The stock is moving higher buoyed by a dividend hike and share buyback program.
The current situation is reminiscent of 2008, when Citigroup traded at about $1. Let's look how that's played out.
This is not a growth stock anymore.
The charts of the footwear and apparel giant are not sending bullish signals in advance of its third-quarter results next week.
Plus, the Fed's next move on interest rates has become a literal coin toss.
Money is moving out of financial stocks into tech, but bears continue to warn that tech stocks will be hit by valuation adjustments as the economy slows.
Let's check the charts and indicators.
Does the Fed end up fighting inflation? Or does it pour kerosene on the fire in order to prevent some kind of economic armageddon?
I get it -- you're frustrated with this market. So am I, but here's what I've learned from more than 45 years of investing.
Here's what I see possible for next week, as we watch an all-too typical sequence play out on Wall Street while we head into an oversold condition.