Gold prices have been soaring lately and one Real Money subscriber asked what we thought of the charts of Barrick Gold Corp. (ABX) which is listed on the Toronto Exchange but also trades on the NYSE u...
Tag: Headlines
Zscaler Reports and the Stock Goes South: Here’s My Plan
On Thursday, a number of cybersecurity software stocks did very well as Russian troops invaded Ukrainian territory and the world braced for an expected upswing in cyber attacks. Sarge-fave Zscaler (ZS...
Calling the Current State of the Market a ‘Correction’ Is a Joke
The traditional media is taking note today that the S&P 500 is now in ‘correction’ territory which is defined as a drop of 10% from highs but less than 20%. At 20%, the correction beco...
Home Depot, Its Charts Already Weakening, Is Drilled After Earnings
Home improvement retailer Home Depot Inc. (HD) reported its fourth-quarter results Tuesday morning and beat earnings and revenue forecasts, but traders were sellers of the stock at the open. In our De...
Palantir Simply Isn’t a Palatable Stock Even After Its Big Decline
The stock of Palantir Techologies (PLTR) has been on some crazy ride since the provider of data analytics software came public in September 2020. It opened around $10 and in a few months soared to a h...
Great Traders Are Born in Bear Markets: Here Are 5 Keys to Follow
There is an old market saying that everyone is a genius in a bull market. When the market is in a strong uptrend, then throwing money at random stocks can be a very effective strategy. It doesn’...
DraftKings Sells Off After Earnings: Here’s How to Trade It
The Super Bowl was what everyone had hoped for. A close game involving at least one major market based team, and a halftime show that held the attention of more peripheral fans. All told, roughly 112M...
If You’re an Intel Investor, Here’s What I’d Do
On the surface it appears that Intel (INTC) is at least moving in the right direction. That said, the load is heavy, and the path is strewn with debris. Let’s discuss. In late January, Intel, a ...
Cleveland-Cliffs Reports: Here’s How I’ll Trade It
Cleveland-Cliffs (CLF) released the firm’s fourth quarter financial results early on Friday morning. The results were much, much better than the year ago, comparable period. Just not what Wall S...
5 Reasons Why We Expect a Relief Rally Is on the Way
The charts of the major equity indexes and market breadth have yet to send a glimmer that the worst might be over. However, the data are suggesting that fear is at peak levels and pressure has built t...
Apple Is the Greatest: Here’s How to Trade It Now
“I’m not the greatest, I’m the double greatest. Not only do I knock ’em out, I pick the round.” – Muhammad Ali The Greatest of All-Time I can only guarantee one thi...
As Bears Pound the Bulls, 2 Indicators Strongly Suggest Relief Is on the Way
While the bears have been hammering the bulls of late, we are seeing levels on two indicators that suggest some relief of recent pressure may be in the offering. And should the indexes manage to close...
Doug Kass: The Era of Irresponsible Bullishness May Soon Be Over
Thursday was an encore presentation, as, for the second time in one week, stocks collapsed. Monday’s market schemissing was followed by yesterday’s vicious decline as the rotation from gro...
David Blitzer Is Making Headlines As A Soccer Investor
David S. Blitzer is a major shareholder at Bundesliga club FC Augsburg. The German club made … [+] headlines this week after signing Ricardo Pepi for $18 million. (Photo by Stefan Puchner/pictur...
I’m Going Public — With My Favorite ‘IPO’ of the Year
Amid all of the 400 or so traditional initial public offerings — and all the 600 or so “de-SPAC” names that went public through special purpose acquisition companies in 2021, I have ...