What is Overhead Supply? It is an area of resistance where there is more supply than you think. Example: If a stock is trading at $50 per share and has done a lot of trading at this level, eventually it will dip back down and may hit $20 per share. Many of the traders at
No, not the band ‘Iron Butterfly’. But the options strategy. Quite possibly one of the best strategies for a sideways market.
[Editor’s note: “4 Marijuana Stocks to Buy for the Big 2020 Rebound” is regularly updated to include the most relevant information available.] Coming into 2020, the bull thesis on marijuana stocks looked pretty compelling. Cannabis demand trends in Canada were set to improve on the back of more aggressive retail store openings and new product
Many investors keep General Electric (NYSE:GE) on their radar. They know GE stock well from its glory days and see it now trading in the single digits. At some point, there has to be value, right? Source: JPstock/Shutterstock.com Unfortunately, that’s a harder case to prove. General Electric has done a lot to overhaul its organization.
After some overnight futures drama regarding the trade deal between the U.S. and China, equities rallied hard. However, breadth wasn’t all that great. That said, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) Nvidia (NASDAQ:NVDA) spent the last month consolidating its gains in a
Facade with sign and logo at the La-Z-Boy furniture store in Pleasanton, California, April 16, 2018. Smith Collection | Gado | Getty Images Check out the companies making headlines after the bell. Dell Technologies, VMware — Shares of Dell Technologies and VMware spiked 18% and 10% respectively in after-hours trading on a report that Dell is looking
The stock market declined to finish off the week as worries about a second wave of the novel coronavirus in the US started to creep into the market. The unexpected plunge should give investors a healthy dose of reality, as volatility is likely to continue through the end of the year. But for long-term investors
Year-to-date, BP (NYSE:BP) shares are down about 38% hovering around $23 per share. Changing oil price dynamics affect earnings at energy firms. Oil companies benefit from rising oil prices. Brent crude prices started the year over $60 per barrel. Today, they stand at about $39 per barrel. Compared to April’s $20 levels, this is a much better
For several months, the reopening trade has been the stock market’s defining feature. It’s not about where earnings are today, but rather where they’ll be next year. In that environment, airlines, such as Delta (NYSE:DAL) stock were among the biggest winners. Source: Lerner Vadim / Shutterstock.com From a complete stop to business in March and
As Penn National Gaming works to reopen its casinos and gaming operations, Barstool founder Dave Portnoy is itching to return to his roots. Portnoy, an avid sports bettor who began betting on stocks after professional sports paused due to the coronavirus, told CNBC’s Jim Cramer he’s leaving the stock trading game behind when sports make their
Take a look at some of the biggest movers in the premarket: IHS Markit (INFO) – The financial information and analytics provider reported quarterly profit of 69 cents per share, 2 cents a share above estimates. Revenue was slightly short of forecasts as organic revenue fell 7%. The company said the quarter was “challenging” due
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we briefly talked about the difference between risks and rewards. We learned that the 10 year Federal Note
I want to share with you the advantages and disadvantages of being a day trader. If you want to trade stocks and looking to become a day trader, it’s important to understand what you’re getting yourself into and the advantages and the disadvantages. So in case you want to change and become a swing trader,
http://www.Zacks.com – Kevin Matras explains the PEG Ratio and how to use it for finding undervalued companies. Stocks highlighted include BUCY, DV, IMA, OSIS and SCHL.
How Does Recording of Real Estate Records Work? Just as in any transaction, keeping an official paper trail and record of any sale or change in ownership is an important part of verifying the history of a given property or purchase. Recording – the act of putting a document into official county records – is
I wrote critically about Virgin Galactic (NYSE:SPCE) on April 14 when it was at $19.03 per share. My article struck right at the main problem for SPCE stock — nothing will help the company stop losing money. Since then, shares have fallen below $17. Source: Tun Pichitanon / Shutterstock.com And I believe SPCE stock will
After a bumpy Friday and a lower open on Monday, U.S. stocks pushed higher again. That said, let’s look at a few top stock trades as we knock out the first trading day of the week. Top Stock Trades for Tomorrow No. 1: Invitae (NVTA) I have really liked Invitae (NYSE:NVTA) over the past few
After three-plus months of staying home, self-quarantines and general miserableness from the novel coronavirus, Americans are all too eager to get out of their houses and do crazy things — like going anywhere else. For investors, that means there are now some market opportunities to be found in downtrodden travel stocks to buy. Sure, the
In the March crash, BP (NYSE:BP) stock dipped below $20, hitting levels not seen since the mid-1990s. And while energy has regained a bit of lost ground, the situation still seems bleak. Source: FotograFFF / Shutterstock.com BP continues to trade below where it did during the financial crisis and also during the Deepwater Horizon environmental
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman, who made a killing this year by nailing the market bottom, on Monday disclosed plans for an initial public offering of a $4 billion blank-check company, which will target so-called “Mature Unicorns.” The new investment vehicle named Pershing Square