After leading 2023 as the S&P 500 index’s best performer, Nvidia (NVDA) is picking up where it left off to start the new year. The stock has climbed nearly 14% in the past week and is up more than 2% in Wednesday morning’s trading session. This recent breakout puts its market cap at $1.3 [...]
Shares of Cardinal Health (CAH) fell more than 3% in Tuesday’s trading session despite the company announcing that it expects its full-year fiscal 2024 earnings to come in at the high range of its guidance. The outlook in question is somewhere between $6.75 to $7 a share. Meanwhile, the FactSet consensus is $6.96. This [...]
Last week an Alaska Airlines flight experienced a near disaster on its flight from Portland, Oregon to Ontario, California. A Boeing 737 Max 9 aircraft experienced a full panel blowout just 6 minutes into the flight. As a result of the scare, the Federal Aviation Administration (FAA) made the decision to ground 171 Boeing [...]
Yesterday in Thursday’s trading session, Peloton (PTON) announced a new partnership with TikTok, sending shares 9% higher. The stock picked right back up in Friday morning’s trading session and has climbed more than 15% so far. Peloton will get its own “Hub” on TikTok, and it will be referred to as “#TikTokFitness Powered by [...]
Shares of Walgreens (WBA) are down more than 6% in Thursday’s trading session after the drugstore retailer reported its fiscal first-quarter earnings. Earnings per share of 66 cents beat the consensus of 61 cents, while revenue of $36.71 billion topped the $34.86 billion expected. The company did report a net loss for the quarter [...]
Shares of Moderna (MRNA) climbed 13% in yesterday’s trading session after being upgraded to a buy at Oppenheimer. The stock fell a bit in Wednesday’s trading session, but has since settled at around even on the day. Hartaj Singh and a team of analysts see dramatic upside potential over the next few years for [...]
Momentum was surging for Joyy Inc. (YY) heading towards the end of 2023, as Baidu was set to acquire the Singapore-based streaming company in an all-stock acquisition. However, the deal has fallen through according to a filing in Hong Kong. YY is down 15% so far in the first trading session of 2024. While [...]
On Wednesday (December 27), Mullen Automotive (MULN) announced that it had delivered its latest batch of EV vehicles to Randy Marion Automotive Group (RMA). Mullen Automotive will earn $3,969,000 for the delivery. This delivery consisted of 63 Class C vehicles and was part of a larger order from earlier this year. RMA originally ordered [...]
Of all the various stock indicators you have at your disposal, swing trading candlestick patterns offer profound insights that can help you spot bearish/bullish patterns and execute your trading strategy accordingly. But, just as with choosing the best EMA for swing trading, you need to choose the best candlestick patterns for swing trading to make [...]
Shares of Marathon Digital (MARA) are down more than 9% in Thursday’s trading session, rebounding from an incredible session yesterday in which it was the most traded stock of the day. Investors traded more than 105 million shares of MARA for a total trading volume of $327. This beat out the usual suspects like [...]
