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Rich Ross Is Bullish On Morgan Stanley
Wednesday, April 19, 2017 - 4:14pm | 121Rich Ross of Evercore ISI spoke on CNBC's Trading Nation about Morgan Stanley (NYSE: MS). He believes the stock should be bought after it jumped approximately 2 percent on better than expected earnings. He is bullish because the stock bounced of a significant technical support. He explained...
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Tesla's Stock Still Has 'Food On The Table,' Technical Analyst Says
Tuesday, April 4, 2017 - 10:22am | 387Tesla Inc (NASDAQ: TSLA)'s stock traded within $1 per share of the $300 mark for the first time ever on Monday. The stock is also up nearly 40 percent since the start of 2017 and higher by 700 percent over a five-year period. Needless to say, Tesla's stock will be hotly debated among investors and...
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Rich Ross Thinks The 'Trump Rally' Is Still Intact
Wednesday, March 22, 2017 - 4:43pm | 133Rich Ross of Evercore ISI said on CNBC's Trading Nation that the up trend isn't over after the pullback on Tuesday. He noticed on a chart of SPDR S&P 500 ETF Trust (NYSE: SPY) that the ETF bounced of its 50-day moving average. He sees that as a bullish sign, because the 50-day moving...
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Pro: Here's Why You Should Buy The Financial Sector ETF
Tuesday, March 7, 2017 - 3:48pm | 327Eddy Elfenbein, the editor of the popular Crossing Wall Street blog and Evercore's Rich Ross were guests on CNBC's "Trading Nation" segment and made a strong case for owning the financial sector ETF, the Financial Select Sector SPDR Fund (NYSE: XLF). Elfenbein was first to make...
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Is Snap Wall Street's Most Unloved Stock?
Tuesday, March 7, 2017 - 2:52pm | 398Snap Inc (NYSE: SNAP)'s IPO was an immediate success; the stock gained around 40 percent in its first trading session. The momentum carried over through the end of the week, but after peaking at $29.44, shares were trading as low as $21.30 Tuesday. Wall Street's reaction to the newly issued stock...
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Rich Ross Is Bullish On SPDR S&P Retail (ETF)
Friday, December 9, 2016 - 4:00pm | 138Rich Ross of Evercore ISI spoke on CNBC's "Trading Nation" about SPDR S&P Retail (ETF) (NYSE: XRT). He said consumer stocks have been lagging the market, but they have recently started a bullish break out to the upside. He analyzed a chart of SPDR S&P Retail (ETF) and concluded it could...
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Rich Ross Weighs In On Chevron, Caterpillar And McDonald's
Tuesday, October 18, 2016 - 6:31am | 183Speaking on CNBC's Fast Money, Rich Ross of Evercore ISI said that Chevron Corporation (NYSE: CVX) is going to hold above its 200-day moving average. He thinks that crude oil is going higher and that is going to take Chevron higher too. Caterpillar Inc. (NYSE: CAT) is the best performing...
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Rich Ross Is Bearish On SPDR S&P 500 ETF Trust
Thursday, October 13, 2016 - 5:14pm | 149On CNBC's Trading Nation, Rich Ross of Evercore ISI shared with the viewers his technical analysis for SPDR S&P 500 ETF Trust (NYSE: SPY). He spotted a head and shoulders pattern in the chart of SPDR S&P 500 ETF Trust and he explained that the stock is currently trading at its...
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Rich Ross Shares His Biotech Trades
Tuesday, October 11, 2016 - 6:32am | 187On CNBC's Fast Money, Rich Ross spoke about the biotech stocks that could trade higher. He said that BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) is in an uptrend and it has been making higher lows all year. It's currently trading at its 100-day moving average and he noticed a triangle...
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Rich Ross Is Bearish On The S&P 500
Thursday, January 7, 2016 - 7:36am | 163On CNBC's Fast Money, Rich Ross of Evercore ISI spoke about the impact of China on the S&P 500. He analyzed the correlation between yuan and the S&P 500 and he concluded that the index followed the decline in the yuan. Crude oil and the Dow Jones Transportation Average have also...
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Rich Ross Is Bearish On Apple
Wednesday, January 6, 2016 - 4:03pm | 167Rich Ross of Evercore ISI shared on CNBC's Trading Nation his technical analysis of Apple Inc. (NASDAQ: AAPL). He identified a head and shoulders pattern on Apple's chart and concluded that the stock has broken the neckline of the head and shoulders pattern. Ross believes that trend has...
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Rich Ross Of Evercore ISI Is Not A Buyer Of Gold
Friday, December 18, 2015 - 7:55am | 131On CNBC's Fast Money, Rich Ross of Evercore ISI shared his technical analysis of gold with the audience. He presented a one-year chart of gold and concluded that there is a clear downtrend channel. He explained that gold is down 11 percent year-to-date, just like euro. Above $1,100, Ross would...
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Rich Ross Likes Party City, FireEye And Nordstrom
Tuesday, November 3, 2015 - 7:32am | 191On CNBC's Fast Money, Rich Ross of Evercore ISI revealed three struggling stocks that he would buy. Party City Holdco Inc (NYSE: PRTY) is down 30 percent from its highs and Ross believes that it could benefit from good Halloween sales. He thinks that it could get back above its 50-day...
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Rich Ross Sees Upside Potential In Disney, United Continental And Biogen
Tuesday, September 22, 2015 - 6:40am | 267Rich Ross of Evercore spoke on CNBC's Fast Money about stocks that have had big pullbacks, but also have big upside potential by the year end. Ross named Walt Disney Co (NYSE: DIS) as his first pick. The stock formed a double bottom and it is now testing its 200-day moving average. He...
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Wall Street Mixed On Biogen Before Earnings
Thursday, July 23, 2015 - 5:39pm | 729Shares of Biogen Inc (NASDAQ: BIIB) fell 1.71 percent on Thursday's trading, ahead of the announcement of the company’s second quarter financial results, scheduled for before the market opens on Friday. According to Estimize, the Street is expecting to see 17 percent year-over-year growth...