A lot of solid stocks have been beaten silly on excessive fear. However, as we learned from successful investors, that fear may be an opportunity. Sir John Templeton taught us to buy excessive pessimism, for example. Warren Buffett says that…
Markets
Investors may want to keep an eye on Luminar Technologies (LAZR). For one, after finding strong double bottom support around $6.50, the stock is starting to pivot higher. Two, we just spotted a volume spike of 25,433 LAZR November 4,…
Cannabis stocks could see higher highs. All on speculation the U.S. may be nearing decriminalization. According to FiveThirtyEight’s Lester Black: Biden “is now asking his own administration to start the process of making the drug’s legal classification match its reality. …
We’re sitting ducks. After all these years, we’re still not ready for cyberattacks. Cities, hospitals, schools, and many companies aren’t ready. Just this morning, some of the biggest airports in the U.S. were targeted by an alleged attack in the…
Cannabis stocks are getting fired up. All after President Biden lit a fuse, taking executive action to change U.S. policy on the drug, pardoning all prior federal offenses of simple cannabis possession. Biden also asked federal officials to start a…
Oil prices are gushing higher. Last trading at $86.52, oil could push higher on news OPEC+ is considering a two million bpd production cut. If that happens, oil could run back to $100 a barrel. According to CNBC: “An influential…
Aluminum stocks are on the move. All on news the London Metal Exchange could ban Russian aluminum. “Such a move would be significant for the global industry. Russia accounts for about 5% of global aluminum production. That might sound like…
Electric vehicle charging stocks could accelerate. All after the U.S. Transportation Department approved EV charging stations for all 50 states, including Washington, D.C. and Puerto Rico to cover 75,000 miles of highway. “We have approved plans for all 50 States,…
Electric vehicle stocks may be some of the safest. That’s because EV sales may be on course to hit all-time highs this year, according to the International Energy Agency (IEA). According to CNBC, “The IEA said global sales had doubled…
The overall market may be falling apart. But Bitcoin is in rally-mode. Oversold on RSI, MACD, and Williams’ %R, BTC is starting to pivot higher from triple bottom support dating back to June 2022. “After months of waiting, for just…