Today's Wall Street Journal had an article that asked the question "Can Rally Run without Revenue?" Is the revenue situation really that bad? Let's take a quick look at some the data compiled through the Alert HQ process. After each quarter's earnings season, I try to pull together what I am now calling the Growth Report. Part 1 compiles the list of stocks that have shown a year-over-year increase in both revenue and earnings AND a sequential quarter-over-quarter increase in both revenue and earnings. Given the severity of the economic downturn, very few companies have been able to to pull off this trick. The following table presents a comparison of the last two quarters: <table style="margin-left: 50px; text-align: center;" width="400" bgcolor="#ffffff" border="1"[More...]

As the market hits new highs, bullish sentiment is reaching extreme levels. A quick look at the SPX bullish percent index shows us to be significantly overbought. We have a lot of economic reporting this week, particularly relating to employment and manufacturing, along with the continuation of earnings[More...]

As regular readers know, I put much stock (no pun intended) in the alignment of the S&P 500 Index (^GSPC) and four of its moving averages: the 60-, 90-, 180- and 300-day MAs. Nearly a year ago in “Precursor to a Healthy Bull Market” (May 2, 2008), when we were all so innocent ...

Late on Monday, AeroVironment, Inc. (NASDAQ: AVAV) announced that its fiscal third-quarter profit slipped 24% to $4.541 million, or 21 cents a share, from $5.965 million, or 28 cents a share, in the prior year quarter.[More...]

Chart courtesy of stockcharts ( click to enlarge ) Microsoft (MSFT) - The price movement last week was marked by a slightly degree of volatility. The near-term outlook will depend on the price movement in the next few days. A close above 19.50 will impart bullishness and will help the stock move to ...