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Gold is Ready for New Rally
Read MoreGold closed above $1,300 per ounce for the first time in 5 years as the U.S. dollar saw it’s worst decline over the past 14 years. Despite a strong start in 2017, XAUUSD spent most of the year in a sideways range around $1250 area before the final bounce came by year end to allow the precious metal to […]
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AMD Looking for Lower Levels
Read MoreAdvanced Micro Devices, Inc. (AMD: NASDAQ) is a Global semiconductor company based in California and it was founded 48 years ago. The company’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications. The semiconductors industry saw it’s biggest growth since 2014 as global revenue surpassed […]
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Nvidia NVDA Correction is Around the Corner
Read MoreThe American semiconductors company Nvidia (NASDAQ: NVDA) is specialized is designing graphics processing units (GPUs) for the gaming, cryptocurrency, and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia is considered as one of the strongest technology companies this year and its stock NVDA enjoyed a great rally this […]
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Retail Industry Index Providing The Next Long
Read MoreThe S&P Retail Industry Index comprises stocks in the S&P Total Market Index that are classified in the GICS retail sub-industry. For this article we’ll be using The SPDR S&P Retail ETF (XRT) which tracks an equal-weighted index of stocks in the US retail industry and correspond generally to the total return performance of the S&P Retail Select Industry Index. The performance […]
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Chevron (CVX) Looking for New All Time Highs
Read MoreChevron Corporation (NYSE: CVX) is an American multinational energy corporation. It engages in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services related to Oil and Natural Gas. Oil-company stocks tend to rise when oil prices goes higher, Chevron is no exception that’s why as Oil market is turning bullish after the recent break in price above […]
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First Solar FSLR Recovery in Progress
Read MoreFirst Solar (NASDAQ: FSLR) designs and manufactures solar modules using a proprietary thin film semiconductor technology. The company has developed, financed, engineered, constructed and currently operates many of the world’s largest grid-connected PV power plants. First Solar relies almost entirely on utility-scale projects which accounts for over half of the U.S. solar market and can be affected by the […]