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Spot crude collapsed again on Tuesday, hitting a low of $47.28/bbl. Based on a major trend line and pivot support, traders are buying oil here for a helthy bounce. Note the chart below. Oil was...
Aluminum giant Alcoa (NYSE:AA) has been under severe selling pressure since April 2018. Back then, the stock traded as high as $62.35 a share. Since that high pivot, the stock has been selling off and...
The marijuana industry has been on fire lately. Politicians seem to be pushing more proposals to make recreational pot legal. Large companies like Constellation Brands (NYSE:STZ) and Altria (NYSE:MO)...
Shares of Stitch Fix (NASDAQ:SFIX) collapsed over 25% Tuesday on the back of poor earnings/guidance. The stock now finds itself trading below $20, down from a 52-week high of $52.50. While it appears...
As you know, all of the leading video game developers have been under selling pressure since October 2018. Video-game-developer stocks like Activision Blizzard (NASDAQ:ATVI), Electronic Arts...
Diagnostic testing and information services company to the healthcare industry, Quest Diagnostics (NYSE:DGX) fell sharply Thursday after lowering guidance. At one point, DGX lost 9.32 percent to trade...
Shares of Netflix (NASDAQ:NFLX) inched higher Tuesday as the markets float ahead of the G20. However any upside in the next few days should be viewed with skepticism. The stock chart signals Netflix...
A fair case can be made that since March 2009, investors could have bought every dip in the market and made money. In the 2008 recession the S&P 500 index bottomed on March 6, 2018 at 666.78....
As we all know, the leading home-builder stocks have been under severe selling pressure since late January 2018. Higher interest rates have been the catalyst for the decline in the sector. The Federal...
Crude Oil took another big hit on Tuesday as it continued the downhill slide that began in the beginning of October 2018. The United States Oil ETF (NYSE:USO) topped out at $16.25 at the start of...
Shares of Goldman Sachs (NYSE:GS) have taken a nose-dive in the last week. Goldman was trading north of $230 just days ago, and just before Monday's close, GS was at $205.72. A mix of worry over...
Shares of Bed Bath & Beyond (NASDAQ:BBBY) have fallen since 2014 with almost no bounce. Many expect it to follow Sears Holdings' (OTC:SHLDQ) lead and it may well years from now. But there is a...
The Nasdaq 100 surged following the Democrats retaking the House. The reason for the rally? Just days ago, President Trump threatened to file anti-trust cases against the big tech companies, claiming...
Leading manufacturer and marketer of cereal and convenient foods, Kellogg (NYSE:K), traded sharply lower Wednesday after reporting earnings. At one point, Kellogg's (NYSE:K) stock traded lower by 8%...
Microsoft (NASDAQ:MSFT) has been one of the leading tech stocks in 2018. Since the market correction began, this tech giant has come under severe selling pressure. The stock peaked on October 3 at...
Leading restaurant stock Shake Shack (NYSE:SHAK) has been falling with the major stock market indexes lately. This is a stock that I have been looking to own at the right price or chart pattern, but...
Leading Dow Jones Industrial Average component, United Technologies (NYSE:UTX), reported earnings on Tuesday that were well received by the street. Unfortunately, the stock is giving back all of its...