by MarketArmor | Jun 9, 2023 | Trade Ideas
Track all markets on TradingView Qualcomm (QCOM) is coming back strong. All after being named as a potential AI boom winner. According to TD Cowen, “Qualcomm, a maker of mobile processors and 5G wireless chips, could be an underappreciated beneficiary from the rising...
by MarketArmor | Jun 8, 2023 | Trade Ideas
Track all markets on TradingView With sky-high demand for electric vehicles, and all-things green, lithium will remain a hot commodity. For one, supply can’t keep up with demand. And despite what Goldman Sachs or Bank of America have said about a surplus, they’re...
by MarketArmor | Jun 7, 2023 | Trade Ideas
Track all markets on TradingView Shares of LYFT (LYFT) have become wildly oversold on poor earnings and guidance. However, the stock is showing signs of life these days. In fact, even RSI, MACD, and Williams’ %R are starting to push higher. We should also note the...
by MarketArmor | Jun 6, 2023 | Trade Ideas
Track all markets on TradingView Keep an eye on lithium stocks, like Livent (LTHM), we said on May 3. At the time, LTHM traded at just $21.02. Now up to $24.74, it could accelerate even higher. All after raising its annual revenue forecast to a new range of $1.03...
by MarketArmor | Jun 5, 2023 | Trade Ideas
Track all markets on TradingView Keep an eye on oil stocks, like Exxon Mobil (XOM). Oil is on the move after Saudi Arabia’s decision to cut oil production by another million barrels per day starting in July. “The market did not widely expect the Saudi decision to...
by MarketArmor | Jun 2, 2023 | Trade Ideas
Track all markets on TradingView The weekend could get interesting for oil prices. On June 4, OPEC+ will meet to figure out their next production policy steps. This come just weeks after Saudi Arabia warned oil shorts to “watch out.” While we’re not exactly sure...
