Investors may want to prepare as if it were 1929, 2000, or even 2008. That’s because today’s market is eerily similar. Right now, the Dow Jones, the NASDAQ, and the S&P 500 are at all-time highs. All as investor optimism soars, sending valuations to unbelievable,...
Over the last few weeks, gambling stock, like DraftKings (DKNG) plummeted. For one, DKNG has seen recent selling pressure with underwhelming earnings. In its third quarter, DKNG’s revenue of $1.14 billion fell short of estimates of $1.2 billion. Its EPS loss of 52...
Keep an eye on oversold shares of Lithium Americas (LAC). Last trading just under $5 a share, it’s now oversold and starting to reverse higher on RSI, MACD, and Williams’ %R. From here, we’d like to see it initially retest $7.50. Fueling upside, Li Liangbin, chairman...
Fear is getting out of hand. Right now, markets are overreacting to fears of a potential AI bubble, and on fears the Federal Reserve may not cut rates again this year, with lower odds of a cut. In fact, traders are now pricing in a 52% chance we’ll see a quarter-point...
by Ian Cooper Uranium stocks could benefit from two key catalysts. One, the Trump Administration just expanded its critical minerals list to include uranium in an effort to strengthen domestic supply and reduce reliance on foreign sources. As noted by Investing News,...
The U.S. and China hit pause on the rare earth issue. But things could spiral out of control again. That’s because China now wants to prevent the U.S. military from getting its rare earth supply. As noted by CNBC, “Beijing will not allow the export of rare earth...
More Americans are renting again. In fact, as noted by Fortune.com, “For the first time since 2016, America’s homeownership rate has tipped into negative territory, signaling a subtle but profound shift in the nation’s housing dynamics, Redfin reports in its...
Oversold shares of Nike (NKE) are starting to pivot higher. After catching support around $60, it’s also starting to pivot from overextensions in RSI, MACD, and Williams’ %R. From its last traded price of $64.20, we’d like to see Nike closer to $70 initially. Analysts...
AT&T has become an oversold opportunity. Over the last few weeks, the telecom giant took a hit on “overblown” concerns about the battle for mobile phone subscribers. However, the company did manage to cool some of those worries after reporting better than expected...
One of the most successful investors is Warren Buffett. At the age of 95, he’s now worth about $149 billion. Typically, when Buffett or Berkshire Hathaway buys a stock, it can lead to increased investor confidence and potentially higher stock prices due to...