Stock Market

Often, critics of technical analysis will take the Ron Paul approach to blasting the discipline. The retired congressman loved saying that the U.S. Federal Reserve isn’t federal and it has no reserves. Similarly, naysayers might say technical analysis is neither technical nor an analysis. If so, that wouldn’t present the most comfortable picture of Crypto.com

You don’t have to dig too deep to encounter the mantra that everyone loves repeating: electric vehicles are the future. Through simple deduction, if EVs are the future, then the infrastructure to support the electrification of transportation is also the future. And voila! You have EVgo (NASDAQ:EVGO), a charging station provider. You couldn’t ask for

China-based electric vehicle company Nio (NYSE:NIO) kicked off the new year by reporting deliveries more than doubled in 2021, causing NIO stock to pop nearly 6% on the first trading day of the year. While shares pared those gains today, NIO stock is likely to do well in 2022 if the EV maker can continue

Major social media platforms have been dominant monopolies for a long time. But in recent years, there has been a growing number of people discontented with these platforms. A lot of conservative-leaning individuals have been feeling censored by the big tech. Source: Dmitry Demidovich/ShutterStock.com This has created an opportunity for companies like Rumble, slated to

According to Wall Street Journal, the total value of mergers and acquisitions (M&A) in 2021 was $5.7 trillion, 64% higher than the year prior. As we consider the year ahead, I thought it would be fun to speculate about some of the biggest M&A deals of 2022. According to WSJ, 59,748 deals closed in 2021

Novavax (NASDAQ:NVAX) still remains poised to sell its vaccine for the coronavirus to many countries around the world, likely enabling it to generate very strong revenue in 2022 and possibly into 2023. Yet NVAX stock has fallen sharply in recent days. Source: rarrarorro / Shutterstock.com That makes the shares very attractive for medium-term investors. Shares

Electric vehicles are taking over the world. You know that. I know that. The market knows that. We all know that. Source: Shutterstock Consumers want to drive electric vehicles these days, with 60% of today’s prospective car buyers wanting to buy an EV. Lawmakers want you to drive an EV, too, as more than 200

Emerging fintech firm SoFi Technologies (NASDAQ:SOFI) is consolidating at the $15 a share level. After breaking out in October, only to peak at over $20 in November, SOFI stock is near $15 again. The Federal Reserve’s rate heightening policy spooked fintech investors. A sell-off in mega-cap electronic payment processing firms did not help matters, either.

Investors in Cloudflare (NYSE:NET) stock are finding life in the middle to be baffling. In the past 12 months, NET stock was being overlooked for reasons that I would have to guess had to do with investors chasing other sectors. Source: IgorGolovniov / Shutterstock.com But that all changed in early summer. As our Louis Navellier points out

With Meta Platforms (NASDAQ:FB) stock facing dangerous threats and unlikely to generate big returns for investors over the next year or two, I don’t believe that the shares are a buy for any type of medium-term or long-term investor. Meta Platforms is the company formerly known as Facebook. Source: Chinnapong / Shutterstock.com Among the biggest risks

Electric vehicle startup Lucid Group (NASDAQ:LCID) has seen some wild swings in recent months. Between mid-October and mid-November, LCID stock more than doubled in price before quickly reversing and falling more than 30% into its early December low. Source: ggTravelDiary / Shutterstock.com The sell-off included an 18% single-day drop on news the U.S. Securities and

Canoo (NASDAQ:GOEV) stock hasn’t performed as expected.  Source: shutterstock.com/rafapress After mid-November’s news that it was setting up shop in Arkansas and Oklahoma and the upward revisions in its production guidance for 2022 and beyond in mid-December, you would think all of this would send GOEV stock flying higher. That’s simply not the case. Since the same-day news

2021 was a tough year for financial technology (fintech) stocks. But in terms of losses, none of them hold a candle to StoneCo (NASDAQ:STNE). While major plays in this space are down around 20% for the year, STNE stock is down about 80%. Source: FOTOGRIN / Shutterstock.com What’s behind this Brazil-based payment processor’s tremendous drop in

Palantir (NYSE:PLTR) stock is a thoroughbred growth stock. It has an asset-light business model, solid government contracts, and a staggering amount of cash. Source: Ascannio / Shutterstock.com In recently reported earnings, it hit the ball out of the park once again. Both revenue and earnings figures beat analyst estimates. And guidance was also upbeat. Then

It’s been a stressful year for pot-stock traders, to say the least. A case in point would be Canadian cannabis company Sundial Growers (NASDAQ:SNDL), as SNDL stock dropped almost as quickly as it popped in 2021. Source: Jetacom Autofocus / Shutterstock.com Part of the problem is that the market has been fickle lately. One month, Reddit traders are pushing

Meme stocks took the market by storm at the start of the year only to peak by February 2021. On Reddit’s subgroup, WallStreetBets (or WSB), ContextLogic (NASDAQ:WISH) stock defied reality when “wish” became a meme play. Source: sdx15 / Shutterstock.com Wishing WISH stock would become the next Amazon.com (NASDAQ:AMZN) ended in disappointment. Had WSB members

Fisker (NYSE:FSR) made a big announcement on Dec. 20. While the news probably won’t do anything for FSR stock, I think it’s cool.  Source: Eric Broder Van Dyke / Shutterstock.com According to its press release: “Fisker will launch exclusive digital art NFTs of original pen-on-paper sketches from the hand of Founder and Chief Designer, Henrik

Rocket Companies (NYSE:RKT) wants to be known as a fintech company. That’s why it recently spent $1.3 billion buying Truebill, a personal finance app. But RKT stock financials don’t read like those of a fintech. Source: Lori Butcher / Shutterstock.com Even when the company beats estimates, as they did in the third quarter, this is

After a sharp move lower, Matterport (NASDAQ:MTTR) stock is bouncing back. “Meta madness” sent it zooming higher in November. But with the omicron and Federal Reserve fueled growth stock selloff earlier this month, investors bailed on this spatial data platform operator. Source: Matterport Trading for as much as $37.60 on Dec. 1, it fell to as

At one point, Skillz (NYSE:SKLZ) stock was supposed to be the hot new thing in the online gaming industry. By letting players compete for real cash prizes, it would bridge the gap between gambling and e-sports. Or that was the idea, anyway. Source: NYCStock / Shutterstock.com Skillz stock hit $46 at one point early in