Always keep an eye on stock buybacks. Most of them increase shareholder value by reducing the total number of outstanding shares, which then increases the value of a stock. Essentially, it’s a company’s way of reinvesting in itself and rewarding...
Keep an eye on Microsoft (MSFT). It's wildly oversold at double bottom support dating back to August. It's also over-extended on RSI, MACD, Williams' %R and Full Stochastics. In addition, according to the company, its $80 billion in planned spending on data...
Oversold, C3.AI (AI) is an attractive opportunity on its latest pullback. While it’s currently a falling knife, the drop is overdone at this point, oversold on RSI, MACD and Williams’ %R. Helping, earnings were solid with the company posting an EPS loss of six...
by Ian Cooper One of the best ways to protect your portfolio from market volatility and generate income is by buying reputable dividend stocks. In fact, here are a few you may want to consider. Coca-Cola (KO) With a yield of 2.86%, Coca-Cola (KO) is one to buy and...
It’s always a good idea to keep track of insider buying. After all, it’s the insiders who know their company the best. And if they’re putting their money where their mouths are, there’s usually a reason for it. Look at Oracle (ORCL), for example. With Oracle starting...
There’s been a lot of talk about going back to the moon, even to Mars. In fact, according to Elon Musk it could happen within four years. He also says we could be living in a self-sustaining city on the red planet in the next 20 years. Whether you believe it...
Keep an eye on Microsoft (MSFT). Oversold at $413.94, the tech giant is sitting at strong support dating back to August. It’s also oversold on RSI, MACD and Williams’ %R. Plus, since August, every time MSFT tests this support line, the stock jumps shortly after. We...
Just last week, we mentioned that Warren Buffett’s Berkshire Hathaway just bought more shares of Occidental Petroleum (OXY). In fact, after OXY pulled back about 30% from its high, the firm picked up another 763,017 shares for just over $35.7 million. That follows the...
by Ian Cooper Oversold shares of Tesla (TSLA) are just starting to pivot higher. For one, the electric vehicle stock just caught strong support, and is starting to push higher from over-extensions on relative strength (RSI), MACD and Williams’ %R. Moving forward, we...
On January 15, we noted, “DraftKings stock saw a bump ahead of the Super Bowl over the last few years. In 2024, DKNG ran from a January low of about $32 to a high of $45.62 after the game. We expect to see more of the same ahead of the 2025 game, too.” At the...