Oil stocks, like Exxon Mobil (XOM), could push even higher. All as oil prices continue to gush higher. Last trading at $80.80, oil could approach $90 on a few key catalysts. For one, according to the International Energy Agency (IEA), we’ll see a slight supply deficit...
Keep an eye on Nike (NKE). After slipping from about $105 to $97.50, the stock appears to have bottomed out and is just starting to pivot. It’s also showing signs of bottoming out on RSI, MACD, and Williams’ %R, and could retest resistance around $105 again shortly....
Keep an eye on Viking Therapeutics (VKTX) again. The first time we mentioned VKTX here, it traded at around $36.20. Weeks later, it would rally to about $100 on obesity drug trial data. Now, after pulling back on a competitor’s obesity trial data, it appears the stock...
Lithium stocks, like Albemarle (ALB) are still coming back strong. All on speculation that lithium prices may finally be bottoming out. Helping, SQM CEO Ricardo Ramos expects lithium prices to remain stable this year, and for sales volumes to improve. Even better,...
by Ian Cooper There’s growing speculation lithium prices are finally bottoming out. Sociedad y Quimica CEO Ricardo Ramos expects for lithium prices to remain stable this year, and for sales volumes to improve. Pilbara even said it’s seeing buying interest again,...
Palo Alto Networks (PANW) may be ready to bounce higher again. When it first pulled back, it plummeted from about $360 to $260 on poor guidance. It also became technically oversold on RSI, MACD, and Williams’ %R. Shortly after, it would bounce from $260 to about $322...
Gold is now up to $2,178.80 and could see higher highs. For one, investors are jumping into the safe havens of gold for protection against economic and geopolitical chaos. Two, gold demand is expected to hit another record this year, as central banks continue to buy...
Over the last few weeks, shares of EVgo (EVGO) ran from a low of about $2 to a high of $3.37. All after posting strong sales growth and solid guidance. For its fourth quarter, the company posted sales of $50 million, as compared to the $27.3 million posted a...
Keep an eye on Realty Income – “The Monthly Dividend Company.” Not only is the real estate investment trust (REIT) oversold at the moment, but as we wait for it to recover, we can collect its current monthly yield of 5.89%. In February, the company declared the...
by Ian Cooper Bitcoin just hit an all-time high of $69,000. And was met with selling pressure, which is to be expected. Most times, when an asset explodes like BTC has, you’ll want to protect some of what you have. It’s a safe, smart move. We strongly believe Bitcoin...