1 Cash Cow with Massive Upside
CVS Health (NYSE:CVS) share price declined by over 23% over the past twelve months. Hurting shareholders was the recent leadership transition from CEO Karen Lynch to David Joyner, a shift that brought uncertainty to the company’s direction as investors questioned the company’s stability while facing ongoing challenges. » Read more about: 1 Cash Cow with Massive Upside »
Read More
Will This Hot CyberSecurity Stock Keep Soaring?
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,
» Read more about: Will This Hot CyberSecurity Stock Keep Soaring? »
Read More
Is Tesla Plunging To $100?
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,
» Read more about: Is Tesla Plunging To $100? »
Read More
Did This Weird Ratio Signal The Top?
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.
» Read more about: Did This Weird Ratio Signal The Top? »
Read More
Billionaire Bets on Fast Growth Unit In Boring Stock
If you only look at consumer trends within the United States, it might seem odd that Philip Morris’s stock has done so well. Aren’t people giving up cigarettes?
For the most part, they are, but the company has planned for the effects of smoking cessation programs. The share price speaks to Philip Morris’s success.
» Read more about: Billionaire Bets on Fast Growth Unit In Boring Stock »
Read MoreThe Burst
Is Bitcoin $100,000 Next?
Bitcoin has been on a tear lately, bringing its YTD returns to over 112%. Much of this gain can be attributed to Donald Trump’s support of bitcoin and his electoral victory, which added to an already bullish period for Bitcoin.
Now, the big question is whether the benchmark cryptocurrency could cross the $100,000 mark for the first time in the near future.
» Read more about: Is Bitcoin $100,000 Next? »
Read MoreThe Spotlight
Market Precariously Perched at Key Level
As the end of the quarter approaches, how do the markets fare? Zooming out, we can see that the S&P 500 is precariously perched on an uptrending resistance line.
While doomsayers have been lining up to predict the market’s demise for months, it has defied all skeptics and continued its march higher. But now it sits once again at a key threshold level.
» Read more about: Market Precariously Perched at Key Level »
Read MoreThe Daily
Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partners
BRIDGEWATER, N.J. (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could cause massive upheaval between the United States and two of its biggest trade partners.
Trump detailed the planned tariffs in letters posted to his social media account.