Today I talk about two momentum names that Wall Street loves. With the markets starting to show signs of life, these are two names you can quickly look at for a quick opportunity. Tune in to see the levels I am closely watching. If the markets start to rally, check these names out!
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Last Friday’s extreme volatility continued into Monday’s trade. The indices were up before the open and then dropped hard, making new lows that breached important levels, like 2600.00 in the S&P 500 and 24,000 in the Dow. From there, the volatility switched and gained back all of the losses to close with gains. Without new […]
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US equities markets engineered a major comeback after being hammered at the opening bell. The SPY ETF, which tracks the S&P 500, was down over 2% before reversing to become positive by the latter part of the session. The healthcare ETF XLV and the biotech ETF IBB both bounced back as well and were positive […]
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The Wild Ride in the markets not only continued this week but became even more volatile! What’s more, the intra-moves are also a wild ride – not just the closing price. In today’s video, we discuss this action and where the market may go next.
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Tonix Pharmaceuticals Holding Corp (TNXP) was hammered after news hit today. The news was that the company would issue $15M in new stock at $3.50 per share. The company had previously stated it would issue new shares and had also recently completed a reverse split. The stock was trading above $5 per share just before […]
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In a sea of red names during this down day, the glimmer of light is coming from the momentum names. I highlight one of my favorites $RH today. I will point out the key levels of support and the potential upside levels of interest. For those that like the momentum plays, check out what I […]
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The equities markets were quite volatile today, with large plunges in the S&P and Dow Jones indexes both before and after today’s open. The Dow was down almost -800 points at one point during today, before retracing nearly 50% of those losses by the middle of the session. There were multiple factors alleged to be […]
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Novelion Therapeutics Inc. (NVLN) rose sharply after market close yesterday after a major shareholder advocated for the company to explore a potential sale to another company. Our classroom has had a position in NVLN for a while where we were looking for something like this to happen, but the move was short-lived so we were […]
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The market selloff was startling to see. The bears came out with claws exposed and hammered the markets down. Is there even a glimmer of hope in sight for the bulls? Tune in to see the levels I am watching for a reaction.
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The market selloff was startling to see. The bears came out with claws exposed and hammered the markets down. Is there even a glimmer of hope in sight for the bulls? Tune in to see the levels I am watching for a reaction.
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