by Ian Cooper President Trump just signed an order boosting deep-sea mining for rare earth metals. In fact, as noted by CNBC, “The United States has a core national security and economic interest in maintaining leadership in deep sea science and technology and seabed...
Keep an eye on oversold, but rebounding shares of Diamondback Energy (FANG). After dropping from about $165 to a low of $114, FANG is now back up to $137.82. From here, we’d like to see it initially refill its bearish gap at around $165. Fueling upside, analysts at...
In late March, we said, “Keep an eye on down, but not out shares of Walmart (WMT). After dropping from about $105 to a recent low of $85.15, WMT appears to have found strong support. It’s also over-extended on RSI, MACD and Williams’ %R. From its last traded...
Keep an eye on oversold shares of Advanced Micro Devices (AMD). After catching support around $77, the stock is now back to $96.64. From here, we’d like to see it retest $110 initially. Helping, analysts at Susquehanna is out with a new price target of $135 with a...
Until the trade war chaos cools off, volatility will remain elevated. With that, one of the best ways you can keep your portfolio safe while generating passive income is with highly respected dividend stocks that can sustain payouts. Plus, dividend stocks can...
One of the biggest beneficiaries of the US dollar decline is Bitcoin. In fact, with the US dollar now at a three-year low and speculation of Treasury buybacks, Bitcoin is up about $3,500 on the day. If the U.S. Treasury were to buy back its own debt, it could...
With tariff concerns, a weaker US dollar, fears of a potential recession, threats to oust Federal Reserve boss Jerome Powell, and massive central bank buying, investors have been racing to the safe havens of gold. It’s why gold just hit an all-time high of $3,424....
by Ian Cooper Some of the best opportunities can be found in beaten-down oversold stocks. Especially when there’s still a good amount of fear. Remember, crises often create opportunities, as we’ve learned from some of the richest investors. Warren Buffett, for...
Over the last few days, the US FDA said it was phasing out animal testing. Instead, the agency will push for the “development of monoclonal antibody therapies and other drugs with more effective, human-relevant methods. The new approach is designed to improve drug...
On Thursday, UnitedHealth (UNH) plunged 22%, or by about $131 a share. It’s a big part of why the Dow Jones lost about 500 points that day, too. All after the company missed earnings and cut guidance. In fact, its EPS of $7.20 missed by nine cents. Revenue...