Meta Platforms (META) was crushed the other day on ad spending in the fourth quarter. However, it now appears the pullback is a bit overdone. Even analysts like Wedbush Securities’ Dan Ives see the pullback as an opportunity, noting, “I believe this tech sell-off...
Oversold shares of American Express (AXP) look interesting. For one, the AXP stock is technically oversold at support dating back to late 2022, early 2023. It’s also technically stretched on RSI, MACD, and Williams’ %R, and appears overdue for a bounce back. Two,...
Many times, when Occidental Petroleum dips, Warren Buffett’s Berkshire Hathaway will buy. In fact, the firm just bought another 3.9 million shares, increasing its stake to 228 million shares, which is worth about $14.5 billion. That now gives Buffett a 25.8% stake in...
One of the best ways to protect your portfolio and generate income in tough times is with solid, dividend-paying stocks. Look at beaten-down shares of Target (TGT) for example. Not only is it likely to benefit from back-to-school sales, but also holiday sales. Plus,...
Beaten-down shares of Nvidia (NVDA) look interesting at triple-bottom support dating back to late June. Each time it tests this support line, it seems to bounce, as it’s starting to do again now. NVDA is also starting to pivot from over-extensions on RSI, MACD, and...
On Oct. 22, we noted, “Bitcoin is pushing higher again. In fact, it’s nearing $30,000 again and could see higher highs. All on hope a spot Bitcoin ETF will be approved soon, which would further legitimize the coin and attract new investment dollars from retail and...
by Ian Cooper Love it or hate it, consider Bitcoin. The best part – you can invest in it without investing directly in it. At the moment, the digital currency is again nearing $30,000. All on speculation we could soon see a spot Bitcoin ETF. Helping, according to...
Keep an eye on MicroStrategy (MSTR). For one, after dropping from about $480 to a low of $307, the MSTR stock is starting to pivot higher again. Two, it’s pivoting from over-extensions on RSI, MACD, and Williams’ %R. And three, with Bitcoin showing signs of...
Bitcoin is pushing higher again. In fact, it’s nearing $30,000 again and could see higher highs. All on hope a spot Bitcoin ETF will be approved soon, which would further legitimize the coin and attract new investment dollars from retail and institutional...
Keep an eye on First Solar (FSLR). After a recent pullback, JP Morgan believes it offers an attractive entry point. In fact, they note, “We believe the recent pullback tilts risk-reward favorably for a company that has the best visibility into medium-term growth...