Seeking catalyst driven opportunity
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Costco Wholesale Corp (Symbol: COST), where a total of 24,742 contracts have traded so far, representing approximately 2.5 million underlying shares. That amounts to about 145.4% of COST’s …
Since it went public back in 2021, Rivian Automotive (NASDAQ: RIVN) has done a good job of selling its electric vehicle (EV) SUVs. What it hasn’t done a good job of is being able to sell them for more than it costs to makes them. …
Editor’s Note: In November 2023, The Freeport Society Chief Investment Strategist Charles Sizemore was a special guest during the “Californication of America” event. That presentation has been viewed more than 3.2 million times. Back then, he and I predicted that Joe Biden wouldn’t be the …
MARA Holdings Inc MARA, a digital asset technology company engaged in mining cryptocurrencies, saw its shares close at $25.01 on Monday. That’s a whopping 29.92% daily gain following news of its Ohio power acquisition. What Happened: MARA secured 152 megawatts (MW) of active power across …
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared …
The U.S. government has ordered chip giant Taiwan Semiconductor Manufacturing Co. (TSM) to stop supplying advanced AI (artificial intelligence) chips to China, effective today. The order pertains to TSMC’s 7-nanometer chips and smaller chips designed for use in China’s AI accelerator and GPUs (graphics processing …
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Flux Power Holdings, Inc. (“Flux Power” or “the Company”) FLUX for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated …
Fintel reports that on November 12, 2024, Redburn Atlantic initiated coverage of NVIDIA (NasdaqGS:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 4.65% Upside As of October 21, 2024, the average one-year price target for NVIDIA is $152.01/share. The forecasts range from a low of …
Meta Platforms META shares have returned 66.5% year to date, underperforming the Zacks Computer & Technology sector’s return of 30.4% and the Zacks Internet Software industry’s appreciation of 30%. Except for NVIDIA NVDA, it has outperformed the rest of “Magnificent 7” over the same time …
Not long ago, I floated the idea that the next big Netflix (NASDAQ: NFLX) hit might not be a movie or a serial TV show — it could be a tenacious push into the video game sector. The growing collection of interactive specials looked like …