While the buzz from the top is that the banking crisis is under control, traders still have the jitters and are on a hair trigger to sell. Just as can happen with stocks that get pushed out of whack by big headlines, the indexes are all over the place. There is an...
Markets are a chaotic mess. All after Credit Suisse added to the financial chaos. In fact, according to CNBC, Saudi National Bank, Credit Suisse’s largest investor, said Wednesday it could not provide any more funding, according to a Reuters report. This comes after...
When we first started talking about the opportunity with AMD, we said: “Advanced Micro Devices (AMD) is on the move, as hoped. The last time we mentioned the stock, it traded at $66.67. We also mentioned, AMD could potentially test $75 a share, near-term. ...
by Ian Cooper One of the best ways to make money is by trading fear – just like famed investors have done. Warren Buffett says that a “climate of fear is your friend when investing; a euphoric world is your enemy.” Even Baron Rothschild once told investors, “The time...
The Financial Select Sector SPDR Fund(XLF) isn’t having the best of days. All thanks to the collapse of the Silicon Valley Bank. But you may want to put it on your buy screen anyway, as a potential contrarian bet. Once the crisis is priced in, the XLF ETF should...
With a potential March Madness-bump coming, keep an eye on beaten down shares of Domino’s Pizza (DPZ). Sure, company sales just fell short of expectations. And it did trim financial forecasts, however, it did just raise its quarterly dividend...
The last time we spoke about Advanced Micro Devices, we noted: “Advanced Micro Devices (AMD) is on the move, as hoped. The last time we mentioned the stock, it traded at $66.67. We also mentioned, AMD could potentially test $75 a share, near-term. Helping, Wells...
Keep an eye on Okta (OKTA), we said on March 3. At the time, the stock traded around $81 after Cowen analysts upgraded the stock to an outperform rating from market perform, with a $70 price target. Better, the company had just posted better-than-expected results and...
Beaten down shares of Intel (INTC) are showing signs of life. After catching support dating back to late 2022, the stock is starting to bounce. Helping, CEO Pat Gelsinger just bought another 9,700 shares for $250,000 at an average price of $25.68. According to...
by Ian Cooper One of the hottest stories of 2023 is artificial intelligence. For one, according to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. Two, Bank of America says AI is on the brink of...