Tag: Goldman Sachs

  • Viking Therapeutics Dips are Opportunities

    Viking Therapeutics Dips are Opportunities

    The pullback in Viking Therapeutics (VKTX) may be an opportunity. For one, One, the company is seeing good success with its GLP-1 obesity drug trials. It already reported that its Phase 2 VENTURE trial successfully achieved is primary endpoint and all secondary endpoints. It also said patients receiving VK-2735 demonstrated weight loss after 13 weeks, rating up…

  • Crisis May be An Opportunity in Shares of Nike

    Crisis May be An Opportunity in Shares of Nike

    Keep an eye on Nike (NKE). Over the last few days, NKE gapped from $122.50 to $108.02 and appears to have caught strong support dating back to late November. Also, if you pull up a one-year chart, you can see NKE is now over-extended at its lower Bollinger Band (2,20), on RSI, Full Stochastics, and…

  • Iovance Biotherapeutics (IOVA) Sees Volume Spike on Goldman Note

    Iovance Biotherapeutics (IOVA) Sees Volume Spike on Goldman Note

    Investors may want to keep an eye on Iovance Biotherapeutics (IOVA). According to Goldman Sachs, the biopharma stock could double from its current price of $5.49 a share. In fact, the firm says it could rally to $12, pointing to the potential approval of the company’s treatment by February 2024. “With accelerated approval, lifileucel would…

  • Tesla Stock Could Sink to Less than $200

    Tesla Stock Could Sink to Less than $200

    It’s time to short Tesla (TSLA). Sure, the electric vehicle boom is still red-hot.  Demand for EVs is accelerating. However, after running from $150 to $275 it was overdue for a healthy pullback. Even RSI, MACD, and Williams’ %R were overextended. That being said, we wouldn’t be shocked to see TSLA drop below $200 a…

  • How to Trade the Potential for $100 Oil

    How to Trade the Potential for $100 Oil

    Oil prices are back above $80 a share. All after Russia said it would cut oil output by 500,000 barrels a day next month. “Moscow has telegraphed a specific oil-markets response to the Western measures, raising the specter that it was now brandishing oil as a weapon in the economic war playing out between Russia…

  • Use Weakness in Lithium Stocks as an Opportunity

    Use Weakness in Lithium Stocks as an Opportunity

    Investors may want to use weakness in lithium stocks as an opportunity. All as the world works to put millions of electric vehicles on the roads. For that to happen, we need far more lithium than we have now.  In fact, at the moment, there’s more demand than supply, which isn’t going to change that…

  • One of the Top Ways to Profit from the Green Hydrogen Boom

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    Keep an eye on hydrogen stocks, like Plug Power. According to KeyBanc analyst Leo Mariani, Axios reported that a bipartisan group of senators met on April 25 to discuss a potential climate and energy bill could get 60 votes in the Senate and revive some elements of President Biden’s Build Back Better bill. In fact,…

  • Here’s Why Plug Power Just Popped 10%

    We’ve been pounding the table over hydrogen stocks. For one, with countries all over the world pledging to reduce emissions, “Hydrogen would be necessary for the world’s largest emitters – the US, China, and Europe – to achieve net-zero climate targets by 2050 – 2060 by decarbonizing hard to abate industries,” says Energy Global. Two,…

  • How to Trade Chip Shortages Heading into 2022

    How to Trade Chip Shortages Heading into 2022

    Chip shortages are only getting worse. Intel CEO Pat Gelsinger says the shortage won’t end until 2023.  Stellantis CEO Carlos Tavares says the shortage will easily drag into 2022. STMicro CEO Jean-Marc Chery doesn’t see an end to the shortage before the first half of 2023. iPhone supplier Foxconn says shortages could last until the second…

  • We May Be Closer to $1.1 Trillion Space Tourism Market

    We May Be Closer to $1.1 Trillion Space Tourism Market

    Space tourism may soon take another “giant leap for mankind.” That is, if human test flights go as planned. On July 20, Jeff Bezos will fly to space on the first-crewed flight of New Shepard. “If all goes according to plan, Bezos — the world’s richest person with a net worth of $187 billion —…