Identifying Market Opportunities Daily

Keep an eye on oversold cybersecurity stocks, like Palo Alto Networks (PANW). Just weeks ago, the company cut its full-year revenue guidance to a new range of $7.95 billion to $8 billion from $8.15 billion to $8.2 billion. However, it appears most of that bad news has...

Keep an eye on Lennar (LEN) on its recent dip. Company director Amy Banse just picked up 1,575 shares of LEN on April 10 for just over $247,000. Helping, Wedbush analysts recently raised their price target on the homebuilder stock to $144 from $133 a share. Analysts...

Coca-Cola (KO) looks good on weakness. After dropping to $58.18 from $$61, it’s now oversold on RSI, MACD and Williams’ %R. But it is starting to bounce back fast. From its last traded price of $58.91, I’d like to see it retest $61. Better, while we wait for it to...

As we near the U.S. elections, cannabis stocks are pushing to higher highs. For one, with 88% of the public believing cannabis should be legal, there’s growing speculation we could see rescheduling and positive mentions to boost potential votes. In addition, Florida...

Keep an eye on Bitcoin mining stocks, like Riot Platforms (RIOT) ahead of the Bitcoin halving. Ahead of the 2020 halving, RIOT was just bottoming out at around 95 cents. By the halving, it was up to $1.70. It would then run to $52.73. Ahead of the 2016 halving, it was...

With Middle East tensions boiling over, Bitcoin is slipping from its record highs. Last trading at $63,553.40, it was down $2,223.30 as of yesterday’s close. With it likely to fall further on geopolitical issues, one way to trade the downfall is with the ProShares...

“Keep an eye on oil stocks, like Occidental Petroleum (OXY),” we noted on April 1. “With oil now up to $83.17, and gushing higher heading into the warmer months of the year, oil stocks could run even more. According to GasBuddy, oil prices are pushing higher as more...

“Gold prices are about to hit $2,300,” we said on April 4. “All thanks to global tensions, hopes for interest rate cuts from the Federal Reserve, and consistent buying from global central banks. From its last traded price of $2,292.04, we’d like to see gold rally to...

With the booming obesity drug market, keep an eye on Altimmune (ALT). According to data from its MOMENTUM trial, the company said its pemvidutide treatment led to weight loss while preserving lean mass.  Data from a 48-week trial showed that about 74.5% of weight loss...

Advance Auto Parts (AAP) looks interesting. After pulling back from about $87.50 to $70.46, the stock appears to have caught strong support. From here, we’d like to see it retest resistance at $87.50 again shortly. Helping, Director Brent Windom, who was added to the...