Times News Network
In our April 25 review of Shopify (SHOP) we wrote that “Traders should continue to avoid the long side of SHOP. We are likely to see a better buying opportunity in the months ahead.” Has that buying opportunity arrived? Let’s check the latest charts in light of a major sell side firm resuming its coverage of … Read More “Shopify Is Showing Us Bottoming Action From May” »
Finally. What was that? Around 09:15 am ET. Surprised Carnival Corp (CCL) didn’t wait until after the opening bell. One would immediately think that maybe the firm released their numbers so close to the opening bell in New York in order to try to fly under the radar as most traders, especially sales traders, are … Read More “There’s No Clear Sailing Ahead for Carnival: Here’s How to Play It” »
Elon Musk’s deal with Twitter seems to be gathering pace. In a recent US SEC Filing, the Twitter board of directors have unanimously approved Musk’s buyout deal and recommends stockholders to vote in favour of the offer. The acquisition of Twitter by Elon Musk is at approximately $44 billion at a price of $54.20 per … Read More “Twitter board approves Elon Musk’s buyout offer – Know the shareholders’ voting process” »
It was the “eureka” moment, as I read the press release. Of course! How to revive or at least drain more value from a beloved, but way past mature American brand name. Talk about a consumer staple. The Kellogg Company (K) closed on Friday night at $67.54, down just 10.6% from the apex of an … Read More “I’m Intrigued as Kellogg Splits Into 3: Here’s the Play” »
Virtual reality (“VR”) is a representation of an artificial environment using cameras, sensors, and software. This technology has been gaining significant traction in recent times, driven by its affordability and wide-scale availability. Per a recent PwC report, global spending on VR grew 36% year over year $2.6 billion in 2021. Moreover, global spending on VR … Read More “2 Tech Stocks to Ride on the Booming Virtual Reality Market – June 21, 2022” »
Everyone is watching the price of crude oil. Everyone is sensitive to the latest price at the pump. Housewives, truckers, CEOs and even me. Everyone. This issue is a global phenomenon and if crude oil prices weaken a bit it should have a positive effect on stock prices. On Thursday on Real Money we wrote … Read More “Has Crude Oil Made an Interim High?” »
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is an 85-year-old individual investor with 70 years of stock-trading experience. Kaplan grew up in a poor family in the Bronx, N.Y., but by … Read More “Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market” »
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we … Read More “Bearish Bets: 3 Beaten-Down Stocks You Should Consider Shorting This Week” »
The pandemic-induced travel restrictions and social-distancing measures have been hurting the Zacks Internet – Delivery Services industry. Nonetheless, recovery is anticipated for companies like GoDaddy (GDDY Quick QuoteGDDY – Free Report) , MakeMyTrip (MMYT Quick QuoteMMYT – Free Report) , QuinStreet (QNST Quick QuoteQNST – Free Report) and Asure Software (ASUR Quick QuoteASUR – Free … Read More “4 Internet Delivery Stocks to Focus On in a Flourishing Industry – June 9, 2022” »
With hotter-than-expected CPI numbers released Friday morning putting pressure on stocks, closing prices for the S&P 500 and Nasdaq Composite are key for the markets. In our view, the S&P needs to stay above 3,950 and the Nasdaq above 11,428 for us to maintain our view that we have already seen the market lows as … Read More “After a Hot CPI, Where the S&P 500 and Nasdaq Close Friday Is Key” »
