An updated forecast for Nvidia (Ticker: NVDA) is now available in the Equity Forecast Charts section of the website. The forecast is a blend of a new Red Wave forecasting model calling attention to changes-in-trend (CITs), and a 92% Blue Wave forecast starting soon. The dates listed along the pathway of the Red Wave forecast…

This forecast compares two very different stocks: Target Corporation (NYSE: TGT), a cyclical retail stock, and Southern Company (NYSE: SO), a defensive utility provider. By contrasting cyclical and defensive market behavior, investors can better understand sector rotation and upcoming opportunities. Each chart expands upon click. Southern Company (SO) Forecast Southern Company has held up fairly…

Despite a recent breakout in the stock price, Northrop Grumman (Ticker: NOC) stock is likely to remain under pressure. The stock may see a seasonal bounce into November, but a composite of exogenous leading data sets is pointing to a disappointing forecast for the stock price for the months ahead.