1 Top Trader Just Bought Netflix
Is Netflix breaking out? If you are to believe Mark Minervini, a renowned trader with a very successful track record, the answer is yes, but there’s more to the story than meets the eye.
First let’s take a look out at the chart highlighting the recent breakout above resistance of Netflix. As you can see a few days ago the share price peeked above resistance, » Read more about: 1 Top Trader Just Bought Netflix »
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The ONLY Investing Rule That Matters
Yesterday the market fell as the Fed hiked rates, and more importantly signaled that it would continue to do so for longer than originally expected. But you might be surprised to discover this market reaction was highly unusual for 2022.
We’ll get back to the market in a moment but first, a quick throwback.
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Red Hot Robinhood Stocks Buffett Bets Big On
Buffett is no stranger to billion dollar bets. Despite how the market has been this year, his strategy has not changed. If anything, Buffett has been investing more aggressively by taking advantage of plummeting stock prices.
In the past, Buffett has been critical of Robinhood (HOOD),
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5 Reasons Buffett Bet Big On Fast Growth Stock
Snowflake (SNOW), a data warehouse built for the cloud, is a fully managed software service that offers a pay-as-you-go pricing model. Snowflake’s architecture handles all types of data, including structured, semi-structured, and unstructured data.
With the world rapidly changing to online data, Snowflake has been able to adapt to this change and provide its services through the internet.
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Time to Buy Black Gold?
In spite of recent volatility, energy stocks have historically provided strong returns during periods of crude oil price recovery. With crude oil prices nearing the lower end of their range and a bullish shift in fundamentals, is now the time to begin long positions in the energy sector?
Crude oil is approaching the $70 per barrel mark,
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Read MoreThe Ivy
100 Worst Performing Stocks, But 1 Is a Buy?
In a list of the worst performing NASDAQ 100 stocks this year, Intel ranks about as poorly as any. Even after its monumental selloff, analysts only see upside to $26 per share.
But there is another stock on the list that may be a bit more interesting for bulls. If our analysis is right,
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Read MoreThe Spotlight
Spotlight: Dine On Steak After This Brazilian Breakout
Rates are going up everywhere, at least that’s what the financial press would have you believe. On July 26, Federal Reserve Chairman Jerome Powell oversaw a rate hike that placed interest rates at 22 year highs, pegging them at 5.25-5.50%.
The market had largely priced in the rate hike and so the S&P 500 fell just 0.17% on the day.
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Read MoreThe Daily
Canucks ‘keeping options open’ when it comes to trading Elias Pettersson
While the Vancouver Canucks’ 2024-25 season might be over, that doesn’t mean the conversation about one of their best players is dying down. During the team’s media availability on Monday, general …
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