News

Meta Platforms closed the day down 24.56% after a weak earnings report showed unexpected spending on the metaverse. During the current bear market, we had expected Meta to fall to roughly $116, where a specific level of support was for […]

Enphase is up 3.21% after hours thanks to an earnings beat. This earnings beat is rare for this stage of the bear market and just goes to show how strong a future Enphase still has as a stock. If you […]

Google is down 6.58% after hours on an earnings miss. Based on what we have seen other stocks do after earnings misses this year, it could drop to potentially double that amount by the end of tomorrow’s trading day. If […]

Today the indices bounced considerably. The Nasdaq rose 2.07% and the S&P was up 1.61%. According to some analysts, this was important for the overall cyclical bull market to continue. We had experienced oversold positions in the indices and many […]

Whoops . . . I recently said I liked Baidu at $92. Under a week later it has fallen to $73.88 before closing today at $79.75. The fact that Baidu did bounce back today quite quickly suggests this stock won’t […]

Xpeng sold off today to as low as $6.44 on the news that Xi Jinping will remain in power at the Chinese Communist Party for a third term. It has also been suggested that Xi Jinping has more people who […]

Nio had dipped to as low as $8.43 today following the news that Xi Jinping will retain his presidency and bolster his political party. Who would have thought we would ever see Nio at $8.43 again? That’s how low the […]

Many US asset managers are highly recommending Telsa at $206 since it has declined from its peak at $401. And it may well provide decent returns for investors, but its Chinese competitor Baidu is a better buy. Many investors have […]

Who would have thought that after selling off to $10.99 that the sellers would still be in control of Xpeng? Yesterday, Xpeng dropped to new all-time lows. And yet the demand on the selling was also the highest we have […]

Lyft closed on Monday at $12.95. It marked the sixth day in the last few months when Lyft had fallen between $12 and $13. It seems Lyft won’t fall much further than $12 even if the bear market continues. The […]

Autonomous vehicle startup Argo AI has started offering rides in Austin, Texas for those ordering Lyft rides. Argo AI, the autonomous vehicles startup owned by Ford and Volkswagon, has started giving rides to those who order Lyft cars. Most people […]

Cathie Wood’s Ark Invest flagship fund, ARKK, has formed a multiple bottom pattern suggesting it may have found a bottom, though the stock market is so volatile at the moment that it’s certainly not a given it won’t fall further […]

Bitcoin mining and energy company CleanSpark gave up all of August’s gains in September. CleanSpark was as low as $4.00 at the beginning of August and rose up to $6.84 before it started its decline again to where it closed […]

We said last week that Google was sitting on a key support level and that if it were to break that level, it could fall a lot further. Well, we saw this week it broke the key level and fell […]

Carl Icahn has said the worst is yet to come for the stock market, which includes tech stocks. Icahn has stated last year that he doesn’t know when the bear market will arrive, but that it’s definitely coming. And that […]

At the beginning of September, XRP was 0.3255 cents and it had been stagnant for a few months. As is often the case, if you took your money out recently, you took your money out too soon. It was oversold […]

Like most small and large cap equities this year, Google is in the middle of a bear market downtrend. I had expressed optimism about a rally shortly even though the overall sentiment is still bearish. While I still feel that […]

Most stock market technicians are expecting a large capitulation in the index funds before the bear market is over and they begin an uptrend for the next bull market. They say this because in the stock market history very much […]

Google’s only search engine competition comes from Baidu. Market Watch reported today that even with the worldwide recession, China is expected to produce more millionaires over the next four years than any other country. Google has a market cap of […]

If you believe in the robotaxi revolution, then you believe Lyft will become a trillion-dollar company one day, and that’s why you may want to buy it today. Lyft is one of my favorite tech stocks right now. It recently […]

Arrival dropped below 0.8901 today — a new low of the year for the struggling electric vehicle maker. With a Relative Strength Index (RSI) of 32.28 and a market cap of $629.56 million, I hadn’t expected Arrival to dip much […]

Coinbase could be a wise stock to get into if you need to avoid the high spread fees many stock brokers have for cryptocurrencies. However, I’ve been cautious about investing in Coinbase this year because some analysts have suggested their […]

Chinese stocks have been selling off hard over the last couple of weeks because the Chinese government decided to shut down more cities in the wake of a new Covid outbreak. Xi Jinping has stated that he isn’t willing to […]

Since the start of the year, Cathie Wood has been saying that her stocks are undervalued and the larger capped stocks in Index funds are overvalued, but her stocks have always fallen and risen at the same time as the […]

Robinhood has been slandered by a lot of investors including Charlie Munger and Warren Buffett for the way it does business. But for many retail investors, it made the market accessible to everyday people who don’t have tens of thousands […]

Before we had confirmation that a bear market had begun at the start of the year, I had considered buying the dip in Salesforce as I searched for the next trillion-dollar company. Thankfully, I wasn’t heavily invested by February and […]

Zoom stock has fallen dramatically in the bear market but not much can go wrong if you buy it here. Moreover, it has a lot of long term upside potential. Recently Ark Invest said they think Zoom could rise to […]

Google stock reached a new yearly low this week but bounced back slightly to close at $103.63 on Friday. I still expect the wider market downtrend to continue until further notice but short term it seems like the low is […]

CleanSpark, the Bitcoin mining and energy company, sold off recently because Bitcoin broke a key technical level. However, it is an attractive buy at $3.47 for investors with at least a one-year time horizon because the technicals still suggest Bitcoin […]