Over the last few days, shares of New York Community Bancorp (NYCB) gapped from about $10.45 to a low of $3.60. All after getting beaten down by a write-down on commercial real estate loans, and a dividend cut. However, insiders are quickly buying up the battered...
Bitcoin is attempting to push higher. All thanks to a potential pre-halving rally. As noted by DailyHodl.com, “Historical data suggests that Bitcoin’s price action tends to go through five stages based on its halving, an event when the issuance of new BTC to...
Take a look at beaten-down shares of Tesla (TSLA). After gapping from about $210 to less than $180, the stock appears to have bottomed out. From its current price of $185.10, we’d like to see it initially refill its bearish gap at $210. Helping, Cathie...
Oversold shares of BP (BP) are bouncing back. All after the company announced plans to boost shareholder returns. Not only did it announce intentions to execute a$1.75 billon buyback ahead of first quarter earnings, it also said it was committed to a $3.5 billion...
by Ian Cooper Some of the most explosive opportunities can still be found in tech stocks this year, we said on January 10. Those included: Apple (AAPL) Morgan Stanley also believes Apple’s weakness was an opportunity. The firm noted, “While near-term Product demand...
The last time we highlighted opportunity in Nvidia (NVDA), it traded at $531.40 on Jan. 9. At the time, we noted, “The company recently made several big announcements at CES 2024, which included new chips for generative AI, PCs, gaming, and newer partnerships. NVDA...
Keep an eye on Apple (AAPL). At the moment, the tech giant is sitting at triple-bottom support and could push aggressively higher with patience. While it did pull back on weak guidance, analysts at Morgan Stanley advised investors to buy it after the earnings...
Demand for nuclear energy is coming back strong. In fact, with the global community intensifying its fight against climate change, nuclear energy is quickly emerging as a promising pathway to help solve the issue. Unfortunately, according to some analysts, there may...
by Ian Cooper Over the last few days, President Biden unveiled about $5 billion in infrastructure projects. According to CBS News, that includes “37 major infrastructure projects throughout the country across at least 12 states, with much of the funding going toward...
Tesla (TSLA) is starting to pivot higher from strong support and over-extensions on RSI, MACD, and Williams’ %R. A good number of analysts recently downgraded the EV stock, but it appears a great deal of negativity has been priced into the stock. From a current price...