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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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| DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. |
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