The play right now is in the metals space – gold, silver, industrial metals, mining, etc. The steel sector as a whole isn’t doing real well right now, but what the heck steel it’s a metal and GSI is showing massive buy demand on a recent breakout. Take a look at the chart below. At the beginning of March General Steel (GSI) staged a massive 60% breakout move with extremely heavy volume and now needs … Read the rest
Stock Charts Review – AMAT, NSTG, ENTA; Metals Are The Play Now
Well it’s been a long time once again since I’ve posted here so realistically consistent posting probably isn’t going to happen. All my time these days is spent with Bumblejax which has been a terrific journey and remains my passion, but I miss the stock analysis and trading which I have only dabbled in the past few years. However, the decision to step away from the market was the best decision ever for both my … Read the rest
Headlines: Twitter IPO, Soaring Home Values, Apple’s iTunes Radio & 5C & Inspiration!
Here are some business and stock market headline news stories to chew on this evening…
Home Values Have Soared Over Past Year!
Across 20 major US cities, the average home value increase was 12.4% which is the most in 7 years! However, it looks as though the rate of increase has peaked for now. “More cities are experiencing slow gains each month than the previous month, suggesting that the rate of increase may have peaked,” … Read the rest
Applied Materials (AMAT) Surges To 5Yr High On Tokyo Electron Mega Merger News
Applied Materials (AMAT) is surging higher today to a new 5 year high after it was announced it would merge with another global giant, Tokyo Electron Limited, in an […] Continue Reading…… Read the rest
Biotech IPO Breakout – NanoString Technologies (NSTG)
Earlier today I mentioned that the small biotech/pharma plays have really been moving and while I typically stay away from these highly risky and volatile plays, they can provide […] Continue Reading…… Read the rest
IPO Biotech Breakouts – Enanta Pharma (ENTA)
It’s been quite awhile since I’ve posted here, but hope to be more consistent with profitable stock trade ideas! With today’s post I highlight the first of 3 biotech […] Continue Reading…… Read the rest
Solar Stocks Soar On First Solar (FSLR) Guidance
It’s been a volatile few months for solar stocks which saw a big surge off the bottom late last year only to retest those lows recently. Today, solar stocks […] Continue Reading…… Read the rest
Tesla (TSLA) Soars After Confirming Profitability, Providing Breakout Entry
A few days ago shares of Tesla Motors (TSLA) staged a significant breakout move above previous resistance, sending the stock to all time highs. Technically, this is an extremely […] Continue Reading…… Read the rest
Facebook (FB) Stock Chart Update: Bearish Break Down
Facebook (FB) stock has had quite a run since its Q3 earnings report back in late October. After that report I mentioned that a floor was likely in the […] Continue Reading…… Read the rest
Tesla (TSLA) Tanks After Reporting Wider Loss Than Expected, But Profit In Sight
Tesla Motors (TSLA) reported earnings last night that provided a bit of fuel for skeptics, but hope remains and the company has indicated profitability is just around the corner. […] Continue Reading…… Read the rest