Massive Buy Sign Flashing In Magnificent 7 Stock
If one trader with an awesome track record is right, a Magnificent 7 stock is about to start a rip roaring rally that will last for some time.
Remarkably, it’s also been one of the poorest performers this year, down 4% so far against a market rally in the S&P 5oo of 20%.
The stock in question is, » Read more about: Massive Buy Sign Flashing In Magnificent 7 Stock »
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Market Commentary: MAJOR Trend Change In T – 3, 2, 1…
In today’s market, flows are key. One market analyst, Cem Karsan, related flows and fundamentals with the following analogy. He says that flows are like the wind, which can push a plane in any direction, while fundamentals are like the engine, which determines the plane’s long-term direction.
In the context of trading, flows are the money that is flowing into or out of a particular market.
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Market Commentary: 3 Stocks On The Verge Of Huge Breakouts
If you study technical analysis theory, two patterns rank among the most popular and successful: the head and shoulders pattern and the base and break. So to mix things up today, we scoured through hundreds of charts to find three stocks that could be on the verge of huge breakouts.
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Market Commentary: Analysts Claim 500% Upside In EV Maker
Electric vehicle manufacturer, Canoo, has had a rough run lately. Over the past year it has slid from about $4.61 per share to $0.56 per share, essentially wiping out committed shareholders. But analysts consensus estimates suggest the company has over 500% upside to $3.56 per share to reach fair value.
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What Oracle CEO Said 55 Hours Ago Will Shock You
I’m old enough to remember when Oracle was $13 per share in 2003 and by 2006 it was still $13 per share.
The company seemed as old and boring and stodgy as any tech company could become. It was almost like an IBM relic that would gather dust, selling software to enterprises and producing a boatload of cash flow but really doing nothing to excite investors or innovate.
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Read MoreThe Burst
Ominous Signal Strikes for First Time in 90 Years
If one key indicator is to be trusted, the U.S. economy may be headed either for choppy waters or over a cliff, and the fallout for stocks may be enormous.
While there is no doubt that the forces of money supply creation and consequently inflation drive nominal prices higher over the long-term, the short-term is less easy to forecast with the same degree of accuracy.
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Read MoreThe Spotlight
Spotlight: How 1 AI Stock Soared 150%
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Read MoreThe Daily
As house hunters freeze up amid trade war, mortgage rates stay steady
Mortgage rates haven’t changed but the White House’s shock and awe tariff announcements have dampened buyer interest in the housing market.
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