"I'm wildly bullish, and I may be dead wrong, but I'm wildly bullish."
Back in early March, anticipation buzzed as investors hinged on the Elliott Wave Principle (EWP) for insights. The forecast pinned hopes on the scenario where the index—akin to the journey of bears past—would skyrocket above critical levels to hit the ~$5260 bulls-eye target. Fast forward …
Exploring a Corporate Courtship Ungrim/iStock via Getty Images Schneider Electric (OTCPK:SBGSF) is currently engaged in discussions to potentially acquire engineering-software company Bentley Systems (NASDAQ:BSY) in an agreement that could exceed a substantial $15 billion valuation. A Tale of Potential Union The two companies are in …
Identifying Notable Changes in ETF Shares Outstanding Examining the week-over-week alterations in shares outstanding among the ETF universe, a standout performer is the iShares Russell 1000 ETF (Symbol: IWB). It has experienced an approximate $96.3 million inflow, marking a 0.3% increase in outstanding units from …
Exploring ETF Outflows Among Major Stocks ETF Outflow Alert: SPY, AMZN, META, GOOGL Exploring the changes in shares outstanding among various ETFs, a notable observation emerges with the SPDR S&P 500 ETF Trust (SPY). This week, a significant outflow of approximately $5.7 billion has been …
Can a company with a market cap of over $2.5 trillion ever be considered an underdog? The answer may lie in the story of tech giant Apple (NASDAQ: AAPL), which appears to be falling behind its “Magnificent Seven” peers. With shares down by 9% since …
Warren Buffet’s timeless advice echoes through the stock market: when the crowd panics, consider buying; when others exult, it may be time to sell. One tool investors employ to gauge market sentiment is the Relative Strength Index (RSI), a technical indicator measuring a stock’s momentum …
The anticipation surrounding Netflix’s financial performance is palpable, especially since the streaming giant no longer gives subscriber growth guidance. With a staggering 260 million users globally as of the end of 2023, Netflix remains unrivaled in the streaming space. The market echoes this sentiment, propelling …
As the spotlight shines brightly on artificial intelligence (AI) in the financial world, tech powerhouse Microsoft (MSFT) stands out as the “Magnificent 7” leader in the AI software realm. Last year, Morgan Stanley (MS) pinpointed Microsoft as the paramount software company positioned to thrive amidst …
The Ascension of Nvidia 11 years ago, Apple, ExxonMobil, Alphabet, and Berkshire Hathaway dominated American corporate landscape. Today, only Apple and Alphabet reside in the top four, with Berkshire Hathaway displaced to No. 7, and ExxonMobil and Walmart ousted from the top 10. Image source: …
Chipotle Mexican Grill Inc (CMG) Chipotle Mexican Grill Inc (CMG) witnessed a surge in options trading volume on Tuesday, with 4,689 contracts traded, equivalent to about 468,900 underlying shares. This figure represents an impressive 165.5% of CMG’s average daily trading volume over the past month. …