Markets have been a disaster. Fear is mounting. Trade wars are intensifying. There are fears of more tariffs, inflation, and even a potential recession. However, after a massive 3,000-point drop in the Dow Jones, a good deal of tension is priced into the market. Plus,...
Microsoft (MSFT) has become unbelievably oversold at support dating back to early 2024. It’s also over-extended on RSI, MACD, Williams’ %R and Full Stochastics. From its current price of $380.45, we’d like to see the tech giant retest $400 again initially. From there,...
Keep an eye on the stretched Volatility Index (VIX). It’s now at its second highest point over the last year. It’s also stretched on RSI, MACD and Williams’ %R. Also, historically, when the VIX gets this hot and stretched, it will reverse and pivot not long after. And...
by Ian Cooper If you’re looking for a solid investment that will protect your portfolio from excessive volatility and generate income, you may want to jump into real estate investment trusts, or REITs. For one, real estate serves as a hedge against inflation. That’s...
Keep an eye on rebounding shares of Akamai Technologies (AKAM). After gapping from about $102.50 to a low of $75.60, AKAM is just starting to pivot higher. Last trading at $87.52, we’d like to see the stock refill its bearish gap at around $97.50 initially. Helping,...
Always keep an eye on analyst upgrades, we often say. Just be sure to do your own due diligence before taking their advice. After all, they’re not always right. And the last thing you want to do is blindly buy because a firm suggests it. Look at Wayfair (W)....
If you’re looking for a solid investment to protect your portfolio from excessive volatility and generate income, you may want to jump into real estate investment trusts or REITs. For one, real estate serves as a hedge against inflation. ...
Keep an eye on oversold shares of Arista Networks (ANET). After slipping from about $133.57 to $85.52, the stock has become excessively oversold. It’s also over-extended on RSI, MACD, and Williams’ %R. From its current price of $85.52, we’d like to see it...
With Spring just around the corner, keep an eye on lawn stock like Scotts Miracle-Gro (SMG). Oversold at $55.92, SMG could see near-term upside, according to analysts at Stifel. The firm just upgraded SMG to a buy with a price target of $78 a share, noting that...
by Ian Cooper With March Madness just a few short weeks ahead, investors may want to bet on gambling stocks again, just as many did with the Super Bowl. In 2024, it was estimated that just under $3 billion was wagered on the game. This year could see about the same,...