In today’s episode of let’s talk stocks we are going to take a look at how to read stock charts for beginners. We’ll cover the basics of chart reading, different types of stock charts and the one I recommend, different time frames when looking at stock charts, also you’ll see me evaluate a few stock
Month: September 2019
Zacks has 2 excellent stock rating systems. What’s the difference between them? And which one is right for you? Learn the answer in this video commentary.
It’s been a rough few months for cannabis stocks, to say the least. This type of volatility however is to be expected in an emerging growth industry, meaning that I am looking for select buying opportunities when the selling gets severe. To wit, shares of Canopy Growth (NYSE:CGC) have reached an important confluence area of technical
As investors get more nervous about the U.S. trade war with China, defensive plays such as Coca-Cola (NYSE:KO) have become more popular. Up 27% (including dividends) over the past year through August 30, KO stock continues to generate significant attention from investors. Source: Fotazdymak / Shutterstock.com Before you buy Coca-Cola stock and throw it in
Check out the companies making headlines before the bell: Tapestry – The Coach and Kate Spade parent named Chairman Jide Zeitlin as its new chief executive officer. He succeeds Victor Luis, who had been in the CEO job for 13 years. Zeitlin will remain as chairman in addition to assuming CEO duties. Michaels Cos. –
Canopy Growth Corporation (NYSE:CGC) just reported its Q1 2020 results, which gave CGC stock a bump, but still wasn’t what many investors were hoping for. Source: Shutterstock The company highlighted that the net revenue generated in the quarter was close to $91 million and that recreational dried cannabis sales increased by 94% over Q4 2019.
Tilray (TLRY) stock jumped 17% yesterday in spite of a Wall Street analyst cutting her price target for the stock by a hefty 60%, down to $60 per share. Analyst Vivien Azer at Cowen & Co. had originally set the target at $150 per share, but has since cut that target citing Canadian supply constraints
Traders work under monitors displaying 3M Co. signage on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images In a world of falling and even negative interest rates, investors are searching high and low for yield. Companies with a high and stable dividends are a
Headline risk has been confounding global equity markets over the past several months, but there was some relief on that front Wednesday. Stocks rallied, buoyed by some geopolitical relief. Source: Pavel Ignatov / Shutterstock.com In Hong Kong, leader Carrie Lam withdrew the controversial extradition plan that served as the tipping point of pro-democracy protests that
Thanks to a seemingly endless supply of oil coming from the Permian Basin of Texas and other places, oil and gas prices, and often oil stocks, have struggled to gain traction. While the price of crude oil remains above $50 per barrel, natural gas prices have fallen below $2.50 per 1000 British thermal units (BTUs).
The Slack Technologies logo is seen on a banner outside the New York Stock Exchange (NYSE) during thew company’s IPO in New York, June 20, 2019. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares of Slack plunged 15% in extended trading after the company released its first earnings report
If its production numbers hold up, Tesla (NASDAQ:TSLA) looks like a viable car company. In the second quarter, TSLA announced delivery of 92,500 vehicles. This number not only beat analysts’ expectations, but beat the company’s own internal estimate for 90,966. The Model 3 also seems to have a strong audience in Europe. Strong numbers in
A volatile week in the crude oil market Iran does not want to talk to the US at this time Inventories highlight robust demand- Mixed signals on output In 2019, the price of crude oil has traded in a range between $44.35 and $66.60 per barrel on the nearby NYMEX futures contract. At the end
President Donald Trump answers questions in the Oval Office of the White House in Washington, August 20, 2019. Kevin Lamarque | Reuters Citi no longer sees a conclusion to the trade war with China before the next U.S. presidential election, the investment bank said in a research report on Wednesday. “[The] base case for the
Learn more about Preston’s Intrinsic Value Course that teaches you step-by-step how to calculate the intrinsic value of a stock in 18 exclusive videos: https://www.theinvestorspodcast.com/product/intrinsic-value-course/ Watch my other investing courses: Investing Courses & Other Resources: TIP Academy – The Investor’s Podcast Network Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market. Swing Trading v. Day Trading Swing: -Potential to make more money than with day trading -Going across multiple days (e.g. a 100 day period) -You do have the risk of holding positions overnight;
Rising demand for lithium from Tesla and other electric car makers is sending the lithium ETF higher (TSLA, LIT). Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID Global X Lithium ETF: https://www.zacks.com/funds/etf/LIT/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Even with the mid-day rebound, the market still started to the new week in the hole. The S&P 500 index fell 0.69% on Tuesday, remaining below a couple of key resistance levels while finding support at the 20-day moving average line. Source: Shutterstock Boeing (NYSE:BA) was a key part of the reason the broad market
When the U.S. Federal Reserve ended its interest rate hiking cycle and started lowering rates instead, financial stocks drifted lower. With lower rates, banks earn fewer profits from the interest rate spread. Plus, rate cuts are usually done to stimulate a slowing economy. If banks rely on a healthy economy to get deals and drive
Check out the companies making headlines before the bell: Twitter – Twitter said the personal account of CEO Jack Dorsey is now secure after being hacked on Friday. The hacker used Dorsey’s account to send out tweets that contained racist messages. Boeing – Boeing faces new delays in returning the 737 Max to service, according