Stock Market could be hard to read. There are ways on how to predict the stock’s direction by looking at the stock charts. Check out this video and learn some techniques on how to predict the stock’s direction! Start earning more with your trades now! #stocktrading #tradingtips #stocktradingtips #tradingmindset #tradinglikeapro #tradingcharts Posted at: https://tradersfly.com/blog/how-to-predict-a-stocks-direction-next-move/ 💌
It’s no secret that Palantir (NYSE:PLTR) stock had a tough year in the markets. When the dust finally settled, PLTR shares had fallen by 20% over the course of 2021. Source: Ascannio / Shutterstock.com But for the fundamentals-focused contrarian investor, Palantir is looking better and better. To be sure, Wall Street has soured on Palantir
Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – The athletic footwear and apparel retailer dropped 3.9% in the premarket after J.P. Morgan Securities downgraded it to “underweight” from “neutral,” pointing to cost pressures and tougher competition. Under Armour (UAA) – Under Armour rose 2.5% in premarket trading
Zillow Group (NASDAQ:ZG) is a prime example of how badly things can go when you believe overconfidence can make up for poor execution. At least, that’s the takeaway from the real estate listing platform’s failed attempt to dominate the iBuyer business. Unfortunately, it’s not management that’s paying the price. Instead, that would be the investors who
The investment landscape can be extremely dynamic and ever-evolving. But those who take the time to understand the basic principles and the different asset classes stand to gain significantly over the long haul. The first step is learning to distinguish different types of investments and what rung each occupies on the “risk ladder.” Key Takeaways
When Skillz (NYSE:SKLZ) announced a senior notes offering on Dec. 16, the company’s timing could not have been worse. SKLZ stock traded close to a 52-week low and below the key 20- and 50-day simple moving average. Source: Dennis Diatel / Shutterstock.com With investors losing money on their position, Skillz is on the offensive. It
Left to their own devices, people don’t necessarily make the most responsible choices, especially if they cost money. That’s the takeaway from a new working paper authored by researchers at the University of California, San Diego, and the University of British Columbia in Canada. The researchers examined the effectiveness of mandates in the context of
Semiconductor firms remain as important as ever. Investors have come to realize that names like Advanced Micro Devices (NASDAQ:AMD) and AMD stock represent a vitally important industry. Throughout the pandemic, we’ve learned the importance of semiconductors — and how their supply can have serious effects on the economy. Source: flowgraph / Shutterstock.com That aside, though,
In this article AMD NCLH RCL M WFC TSLA The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company
Looking back on 2021, the S&P 500 finished another year on a high. At the close of the 12-month period, the index had provided 27% returns to investors for the year. However, fears of another slowdown from new variants of the novel coronavirus or inflation will have several investors in a risk-averse mindset. In that
A few weeks back, I broke down the pros and cons of buying ContextLogic (NASDAQ:WISH) as it sits at fire-sale prices. The verdict? Investors were not wrong in sending WISH stock, a one-time meme stock favorite and busted growth story, from as much as $32.85 per share to around $3 per share. Furthermore, I opined there
Gifts to charity are one of the best tax-saving opportunities available. Not only does the charity benefit, but taxpayers enjoy tax savings by deducting part or all of their contributions on their tax returns. For 2021, special rules extend and expand the generous tax treatment for qualifying cash contributions previously allowed nonitemizers in 2020. Nonitemizers
According to Wall Street Journal, the total value of mergers and acquisitions (M&A) in 2021 was $5.7 trillion, 64% higher than the year prior. As we consider the year ahead, I thought it would be fun to speculate about some of the biggest M&A deals of 2022. According to WSJ, 59,748 deals closed in 2021
China has passed two new rules regulating technology companies’ overseas activities and use of algorithms, marking the latest step by Beijing to rein in the country’s massive internet sector. The country’s top internet watchdog, the Cyberspace Administration of China, said Tuesday that it and several other authorities passed a revised version of the Cybersecurity Review
Upstart (NASDAQ:UPST) has tumbled over the last few weeks. Meanwhile, as UPST stock has fallen, the macro picture for growth stocks has improved. Source: Postmodern Studio / Shutterstock.com As time has gone on, I’ve also become even more bullish on this company’s longer-term growth outlook. Consequently, I recommend that long-term investors buy shares of Upstart
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla surged 7.4% in the premarket following news that it delivered 308,600 vehicles during the fourth quarter, well above the consensus estimate of 263,026. The quarter’s deliveries were 70% above year-ago levels and about 30% higher than the prior quarter.
Although it may still be in its infancy, the potential for growth in the legal marijuana sector has many investors and taking notice. Funding platforms with the goal of supporting marijuana-related startups are on the rise, and many of them have Silicon Valley veterans at the helm. Among the primary factors now attracting investors to the still-fledgling cannabis
Matterport (NASDAQ:MTTR) is one of the most fascinating new tech companies to emerge from the recent special purpose acquisition company (SPAC) boom. The firm is pioneering a new business model that involves offering geospatial services to landlords and retail business operators. As is often the case for names with emerging, new technologies, MTTR stock has
““Just in case s— over at Twitter gets even dumber, I’m here [on GETTR] now as well. Rejoice!”” That was Joe Rogan introducing himself on GETTR on Sunday. The popular podcaster became one of the latest boldfaced names to open an account on the far-right social media platform over the weekend — the same day
Facebook Inc. did more than a simple name change when it took on the Meta Platforms (NASDAQ:FB) moniker. It also put an emerging trend (the metaverse) on the map. Doing so didn’t give FB stock much of a boost. Source: Blue Planet Studio / Shutterstock.com It did help spark enthusiasm for several more speculative cryptos and stocks, as