Best Buy is a well-known American multinational consumer electronics retailer that specializes in selling a wide variety of technology products. In the financial world, the company is known as BBY and is listed on the New York Stock Exchange (NYSE). Technical Analysis and Patterns On March 02, 2023, the 10-day moving average for BBY crossed bearishly below the 50-day moving average. This...
Between their inherently technical nature, multiple varieties and sub-varieties, and endless terminology, cryptocurrency (defined here as digital or virtual currencies that are encrypted using cryptography, powered by the immutable digital ledger known as the blockchain) represents a whole, complex world.All altcoins possess their own blockchain, independent from their source code, that records all transactions of their native coins.
Many altcoins are variants, or forks, of Bitcoin that leverage that cryptocurrency’s open-source protocol as the basis.
So, I decided to set up my priorities straight (yes, I know – this is not New Year’s resolution).
1.Trade Wars. Important, but I stopped watching daily announcements.
The US stock market has been experiencing a downturn over the past week, with several index ETFs showing declines. For example, the SPY ETF, which tracks the performance of the S&P 500, has dropped by -4.52%. The QQQ ETF, which tracks the NASDAQ 100, has experienced an even steeper decline, falling by -3.71%. Similarly, the DIA ETF, which tracks the Dow Jones Industrial Average, has also...
Oracle Corporation is a multinational technology company that specializes in developing and selling computer software, hardware, and cloud services. The company recently released its earnings report for the quarter, which ended on February 28th, 2023. However, the company's stock price has since moved below its 50-day moving average on March 09, 2023, indicating a change from an upward trend...
Occidental Petroleum Corp. (OXY) has been making waves in the energy industry since it was founded in 1920. The business is a major oil and gas producer with a broad portfolio of assets spread over North America, South America, the Middle East, and Africa. Occidental Petroleum is one of the biggest oil corporations in the world, with a market worth of about $50 billion. Despite the challenges...
This AI robot is designed for traders who prefer to trade popular stocks with good liquidity and low spreads and are focused on taking mostly long positions. The robot is equipped with a pool of technical indicators with unique parameters that allow it to detect uptrend reversal points in time and avoid drawdowns during a downtrend. To increase profitability and accuracy of opening and...
WW International (WW) is a multinational wellness organization that offers clients assistance in maintaining a healthy weight and way of life. The business uses a variety of platforms, including internet, workshops, and private coaching. Recently, the price of WW's stock has been on a roller coaster, rising by almost 80% in the last three days. There are nonetheless hints that the stock may...
Tremor International Ltd (TRMR) has been making headlines recently due to its significant drop in stock price following its earnings report. As of March 07, 2023, TRMR moved below its 50-day moving average, indicating a change from an upward trend to a downward trend. The dismal earnings announcement for TRMR is to blame for the stock's decline. The company's $0.10 earnings per share was...
Investors are eagerly awaiting the findings when Dick's Sporting Goods (DKS) releases its earnings report for the fourth quarter of 2022 on March 8. DKS is a well-known athletic goods retailer in the US, with more than 850 locations. Recent years have seen the corporation perform effectively, with robust sales growth and a stable financial situation. One factor that could contribute to a...
Apple, the technology giant known for its innovative products and designs, has once again topped the rankings of global companies with the most 'green' revenue. Meanwhile, Apple's stock has shown signs of a bullish trend, indicating that the company's sustainability initiatives may be paying off in more ways than one. According to research by Corporate Knights, a Canadian media and research...
Tickeron, a leading provider of AI-based trading tools, is pleased to announce the launch of its latest range of AI Robots designed exclusively for the most frequently traded stocks on the US stock market. After the successful debut of our Robot Factory that produces state-of-the-art AI Robots, we received a deluge of requests for robots tailored to hedge funds and individuals who trade only...
On March 01, 2023, BridgeBio Pharma (BBIO) experienced a significant shift in its stock performance as the 50-day moving average moved above the 200-day moving average. This is known as a "golden cross" in technical analysis and is often considered a bullish signal for the stock's future performance. This news comes just days after BBIO's stock soared 52% following positive results from a...
Kala Pharmaceuticals (KALA) recently reported its fourth-quarter earnings, which missed estimates, causing some concern among investors. The company reported a loss of $0.32 per share, missing the consensus estimate of a loss of $0.29 per share. Despite the miss, the company's revenue beat expectations, coming in at $14.6 million compared to the expected $13.8 million. The Q4 earnings miss is...
CrowdStrike Holdings, a cloud-based cybersecurity company, is set to report its earnings on Thursday, March 9. Investors and analysts are eagerly waiting for the report to gauge the company's financial performance and growth prospects. The market's interest in CrowdStrike Holdings is further intensified by the recent movement of its stock above its 50-day moving average on February 07, 2023...
The minimum wage for hourly workers in the United States will rise to $14 per hour from the present rate, according to Walmart, the largest retailer in the world. The average hourly wage will be increased by the corporation to $17.50. This action, which is a part of the company's continued endeavor to invest in its staff and offer better career possibilities, is anticipated to benefit more...
The Gap, Inc. is a popular retail clothing company that operates globally, offering apparel, accessories, and personal care products under various brand names such as Gap, Banana Republic, and Old Navy. The company's financial performance is an essential indicator for investors, and fundamental analysis is one of the methods used to evaluate it. Fundamental analysis is a method of evaluating...
For enterprises and sectors around the world, Verisk Analytics (VRSK) is a top supplier of data analytics and risk assessment services. Like any other publicly traded firm, its stock price is susceptible to changes in the market and trends. Technical Analysis and Patterns Technical analysis is a technique for assessing securities that involve looking at market data such as historical prices...
HEICO Corp ($HEI) is a company that specializes in manufacturing, designing, and selling aerospace and defense-related products and services. On February 27, 2023, HEICO Corp announced its earnings report for the quarter ending January 31, 2023. The company reported revenue of $643.7 million, up 14.1% from the same quarter the previous year. Net income was reported at $81.3 million, an...
Ulta Beauty, the American chain of beauty stores, is expected to announce its earnings on Thursday, March 9, 2023. Analysts are closely watching the company's financial results to see if they meet or exceed market expectations. Additionally, investors are keeping an eye on the company's stock performance and technical indicators to gauge its future trajectory. The Stochastic Oscillator is one...