The impressive runs in several big-tech names have grabbed media attention, but not discussed are the recent implosions of some household-name stocks.
Let's take a look at the charts and indicators.
The stock of Yelp appears headed higher on a report that TCS Capital Management wants Yelp's board to consider strategic alternatives.
We have two new price targets.
Whether Engaged Capital's plan for the restaurant chain pans out or not, I see some tasty potential.
While no potential targeting of BLMN appears imminent, the restaurant name has many ingredients that might make it attractive to an acquirer.
DRI's offer to acquire Ruth's Hospitality Group could mean more buying and selling is on the table.
Watch for a rally as we increase our price target.
The biggest concern for bulls is the 2023 correlation between TLT and stocks.
It appears the coffee giant's shares could extend their uptrend dependent on what it says when it releases its second-quarter results.