This tech stock is primed for a big move higher. How to trade it using options
The prolonged market dry spell we have endured since February is finally starting to show cracks, revealing some actionable setups as equities try to build a base. That said, with the Cboe Volatility Index still lingering in the 20s, this is not the time to go heavy. Trading volume and frequency must remain strictly controlled. […]
How to make a longshot bet on this beat-up tech stock about to report
Within each sector there will be winners and losers…even technology this year. I’ll review a speculative options trade on one of those losers. Semiconductor companies such as Marvell, Broadcom, and Nvidia have been on a tear this year. However, some software and IT services companies could have done better. MongoDB Inc (MDB) is a perfect […]
How to play the next stage of AI in 2024, according to Canaccord Genuity
Canaccord Genuity is laying out some names poised to capitalize on the new stage of AI set to unfold in 2024. “Enthusiasm for AI’s potential to improve human life and create business value has captivated investors and played a meaningful role in recent market optimism,” wrote analyst Susan Anderson. “As we enter 2024, we anticipate […]