May 15, 2024 ... 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 …

May 15, 2024 ... 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 …

May 15, 2024 ... 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 …

May 14, 2024 ... 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 …

May 13, 2024 ... 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 …

May 13, 2024 ... Stick with me on today’s public service announcement… It’s an important lesson that may save you $40,000 if you trade like “new-set-3059”. I always say that “luck prefers the prepared trader,” but sometimes, there’s something besides luck at work this …

May 13, 2024 ... The S&P 500 and other indices have clawed their way back to within 1% of their recent highs after an ORDERLY 5% pullback. Now, I love an orderly pullback more than any investor out there. Producer Price Index (PPI) This is one of the highest impact …

May 10, 2024 ... Micron Technology (MU) Micron Technology stock rallied for more than 4% on Friday after hit its best price level in more than three weeks.  The move came on no new news from the semiconductor company, but overall strength in the semiconductor sector. …

May 10, 2024 ...   Traders have been clamoring for the Fed to lower interest rates for most of the last year. The reason is simple. Cheap money is always good for the market.  For example: Lower interest rates make borrowing cheaper for companies. This means …

May 10, 2024 ... We could talk about the S&P 500, the Nasdaq and stocks, but I think that I said everything that needed to be said earlier this week. Stocks are going to continue higher this week simply because there’s nothing to derail that trend.  I positioned it …

May 9, 2024 ... Roblox (RBLX) We’re starting today’s Three Stocks with a few MEME favorites from 2022. First up is Roblox (RBLX).  The game and programming platform company announced their earnings results this morning. The company’s results met expectations for last …

May 8, 2024 ... Airbnb We talked about signs that the consumer may be tiring last week. Airbnb (ABNB)’s earnings results today back up that theory. For the quarter, the company beat analyst revenue and earnings per share (EPS) expectations as the travel industry has …

May 8, 2024 ... There's no better way to start a Fast Profit segment than with a walk down Wall Street. And that's exactly what we’ll do this week. I found myself returning home on Sunday to a refrigerator that had broken down. This is an appliance in my house that …

May 8, 2024 ... Technical Take on the Market Investors have been feeling pretty good over the last week as the S&P 500 and other indices have added more than 3% in what appears to be a relief rally. The relief? It comes mainly from the soft jobs report on Friday. …

May 7, 2024 ... Tesla Something's going on with Tesla (TSLA) shares today, as the stock is more than 3% lower, and the options market has been getting more active. Shares rallied more than 40% from their April lows after the company reported earnings on April 23. The …

May 6, 2024 ... Palantir Palantir (PLTR) shares are charging back towards their 52-week highs on the heels of another impressive earnings report. The AI/defense-driven stock reported earnings that were right on the mark, with analyst expectations on …

May 6, 2024 ... Disney (DIS) is set to announce their quarterly results tomorrow morning before the market opens, and the stock couldn’t be positioned any worse for the news. To say it’s been a tough few years for the company and its stock would be an understatement. …

May 6, 2024 ... One: The S&P 500’s 50-Day Moving Average Is in Play Last week’s strong finish put the S&P 500 and tech-heavy Nasdaq 100’s 50-day moving average in play. If you’re not familiar, the 50-day moving average of these indices is one of the most …

May 3, 2024 ... Apple It was a wild ride for Apple (AAPL) shares today as the company traded almost 6% higher after last night’s earnings report. Shares dropped earlier in reading as investors continue to mull the longer-term outlook for Apple after the earnings …

May 3, 2024 ... We’re getting ready to head into the last few weeks of the earnings season as mid-May approaches. This is the part of the earnings season that gives us a great view of the consumer as many of the consumer discretionary and retail companies will provide …

May 3, 2024 ... April Jobs Report Stocks are reacting well to the April Jobs report. Investors and traders are looking at the number of jobs created in April – lower than expected – as a welcome complication to the economy. The April report showed that 175,000 jobs …

May 2, 2024 ... Carvana Carvana (CVNA) stock traded 35% higher this afternoon after the company announced earnings results that were better than expected. The company reported earnings per share (EPS) of $0.23, which is $0.90 better than what The Street was expecting. …

May 1, 2024 ... AMD AMD (AMD)’s earnings report can best be described as “within the lines.” The company hit their earnings target on the nose. Revenue was in line with analysts’ expectations as well, which only represented a 2.2% year-over-year growth. The company’s …

May 1, 2024 ... Last night, we talked about the fact that the “sell the news” pressure following the highly anticipated “halving” event for Bitcoin had backed the cryptocurrency into a technical corner. If you missed it, take a look here. This morning, to no surprise, …

May 1, 2024 ... We’re almost halfway through earnings season, and the semiconductor exchange-traded funds (ETFs) are starting to show signs of wear. The latest reports from Intel (INTC), AMD (AMD), and Micron (MU) gave positive outlooks – except for Intel – but …

May 1, 2024 ... One: Wall Street Braces for Jerome Powell’s Interest Rate Decision At 2:00 pm EST this afternoon, Jerome Powell will announce the results of the Fed’s two-day interest rate meeting. The chances that the Fed will make a cut to interest rates is 1%, …

April 30, 2024 ... Bitcoin The “sell the news” trade is turning into a technical tripwire as Bitcoin (BTC) is now hitting a round number that has previously supported the cryptocurrency four times since the beginning of March. There are two parts to this “trade.” First, …

April 29, 2024 ... Tesla Elon Musk did what Elon Musk does over the weekend. He flew his plane over to China, had some meetings, and now The Wall Street Journal is reporting that China is preparing to give Tesla (TSLA) tentative approval for Tesla's Full Service Driving …

April 29, 2024 ... Honestly, I was a little shocked when this stock hit my technical buy list today. The stock hits all the marks of my “behavioral valuation” checklist that says it’s set to move higher over the next 6-12 months, but it appears that The Street hasn’t …

April 29, 2024 ... Meta Platforms (META) shook the markets last week as the company released their quarterly earnings results. The company beat on their earnings number but announced another round of huge investments into the further development of AI technologies for …