Chart Spotlight: Dollar General (DG)

Investors may want to keep an eye on discount retailers, like Dollar General (DG). For one, the latest pullback may be a great buy opportunity. If you take a look at this chart, you’ll notice that Williams’ %R, Fast Stochastics, and RSI are all starting to pivot well off oversold conditions. With patience, I’d like…

Chart Spotlight: Canadian Solar (CSIQ)

Over the last few weeks, I highlighted a few opportunities with Chart Spotlight. On July 13, for example, I highlighted Generac Holdings (GNRC), as it traded around $212. It’s now up to $265.50. On July 26, I highlighted Albemarle (ALB), as it traded at $224. It’s now up to $280.15. On August 3, I highlighted…

Dole: A Valuation That Is Bananas

Occasionally, the market throws a proverbial fastball right over the plate – a stock so mispriced that it is practically being given away to investors. In this case, Dole (DOLE) is one example, down 50% from its IPO debut in September 2021 and 45% from its year-to-date highs. While there’s no question that inflation in…

Getting to Know SPACs

These days, one of the hottest new investment vehicles on the market is known as a Special Purpose Acquisition Company (SPAC). A SPAC is a non-operating, publicly-listed company designed to purchase privately-held companies to give the target company publicly listed stock. The popularity of SPACs is growing fast. In 2020, approximately 200 new SPACs formed…

Have You Heard This Lie Before?

For years, you’ve been lied to. “Expert” traders have told you that trading options is complicated, demands hours of training, and requires a complicated strategy. Here’s the truth. When you understand the basics of options and know what stocks to look for, you can utilize the leverage power of options too. Begin my free Options…