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Why BTC Has Further to Fall
More trouble is brewing in the world of digital currencies… The rout in the digital asset market has been happening for a while, but we are now starting to see how plunging coin prices are affecting real companies in the space. After suffering big losses in various coins, digital asset hedge fund Three Arrows Capital …
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Watchlist Update: Certain Stocks Starting to Show Promise
It is vitally important to watch which stocks are making highs when the market is making lows. This is usually the next group of market leaders that can advance several hundred percent once the next bull market begins. Chemical, shipping and energy stocks were the clear leaders in 2022. But their reign quickly came to …
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Watchlist Week of June 27th, 2022
Chinook Therapeutics, Inc. (Long Idea) Chinook Therapeutics, Inc. (KDNY) is a biotech stock coming out of a two-year base pattern. Here’s how the chart is setting up… And here’s how the stock is setting up with my Stock Surge Indicator (SSI)… Surge score: 97/100 % Above 52-wk low: 79% Sales growth: +671% Return on Equity: …
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Why Mark Zuckerberg Just Shut Out Apple and Google
The last time we talked about Facebook, the stock had just plunged 26% overnight following a very disappointing earnings report. But a lot more has happened since then… Ever since a whistleblower released internal company memos showing how the platform causes mental harm to children last year, the company has been busy rebranding itself. As …
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What the Market’s Second-Worst Start to a Year Tells Me Today
As I was browsing through Twitter the other day, I came across an interesting statistic. According to one popular analyst, Charlie Bilello, historical returns show that this is the second-worst start to a year for the S&P 500 index. The only other time the S&P dropped more during the first 116 trading days of the …
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10 Stocks That Have Gone Nowhere for the Last Two Years
During the depths of the pandemic, the Federal Reserve cut interest rates to zero to help save the economy. The market went into a buying frenzy, and many stocks doubled, tripled or more from the 2020 bottom to the recent highs. Two years later, the Fed is ramping up interest rates and will possibly send …
The post 10 Stocks That Have Gone Nowhere for the Last….