"I'm wildly bullish, and I may be dead wrong, but I'm wildly bullish."
Like a frog in a pot of boiling water, things keep getting more uncomfortable for Super Micro Computer (NASDAQ: SMCI) as times goes on. Supermicro’s growing accounting debacle began in late August as the target of a short report from Hindenburg Research. Just a day …
Investing doesn’t have to be complicated. Sure, you can research stocks in-depth and buy potential winners. Many investors do and make a lot of money over the long run. However, you can also take a much easier path. Exchange-traded funds (ETFs) offer a simple and …
MercadoLibre MELI reported third-quarter 2024 earnings of $7.83 per share, which missed the Zacks Consensus Estimate by 30.52% but increased 9.4% year over year. Revenues rose 35% on a year-over-year basis (103% on a FX-neutral basis) to $5.3 billion. The top line surpassed the Zacks …
Investors can breathe a sigh of relief as October inflation data met economists’ expectations, though the annual headline rate showed a slight uptick from the previous month. As anticipated, the Consumer Price Index (CPI) rose 2.6% year-over-year in October, marking an increase from September’s 2.4% …
Cloudflare Inc. NET just flashed a Golden Cross—a classic bullish signal that has technical traders buzzing. Chart created using Benzinga Pro Cloudflare stock’s 50-day moving average has crossed above the 200-day simple moving average (SMA), hinting at potential longer-term strength. At $90.91, Cloudflare stock is …
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared …
The Russell 2000 Index has been showing signs of life in 2024, breaking out from a long-standing base and closing in on targets near 2450. According to JPMorgan analyst Jason Hunter, small-cap stocks may finally be ready to outperform their mega-cap tech peers. This may …
The price of Bitcoin rallied to nearly US$90,000 on November 12, topping out at US$89,645. The popular cryptocurrency has been rising on the heels of last week’s US presidential election, which saw Donald Trump and the Republican Party declare victory after securing all seven swing …
For the last couple of weeks, the capital markets featured some pretty outsize volatility as the outcome of the presidential race between Vice President Kamala Harris and former President Donald Trump looked like a toss-up. But now that the outcome is clear, investors surely are …
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 ETF (Symbol: SPLG) where we have detected an approximate $586.3 million dollar inflow — that’s a 1.2% increase week over week …