Category: Canary

Walgreens Is the Canary in the Stock Market’s Coal Mine
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Walgreens Is the Canary in the Stock Market’s Coal Mine

Shares of Walgreens are down nearly double-digits after reporting dismal earnings. Investors expected the company to handle the pandemic well. The grim reality is indicative of a frustrating earnings season ahead for stocks. Pharmacy chain Walgreens Boots Alliance (NASDAQ: WBA) reported earnings this morning. The numbers weren’t pretty. With expectations of $1.17 per share, the…

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Is Apple the Canary in the Economy’s Coalmine?
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Is Apple the Canary in the Economy’s Coalmine?

In February, Apple warned about supply chain disruptions. The uncertainty started a broader market selloff. Last week, Apple announced they were closing some reopened stores in hotspot areas. Are you trying to understand the disconnect between the economy and the stock market? Look no further than Apple (NASDAQ:AAPL). The consumer tech giant has proven remarkably…

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