Obviously we’re past the really interesting and exciting part of the earnings season, so now the biggest companies we have to anticipate are junk like Zoom Communications (which is this evening). One larger firm that is reporting soon, however, is Target (TGT) whose earnings come out in the morning. You can see it had a gargantuan gap many months ago, and it’s been banging around beneath it ever since. It’s rather close to the top of its multi-month range right now.
Looking at the much longer-term history of the stock, you can see TGT is pretty much smack dab in the middle of its lifetime ascent.
What’s somewhat interesting is what the reactions have been like lately. Quite a few recent quarters seem to have been shockers for investors.