Q3 Earnings Preview For Dollar General
Wall Street analysts see Dollar General reporting earnings of $1.26 per share on sales of $6.38 billion.
Dollar General EPS in the same period a year ago totaled 98 cents. Sales were $5.9 billion. The Wall Street estimate would represent a 28.57 percent increase in the company’s earnings.
Sales would be up 8.06 percent from the same quarter last year.
Dollar General (DG) Q3 Earnings Likely to Rise: Here’s Why
Today's Trade of the Day | 12-4-18
Retail/consumer stocks such as TGT, JWN, ROST, ATVI, EA, KSS showing vicious bearish order flow. Volume continues to be heavy in declines. Until I see accumulation my bias continues as a seller.
Stock Trading Ideas Tuesday 12-4-18
Bullish Cash Flow: AMD, EL, DKS, NRG, ETRN, CAH, WDAY
Bearish Cash Flow: disca, atvi, hfc, ttwo, amrn, pvtl, unm, ea, aa
Bullish Breakouts: AMD, WYNN, EL, LVS, W, ETSY, DE, MA, NKE, A, LRCX, WDAY, UNP, MXIM, UNH, ACN, MDT, WBA, BAX
Bearish Breakouts: disca, atvi, gis
Double Average Volume: TSRO, ATVI, AET, CLVS, TTWO, CF, FANG, CLR, EL, DE
Become a Better Trader. Get Notified.
Tape Reading the SPY ETF
SPY ETF stalled at resistance, not shocking with such a powerful gap and a multi-day move. Yesterday's call was spot on int hat we expected zero follow through. Looking for profit taking but the next pause will absolutely set the tone for the remainder of 2018.
A pause on light volume implies a rally into the end of the year. A heavy volume pause implies we remain stuck in the giant trading range that is 2018.
Stock specific trading ideas continue to offer the best opportunities. But the longer price action stays in this area without a significant decline, we could see a nice bullish run to end December.