As I write this on Friday afternoon, the Nasdaq is down 5.6% for the week. As expected, the recent short-term bounce was a great opportunity to take a few short trades from better entry points.
It is vitally important to watch which stocks are making highs when the market is making lows. This is usually the next group of market leaders that can advance several hundred percent once the next
Chinook Therapeutics, Inc. (Long Idea) Chinook Therapeutics, Inc. (KDNY) is a biotech stock coming out of a two-year base pattern. Here’s how the chart is setting up… And here’s how the stock is setting up
The selling continues… Last week, I shared why I was bearish on the market and expected stocks to continue lower. Unsurprisingly, that is exactly what happened. The Nasdaq and S&P 500 each fell roughly 6%.
The Boeing Company (Short Idea) The Boeing Company (BA) has been trending lower since last March – 10 months before the bear market even started. Here’s how the chart is setting up… And here’s how
The market fell apart last week, with the Nasdaq 100 and S&P 500 each tumbling roughly 5%. This was the worst week for stocks since January. The catalyst? Inflation. Consumer Price Index (CPI) numbers showed
In a study of the best-performing stocks of all time, 95% of them had gone public in the last 10 years. In other words, young stocks are the ones that make the biggest moves. There
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