Author: Rich Meyers

Stocks rebounded hard last week after Wall Street pledged billions of dollars to help ease the strain on regional banks. The corresponding reversal pulled the NASDAQ’s 50-day moving average above the 200-day average, something we’ve been talking about for ...

Stocks will bounce back at some point. So, we decided to look for oversold companies, coiled springs that could unload if/when the market rebounds. Clear Channel Outdoor Holdings, Inc. (CCO) is one that fits the bill with its relative strength...

According to IBISWorld, there are 5,795,082 hospital employees in the United States. (1) Overall, Medium.com reports “there are 19 million healthcare workers in the US. That’s more than 10% of all US workers and a growing percentage of total employed...

Anticipation is making me wait was the tagline for Heinz Ketchup commercials; it still might be but don’t watch much TV these days. Remember, the ketchup bottle would be upside down just waiting for the thick red condiment to make...

Many market watchers pay special attention to FedEx Corporation’s (FDX) results because the shipping company is seen as a barometer for the economy. (1) When things are good, more stuff is being shipped, and when things aren’t so good, less...

In most things, having two is better than one. For this week’s highlighted insider buy has two executives investing in stock after a history of predominantly selling. Normally, more is better too. The more money an insider spends the better...

Pivot, pop and drop, that describes the last three days of trading for the NASDAQ. The new week started out on the plus side and then lost strength right as the index made contact with the upper end of its...

Oracle Corporation (ORCL) has traded in a narrow range for nearly all of 2023. More than 90 percent of the time, shares bounced between $90 on the topside to $85 on the bottom. A 6.25 percent range is tight, maybe...