Saturday, May 18, 2024

The Bulls May Have An Uphill Fight with Apple, Amazon and Facebook in Congress...

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The next two days have a ton of news on major technology stocks like Apple, Amazon.com and Facebook. There are also important things happening on the price charts. The S&P 500 and Nasdaq-100 have some...
IPhone Demand, Earnings and Election Relief Fuel Stock Market Rally

Five Reasons Why Stocks Began November With a Giant Blastoff

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Stocks began November with a monster rally, and there are at least five reasons why. The S&P 500, Nasdaq-100 and Dow Jones Industrial Average each had their biggest weekly gains since March. Technology stocks led...
FANG Stocks Fading as Vaccine Optimism Draws Investors to Small Caps

The End of FANG? Most Stocks Break Out But the Nasdaq Is Going Nowhere

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Stocks hit new highs last week on hopes of a coronavirus vaccine, but major technology companies like Apple and Tesla went nowhere. Consider these points about the period between Friday, November 6, and Friday, November...

Trade QQQ? The Nasdaq Just Had its Worst Quarter in a Decade, by This...

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The Nasdaq-100 went from an amazing year in 2020 to its worst quarter in a decade, compared with the rest of the stock market. The technology heavy index, home to trillion-dollar giants like Apple (AAPL)...

Are Apple and Tim Cook About to Copy Amazon Prime?

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Apple is trying to shift from gadgets to services. Tomorrow could mark a big step in that evolution. The technology giant is apparently developing "Apple One" as bundled set of services like Amazon Prime. Details...

These Two Little Known Stocks May Track Home Prices

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The U.S. housing market has steadily gained strength for the last year. Today we wanted to profile two lesser-known-companies in the sector. Invitation Homes (INVH) and American Homes 4 Rent (AMH) are unusual because they...

The Federal Reserve Meets Next Week. Is a Squeeze Coming in Silver Prices?

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Silver made a violent move last summer when it broke a six-year resistance level. Prices have consolidated since but now the bulls may be returning. Notice how XAGUSD probed and held its 200-day moving average...

Strong Results, But Few Breakouts: Earnings This Week

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Several companies reported earnings this week, but few broke out. Walt Disney (DIS), Cisco Systems (CSCO) and Applied Materials (AMAT) beat analyst forecasts but remained below recent highs. Less prominent companies including Chinese e-commerce...
Align Technology Breaks Out on Social Media Engagement Surge

Social Media Success Story: Align Technology Makes Braces Cool

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Social media platforms like Snap and Pinterest spiked on higher engagement this earnings season. Another stock company to benefit was orthodontic company Align Technologies (ALGN). The maker of Invisalign has rallied more than 30...

Options Alert: Traders Brave Selloff in Casino Stock, Look for Oversold Bounce

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Political and Covid-19 worries have crushed a major casino key gambling stock, but some options traders are looking for a bounce. Wynn Resorts (WYNN) is having its worst week in over a year, down 15...
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