The carnage in the market, which has resulted from the 30% decline in the NASDAQ since its November 22, 2021 high, is going to be remembered for a long time, especially by those who painfully held on to stocks that, in some cases, fell 50% or more from their all-time... READ MORE
Over the past two weeks, we have heard from many of the most visible companies in the world, including the FAANG stocks, Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google (GOOGL), who reported their Q1 earnings. The overall market reaction to the reports was mixed with traders particularly... READ MORE
It's that time of the year, Q1 Earnings Season, when thousands of companies reveal their numbers, including the good, the bad and the ugly. We've already seen a bit of everything, but that will pale in comparison to what is about to happen, with companies like... READ MORE
In this extremely volatile market, it pays to develop a trading strategy that can work in any market environment. And with Q1 Earnings getting ready to heat up in just a week or two, this, in turn, should provide traders with a ton of opportunities to make money through focusing... READ MORE
Back on December 31, 2021, our Chief Market Strategist Tom Bowley penned a ChartWatchers article titled "It Could be a Very Rough Start to 2022". Boy, was he right! In fact, look at the two charts below, showing the performance of both the S&P and NASDAQ... READ MORE
With the market in turmoil and volatility at a very high level, traders continue to be stymied -- it's tough to make any money unless you are decidedly short. But, underneath the surface there are still some stocks that continue to perform extremely well, or could be close... READ MORE
I sat down to write my article Friday morning and each time I thought I had the right headline -- I didn't! You see, it's different when the market is green, the VIX is calm, all is well. It's another thing when the NASDAQ... READ MORE
All we've been hearing about lately are Fed rate increases and inflation. This has, in turn, cast a cloud over the market as many traders head to the sidelines. But, from my perspective, the recent pullback in the market has created some unbelievable opportunities in beaten-down stocks. Case... READ MORE
When the S&P hit a record high on November 22, then proceeded to fall over 5% in just over a week, a lot of pundits declared the market was dead. The S&P had simply risen too much for the year and fallen below key technical levels,... READ MORE
The market has been under pressure the past several weeks after all of the major indexes hit record highs during November. The NASDAQ has particularly had a tough time getting back on track and it's hard to imagine any Santa Claus rally without the participation of tech stocks.... READ MORE
The news that a new variant has popped up spooked the market on Friday, with all of the major indexes getting hit hard. But the truth is the market had gotten overextended and really was in need of a pullback. It just so happens to be that the news about... READ MORE
This past Thursday evening, our Chief Market Strategist Tom Bowley unveiled his "Top 10 Stock Picks" for our 4 portfolios, 40 stocks in all. These stocks are meant to be held for the subsequent 90 days, when a new batch of stocks will be unveiled and the process... READ MORE
Like many traders, I have a few "go to" technical indicators I rely on when making trading decisions. One that I have found to be extremely useful over the years is the Relative Strength Index, better known as the "RSI". Investopedia says, "The Relative Strength... READ MORE
Tesla (TSLA) reported its earnings last week with the stock getting a nice boost in spite of a steady move higher since its mid May low. In fact, the company notched an all-time high on Friday as it exceeded $900 for the first time. TSLA wasn't the only... READ MORE
With Q3 earnings season kicking off over the next few weeks, it's important to try to identify those companies that might shine and those that might suffer once they release their earnings. It's true that you cannot rely solely on one company's chart to... READ MORE
On September 9, Affirm Holdings (AFRM) reported its earnings results after the bell. The market liked what they heard and saw, with the stock climbing a nifty 37.5% from the prior day's close to the high the day after the numbers were released. If you owned the... READ MORE
For a very long time, I have avoided holding stocks that I own into an earnings report. I should explain that I am more of a short-term trader, so I don't like the risk that goes along with holding a stock when they are about to report. And... READ MORE
In my last ChartWatchers article, I discussed ways to profit from the terrific earnings season that we just experienced. So many companies put up solid numbers which led to the market reaching an all-time high. I'm referencing my article from two weeks ago because it's a... READ MORE
Q2 Earnings season is winding down and, based on the record highs on all of the major indexes this past week, traders liked what they heard and saw. The solid earnings beats by many companies comes as no surprise, with interest rates remaining low while the Fed continues its bullish... READ MORE
If you have been paying attention to earnings, you would have seen that SNAP reported their numbers on Thursday and crushed all expectations. As a result, the stock was higher by over 25% at its peak the day after the numbers were released. While you might not have benefited from... READ MORE
The IYW is a US Technology ETF. Its three largest holdings are AAPL, MSFT and GOOGL. At its peak this past Wednesday, it was higher by 9.4% from the date it was added to our ETF Model portfolio on April 19, compared to the S&P of 5.... READ MORE
Nike (NKE) reported blowout earnings Thursday after the bell and the market liked what it heard and saw, with the stock rising by 15% when it opened for trading on Friday. The company smashed all expectations and even guided higher, a combo that launched it to an all-time high. Of... READ MORE
The Reddit crowd was at it again this past week as they mounted a full-out assault on short sellers, with some stocks making meteoric rises. The biggest example was AMC Entertainment (AMC), which tripled - repeat; tripled - over a one week period, rising from just over $12 to almost... READ MORE
The volatility we've seen in the market of late can be linked to some recent reports showing that inflationary concerns are becoming problematic. More specifically, the Labor Department reported that CPI rose by 0.8%, while the rate of inflation over the past year climbed 4.2% in... READ MORE
Last week was chock-full of blockbuster earnings reports, including AAPL, AMZN, FB, GOOGL and MSFT. Together, those five companies have a combined market cap of over $8 trillion. That's a lot of earnings fire power! Overall, the five companies in total had superb earnings including top line, bottom... READ MORE
Some traders focus all of their time, capital and attention on individual stocks. This can be a double-edged sword. On the one hand, focusing on individual stocks can produce outsized gains. But, of course, the opposite is also true; a trade gone bad on an individual stock can be financially... READ MORE
Williams Sonoma, Inc (WSM) reported their earnings this past week and proved that, even in a choppy market environment, strong earnings can be rewarded. In fact, look at the chart below, which shows the stock spiking a nifty 30% in just two days as traders cheered their performance. WSM had... READ MORE
Everyone is giving up on growth stocks, especially given the sharp rise in rates, with the 10 Year US Treasury Note rising as high as 1.62% on Friday. And now, any good news - i.e., a solid jobs report - is seen as bad news, with concerns of... READ MORE
While the overall market was working its way to new highs, the entire investing world (and many who had never been involved in the market before) was tuning in daily to see what the price of Gamestop (GME) was. A stock that was trading at just over $19 a share... READ MORE
Earnings season is off to the races, with Netflix (NFLX) flexing its muscles last week as it beat expectations all the way around, rising 18% at its peak the day after its numbers were released. Netflix isn't the only company to report strong earnings. JP Morgan (JPM) and... READ MORE
In my last ChartWatchers article, I mentioned that we had started a new ETF feature of the EarningsBeats.com service. This new feature is meant for those individuals who are interested in putting capital to work in ETFs as part of their trading strategy. Our first ETF Portfolio consisted of... READ MORE
A lot of traders opt for individual stocks when looking for outsized gains. But ETFs can produce great gains as well if you are able to identify which ones are poised to rise. As an example, take a look at the chart below on the Clean Energy ETF, PBW. As... READ MORE
At EarningsBeats.com, we created a list of stocks that are historically among the best-performing ones during the month of December. This list was created on November 30 and one of the companies on the list, Seagate Technology Holdings (STX), has not disappointed. As you can see, so far this... READ MORE
The market rotation of late has resulted in some explosive moves in some "forgotten stocks." This has been particularly true of those stocks that have a high percentage of shares short. As an example, take a look at the two charts below. Both of these stocks are on... READ MORE
This past week, we saw traders turning their attention away from some of the high-flying "Stay at Home" tech stocks to some other sectors that could fare well if the recently announced COVID vaccines have the promising effect that is hoped for. We've certainly noticed the... READ MORE
Earnings season is in full swing and, so far, we've seen some really solid results. That might seem counterintuitive, given the bloodbath of late; however, two companies that recently knocked it out of the park were Snap (SNAP) and Pinterest (PINS). In the case of SNAP, you can... READ MORE
It's very true at the moment that this is a "stock pickers" market, meaning it really makes a big difference which individual stocks you are trading unless you focus more on ETFs. For example, as you can see below, one of the stocks in our "... READ MORE
At EarningsBeats.com, we provide our members with various ChartLists of stocks that we believe could give them an upper hand when trading. This includes our Short Squeeze ChartList, which currently has 79 companies that have short percentage of float above 20%. This means that many traders are betting against... READ MORE
Anyone who has followed the market like I have through every possible scenario, from the dot-com bubble to 9/11 to the Great Recession to what we've seen the past few days, should have recognized that the market was getting VERY extended. When you start seeing Stochastics near... READ MORE
It's been a very exciting time for the bulls, with the NASDAQ and S&P hitting all-time highs this week. In fact, for those who have been skeptical and sat out the move off of the March 21 bottom, this has been painful to watch, with the... READ MORE