I always find it fascinating to study stocks that have "returned from the dead" and made comebacks no one saw coming. I'll be the first to admit this: while I get some trades right, this one I got completely wrong. I thought Meta was on its way out in so many different ways. In fact, during its most recent crash in late 2022/23, I thought the final nail in the...
This chart, tracking the performance of PayPal NASDAQ:PYPL , Coinbase NASDAQ:COIN , Block NYSE:SQ , and Robinhood NASDAQ:HOOD over the past year. I think the chart offers a captivating glimpse into the potential return of a sector that has gone through a fairly large downturn, and drawdown, but continues to show resiliency. I should add that this is also an...
Building on my series about stocks making some fairly epic comebacks off their lows, I now want to talk about SoFi, which I know many follow. SoFi, was at one point down 85% from its highs and was in the dumps. It was considered a failing bank. However, it would appear that as I've been writing, emerging from the great Covid post-crash are companies that have...
I must say, I am finding it increasingly fascinating to revisit companies that skyrocketed and subsequently crashed during the post-COVID boom of 2021 to 2023. The explosive growth of that period was driven by an unusual combination of factors, creating a perfect storm that sent valuations soaring and then crashing. I have now written about this a few times, but...
In my new 2025 project, I’m sharing charts with annotations on major risk assets right here. Since the correction started in December, I’ve been marking key levels on the S&P 500 and have updated the chart again with today’s price action. Comparing today’s levels to the chart from earlier this week, it’s clear that patience has been the right approach. The...
I noticed that Nordstrom is making headlines today as the Nordstrom family moves to take the company private, effectively "buying it back" from public shareholders. I find this fascinating and may add it to one of my themes for 2025: more small and mid cap companies will leave public markets and go private. What is Nordstrom's doing? The strategy involves...
The charts of companies like Applovin, Carvana, and Twilio are all companies that, at one point, were high flyers during the 2020/21 bull market. However, they are also poster child's for its subsequent collapse. But then again, pay close attention to the charts that I've shared here... something is brewing. Applovin: A Sudden Vertical Surge Starting with...
While many investors spend weeks or even months searching for the next big AI stock, a company from a different sector has quietly taken the spotlight since the start of the year. With Mediterranean rice bowls as their signature offering, CAVA has surged to a market value of $15 billion and has become one of the top-performing stocks of the year up 200% since its...
Walgreens Boots Alliance (WBA) has essentially crashed. I think many of us know this story, seeing it across cities and towns across the country. However, based on the recent price action, who knows how much longer this will last. It currently trades at 25+ year lows. Here are a few key reasons why Walgreens stock is in a free fall: 1. E-Commerce Growth:...
You often hear about equity markets at all-time highs, and some of the excitement in crypto, but today I just have to showcase the recent move in gold. Gold is at an all-time high today and remains the most valuable asset in the world by market cap. Here are some stats and facts: Gold's Market Cap: Valued at over $12 trillion, gold is the most valuable asset in...
When market volatility spikes, I see many traders start talking about volatility instruments like UVXY, VXX, and UVIX. Yes, in the moment, these symbols may spike a bit, but over the long-term, and as clearly shown on the chart above, they appear to do only one thing – go down. So, I am writing this post to try to help any traders/investors out there interested in...
Ladies and gentlemen, traders of all ages, today I am sharing an idea about 3D printing stocks trading at remarkably low levels considering the following points: 1. They've been through several "hype cycles" already. 2. They've been improving the tech for 10+ years now. 3. But most importantly, generative AI is about to unlock ridiculously powerful capabilities...
The other day I was scanning for stocks hitting 52-week highs (or in other words, their highest price in 12 months' time) and noticed that several private equity stocks appeared on this custom scan that I was performing. The stocks were KKR, Blackstone, and Apollo Global. I found a few things interesting about this that are worth discussing and looking into more...
I’m still in awe at the drop happening across fashion stocks like NASDAQ:LULU , NYSE:NKE , and even Under Armour. The other week, I wrote about Nike and now I realize I must comment on the drop of Lululemon, which is down 50% this year and now has its lowest PE ratio in over decade all while doing about $1 billion in Free Cash Flow last holiday season. So...
I recently asked myself a simple question: What are the top-performing stocks of 2024 so far? After running a customized scan, I have compiled the data to share with everyone here on TradingView both as a chart above and in this text list below. Each stock on this list met the following criteria: - They are officially listed on the NYSE or Nasdaq. - Have...
The chart on the top shows the price of gold adjusted for the Money Supply. The chart at the bottom shows the price of gold over time. Compare and contrast the two and you see a valuable fact. Actually, this is something we should all do more often with our favorite symbols – compare and contrast them to the growing money supply. Meaning, while gold is hitting...
I was pretty surprised to see that just a few weeks ago, on a random summer June day, over 51 billion dollars worth of Apple was traded. That's 51 BILLION DOLLARS of Apple traded in just 24 hours. After doing some research I also realized that this was a record for Apple. At no other point in history has this much Apple traded. This is hard to ignore for any...
Stef's Dollar Volume Counter is my second script that I've worked on and coded. It is free and open source for everyone! Get it here: I am proud of this script because it does something very, very important: it counts the amount of money traded, not just the number of shares or contracts. In this educational post, I want to share why I think it matters and...