From Ian Cooper With schools back in session in just weeks, it’s time to jump into back-to-school retailers, like Target Corp. (TGT). At the moment, TGT is still wildly oversold at $157. it’s also starting to pivot higher from over-extensions on RSI, MACD, and Money...
From Ian Cooper Inflation is showing no signs of cooling. Consumer prices soared 9.1% in June, year over year – its fastest pace since 1981, and well above expectations for 8.8%. According to CNBC, “Excluding volatile food and energy prices, so-called core...
From Ian Cooper Cannabis stocks could see higher highs. For one, Senate Democrats says they’ll introduce a decriminalization bill this week. “Majority Leader Chuck Schumer worked with Senators Cory Booker of New Jersey and Ron Wyden of Oregon on the measure. The...
From Ian Cooper In just weeks, school is back in session. That means that it’s time to buy popular school stocks, such as Target (TGT), Walmart (WMT), and Apple (AAPL). According to Morning Consult, “Since early May, the share of back-to-school shoppers planning...
From Ian Cooper Markets are getting rocked. Traders are running to the exits. Inflation is only getting worse. Fears of recession are mounting. Your average American consumer is struggling. “Concerns about economic growth are hanging over investors as the U.S. market...
From Ian Cooper One of the best ways to make money is by trading fear. In fact, we’re seeing plenty of that in the tech sector these days, which is creating impressive opportunities. Here are five to consider. Advanced Micro Devices (AMD) One of the best tech stocks...
By Ian Cooper With oil prices set to gush higher, consider these oversold ideas. Oil “will likely rise, topping $150 per barrel by the end of September – a price that hasn’t been seen since 2008. Short of imposing an economic recession or mandating major cuts to...
With oil prices gushing higher again, keep an eye on Exxon Mobil (XOM). The stock is now oversold on RSI, MACD, and Williams’ %R, and just caught support dating back to May 2022. From here, XOM could bounce from its current price of $87,55, and potentially test...
Keep an eye on Chewy Inc. (CHWY). After bottoming out around $24, the stock is now up to $38. Now, if it can break above prior resistance around $40, it could see $50, near-term. One of the top reasons for the move is that it’s recession resistant, says Needham...
Panic has returned to the market. The major indices are slipping on inflationary concerns, fears of recession, aggressive rate hikes, war in Ukraine, you name it. As a result, investors are panicked. They’re selling everything. Nowadays, if the...