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Here's Why Riot Blockchain Is Under Selling Pressure
Wednesday, December 13, 2017 - 12:06pm | 694Shares of Riot Blockchain Inc (NASDAQ: RIOT) soared to a new 52-week high of $33.27 Tuesday, but reversed course Wednesday and were down more than 15 percent. The stock has been named as one of the few ways equity investors can gain exposure to bitcoin-mania as the company targets investments in...
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For Apple's Stock, This Technical Analyst Sees A Path Toward $180 Per Share
Tuesday, September 12, 2017 - 8:55am | 465Ahead of Apple Inc. (NASDAQ: AAPL)'s new product launch event Tuesday, the case for owning the stock can be made from a technical analysis point of view. Apple's stock has established a near-term support level of $155 per share, Oppenheimer's head of technical analysis said during a...
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Is After This 12% Dip The Time To Buy Nike?
Thursday, September 7, 2017 - 2:08pm | 390Nike Inc (NYSE: NKE)'s stock has lost 12 percent over the past month alone and is lower by nearly 9 percent over the past year. Is the Dow component down-and-out, or is now the time to be buying the global athletic giant? Taking a look at the chart reveals now is not the time to be a buyer of Nike'...
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Emerging Market Stocks Are Outperforming Domestic Stocks: Is It Too Late To Buy?
Tuesday, July 11, 2017 - 3:09pm | 341U.S. stocks have been performing well under the "Trump rally" but not as well as many stock markets outside of the U.S. Consider the fact that the S&P 500 index and its corresponding exchange-traded fund SPDR S&P 500 ETF Trust (NYSE: SPY) is up 8.1 percent since the start of 2017. By most...
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Oppenheimer's Chart Expert Says The $290-$300 Range For Tesla's Stock Is Important
Monday, July 10, 2017 - 9:52am | 373Tesla Inc (NASDAQ: TSLA)'s stock was on fire for most of 2017, but after peaking at $386.99 in June, the stock has since lost more than $70 per share and is now stuck in a "technical bear market," according to Oppenheimer's Ari Wald. Wald, head of Oppenheimer's technical analysis, explained during...
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Is The Tech Rally Back? No — It Never Went Away
Tuesday, June 20, 2017 - 3:09pm | 430Heading into Monday's trading session, many investors were concerned that the rally in tech stocks had not only come to a sudden end, but a sell-off is underway. But after one of the best trading-day performances in month on Monday, some analysts are convinced the tech rally is back and here to...
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One Of Nvidia's Biggest Bears Has Changed His Mind
Tuesday, June 20, 2017 - 2:07pm | 366NVIDIA Corporation (NASDAQ: NVDA) earns the titled as one of 2016's hottest stocks and is up another 48 percent since the start of 2017. But quietly behind the scenes the options market is now heating up, according to Dennis Davitt of Harvest Volatility Management. Nvidia is a stock that is "made...
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Breaking Down The Sell-Side's 'Most-Loved' Sectors
Sunday, June 11, 2017 - 9:59am | 381It shouldn't come as a surprise to many that technology stocks happen to be the "most loved" sector (despite Friday's massive selloff) with more Buy ratings than any other area of the market. The technology sector also happens to be the best performing sector within the S&P...
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The Fundamental And Technical Case For Further Upside In Alphabet
Friday, June 9, 2017 - 12:52pm | 363It was merely a matter of when and not if Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s stock would rise above the $1,000 per share milestone. Now that it's occurred, investors can expect further upside, according to Oppenheimer's technical expert Ari Wald. Looking at Alphabet's...
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2017's Worst Performing ETFs Have One Thing In Common
Thursday, May 18, 2017 - 12:20pm | 431Six of the worst performing (non-leveraged) large exchange-traded funds as measured by their performance year-to-date have one thing in common: They are all tied to the price of oil. According to a CNBC "Trading Nation" segment, four of the worst performing ETFs are down by a double digit...
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Apple Will Trade At $200 Per Share: Munster, Milunovich And Others Weigh In
Wednesday, March 29, 2017 - 10:35am | 402UBS analyst Steven Milunovich said in a report Tuesday that Apple Inc. (NASDAQ: AAPL)'s stock has a path towards $200 per share over the coming years. His analysis was quickly supported by one of Apple's most notable experts, former Wall Street analyst turned venture capitalist Gene Munster...
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Analyst: The Top Tech Stock Isn't Apple, Alphabet Or Amazon - It's Skyworks Solutions
Thursday, March 16, 2017 - 12:10pm | 431The top tech stock to buy isn't Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN) or Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL); rather it's Skyworks Solutions Inc (NASDAQ: SWKS). According to Ari Wald, Oppenheimer's head of technical analysis, the semiconductor maker is...
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Oil's Decline Is A Bullish Sign For Stocks
Friday, March 10, 2017 - 2:27pm | 372From a historical perspective, the direction of the price of oil sometimes correlates with the broader market; other times it does not. This time around, oil's plunge to below $50 per barrel will be positive for stocks, at least according to Oppenheimer's technical analyst Ari Wald. Speaking to...
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Apple's Chart Remains Bullish, Pro Explains
Tuesday, February 14, 2017 - 2:40pm | 348The narrative surrounding Apple Inc. (NASDAQ: AAPL) has certainly changed. Starting in the bottom half of 2015 the debate among investors and analysts was if Apple's stock could trade at new all-time highs. But now the question has shifted to when will Apple's stock trade at new all-time highs....
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2 Investment Pros Share Their Top ETF Picks For Q4
Monday, October 3, 2016 - 10:41am | 285Monday marks the first trading day of the final quarter of 2016 and investors looking to re-balance or make changes to their portfolio could consider several ETFs that are recommended by Oppenheimer's Ari Wald and S&P Global's Erin Gibbs. Speaking as a guest on CNBC's "...