Articles on institutional positioning, options flow, price action, and the neuroscience of trading.
Aberdeen Standard Global Infrastructure Income Fund (NYSE: ASGI) is an ETF that targets infrastructure services globally. Although the fund just went public in 2020, many investors are already looking to buy into it. But is now the best time to buy ASGI? Source: Dave Morgan Support and Resistance There are some notable levels on the…
Witnessing the birth of a company is common. But when such companies are being birthed by two giants, that only comes once in a while. Our stock pick for today is one that many analysts believe would surely be a giant in its space; Warner Bros. Discovery, Inc. (Nasdaq: WBD). Source: Lloyd Dirks AT&T’s breakout…
Shopify Inc. (NYSE: SHOP) joins the list of companies that have announced a stock split this year. Other companies on this list are Tesla, Alphabet, and Amazon. Shopify’s proposal is a 10:1 stock split, and it intends to put it before the shareholders for approval. Source: Tarun Dhiman How will this split affect the stock?…
The year 2020 has been very fruitful for Spire Inc. (NYSE: SR) and its shareholders on the charts. There has been a 17% rise in the stock since the turn of the year, better than the S&P 500’s drop of 6% in the same period. Source: Naveen Kumar However, the SR stock faces a test…
After getting to a poor start to 2022, the maker of athletic comfort wears, Lululemon Athletica Inc. (Nasdaq: LULU), made a rebound to its highest level all year long. This surge resulted from the company’s positive financial results in its latest quarterly reports. Source: Scott Webb Is it now time to get in on the…
Crypto traders would know too well the effects Elon Musk and his tweets had on cryptocurrencies in 2021, especially Bitcoin and Dogecoin. However, the kind of influence Elon Musk pulled on the stock of popular social media, Twitter, Inc. (NYSE: TWTR), this time around had little to do with his tweet. Source: Akshar Dave What…
While the pandemic affected many companies, The Clorox Company (NYSE: CLX) couldn’t have been placed in a better position to make profits. The company sells cleaning products and disinfecting wipes, two of our favorite safety items during the pandemic. Source: Clay Banks & Peter Yost However, the pandemic is all but over now and things…
Tesla, Inc. (Nasdaq: TSLA) revealed in an official regulatory filing and through a tweet that it would be seeking approval in its Annual Shareholders’ Meeting for it’s second stock split in two years. The last time the company split its stock, TSLA stock ended the year 90% above where it was immediately after the split.…
The weed industry is edging closer to legalization in the United States. But before it gets there, there are some hurdles it must cross. One of which is the enactment of the MORE Act of 2021. Source: Nguyen Linh What has happened? The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2021 is a bill…
Icahn Enterprises L.P. (Nasdaq: IEP) is a common name in many commercial industries in the United States and internationally. Icahn deals in the automotive, pharmaceutical, food packaging, home fashion, energy, and real estate spaces through its subsidiaries. Currently, the stock is at a critical point, at which whatever happens could determine what happens to the…