Category: Investment News

The S&P 500 will open in the green after a strong retail sales number out this morning. It has been a volatile week and todays options expiration will no doubt create a volatile day. If the S&P can close above 3480, the bulls can claim victory with another green week. September retail sales m/m came in at 1.9% v the 0.8% expected. Sales excluding auto and gas were 1.5% v the 0.5% expected. The control group, which is used for GDP calculations, came in at 1.4% v the 0.3% expected.   The bulls will be happy with this data as[…]

Hey everybody, Dave Bartosiak with Trending Stocks. Ahhh, the ‘Rona. COVID-19. Novel Coronavirus. A scourge by any other name. Now, I am a light-hearted kinda guy, that often times borders on inappropriate. Or, I’m way past the line, looking back at it like, oops, my bad. I don’t want anyone to come away with the feeling that I am downplaying the seriousness of this worldwide pandemic. Enough disclosure. Here in America, we are back-to-back World War champions. Russia could make an argument for a tag-team win in the last one, but come on. ‘Murica. Love him or hate him, The[…]

The S&P 500 will open above the 3420 level, which has been a big resistance area for investors to surpass since early September.  If the buying can hold, this would mark a victory for the bulls to start out the fourth quarter. There is a lot of news flow this morning, but the key to the rally over the last two days was stimulus. While a large package doesn’t seem to be realistic, investors are hopeful that a skinny deal can be agreed on. From there, the election will determine how the next stimulus package comes forward. The bull’s theory[…]

Big Tech has undoubtedly been the driver of 2020’s astonishing rally from its March lows, but their remains some legacy tech giants that have seemingly fallen behind the innovative-curve. At the turn of the century, Cisco (CSCO), Intel (INTC), Microsoft (MSFT), and IBM (IBM) were the hottest tech stocks on the scene. All but the successfully adapted MSFT are looking at their peak performance in the rearview mirror. The unprecedented pandemic has not been kind to many legacy names.  As investors, we need to decide whether these 3 legacy stocks will fade into the abyss or rise from the ashes[…]

Hey everybody, Dave Bartosiak here with Trending Stocks. Big data is a big deal. Nowadays, everything we do is tracked, stored, analyzed and used to make decisions. The most infamous examples of this are tech giants Facebook (FB) and Google (GOOG). Well, a new big data, big brother, big paranoia for the tin hat wearing crowd has entered the fray. It’s recent IPO Palantir (PLTR). How many companies out there do you know that have received financial backing from the CIA? Shhhh, don’t answer that question. They can hear you. Cofounded by Peter Thiel of PayPal fame, Palantir was one[…]

The world is becoming enthralled by the impending automotive takeover by exploding electric vehicle (EV) giants like Tesla (TSLA), Nio (NIO), and Nikola (NKLA), with their public shares illustrating enormous outsized returns in 2020. In the wake of the highest-profile pandemic in recent history, the EV market has never been more electrified than it is today. I discuss the EV market’s potential in more detail in my latest piece: The EV Revolution Spells Opportunity. There is an enormous amount of optimism in this space, and retail investors have been aggressively buying into EV stocks with seemingly no regard for valuation. At[…]