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Follow this list to discover and track stocks that have set MACD bullish crosses within the last week. A bullish crossover occurs when the MACD turns up and crosses above the signal line. Our algorithms use 12,26,9 as MACD parameters. This list is generated daily and ranked based on market cap. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
My hands are on the wheel (as they should be with all driver assist features) and I double-check the traffic around me. Tesla's latest update to driver assistance takes your destination and, just like Google Maps, figures out the quickest way to get there. Tesla then takes that data, combines it with GPS information, the vehicle's onboard sensors and what it's learned about the roads via its fleet data to optimize your route.
The broader market started December 11 on a positive note, with the S&P 500 benchmark trading at a 1.3% rise as of 9:34 AM EST. Auto stocks are leading the stock market rally (QQQ) today. General Motors (GM), Ford Motor Company (F), and Fiat Chrysler Automobiles (FCAU) have risen 3.5%, 3.2%, and 2.5%, respectively.
Currently, Vale (VALE) is trading at a forward EV-to-EBITDA multiple of 4.9x, which is a discount of 23% to its past five-year average multiple. Diversified miners (GNR) Rio Tinto (RIO) and BHP Billiton (BHP) are trading at similar multiples of 5.5x and 6.1x, respectively.
Since President Donald Trump began his presidential campaign, he has been targeting auto companies (XLY) for cutting jobs and making US auto workers suffer. On many occasions, he has openly spoken out against large auto companies, including General Motors (GM), Ford Motor Company (F), and Toyota Motors (TM), for selling foreign-made vehicles in the US market.
Costco (COST) continues to be one of the dominant retail wholesalers based on the breadth and quality of merchandise offered.
Kansas City Southern’s (KSU) rail traffic volume inched down 0.5% in week 48 as the benefit from higher intermodal volume was more than offset by a decline in carload traffic. The fall was in contrast to the 0.4% gain registered by US railroad companies (XTN). The smallest class I railroad company hauled 45,219 railcars in week 48 compared with 45,449 wagons in the same week of the previous year.
Last week, the oil rig count fell sharply by ten to 877. The rig count tends to follow US crude oil prices with a three- to six-month lag.
China is moving to cut import tariffs on American-made cars to 15 percent from the current 40 percent, Bloomberg reported on Tuesday citing people familiar with the matter. Shares of U.S. automakers including General Motors Co (NYSE:GM - News) and Ford Motor Co (NYSE:F - News) rose about 2 percent in premarket trading on hopes that the move could revitalize sales that took a hit when China ramped up levies on U.S.-made cars.
Some of the metrics that investors will be looking for in Oracle’s earnings include revenue growth, EPS growth, and free cash flow growth. The company disappointed investors as revenue growth failed to beat analyst expectations. Oracle guided for revenue growth of between 0% and 2% in constant currency terms for the current quarter.
Apparently, President Trump isn’t happy with how the markets have reacted to the trade war truce. Concerns about China’s slowdown look more real with almost every new data point. Over the weekend, China released its November trade data.