by Ian Cooper One of the best end-of-year strategies is the Dogs of the Dow. You simply buy 10 of the worst performing Dow stocks, which also carry dividends. By year end, you’ll cash out, and then play the next batch of Dogs of the Dow. In 2023: Verizon (VZ) – which...
Keep an eye on oversold shares of Exxon Mobil (XOM). After slipping with oil prices, the stock has become oversold at support. Helping, the company just boosted its stock buyback program to $20 billion a year. Better, while investors wait for a potential recovery in...
On December 11, we noted, “After failing at triple-top, Nvidia (NVDA) found strong support. At its 50-day moving average, and is just starting to pivot higher. If it can break above its prior resistance around $497.92, it could easily break to higher highs above $500...
Solar stocks are expected to back strong in the new year. In fact, according to Bloomberg, “Electricity generated from US solar and wind systems will surpass power produced by burning coal for the first time next year, driven by surging panel installations....
Chart of Day: Take-Two Interactive (TTWO) Investors may want to keep an eye on Take-Two Interactive (TTWO) we said on Nov. 3. The gaming stock could push even higher, as millions of gamers wait for the release of Grand Theft Auto VI—one of the most anticipated game...
American Express (AXP) is still pushing even higher, as hoped. As we noted on Oct. 30, “Oversold shares of American Express (AXP) look interesting. For one, the AXP stock is technically oversold at support dating back to late 2022, or early 2023. It’s also technically...
by Ian Cooper One of the biggest comeback stories of the year has been Bitcoin. While the digital currency recently slipped, the run is far from over. Not only are traders still betting on a potential BTC ETF, but newer FOMO traders are coming in, too. From here, some...
Keep an eye on Microsoft (MSFT), where weakness could be a great opportunity. After dropping from $385, it’s been consolidating around $371.30. From here, we’d like to see it revisit that former higher shortly. Helping, it looks like Cathie Wood just raised her firm’s...
Keep an eye on Intel (INTC). After pulling back from double top resistance at $45 to $42.70, the tech stock appears to have caught strong support, and could potentially retest its prior high. Helping, analysts at Benchmark just raised their price target on INTC to $52...
After failing at triple-top, Nvidia (NVDA) found strong support. At its 50-day moving average, and is just starting to pivot higher. If it can break above its prior resistance around $497.92, it could easily break to higher highs above $500 a share near...