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Copper Soars, Iron Ore Tumbles As Goldman Says “Copper’s Time Is Now”

Copper Soars, Iron Ore Tumbles As Goldman Says “Copper’s Time Is Now”

Image Source: Pexels After languishing for the past two years in a tight range despite recurring speculation about declining global supply, copper has finally broken out, surging to the highest price in the past year, just shy of $9,000 a ton as supply cuts hit the market; At the same time, the price of the world’s […]
SMCI: Super Vulnerable

SMCI: Super Vulnerable

Image Source: Unsplash Super Micro Computer (SMCI) sounds like the kind of 1980s-style computer company name that I grew up with (as does their logo), but its old-school vibe hasn’t affected its new-school buzz. Between the AI and crypto bubbles, this stock has been propelled insanely high, and I’d say it has a LOT to prove […]
Three Under $10 Stocks To Hold In March

Three Under $10 Stocks To Hold In March

Image courtesy of 123rf.com Over the week, the S&P 500 (SPX) market benchmark broke even at +0.21% gains. It has been on an upward trajectory over the last three months at +8.40%. Since the beginning of the year, SPX has reached an all-time high 17 times, led by the Magnificent Seven stocks riding the AI hype. At the same […]
Silver Is Acting Exactly Like It Did From 1968 To 1973

Silver Is Acting Exactly Like It Did From 1968 To 1973

Image Source: Unsplash Silver is always late to the party, but it always sprints to the finish line and wins the race. It’s like the hare, except in this parable, the hare beats the tortoise. It’s happened twice before.From 1968 to 1973 with a parabolic spike in 1974, and from 1974 to 1979, with a parabolic […]
Navigating SoFi Technologies’ Price Dip: Will $6.5 Support Hold?

Navigating SoFi Technologies’ Price Dip: Will $6.5 Support Hold?

Image Source: Unsplash Online financial services company,  SoFi Technologies, Inc. (Nasdaq: SOFI) has experienced a significant decline in its stock value this month, plummeting by 22% since the beginning of March.This decline was triggered by SoFi’s announcement on March 5 of a private offering of $750 million in unsecured convertible senior notes set to mature on […]
Support In The Nasdaq May Be Breaking

Support In The Nasdaq May Be Breaking

Image Source: Pixabay Support in the Nasdaq 100 appears to be breaking on options expiration as bearish flows take over.Video Length: 00:13:49More By This Author:Stocks Drop As Hot Inflation Report Shocks Rates And Dollar Higher The Stock Market Rally Could Be In Trouble Inflation Is At Risk Of Roaring Back To Life
Triple Witch And SMCI Converge Today

Triple Witch And SMCI Converge Today

Image Source: Pexels Today is a crucial expiration, particularly for holders of SMCI and its options. Spoiler alert – don’t turn off your screen for the weekend when the market closes.Did anyone remember (or care) that today is a triple-witching Friday? Sure, they’ve been overshadowed by weekly and now daily expirations, but it is important to […]
Zillow Stock Price Forecast: The Plot Thickens

Zillow Stock Price Forecast: The Plot Thickens

Image Source: Unsplash Zillow’s (Nasdaq: Z) stock price has come under intense pressure. It plunged by more than 10% on Friday, reaching a low of $49.12, its lowest level since December 13th. It has slipped by 20% from its YTD high, meaning it is now in a bear market. Zillow woes continue Zillow is one of […]
Gold Miners’ Q4’23 Fundamentals

Gold Miners’ Q4’23 Fundamentals

  ↵Image Source: Pixabay The major gold miners are finishing reporting their latest quarterly results, which proved mixed. Their collective production generally declined, forcing mining costs modestly higher. Yet outliers were mostly responsible. Unit profitability still surged dramatically due to near-record prevailing gold prices, but huge impairment charges gutted accounting earnings. Traders need to handpick outperformers to […]
Q4 Financials Of Cannabis MSO, TerrAscend, Were Terrible

Q4 Financials Of Cannabis MSO, TerrAscend, Were Terrible

Image sourceTerrAscend (TSNDF) reported its financial results for the fourth quarter ended December 31, 2023, on Thursday. All financial information is provided in U.S. dollars unless otherwise indicated and compared with the previous quarter. Q4 Financial Highlights Net Revenue: DOWN 2.9% to $86.6M Gross Profit: DOWN 12.6% to $41.8M Gross Profit Margin: DOWN to 48.2% […]