Last week, I talked about the likelihood of the S&P 500 (SPY) remaining range-bound due to the mix of bullish and bearish forces. One of the bullish forces was the…
Category archives: Stocks
How Low Will Stocks Go?
It is now clear the summer bear market rally is over. Now we are descending back into bear market territory with a retest of the S&P 500 (SPY) lows at…
Bear Market Cure
The 20% loss for the S&P 500 (SPY) this year does not really tell the story of the pain inflicted on the average investor. Most individuals were piled up in…
1 Chip Stock With the Power to Become the Next Nvidia
Chip company Micron Technology (MU) is gearing up to make its $15 billion chip factory operational. The company seems poised to recreate an Nvidia (NVDA)-like success story in the coming…
It’s Not Too Late for Investors to Start Buying GILD Stock
Biopharmaceutical giant Gilead Sciences (GILD) has delivered solid segmental sales growth in the last reported quarter. In addition, the company’s various research breakthroughs and drug approvals should further bolster its…
1 Stock That’ll Make You Turn Blue in the Face for Owning
Biotech company bluebird bio (BLUE) received FDA approval for ZYNTEGLO last month, which seems to have boosted its stock price. However, given its bleak profitability and stretched valuations, the stock…
The Best Cable TV Stock: Comcast vs. DISH Network
Despite the growing popularity of streaming services, cable TV remains the traditional choice for most Americans. And the industry seems poised to witness sound growth in the coming years. Cable…
3 Terrible Stocks It’s Time to Sell Short
Unrestrained inflation has been triggering a domino effect. The aggressive interest rate hikes by the Fed to bring prices down have been fueling recession fears and aggravating market volatility. Amid…
1 ETF That’s a Great Idea to Tap Into Right Now
Elevated inflation and the Fed’s upcoming interest rate hikes are expected to keep the stock market under pressure. So, to benefit from the declines in the stock market, it could…
Is OPEN Stock a Smart Buy Around $4?
Opendoor Technologies (OPEN) announced a multiyear agreement with Zillow Inc. (ZG) to expand its operational capabilities. However, the stock is trading 83% below its 52-week high, indicating a bearish sentiment….