Tag: JPMorgan
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Top Reasons Gold Could See Higher Highs
Keep an eye on gold. Last trading at $2,332.19, it could test $2,700 this year, says Goldman Sachs. All thanks to safe haven demand, considerable interest from global central banks, and conflict in the Middle East. For one, central bank buying isn’t showing any signs of cooling off, with China buying even more for the seventeenth…
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Weakness in Apple is Still an Opportunity
Apple (AAPL) is just starting to come back. After falling from about $199.62 to a recent low of $180.17, the oversold tech giant is now back at $186.56. From here, we’d like to see it refill its bearish gap around $192.50 initially. It’s also just starting to pivot higher from over-extensions on RSI, MACD, and…
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Crisis Could Lead to Opportunity for XLF ETF
The Financial Select Sector SPDR Fund (XLF) isn’t having the best of days. All thanks to the collapse of the Silicon Valley Bank. But you may want to put it on your buy screen anyway, as a potential contrarian bet. Once the crisis is priced in, the XLF ETF should come back just as strong…
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One Analyst Says WWE Could see $110 a Share
Slammed in December, shares of World Wrestling Entertainment (WWE) are on fire. At the moment, it’s up about 20% to $86.45 on a volume spike to 2.52 million shares, as compared to daily average volume of 637,048. All on the news former CEO Vince McMahon is returning to the board. In fact, as noted by…