October 23, 2013

THE PERILS OF MOMENTUM DARLINGS $CREE $NFLX $TSLA $SCTY $GRPN $Z $PBPB $NDLS $VEEV

In my 30 years in the markets, I have seen many investors who make tons of money trading pure momentum only to lose more than they made in the first place. The irony is that many such investors repeat this cycle again and again.

The reason many investors go through this cycle is that they believe the next time will be different; they won’t lose their gains. Unfortunately, for all but the most skilled traders, pure momentum trading is a slippery slope.

Let me illustrate the point with the action Tuesday in two momentum darlings, Cree CREE  and Netflix NFLX.

Take a look at a Cree daily chart.… Please click here or the title below to read more.

Read More

CHECKING THE TECHNICAL PULSE OF THREE TECH STOCKS THAT HAVE POPPED $SNDK $NFLX $GOOG $AAPL

Earnings season is in full swing.  In my backtesting, companies that report earnings above analysts’ consensus estimates tend to outperform the market. Here are three popular  technology stocks that have reported blowout earnings so far this quarter. Only the data that is most important and has been historically reliable in the past is listed below.

SanDisk 

SanDisk (SNDK) is the premier manufacturer of NAND or non-volatile memory that is so popular in today’s mobile devices such as Apple AAPL +0.98%(AAPL) iPhones and iPads. SanDisk reported EPS of $1.59 compared to consensus estimate of $1.32; revenue came at $1.63 billion compared to consensus estimate of $1.57 billion.… Please click here or the title below to read more.

Read More

AI is power hungry. Investors will make a fortune from nuclear power for AI.
Get the list of 12 nuclear power stocks to grab your share of the profits.

AI is power hungry. Investors will make a fortune from nuclear power for AI.

Get the list of 12 nuclear power stocks to grab your share of the profits.

Big Tech is investing billions

Making A Fortune
In Nuclear Energy

Golden Age of Nuclear Energy