Ten years ago if you told someone that a brain-machine interface would connect humans to machines you would have been at risk of earning a tin foil hat and being labeled a conspiracy theorist.
In today’s market, flows are key. One market analyst, Cem Karsan, related flows and fundamentals with the following analogy. He says that flows are like the wind, which can push a plane in any direction, while fundamentals are like the engine, which determines the plane’s long-term direction.
In the context of trading, flows are the money that is flowing into or out of a particular market.
» Read more about: Market Commentary: MAJOR Trend Change In T – 3, 2, 1… »
If you study technical analysis theory, two patterns rank among the most popular and successful: the head and shoulders pattern and the base and break. So to mix things up today, we scoured through hundreds of charts to find three stocks that could be on the verge of huge breakouts.
Investment Alert: Buy Climb Global Solutions (CLMB) Under $50/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Electric vehicle manufacturer, Canoo, has had a rough run lately. Over the past year it has slid from about $4.61 per share to $0.56 per share, essentially wiping out committed shareholders. But analysts consensus estimates suggest the company has over 500% upside to $3.56 per share to reach fair value.
Investment Alert: Buy SentinelOne (S) Under $16/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Interactive Brokers is a global brokerage firm that offers a wide range of investment services to retail and institutional investors. It is known for its low-cost trading and tech-heavy investment model. By leveraging software automation, it keep commissions very low, and offers services to a wide range of investors, including those who are on a budget.
» Read more about: Alert: 42% Upside on Global Brokerage Firm? »
When does the market top? Looking back at prior bubbles, one rule of thumb to internalize is “when price goes vertical, a top may be near”. If you’re the mathematical type, think of the angle of ascent that price takes. Usually, a bull market plods along, slow price rises push up against the Wall of Worry.
Investment Alert: Buy Option Care Health (OPCH) Under $25/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
