Identifying Market Opportunities Daily

With the football season underway, keep an eye on DraftKings (DKNG). Currently consolidating at $38.44, we’d like to see it retest $42 initially. For one, according to the American Gaming Association, Americans are expected to spend about $35 billion on NFL games this...

With gold prices heading higher, the dip in Barrick Gold (GOLD) looks interesting. After slipping from $21.21, it caught strong support at $19.30 and is just starting to pivot higher. From its last traded price of $20.07, we’d like to see an initial retest of $21.21....

With oil prices starting to gain momentum again, keep an eye on Exxon Mobil (XOM). After a recent dip to $122.09, it appears to have caught strong support and could push aggressively higher again. All on growing concerns we’ll see more fighting between Israel and...

Keep an eye on UPS (UPS). After pulling back from about $137 to $130.96, it appears to have caught strong support. Plus, as noted by analysts at Citi, the dip is a buy opportunity. The firm now has a price target of $162, noting that, “Despite share loss to Amazon...

Just yesterday, we again highlighted Generac Holdings (GNRC). In fact, we noted, “From $157.50, the stock ran to $160.18 so far. And it could push even higher, especially with Tropical Storm Milton expected to hit Florida as a major hurricane midweek.” Now at $173.82,...

On September 25, right before Hurricane Helene made a mess, we noted, “With a new hurricane nearing the U.S., generator stocks like GNRC will typically run higher. In fact, that’s starting to happen now, with GNRC bouncing from support at $140. Last trading at...

Oil prices are just starting to gush higher, as expected. Now up to about $74, there’s fear oil could gush to $100 should the Middle East fiasco get even worse. We also have to consider that President Biden may be supportive of a possible Israeli strike on Iranian...

One of the best ways to spot opportunity is by keeping tabs on stocks being upgraded. Oftentimes, a firm will upgrade a stock if the financial health of the covered stock has become favorable. Or, perhaps they liked what the covered company said in a recent meeting....

Iran just attacked Israel. That, according to the U.S. will be met with “severe consequences for Iran.” In fact, according to a recent tweet, “IDF Spokesman Rear Adm. Daniel Hagari says Israel will respond to the Iranian missile attack on the country.” "We are on...

Keep an eye on FedEx (FDX). After gapping from about $308 to $253.50, the stock is just starting to pivot higher. It’s also starting to pivot from over-extensions on RSI, MACD and Williams’ %R. From its last traded price of $273, we’d like to see a near-term gap...