Group 1 - Midland States Bancorp, Inc. (MSBI) has reached a key level of support, indicating a potential investment opportunity from a technical perspective [1] - A "golden cross" has occurred, with MSBI's 50-day simple moving average crossing above its 200-day simple moving average, suggesting a potential bullish breakout [1] - Over the past four weeks, MSBI has gained 31.9%, and it currently holds a 3 (Hold) rating on the Zacks Rank, indicating the stock could be poised for further upward movement [3] Group 2 - The golden cross pattern consists of three stages: a downtrend that bottoms out, a crossover of the shorter moving average over the longer one, and an upward price trend [2] - There have been no downward changes in earnings expectations for MSBI over the past 60 days, with the Zacks Consensus Estimate moving up, reinforcing the bullish outlook [3] - Investors are encouraged to consider adding MSBI to their watchlist due to the significant technical indicator and positive earnings estimate trends [4]

Core Insights - Pure Storage (PSTG) has experienced a significant decline since reaching a record high of $100.45 on November 3, with a notable drop of 27.3% following its earnings report on December 3, currently trading at $66.54, approximately 33% below its peak [1] Technical Analysis - The stock is currently supported by its 180-day moving average, which is helping to limit losses [2] - PSTG is within 3% of its 12-month moving average, having closed above this trendline for the past five months. Historically, this signal has led to a higher stock price one month later 80% of the time, with an average gain of 7%. Three months post-signal, the average gain is 25.8%, with 60% of returns being positive [2] Options Market - Options appear to be a favorable strategy for PSTG, as the stock is showing a short-term bullish signal. The current premiums are attractively priced, indicated by a Schaeffer's Volatility Index (SVI) of 45%, which is in the low 17th percentile of its annual range, suggesting low volatility expectations from options traders [4]

$STBL is nicely consolidating here, and has one primary objective:Breaking through the 20-Day MA in the coming weeks.It's creating a higher low; however, with the current price action, likely, this won't hold, and we'll test the lows again.However, I remain bullish on trading this one actively, and I think we'll see a break above the 20-Day MA, which will trigger a strong rally towards the previous resistance/support areas. ...

Time now for Options Corner. Joining us to take a deeper look at the chart for Apple. Rick Dukat, lead market technician.All right. Uh Rick, when you take a look at this chart, what trends do you notice. >> Had a a bit of a resurgence recently.Now, it's about on par with the S&P 500, the broader market here. But we can also see notably underperforming its own tech sector still, which is up about 22.5% versus Apple up about 13%. Apple for a while also had the rather dubious distinction of being the worst per ...

Company Overview - Yum! Brands, Inc. is based in Louisville, Kentucky, and operates quick service restaurants with a market cap of $41 billion, offering a diverse menu of food items [1] - The company has a significant global presence with over 62,000 restaurants in more than 155 countries, featuring well-known brands such as KFC, Pizza Hut, and Taco Bell [2] Stock Performance - Yum! Brands' stock has experienced a decline of 9.1% from its 52-week high of $163.30, reached on March 7, while gaining 2.8% over the past three months, underperforming the Nasdaq Composite's 9.1% gains [3] - Over a six-month period, Yum! shares rose by 3.2% and by 7.8% over the past 52 weeks, which is lower than the Nasdaq's gains of 20.9% and 20.4% respectively [4] Challenges and Strategic Review - The underperformance of Yum! Brands is largely attributed to challenges faced by Pizza Hut due to competition from Domino's aggressive delivery strategy, prompting a strategic review aimed at streamlining operations [5] Financial Results - On November 4, Yum! Brands reported Q3 results with an adjusted EPS of $1.58, surpassing Wall Street's expectation of $1.47, and revenue of $1.98 billion, exceeding the forecast of $1.96 billion [6] Analyst Ratings - Wall Street analysts maintain a reasonably bullish outlook on Yum! Brands, with a consensus "Moderate Buy" rating from 28 analysts and a mean price target of $164.88, indicating a potential upside of 11% from current levels [7]

Netflix (NFLX) shares are slipping on Wednesday after regulatory filings revealed Reed Hastings has unloaded more than 375,000 shares of Netflix stock. On Dec. 1, the cofounder and current chairman of the mass media giant sold 375,470 NFLX shares. However, it appears that through a prearranged 10b5-1 trading plan, Hastings simply sold shares that converted on the same day as the transaction. More News from Barchart Netflix stock is currently down 22% versus its June high. The selloff this morning pushed ...

Today in stocks and translation, we're going to take a look at how the Dow is actually calculated. Now, the Dow was born all the way back in 1896, nearly 130 years ago, before computers, before calculators. So, this index of 30 stocks had to be easy to calculate. And for sakes of simplicity, only the stock price is used. So, the higher the stock price, the greater the weight in the index. And almost every other index, by the way, like the S&P and the NASDAQ, they use a company's market capitalization, but t ...

First crucial resistance zone for $BTC.It's the 20-Daily MA and it's a horizontal resistance zone.It will probably be used for people to take profits from, and therefore requires some time before the markets are going to go up some more.I'd rather expect this to happen in December, as this bounce increases the chances that the markets have been reaching a bottom on the correction in the previous 2 weeks. ...

Market Overview - Markets are hovering close to record highs, with discussions around whether the current valuations are sustainable or indicative of a bubble [1][10] - The S&P 500 is currently trading at 23 times earnings, with a target of 7,900 for the end of next year, suggesting a bullish outlook despite concerns about overvaluation [7][29] AI and Investment Sentiment - There is ongoing debate about whether the AI sector is experiencing a bubble, with some models indicating that major companies in this space are currently fairly valued [20][22] - The sentiment in the market tends to shift from greed during earnings season to fear afterward, creating potential entry points for investors [11][13] Technical Analysis - The moving average is highlighted as a key technical analysis tool, with the 50-day moving average recently breaking through in major indices, indicating potential market trends [24][25] - The importance of using moving averages to gauge entry and exit points in the market is emphasized, particularly in relation to valuation [26][31] Federal Reserve and Inflation - The Federal Reserve's inflation target of 2% has been a topic of contention, with arguments that it is too rigid and not reflective of current economic conditions [34][36] - The Fed's actions, particularly rate hikes, have historically led to recessions, and there is a call for a more flexible approach to monetary policy [39][51] Housing Market Insights - The housing market is currently in a recession, with construction starts below critical thresholds, but this has not yet led to a broader economic recession [48][51] - The impact of technology on the housing market is noted, as it offsets some of the slow growth seen in construction [43][44] Investment Strategies - A diversified investment approach is recommended, incorporating both income-generating assets and growth-oriented stocks, particularly in the current market environment [55][58] - The discussion includes a preference for riskier fixed income options and large-cap dividend stocks, while cautioning against investments in non-cash flow producing assets [57][59]

Semiconductor stock Broadcom Inc (NASDAQ:AVGO) has pulled back from its Oct. 29 record high of $386.48, last seen trading at $346.70. The stock is outperforming with a 50% year-to-date lead, however more gains could be imminent, as the 80-day moving average swoops in as historically bullish support. Per Schaeffer's Senior Quantitative Analyst Rocky White, the equity is now within 0.75 of the 80-day moving average's 20-day average true range (ATR) after remaining above it during the last 20 trading days and ...