Stocks are coming off a volatile February. After reaching an all-time high of 29,568.57 on February 12, 2020, the Dow Jones Industrial Index (DJI) shed almost 5,000 points in a historic, multi-day drop. The global impact of the coronavirus sent panic down Wall Street. Stocks in the travel, hotel, and the food sector suffered –…
Coronavirus-Resistant Stocks
Global stock prices have been on a nasty slide as Wall Street weighs the probability of a worldwide coronavirus pandemic. As of this morning, Southwest Airlines Co. (LUV) dropped more than 19% in the last 5 trading days. Fellow travel company Carnival Corporation (CCL) had experienced more than a 28% drop in that same time…
Forget Market Fear – Look At This Stock
The markets dropped sharply during Monday’s trading session as coronavirus fears drove selling pressure. Unsurprisingly, the biggest losers were those associated with travel like cruise ships and hotel chains. Defensive staples managed to eke out minimal gains. It’s not all bad news – the fear-based marketplace might actually be a boon for particular segments of…
Buy Alert! New Signal For Dollar General Corporation (DG)
Dollar General Corporation (DG), one of the largest discount retailers in the US, has just triggered a new MarketClub buy signal and traders should take notice. Dollar General has big plans to expand its workforce in FY 2020. The company expects to add more than 8,000 employees through store and distribution center growth. In the…
What is Extended-Hours Trading?
After-hours trading, also known as extended-hours trading, allows investors to buy and sell stocks outside of the regular trading hours for the stock market. Some other nomenclature associated with this activity are the terms “pre-market” and “after-hours” trading, which refer to the morning before markets open or the evening following the closing bell. What You…
New Buy Signals for RUBI, RAD and TGT
Despite some worrisome headlines, the markets are inching higher, taking some of the biggest names on Wall Street to new highs time and time again. Our technology just reconfirmed bullish trends for a number of stocks, reminding MarketClub members that the upward trends are still intact for these investor favorites. Rubicon Project, Inc. (RUBI) This…
Do You Have an Exit Plan?
Let’s be honest, taking profits can be one of the hardest things to do in trading. There you are – your trades are making money and the thought of selling paralyzes you. Do you let them run or do you capture profit? If you sell, will you miss out on a move higher? Look at…
This Month’s Strongest Stocks – February 2020
The stock market began 2020 on a strong note, with the Dow Jones Industrial Average (DJI) hitting an all-time high of 29,373 on January 17. However, since hitting this mark, we’ve seen a move back down to the 28,000 level amidst coronavirus fears infecting Wall Street. Many individual traders are also carefully monitoring the coronavirus…
3 Cannabis Stocks Gaining Momentum
Expectations are mixed for the cannabis industry in 2020. While some experts believe that legal action on Capitol Hill will push pot stocks higher, others believe that we’ll see a wave of bankruptcies for the sector’s smaller, cash-poor companies. Many cannabis stocks like Canopy Growth Corp (CGC), once believed to be best-of-breed, are still sitting…
Is Cinemark Holdings (CNK) a Cheap Buy?
Stocks that fall from their highs aren’t usually the first place investors think to look for profitable opportunities. After all, stocks that have some bullish momentum are traditionally the best buys – right? However, stocks that have fallen victim to a sell-off can be opportunities in disguise. Investors don’t always stop buying or selling at…
