Friday, 21 July 2023

Should You Be Worried About Cracks In The Tech Stock Rally?

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 21, 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

A Bull Market Could Be Here: 3 Reasons to Buy Shopify Stock
With stock indexes up sharply from their lows (yet still below their all-time highs), many investors believe the next bull market may have already started. Wall Street is excited by the diminishing pr... Read More

Even this long-time bull is worried about cracks in the tech stock rally. Here's how Tom Lee expects the market to shake out.
The Dow Jones Industrial Average has just notched a ninth consecutive day of gains, its longest winning streak since 2017. But, significantly, the latest advance occurred in a session that also saw t... Read More

Bank of America Securities Sticks to Its Buy Rating for Bloom Energy
In a report released today, Julien Dumoulin Smith from Bank of America Securities reiterated a Buy rating on Bloom Energy, with a price target of $30.00. The company's shar... Read More

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News You May Have Missed

Don't raid your retirement accounts - but here's when you can do it safely, if you have to
Raiding your retirement accounts can be expensive. Withdrawing money before age 59½ typically triggers income taxes, a 10% federal penalty and ... Read More

Tesla sinks as Musk warns of more blows to profitability
Tesla Inc. shares fell after the carmaker warned of more hits to its already-shrinking profitability.Chief Executive Officer Elon Musk said Tesla will have to keep lowering the prices of its electric ... 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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