Author: Rich Meyers

The NASDAQ is walking the line of support between continuing its recent run higher or possibly heading for some profit taking. The good news is that the initial reward-to-risk ratio strongly favors bulls right now. To the downside, the index...

Immunic, Inc. (IMUX) traded 30.7 million shares on Wednesday, an overwhelming number compared to its daily average of close to 1 million. The spike in volume was accompanied by a little move in the stock price, up 9 cents (+6.16...

Thanks to his success at Burlington Stores, Inc. (BURL), Thomas Kingsbury was recognized as one of the Top CEOs in Retail by Institutional Investor magazine and was inducted into the National Retail Federation’s Retail Industry Hall of Fame. Kingsbury se...

The NASDAQ completed a V pattern last Friday as the index hit 12,250. Looking at the past year, it’s fairly straightforward from here from a technical analysis perspective. As you can see on the chart below, 12,500 acted as a point...

Some people call it a flag, others a pennant or a triangle. No matter what it’s called, Gold’s chart displays the technical pattern. To us, it’s a triangle and they tend to appear right before the underlying investment is on...

In his business, you’d expect Calavo Growers, Inc. (CVGW) Chief Executive Officer (CEO) and President Lecil Cole to know the right time to pick things, especially avocados. After all, Calavo Growers is a global avocado industry leader that primarily operates...

The NASDAQ definitely broke its downtrend last week. As you’ll see on the chart below, the index cut past the descending trendline connecting recent tops. Ordinarily, the move out of a trend is the first sign of a potential reversal...

In his remarks, Federal Reserve Chairman Jerome Powell called the US banking system “sound and resilient” while essentially saying Silicon Valley Bank’s collapse was company specific more than overarching conditions that challenge financial instructions ...