Keep an eye on Apple (AAPL). After diving from about $192.50 to $182.68, the stock is starting to pivot higher. For one, the tech giant is oversold on RSI, MACD, and Williams’ %R at its 200-day moving average. Two, analysts at Bank of America upgraded the stock to a...
The last time we highlighted opportunity in Nvidia (NVDA), it traded at $531.40 on Jan. 9. Today, it was up another $16.72 to $563.82. All after analysts at KeyBanc, which cited strong demand for AI chips by data centers, hiked their price target to $740 from...
by Ian Cooper Keep an eye on biotech M&A. Over the last few weeks, Merck said it would pay $680 million for Harpoon Therapeutics. Johnson & Johnson even said it would buy Ambrx Biopharma for $2 billion. Both come just weeks after Bristol Myers bought Karuna...
Billions of dollars will be bet on the Super Bowl again this year.According to the American Gaming Association, $7.61 billion was bet on the Super Bowl in 2021. In 2022, the AGA estimated that more than $8 billion would be wagered. In 2023, $16 billion was wagered....
Cannabis stocks could see higher highs. “Marijuana should be rescheduled as a Schedule III drug as the plant does appear to have medical uses and is less dangerous than other drugs, according to a just made public HHS document,” as noted by Seeking Alpha. “Addressing...
With the approval of a Bitcoin ETF, investors may want to keep an eye on The ProShares Bitcoin Strategy ETF (BITO). If you believe the value of BTC will push higher, you can invest in the Pro Shares Bitcoin Strategy ETF (BITO). With an expense ratio of 0.95%, the ETF...
FedEx (FDX) slipped from about $280 to $247.25 after missing on earnings and revenue. However, it appears the stock has bottomed out, currently consolidating around $247.25. It’s also oversold on RSI, MACD, and Williams’ %R. Helping, the company announced a $1 billion...
Shares of Nvidia (NVDA) were explosive this week. Helping, the company made several big announcements at CES 2024, which included new chips for generative AI, PCs, gaming, and newer partnerships. NVDA also announced its newest GeForce RTX graphics cards, which offer...
by Ian Cooper Some of the most explosive opportunities can still be found in tech stocks this year. In fact, here are three – with powerful catalysts – that could still double by year end. Apple (AAPL) Apple just announced its Apple Vision Pro will be available...
Gold should shine this year. Last trading at $2,045, it could potentially see $2,500 this year. All thanks to potential interest rate cuts from the Federal Reserve, rising geopolitical tension, and strong demand from central banks all over the world. For one, if the...