With the holidays just weeks away, keep an eye on Amazon (AMZN). For one, after gapping from about $215 to $200, the stock appears to have caught strong support again and could easily refill its gap immediate term. Two, in most years, Amazon is a no-brainer stock...
by Ian Cooper With Bitcoin regaining momentum, it’s time to buy oversold Bitcoin stocks again. Even as the broader market drops, Bitcoin tacked on another $2,275 on Friday, bringing the digital currency to $89,543. Analysts now argue it could see $100,000 by...
Uranium stocks, like Cameco Corp. (CCJ) have been explosive. All thanks to the energy-intensive demands of data centers and artificial intelligence. Microsoft, for example, reached a deal with Constellation Energy to reopen Three Mile Island to power its data centers...
With the holiday shopping season underway, Amazon should be the top beneficiary. For one, according to eMarketer, U.S. holiday sales are expected to accelerate. “Total US retail sales for November and December 2024 will increase by a healthy 4.8% YoY to reach...
Keep an eye on Apple (AAPL). After finding support at $220, the tech giant 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,...
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...
by Ian Cooper With Donald Trump taking office in January, investors may want to jump into stocks that exploded higher the last time he took office. That includes tech giants like Nvidia (NVDA). Between November 2016 and November 2020, NVDA ran from about $1.70,...
With Donald Trump winning the election, Bitcoin has been explosive. In fact, since the election, the digital currency ran from $69,384 to a recent high of $82,371 From here, analysts argue it could rally to $100,000. As noted by CNBC, James Butterfill, head of...
Keep an eye on Advanced Micro Devices (AMD). Oversold at $145, it’s just starting to pivot higher after finding strong support at $140. It’s also starting to pivot from overextensions on RSI, MACD and Williams’ %R. From $145, we’d like to see AMD initially refill its...
With Donald Trump back in the White House, cryptocurrencies are exploding. On Wednesday morning, Bitcoin hit an all-time high, tacking on more than $4,400 of value. And it could easily rally even more with Trump Administration support. Remember, Donald Trump and...