Skip to content
Pattern Recognition identified a breakout in AudioCodes early in the trading session. The Israeli-based Voice Over Internet Protocol firm has the earnings to back up the price move. Looking at it now, it's well past the buy point of 40.16 and the buy range extending 5% to 42.17....
Strong rebound in existing-home sales with a 20.7% increase from May (lowest level in 10 years). LGI Homes is the leader but it's out of there. Pulte Homes looked good today but has earnings before the open tomorrow. iShares US Home Construction allows you to play the move in the group....
Setup continue in the market and Zebra Technologies has a familiar pattern. Deep base in Coronavirus crash followed by tighter more orderly base....
Yahoo Finance’s Alexis Christoforous , Brian Sozzi and Ines Ferre break down what investors should keep a lookout for in Tesla’s second quarter earnings report....
Billionaire investor Bill Ackman is sponsoring the largest special purpose acquisition company through his Pershing Square Holdings fund.The New SPAC: A SPAC is a blank check company with no operations that is created to raise capital through an initial public offering with the sole purpose of acquiring an existing company.Ackman is entering the SPAC sphere by offering 200 million units of Pershing Square Tontine Holdings at $20 per share. Pershing Square will acquire between $1 billion and $3 billion for a total amount of capital of up to $7 billion, CNBC reported.Ackman will likely target four kinds of companies, according to CNBC contributor Kenneth Squire: * A high-quality, large-capitalization company that could be better off foregoing an IPO process, like Rocket Mortgage. * A venture-backed business with a notable scale that doesn't have as many private funding options. * A large but distressed private equity portfolio company that needs an equity...
