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Tesla stock price rebounded on Monday, reversing recent downtrend The EV maker faces challenges from increased competition and China's economic slowdown Technical analysis suggests the stock could...
Is a stock market rally coming? I think that is most likely the case. However, to understand why, we must review what we said at the beginning of July: With bullish optimism quickly returning to the...
Nvidia is set to report Q2 earnings tomorrow after the market closes The chipmaker is expected to report strong growth Given the sky-high valuations, is growth sustainable in the long term? All eyes...
I didn't mention this yesterday, but the Dow Jones Industrial Average has managed to defend breakout support. While other indexes fluff their lines, there is still a buying opportunity for this...
Air travel is seeing an upswing, with the International Air Transport Association (IATA) forecasting 4.35 billion global passengers carried this year alone.This resurgence, however, presents an ironic...
The US stock market is correcting and may continue to do so for a while Rising treasury yields and China's real estate issues are strong headwinds With this backdrop, markets are eyeing Jerome...
The latter part of last week saw sellers pick up the pace, but buyers were not going to give up without a fight. In the case of the Russell 2000 (IWM), the 200-day MA has acted as a point of action...
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Hexcel, Callon Petroleum, Adobe, and Marvell, and a downgrade for Urban Outfitters.InvestingPro...
The stock market has had a good year so far but is currently heading lower And Michael Burry has decided to short the market Will this be another 'big short' for Burry or just another failed...
What was relatively orderly selling from the July peak has now seen an acceleration in the selling over the last two days. The volume hasn't been extensive, but it's hard for buyers to gain confidence...
Wall Street’s second-quarter earnings season draws to a close next week. As the dust settles, it’s time to look back and identify which companies failed to release results that impressed...
When a company the size of Palo Alto Networks (NASDAQ:PANW) confirms a Friday after-the-bell earnings date, we pay attention, especially when it’s never reported at that time before. At...
Two weeks ago, see here, we asked the question if a major top was forming for the S&P 500. Using the Elliott Wave Principle (EWP) we found, “Although the index has not dropped below the...
Cisco Systems (NASDAQ:CSCO) shares rose in early Thursday trading after the IT networking company provided positive updates on the earnings call. The stock initially fell in after-hours Wednesday...
A soft landing is a more likely scenario, according to a survey by Bank of America There are three tech stocks you can consider buying if that scenario plays out The stocks are currently undergoing a...