Direxion Managing Director Ed Egilinsky spoke to Benzinga about the sectors likely to benefit from the Federal Reserve’s potential rate cuts as well as the 2024 presidential election. “In the current rotation trade environment, there are several sectors that could…
The momentum in gold’s recent rally has lost much of its shine, with the precious metal unable to reach new record highs since Aug. 20, as U.S. Treasury yields stabilize and the dollar rebounds. On Wednesday, gold traded at $2,505…
Salesforce Inc (NYSE:CRM) will be reporting its second-quarter earnings on Wednesday. Wall Street expects $2.36 in EPS and $9.2 billion in revenues as the company reports after market hours. The stock is up 24% over the past year and has…
One of the most successful series in AppleTV+ history could be returning for a fourth season, in a move that could boost subscribers for the streaming platform. What Happened: Hit series "Ted Lasso" ended after a third season that premiered…
Ford Motor Co (NYSE:F) has hit a rough patch, making a Death Cross on the charts. The stock has been cruising downhill, falling 8.7% YTD and experiencing a sharp 19% dip over the past month. This technical signal suggests a…
Scotch Tape maker 3M Co (NYSE:MMM) is on a roll. The St. Paul, Minnesota-based company clocked a fresh 52-week high of $129.99 during Wednesday trading. 3M stock has seen a phenomenal 40.20% gain year-to-date, a hefty 56.56% rise over the…
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…