In the aftermath of three regional banking collapses earlier this year, the U.S. banking sector has wrestled amid dwindling deposits with customers seeking higher yields, escalated deposit costs, low loan growth, and shrinking profit margins. However, the industry showcased a degree of stability. This semblance of recovery emerged as the Federal Reserve raised the benchmark interest […]

Renowned premier retailer and distributor of automotive replacement parts and accessories, AutoZone, Inc. (AZO), will unveil its fourth-quarter results before the stock market opens on Tuesday, September 19, 2023. Analysts expect the company’s EPS and revenue to grow 11.7% and 4.9% year-over-year to $45.23 and $5.61 billion, respectively. AZO initially cemented its reputation as the inaugural […]

It is a confusing time for investors. For the last two years, market experts, forecasters, and pundits have been consistently wrong about the economy and the direction of the markets. Despite these issues, I am encouraged by the many opportunities available for investors to earn solid returns. But before I jump into some investment ideas […]

Like all our favorite trades that come with a straight forward setup, the chart for Procter & Gamble (PG), is setting up in a way that aligns with our trading style. That means, nothing fancy and nothing ambiguous, just an old fashioned test of resistance. This resistance level comes at around 155, where price is just slightly […]

Block (SQ), formerly known as Square, has had quite a lackluster year with largely sideways trading or continued declines. Most recently, we have seen more declines, falling all the way down to a support level of around 55. On Friday, price finally broke that support level, giving traders signs of a move lower to what […]