Roblox (RBLX) is a bit overbought at the moment. So, we’d wait for a healthy near-term pullback. Longer-term, it’s a standout opportunity. Since bottoming out at around $38 in October, it’s now up to $60.81. Helping, Morgan Stanley just upgraded the RBLX stock to...
With the holidays just weeks away, keep an eye on Amazon (AMZN), we said in late November. At the time, after gapping from about $215 to $200, the stock appeared to have caught strong support again and could easily refill its gap immediate term, we added. Plus,...
It’s been smooth sailing for cruise stocks. Look at Royal Caribbean (RCL) and Carnival (CCL), for example. Both have been soaring on demand. And while both could see near-term healthy profit taking, both could rally even higher over the long-term. Even Norwegian...
by Ian Cooper Some of the best opportunities can be found in cruise stocks. In fact, as we said at the end of October, there’s big opportunity in them all thanks to substantial, growing interest in what many say is the ultimate vacation. As noted by CNBC, “The demand...
Billionaires are jumping into Bitcoin ETFs like the iShares Bitcoin Trust (IBIT). That includes Israel Englander, who picked up about 10.9 million shares of the ETF. David Shaw’s DE Shaw bought 2.6 million shares. Steven Cohen’s Point72 bought 1.7 million. All of...
On November 13, we noted, “After finding support at $220, Apple is attempting to push higher. From its last traded price of $224.23, we’d like to see it initially retest $235. Helping, analysts at Evercore ISI just reiterated Apple’s outperform rating.” At the moment,...
With Bitcoin exploding higher, so is MicroStrategy (MSTR). As we said on October 8, “While you can always buy Bitcoin directly, you can also buy Bitcoin-related stocks, like MicroStrategy (MSTR). What makes it really exciting is its 252,220 Bitcoin holdings – which...
Rare earth stocks are on the move. All after the Biden Administration banned exports of high-bandwidth memory chips (HBM) used in artificial intelligence applications. As noted by Reuters, “The move is one of the Biden administration's last large-scale efforts to...
Keep an eye on Nvidia (NVDA). After dropping from about $153 to $131.80, the tech giant caught strong support just under its 50-day moving average and starting to pivot higher. It’s also starting to pivot from an over-extension on Williams’ %R and could easily retest...
by Ian Cooper One of the best ways to build wealth is with dividend stocks, especially those that will pay you every month just to hold a position. Look at Realty Income (O), for example. With a yield of 5.38%, the real estate investment trust (REIT) has been paying...