Cathie Wood’s Ark Invest Keeps Shedding Shopify Nvidia Shares, Loads Up On Spotify Stock
On Tuesday, Cathie Wood-led Ark Invest made notable trades, with a significant move to offload shares of Shopify…
Tis The Season
Seasonality is a crucial factor for fundamental analysis but is often ignored by technical analysts who trade on a shorter time frame. To add to that point, the only fundamental analysis used by most technical analysts is economic data releases because of the short-term increase in volatility.
Your Weekly Tech Stocks Watchlist & $SPY Levels To Watch
Headlines This Past Week
NFP: The latest U.S. nonfarm payrolls report showed the unemployment rate ticked higher to 3.8% in August, reaching its highest level in more than a year. Economists had expected it to remain at 3.5%.
A Bull Trap Or More Gas In The Tank? Prepare For The Upcoming Week With MandoTrading!
Last week's candle reached into a bearish imbalance, right at the 70% retracement of the current swing range and rejected. Bulls will need a close above that level for another upside push towards the swing high at 4638.
Weak Seasonality Ahead In The Stock Market But Bulls Have A Good Argument
To gain an edge, this is what you need to know today.
Unwrapping The Numbers – A Deep Dive Into Hershey’s 21% Decline From Its All-Time Highs And What It Means For Investors
Hershey's stock experienced robust growth in 2021 and 2022, with increases of 26% and 20%.
The stock reached an all-time high of $276 in May 2023 before breaking through significant support levels.
The next critical support level to watch is the psychological level of $200.
Dell Becomes One Of The Early Generative AI Winners
Last week, Dell Technologies Inc (NYSE: DELL) had its best stock market day since its 2018 return to the public market after it reported its fiscal second quarter results.
Market Clubhouse Morning Memo – September 5th, 2023 (Trade Strategy For SPY, QQQ, AAPL, MSFT, AMZN, GOOGL, And NVDA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, AMZN, GOOGL, MSFT, and NVDA.
Diving Industry Deep – Let’s Look At Oil Services
As an investor, we need a process to compare alternative opportunities in effort to maximize the productivity of capital and seek the best risk-adjusted returns. Sure, time frame matters and some investors can be more patient than the next another, but concepts like relative strength, trend following and sector/industry market breadth can help.
Elevance Health Approaching Attractive Buy Point With Strong Earnings And Dividend Growth
Elevance Health's stock price has stagnated in 2023 while indices have rallied. This is despite strong earnings growth, strong expected growth in the future, and an attractive forward Price/Earnings ratio.