Financial Markets & Trading
Chart Pattern Indicator Change
My book, Swing and Day Trading , pictured on the left, discusses the chart pattern indicator starting on page 133. It discusses the Nr7 pattern and the CPI equation, too. -- Tom Bulkowski Chart Pattern Indicator: Analysis The following are DAILY price charts, updated once a week (after Friday's ...
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Why FTC Solar Plunged 23.4% Today
What happened Shares of FTC Solar (Nasdaq: FTCI) dropped as much as 23.4% in trading on Wednesday, as investors began to worry more about inflation. At 2 p.m. EDT, shares of this solar energy stock were still down 22.6% for the day. So what FTC Solar went public late last month at $13 per share, ...
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Market Extra: There is a ‘super sale' in Big Tech and other ‘high-quality' stocks, says this fund manager
Applied Finance Capital Management, an asset manager rooted in research on company valuations, has spotted attractive buying opportunities in the stock market, including some big technology companies, according to one of its founders. "Undervalued, high-quality companies are on a super sale ...
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NewsWatch: 3 ways Joe Biden's proposed stimulus checks will be different from Trump's payments
'The $600 already appropriated is simply not enough,' President-Elect Joe Biden said Thursday. See full story. IRS says this tax season will be ‘one of the nation's most important.' Make note of these key dates The IRS will start accepting returns a little later than usual, on Feb. ...
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Ben & Jerry's Next Ice Cream Flavor Could Make You Rich
Ice cream is literally going to the dogs -- at least if Ben & Jerry's gets its way. The Unilever-owned ice cream purveyor turned heads when it announced that its newest version of frozen treats was not designed for human consumption, but rather for our four-legged friends. Ben & ...
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Report: Uber Technologies to Spin Off Postmates Robot Delivery Unit
Would you invest in a company that focused exclusively on robot food delivery? Uber Technologies (NYSE:UBER) might be betting that the answer is "yes." On Friday, TechCrunch reported that Postmates X, the automated division of the food delivery service Uber bought last July for $2.65 ...
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2 Reasons Why I Sold Some of My Tesla Stock
I took a good, hard look at my personal portfolio last week. A couple of my smaller positions ended up in the "sell" pile. I also reduced by holdings in Tesla (NASDAQ:TSLA) by 25%. I have no intention of cashing in my entire Tesla position anytime soon. This is a deeply misunderstood ...
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Analyst: PayPal Holdings Has 46% Upside Thanks to Bitcoin Surge
One prognosticator following PayPal Holdings (NASDAQ:PYPL) feels the company is deserving of far more investor love. In a research note circulated on Friday, Dan Dolev of Mizuho Securities raised his price target on the stock to a "street high" of $350 per share, quite a hike from the ...
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Peloton to make $420 million acquisition aimed at catching up with backlog of orders; stock jumps
Fitness-equipment company to purchase Precor after falling behind on orders during COVID-19 pandemic, stock gains more than 7% in late trading Peloton Interactive Inc. plans to acquire a company to help it catch up with all of the exercise bikes and treadmills that ...
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Why Miniso Group Stock Jumped
Shares of Miniso Group (NYSE:MNSO) were moving higher today after the fast-expanding China-based retailer got an increased price target from Goldman Sachs, following its first-quarter earnings report last Friday. As a result, the stock was up 16.8% as of 3:37 p.m. EST on Monday ...
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When Will You Get Your Second Stimulus Check?
After months of negotiations, lawmakers have finally agreed on a deal to provide more coronavirus relief -- including a second stimulus check. The next payment will be smaller than the first one, though. While the CARES Act authorized a payment ...
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The Wall Street Journal: MGM, the studio behind James Bond and Rocky, is exploring a sale
Company valued around $5.5 billion, could be appealing target for a growing streaming service MGM Holdings Inc., the movie studio behind the James Bond franchise, is exploring a sale, according to people familiar with the matter, betting that its library of content will prove attractive to ...
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3 Takeaways From Beyond Meat's Q3 Earnings
The plant-based food producer's earnings report was worse than expected, but will growth resume? Beyond Meat (NASDAQ:BYND) reported third-quarter earnings earlier this week which included an adjusted net loss per share of $0.28 on revenue of $94.4 million, well below consensus analyst estimates ...
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Shopify: Great Business, Overvalued Stock
Summary * Shopify stock has exploded in 2020 due to the coronavirus pandemic repricing. * The stock's valuation has soared to nosebleed levels. * The technical suggest a bid decline is coming. Shopify (SHOP) is another example of a great company with an effective business model. Shopify stock ...
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Framing The Macro Scenario For The Post-COVID-19 World
Summary * Most market pundits take GDP and inflation statistics at face value. They shouldn't. * Likely, the economic scenario is more benign than anticipated. * That leaves us looking for pockets of value in a market populated with overstretched valuations. Now that there seems to be a vaccine ...
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Why Fluor Stock Jumped 28.8% in October and Is Rallying Further
What happened: Shares of engineering and construction company Fluor (NYSE:FLR) jumped 28.8% in October, according to data provided by S&P Global Market Intelligence. And the stock isn't done rallying just yet: It has already gained another 14.2% this month, as of the time of this writing. ...
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Is AMD About to Bury NVIDIA With Its Latest RX 6000 Graphics Cards?
Advanced Micro Devices (NASDAQ:AMD) has been hot on the heels of NVIDIA (NASDAQ:NVDA) in the graphics card market in recent years, giving the market leader a run for its money every now and then. But AMD may now finally have the ammunition necessary to blow a hole in NVIDIA's GPU (graphics ...
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Retiring in a pandemic is the ultimate party pooper
Retiring after a long career usually consists of a series of celebrations. Your employer throws a party. Your colleagues take you to lunch. Your friends and family congratulate you. A pandemic is the ultimate party pooper. Transitioning from a full-time job to sudden idleness is rocky even in the ...
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