Lockheed Martin Corp (LMT) Is Down Again, Here’s The Trade

Last week, the leading defense and aerospace company, Lockheed Martin Corp (LMT), plunged after reporting earnings. The company issued downside guidance and that was not well received by Wall Street. The stock is now trading below its 200-week moving average. This puts the stock in a weak technical position on the charts and often signals further downside in the near term.

Fiserv Inc (FISV) Crushed After Earnings, Here’s The Trade

Fiserv Inc(FISV) is a leading provider of payments and financial services technology solutions. Today, the stock is plunging lower by 11.3% after reporting earnings. The company beat on revenues, but guided in line for FY21. Either way, the stock has now declined below its October lows indicating daily chart weakness and further downside in the near term There are some short term support levels approaching around the $95.00 area, but the better and more important support level is likely to be much lower.

Lyft Inc (LYFT) is Dropping, Here’s The Trade Level

 Leading ridesharing company, Lyft Inc (LYFT), is under heavy selling pressure despite a broad based stock market rally today. The popular stock is trading lower by 4.11% to $51.04 a share. Lyft Inc (LYFT) stock is now trading below its important 50-day moving average.

Delta Air Lines Inc (DAL) Falls After Earnings, Here’s The Trade

 Leading airline stock, Delta Air Lines Inc (DAL), is coming under some selling pressure after reporting earnings this morning. Delta Air Lines Inc (DAL) stock is trading lower by 4.40% to $41.62 a share. The company warned that high fuel prices are going to pressure its ability to remain profitable in the 4th quarter.