The cannabis sector experienced a significant downturn following Donald Trump’s presidential election victory. This article details the top cannabis stocks and ETFs that faced major losses, highlighting the percentage decline and trading volume for each.
As the US awaits election results, investors are closely monitoring stocks that could be significantly impacted by a win for either Republican Donald Trump or Democrat Kamala Harris. This article analyzes key sectors and specific companies poised to benefit or suffer depending on the outcome, providing insights into the potential market shifts.
As of November 5, 2024, three stocks in the consumer discretionary sector are exhibiting overbought signals, potentially indicating a short-term price correction. Yum China Holdings (YUMC), Trip.com Group (TCOM), and Everi Holdings (EVRI) have all recently experienced price surges, pushing their Relative Strength Index (RSI) above the commonly accepted overbought threshold of 70. While strong performance is positive, these elevated RSI values suggest caution for investors focusing on momentum strategies.
Benzinga Pro, a popular platform for traders, reveals the most searched stocks in October 2024. Tesla reclaimed the top spot, while Nvidia and Trump Media & Technology Group saw significant gains. This article delves into the factors driving these trends, including election-related speculation and stock market performance.
U.S. stock futures are trading mixed this morning, with several companies set to report earnings today and tomorrow. This article highlights key companies like Constellation Energy, Marriott International, Chewy Inc., Wynn Resorts, and Celanese Corporation, providing insights into their expected performance and potential market impact.
Last week saw significant gains for several large-cap stocks, driven by strong earnings reports and positive analyst forecasts. This article highlights the ten best-performing stocks and analyzes the factors behind their impressive growth.
Charter Communications shares jumped in pre-market trading after the company reported better-than-expected third-quarter earnings. Other notable pre-market movers include Globalstar, Theriva Biologics, and Atlassian. Learn about the companies with significant gains and losses in today’s pre-market trading.
As of November 1st, 2024, two utilities stocks, Entergy Corp (ETR) and Xcel Energy Inc (XEL), are showing signs of being overbought, according to the Relative Strength Index (RSI). This could be a warning signal for investors who prioritize momentum in their trading decisions. This article dives into the reasons behind these companies’ high RSI values and provides insight into their recent performance.
As of October 31, 2024, two real estate stocks, SL Green Realty Corp (SLG) and Digital Realty Trust Inc (DLR), are showing signs of being overbought based on their Relative Strength Index (RSI) readings. This could be a warning signal for investors who rely on momentum as a key factor in their trading decisions.
U.S. stocks rallied on Tuesday, fueled by a wave of positive earnings reports from major companies. Snap, Reddit, Omnicell, and Unisys all saw significant share price gains after exceeding analysts’ expectations for their third-quarter financial performance. Other notable gainers included Garmin, Exelixis, and Cheesecake Factory, highlighting a positive sentiment across various sectors.
