Technical analysis has a bad reputation. Unfortunately, this reputation may be warranted. Many analysts don't understand its basic principles and fundamentals. Almost any chart can illustrate some of these fundamentals and principles. The chart of Carnival Corp (NYSE:CCL) is no…
Boeing Co. (NYSE:BA) is navigating some serious turbulence this year, with the stock down 31% YTD. But amid FAA inspections, halted test flights and regulatory headwinds, could the technical indicators be hinting at a turnaround? Let's buckle up and see…
AFC Gamma, Inc. (NASDAQ:AFCG) announced on Monday that it has closed a new senior secured credit facility for Private Company Q and expanded its existing senior secured credit facilities for BeLeaf Medical, LLC and Sunburn Cannabis. What Happened & Why…
Bitcoin‘s (CRYPTO: BTC) price could be hovering around $20,000 without the support of exchange-traded funds (ETFs), according to Eric Balchunas, Senior ETF Analyst at Bloomberg. What Happened: In a conversation with Coindesk on Thursday, Balchunas outlined why ETFs have played…
On CNBC's “Halftime Report Final Trades,” Rob Sechan of NewEdge Wealth said International Business Machines Corporation (NYSE:IBM) trades at 18 times and is a “nice combination of defensive growth and margin expansion.” On July 24, IBM reported quarterly earnings of…
In the lead-up to the U.S. presidential election, current market sentiment suggests that a victory for Donald Trump would be bullish for crypto assets, while a win for Kamala Harris is perceived as bearish. What Happened: A Bernstein report on…
Renowned financial analyst Lyn Alden shed light on Bitcoin’s (CRYPTO: BTC) place in the current economic landscape, highlighting why Bitcoin is a solution rather than a hedge. What Happened: In an appearance on the “What Bitcoin Did” podcast, Alden emphasized…
Robinhood Markets (NASDAQ:HOOD) is enjoying strong deposit growth and new products, analysts noted after second-quarter results. Piper Sandler analyst Patrick Moley maintained a Neutral rating and $20 price target. Needham analyst John Todaro maintained a Hold rating and has no…
The weak July jobs report released on Aug. 2 sent the markets into a sell-off. The SPDR S&P 500 ETF Trust (NYSE:SPY) erased over 5% in a now-rare pullback before regaining ground on Tuesday and Wednesday. While recent unemployment data…
Occidental Petroleum Corporation (NYSE:OXY) shares are trading lower on the heels of a buyout of oil and gas producer CrownRock, L.P. The company opened Friday at $58.55 a share, down 1.40%. In December, the company inked a deal to acquire CrownRock for…