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…

Mid-Cap With A Standout Technical Picture

There are dozens of different trading strategies that one can employ, but the key is knowing which are best suited for the current environment. In a cyclical bear market, like we’ve found ourselves in, some investors might assume that trend-following strategies are inferior, providing lagging signals in a volatile market environment. However, this assumption couldn’t…

Chart Spotlight: Tesla (TSLA)

Shares of Tesla (TSLA) just split 3:1 and now trades around $300 a share. From here, the EV stock could accelerate well above $900 again, near-term – all thanks to substantial catalysts. According to MarketClub, the short- and intermediate-trends are positive. The RSI, Fast Stochastics, and Williams’ %R are all pivoting well off recent lows.…

BURL: A Trade-Down Beneficiary

One of the most successful investment strategies is to buy great businesses at a deep discount to fair value, but it’s often much easier said than done. From an emotional standpoint, investors must often buy when the headlines are the worst and plug their noses to the stench of rotten earnings revisions. From an application…

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…

Retail Stock Undervalued By 35%

Bottom-fishing for exceptional businesses is a great strategy if done carefully, but there is a less popular strategy that also works great. Trend followers employ this strategy, and its goal is to buy stocks that are making new highs – especially during bear markets. The rationale behind this strategy is that if a stock can…

Chart Spotlight: Tellurian Inc. (TELL)

Natural gas prices are exploding. For one, Russia said it would cut natural gas shipments to Europe. In fact, as noted by Barron’s, “Russian company Gazprom said on Monday that it will cut natural gas shipments from the key Nord Stream pipeline to Germany starting this week. The pipeline’s exports will be cut to 20%…

A Dirt-Cheap Growth Story

Recession risks are rising, attributed to elevated inflation and less accommodative monetary policy. Amid this backdrop, it’s no surprise that “Dr. Copper” has caught a whiff of the recessionary stench, promptly dethroning the base metal from its previous position as one of the top performers among asset classes in 2022. In fact, copper was one…