Category

Stocks

Three Stocks: NVIDIA, Netflix and Bitcoin

NVIDIA (NVDA) With its earnings only a few days, NVIDIA shares made a 2.5% move today that barely missed closing the stock in new high territory. Shares closed the day at $947.82 as four different Wall Street analysts decided that today was the day to raise their price targets on the stock. Two of the […]

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These Inflation-Fighting Retailers Are Winning

Last week, shares of Walmart (WMT) took off through the roof after the discount retailer announced earnings results that were better than investors’ expectations… But there was a catch. Walmart, known historically for its no-frills shopping experience and low prices, tends to attract buyers through their doors when things get tight with the family budget. […]

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Here’s What’s Going to Move Stocks This Week

The Artificial Intelligence Fashion Show Continues this Week Last week, we saw the unveiling of two new AI versions in what I am dubbing the beginning of “AI Fashion Week.” OpenAI unveiled their lates version of ChatGPT-4o, while Google released their latest AI toy, Google I/O 2024, which provides a new generative search feature at […]

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Forget Tesla... Forget GameStop... Focus on This Instead

The Dow Jones Industrial Average Looks “Ready to Run” The market’s headlines can be misleading, but as I always say… market prices don’t lie. Investors are celebrating the Dow Jones Industrial Average’s cross above 40,000, as they do every 10,000-point milestone. The last celebration at 30,000 was the beginning of a 22% rally over the […]

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Three Stocks: Walmart, Bitcoin, and Coinbase

Walmart Shares of retailing giant Walmart (WMT) were 7% higher on Thursday after the company reported earnings that were better than Wall Street expectations. The company beat its earnings per share target by $0.07, growing revenue by 6% over last year’s numbers, but the real story was in comments made by management. Walmart’s earnings numbers […]

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Three Stocks: Super Micro Computer, Tesla, and Chubb

Super Micro Computer What’s this? Super Micro Computer (SMCI) shares traded 15% higher today on little to no news. Shares of the AI-related stock jumped above their two key technical indicators during Wednesday’s trading on heavy trading volume.  The combination projects a stock price that is likely to advance SMCI shares above their march highs […]

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Gold Market Outlook 2024: Bullish Fundamentals and Technicals Indicate Strong Rally Ahead

Fundamentals: BULLISH The fundamentals of gold are simple. Historically, people have considered gold as a good store of value. Whether its inflation, market gyrations, geopolitical tensions, or anything else that makes investors question the value of their worth, gold has been the place to “park” your assets until the storm passes. As I type this, […]

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This Tug-of-War is Set to Make or Break Stocks

What’s Driving Stocks CPI, the best-known inflation gauge, just hit the tape this morning and investors are pleased. The popular inflation gauge came in at +0.3% for the last month with the 12-month look at prices showing an increase of +3.4%.  Both numbers were less than economists had expected, immediately putting investors in a bullish […]

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Three Stocks: Plug Power, GameStop, and SunPower

Plug Power   Shares of Plug Power (PLUG) traded higher today on news that the government was throwing the alternative energy company a lifeline. The company has received a $1.66 billion conditional commitment loan guarantee from the Department of Energy for the company’s Green Hydrogen Deployment Pipeline project. Plug Power has been in a cash-burn […]

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Three Stocks: GameStop, Rivian, and AMC

GameStop Today’s move in GameStop (GME) shares couldn’t have been scripted any better. Shares were off to a flying start ahead of the open as the trader known as “Roaring Kitty” posted a cryptic drawing of a person leaning forward in a chair with a gaming control in their hand. The image was all the […]

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