Core Viewpoint - Costco is currently in Phase 11 of its 18-phase Adhishthana Cycle, suggesting a potential peak formation after a strong rally, with the stock declining approximately 11% from its all-time high of $1078.23 [1][6]. Weekly Chart Analysis - Costco confirmed a breakout from its Cakra formation in Phase 9, leading to a rally of approximately 23% [4]. - In Phase 10, the stock surged an additional 66%, indicating continued upward momentum without forming a peak [4]. - Phase 11 saw the stock reach an all-time high of $1078.23, but it has since failed to reclaim that level, suggesting a possible peak has been formed [6][5]. Monthly Chart Analysis - On the monthly chart, Costco is in Phase 12, having also broken out of its Cakra in Phase 9 and rallied through Phases 10 and 11 [9]. - Uniquely, the stock did not form a peak in either Phase 10 or 11, which is rare according to the Adhishthana framework [9]. - The last bar of Phase 11 is critical; if it confirms the peak at $1078.23, it would indicate a potential end to the rally [10]. Investor Outlook - Investors should monitor the $893.62 level, which is the Phase 10 high; breaking this level could confirm the beginning of a descent [11]. - If the stock breaches $1078.23, it would indicate that the rally continues, potentially entering a more powerful phase [12].

Alert confirms a reversal in early weakness in TSMTaiwan Semiconductor TSM today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. Today, at 10:11 AM on July 17th, a significant trading signal occurred for Taiwan Semiconductor (TSM) as it demonstrated a Power Inflow at a price of $243.05. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves ...

Schlumberger Limited SLB will release earnings results for the second quarter, before the opening bell on Friday, July 18.Analysts expect the Westlake, Texas-based company to report quarterly earnings at 75 cents per share, down from 85 cents per share in the year-ago period. Schlumberger projects to report quarterly revenue at $8.51 billion, compared to $9.14 billion a year earlier, according to data from Benzinga Pro.On April 25, SLB reported worse-than-expected first-quarter 2025 results.SLB shares gaine ...

The Charles Schwab Corporation SCHW will release earnings results for the second quarter, before the opening bell on Friday, July 18.Analysts expect the Westlake, Texas-based company to report quarterly earnings at $1.07 per share, up from 73 cents per share in the year-ago period. Charles Schwab projects to report quarterly revenue at $5.64 billion, compared to $4.69 billion a year earlier, according to data from Benzinga Pro.On April 17, Charles Schwab reported better-than-expected first-quarter financial ...

American Express Company AXP will release earnings results for the second quarter, before the opening bell on Friday, July 18.Analysts expect the New York-based company to report quarterly earnings at $3.86 per share. It reported $4.15 per share in the previous year. American Express is also projected to report quarterly revenue of $17.7 billion. Compare that to $16.33 billion a year earlier, according to data from Benzinga Pro.On June 17, the company's board declared a regular quarterly dividend of 82 cent ...

3M Company MMM will release earnings results for the second quarter, before the opening bell on Friday, July 18.Analysts expect the Saint Paul, Minnesota-based company to report quarterly earnings at $2.01 per share. It reported $1.93 per share in the previous year. 3M is also projected to report quarterly revenue of $6.05 billion. Compare that to $6.25 billion a year earlier, according to data from Benzinga Pro.On May 13, the company's board declared a dividend on the company’s common stock of 73 cents er ...

The Roundhill Video Games ETF NERD launched in 2019 and is having a great year in 2025 thanks to the launch of the Switch 2 console from Nintendo Co NTDOY.Roundhill Investments CEO Dave Mazza shares thoughts on the Switch 2 launch, what sports games mean to Electronic Arts EA and why GameStop Corporation GME doesn't make the cut for inclusion in the ETF.Switch 2 Success: The Nintendo Switch 2 launched with a price of $449, $150 above the cost of the original 2017 model. Despite the higher price, the console ...

Group 1 - Roku, Inc. shares are trading slightly lower in the extended trading session on Thursday, while Netflix, Inc. is also down despite beating estimates and raising fiscal year guidance [1][2] - Netflix's stock decline may be attributed to profit-taking by investors after a significant increase leading up to the earnings report, even with positive results [2] - Roku is set to release its second-quarter earnings report after the closing bell on July 31, with analysts expecting a quarterly loss of 15 cents per share and revenue of $1.07 billion [2][3] Group 2 - Roku stock was down 0.66% at $90.50 in Thursday's extended trading session according to data from Benzinga Pro [3]

BlackSky Technology, Inc. BKSY shares are dropping in Thursday's extended trading after the company announced plans to offer $125 million principal amount of convertible senior notes due 2033. The Details: BlackSky also intends to grant the initial purchasers of the notes an option to purchase up to an additional $18.75 million principal amount of the notes.Read Next: Rare Earth Royalty: Meet The Power Players Shaping The IndustryThe company said it intends to use approximately $103.1 million of proceeds fr ...

Group 1 - Johnson & Johnson's stock has encountered resistance around the $165 level, which was also a resistance point in March [1][4] - Traders who purchased shares at approximately $165 in March are now questioning their decisions after the stock's decline, leading many to hold their positions with the intent to sell at breakeven if the price returns to $165 [3][4] - The stock's recent rally back to $165 triggered a significant number of sell orders, reinforcing the resistance at this level [4] Group 2 - The stock has recently broken out of a classic ascending triangle pattern, indicating a balance between patient sellers and anxious buyers, which sets the stage for potential upward movement [5][6] - Since April, sellers have been willing to sell around $157, creating a horizontal resistance line, while buyers have become more aggressive, leading to a rising support line [6][7] - Understanding technical analysis is crucial for traders, as it reflects the dynamics of supply and demand in the market, allowing savvy traders to capitalize on these movements [7]