Over the last few days, shares of AMC Entertainment (AMC) soared from a low of $2.90 to a high of $11.88. All as “Roaring Kitty” sparked a flurry of meme stock buying activity. Roaring Kitty, or Keith Gill, Gill, “was immortalized in the 2023 film Dumb Money, is...
by Ian Cooper The artificial intelligence story has been explosive. Apple (AAPL) is reportedly nearing a deal with OpenAI to put ChatGPT on iPhones. In fact, as noted by Wedbush analyst Dan Ives: “They expect the OpenAI partnership to be formally unveiled at the...
On May 6, 2024, we highlighted an opportunity in Apple (AAPL). At the time, it traded at $181 a share. Today, it’s up to $185.76 and could push aggressively higher. We’d like to see AAPL initially retest $195. All on the news it may be considering a deal with OpenAI...
Shares of Disney (DIS) appear to be bottoming out. Not only is it holding support at $105.79, but it’s now a bit overextended on RSI, MACD, and Williams’ %R. From here, we’d like to see DIS initially refill its bearish gap at around $117. Helping, former Morgan...
Bitcoin could push aggressively higher this month on two key catalysts. One, according to CoinDesk.com, “May 15 marks the deadline for institutional investment managers to file form 13-F with the Securities and Exchange Commission. If more firms are shown to have...
On April 23, we noted, “Keep an eye on Royal Caribbean (RCL). After a recent pullback, the cruise stock is oversold on RSI, MACD, and Williams’ %R. It also just caught support at its 50-day moving average and is starting to pivot higher.” At the time, RCL traded at...
On April 28, we noted, “Keep an eye on solar stocks, like First Solar (FSLR). Over the last few days, President Biden unveiled a $7 billion grant for solar power under the Inflation Reduction Act.” At the time, FSLR traded at around $177. Today, it’s up to...
by Ian Cooper Keep an eye on hot uranium stocks, like Cameco (CCJ). After pulling back to about $47, Cameco just hit $50.73, and could test $60 shortly. That’s because, over the last few days, Congress passed the Russian uranium import ban, which now unlocks about...
Shares of Apple (AAPL) were up more than $10 a share on Friday. All thanks to earnings, and a historic $100 billion share buyback announcement. However, more upside is likely with two key Apple catalysts quickly nearing. For one, it will hold a key event on May...
On April 24, we noted, “After testing a high of $171.59 on GTA VI hype, Take-Two Interactive (TTWO) plummeted to a recent low of $138.93 on the game’s delay. Nowadays, with most of the negativity now priced in, oversold shares of TTWO are a bargain. Plus, it’s slowly...