Record Highs and Overbought Conditions Remain in Focus For the week, the Nasdaq gained 1.5% and the S&P was up 0.6%. The Dow slipped 0.1% while the Russell added 0.3%. Year-to-date, the Nasdaq has rallied 8.2% while the S&P is higher by 7.1%. The Dow has added 4.1% and the Russell is up 10 points, […]
Category Archives: Hot Stocks
The major indexes cleared two levels of resistance last week on Tuesday’s breakout of the mini trading ranges from the prior week, while testing February resistance levels on Thursday and Friday. The higher highs sets up and explosive situation heading into the second quarter earnings season that starts in a couple of weeks. The 4% […]
With shares of Tesla (TSLA) breaking out to higher highs, investors might want to add Direxion Daily TSLA Bull 2X Shares (TSLL) to their Watch List. This is a leveraged exchanged-traded fund (ETF) designed to move 200% of the daily performance of Tesla stock. In other words, if TSLA is up or down 1%, TSLL […]
Goodyear Tire & Rubber (GT) is a multinational company that will have to navigate thru the current tariff conditions as they operate roughly 80 plants across 27 countries. Although share price could fluctuate based on trade policy uncertainty, Goodyear’s future growth and profitability remain attractive. If a tariff war escalates, Goodyear Tire would face […]
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