Last week, Block (SQ) took some hits due to the news of a short report coming out against the stock. This report was enough to send the stock off a cliff, however, the stock was able to rally off key support at $60. If the rally extends, the ideal target might be $70. As you can see […]

I understand the stock market behaves as a discounting mechanism, pricing in future expectations rather than current conditions. However, if you had asked me last Monday, when the banking crisis was unfolding, where I would have placed my bets, it wouldn’t be that the market would be higher, let alone enjoying one of best weeks […]

The Fed’s aggressive monetary policy stance led to the sell-off in tech stocks since last year. However, given the scope for long-term growth, the tech industry is well-positioned to deliver solid returns. Therefore, I think it could be wise to buy fundamentally strong tech stocks Cisco Systems, Inc. (CSCO), Nokia Oyj (NOK), and Juniper Networks, […]

Over the past few months, as Powell & Co. made it clear they would stay the course of rates going higher for longer, many people abandoned any nuanced analysis of ‘dot-plots’, terminal rates or curve inversion and adopted the stance the Fed would simply keep tightening “until something breaks.” I would venture to say last […]

Welcome back for another exciting week of trading. Today we have an old favorite on watch today as it has set up one of our favorite setups. Make sure you check out the full video breakdown below for all the details on what I am seeing. PDD Holdings (PDD) has created a large head and shoulders […]