Friday, November 15, 2024
Apple Inc. (AAPL) doesn’t seem to know the meaning of down. Since finding support around $137.50 in October, the $2.87 trillion tech giant’s stock exploded to a high of $174.59—and according to Morgan Stanley analyst, Katy Huberty there’s further upside ahead. In fact, Huberty believes Apple could race to $200 a share, and become a […]
Chip shortages could last well into 2023, at least according to Intel CEO Pat Gelsinger. In an October interview with CNBC, Gelsinger said: “We’re in the worst of it now, every quarter, next year we’ll get incrementally better, but they’re not going to have supply-demand balance until 2023.” While the shortage continues to be bad […]
We’ve seen some volatility in the markets thanks to a new Covid variant. But I’m looking at a stock that is primed to make a big move in December. It’s curling up on the chart and setting itself up to recent highs if we get better news about the variant in the next week or […]
Investors may want to keep an eye on casino stocks, like MGM Resorts International (MGM). After dropping from a high of about $51 to about $38, it appears the MGM stock has bottomed out. Not only is the MGM stock holding triple bottom support dating back to July, it’s incredibly oversold on relative strength (RSI), […]
One of the most well-known names in finance is Visa (V). The company operates the world’s largest electronic payments network, providing processing services and payment product platforms, including credit, debit, prepaid, and commercial payments. Visa traces its roots back to the issuance of the first Bank of America credit cards in the late 1950s. Visa […]
Dear Reader, The recent stock market volatility reminds me again of the power of reinvesting the income from your dividend investment strategy. Once you understand the compounding power of dividend reinvestment, you realize that it’s very good for your long-term wealth when the stock market goes through a period of decline. It’s something my Dividend […]
The Walt Disney Company (DIS) is a beloved company many investors have known of since their childhoods, after being introduced to characters such as Cinderella, Mickey Mouse, and Peter Pan. Most of these characters are featured in the company’s theme parks, which have become family destinations for many generations. Disney’s founders, Walt Disney and his […]
Market volatility has been at its highest since February. Small cap stocks have been particularly volatile lately. Keep in mind, small caps tend to get sold early when there is a flight to quality. The popular small cap stock ETF, iShares Russell 2000 ETF (IWM) dropped from a 52-week high near $245 all the way […]
Dear Reader, A recent Wall Street Journal article, “The Rules of Retirement Spending Are Changing,” did not bring good news. Instead, the article clearly reveals that traditional financial planning rules for retirement will not work for those who have diligently saved to fund a comfortable life after decades of work. I want to propose a […]
Market volatility is back and it has resulted in quite a bit of options action. One options chain that has been very active lately is Twitter (TWTR). The popular microblogging site has seen its stock drop substantially since the latest earnings release. Just this week, current CEO Jack Dorsey announced he is stepping down to […]
