Tuesday, 8 August 2023

August 8 I Avoid These 2 Rocketing Stocks

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 August 8, 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

 

2 Rocketing Stocks to Avoid
The stock market has soared this year, but Carvana (CVNA -1.39%) and Wayfair (W 0.20%) have rocketed past the major indexes on their way to enormous gains. Investors are betting that turnarounds are i... Read More

 

Why Alphabet Investors Should Be Excited About Google Cloud
The cloud market is competitive, but Google Cloud is quickly making a name for itself. With an array of top-notch services and a dedication to innovation, it's no wonder it is gaining momentum. This ... Read More

 

A Bull Market Is Coming: 1 Super Stock Down 88% to Buy Right Now
There is a debate raging on Wall Street about the official status of the stock market. In June 2022, the benchmark S&P 500 index closed 20% below its all-time high, which marked the beginning of a... Read More

 

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News You May Have Missed

 

This Stock Market Indicator Says the S&P 500 Is Headed Higher: 2 Growth Stocks to Buy Now Before the Rally
To squash inflation, the Federal Reserve increased the benchmark federal funds rate by 525 basis points since March 2023, the fastest series of rate hikes since the 1980s. That aggressive monetary po... Read More

 

The 2 Best 'Magnificent Seven' Stocks to Buy Now, According to Wall Street
Investors are understandably fascinated by the so-called "Magnificent Seven" stocks, a group of megacap companies that have created tremendous wealth for shareholders. The Magnificent Seven are colle... Read More

 

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$2M Bet On Biohaven? Check Out These 4 Stocks Insiders Are Buying
Although U.S. stocks closed higher on Monday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the st... Read More

 

Bitcoin Price Prediction: Top Financial Meme Groups Hint at Massive BTC Coin Upswing
Bitcoin price dropped on August 7, which led it to $28.74k, repeating the scenario from August 1. However, just like then, the pr... Read More

 

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