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The S&P 500 reversed early losses and is marching higher, continuing the bounce from last week. We expected this bounce and are long. The upside target on the SPY (S&P 500 ETF) is $262. Once...
Akamai Technologies (NASDAQ:AKAM) is a leader in providing services that improve the delivery of content and applications over the internet. The stock fell 4 percent Wednesday to $56.64 a share. The...
Almost everyone in the trading business is talking about an oversold market at this stage of the game. Stocks are now entering correction territory and there could still be more selling down the road....
Lately, many talking heads in the financial press have been calling a bottom in the emerging markets. The iShares MSCI Emerging Markets ETF (NYSE:EEM) topped out on January 26, 2018 at $52.08 a share....
Almost every talking head on the financial news is calling this recent correction a bear market. Technically speaking a bear market is when an index has fallen 20.0 percent from its peak. So yes,...
Spot crude collapsed again on Tuesday, hitting a low of $47.28/bbl. Based on a major trend line and pivot support, traders are buying oil here for a helthy bounce. Note the chart below. Oil was...
Aluminum giant Alcoa (NYSE:AA) has been under severe selling pressure since April 2018. Back then, the stock traded as high as $62.35 a share. Since that high pivot, the stock has been selling off and...
The marijuana industry has been on fire lately. Politicians seem to be pushing more proposals to make recreational pot legal. Large companies like Constellation Brands (NYSE:STZ) and Altria (NYSE:MO)...
Shares of Stitch Fix (NASDAQ:SFIX) collapsed over 25% Tuesday on the back of poor earnings/guidance. The stock now finds itself trading below $20, down from a 52-week high of $52.50. While it appears...
As you know, all of the leading video game developers have been under selling pressure since October 2018. Video-game-developer stocks like Activision Blizzard (NASDAQ:ATVI), Electronic Arts...
Diagnostic testing and information services company to the healthcare industry, Quest Diagnostics (NYSE:DGX) fell sharply Thursday after lowering guidance. At one point, DGX lost 9.32 percent to trade...
Shares of Netflix (NASDAQ:NFLX) inched higher Tuesday as the markets float ahead of the G20. However any upside in the next few days should be viewed with skepticism. The stock chart signals Netflix...
A fair case can be made that since March 2009, investors could have bought every dip in the market and made money. In the 2008 recession the S&P 500 index bottomed on March 6, 2018 at 666.78....
As we all know, the leading home-builder stocks have been under severe selling pressure since late January 2018. Higher interest rates have been the catalyst for the decline in the sector. The Federal...
Crude Oil took another big hit on Tuesday as it continued the downhill slide that began in the beginning of October 2018. The United States Oil ETF (NYSE:USO) topped out at $16.25 at the start of...
Shares of Goldman Sachs (NYSE:GS) have taken a nose-dive in the last week. Goldman was trading north of $230 just days ago, and just before Monday's close, GS was at $205.72. A mix of worry over...
Shares of Bed Bath & Beyond (NASDAQ:BBBY) have fallen since 2014 with almost no bounce. Many expect it to follow Sears Holdings' (OTC:SHLDQ) lead and it may well years from now. But there is a...