Keep an eye on beaten-down, oversold shares of T-Mobile (TMUS). Last trading at $211.30, it’s over-extended on RSI, MACD and Williams’ %R. From here, we’d like to see the stock initially refill its bearish gap at around $220 a share. Longer term, we’d like to see it...
Oil prices are starting to gush higher. Last trading at $76.57, we believe oil could soon retest $80 to $85 a barrel. All thanks to cold weather, supply concerns, and Russian sanctions. “The sanctions target Russian oil companies Gazprom Neft and Surgutneftegas...
Fear will lead to opportunity in quantum computing stocks. On Wednesday, stocks like Rigetti Computing (RGTI) plummeted about $9 a share. Ionq (IONQ) dropped about $21 a share. The Defiance Quantum ETF (QTUM) fell about $5 a share. All after Nvidia CEO Jensen Huang...
The artificial intelligence story is just heating up. In fact, according to Jensen Huang, founder and CEO of NVIDIA, “AI will be mainstream in every application for every industry. Placing an AI supercomputer on the desks of every data scientist, AI researcher...
Advanced Micro Devices (AMD) has been explosive, too. At CES 2025, AMD announced its new Ryzen AI Max, additional Ryzen AI 300, and Ryzen AI 200 central processing units (CPUs) for AI PCs, as well as high-powered chips for gaming desktops and laptops and handheld...
by Ian Cooper If you’re looking for safety, diversification and yield in a crazed market, keep an eye on the Vanguard S&P 500 Growth ETF (VOOG). After returning about 23% in 2024, which is double its annual gain of 10.6%, it’s expected to do even better this year....
Carvana (CVNA) just dropped about $16 a share. All thanks to a bearish report from the short sellers at Hindenburg Research, which says the CVNA pullback is a “mirage” propped up by unstable loans and accounting issues. Hindenburg says it uncovered $800 million in...
Keep an eye on Nvidia (NVDA). After consolidating at around $135, the tech giant is starting to break higher. Last trading at $144.47, we’d like to see an initial retest of $152.88. From there, we’re looking for a test of $160. Helping, analysts at Bank of America...
Every year, one of the best strategies is the Dogs of the Dow. You simply buy a basket of underperformers on the Dow that pay dividends, and sell by the end of the year. While the 2024 Dogs of the Dow didn’t do so well, you still had the opportunity to collect...
Keep an eye on oversold shares of Microsoft (MSFT). After falling from about $455 to $421.50, the tech giant has become oversold at its 200-day moving average. It’s also over-extended on RSI, MACD and Williams’ %R. From $421.50, we’d like to see an initial retest of...