SoFi Gains 17% After Milestone Profit in Q4 – Its Upside Potential & Timing Make it a BUY Right Now
SoFi Technologies (SOFI) started the week strong, headed towards its best performance on the stock market since the fall of 2022. It reached as high as 23% before correcting at around 17%. This is a result of the financial technology company delivering bombastic earnings for the fourth quarter of 2023, in which it posted a milestone profit. Just last [...]
Riding the Waves: A Week of Twists and Turns in Stock Trading
Market Recap: Navigating a Week of Market Surprises and Momentum Last week unfolded as a series of twists and turns in the stock market, shaped by a dynamic interplay of economic data and investor sentiments. The week kicked off with a broad sell-off on Tuesday, especially in the tech sector, driven by concerns over rising bond yields. The Dow, [...]
Best Stochastic Settings for Swing Trading
The stochastic oscillator is a pivotal stock indicator that guides traders through the ebbs and flows of the market. Mastering the best stochastic settings for swing trading - from the standard 14, 3, 3 to more aggressive and conservative configurations - can unlock a new realm of insight and precision. But navigating these settings doesn't have to be complex. The [...]
Intel Falls 10% on Downtrodden Earnings Forecast – Should Investors Be Worried? 3 Things to Consider
Yesterday after the bell Intel (INTC) shared an update on its Q1 earnings expectations that sparked concern among investors, and a sell-off ensued. The stock is down more than 10% in Friday’s trading session as a result. Intel is forecasting revenue between $12.2 billion and $13.2 billion, below the FactSet consensus of $14.3 billion. The earnings guidance is suggesting [...]
Humana Investors are Hurting After 14% Falloff Amidst Guidance Cuts: Why it May Be Time to Sell
Humana Inc. (HUM) is down more than 14% in Thursday’s trading session, as the losses keep piling up for investors over the past few weeks. The managed care company cut its guidance for 2024 while we’re not even out of January yet. Sky-high medical costs are taking a toll on the company, which has led to the decision to [...]
Best Broker for Swing Trading
Your swing trade broker is more than a platform, it's a pivotal partner in your journey to financial success. The right broker not only facilitates trades but empowers them, providing the insights, support, and tools for swing trading necessary for strategic decision-making. But with a plethora of options clouding the market, choosing the best broker for swing trading can be [...]
