Five years ago, the stock we are about to discuss was trading pretty much where it sits today. Between then and now, though, it’s plunged in value by 75% during the COVID era, and rallied 10x from those lows before losing about 75% again to trade close to where it’s at today.
With all that volatility,
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Health services IT company TRxADE HEALTH, Inc. (NASDAQ:MEDS) played a vital role during the pandemic, making remote care and tests available to patients with its digital healthcare wing. While the effects of the pandemic are largely in the rearview mirror, TRxADE remains a prominent player in the pharmaceutical industry.
If following smart money translates to making money, now might well be the time for one company to start bouncing substantially. That’s because not only is one big money investor snapping up shares but a whole plethora of them are, and they are doing so collectively for the first time in about 3 years.
The stock in question is payments leaders,
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The problem with thinking is the risk of overthinking. At least that’s the case when it comes to gold. A few weeks ago when gold broke out, some traders were paralyzed by analytical disbelief. How could gold break out now?
Traditional analysis says quantitative easing and increased money supply should lead to higher gold prices.
In stunning news announced earlier this week, Apple revealed that it is looking to partner with Alphabet to allow Google’s Gemini to power iPhone AI features.
The announcement was stunning on numerous counts. Notably, both stocks ended the trading higher on the news. That fact alone suggests that the market interprets the deal to be a win-win.
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IT solutions provider CSP Inc. (CSPI) has been thriving this year, making significant strides in its cybersecurity business. But does it have more room to run?
While CSP is not a pure-play cybersecurity stock and provides different IT services and solutions, the stock is enjoying a lot of investor attention at the moment,
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When the champion of the trading world speaks, it behoves us to listen to him. A month or so ago, the 2020 trading champion made his views clear on Tesla: avoid it, was the takeaway.
At the time, he humbly commented that his two cents take was that the stock market had been in a 3-4 month rally but Tesla had gone straight down over that period,
Correlations are not causation but they can be helpful in spotting weird patterns that reveal where the market may be heading next. One such correlation pattern that has surfaced recently is that of the ratio between the DIA and QQQ.
One trader spotted that when the ratio, DIA/QQQ, hits a low, it has often preceded a correction in the QQQs.
Emerson Electric is a global technology and software provider with a remarkable record of consistently increasing dividends, but is the company generating enough cash to sustain its dividend and growth?
Emerson’s steady results, impressive business model, and conservative payout ratio have allowed it to increase its dividend for 67 years.
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Since the EV market still has a long way to go and the dynamics are evolving with each passing day, we examine Tesla and Rivian Automotive to see which one has the potential to deliver higher returns.
The pent-up demand for vehicles has created a resurgence in the global automobile market.