News / Uncategorized
[Platinum Watchlist] (7.17.23) 3 Stocks
[Platinum Watchlist] (7.17.23) 3 Stocks
August 22, 2023
Good morning.
U.S. stock futures are down this morning. This week we will be looking for earnings from Bank of America, Morgan Stanley, Goldman Sachs, UAL, NFLX and Tesla. China reported disappointing economic growth figures. There will be no speeches from Fed officials this week due to the “blackout period” ahead of next week’s FOMC rate decision.
The sole position in the watchlist from last week is NSC. Price action continues to travel along the upper Bollinger Band and above all the critical SMAs. All the oscillators are in the green with support at the 9 and resistance at 238.52. This position is currently providing the paper trade portfolio with a $2.76 / share unrealized gain as of the close on Friday.
TWST price action has maintained a level higher than the 200-day SMA for three days traveling along the upper Bollinger Band. Support will be at the 50 with resistance at 24.41 followed by 25.98. Cost basis improvement might be attained with a buy order closer to support.
PKG is trading above all the major SMAs and all the oscillators are in the green. Support will be found at the 9-day SMA with some sell orders at 136.43. Volume on this stock is a little light for my liking so just be aware.
Check out the updated Horizons and < 200 stock list on the Platinum Channels discord.
Have a great day!
Share this article:
More in Uncategorized:
Ultra Clean Holdings (UCTT) July 25, 2024, Earnings Call Summary
Future Price Projections Participants: Rhonda Bennetto – Senior Vice President, Investor Relations Jim Scholhamer – Chief Executive Officer Sheri Savage...
[Platinum Watchlist] (7.17.23) 3 Stocks
July 26, 2024
APPLE, MICROSOFT, NVIDIA PRICE TARGET 🎯
Short term, price targets for the top three S&P 500 holdings
Short term, price targets for the top three S&P 500 holdings The following are my price targets for the very...
![Trent Grinkmeyer in front of stock market with bull background](https://bestofusinvestors.com/uploads/2023/06/trent-e1687263019450-300x300.webp)
Trent Grinkmeyer
July 25, 2024
Nvidia's Stake in Serve Robotics: A Game-Changer for AI-Powered Delivery?
The tech world was buzzing last week when news broke that AI chip giant Nvidia owns a 10% stake in Serve Robotics, a company specializing in autonomous sidewalk delivery robots. This revelation sent Serve's stock soaring an impressive 233% over two days. But what does this mean for the future of AI-powered delivery, and should investors jump on board?
The tech world was buzzing last week when news broke that AI chip giant Nvidia owns a 10% stake in...
![Trent Grinkmeyer in front of stock market with bull background](https://bestofusinvestors.com/uploads/2023/06/trent-e1687263019450-300x300.webp)
Trent Grinkmeyer
July 24, 2024
The Commercial Real Estate Crash
Its Ripple Effect on the Banking System and The Stock Market
The commercial real estate market is on the verge of a significant downturn, potentially mirroring the infamous 2008 financial crisis....
[Platinum Watchlist] (7.17.23) 3 Stocks
July 23, 2024
The Democratization of Compute
A Paradigm Shift in Business and Investment Artificial Intelligence (AI) is undeniably transformative, poised to revolutionize the world as we...
![Kerry Grinkmeyer in a suit standing in front of a stock chart with a bull on it](https://bestofusinvestors.com/uploads/2023/07/kerry-300x300.webp)
Kerry Grinkmeyer
July 23, 2024
Are Google and Meta Heading for a Stock Price Slump?
As an investor, it's crucial to keep a keen eye on market trends and potential shifts that could impact major players. Today, I want to discuss two tech giants that have long been darlings of Wall Street: Google and Meta. While they've enjoyed impressive growth and dominance in their respective fields, there are signs that their stock prices might face some headwinds in the near future.
As an investor, it's crucial to keep a keen eye on market trends and potential shifts that could impact major...
![Trent Grinkmeyer in front of stock market with bull background](https://bestofusinvestors.com/uploads/2023/06/trent-e1687263019450-300x300.webp)
Trent Grinkmeyer
July 23, 2024