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Stock Market & Financial Investment News

News Breaks
July 21, 2014
11:37 EDTCMGChipotle technical view ahead of earnings
The stock has been a strong out-performer in the last three months, trading up nearly 17%. Of late upside momentum has stalled which is typical for a strong advance into earnings. On a short time frame this looks like nothing of concern. Pulling back to a multi-year view however presents a more disturbing picture. There is a potential double top in the stock that a negative catalyst tonight could set in motion. On an increasing band of negative surprises in earnings or outlook, which may include profit margin concerns due to higher food costs, supports below are at $564.76, $538.26, and then at $518.54. A move below $500 would confirm the double top was on its way to a second set of downside objectives as the $500 level is the mid-point of the familiar "M" shape of a double top pattern. If the news exceeds expectations, resistance would be at $614.20 and then at $622.90 which is the 52-week high and life high for the shares. A breakout above the life high could set up a run to $650. It should be noted that the short base for the stock is close to a 1-year low. That could increase downside reactions, if there are any, as there is relatively little in the way of potential buy-to-cover demand.
News For CMG From The Last 14 Days
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April 22, 2015
08:59 EDTCMGChipotle at attractive entry point for long-term investors, says Baird
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08:05 EDTCMGChipotle outlook still positive, says Oppenheimer
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06:46 EDTCMGChipotle should be bought on earnings weakness, says JPMorgan
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06:45 EDTCMGChipotle downgraded to Market Perform from Outperform at Raymond James
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05:50 EDTCMGStocks with implied volatility movement; CMG IP
Stocks with implied volatility movement; Chipotle (CMG) 37, International Paper (IP) 28 according to iVolatility.
April 21, 2015
19:06 EDTCMGOn The Fly: After Hours Movers
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16:14 EDTCMGChipotle exploring options to increase pork supply
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16:03 EDTCMGChipotle sees FY15 comp restaurant sales growing low-to-mid single digit
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16:02 EDTCMGChipotle reports Q1 EPS $3.88, consensus $3.66
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15:28 EDTCMGNotable companies reporting after market close
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13:52 EDTCMGChipotle April weekly 697 straddle priced for 6.9% movement into Q1
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13:47 EDTCMGChipotle technical view ahead of earnings
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08:41 EDTCMGOptions expected to be active
Options expected to be active: UA TEVA PRGO MYL UTX QCOM VMW HOG CMG IBM VZ
06:52 EDTCMGChipotle volatility elevated into Q1 and outlook
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April 16, 2015
15:37 EDTCMGChipotle volatility elevated into Q1 and outlook
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10:00 EDTCMGOn The Fly: Analyst Initiation Summary
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April 15, 2015
17:25 EDTCMGChipotle initiated with a Buy at Guggenheim
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10:00 EDTCMGOn The Fly: Analyst Initiation Summary
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07:42 EDTCMGChipotle near-term outlook positive, says Oppenheimer
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06:04 EDTCMGChipotle initiated with an Outperform at Cowen
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