Melvin Pasternak

Analyst Articles

This stock is on the wrong end of a fading trend. In 2010, customers couldn’t buy enough of this company’s then-chic watches, jewelry, belts and sunglasses. Today, sales are declining worldwide.  Fossil Group (NASDAQ: FOSL) — a name that wasn’t meant to be ironic but may prove to… Read More

Although the S&P 500 has made a substantial recovery off its late-August lows, the technical condition of the broader market is still shaky. For starters, the death cross (200-day moving average crosses below the 50-day) is still in force on the index. The same technical configuration applies to… Read More

While old media stocks like Viacom (NASDAQ: VIAB), Walt Disney (NYSE: DIS) and 21st Century Fox (NASDAQ: FOXA) were hit with bad news and huge losses last week, Netflix (NASDAQ: NFLX) scored three straight record closing highs before succumbing to profit-taking on Friday. Shares have been on a tear, more… Read More