Stock Market Analysis & Comment

The 'bull traps' in the indexes were on course to be negated by Friday's early surge, but by the close of business, these potential follow-on breakouts had morphed into more damaging bearish engulfing...

CPI inflation, retail sales, producer prices, and more earnings will be in focus this week. Oracle is a buy with strong earnings and guidance on deck. Dollar Generalis a sell with disappointing...

Adobe: Analysts slightly increased EPS estimates ahead of Q1/24. Our Fair Value models suggest a potential 5.7% increase in stock price. Dollar General: The stock might be priced higher ahead of...

There are company fundamentals and market fundamentals. Based on the latter, many traders changed their financial lives during the GameStop (NYSE:GME) and AMC (NYSE: AMC) short squeeze in late January...

Target's stock jumps 12% on better-than-expected Q4 earnings and revenue, with an optimistic earnings forecast for fiscal 2024, leading to analyst upgrades. Costco shares fall 4% after missing...

The rally in the stock market is showing no signs of slowing down due to the AI boom. Amid the current backdrop, I used the InvestingPro Stock Screener to find cheap, undervalued companies with...

Yesterday was a bit of a mixed bag with all recording gains (good), but the Russell 2000 (IWM) finished with a 'black' candlestick (close less than open price) that leaves bulls pressured and...

The past 15 months have been very good for Coinbase's (NASDAQ:COIN) stock price.During that time, COIN has rallied from $31 to over $230. And the rally has seen some wild volatility. Today’s...

These stocks are worth looking into with so much attention siphoned into AI and semiconductor equities.As of March 2023, Nasdaq had a combined equity offering of 3,611 stocks. Yet, in this ocean of...

Valuation metrics have little to do with what the market will do over the next few days or months. However, they are essential to future outcomes and shouldn’t be dismissed during the surge in...

Deloitte predicts a robust 13% growth in the production of crucial chips across various industries this fiscal year. The memory chip market growth stands out in the report, and European chip companies...

Stocks finished the day mostly higher, with the NASDAQ retracing 61.8% of the day before yesterday’s declines at its peak yesterday.Typically, when we have seen 61.8% retracements in the past...

Falling behind Magnificent Seven, Apple (NASDAQ:AAPL)'s bottom line is hindered. Will iPhone 16 sales and AI rally the company?Apple stock is down -8.3% year-to-date, trending the opposite to its...

The latest stock market rally has taken several key indexes to new highs.One such index is the Equal Weight S&P 500. While this is bullish, today’s long-term “monthly” chart of...