The three white soldiers pattern and its bearish counterpart, the three black crows, are considered fairly robust reversal signals by both analysts and traders. The bullish pattern consists of three consecutive long-bodied candlesticks that open within the previous candle’s real body and close above the previous candle’s high. Why the Three White Soldiers Pattern Is a Bullish
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Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Elon Musk is a widely renowned investor, inventor, innovator, and engineer with a net worth of $20.2 billion, according to the latest report from Forbes. He is the founder and CEO of Space Exploration Technologies Corporation (SpaceX), where he is also the company’s chief product designer.
People constantly wonder how to spot a healthy movement in a stock… So what is the point of knowing if a stock’s price action or movement is healthy? If you understand a healthy move you will be able to stay in the trend longer and make more money. This will give you a better insight
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull Alibaba: https://www.zacks.com/commentary/760975/bull-of-the-day-alibaba-baba NETGEAR: https://www.zacks.com/commentary/761028/bear-of-the-day-netgear-inc-ntgr
InvestorPlace readers are big on tech this year. That much is certain based on the fact that readers chose Nvidia (NASDAQ:NVDA) stock as one of the Best Stocks for 2022. And it’s easy to understand why. With its impressive trajectory throughout the last several years and the speculative investing frenzy’s influence on tech, NVDA stock seemed like
With the ugliness in the equities sector, astute investors may want to shift their focus to cheap tech stocks. Granted, among the major indices, the technology-centric Nasdaq Composite suffered the most thus far. On a year-to-date basis, it’s down nearly 30%. However, it also opens the door to significant discounts for patient market participants. That’s
It’s been the worst year for Nasdaq stocks since the great financial crisis of 2008. While 2021 saw big sell-offs in weaker and more speculative companies, 2022 has seen nearly universal selling across the Nasdaq as investors abandon growth stocks. Many investors are understandably throwing in the towel on Nasdaq stocks. After such a bad
The metaverse is more than just a concept. It’s an evolving reality that will forever change how we live, work, and communicate! Investors are flooding into the metaverse, some even going so far as to call this nascent space a new world financial haven. Hence, long-term metaverse stocks will likely be one of the biggest
Most stocks have been under significant pressure so far in 2022. However, tech stocks have been some of the worst performers by far. Of course, not all tech stocks are created equal. Some are high-growth names with little to no profit. Others are undervalued tech stocks with dividends. Many of these stocks tend to be
The technology sector consists of businesses that develop, build, and market consumer electronics, electronic components, and software. Companies in the tech sector may also provide information technology (IT) services such as cloud computing. While the best-known companies are giants like Apple Inc. and Microsoft Inc., there also are tech businesses that are classified as penny
It’s been tough lately for Chinese electric vehicle stocks, including for Li Auto (NASDAQ:LI) stock. Besides the fact that overall market sentiment has turned negative in recent months, investors have really soured on Chinese EV companies particularly. This is due to the many challenges currently playing out in what is the world’s largest EV market.
As cryptocurrencies have proliferated in recent years, a diverse industry of companies has developed in the crypto space. These companies may be involved in cryptocurrency mining, digital currency exchange and payments, or in developing blockchain technology and linking it with existing industries and businesses. Some of the best-known crypto stocks include Coinbase Global Inc. (COIN),
The shipping industry includes companies that transport cargo around the world, from grains to apparel to electronics to appliances. In spite of the term “shipping,” these companies often transport commodities and merchandise by air, sea, and on land by truck or train. They also provide storage and other logistics. Some of the largest shipping companies
Silver is valued both as an industrial metal and as a precious metal. It is used in jewelry, electronics, and photography. Many investors use it as a safe haven in times of economic turmoil and sometimes as a hedge against inflation. Silver mining companies are engaged in the acquisition, exploration, development, and production of mineral
The steel industry is part of the basic materials sector and consists of companies involved in steel production, mining, and related activities. Although steel historically has been a major U.S. industry, the number of steel mills that produce the metal has declined sharply in the past several decades due to foreign competition. Some of the
The oil & gas industry comprises upstream companies that explore and produce energy, midstream pipeline companies that transport and store energy, and downstream companies that refine oil and gas into finished products. Additionally, there are companies that provide oilfield drilling equipment and services. Some also manufacture and maintain equipment used in production. The industry’s biggest
Movie theater companies own and operate cinemas and concession stands in both local and national chain models. As a component of the consumer discretionary sector, movie theaters tend to perform well when customers have disposable income and poorly when the economy is struggling or during times of market turbulence. The COVID-19 pandemic devastated movie theaters
[Editor’s note: “Big Tech Are Falling Knives” was previously published in April 2022. It has since been updated to include the most relevant information available.] I make a lot of bold claims. And one of my biggest, boldest, wildest of all time is that Big Tech is dead. I first said that back in July
Coming up with decent gift ideas isn’t always straightforward. Younger children usually desire the latest fad that they’ll probably soon lose interest in, while older generations tend to buy what they need and are notoriously difficult to satisfy. In many ways, you can’t go wrong with gifting shares in a company. Sure, it may not
The Russian invasion of Ukraine led to an energy crisis, which led to a sharp increase in energy stock valuations. However, I’m still finding big opportunities to pick up cheap energy stocks. In the current economic climate, the energy crisis will continue to boost energy firms globally. As a result, many of those firms can