ur stock today popped above a key resistance level, which means higher prices should come, as long as breakout level holds and the market continues its march upward. After selling off over night due to some lack luster earnings reports,…
2 FAANG Stocks Staging A Comeback
The fabled group of five large-cap tech businesses, so-called FAANG — Facebook (currently Meta Platforms), Amazon, Apple, Netflix, and Google (currently Alphabet) — dominated the stock market through late 2021. However, a challenging macroeconomic environment in 2022, characterized by stubborn…
Why Wall Street is Cheering Layoffs
The part of Fed Chairman Powell’s inflation fighting plan I’ll never understand is how he is basically rooting for people to lose their jobs as a means of alleviating wage pressure. The question of wealth inequality aside, is it really…
E-Commerce Giants Sets Up For A Big Move
We start off today by gaining our bearings on where the market is at. Before you do any analysis on any stock in particular, you need to look at the overall market to see where it’s at and where it…
6 Reasons to Become Bullish Now
I was not the first guy to get bearish in 2022, but by May I got the memo just in the nick of time. This led to a major shift in my portfolio that allowed me to profit on the…
How My Favorite Income Idea Became Internet Famous
I keep track of the income-focused investments other writers recommend across the Internet. It is interesting to see what they report when one of my Dividend Hunter recommendations becomes a “hot idea” in the financial press. Recently, at least a half…
