Keep an eye on oversold shares of Eli Lilly (LLY). The stock appears to have caught support after gapping from about $908 to $806.14. It’s also overextended on RSI, MACD and Williams’ %R. From its last traded price of $806.14, we’d like to see it initially refill its...
by Ian Cooper With markets dropping on earnings and uncertainty over the election, volatility is spiking. Late last week, the Volatility Index (VIX) jumped to a high of 21.44, where it’s now becoming over-extended. In fact, as we’ve seen two times before, when the VIX...
On October 31, we said Viking Therapeutics (VKTX) was a solid opportunity. Especially as the company was set to jump into Obesity Week where the company was presenting results from its Phase 2 VENTURE clinical trial with its subcutaneous formulation of VK2735....
In early October, we said, “Technically, Dell is oversold after dropping from $127 to $113.46, where it appears to have found strong support. From here, we’d like to see Dell retest $127 again initially.” At the time, the tech stock traded at around $117. Today, Dell...
In just a few days, Obesity Week 2024 will kick off in San Antonio, Texas.The “preeminent international conference for obesity researchers and clinicians, Obesity Week is home to the latest developments in evidence-based obesity science: cutting-edge basic and...
by Ian Cooper It’s not tax time just yet. But it doesn’t hurt to start investing in related stocks a bit early. Far too many of us are unwilling to do our own taxes, so we leave it up to trusted tax professionals. That way we don’t make mistakes with filing status,...
On October 24, we said, “Keep an eye on overbought shares of McDonald’s (MCD). Not only is it technically stretched on RSI, MACD and Williams’ %R, but it’s also slipping on news an E. coli outbreak has been linked to its quarter pounders. All of which could send the...
On October 10, we noted, “Keep an eye on UPS. After pulling back from about $137 to $130.96, it appears to have caught strong support. Plus, as noted by analysts at Citi, the dip is a buy opportunity. With a yield of about 5% and the holidays just around the...
Keep an eye on overbought shares of McDonald’s (MCD). Not only is it technically stretched on RSI, MACD and Williams’ %R, but it’s also slipping on news an E. coli outbreak has been linked to its quarter pounders. All of which could send the stock significantly lower...
One of the best ways to retire rich is by investing in dividend stocks. In doing so, you need to aggressively invest in high-yielding stocks and reinvest the dividends continuously until you consider retirement. After all, each reinvested dividend payout buys you more...