Does Technical Analysis Work?
You know that technical analysis plays a role in uncovering and validating opportunities, but how effective is it? Does technical analysis work, or are you better off using another means of analyzing stocks? In this quick guide we’ll answer these questions and many others you may have about how effective technical analysis is. We’ll explain how technical analysis works, why [...]
Amazon is Down 4% Amidst a Legal Battle With the US Government: What This Means for Investors
Threats of antitrust lawsuits and government intervention have been a concern for Amazon (AMZN) and its investors for years as the e-commerce giant gobbles up competition and appears more and more like a monopoly. But all this came to a head on Tuesday as the US government announced via the Federal Trade Commission (FTC) that it is suing Amazon [...]
United Natural Foods Falls 24% on Weak Earnings and Dismal Outlook: Time to Sell This Stock?
Providence, Rhode Island-based United Natural Foods Inc. (UNFI) has fallen more than 24% in Tuesday morning’s trading session so far. The company reported fiscal 4th quarter earnings that left much to be desired, while also issuing a warning for the road ahead. The company reported a steep net loss of $68 million for the quarter, which comes out to [...]
What is Technical Analysis of Stocks?
While much has changed over the course of the stock market’s history, one thing that has never changed is the value of having a reliable, consistent approach to uncovering opportunities, validating them, and executing the trade. One such method, a blend of art and science, has been the cornerstone for countless success stories: technical analysis. But what is technical analysis [...]
Warren Buffet is Purging His HP Position – Should Retail Investors Do the Same? 3 Things to Consider
HP (HPQ) fell nearly 3% in pre-market trading Monday morning before settling at around a 1% loss when the market opened. The stock is suffering from news of billionaire investor Warren Buffet selling off his shares of the PC maker in the last week. The SEC filing shows a sale by Berkshire Hathaway of 4.8 million shares valued at [...]
Apollo Global Management, Inc. Hits All-time High on September 20: Can It Keep Going Like the Energizer Bunny?
By Leslie N. Masonson, MBA Apollo Global Management, Inc. (APO) stock price has doubled to $90.81 since its low of $45.62 on October 13, 2022, with an average trading volume. However, since hitting a recent low of $78.39 on August 18th, it has surged to $93.18, marking a 19% increase in just 22 trading days. Notably, APO has maintained [...]