two Healthcare stocks. October 25th Report: The weight of the evidence remains bullish, but the surge in the 10yr Yield is concerning. We quantify the recent surge and show how stocks reacted to past surges. We continue to monitor the cup-with-handle breakout in SPY, as well as the triangle breakouts in QQQ and the tech-related ETFs. This report also featured trade setups in ETFs and stocks related to industrial metals. Click here for ChartTrader access!System Trader: Quantified Strategies with Weekly SignalsRotation Trader for S&P 500 Stocks (+37% in 2024) Rotation Trader for Nasdaq 100 Stocks (+14% in 2024) Rotation Investor for S&P 500 Stocks (debuting this week)Rotation Investor for Nasdaq 100 Stocks (debuting this week)Click here for SystemTrader access!//////////////////////////////////////

These S&P 500 Stocks Are Poised To Outperform!

In this StockCharts TV video, Mary Ellen reviews the negative price action in the broader markets while highlighting pockets of strength. She shares how the rise in interest rates is impacting the markets ahead of next week's FOMC meeting. Last up is a segment on how to use longer term charts to uncover long term winners and ride out short term volatility.This video originally premiered November 1, 2024. You can watch it on our dedicated page for Mary Ellen on StockCharts TV.New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.If you're looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

Price Momentum Oscillator (PMO) Internals Still a Problem

We noticed on Thursday evening how poor the internals were for the SPY, based on Price Momentum Oscillator (PMO) internals. These internals are the percent of stocks with rising PMOs and the percent of stocks with PMO Crossover BUY Signals. The accompanying short-term Swenlin Trading Oscillators (STOs), along with IT Breadth Momentum (ITBM) and IT Volume Momentum (ITVM), are also in decline.Currently a mere 18% of stocks hold rising momentum. This is not a good foundation for a rally. At the same time, I know that things get as bad as they are going to get before they start getting as good as they can get. These are oversold readings that could see an upside reversal. For now, they are puny readings. Note also that the STOs turned down in negative territory.We currently have less than one quarter of stocks with PMO BUY Signals where the PMO is above its signal line. We note that this indicator also saw a top below the signal line, which is also quite bearish. Both the ITBM and ITVM continue to decline out of overbought territory. They still have plenty of real estate to fall further.Conclusion: While the rally on Friday could change the face of some of these indicators, the PMO indicators won't likely see a significant upside reversal. Even if they do, they are still likely to be reading below our bullish 50% threshold. Considering how close we are to all-time highs, we should have stronger internals. Beware.Good Luck & Good Trading,Erin SwenlinIntroducing the new Scan Alert System!Delivered to your email box at the end of the market day. You'll get the results of our proprietary scans that Erin uses to pick her "Diamonds in the Rough" for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!Learn more about DecisionPoint.com:Watch the latest episode of the DecisionPointTrading Room on DP's YouTube channel here! Or join us live at 9am PT every Monday by registering HERE. Try us out for two weeks with a trial subscription! Use coupon code: DPTRIAL2 Subscribe HERE!Technical Analysis is a windsock, not a crystal ball. --Carl Swenlin(c) Copyright 2024 DecisionPoint.comDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.Helpful DecisionPoint Links:Trend ModelsPrice Momentum Oscillator (PMO)On Balance VolumeSwenlin Trading Oscillators (STO-B and STO-V)ITBM and ITVMSCTR RankingBear Market Rules

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain […] The post What to look for when CVS Health (CVS) reports Q3 earnings first appeared on AlphaStreet.

Halloween Scare: The Stock Market Ends October on a Wicked Tone

The Halloween effect caught up with the stock market! October 31 ended up being a spooky day for investors.Tepid earnings from big tech companies and negative news about Super Micro Computer (SMCI) sent stocks plunging, especially semiconductors (more on this below).Precious metals, which were in a roaring bull rally, also sold off. Gold futures were down 1.84% and silver prices fell 3.76%. Risk aversion seems to be back, with the Cboe Volatility Index ($VIX) rising by 13.81%, closing at 23.16. As uncertainty about the upcoming US election results creeps up, the VIX could rise further. If there's one indicator to monitor in the next few trading days, the VIX would make the top of the list.Economic Data Supports a Rate CutThere was a smorgasbord of economic data this week, most supporting the idea that the Federal Reserve will likely cut interest rates by 25 basis points. Some key data that was released are:Wednesday's JOLTS report shows that in September, US job openings were lower than expected.The GDP for Q3 grew 2.8%, below the 3.1% estimate. Consumer spending was one of the biggest contributors to the GDP growth.October consumer confidence rose over 11%, the biggest one-month rise since March 2021.September Personal Consumption Expenditures Price Index (PCE) shows a 12-month inflation rate of 2.1%.Friday's Nonfarm Payrolls should give more clarity to the Fed's interest rate decision.Tech Sector Gets SlammedThe StockCharts MarketCarpets for S&P 500 stocks by performance was a sea of red (see below). The Technology sector was the worst-performing sector of the day with the Technology Select Sector SPDR Fund (XLK) down 3.21% on Thursday. The largest weighted tech companies in the S&P 500—Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Broadcom (AVGO), and Oracle (ORCL)—took a scary downward ride.FIGURE 1. STOCKCHARTS MARKETCARPETS FOR OCTOBER 31. The Technology sector got slammed, as did most other sectors. Energy and Utilities were mostly green. Image source: StockChartsACP. For educational purposes.A big blow to semiconductors was SMCI's news of its auditor's resignation. The VanEck Vectors Semiconductor ETF (SMH) fell 3.65%. SMH has fallen below its 50-day simple moving average (SMA) with a declining StockCharts Technical Rank (SCTR), moving average convergence/divergence (MACD), and performance relative to the S&P 500 (see chart below).FIGURE 2. DAILY CHART OF THE VANECK VECTORS SEMICONDUCTOR ETF (SMH). Thursday's selloff sent SMH below its 50-day moving average. Other indicators show an increase in selling pressure.Chart source: StockChartsACP. For educational purposes.Thursday's price action reminds us that things can change quickly, especially when the market has shown indecision for a while. Any negative news will cause a massive selloff, and if it impacts a sector that heavily influences the market, the selloff can be brutal.There's More To ComeOn a positive note, from a long-term perspective, the broader indexes are still in an uptrend. Apple (AAPL), Amazon (AMZN), and Intel (INTC) reported earnings on Thursday after the close. While all of them beat estimates, Apple's net income was lower. This could hurt its stock price, but probably not enough to bring the entire market down.The more important news to pay attention to is Friday's jobs number. The October nonfarm payrolls will be released at 8:30 a.m. on Friday. As of this writing, the Fed's probability of cutting interest rates by 25 basis points is 94.6%. Let's see how much that changes after the jobs data comes out.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Homebuilding Rebound: How to Catch the Trend Early On

Homebuyers are still on the sidelines, waiting for better mortgage rates, while homebuilders are gearing up for a potentially strong 2025. Despite mortgage rates hitting two-year lows, buyers are holding back, expecting rates and prices to drop further.Here's the big question: Are we seeing the bottom of a downward cycle about to turn up? In other words, are we seeing the early stages of an uptrend in homebuilders? And if so, which homebuilding stock might you want to add to your ChartLists?Let's start by analyzing the homebuilders using SPDR S&P Homebuilders ETF (XHB) as a proxy. Take a look at the weekly chart.FIGURE 1. WEEKLY CHART OF XHB. Note how XHB has been reacting to the 50-week exponential moving average envelope.Chart source: StockCharts.com. For educational purposes.Since XHB crossed above the 50-week exponential moving average envelope (EMA envelope) in early 2023, note the ETF's bullish reaction, bouncing within range of the channel's uptrend. You can also use the EMA envelope channel to gauge the strength of the uptrend (the further away it is toward the upside, the stronger the trend).The big question: Can XHB keep riding its current uptrend? The ETF has bounced off the 50-week EMA envelope three times in the past two years, hinting at a possible trend continuation.But not all of XHB's holdings are pure homebuilders—companies like Home Depot and Lowe's are in the mix too. That means you'll need to pick your stocks wisely. So, let's pick the most liquid and recognizable homebuilder stocks and check their technical strength by looking at their StockChartsTechnicalRank (SCTR) scores.Homebuilding Stocks Ranked by SCTRThe following table lists the six most well-known stocks in the XHB fund and their corresponding SCTR score.What might this look like on a year-to-date basis in terms of market performance? To get a perspective on this, take a look at each stock using PerfCharts:FIGURE 2. PERFCHARTS YEAR-TO-DATE VIEW OF ALL STOX STOCKS' MARKET PERFORMANCE. Note that TOL, KBH, and PHM outperformed XHB.Chart source: StockCharts.com. For educational purposes.Year-to-date, TOL, XBH, and PHM were the top performers, but, since TOL's SCTR score was significantly higher, perhaps it's best to zero in on TOL, letting the other ones go for the moment. Still, add all six to your ChartLists in anticipation of a broad homebuilder recovery. Once the industry turns upward, their SCTRs will likely show changes that might make some of them more suitable for a "long" opportunity.We'll begin with a long-term view of TOL's weekly chart.TOL: Three Year Look-BackSimilar to XHB, but perhaps even more so, TOL is exhibiting a clear uptrend that is gaining strong traction. Note the pin bar this last week, signaling strong rejection from the weekly session lows.FIGURE 3. WEEKLY CHART OF TOL. There's a clear uptrend in the weekly price action and the stock is outperforming XHB.Chart source: StockCharts.com. For educational purposes.Above the chart, you can see TOL's relative performance against XHB. Looking at how far the line has risen above the zero level, you can see that TOL is outperforming its homebuilding peers by over 68%. Let's shift to a daily chart.TOL's Daily Price ActionFIGURE 4. DAILY CHART OF TOL. The Raff Regression Line best captures TOL's cyclical movement within an uptrend.Chart source: StockCharts.com. For educational purposes.For TOL, you might consider plotting a Raff Regression Line for the following reasons:It identifies the trend direction.It captures TOL's wide cyclical movement while projecting a wide range of potential support and resistance.It plots a clear channel to identify breaks and reversals.With the regression line providing a clear picture of TOL's trend, it's best to use the On Balance Volume (OBV) to see the extent to which momentum supports (or diverges from) the price movement. In the example above, buying pressure aligns with TOL's continued uptrend (see magenta line).If you plan to go long, the best buying opportunity within the Raff Regression Channel typically occurs near the lower boundary (which attests to its recent bounce), as this area often serves as dynamic support and reflects potential price bounces. For risk management, placing a stop loss just below the lower boundary or beneath the most recent swing low is probably your best bet. This ensures protection in case the price closes below the channel, which could indicate a break in support and a potential trend reversal.At the CloseHomebuilders are gearing up for a rebound despite homebuyers standing on the sidelines. If the industry begins showing green shoots of capital inflows (keep an eye on XHB to monitor this), it might present an opportunity to get in early on a potentially strong uptrend. But, until then, keep several homebuilding stocks on your ChartLists and monitor them regularly. For now, TOL is showing considerable strength, but, once the industry's tide rises, it'll take the strongest stocks up with it, so be ready.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Buy HDFC Bank; target of Rs 1,850: ICICI Securities

ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.

Buy Bajaj Finance; target of Rs 9000: Emkay Global Financial

Emkay Global Financial is bullish on Bajaj Finance has recommended buy rating on the stock with a target price of Rs 9000 in its research report dated April 23, 2024.

Reduce Persistent Systems; target of Rs 3700: Emkay Global Financial

Emkay Global Financial recommended reduce rating on Persistent Systems with a target price of Rs 3700 in its research report dated April 22, 2024.

Reduce Wipro; target of Rs 410: ICICI Securities

ICICI Securities is bullish on Wipro has recommended buy rating on the stock with a target price of Rs 410 in its research report dated April 21, 2024.

Buy Patel Engineering; target of Rs 80: ICICI Direct

ICICI Direct is bullish on Patel Engineering recommended buy rating on the stock with a target price of Rs 80 in its research report dated April 22, 2024.

Buy Jindal Drilling and Industries; target of Rs 960: Anand Rathi

Anand Rathi is bullish on Jindal Drilling and Industries has recommended buy rating on the stock with a target price of Rs 960 in its research report dated April 22, 2024.

Sell Indus Tower; target of Rs 260: ICICI Securities

ICICI Securities is bearish on Indus Tower has recommended sell rating on the stock with a target price of Rs 260 in its research report dated April 20, 2024.

Buy Hatsun Agro Products; target of Rs 1190: ICICI Securities

ICICI Securities is bullish on Hatsun Agro Products recommended buy rating on the stock with a target price of Rs 1190 in its research report dated April 23, 2024.