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...
by Ian Cooper At the age of 94, Warren Buffett is now worth more than $143 billion. So, when he buys what he considers to be a bargain, you may want to jump in too. Here’s where the billionaire has been investing most recently. Occidental Petroleum (OXY) As expected...
One of the most inexpensive artificial intelligence stocks to buy is SoundHound AI (SOUN), we said on May 14, 2024. This is the company that provides voice control and audio analytics software to automakers, drive-through restaurants, and other businesses with...
Quantum computing stocks, like Quantum Computing (QUBT) could see higher highs. If you’re new to quantum computing, it may be able to help solve problems far too complex for typical computers within minutes, or even seconds. It could even be used to discover new...
by Ian Cooper Quantum computing stocks could see higher highs. If you’re new to quantum computing, it may be able to help solve problems far too complex for typical computers within minutes, or even seconds. It could even be used to discover new drugs, quicker than...
Keep an eye on oversold shares of Marathon Petroleum (MPC). With the recent pullback in oil prices, MPC just pulled back to a 2023 low and has become wildly oversold on RSI, MACD and Williams’ %R. From its current price of $135.06, we’d like to see MPC retest $160...
The Russia-Ukraine war could get worse. For one, “A general in charge of Vladimir Putin’s nuclear troops has been killed by a bomb planted inside an electric scooter by Ukraine’s secret services, sources have confirmed. Lieutenant General Igor Kirillov and his...