EQS-News
CBOE's Weekly Market Recap: Sept. 19-23 - Seite 2
The iShares FTSE 100 UCITS ETF (LSE: ISF) decreased by 0.63% week-on-week.
The iShares Core DAX UCITS ETF (BIT: EXS1) decreased by 3.57% week-on-week.
The Lyxor CAC 40 ETF (EPA: CAC) decreased by 4.64% week-on-week.
Shares of BJ’s Wholesale Club Holdings Inc. (NYSE: BJ), an American membership-only warehouse club chain, have been steadily rising over the past couple of months, showing strength in a weak market.
Over its last three earnings reports, BJ’s has had three consecutive quarters of accelerated earnings. On March 3, May 19 and Aug. 18, BJ’s reported earnings per share (EPS) of 8 cents, 87 cents and $1.06, respectively. Despite a slight negative surprise in reported revenue on March 3, BJ’s revenue has largely tracked its earnings acceleration, recording $4.496 billion and $5.1 billion on May 19 and Aug 18, respectively.
Popular growth investors William O’Neil and Mark Minervini have long championed bear markets for their ability to introduce new market leaders. According to these investors, strong candidates typically demonstrate upward trends and challenge their 52-week highs as the market continues to drop.
BJ’s currently meets these two categories and is supported by three consecutive weeks of earnings acceleration.
Major Cryptocurrencies-
Bitcoin has declined by 3.14% since last week, nearing its yearly low.
-
Ethereum has declined by 3.13% since last week.
-
Solana has increased by 3.91% since last week, holding above the key $30 price tag.
Lesen Sie auch
A number of companies report earnings next week, including:
Company |
Earnings per share (EPS) estimate |
BlackBerry Ltd. (NYSE: BB) |
-$0.07 |
Bed Bath & Beyond Inc. (NASDAQ: BBBY) |