Thursday, 6 July 2023

July 3 I On Thin Ice: 3 AI Stocks at Risk After Failing to Meet Standards

Which Stocks Have Cyclical Price Patterns? Let's get right to it! In this edition, we spotlight stocks that historically have risen...

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Today's Trade Ideas:

 

Daily Trade Idea for July 6, 2023
Which Stocks Have Cyclical Price Patterns? Let's get right to it! In this edition, we spotlight stocks that historically have risen by at least 4% over the next 4 weeks at least 80% of the time. Each s... Read More

 

Market News

 

On Thin Ice: 3 AI Stocks at Risk After Failing to Meet EU Standards
AI stocks may look as if they're never slowing down, but that's not true. OpenAI, the developer of ChatGPT, actively lobbied the European Union to impact upcoming AI regulations. Recent reports reveal... Read More

 

Stocks slide as rising borrowing costs strike again
World stocks down for third day running Rising global borrowing costs fuel recession worries Japan's beaten-up yen clambers off the canvas... Read More

 

Microchip Technology Is Poised to Make a Major Upside Breakout
Microchip Technology Inc. (MCHP) manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits. Don't ask me to explain it. I recommended purchase of MCHP on May 1 and wrote tha... Read More

 

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News You May Have Missed

 

Nike is one of the biggest Dow decliners as post-earnings sell-off endures
Nike's (NYSE:NKE) higher-than-anticipated level of inventory continues to rattle investors as the company hit a four-week low days after reporting unin... Read More

 

Why the Fed may be less likely to oppose a stock market rally than investors think — 'unless it gets out of hand'
A new Federal Reserve paper indicates policy makers have a different take on financial conditions than widely assumed. That's a big deal for stock-market investors, said economists at Everco... Read More

 

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