Kevin Green shows the SPX is slipping back to levels it last saw around the election. However, consumer sentiment and Big Tech may open a path for bulls to charge.
Broadcom's (AVGO) earnings sparked a powerful response from the market, rallying the stock and other A.I. companies alongside it.
Alphabet's (GOOGL) quantum computing developments sparked trading to the upside for the stock and other tech companies. Kevin Green says it can lead rallies on an otherwise quiet trading day.
Kevin Green shows how compression gripped the SPX, but Tesla (TSLA) has potential to push the index through resistance. Turning to next week, Kevin talks about the unique pattern testing S&P 500 futures.
Alan Knuckman revels in the bullish market and believes there's more upside to come. He looks at Bitcoin's rally over $100K and opportunities in crypto miners.
SPX6060 has almost been reached, but only a break below SPX5984 will alert us to a larger correction before SPX6275+ can be reached.
Warren Buffett's growing cash pile, now at a towering $325 billion, is seen as a significant warning signal for some investors who may find themselves overinvested in equities.
SPX Technologies (SPXC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Although the revenue and EPS for SPX Technologies (SPXC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SPX Technologies, Inc (NYSE:SPXC ) Q3 2024 Results Conference Call October 30, 2024 4:45 PM ET Company Participants Paul Clegg - Vice President-Investor Relations Gene Lowe - President and Chief Executive Officer Mark Carano - Chief Financial Officer Conference Call Participants Ross Sparenblek - William Blair Bryan Blair - Oppenheimer Damian Karas - UBS Walter Liptak - Seaport Research Steve Ferazani - Sidoti Operator Good afternoon, and welcome to the SPX Technologies Q3 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
SPX Technologies (SPXC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.06 per share a year ago.
The S&P 500 (SPX) hit upper resistance levels after a sluggish start to the trading day. Kevin Green shows what's behind the optimism for the index.