News
Lululemon Stock Implodes Post Earnings, Guidance Muted
Last night, the athleisure giant Lululemon Athletica Inc. (NASDAQ: LULU) reported its Q4 earnings in what was a highly anticipated release. While its stock has traded relatively softly this year
Bitcoin Sells Off, Bringing New Spot ETFs Along With It
Spot Bitcoin exchange-traded funds, including the iShares Bitcoin Trust (NASDAQ: IBIT), Grayscale Bitcoin Trust (NYSEARCA: GBTC), Fidelity Wise Origin Bitcoin Fund (NYSEARCA: FBTC), ARK 21Shares
Google and Meta Circling the Market on a TikTok Ban Rally
The online economy is about to take another shift soon. More influencers and advertising budgets saw unparalleled opportunity in Bytedance’s up-and-coming platform, TikTok; however, its days in
Exploring the Bear Call Spread vs Bear Put Spread Strategies
If you've ever believed that a stock was headed lower but didn't want to take on the risk of short-selling the stock, then you can consider using options strategies instead. We've heard horror
Micron Is the NVIDIA of Memory Chips: Here’s Why
Micron Technology (NASDAQ: MU) is perfectly positioned to follow in the footsteps of AI leader NVIDIA (NASDAQ: NVDA). Where NVIDIA commands the bulk of data center market share and, by extension
Energy Sector Nears Multi-Year Resistance: Breakout Ahead?
As the U.S. market hovers near all-time highs, one sector has quietly surged higher and now stands at a critical juncture - the energy sector. While the broader market has experienced a
3 Industrial Stocks Leading the Way in This ETF Breakout
Hopping on the next market trend is easier said than done. However, there is one simple and logical way to find the next winning sector in the market. By tracking exchange-traded fund (ETF)
Nio Stock Price Is On Track for Penny-Stock Status
Nio Inc. (NYSE: NIO) stock price has trended steadily lower since the EV bubble burst, and it is on track to set new lows. The latest earnings release reveals the continued dominance of the
PDD Holdings Stock Can Have Another Double-Digit Rally This Week
Watch for a dip buying opportunity in PDD Holdings Inc. (NASDAQ: PDD) as China’s economy blows past expectations this quarter. Analysts may see their hands forced to boost their current price
Is it Time to Take Profits in Financial Stocks?
The financial sector and the popular sector ETF Financial Select Sector Fund (NYSE: XLF) continue to demonstrate impressive momentum as we progress into 2024. Much like its stellar performance in
Growing Twice as Fast as Tesla, XPeng is a Buy
You can't deny the two most significant trends today in technology stocks like Nvidia Corp. (NASDAQ: NVDA) and electric vehicle stocks like Tesla Inc. (NASDAQ: TSLA). However, the trend hasn't
4 Stocks Building Long-Term Value for Shareholders
Investing in business growth, acquisitions, improving margins, cash flow, dividends and share repurchases are among the leading drivers of shareholder value today. Oddly, too few companies rely on
FedEx Stock Has Analysts Upgrading in Bulk, a Sudden Discount
Wall Street analysts tend not to take unnecessary risks when rating and valuing stocks. If they become overly bearish or bullish, and their predictions turn out wrong, that’s a bonus they won’t be
This Sector Ready to Outshine Key Rival, Says New Report
A new report from Bank of America analysts found that consumer discretionary stocks have the edge over consumer staples stocks.
That's despite a one-month outperformance of the Consumer Staples
EV Stocks Stall, What About NIO?
Electric vehicle (EV) makers have been seeing their stocks get demolished in the Auto/Tires/Trucks sector. As the hype has retreated and reality set in. Fisker Inc. (NYSE: FSR) shares have fallen
Prospera Energy Inc. Announces a 508% increase in the 2023 Proven Developed Producing (PDP) Reserve Valuation
Calgary, Alberta, March 14, 2024 – Prospera Energy Inc. (“Prospera”, “PEI”, or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE) (“PEI”) is pleased to announce a
Insider Selling of Amazon Spikes in Q1, but it's Not Time to Sell
It’s not unusual for insiders to sell Amazon.com (NASDAQ: AMZN) stock. Insiders own a large 12% of the company, and share-based compensation is a factor, but there has been unusual activity this
3 Stocks About to Boom on Unusual Call Option Volume
Most investors focus on the volume profile of the stocks they analyze, forgetting that there is another primary market that can act as a leading indicator. Options often give you a glimpse of the
S&P 500 Valuations Hit New Highs: Anticipating a Market Pullback?
In the past week, the rally in the Technology Select Sector SPDR Fund (NYSEARCA: XLK) has faltered as many leading stocks have been trading off their previous highs, or have posted small gains.
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
Prior to the approval of the spot bitcoin ETFs like iShares Bitcoin Trust (NASDAQ: IBIT), traders would trade the Bitcoin miners and the cryptocurrency exchanges like Coinbase Global Inc. (NASDAQ:
Walmart: Here’s Your Chance to Get in Cheaper in 2024
Walmart Inc. (NYSE: WMT) is a retail behemoth with more than 10,600 stores worldwide in over 27 countries, accommodating nearly 255 million customers weekly. Walmart is the world's largest
Jabil Stock Implodes: Market Manufactures Entry for New Money
Jabil Inc. (NYSE: JBL) stock price is down 10% in early trading, extending a decline that began before the Q2 release and may fall further. However, the decline is due more to market mechanics
Flutter Receives Major Upgrades: Investor Interest Skyrockets
Since listing on the New York Stock Exchange at the end of January, shares of Flutter Entertainment plc (NYSE: FLUT) have gone from strength to strength. They've gained more than 40% since
Watch for Tech Giants to Boost Share Buybacks in 2024
Watch for robust earnings growth at big techs such as Meta Platforms Inc. (NASDAQ: META), Nvidia Corp. (NASDAQ: NVDA), Microsoft Corp. (NASDAQ: MSFT) and Apple Inc. (NASDAQ: AAPL) to increase the
These 3 Stocks Just Entered Overbought Territory
As Nvidia Corp. (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) continue to spearhead the upward trajectory of the S&P 500 amidst notable retractions from other major tech players and market leaders