Identifying Market Opportunities Daily

You may want to go back to bed. Futures are ugly. The Dow is currently down 372 points. The NASDAQ is down 191, as the S&P 500 slips about 53 points. Worse, on this last day of the second quarter, the S&P 500 is about to close out its worst first-half decline...

With oil prices up another $1 this morning, keep an eye on Occidental Petroleum (OXY). After catching support at $55, the oversold stock is starting to pivot higher. From a current price of $61.71, we’d like to see it challenge prior resistance around $72.50. Helping,...

Albemarle (ALB) is gaining traction. After falling to $200 and becoming oversold on RSI, MACD, and Williams’ %R, the lithium stock is starting to pivot higher. Last trading at $226.62, we’d like to see it refill its bearish gap around $240 a share initially. All as...

Keep an eye on Advanced Micro Devices (AMD). After becoming oversold on RSI, MACD, and Williams’ %R, the tech stock is starting to pivot higher. From a current price of $87.08, we’d like to see it closer to $110 again, near-term. Even Morgan Stanley analyst Joe Moore...

Bitcoin is pushing higher. After catching strong support around $20,000, BTC is now back up to $21,288.27. Hopefully, BTC will eventually refill its bearish gap around $30,000, near-term. While you can always invest in Bitcoin, another great way to gain exposure is...

Keep an eye on Occidental Petroleum (OXY). After dropping from about $74 to $55.77, the stock is now oversold on RSI, MACD, and Williams’ %R. Better, Warren Buffett’s Berkshire Hathaway just added more OXY stock. In fact, in a US SEC filing, the firm said it bought...

Pfizer (PFE) is technically oversold. Not only is it sitting at double bottom support dating back to April, it’s also over-extended on RSI, MACD, and Williams’ %R. From a current price of $48.33, we’d like to see it closer to $55. Helping, the US CDC just recommended...