In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the negative shift that’s evolved over the past week in the market and highlights key signals of capitulation you should be watching for. She then shares the move into Value stocks she’s seeing as heavy selling hit well known stocks – Google, Meta and Microsoft….
Ancillary Companies Shaping the Future of Cannabis This week, several marijuana stocks are drawing attention due to their volatility and potential for growth. The cannabis industry in the U.S. has seen remarkable progress, particularly with more states legalizing its use. According to recent statistics, the U.S. cannabis market is expected to grow substantially. By 2025,…
3 Things to Consider About Penny Stocks When Trading Penny stocks represent a unique segment of the investment landscape, typically referring to stocks priced below $5. These stocks are accessible to a wide range of investors due to their affordability, offering a gateway to the world of trading with a lower initial capital compared to…
Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are trading lower Friday after the company announced it is considering a reverse stock split with a range between 1-for-2 and 1-for-20. The Details: According to an SEC filing, Virgin Galactic will hold its 2024 annual meeting of stockholders on June 12 at 9:00 a.m ET. The company included…
While our major equity benchmarks showed incredible strength in Q1 2024, breadth conditions have been deteriorating since mid-March. Despite the weakening breadth readings, and the initial breakdowns of the S&P 500 and Nasdaq 100, leading growth names, including the formerly-described Magnificent 7 stocks, had remained in clearly-defined uptrends. This week, some of the top-performing stocks in…
3 Essential Risk Management Rules to Follow When Trading Penny Stocks Risk management is a fundamental aspect of trading penny stocks, allowing investors to protect their capital while exploring opportunities for substantial gains. Effective risk management strategies are crucial in navigating the volatile nature of penny stocks, which, while offering significant profit potential, also present…
Cannabis Investing: 3 Marijuana Stocks That Could See Better Momentum Marijuana stock investors are always looking for the next opportunity. Now may be a good time to begin learning about the cannabis sector. 2024 is showing promise to be a strong year for both cannabis businesses and marijuana stocks. The cannabis sector has been through…
This 4/20 cannabis retailers anticipate record-breaking sales fueled by last year's +130% spike and the fortunate alignment of this year's celebration falling on a Saturday. As dispensaries gear up for the influx of customers, all eyes are on the leading brands and cannabis companies poised to dominate the market. But, which cannabis companies are strategically positioned to…
The S&P 500 is down 5.5% this month and volatility is rearing its ugly head. This is a good time to get some perspective by putting the move into context. My goal is to see the forest, as opposed to a few trees. First, we need to know if we are in a long-term uptrend…
Here Are Ways To Invest In The Best Marijuana Stocks When it comes to looking for marijuana stocks to buy oftentimes people use some type of guideline For example you would not just invest in any cannabis company. You would want to make sure that the company was in good standing with its business. So…