Keep an eye on the Volatility Index (VIX), we said on February 4. In fact, we highlighted opportunities in the: ProShares Ultra VIX Short-Term Futures ETF (UVXY) -- The ETF was designed to match two times (2x) the daily performance of the S&P...
Broadcom (AVGO) has become ridiculously oversold. Now sitting at support dating back to early December, it’s also over-extended on RSI, MACD and Williams’ %R. From its last traded price of $171.32, we’d like to see it initially retest $190. Recent earnings have also...
With tariff fears, inflationary concerns a potential recession, and strong central bank buying, gold is at record highs above $3,100. From here, gold could rally to $3,500 says Bank of America. “Uncertainty around Trump Administration trade policies could continue...
by Ian Cooper With warmer weather, and more families planning vacations, investors may want to jump into oversold hotel stocks. According to IPX 1031, “As Americans enter 2025, travel remains a top priority. Our 2025 travel outlook report finds 92% of Americans are...
With warmer weather, and more families planning vacations, investors may want to jump into oversold hotel stocks. According to IPX 1031, “As Americans enter 2025, travel remains a top priority. Our 2025 travel outlook report finds 92% of Americans are planning...
Keep an eye on down, but not out shares of Walmart (WMT). After dropping from about $105 to a recent low of $85.15, WMT appears to have found strong support. It’s also over-extended on RSI, MACD and Williams’ %R. From its last traded price of $85.15, we’d like to see...
Oversold shares of Home Depot (HD) look interesting. After crumbling from about $420 to a low of about $345, HD appears to have finally found a bottom and is starting to pivot higher. It’s also pivoting from over-extensions on RSI, MACD and Williams’ %R. From its last...
It’s time to buy the dip in Cloudflare (NET). After plummeting from about $180 to a low of $111, the stock caught strong support and is just starting to pivot higher. It’s also starting to pivot from over-extensions on RSI, MACD and Williams’ %R. Last trading at...
On March 18, we noted that, “Palantir Technologies (PLTR) is coming back strong. After catching support at around $75, it’s now back up to $86.24. Now, if it can break above its 50-day moving average, we’d like to see it retest $100 initially. It’s also starting to...
by Ian Cooper Insiders are actively buying beaten-down stocks. “While stocks were getting hammered into a brief correction last week, driving the S&P 500 Index to erase some $5 trillion in equity value, corporate insiders returned to buy the dip. A gauge of...