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Stock Market News and Commentary

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Tue, May 14th, 2024
1 'Strong Buy' Dividend Stock to Buy and Hold

Discover why Eli Lilly is considered a 'strong buy' as it capitalizes on the growing demand for diabetes and obesity treatments, backed by its robust financial performance and promising future prospects....

LLY : 757.70 (-0.30%)
NVO : 132.41 (+3.11%)
Apple Elliott Wave Analysis expects more swings higher

Greetings, traders! In this Apple (AAPL) Elliott Wave Analysis, we'll delve into our application of the Elliott wave theory once again. We will recall our forecast of a near-term low for Apple stock just...

AAPL : 186.28 (+1.76%)
Stocks Close Little Changed on Caution Ahead of US Inflation Reports

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stocks on...

$SPX : 5,221.42 (-0.02%)
SPY : 520.91 (+0.01%)
$DOWI : 39,431.51 (-0.21%)
DIA : 394.46 (-0.18%)
$IUXX : 18,198.61 (+0.21%)
QQQ : 443.08 (+0.23%)
ZNM24 : 108-280 (+0.04%)
INCY : 57.60 (+8.56%)
WBA : 18.12 (+5.41%)
AAPL : 186.28 (+1.76%)
INTC : 30.51 (+2.21%)
WYNN : 97.99 (+1.66%)
BAC Made New Highs From Elliott Wave Blue Box Area

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of (BAC) . We presented to members at the elliottwave-forecast. In which, the rally from 16 April 2024 low...

BAC : 38.21 (-0.62%)
Agilysys (NASDAQ:AGYS) Posts Q1 Sales In Line With Estimates

Agilysys (NASDAQ:AGYS) Posts Q1 Sales In Line With Estimates

AGYS : 80.21 (-1.96%)
NVIDIA Corp ( $NVDA) Reacted From the Blue Box Area as Expected.

Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of NVIDIA Corp (NVDA) . The rally from 5.02.2024 low at $812.70 unfolded as 5 waves impulse....

NVDA : 903.99 (+0.58%)
Home Depot (HD) Reacted from the Blue Box Looking for more Downside

Home Depot (HD) , is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot...

HD : 340.96 (-1.58%)
Uranium Miners ETF (URA) Extends Impulsive Rally

The Uranium ETF (URA) is an exchange-traded fund that aims to track the performance of companies involved in the uranium mining industry. It provides investors with exposure to the global uranium sector,...

URA : 30.85 (-1.19%)
CleanSpark vs. Riot Platforms: Which Crypto Mining Stock Is a Better Buy?

CleanSpark and Riot Platforms are two Bitcoin mining stocks that should be part of your watchlist if you expect BTC prices to advance over time.

^BTCUSD : 61,843.18 (-1.98%)
BTK24 : 62,190 (-2.03%)
CLSK : 15.55 (-0.13%)
RIOT : 9.50 (+3.26%)
Meme Stocks Rally Anew on Roaring Kitty’s Comeback

Keith Gill, better known as “Roaring Kitty,” the catalyst of the 2021 GameStop trading frenzy, returned to the social platform X, sparking a dramatic surge in meme stocks at Monday’s market open....

GME : 30.45 (+74.40%)
AMC : 5.19 (+78.35%)
BB : 3.10 (+6.90%)

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Hold Stocks where upside is more likely than downside. Goldman Sachs once again proving why they make the big bucks! Simply tremendous stuff here 🙏🫡 https://t.co/GZzQ2fSeAe
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We've just witnessed something for the first time in our lives! The largest outperformance of corporate vs. government bonds in the last 100 years 👀 https://t.co/GZ4YQOBF3B
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Japan's 20-Year Government Bond Yield just hit its highest level in more than a decade 🚨 https://t.co/jBLHqLPGDz
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S&P 500 $SPY volume today was the lowest since November 11, 2021 (excluding holiday shortened trading days) https://t.co/OKH6Ed2kv8
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Copper jumps to highest price since April 2022 👀 https://t.co/2uGO55Gknj
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Global Stocks rose to a record high on Friday 🚨 https://t.co/wyYRgEvezB
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Apple $AAPL picking up some steam here and finishes with its highest closing price since February https://t.co/UijiOnbHcN
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Just 2.03% of U.S. companies are responsible for half of the wealth creation from 1929-2019 👀 https://t.co/K2R9MTdMCl
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AMC Entertainment $AMC continued to soar in after hours trading and has now more than doubled in value from Friday's closing price https://t.co/M1xdHc1j0j
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The next 500 points for the S&P 500 $SPX will be down warns Stifel https://t.co/XHibNSAiuw

Chart of the Day

Oscar Health Inc Cl A (OSCR)

The Chart of the Day belongs to health insurance company Oscar Health (OSCR) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...
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