Is Meta a Buy After Crashing?
Despite a stellar start to 2023 with a more than 300% increase in stock price at one point, Meta experienced a significant pullback, shedding 15% in value following its first-quarter earnings report.
Meta reported a very solid Q1, with revenues soaring by 27% to $36.5 billion, the fastest growth rate in several quarters, while operating margins improved from 25% to 38%. » Read more about: Is Meta a Buy After Crashing? »
Read MoreWill 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,
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Read MoreIs 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,
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Read MoreDid 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.
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Read MoreIs 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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Read MoreThe Burst
Is This The Perfect Bitcoin Strategy?
A decade or so ago, betting on bitcoin really was risky. The cryptocurrency was entirely unproven, unregulated, little-known and fraught with risk. Fast forward 10+ years and the times have changed substantially in favor of Satoshi’s creation.
Now exchange-traded funds exist that facilitate regular flows into the cryptocurrency and some companies, like Microstrategy,
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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.
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Read MoreThe Daily
Is Energy Transfer Stock a Millionaire-Maker?
Energy Transfer stock can make you a millionaire, but you need to do this one thing.
Can you become a millionaire by investing in Energy Transfer (ET 0.82%) stock? Absolutely. Over the long term, shares have proven a terrific investment. And given the company’s unique asset base,
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