Retail stocks lately have been quite strong — not quite to the level that we’ve seen out of energy, but certain stocks in this group have been pretty impressive. Specifically, I’m talking about ...
Tag: technical analysis
SoFi Stock Drops. Buy the Dip? The Chart Gives a Hint.
The market is struggling on Thursday. Unfortunately for SoFi Technologies (SOFI) – Get SoFi Technologies Inc Report bulls, the stock is not sticking out because of its outperformance, like Cost...
Costco Roars to All-Time Highs, Making it One of The Best Stocks Now
Excluding portfolio management and diversification, if investors were long just Costco Wholesale (COST) – Get Costco Wholesale Corporation Report and didn’t read the news, they wouldn’t know th...
How Many Times Can We Buy AMD Stock At $100?
The semiconductor group has become a bellwether industry to watch for stock market investors. As such, Nvidia (NVDA) – Get NVIDIA Corporation Report, Advanced Micro Devices (AMD) – Get A...
GameStop to the Moon On Stock Split?
After a harsh end to the first quarter on Thursday, GameStop (GME) – Get GameStop Corp. Class A Report stole the headlines after the close. That’s when the company announced that it plans to sp...
AMD Stock Alert: Buy the Dip or Stay Clear?
Advanced Micro Devices (AMD) – Get Advanced Micro Devices, Inc. Report hasn’t been trading as well as Nvidia (NVDA) – Get NVIDIA Corporation Report lately, but it’s done a pretty good jo...
Will Nvidia Stock Retest The Highs, The Lows, or Both?
Nvidia (NVDA) – Get NVIDIA Corporation Report stock has been on a tear lately. While it hasn’t put together a 10-day rally like Apple (AAPL) – Get Apple Inc. Report, Nvidia’s 40% rally o...
How High Can Cannabis Stocks Go From Here?
Cannabis stocks have been on fire over the past couple of days and when we look around the market, it’s not too surprising. For starters, the stock market has done pretty well. The S&P 500 has wav...
Federal Reserve Alert: How to Trade Nasdaq, S&P After the Rate Hike
The day is finally here. Later this afternoon, the Federal Reserve will announce its first rate hike in quite some time. Investors have been fearful of a rate hike for several months now, part of the ...
Alibaba and JD.com Have Slumped. The Charts Hint When to Buy.
Chinese e-commerce stocks Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report and JD.com (JD) – Get JD.com Inc. Report have had a rough run. U.S.-listed equities have struggled this y...
Apple Stock Alert: Will Foxconn Closure Sink iPhone Maker?
Apple (AAPL) – Get Apple Inc. Report stock is one to watch. Partially because it’s the biggest company in the world and partly because it holds so much weight from a sentiment perspective. Howe...
Broadcom Stock Alert: Here’s How High the Rally Can Go
The world keeps on moving even when it’s in turmoil. Broadcom (AVGO) – Get Broadcom Inc. Report can attest to that, as the company reported earnings on Thursday after the close. With the broade...
How Low Can Stocks Go as Russia Invades Ukraine? The Chart Hints.
When I woke up this morning, the S&P 500 futures were down 100 and the Nasdaq was down almost 500 points. It was an ugly start to the day, but the situation has improved considerably since the ope...
Nvidia Dipped on Earnings Report but Found Footing. Rally From Here?
It was not the reaction the bulls were hoping for after graphics-chip major Nvidia (NVDA) – Get NVIDIA Corporation Report reported earnings. Even as the company beat consensus expectations, Nvi...
Cathie Wood’s ARKK Fund Looks for a Bottom. Here’s How to Trade It.
In the battleground for growth stocks, the bulls lately haven’t put up much of a fight. High-growth stocks have been getting crushed. A typical drawdown in quality names has been 40% to 50% ov...
A Trade Emerges in Alibaba Stock as Berkshire’s Munger Reportedly Buys
Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report stock has been a poor investment for more than a year now. Shares peaked in October 2020 just shy of $320 and fell more than 65% to last m...