Investing

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Investing

AMD stock forms a rare bullish pattern as valuation concerns persist

AMD stock has held steady in the past few days and is slowly nearing the year-to-date high of $584. It was trading at $514.40 on Monday and has formed a bullish flag pattern, pointing to more upside despite the elevated concerns about its valuation.  It jumped on Monday after offering details of its $4.75 billion

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Pi Network forms a risky pattern despite some major upgrades

Pi Network price has remained in a narrow range in the past few months, and the recent actions by the developers have not boosted its performance. The token was trading at $0.086 on Tuesday, down by 70% from the year-to-date high, even after the developers launched major upgrades. Pi Network has made some major updates

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Investing

DRAM: Here’s why this Micron, SanDisk, Western Digital ETF is soaring

The Roundhill Memory ETF (DRAM) continued its strong uptrend today, August 17, helped by the ongoing rebound of top companies in the industry. DRAM jumped to $60, its highest level since July 15 this year.  Top memory stocks are rebounding The DRAM ETF has become the most successful ETF launches this year. Launched in April,

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Investing

As the Nike stock implodes, is it safe to buy the dip or sell the rip?

Nike stock continued its strong downward trend, reaching its lowest level since September 2024, as investors remained impatient about its turnaround strategy. NKE dropped to $38.94, down by over 78% from its highest point on record. This sell-off may continue in the foreseeable future as investors remain cautious. Nike stock price technicals point to more

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Investing

Rolls-Royce shares are on a path to 2,000p, but a key technical risk remains

Rolls-Royce share price has held steady near its all-time high, helped by the ongoing demand for its products in areas like civil aviation, defense, and power. This pause could be the calm before the storm ahead of a renewed rally as bulls target the key resistance level of 2,000p. Analysts expect Rolls-Royce revenue and profits

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Investing

Lululemon stock forecast: why it may crash below $100 soon

Lululemon stock continues to underperform the broader market as the company’s and industry’s challenges continue. LULU is down by 44% this year and by 71% in the last five years, a dramatic reversal for a company that was once one of the most popular among retail and institutional investors.  LULU’s retreat has coincided with that

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VGLT, TLT ETFs eye record lows despite inflows as US 30-year Treasury yield jumps

The Vanguard Long-Term Treasury ETF (VGLT) and the iShares 20+ Year Bond ETF (TLT) continued their strong downward trend. TLT dropped to $81.35 and is nearing its all-time low of $80.67. It has dropped by over 55% from its highest point this year. Similarly, the VGLT ETF fell to $52, a few points above its

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IWM and VOO have hit record highs: What next for S&P 500 and Russell 2000 ETFs?

The Vanguard S&P 500 ETF (VOO) and the iShares Russell 200 Index Fund (IWM) have jumped to their record highs this year. IWM has jumped by over 21% this year, while VOO is up by 12.50% in the same period. This article highlights some of the top reasons why these ETFs may continue rising this

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Rocket Lab stock is soaring, and a rare pattern points to gains; but there’s a catch

Rocket Lab stock has rebounded in the past few weeks, moving from a low of $58.25 to $82, helped by its strong earnings and increasing backlog. It also jumped after the company inked a major deal with Viasat and other organizations. It has formed a giant double-bottom pattern, pointing to more upside in the near

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Investing

Here’s why the Nikkei 225 Index is slumping as Japan 30-year bond yield jump

The Nikkei 225 Index retreated sharply on Wednesday, reaching its lowest level since August 10 as Japan bond yields soared. It also fell as analysts positioned themselves for the potential Bank of Japan (BoJ) hike and potential resumption of US-Iran kinetic action. It was trading at 65,684 points, down modestly from this week’s high of

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