Some technology stocks are currently undervalued and could be a good buy right now. One way to identify such opportunities is by looking at a tool called the RSI, which stands for Relative Strength Index. This tool helps us understand how strong a stock is when it’s going up compared to when it’s going down. … Read more
Stock futures pointed to a lower start on Tuesday as the selling pressure that dominated September persisted on Wall Street, following gains in the previous session. Futures linked to the Dow Jones Industrial Average were down by 130 points, or 0.4%. S&P 500 futures and Nasdaq-100 futures both declined by 0.5%. These declines … Read more
One car company is in the spotlight amid an investigation into electric vehicles coming from China to the European Union, and that’s Tesla Inc. As authorities gathered information for an EU anti-subsidy investigation regarding Chinese EVs, it became evident that Tesla, among other companies, may have benefited from subsidies, as per insiders. Tesla’s … Read more
The industrials sector has some stocks that seem to be way too popular right now, and this could be an opportunity to bet against these companies that appear to be overpriced. Now, let’s talk about something called RSI, which is like a tool that helps us understand how strong a stock is. It looks at … Read more
In Tokyo, Today’s Asian stock markets faced a tough day on Tuesday due to concerns about two major issues: a potential U.S. government shutdown and the challenges the Chinese economy is currently facing. Japan’s Nikkei 225 index dropped by 1.0% during afternoon trading, reaching 32,357.25 points. Australia’s S&P/ASX 200 also saw a 0.5% decline, … Read more
The Nasdaq 100 ended slightly higher last Friday. However, investors were more interested in some significant insider trades. When insiders sell their company’s shares, it can mean a few things. It might be a planned sale, or it could suggest that they have concerns about the company’s future or that they think the stock is … Read more
On Monday, the CNN Money Fear and Greed index showed that investors were feeling “Fear.” U.S. stocks had a better day as all three major stock market indicators rebounded from four consecutive days of losses. Looking at economic data, the Chicago Fed National Activity Index went down to -0.16 in August, which is a drop … Read more