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Microsoft Moves Toward All-Time Highs Ahead Of Federal Reserve Meeting Minutes: A Technical Analysis
Wednesday, March 20, 2024 - 1:54pm | 486Read More...Microsoft Corporation (NASDAQ: MSFT) was trading slightly higher Wednesday, appearing to work its way back toward the March 14 all-time high of $427.82. Recently, the technology giant was the top pick amongst investors who answered which stock they would choose to hold over the next 30 years on the...
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Upside For Nvidia Stock Could Set This Semiconductor ETF Soaring To New Highs: A Technical Analysis Of SOXL
Wednesday, March 13, 2024 - 3:24pm | 651Read More...Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) surged to new 25-month highs between March 1 and March 8, which Benzinga pointed out was likely to happen on Feb. 29. After reaching the new highs, the ETF, which is a triple-leveraged fund that consists of a variety of stocks in the...
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Gold Miners Consolidate Recent Surge As Spot Gold Takes A Breather: A Technical Analysis Of Major ETF
Tuesday, March 12, 2024 - 2:16pm | 671Read More...Direxion Daily Gold Miners Index Bull 2X Shares (ARCA: NUGT) was consolidating on Tuesday after closing Monday’s session on top of the 200-day simple moving average (SMA) –a level a stock or ETF rarely breaks through on the first attempt, which Benzinga pointed out on Friday. The move...
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Taiwan Semiconductor Dips After Xi Jinping Calls For Mobilization Of 'Patriots' In Taiwan, But Sentiment Remains Strong
Monday, March 11, 2024 - 9:05am | 624Read More...Rhetoric from the CCP has reached a new pitch as President Xi Jinping calls on "all patriots from home and abroad, in and out of Taiwan" to increase opposition to independence for the disputed nation. This comes only a few days after "peaceful" was dropped from the phrase "peaceful reunification"...
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Gold Surges In Blue Skies, Mining Sector Prepares For Bull Cycle: This ETF Offers 2X Leverage During A Run Higher
Friday, March 8, 2024 - 2:41pm | 657Read More...Direxion Daily Gold Miners Index Bull 2X Shares (ARCA: NUGT) has surged about 33% since Feb. 28, propelled by the price of spot gold, which has closed at a new all-time high each day this week. On Friday, gold reached the $2,195 level on Monday, causing its relative strength index to continue...
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Is Warren Buffet About To Sell His Stake In Apple?
Wednesday, March 6, 2024 - 10:12am | 571Read More...Apple Inc (NASDAQ:AAPL) stock has been sliding, down 11% on the year and hitting the lowest point in 4 months. The tech giant is struggling as the S&P 500 is up nearly 7% in the same time period. Why? The most recent move down, close to 3% on the day, came after dismal numbers were...
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SOXL Soars Toward New Highs: NVIDIA And AMD Fuel Semiconductor Sector Rally
Thursday, February 29, 2024 - 3:16pm | 627Read More...Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) was surging over 7% on Thursday, looking to print a higher high to confirm its uptrend remains intact. The semiconductor sector has been experiencing a bull cycle, with NVIDIA Corporation (NASDAQ: NVDA) flying in blue skies amid the company...
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Tesla Stalls, Dramatically Lags Magnificent Seven Peers But Divergence Has Developed: A Technical Analysis
Friday, February 23, 2024 - 1:36pm | 665Read More...Tesla, Inc (NASDAQ: TSLA) was trading mostly flat Friday, continuing to trade mostly sideways within a triangle formation on the daily chart. Unlike NVIDIA Corporation, which has surged about 57% since the first trading day of 2024, Tesla has fallen about 22% and on Thursday, Jim Cramer said Nvidia...
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Could This Be Another Big Year for the Biggest Company in the World? 2 Key Factors Propelling Microsoft in 2024
Thursday, February 22, 2024 - 2:58pm | 648Read More...AI Microsoft is leading the pack in artificial intelligence after its early investment in OpenAI. The creator of ChatGPT, whose name is synonymous with the technology itself, is by far the most successful player in generative AI. In fact, ChatGPT holds the title of the most quickly adopted...
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Nvidia Stock Dives Ahead Of Q4 Print, Drags Direxion SOXL ETF Toward Breaking Point: A Technical Analysis
Tuesday, February 20, 2024 - 1:15pm | 615Read More...Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) was diving over 7% lower Tuesday, in tandem with the general market, which saw the S&P 500 gap down to trade about 0.5% under Friday’s closing price after inflation data released last week for January remained high. The...
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Investing In The Emerging Hydrogen Economy Now
Wednesday, August 16, 2023 - 8:17am | 1284Read More...In July 2022, the Biden Administration launched a new initiative to jumpstart the clean hydrogen economy by investing up to $1 billion into building regional clean energy hubs across the United States. That’s just a drop in the bucket of the estimated $320 billion invested in hydrogen...
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Preparing For A Potential S&P 500 Index Swoon
Tuesday, May 23, 2023 - 8:27am | 1602Read More...While the S&P 500 has been rising steadily since the end of March, it’s fast approaching 4,200 which has been a resistance level it’s struggled to break out of for the better part of last year. As a result, many traders are closely watching market indicators for signs of whether a...
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Tech Stocks Are Always On The Move – Take Advantage Of The Volatility With These Leveraged ETFs
Friday, April 28, 2023 - 9:12am | 192Read More...The Direxion Daily Technology Bull 3X Shares (NYSEARCA: TECL) seeks daily investment results of 300% of the performance of the Technology Select Sector Index. The Direxion Daily Technology Bear 3X Shares (NYSEARCA: TECS) similarly seeks to magnify returns on the performance of the...
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Finding Trades In A Cautious Financial Sector
Wednesday, April 26, 2023 - 8:10am | 1763Read More...With hopes of a recovery in 2023 rapidly waning, the stock market slumped in February and is struggling to reverse the trend in March. With the Federal Reserve expected to continue its wave of interest rate hikes and regulatory crackdowns making companies across the financial sector hesitant about...
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Tesla Short Sellers Won Big Last Year—Will 2023 Be The Same Or Can Musk's Bullish Forecast Pull The Stock Back Up?
Wednesday, April 5, 2023 - 8:06am | 1803Read More...2022 was a rough year for Tesla, Inc. (NASDAQ: TSLA) stock as shares plunged 65% over the year. This made the stock the overall most profitable short trade of the year, generating $15.85 billion in profits for short sellers. While some bearish traders expect the downward trend to continue in 2023,...
















