Jay Woods, chief market strategist at Freedom Capital Markets, is eying a retailer which is each a holiday-shopping play and an earnings play this week: Greenback Common . “It’s now in a near-term uptrend with room to run,” mentioned Woods forward of the low cost retailer’s earnings on Thursday. “Let’s examine if they will get again above $115 — it is obtained room to run if it does,” mentioned the longtime dealer. DG YTD mountain Greenback Common, YTD If it pulls again on earnings, Woods mentioned the $98 stage is the one to look at to see if the “long-term turnaround story is undamaged.” Different issues Woods is watching this week: Salesforce earnings on Wednesday after the bell: “It is down 30% yr so far, and technically at a key stage. Watch $230. It is examined 3 times now and held. We’re at that stage as we go into the numbers. If we fall under that, it might be a tough begin to 2026.” Outcomes from MongoDB , Snowflake , CrowStrike , and Rubrik . S & P 500 is much less then 2% from all-time highs A trickle of financial knowledge earlier than the Fed’s massive determination subsequent week. (See the video above for the total evaluation from Woods.)
