Investors may want to pay close attention to biotech. For one, the sector is still one of the safest, most recession-proof investments around. Two, an aging population is demanding more treatments in an effort to live longer lives. As this…
Solar stocks could see brighter days ahead. All after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they reached a deal on climate spending. In fact, the “Inflation Reduction Act of 2022” now includes $369 billion…
Coinbase (COIN) is having a tough day. At the moment, shares are down more than 17%, or $12 a share on heavy volume of 18.2 million shares, as compared to its daily average of 15.5 million. All on news it’s…
Pay close attention to Tesla (TSLA). On heavy volume, the EV stock is up about $70 on the day. All after second quarter earnings came in better than expected. EPS, for example, came in at $2.27, which was higher than…
With sky-high inflation, consumer stocks have been hammered. Consumer prices soared 9.1% in June, year over year – its fastest pace since 1981, and well above expectations for 8.8%. Worse, the producer price index was up 11.3% in June—prices which…
Aside from the coronavirus, moneypox is apparently making the rounds. “Doctors warned that numbers will rise significantly as the virus spreads through Europe and as far as the US, Canada and Australia. Spain now has the highest number of infections,…
Crisis may be an opportunity for Altria Group (MO). At the moment, the stock is severely oversold at double bottom support dating back to late 2021. It’s also over-extended on RSI, MACD, and Williams’ %R. From a current price of…
Just last week, we noted oil prices could fall even more. In fact, we noted: “According to AAA, the drop-in oil and gasoline futures prices stemmed from traders’ concerns about an overall drop in U.S. economic activity following the Federal…
Investors may want to keep an eye on Shopify (SHOP). Just this morning, the SHOP stock split 10 for 1, sending the stock to $31.22. “While it does not change the fundamentals for the stock, we believe this split could…
Summer just started. But in a few weeks, it’ll be time to go back to school. And for retailers it’ll be one of the top most important shopping seasons, aside from the winter holidays. According to Morning Consult, “Since early…