Vertigo3d My history charting Wall Street’s latest darling stock is pretty straightforward. There have been financial markets I have charted in, particularly during bear markets that, have come within dollars of their targets. Not Nvidia (NASDAQ:NVDA), it has shown its wave pattern hand and landed or in the latest bullish cases, exploded to target each…
hapabapa/iStock Editorial via Getty Images Cisco Systems, Inc. (NASDAQ:CSCO) is looking very well-positioned after beating analyst expectations in the company’s most recent earnings report, despite showing the largest declines in revenue seen in 15 years. During the fiscal third-quarter period, Cisco recorded per-share earnings of $0.88 (surpassing analyst estimates of $0.82) alongside revenues of $12.7…
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cemagraphics Last weekend’s article warned to get “Ready for the Squeeze” and concluded there are “good odds of a move higher” in the S&P500 (SPY). This played out to a point, but the move higher exceeded my expectations and now looks more than just a short squeeze. Wednesday’s session had a chance to form a…
cemagraphics An eventful week ended in little net movement – the S&P500 (SPY) closed just +28 points higher. However, the combination of a dovish FOMC and softer labor market readings did help drive a strong Thursday and Friday. The lack of a further rally could simply be a case of stopping the clock on the…
S_Z Apple, Inc. (NASDAQ:AAPL) was largely able to quell market fears into the end of last week, as the iPhone producer released a quarterly earnings report that slightly beat prior estimates (both in terms of income and revenue) and announced the largest share buyback program in the company’s history. But while these results technically fall…
cemagraphics Last weekend’s article was titled “Capitulation” and speculated that the S&P500 (SPY) had made a short-term bottom at the futures low of 4924. It concluded, “5048-5050 is the initial target, but should eventually break for 5108.” That largely played out as the high of the week came in at 5114. However, this was likely…
vzphotos Alphabet, Inc. (NASDAQ:GOOG) shares are seeing a massive spike higher, as the tech giant’s first-quarter earnings release showed better-than-expected results in both revenue and earnings. On the revenue side of the equation, Alphabet saw strong annualized growth rates of 15% (which is the best quarterly performance that the company has reported since the beginning…
cemagraphics Escalations in the Israel/Iran conflict ensured the “new phase” in the S&P500 highlighted in last weekend’s article continued lower as expected. The break of 5048-56 suggests a large correction should eventually target an undercut of 4818. While this is a useful medium-term expectation, it leaves a lot of unanswered questions in the near-term. Perhaps…
Boy Wirat I’ve only recently returned from several weeks in Argentina. I didn’t have access to my charts, and besides, I was rather more interested in people, food, and wine than in blogging. Time now to catch up on the market’s latest focus: Is inflation still stubbornly high? Does the Fed need to tighten more?…
cemagraphics It’s been two weeks since my last article, and there have been some significant developments. On the macro side, “higher for longer” rate expectations are back and the first cut is now expected in September rather than June or July. On the technical side, the S&P 500 (SPY) has finally broken its trend channel…
filo Article Purpose Historical results are among the first things many investors consider when analyzing ETFs. Except for contrarians, investors search for funds with solid one-year, three-year, and five-year returns, as this is evidence the strategy can work, notwithstanding macroeconomic changes or changes in the portfolio’s composition. But you might be wondering how well this…
Ralf Hahn Focus of Article: The focus of this two-part article is to provide a very detailed analysis comparing Rithm Capital Corp. (NYSE:RITM) to 19 other mortgage real estate investment trust (mREIT) peers I currently fully cover. I am writing this two-part article due to the continued requests that such an analysis be specifically performed…
Eoneren By Levi at Elliott Wave Trader; Produced with Avi Gilburt. Back in November of last year, we highlighted a bullish setup for Infosys Limited (NYSE:INFY) to the readership. Using the NYSE-listed symbol INFY, the price was at $17.51 at the time of publication. The stock advanced up to $20.74 before beginning the current pullback….
Imagesrouges/iStock via Getty Images Bonds and fixed-income securities have become much more popular investments these past few years, as Federal Reserve hikes have led to much higher yields. Bonds and bond funds vary, with different characteristics including maturities and credit risk. In this article, I’ll be comparing short-term and long-term bonds, looking at how their…
monsitj Bristol-Myers Squibb, Inc. (NYSE:BMY) is in the health care sector and in the pharmaceutical industry. While not a factor in my analysis of the company, BMY is expected to have 2024 annual revenue of $45.85B and annual earnings per share of $6.83. BMY is also yielding a safe 4.43%. In this article I will…
cemagraphics The S&P500 (SPY) ended Q1 and the month of March at 5254. It has gained 28% in less than six months and now has a PE ratio of 24.6. How can anyone buy this high?! Actually, it’s not that difficult; the key is to blank out how overvalued you think it may be, or…
Michael M. Santiago Thesis My last article, published in Oct. 2023, argued for a BUY thesis on Goldman Sachs Group (NYSE:GS) when it was trading near its tangible book value at that time. As argued in our article: Buying good banks such as GS at (or near) their tangible book value (“TBV”) is a no-brainer…
monsitj In this article I outline how I will allocate the money in my retirement fund for the month of April. I will use the 10-month exponential moving average (EMA) and a relative strength ratio to determine where my money will go among four ETF choices: SPDR S&P 500 ETF (NYSEARCA:SPY) , Vanguard Extended Market…
hapabapa Was March 8th the blow-off top? The VanEck Semiconductor ETF (NASDAQ:SMH), which tracks the performance of the MVIS US Listed Semiconductor 25 Index, is possibly forming a blow-off top pattern. After a sharp reversal on March 8th, SMH bounced weakly in reaction to the Fed’s dovish meeting, which appears to be a “lower high..”…
Mihaela Rosu Thesis The thesis of this article is very simple. I will argue that Verizon Communications Inc. (NYSE:VZ) is now well poised to break a multi-year downward trend. The argument will be supported by both fundamental and technical analyses. Fundamentally, the stock presents a compelling investment opportunity under current conditions combining excellent value (with…
allanswart Vistagen Therapeutics (NASDAQ:VTGN) has proprietary platform technologies to discover and develop drugs that could redefine the treatment of mental health disorders. With a potential NDA-enabling Phase III program already funded, Vistagen is approaching some significant milestones that could be potent catalysts for the ticker. Moreover, the company’s deep pipeline of neuroscience candidates, each targeting…
Jae Young Ju By Levi at Elliott Wave Trader; Produced with Avi Gilburt. Someone we consider among the preeminent fundamental analysts in the financial world affirms that Tesla, Inc. (NASDAQ:TSLA) stock predominately trades on “sentiment and technicals.” This is our own Lyn Alden. Now, if you dig a bit deeper, you will next discover that…
cemagraphics The S&P500 (SPY) made a lower high this week for only the second time since the rally started back in October 2023 and the first time since the week of 2nd January. This is another shift in behaviour to add to those outlined in last weekend’s article and there is growing evidence the bulls…
MF3d Investment Thesis The VanEck Semiconductor ETF (NASDAQ:SMH) has performed remarkably over the last five years. The fund’s low expense ratio and fees combined with close replication of what has been a massively lucrative industry has generated superb returns for shareholders. However, an increasingly bearish macro combined with what I believe is a potential overvaluation…
NicoElNino/iStock via Getty Images Both BCE Inc. (BCE, BCE:CA) and Vodafone (VOD) telecommunication companies are struggling, this article is to show how they compare and that they might soon have the same 8% yield. I give a Rose recommendation for owning them and what action I might take. I wrote how BCE was struggling in…
cemagraphics The S&P 500 (SPY) worked its way to another new all-time high of 5189 this week, just above the Fibonacci target of 5179 outlined in my last article. To be honest, I nearly shut down my screens early on Friday as it surged higher – after all, 16 out of the last 18 weekly…
Sundry Photography We just added Applied Materials (NASDAQ:AMAT) to our Robo24MP Model Portfolio because it has our proprietary SID Buy Signal which is required to get into this portfolio. With this Robo portfolio we delete stocks when they lose our SID Buy Signal and replace them with stocks that have a strong SID Buy Signal….
cemagraphics Last weekend’s article detailed a “Window for a Reversal” for the S&P500 (SPY) after it tested the 5107-12 target. It’s tempting to get carried away when a market stops exactly where you thought it would and drops 50 points, but there were two key things needed to confirm a reversal – a break of…
Jacob Wackerhausen Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) reported strong financial growth in Q4 and full year 2023 which sets the stage for future growth in coming years. This strong growth is observed using the quarterly and yearly revenues, operating income, operating margin and net income. Alphabet is continuously involved in AI development and is poised to further…
Yuichiro Chino/Moment via Getty Images The S&P 500 (SPY) blew off to new all-time highs this week, mirroring the projections outlined in last weekend’s article. Not only did the index “take a step back on Tuesday’s re-open and drop to test the 4950-60 area,” it then rebounded to the target area at “the cluster of…
georgeclerk/E+ via Getty Images Return Reaches Extreme The Thursday 105 point rally in the S&P 500 (SP500) pushed the collective returns over periods of 12.5, 25, 50, 100 and 200 trading days to an extreme percentile of 0.992. This level has only been reached 0.8% of the time in the last 20 years. It’s certainly…
Katsumi Murouchi/Moment via Getty Images Gold (XAUUSD:CUR) (GLD) is currently trading at a crucial spot right now, with high potential for an explosive breakout higher. Regular readers will know I have been calling for gold prices to surge assertively above the $2,100 level in the longer term, paving the way for the start of a…
fotofrog Nvidia Corporation (NASDAQ:NVDA) is in our 2024MP Model Portfolio. We thought about selling before Q4 earnings were released, but here is why we did not. First and foremost, NVDA had our SID proprietary Buy Signal. It was not just a Buy Signal, but a very strong one at 94 out of 100 where 80…
monsitj In this article I outline why I think CleanSpark, Inc (NASDAQ:CLSK) is a buy with an opportunity to almost double an investor’s money. I will explain my thesis by analyzing price action, a chart pattern, momentum, volume, and relative strength all on a weekly time frame. Let’s examine the chart. Chart 1 – CleanSpark…
Kira88/iStock via Getty Images Fundamentals: This report discusses the recent fluctuations in gold prices and the events that shaped them over the past week. Initially, gold prices remained relatively stable around $2030/oz as investors awaited the first FOMC meeting of 2024. It was widely believed that the Federal Reserve would not announce an early-year rate…
Justin Sullivan Apple Inc. (NASDAQ:AAPL) is a great company, held in almost every portfolio, including Warren Buffett’s, but it is underperforming the S&P 500 Index (SP500), and that is a problem for portfolio managers who want to beat the Index. AAPL is overvalued and priced to perfection because it is still considered a growth company…
Justin Sullivan/Getty Images News Almost two years ago, we published a bullish article on Home Depot (NYSE:HD) titled: “Home Depot: Use The Dip To Climb Aboard This Long-Term Wealth Compounder“, where we covered the company in depth. In the piece, we analyzed the company’s consistent long-term top- and bottom-line growth profile, leading market position, and…
Justin Paget Introduction With this article, I would like to expand the tickers I have so far covered on SA. However, the stock market is huge, so this year I made the choice to publish and integrate what I have done so far on SA with a niche that not many SA readers may know…
cemagraphics The S&P500 (SPY) has finally done it – a break to new all-time highs following the 2023 break-outs of the Nasdaq (QQQ) and Dow Jones (DJI). Furthermore, it did so against a backdrop of rising yields and falling odds of a March cut. But is this just a “fake-out” to squeeze out bears, or…
da-kuk Introduction “Chip stocks,” or companies that produce semiconductors and computer hardware, are very hot on Wall Street and have been for the last decade with seemingly no stopping in sight. It’s no wonder then that the iShares Semiconductor ETF (NASDAQ:SOXX) has also been on a tear and has made investors eager to “invest in…
marrio31 Investors heeding my “hold” rating on the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) in my last analysis “SPY: An Early Contrarian Opportunity” published on October, 10, 2023 benefited from substantial positive momentum, marked by a strong trailing support and relative strength. Anticipating a 10% return with low risk, they capitalized on SPY’s brief dip…
Stefonlinton/iStock Editorial via Getty Images Fastenal (NASDAQ:FAST) is set to announce its earnings on 1/18/2024 before the market opens. The consensus among analysts predicts an EPS of $0.52. In this article, I will get into analysts’ expectations, my own EPS forecast, and explore potential strategies to capitalize on this earnings announcement. Typically, Fastenal, like many…
cemagraphics The S&P 500 (SPY) exceeded the 2023 peak this week and the reversal pattern pointed out in last weekend’s article failed. Technical analysis identifies what the major market-moving participants are doing. If they are on holiday, like they were at the December peak, the signals are less reliable. This article will look at what…
SweetBunFactory After a slight pullback in equities from December highs, the markets appear to be on the cusp of reversing higher. Two sectors are leading this recovery – semiconductors and cybersecurity. These two sectors led the equity markets higher in October, helping to put in a bottom for the indices S&P 500 (SPY) and Nasdaq…
monsitj The S&P 500 (SPY) made a 16.8% rally in just forty two sessions into the 27th December high. Amongst the euphoria and holiday cheer dovish expectations got excessive – according to the CME Fedwatch tool markets assigned a 73.8% chance of a 25bps cut in the March FOMC meeting, and a questionable 16% chance…
tadamichi The S&P 500 (NYSEARCA:SPY) had a nice move higher in 2023, gaining about 25%. However, the market doesn’t increase without corrections along the way. Even 2023 had two 10% corrections between February and March and again between July and October before the end of year rally higher. The market is dropping from an overbought…
imaginima Summary Seeking Alpha Quant rates FDN as a buy; FDN has performed very well during this stock market rally. I agree with the Seeking Alpha Quant and rate FDN as a buy. FDN First Trust Dow Jones Internet Index Fund ETF First Trust Dow Jones Internet Index Fund is an exchange traded fund launched…
jonya Focus of Article: The focus of this two-part article is to provide a very detailed analysis comparing Rithm Capital Corp. (NYSE:RITM) to 19 other mortgage real estate investment trust (mREIT) peers I currently fully cover. I am writing this two-part article due to the continued requests that such an analysis be specifically performed on…
metamorworks Summary Seeking Alpha Quant ranks Direxion Daily Dow Jones Internet Bull 3X Shares ETF (NYSEARCA:WEBL) among the top ETFs in the class of equity-leveraged funds. The recent decrease in inflation strengthened the broad stock market rally. The internet industry is one of the top performers in the new rally. We believe that the current…