Is Tesla Breaking Out?
When CEO Elon Musk reported Tesla’s latest earnings results this week, few were excited by the numbers.
In fact, the share price immediately fell off a cliff in after-hours trading to $356 per share but within minutes a sharp bounce back occurred and, in the virtual blink of an eye, the share price was back over $400 per share. » Read more about: Is Tesla Breaking Out? »
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Is It Time To Sell?
Knowing when to sell may feel like rocket science if you’re new to investing but it can be quite simple. While technicians may bamboozle you with indicators and fancy signals, the best traders in the world keep it straightforward.
Take for example one champion trader who went short the market recently. At a glance of a regular chart,
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Is This Little-Known Health Innovation The Next Big Thing?
It’s hard to find the next big thing but Exact Sciences might be as close as any company is to it via its liquid biopsies, a transformative approach to diagnosing and monitoring various diseases by detecting signs of cancer, genetic anomalies, or other conditions in blood or other bodily fluids.
This technology has been particularly promising for cancer,
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Airline Stocks Plummet Now, What’s The Best Play?
It’s a strange phenomenon that at this time of year the airline industry, which you might think sees an uptick in travel spending, actually sees share prices nosedive.
More specifically, the share prices of airlines goes down even as those companies tend to make more money in the coming months as travel demand spikes.
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Will New Buffett Buy 10x?
Last year, Warren Buffett surprised practically everyone when he acquired more than 30% of embattled internet radio giant Sirius XM (NASDAQ:SIRI).
At first, Buffett appeared to be taking advantage of an arbitrage opportunity, but subsequent purchases have suggested that the Oracle of Omaha is more interested in building a long-term position in Sirius XM.
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Read MoreThe Burst
Will Trump’s Energy Secretary Pick Drive Oklo Higher?
Oklo (NYSE: OKLO) shares surged over 18% Monday after President-elect Donald Trump named Liberty Energy CEO Chris Wright as his pick for Energy Secretary.
For Oklo investors, the selection carries special significance – Wright currently serves on Oklo’s board of directors, potentially giving the nuclear innovation company an influential ally in Washington just as it hits its stride with commercial deployments and new acquisitions.
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Read MoreThe Spotlight
Chipotle’s Sizzling Success Fueling Unstoppable Growth
Chipotle Mexican Grill continues to thrive in the fast-casual dining sector, surpassing expectations despite facing tough year-over-year revenue comparisons.
The burrito chain not only maintained its growth trajectory but accelerated it, translating to a 14.1% increase year over year to $2.7 billion in Q1 2024. The growth is particularly impressive given that it follows a 17.2% increase in the same quarter last year.
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Read MoreThe Daily
Gold (XAU/USD) Price Forecast: Tests Trend Support, Poised for Bullish Continuation
Bullish Above $3,388
A one-day bullish breakout above today’s high of $3,388 will indicate that support was retained at the 20-Day line. The short-term uptrend of higher swing highs and higher swing lows, beginning from the May swing low, would be expected to continue at that point. Key resistance would then be at the recent high of $3,451,