What Is the Double Top Reversal Pattern? -You need a prior trend that is positive in order for it to be a reversal -There are usually two points that force a stock to reverse -As the stock climbs upward, it hits the first top, the stock goes down (sentiment is saying the stock is too
Mortgage rates hit all-time lows repeatedly in 2020 and through early 2021 amid the impact of the COVID-19 pandemic. Rates have started to drift higher over the last few weeks and may continue to rise modestly through the year. If you’re thinking of getting a mortgage or refinancing the one you already have, there are
Rising demand for lithium from Tesla and other electric car makers is sending the lithium ETF higher (TSLA, LIT). Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID Global X Lithium ETF: https://www.zacks.com/funds/etf/LIT/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
In this article EHTH MGLN Terry Vine | DigitalVision | Getty Images Company: eHealth Inc. (EHTH) Business: eHealth is a health insurance marketplace with a technology and service platform that provides consumer engagement, education and health insurance enrollment solutions. Their mission is to connect every person with the highest quality, most affordable health insurance and
Take a look at some of the biggest movers in the premarket: Intel (INTC) – Intel said it would spend $20 billion to build two new plants at existing facilities in Arizona, in an effort to grab more market shares and fill gaps created by a worldwide chip shortage. Intel aims to start production at
Nano Dimension (NASDAQ:NNDM) stock represents a company in the burgeoning tech hub of Israel. The company operates in a niche of the 3D printing sector. Source: shutterstock.com/Alex_Traksel NNDM stock has risen over the last half a year, yet operational results indicate a fundamentally troubled company. Nano has raised a lot of money, and now is
With the press coverage of Reddit group r/WallStreetBets, some traders are hunting for the next big meme stock. Moreover, there’s been speculation that the next Reddit run-up target could be real estate loan originator UWM Holdings (NYSE:UWMC). But, is this the only reason to own UWMC stock? Source: Shutterstock Wagering your hard-earned capital on a Reddit-fueled
Castor Maritime (NASDAQ:CTRM) stock is fairly alluring. The company is a shipping operator that is aggressively growing its fleet. There is a logical, if speculative, economic argument underpinning an investment in shipping stocks. Source: Pavel Kapysh / Shutterstock.com The company now has a fleet in excess of a dozen ships. CTRM stock is currently trading
In this article BA NOC SPCE RTX GNPK SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA The National Aeronautics and Space Administration last year marked two decades of astronauts continuously onboard the International Space Station. But, as the floating research laboratory ages, the space agency is turning
In this article MO PRGS NIO LYFT UBER ROOT MSFT F NLY MSGN MSGE BOWX WFC C BAC JPM ZM Take a look at some of the biggest movers in the premarket: BowX Acquisition (BOWX) – The special purpose acquisition company will take office-sharing company WeWork public in a deal worth $9 billion, including debt.
The electric vehicle (EV) market is cooling off, and so is investor sentiment on ElectraMeccanica Vehicles (NASDAQ:SOLO). After reaching a closing high of $9.48 in early February, SOLO stock is down more than 30%. Source: Luis War / Shutterstock.com I’ll give the company this. It can’t be accused of not offering something different. In this
Apex Technology Acquisition (APXT) was formed by Bessemer Venture Partners, which has been active as a venture capitalist in Silicon Valley since 1975. (Bessemer was founded in 1907 as the family office of a steel magnate.) APXT stock represents a special purpose acquisition company (SPAC). Source: NESPIX / Shutterstock.com Apex is using SPACs to take
I’ve been handed another assignment to cover a stock I’ve never heard of. Apparently, Gevo (NASDAQ:GEVO) specializes in next-generation zero-carbon-emission fuels for planes, trains and automobiles — I made that last part up because I love John Candy movies — and is a business I ought to know about. More importantly, GEVO stock is up more
On today’s show, Preston and Stig talk to leading Bitcoin expert, Dr. Saifedean Ammous about how Bitcoin works and what problems it attempts to solve. Dr. Ammous is the author of the Bitcoin Standard. IN THIS EPISODE, YOU’LL LEARN: – Why a higher demand for Bitcoin indirectly makes the currency more secure and in turn
In this episode of hungry for returns, we are going to talk about at the money, in the money and out of the money when it comes to trading options, and which is the best for day trading options without leaving any positions open overnight. #daytrading #tradingoptions #moneyoptions #optionstraining #tradingclass Posted at: https://tradersfly.com/blog/day-trading-options-hfr-3/ ? GET
What are the best ways to improve your financial literacy? Whether you live for elaborate investment maneuvers and tax-shielding strategies–or have a hard time distinguishing ETFs from HSAs–it’s important to both know the basics and learn the resources that let you make financial decisions with the best information If you’re already expert at the art
Kevin Matras looks at increasing P/E ratios, and how to find those that have increased less than the market but with outperforming growth rates. Stocks highlighted include HANS, IXYS, NTRI, SNWL and STRL.
In this article MAXR SZU-DE Maxar Technologies Satellite images give a unique vantage point of the stuck ship Ever Given, as crews work to free the mega container vessel that’s been blocking the Suez Canal for four days. Maxar Technologies‘ WorldView-2 satellite captured high-resolution images on Friday morning, with a close-up look at the dredging
In this article .SPX .DJI Traders work on the floor of the New York Stock Exchange. NYSE Stocks could be buffeted by end-of-quarter trading in the week ahead, as pension funds and other big investors buy bonds and sell stocks to rebalance their portfolios. The dramatic move higher in bond yields this quarter sets up
Marijuana stocks are losing steam after soaring to record highs in response to Joe Biden becoming President of the United States. Many hoped that, with Democrats gaining control of the White House and Congress, cannabis reform would become a priority. On Feb. 27, Virginia lawmakers even greenlighted legislation that would legalize recreational marijuana by 2024.