By Lizzy Gurdus, CNBC Big Tech is coming up on a big week. A slew of large-cap tech giants including Apple, Microsoft, Alphabet, Facebook, Twitter, Amazon and others are gearing up to report earnings in the coming days. But with uncertainty abounding around the group's massive year-to-date stock gains and Congress' crackdown on some of its largest players, it may be worth considering a hedge heading into the rush of results, Todd Gordon, the founder of TradingAnalysis.com, said Thursday on CNBC's "Trading Nation." "We're seeing a little bit of a pause in technology," he said. "Perhaps like you, I have a lot of technology exposure. I've enjoyed some very nice gains. ... And you might be having a little bit of an uneasy feeling heading into all these events that could particularly impact the market, and you say, 'What do I do? Do I cut back my exposure? Do I… more
By Keris Lahiff, CNBC Apple just unveiled its latest iPhones that support 5G cellular networks in a highly anticipated but well telegraphed event. Investors have high hopes that this could trigger the next big upgrade cycle for the company. Todd Gordon, founder of TradingAnalysis.com, said past upgrade cycles suggest the stock could have more upside ahead. "June 2007, that was... more
By Keris Lahiff, CNBC Onetime high flyer Lululemon has run into trouble over the past month. The stock has fallen 17% from a Sept. 2 high with losses accelerating even after an earnings report that topped analysts' estimates. The stock remains more than 40% higher for the year. Todd Gordon, founder of TradingAnalysis.com, says strong demand should help Lululemon recapture... more
By Lizzy Gurdus, CNBC Tesla's Battery Day was highly anticipated but was disappointing to many. Deutsche Bank Research, however, upgraded Tesla's stock on Wednesday to a buy on what it saw as a significant technological lead versus other automakers. On the other hand, Baird named the stock a "bearish fresh pick" on a "lack of upcoming catalysts." Then there were... more
– Apple stock is rebounding from the recent low. From peak to trough, the shares are down 25%. Here's how the charts set up now. – By Bret Kenwell, TheStreet.com Apple (AAPL) has been in focus in recent trading, as the shares have been faltering. In fact, most of big tech has been in focus as Amazon (AMZN), Alphabet (GOOGL)... more
By Tyler Bailey, CNBC Options traders are positioning themselves for big gains in Walmart after the company launched its subscription shopping service Walmart+ on Tuesday. The company has said that the service isn't designed to go head-to-head with Amazon's Prime service, but at $98 per year, compared with Prime's $119 price tag, it may not have to. After sustained –... more
By Keris Lahiff, CNBC Semiconductor stocks have suffered losses this week as part of the broader tech sell-off, but one trader is betting on a recovery and eventual breakout in one name. Todd Gordon, managing director of Ascent Wealth Partners, is betting on Skyworks Solutions, which largely makes cellphone chips, as a play on the 5G rollout. "They're trying to... more
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!