Broadcom (AVGO) posted strong earnings but plummeted $13 a share. All thanks to guidance for the current quarter. Revenue jumped 47% to $13.07 billion, which was above expectations of $12.97 billion. Adjusted EPS of $1.24, up 18% year over year, beat estimates by four...
Nvidia (NVDA) is looking interesting again. After plummeting from about $130 to $106.21, the tech giant has become technically oversold. It’s also over-extended on RSI, MACD and Williams’ %R. Helping, Bank of America just reiterated NVDA as a buy with a price target...
If you see an insider picking up a good amount of stock, dig into it. After all, it’s the insiders who know their company the best. And if they’re putting their money where their mouth is, look into it. VFC Corp. (VFC), the parent company of North Face, just saw Chair...
Gold prices could see higher highs. Last trading at $2,472, gold could easily test $2,700 this year, and possibly $3,000 by next year, according to analysts at Citi. Not only is the potential for interest rate cuts driving gold higher, but so is uncertainty with...
by Ian Cooper The World Health Organization (WHO) just declared Mpox a global public health emergency for the second time following an outbreak in the Democratic Republic of Congo to other countries. As noted by CNBC, “Health officials are raising...
On August 14, we said, “Keep an eye on oversold shares of Dell (DELL). After plunging from about $150 to just under $90, the oversold tech stock is starting to pivot higher. It’s also starting to pivot from over-extensions on RSI, MACD and Williams’ %R. From its last...
by Ian Cooper With chaos in the Middle East, oil prices are starting to gush higher. Last trading at $77.18, crude could easily run back to $80 depending on the severity of the escalating issues between Israel and Hezbollah. Not helping, Libya just said oil production...
Keep an eye on Energy Transfer (ET), which owns and operates natural gas transportation pipelines, and natural gas storage facilities in Texas and Oklahoma. For one, according to Insider Monkey, “Analyst Steven Fiorillo notes that Energy Transfer may still be...
On August 21, we said, “With Bitcoin starting to regain momentum, keep an eye on MicroStrategy (MSTR). That’s because as BTC pushes higher, MSTR will typically follow, especially with the company now in possession of 226,500 BTC as of June. Last trading at $133.69,...
Keep an eye on rebounding shares of SentinelOne (S). After finding strong support at around $20, the cybersecurity stock is just starting to pivot higher. If it can break above resistance at around $24.56, it could retest $30 shortly. Helping, Wells Fargo just...