Do you think quadruple-digit winners are just fish tales from traders looking for a bit of an ego boost? Admittedly, such trades are few and far between. They're not impossible though. We know it, because we just made one. You can find these setups too. Not all of them will do this well. Indeed, most of them won't even come...
Do you think quadruple-digit winners are just fish tales from traders looking for a bit of an ego boost? Admittedly, such trades are few and far between. They're not impossible though. We know it, because we just made one. You can find these setups too. Not all of them will do this well. Indeed, most of them won't even come...
By Keris Lahiff, CNBC Tesla is under pressure again this week, but TradingAnalysis.com founder Todd Gordon says that spells opportunity for savvy investors to build out a position. Speaking with CNBC's "Trading Nation" on Thursday, he said the long-term prospects for Tesla look strong and he predicted that CEO Elon Musk's electric vehicle maker will marry with his space exploration...
By Keris Lahiff, CNBC Oil's rally is hitting the gas. West Texas Intermediate gained another 1% on Wednesday, pushing it well above $68 a barrel, after OPEC+ doubled down on its decision to ease supply restrictions through July to keep up with demand. As WTI crude traded at its highest level since October 2018, energy stocks rallied alongside it. The...
— Shares of Etsy are rallying toward one-month highs after its $1.63 billion purchase of Depop. How long can the rally last? — By Bret Kenwell, TheStreet.com Etsy (ETSY) stock is ripping higher on Wednesday, up almost 8% on the day. The rally comes amid a mixed day in the market, while meme stocks like AMC Entertainment (AMC) surge. So...
It was a less-than-thrilling effort, but stocks tacked on enough gains last week to get then over key technical humps that were a bit problematic a week earlier. Still, they were losing steam all the way up, logging closes closer to the lower ends of the daily ranges than the higher ends. Part of that can be chalked up to...
It was a less-than-thrilling effort, but stocks tacked on enough gains last week to get then over key technical humps that were a bit problematic a week earlier. Still, they were losing steam all the way up, logging closes closer to the lower ends of the daily ranges than the higher ends. Part of that can be chalked up to...
The broad market's still in bullish mode, but it's a struggle. And, it's more of a struggle for the NASDAQ's listing than the NYSE's. Moreover, the NASDAQ's biggest and most influential names – the so-called FANG stocks – are showing the most cracks of all. Three of them are on the verge of serious technical breakdowns, in fact, which could...
The broad market's still in bullish mode, but it's a struggle. And, it's more of a struggle for the NASDAQ's listing than the NYSE's. Moreover, the NASDAQ's biggest and most influential names – the so-called FANG stocks – are showing the most cracks of all. Three of them are on the verge of serious technical breakdowns, in fact, which could...
– AMC Entertainment continues to rip higher as bulls put on the short squeeze. How high can the stock go? Let's look. – By Bret Kenwell, TheStreet.com AMC Entertainment (AMC), GameStop (GME) and others are back at it. These Reddit stocks have been red hot and are starting to squeeze higher with strong upside rallies. As these so-called meme stock...
