Generac Holdings (GNRC) is pushing higher, as hoped. Back on June 22, we noted, “GNRC has a history of turning higher in most hurricane seasons and heat waves. That’s because demand for generators typically rises—especially if there are going to be power...
Since May, shares of Carnival (CCL) exploded higher. We spotted the move in April and wrote about it here. All thanks to strong seasonal demand for cruises. However, after nearly doubling, CCL is now technically stretched, and overdue for a healthy...
Take a look at MP Materials (MP), a rare earth company out of Nevada. China just said it would “enforce export restrictions on certain rare minerals essential for the production of semiconductor chips,” as noted by Street Insider. “Starting from August 1st, the...
by Ian Cooper Use any signs of weakness in the EV market as opportunity. For one, demand is accelerating. According to the International Energy Agency, about a fifth of all cars will be electric this year. Sales are expected to grow by 35% globally to 14 million...
This is getting too easy. On June 13, we noted, “Shares of Carvana (CVNA) are accelerating — and could see higher highs. All after the company said it now expects to achieve adjusted EBITDA above $50 million in the second quarter of 2023. DA Davidson, for example,...
Keep an eye on solar stocks, like First Solar (FSLR). After a recent pullback, FSLR just caught double-bottom support around $190. It’s also over-extended on RSI, MACD, and Williams’ %R, and is attempting to pivot higher. From a current price of...
On May 9, we said, “Palantir Technologies (PLTR) is gaining a good deal of momentum. All thanks to earnings, expectations for profitability, and artificial intelligence. In its latest quarter, the company posted an EPS of five cents, beating expectations for four...
On June 22, we noted, “GNRC has a history of turning higher in most hurricane seasons and heat waves. That’s because demand for generators typically rises—especially if there are going to be power outages. In 2020, it ran from about $125 to $363. In 2021,...
Take-Two Interactive (TTWO) could push even higher. All on the news the company could have a very profitable 2024, says the company, which hints that Grand Theft Auto VI will soon see the light of day. In fact, in a TTWO press release, it noted, “We believe that...
Keep an eye on beaten-down shares of Advance Auto Parts (AAP). The stock plummeted from about $110 to $65.67 on poor quarterly earnings. However, insiders recently bought $1.2 million worth of the stock in June alone at an average price of $65.51 a share. Company...