Biotech stocks have tumbled in recent months and years. For example, the SPDR S&P Biotech ETF (NYSE:XBI) has sunk 40% so far this year. As a result, there are many oversold biotech stocks for investors to buy. But in the next six months, two main factors should push the sector much higher. Here are three oversold biotech stocks that are…
If You’ve Ever Asked Yourself, “What Is RSI In Stocks?” This Is For You. Relative Strength Index, or RSI, is a technical indicator commonly used by traders to assess whether a stock is overbought or oversold. The Relative Strength Index calculates the ratio of upward price movements to downward price movements over a given period of time and then plots…
As we begin another week of trading in the stock market, retail stocks appear to be in focus. Investors can expect plenty of action from the sector as Walmart, Lowe’s (NYSE: LOW), and many other consumer juggernauts are expected to report their earnings. In fact, Dillard’s (NYSE: DDS) has already set the tone last week after announcing favorable first-quarter financials.…
Despite their notorious volatility and higher-than-average investment risk, penny stocks can energize a portfolio’s returns profile for investors seeking aggressive growth opportunities. Investors looking for some interesting low-priced stocks to buy may wish to check out some penny stocks to buy for the remainder of 2022. Returns on these investments can be phenomenal, quick and yet very risky. Due to…
The next few years (and decades) are expected to provide strong tailwinds for companies involved in the electric vehicle (EV) industry. The key will be how fast the U.S. can build up the massive EV infrastructure required to make a seamless transition. EV drivers will need access to charging stations across the country, just like combustion-vehicle drivers currently have access…
Chris Vermeulen sits down with Jim Goddard on HoweStreet to discuss the recent massive panic selling in the stock markets. Other than cash, natural gas and the US Dollar are the only two safe havens at the moment. When fear spikes, people being to liquidate every asset they own no matter the price. A ratio of over three on the…
As investors lookout for the most active stocks in the stock market today, oil and gas stocks continue to shine. Overall, some of the biggest names in the space are on the uptrend now. By and large, this is likely the result of soaring oil prices and dwindling global energy supplies. All of which are mainly stemming from the ongoing…
Throughout most of the publicly traded journey of e-commerce platform ContextLogic (NASDAQ:WISH), the route has been treacherous. What started out as an intriguing concept — evidenced by a peak price of more than $30 per share — gradually tumbled into what many analysts regard as a lost cause. Certainly, following the May 3 session when the security closed at $1.76,…
Selling puts is a neutral to bullish strategy. Traders tend to overcomplicate things. This is especially true with options trading where puts and calls can be bought and sold in seemingly endless combinations with cute names like calendars, diagonals, butterflies, iron condors, ducks, lizards, and so on. While more complicated strategies have their place, are they necessary to be a…
Amid a busy week of earnings reports from big tech names, semiconductor stocks remain relevant in the stock market today. For the most part, this would be because of the crucial role semiconductors play in most of the tech we use. From smartphones and computers to washing machines and televisions, most digital products we use every day rely on semiconductors.…