Timothy Smith

Key Takeaways Ether fell sharply early Friday to trade near a two-month low amid fears of new Bitcoins flooding the market from defunct Japanese exchange Mt. Gox and rising long position liquidations. Ether's price broke beneath the closely watched 200-day moving average on Thursday, with falls temporarily accelerating below support at $2,900 early Friday,

Shares Gained 27% Last Week to Move Into Positive Territory for 2024 By Timothy Smith

Shares of the Facebook Parent Gained 5.9% Friday to Close at an All-Time High By Timothy Smith

Key Takeaways Intel shares climbed to a two-month high on Monday as analysts said the company stands to benefit from growing interest in AI personal computers and other hardware trends related to the technology. The Intel share price has gapped above the top trendline of a narrow trading range on the highest share turnover since June 21, indicating bullish conviction behind the move.

Key Takeaways Chipotle Mexican Grill shares dropped more than 5% on Monday as excitement over the fast-casual chain's recent 50-for-1 stock split wanes. Chipotle shares have confirmed a bull trap, a chart pattern that "traps" investors who initiated long positions on the breakout signal and subsequently generates losses as the price reverses. The Chipotle share price may find support at key chart levels including $56, $50, $47, and $43.

Oracle shares shed 3% on Tuesday after talks between the computing giant and Elon Musk's xAI over a potential $10 billion server deal reportedly ended. Monitor these important chart levels amid a possible retracement.

Key Takeaways Corning shares have surged 16% in the past two trading sessions to a three-year high after the specialty glass maker boosted its outlook due to increasing demand for its optical connectivity products used in generative AI applications.

Costco Wholesale gained 2.5% in extended trading Wednesday after the retailer hiked its membership fees for the first time since 2017 and posted a jump in June sales. Monitor this key chart level.

Walmart shares climbed to a new record high on Wednesday after Jefferies analysts said that the big box retailer’s investment in AI has the potential to double its operating income by streamlining operations. Monitor these important chart levels.

Key Takeaways Eli Lilly shares dropped more than 4% on Thursday as investors assessed the possible impact of a promising new weight-loss injection developed by Viking Therapeutics on the drugmaker’s own anti-obesity drug, Mounjaro.