Month: January 2020

Shares of Chinese streaming giant iQiyi (NASDAQ:IQ) have gone parabolic over the past few months, rising from $15 in early October 2019 to $25 by early January 2020. That’s a jaw-dropping 65%-plus rally in IQ stock in just three months. Source: NYC Russ / Shutterstock.com What’s behind the recent strength in the company? More importantly,
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Tonight on Thursday Night Stock Charts Live we discuss how we are poised to close out the trading week. We will do live technical analysis of the weekly stock charts. ✅Join our free Best Stock Charts Newsletter list (we hate spam too) http://eepurl.com/gsysiL ===================================================== ?Facebook Discussion Group Join Our Facebook Discussion Group! http://bit.ly/2k2TD2t ?Follow Me
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In case you hadn’t noticed, America is having a delivery dilemma. What started out as a quaint thing called “shopping from home” has grown into perhaps the dominant industry of this generation. E-commerce is not only changing the way consumers shop, but it’s also changing how they spend their leisure time. And increasingly those consumers
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[Editor’s note: This article is regularly updated to include the most relevant information available.] Technology is one of the crucial drivers of the economy. Problem-solving innovations and new ideas that make commerce more profitable all help grow economic development and success. And for investors, technology brings opportunities to cash in on the power of changes in
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It’s been a tough week for investors in the metals market, with the prevailing sentiment flipping from excitement to check the morning prices following Middle East tensions to disgust almost overnight. While silver (SLV) prices briefly challenged stiff resistance at the $18.45/oz level during overnight trading, this move has been completely erased since, with prices
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I happened to see a recent article about Facebook (NASDAQ:FB) CEO and co-founder Mark Zuckerberg that said the 35-year-old was $5 billion richer early in 2020 thanks to Facebook stock approaching an all-time high. Source: rvlsoft / Shutterstock.com Zuckerberg is now the fifth-richest person in the world, with an estimated net worth of $83.2 billion. 
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For the first half of 2019, the Cisco (NASDAQ:CSCO) turnaround looked like it was finally going to happen. That is, the legacy tech giant was revamping itself through various cloud, automation, security and collaboration initiatives. Those initiatives were gaining traction, and Cisco’s revenue, margin, and profit growth trends were materially improving. Overall, Cisco stock was
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And they sure do.  Here’s a very simple 3-month chart of SLV, the unleveraged US silver ETF that trades on US markets. (credit Fidelity.com) If we look at the relationship between the US Dollar index UUP (blue line) and SLV (the candlesticks), we can see that most of the time they trade in “good inverse relation” to each
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In Swing Trading Today we discuss how central banks are now buying gold. Zero Hedge continues to report how Germany is buying gold for its reserves. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then
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David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $5.47 a share, a 9.5% decline from a
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