Category: Rich’s Articles

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...

Growing up, we used to watch a black and white tv show titled “Lost in Space.” There was a robot in the show named Robot who used to say, “Danger, Will Robinson” when the robot sensed trouble. Well, if Robot...

You cannot turn on the TV or watch videos online without seeing an electric vehicle (EV) commercial. Rivian Automotive, Inc. (RIVN) designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks an...

Sometimes the news and the prevailing narrative don’t match. Stocks were rolling higher on the belief the Federal Reserve was positioned to halt interest rates hikes due to tamer inflation. There was even some belief the economy could slow enough...

In our most recent weekly market watch newsletter, we pointed out that First Trust NASDAQ Cybersecurity ETF (CIBR) was one of a few tech exchange-traded funds (ETF) to make gains as the NASDAQ endured some profit taking. CIBR was the...

We are getting the action we want from the NASDAQ, stepping up stairs with a series of higher lows followed by higher highs; wash – rinse -repeat. Jagged moves up, as you’ll see on the chart below, confirms the recent...

The market has made a significant rally after flirting with the possibility of re-entering the COVID-19 valley of 2020.  Bulls have driven prices up. So, we looked for companies that traveled deep inside overbought territory as defined by a Relative...