Stock Market Analysis

Target's stock jumps 12% on better-than-expected Q4 earnings and revenue, with an optimistic earnings forecast for fiscal 2024, leading to analyst upgrades. Costco shares fall 4% after missing...

The rally in the stock market is showing no signs of slowing down due to the AI boom. Amid the current backdrop, I used the InvestingPro Stock Screener to find cheap, undervalued companies with...

Yesterday was a bizarre day across the board, from market price action to some strange Q&A with Powell in the Senate to Broadcom's (NASDAQ:AVGO) bizarre post-earnings price action. There are just...

Yesterday was a bit of a mixed bag with all recording gains (good), but the Russell 2000 (IWM) finished with a 'black' candlestick (close less than open price) that leaves bulls pressured and...

The past 15 months have been very good for Coinbase's (NASDAQ:COIN) stock price.During that time, COIN has rallied from $31 to over $230. And the rally has seen some wild volatility. Today’s...

EV stocks, including Tesla and BYD, are down this year as indexes keep making new records. This has come at a time when the medium-term outlook for EV companies looks bleak. So going forward, which of...

Valuation metrics have little to do with what the market will do over the next few days or months. However, they are essential to future outcomes and shouldn’t be dismissed during the surge in...

Deloitte predicts a robust 13% growth in the production of crucial chips across various industries this fiscal year. The memory chip market growth stands out in the report, and European chip companies...

Falling behind Magnificent Seven, Apple (NASDAQ:AAPL)'s bottom line is hindered. Will iPhone 16 sales and AI rally the company?Apple stock is down -8.3% year-to-date, trending the opposite to its...

The latest stock market rally has taken several key indexes to new highs.One such index is the Equal Weight S&P 500. While this is bullish, today’s long-term “monthly” chart of...

According to the latest “China Luxury Report” by Bain & Company, China's luxury market is poised for modest growth this year after a commendable 12% year-on-year increase in 2023....

According to a recent report titled “Global Equity Views 1Q 2024” from J.P. Morgan Asset Management, the hype surrounding artificial intelligence (AI) technologies is expected to wane in...

Mid-cap stocks strike a good balance between growth potential and stability. In this piece, we will explore promising opportunities with three mid-cap companies positioned for growth. These companies...

First published Monday March 4 on ElliottWaveTrader.  This past week, I challenged my clients in the following manner: “Look back this week at all the things you thought were...