Long Ideas https://www.benzinga.com/views/taxonomy/term/38 en History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16182262/history-suggests-record-50-day-stock-market-rally-may-be-just-the-beginning <p>The S&amp;P 500 has gained a record 39.6% since it hit its 2020 low back on March 23. Not only has that rally erased much of the year&rsquo;s COVID-19-related losses, it&#39;s also the best 50-day stretch in the history of the market.</p> <p>After such a strong rally, traders are understandably getting uneasy&nbsp;the market is overbought and due for a pullback. However, from a purely historical perspective, the strongest 50-day periods have generally led to even more gains over the year that follows, according to LPL Financial Senior Market Strategist Ryan Detrick.</p> <h3><strong>A Closer Look</strong></h3> <p>On Thursday, <a href="https://lplresearch.com/2020/06/04/best-50-day-rally-ever/">Detrick looked</a> at the seven other times since the S&amp;P 500 ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16182262/history-suggests-record-50-day-stock-market-rally-may-be-just-the-beginning alt=History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning>Full story available on Benzinga.com</a></p> Analyst Color Long Ideas LPL Financial Ryan Detrick SPX SPY Futures Top Stories Markets Analyst Ratings Trading Ideas SPY US78462F1030 SPX Long Ideas Analyst Color Futures Top Stories Markets Analyst Ratings Trading Ideas Benzinga Thu, 04 Jun 2020 22:10:23 +0000 Wayne Duggan 16182262 at https://www.benzinga.com Is It Time To Take A Bite Of Cheesecake Factory's Stock? https://www.benzinga.com/trading-ideas/long-ideas/20/06/16182980/is-it-time-to-take-a-bite-of-cheesecake-factorys-stock <p>It seems people are ready to finally end the lockdowns due to the coronavirus pandemic and get out of their homes. Traders may be looking to capitalize on opportunities to buy the dip on popular businesses that will be reopening brick-and-mortar locations in the coming weeks and months.</p> <p>One of the industries yet to fully return to pre-coronavirus operations is dine-in food and beverage. Physical locations that have been desolate for months are slowly beginning to reopen their stores, thus creating a possible profit opportunity for investors.</p> <h3><strong>Time For CAKE?</strong></h3> <p>One such restaurant is <strong>Cheesecake Factory Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cake#NASDAQ">CAKE</a>), the nationally popular destination with over 200 locations in the U.S.. Since trading at ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16182980/is-it-time-to-take-a-bite-of-cheesecake-factorys-stock alt=Is It Time To Take A Bite Of Cheesecake Factory&#039;s Stock?>Full story available on Benzinga.com</a></p> CAKE Chris Camillo Long Ideas Restaurants Trading Ideas General CAKE US1630721017 Long Ideas Restaurants Trading Ideas General Benzinga Thu, 04 Jun 2020 19:45:09 +0000 Dylan Wittenberg 16182980 at https://www.benzinga.com You Can Bet On Stocks And Sports With This New iGaming ETF https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181821/you-can-bet-on-stocks-and-sports-with-this-new-igaming-etf <p>High-flying <strong>DraftKings</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dkng#NASDAQ">DKNG</a>) finally has a home in an exchange-traded fund and investors finally have a way of accessing the fast-growing sports betting market in an umbrella fashion with today&#39;s debut of the <strong>Roundhill Sports Betting &amp; iGaming ETF</strong> (NYSE:BETZ).</p> <h3><strong>What To Know</strong></h3> <p>The Roundhill Sports Betting &amp; iGaming ETF debuts on the day that marks the first birthday of Roundhill&#39;s first ETF: the <strong>Roundhill BITKRAFT Esports &amp; Digital Entertainment ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nerd#NYSE">NERD</a>).</p> <p>Like its older stablemate, BETZ is appropriately tickered and addresses a high-growth market highly attractive to younger players and investors.</p> <p>BETZ tracks the Roundhill Sports Betting &amp; iGaming Index and in the &ldquo;fun fact&rdquo; column, that benchmark allocates <a href="https://www.roundhillinvestments.com/index/betz/">just over 7% of its weight</a> to DraftKings. The online sportsbook company went public on April 24 and BETZ is its first ETF home of note.</p> <h3><strong>Why It&#39;s Important </strong></h3> <p>BETZ debuts as analysts are dramatically increasing their forecasts for the iGaming and sports wagering markets. Just a few months ago, even the <a href="https://www.casino.org/news/sports-betting-investing-has-new-idea-with-betz-fund/">rosiest of ...</a></p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181821/you-can-bet-on-stocks-and-sports-with-this-new-igaming-etf alt=You Can Bet On Stocks And Sports With This New iGaming ETF>Full story available on Benzinga.com</a></p> BETZ BYD DKNG ERI gambling GAN Long Ideas MGM NERD News PENN Sector ETFs sports betting New ETFs Top Stories Trading Ideas ETFs ERI GAN PENN US7075691094 BYD US1033041013 MGM US5529531015 NERD DKNG BETZ Long Ideas Sector ETFs News New ETFs Top Stories Trading Ideas ETFs Benzinga Thu, 04 Jun 2020 18:55:07 +0000 ETF Professor 16181821 at https://www.benzinga.com PreMarket Prep Stock Of The Day: Boeing https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181171/premarket-prep-stock-of-the-day-boeing <p><em>Benzinga&#39;s <a href="http://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a> airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.</em></p> <p><em>On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.</em></p> <p><em>For those who don&#39;t have the time to <a href="https://www.youtube.com/channel/UCqQs28K2zj2dOsc5NfXUKEg">tune in live</a> or listen to the <a href="https://soundcloud.com/bztv/tracks">podcast</a>, Benzinga will highlight one stock that merits further discussion. This analysis is not a buy or sell recommendation.</em></p> <p>The &ldquo;buy the laggards&rdquo; trade continues in a big way with&nbsp;<strong>Boeing Inc</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) in Thursday&rsquo;s session, making it the PreMarket Prep Stock Of The Day.</p> <h3>Its Own Bear Market Since March 2019</h3> <p>Long before the COVID-19 crisis gripped the markets, Boeing was its own little bear market.<br /> Following a spectacular run from its 2016 year-end close ($155.68), the issue peaked in March 2019 at $446.01.</p> <p>On March 10, 2019, Ethiopian Airlines flight 302, which was using ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181171/premarket-prep-stock-of-the-day-boeing alt=PreMarket Prep Stock Of The Day: Boeing>Full story available on Benzinga.com</a></p> BA Long Ideas Short Ideas Technicals Trading Ideas BA US0970231058 Long Ideas Short Ideas Technicals Trading Ideas Benzinga Thu, 04 Jun 2020 15:23:39 +0000 Joel Elconin 16181171 at https://www.benzinga.com Warren Buffett's Berkshire Hathaway Boosts Liberty SiriusXM Stake https://www.benzinga.com/fintech/20/06/16173068/warren-buffetts-berkshire-hathaway-boosts-liberty-siriusxm-stake <p>After&nbsp;<strong>Berkshire Hathaway Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brk-a#NYSE">BRK-A</a>) (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brk-b#NYSE">BRK-B</a>) came <a href="https://www.benzinga.com/news/20/05/15940613/i-was-wrong-warren-buffetts-berkshire-hathaway-sold-6b-of-airline-stock-in-april">under the spotlight for disclosing it sold stock</a> in <strong>Delta Air Lines Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dal#NYSE">DAL</a>),&nbsp;<strong>Southwest Airlines Co</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/luv#NYSE">LUV</a>) and other airlines, Warren Buffett has made a few new, lesser-known investments.</p> <h3><strong>What&rsquo;s Going On?</strong></h3> <p>Since the end of May, Berkshire Hathaway increased its stake in <strong>Liberty SiriusXM Group</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lsxmk#NASDAQ">LSXMK</a>), in 300,000 share chunks.</p> <p>&quot;ORTEX Analytics insider data shows that Berkshire Hathaway has since the 21st of May bought almost 4.4 million shares in Liberty Media for just over $151 million,&quot;&nbsp;<strong>ORTEX Analytics</strong> co-founder Peter Hillerberg told Benzinga.&nbsp;&quot;Last time Berkshire Hathaway was buying Liberty Media, in May 2017, ...</p><p><a href=https://www.benzinga.com/fintech/20/06/16173068/warren-buffetts-berkshire-hathaway-boosts-liberty-siriusxm-stake alt=Warren Buffett&#039;s Berkshire Hathaway Boosts Liberty SiriusXM Stake>Full story available on Benzinga.com</a></p> Berkshire Hathaway BRK-A BRK-B DAL Delta Air Lines Fintech Greg Maffei Liberty SiriusXM Long Ideas LSXMK LUV Morgan Stanley MS ORTEX Analytics Peter Hillerberg Southwest Airlines Trading Ideas DAL US2473617023 LUV US8447411088 MS US6174464486 BRK-A US0846701086 BRK-B US0846707026 LSXMK Long Ideas Fintech Trading Ideas Benzinga Thu, 04 Jun 2020 13:40:59 +0000 Renato Capelj 16173068 at https://www.benzinga.com PreMarket Prep Stock Of The Day: Canada Goose https://www.benzinga.com/news/earnings/20/06/16171541/premarket-prep-stock-of-the-day-canada-goose <p><em>Benzinga&#39;s&nbsp;<a href="http://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a>&nbsp;airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.</em></p> <p><em>On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.</em></p> <p><em>For those who don&#39;t have the time to <a href="https://www.youtube.com/channel/UCqQs28K2zj2dOsc5NfXUKEg">tune in live</a>&nbsp;or listen to the <a href="https://soundcloud.com/bztv/tracks">podcast</a>, Benzinga will highlight one stock that merits further discussion. This analysis is not a buy or sell recommendation.</em></p> <p>As technology and growth stocks take a breather in the rally off the March low, value and beaten-down stocks have taken the baton. The retail sector, which has been&nbsp;one of the sectors punished the most and slowest to rebound, has come back to life.</p> <p>One issue on the move in today&rsquo;s session is <strong>Canada Goose Holdings Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/goos#NYSE">GOOS</a>), making it the PreMarket Prep Stock Of The Day.</p> <h3><strong>Out ...</strong></h3><p><a href=https://www.benzinga.com/news/earnings/20/06/16171541/premarket-prep-stock-of-the-day-canada-goose alt=PreMarket Prep Stock Of The Day: Canada Goose>Full story available on Benzinga.com</a></p> Earnings GOOS Long Ideas News Short Ideas Technicals Trading Ideas GOOS Long Ideas News Earnings Short Ideas Technicals Trading Ideas Benzinga Wed, 03 Jun 2020 17:04:22 +0000 Joel Elconin 16171541 at https://www.benzinga.com Why Shopify — And Not Zoom — Is The Stock To Chase Right Now https://www.benzinga.com/trading-ideas/long-ideas/20/06/16161266/why-shopify-and-not-zoom-is-the-stock-to-chase-right-now <p>Many tech stocks have been incredibly strong this past couple of months, and <a href="https://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a> co-host Dennis Dick isn&#39;t confident enough to chase any of them.</p> <p>Except, that is, for <strong>Shopify Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shop#NYSE">SHOP</a>). The Canadian e-commerce platform surged&nbsp;140% from April to early May, making it one of the best-performing stocks on Wall Street.</p> <p>And yet, Dick said Shopify is the one stock he wouldn&#39;t necessarily mind chasing.&nbsp;</p> <p>&ldquo;That&rsquo;s in consolidation station right now,&rdquo; Dick said. &ldquo;It&rsquo;s cooled off because the markets are going up. It&rsquo;s kind of been this laggard trade to a certain extent. It&rsquo;s obviously still a play ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16161266/why-shopify-and-not-zoom-is-the-stock-to-chase-right-now alt=Why Shopify — And Not Zoom — Is The Stock To Chase Right Now>Full story available on Benzinga.com</a></p> AMZN Dennis Dick Long Ideas Nic Chahine PreMarket Prep SHOP ZM Top Stories Tech Media Trading Ideas AMZN US0231351067 SHOP ZM Long Ideas Top Stories Tech Media Trading Ideas Benzinga Tue, 02 Jun 2020 21:48:00 +0000 Elizabeth Balboa 16161266 at https://www.benzinga.com PreMarket Prep Stock Of The Day: Zoom Video https://www.benzinga.com/news/earnings/20/06/16161879/premarket-prep-stock-of-the-day-zoom-video <p><em>Benzinga&#39;s&nbsp;<a href="http://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a>&nbsp;airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.</em></p> <p><em>On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.</em></p> <p><em>For those who don&#39;t have the time to <a href="https://www.youtube.com/channel/UCqQs28K2zj2dOsc5NfXUKEg">tune in live</a>&nbsp;or listen to the <a href="https://soundcloud.com/bztv/tracks">podcast</a>, Benzinga will highlight one stock that merits further discussion. This analysis is not a buy or sell recommendation.</em></p> <p>Some stocks get hot and some catch on fire.&nbsp;<strong>Zoom Video Communications Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zm#NASDAQ">ZM</a>), the PreMarket Prep Stock of the Day, is a blazing inferno ahead of its first-quarter report.&nbsp;</p> <h3>Zoom As A Coronavirus Play</h3> <p>In every natural disaster or worldwide catastrophe, there are going to be winners and losers in the equities market. For example, the price action in the generator maker <strong>Generac Holdings Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gnrc#NYSE">GNRC</a>) tends to be favorable during hurricane season.</p> <p>With airplane travel severely limited and office buildings around the world idled, business meetings must go on.</p> <p>While there are a few&nbsp;alternatives for this purpose, Zoom has created an ...</p><p><a href=https://www.benzinga.com/news/earnings/20/06/16161879/premarket-prep-stock-of-the-day-zoom-video alt=PreMarket Prep Stock Of The Day: Zoom Video>Full story available on Benzinga.com</a></p> Coronavirus Covid-19 Earnings GNRC Long Ideas News PreMarket Prep ZM Short Ideas Technicals Previews Top Stories Trading Ideas GNRC US3687361044 ZM Long Ideas News Earnings Short Ideas Technicals Previews Top Stories Trading Ideas Benzinga Tue, 02 Jun 2020 18:07:20 +0000 Joel Elconin 16161879 at https://www.benzinga.com 3 Outdoor Stocks To Watch For Summer 2020 https://www.benzinga.com/trading-ideas/long-ideas/20/06/16150901/3-outdoor-stocks-to-watch-for-summer-2020 <p>People are chomping at the bit to finally get outside after months of hunkering down during quarantine. One saving grace for many was the fact that the nationwide lockdown from work, school, and general public activity took place during the cooler months of late winter and spring.</p> <p>With such precautions beginning to calm down and the weather starting to heat up, there&rsquo;s excitement in the markets surrounding outdoor stocks. Here are a few companies that might be poised to benefit this summer.</p> <h3>Yeti</h3> <p><strong>Yeti Holdings Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yeti#NYSE">YETI</a>) is one of the most well-known outdoor sporting companies on the market. Its most popular products include ice chests, drinkware and other naturistic accessories that are suited for activities like camping, fishing and spending time with the family outdoors.</p> <p>With people able to get outside as the summer months hit, Yeti could recover nicely from the roughly 15% drop off it experienced during the coronavirus&rsquo; most fierce months.</p> <p>Chris Camillo, founder of TickerTags and host of &quot;<a href="http://dumbmoney.tv/">Dumb Money LIVE</a>,&quot;&nbsp;thinks&nbsp;Yeti&rsquo;s public exclusivity in ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16150901/3-outdoor-stocks-to-watch-for-summer-2020 alt=3 Outdoor Stocks To Watch For Summer 2020>Full story available on Benzinga.com</a></p> ADDYY Casamigos Chris Camillo DEO Don Julio ELY Golf Long Ideas NKE Topgolf YETI Sports Media Trading Ideas General DEO US25243Q2057 ELY US1311931042 NKE US6541061031 ADDYY US00687A1079 YETI Long Ideas Sports Media Trading Ideas General Benzinga Mon, 01 Jun 2020 17:50:12 +0000 Dylan Wittenberg 16150901 at https://www.benzinga.com 4 Sector ETFs To Buy And Sell In June https://www.benzinga.com/trading-ideas/long-ideas/20/06/16151190/4-sector-etfs-to-buy-and-sell-in-june <p>&ldquo;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/20/05/15924090/does-sell-in-may-and-go-away-actually-work">Sell in May and go away</a>&rdquo; is the saying, but historical data confirm May isn&#39;t a bad month for U.S. stocks. June&nbsp;isn&#39;t as the S&amp;P 500 averages a 0.6% decline in the sixth month of the year over the past two decades.</p> <p>Underscoring June&#39;s penchant for sub-par returns is the fact that of original sector SPDR exchange-traded funds, just three average gains in June.</p> <p>Here&#39;s a look at some of the sector ETFs to consider this month and a pair that could be worth avoiding given their ominous track records of June gloom.</p> <h3><strong>Utilities Select Sector SPDR (XLU)</strong></h3> <p>Reflecting the risk-off climate that often accompanies the arrival of June, the <strong>Utilities Select Sector SPDR</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xlu#NYSE">XLU</a>), averaging a gain of about half a percent, according to CXO Advisory Data.</p> <p>June marks the start of an interesting stretch for the largest ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16151190/4-sector-etfs-to-buy-and-sell-in-june alt=4 Sector ETFs To Buy And Sell In June>Full story available on Benzinga.com</a></p> BA JNJ Long Ideas UNH XLF XLI XLU XLV Short Ideas Top Stories Trading Ideas ETFs XLF US81369Y6059 XLI US81369Y7040 XLU US81369Y8865 XLV US81369Y2090 BA US0970231058 JNJ US4781601046 UNH US91324P1021 Long Ideas Short Ideas Top Stories Trading Ideas ETFs Benzinga Mon, 01 Jun 2020 17:35:13 +0000 ETF Professor 16151190 at https://www.benzinga.com PreMarket Prep Stock Of The Day: Tesla https://www.benzinga.com/trading-ideas/long-ideas/20/06/16151640/premarket-prep-stock-of-the-day-tesla <p><em>Benzinga&#39;s&nbsp;<a href="http://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a>&nbsp;airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.</em></p> <p><em>On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.</em></p> <p><em>For those who don&#39;t have the time to <a href="https://www.youtube.com/channel/UCqQs28K2zj2dOsc5NfXUKEg">tune in live</a>&nbsp;or listen to the <a href="https://soundcloud.com/bztv/tracks">podcast</a>, Benzinga will highlight one stock that merits further discussion. This analysis is not a buy or sell recommendation.</em></p> <p>There are several different catalysts that can instigate price movement in an individual issue. The most common ones are earnings reports and changes in analyst ratings, as well as positive or negative news from peers in a sector.</p> <p>In the case of <strong>Tesla Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>), it&#39;s simply CEO Elon ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16151640/premarket-prep-stock-of-the-day-tesla alt=PreMarket Prep Stock Of The Day: Tesla>Full story available on Benzinga.com</a></p> Elon Musk Long Ideas SpaceX TSLA Short Ideas Technicals Trading Ideas TSLA US88160R1014 Long Ideas Short Ideas Technicals Trading Ideas Benzinga Mon, 01 Jun 2020 17:03:27 +0000 Joel Elconin 16151640 at https://www.benzinga.com Benzinga's Bulls And Bears Of The Week: Amazon, Disney, Netflix And More https://www.benzinga.com/analyst-ratings/analyst-color/20/05/16145636/benzingas-bulls-and-bears-of-the-week-amazon-disney-netflix-and-more <ul> <li><em>Benzinga has examined the prospects for many investor <a href="https://www.benzinga.com/trading-ideas">favorite stocks</a> over the past week. </em></li> <li><em>This week&#39;s bullish calls included e-commerce and pharmaceutical giants.</em></li> <li><em>The house that Warren Buffett built is featured among the bearish calls.</em></li> </ul> <p>The Dow Jones industrials and the S&amp;P 500 ended last week with 3% or so gains, while the Nasdaq was up nearly 2%. It was a week when China moved to <a href="https://www.benzinga.com/government/20/05/16135073/chinese-parliament-to-impose-national-security-laws-that-will-end-hong-kong-autonomy">end Hong Kong&#39;s autonomy</a> and the U.S. president <a href="https://www.benzinga.com/analyst-ratings/analyst-color/20/05/16128213/trumps-executive-order-to-expose-social-media-to-lawsuits-over-content-policies">punished social media</a> players for fact-checking him. Also, <a href="https://www.benzinga.com/news/20/05/16120921/disney-ceo-says-the-world-is-ready-to-get-back-to-some-magic">Disney</a> and the <a href="https://www.benzinga.com/news/20/05/16105965/nyse-to-reopen-trading-floor-on-limited-basis">New York Stock Exchange</a> prepared for reopenings, <a href="https://www.benzinga.com/news/20/05/16124102/boeing-restarts-manufacturing-of-737-max-planes">737 Max production</a> resumed and Tesla <a href="https://www.benzinga.com/news/20/05/16113140/tesla-to-reduce-car-prices-in-north-america-and-china">lowered car prices</a>.</p> <p>As usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of this past week&#39;s most bullish and bearish posts that are worth another look.</p> <h3><strong>Bulls</strong></h3> <p>The <strong>Amazon.com, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) empire is poised to ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/05/16145636/benzingas-bulls-and-bears-of-the-week-amazon-disney-netflix-and-more alt=Benzinga&#039;s Bulls And Bears Of The Week: Amazon, Disney, Netflix And More>Full story available on Benzinga.com</a></p> Amazon Amazon.com AMZN Analyst Color Baker Hughes Berkshire Hathaway Bill Ackman BKR BMY bristol-myers bristol-myers squibb BRK-A Canopy Growth CGC DIS disney Long Ideas Netflix NFLX SNAP SNAP walt disney Warren Buffett Short Ideas Top Stories Trading Ideas BKR US0571491069 AMZN US0231351067 NFLX US64110L1061 BMY US1101221083 DIS US2546871060 BRK-A US0846701086 CGC SNAP Long Ideas Analyst Color Short Ideas Top Stories Trading Ideas Benzinga Sat, 30 May 2020 17:47:12 +0000 Nelson Hem 16145636 at https://www.benzinga.com How JTrader's Joseph Gasperoni Finds Stocks To Trade Every Day https://www.benzinga.com/trading-ideas/long-ideas/20/05/16139606/how-jtraders-joseph-gasperoni-finds-stocks-to-trade-every-day <p><em><a href="https://www.benzinga.com/events/options-bootcamp/">Benzinga&rsquo;s Boot Camp </a>features&nbsp;live trading and educational sessions from 11 professional traders. The following is a recap from <a href="https://jtrader.co/chatroom/?ref=heysummit">Joseph Gasperoni&rsquo;s</a> presentation.&nbsp;</em></p> <p>It&rsquo;s very important for traders to have a routine. The first thing Jtrader&#39;s Joseph Gasperoni does when he sits down at his trading station in the morning is read the news to get a feel for what occurred overnight. Once he&rsquo;s done that, he starts to look at his two scanners:&nbsp;one for small-cap stocks&nbsp;and one for large caps.&nbsp;</p> <h3>How Gasperoni Picks Stocks</h3> <p>For the small-cap scanner, Gasperoni&nbsp;narrows his focus to stocks that are under $300 million in market cap, are priced between $1-15 per share&nbsp;and have a low ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/05/16139606/how-jtraders-joseph-gasperoni-finds-stocks-to-trade-every-day alt=How JTrader&#039;s Joseph Gasperoni Finds Stocks To Trade Every Day>Full story available on Benzinga.com</a></p> Benzinga Boot Camp Joseph Gasperoni Jtrader Long Ideas News Short Ideas Small Cap Analysis Technicals Events Trading Ideas Long Ideas News Short Ideas Small Cap Analysis Technicals Events Trading Ideas Benzinga Fri, 29 May 2020 16:59:42 +0000 Spencer Israel 16139606 at https://www.benzinga.com Commentary: Making a tough best guess market forecast https://www.benzinga.com/trading-ideas/long-ideas/20/05/16138766/commentary-making-a-tough-best-guess-market-forecast <p><br /><img alt="" src="https://s29755.pcdn.co/wp-content/uploads/2020/05/Blaze_commentary_052720_2.jpg" /></p> <p><em>The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.</em>  </p> <p>Forecasting is hard enough to do when you have accurate and timely data. It&#039;s almost impossible when your data is not up-to-date. </p> <p><strong>There is an old adage: Forecasting is like driving blindfolded while your partner looks rearward and telegraphs the next turn based on what you recently passed.</strong> <strong>That is tough to do on a curved road. It is mpossible on a road never taken</strong>.</p> <p>Railroad freight is a derived demand economic function because cargo moves when there is a market demand.   </p> <p><img alt="" src="https://s29755.pcdn.co/wp-content/uploads/2020/05/Blaze_commentary_052720_3.jpg" /></p> <p>(Photo: Jim Allen/FreightWaves)</p> <p>Who sets the demand? It&#039;s typically the receivers that set the demand table. Yes, the critical mass to projecting a forward business volume is the buyers. </p> <p>A map highlighting the delivery geography is the prime intelligence source for almost all freight forecasting.</p> <p>In practice, one must examine both the origin and destination together with the alternate transit paths. There is complexity. Sometimes there is a middleman that changes the scope and the path and the timing of cargo movements.</p> <p>A fuel change and a market slowdown or a price drop in certain commodities can also change the path and the chosen freight carrier mode.</p> <p>Thinking about railway freight specifically, let&#039;s briefly consider the essential planning factors that will influence the outlook for the remaining weeks in the second quarter of 2020. </p> <p>The setup for rail freight is that it moves bulk cargo and industrial cargo.  That covers the core rail carload sector. Carload traffic volume is more profitable on a per railcar revenue basis and much larger as a percentage of cargo relative to intermodal traffic (trailers and containers on trains). </p> <p>If we just focus on intermodal rail, we miss the heart of the still extremely profitable carload freight business model that drives the seven big Class 1 railroad companies.</p> <p>Here is a simple profile of where the railroads most hope to preserve or to grow their 2020 business volume.  These commodity sectors are important because they are where the money is for a strong financial result.</p> <p><img alt="" src="https://s29755.pcdn.co/wp-content/uploads/2020/05/Blaze1-052620.png" /></p> <p>What&#039;s the official railroad company traffic volume and return to volume growth outlooks?</p> <p>Collectively, they are very silent. None are effectively telegraphing the next turns ahead.  In investor relations terms it means eliminating their "forward guidance."</p> <p>Here is a sample of the non-forecasting language:</p> <p>CSX withdrew its guidance for the rest of the year. Why? It is "too wide to predict at this time" according to the company&#039;s president and chief executive officer.</p> <p>Kansas City Southern has withdrawn its previous full-year earnings forecast. It is also reducing its 2020 capital expenditures by about 10% from the original target of ~$500 million. That might drop later by a full 20% depending upon evolving conditions.</p> <p>Norfolk Southern Corp. withdrew its previous outlook for flat full-year revenue. It has not yet signaled how much its second quarter 2020 volumes will decline. Instead, it has signaled a so-called "doubling down" on lowering its structural costs as a means of driving profits. That suggests ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/05/16138766/commentary-making-a-tough-best-guess-market-forecast alt=Commentary: Making a tough best guess market forecast>Full story available on Benzinga.com</a></p> Freight Freightwaves Long Ideas News shipping Short Ideas Markets Trading Ideas General Long Ideas News Short Ideas Markets Trading Ideas General Benzinga Fri, 29 May 2020 16:27:16 +0000 FreightWaves 16138766 at https://www.benzinga.com PreMarket Prep Stock Of The Day: Big Lots https://www.benzinga.com/news/earnings/20/05/16139106/premarket-prep-stock-of-the-day-big-lots <p><em>Benzinga&#39;s&nbsp;<a href="http://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a>&nbsp;airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.</em></p> <p><em>On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.</em></p> <p><em>For those who don&#39;t have the time to <a href="https://www.youtube.com/channel/UCqQs28K2zj2dOsc5NfXUKEg">tune in live</a>&nbsp;or listen to the&nbsp;<a href="https://soundcloud.com/bztv/tracks">podcast</a>, Benzinga will highlight one stock that merits further discussion. This analysis is not a buy or sell recommendation.</em></p> <p>Retail earnings continued today, with <strong>Big Lots</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/big#NYSE">BIG</a>) announcing first-quarter results. The report and corresponding price action were discussed in detail on today&rsquo;s PreMarket Prep Show.</p> <h3><strong>Initial Reaction To Q1 Report</strong></h3> <p>Before the open, Big Lots announced an&nbsp;EPS beat of 34 cents and a sales beat ...</p><p><a href=https://www.benzinga.com/news/earnings/20/05/16139106/premarket-prep-stock-of-the-day-big-lots alt=PreMarket Prep Stock Of The Day: Big Lots>Full story available on Benzinga.com</a></p> BIG Earnings Long Ideas News WMT Short Ideas Technicals Trading Ideas BIG US0893021032 WMT US9311421039 Long Ideas News Earnings Short Ideas Technicals Trading Ideas Benzinga Fri, 29 May 2020 15:28:53 +0000 Joel Elconin 16139106 at https://www.benzinga.com