CleanSpark Benefits from Bitcoin Mining Update. But is it Enough to Earn a Buy?
When looking at a chart for bitcoin over the past year, you’ll see a steady fall that’s gotten us to where we are now. While the cryptocurrency reached almost $70k back in November of 2021, bitcoin is down almost 60% over the past year. Today, it sits at just $20k. And when you take a similar glance at companies [...]
Why Okta Exceeded Expectations in the 2nd Quarter, but dropped 30% today. Is it time to Buy, Sell or Hold?
We witness many companies fall short of expectations in the 2nd quarter as more and more reports are starting to funnel in. However, one company that exceeded expectations with ease was Okta. So - why is the company’s stock down over 30% so far today? And does the VectorVest System rate it? We’ll explore this in-depth down below. Okta, a [...]
Here’s What Apple’s Reality Ecosystem Could Mean for Investors Ahead of September Keynote…
Every year, Apple holds a September keynote event where they release the details of the latest and greatest in their tech. For the past few years, these events have been held virtually as a result of COVID-19. But, on September 7, 2022, Apple’s keynote conference will be held in person at their Cupertino headquarters. This alone is exciting - [...]
First Solar Inc. Gains Momentum Amidst Expansion News, But Should You Buy, Sell or Hold?
For years, efforts here on the homefront have been to increase US manufacturing - preventing money from going overseas. The latest in cutting back on imports comes from President Biden’s push to accelerate domestic manufacturing through legislation. The inflation reduction act (IRA) became law on August 16, 2022 and sets aside about $30 billion in tax credits for businesses for [...]
Despite Help from Amazon, Rivian Stock Struggles – 3 Reasons it’s NOT rated a Buy
Usually, news of a partnership with Amazon would bode well for a company’s stock. However, that hasn’t been the case for Rivian - one of the most anticipated EVs since Tesla. This automaker just went public in the last year - and while the stock hit the market at a high of $172 in November of 2021, it’s fallen [...]
EA Stock Surges Amid Amazon Acquisition Rumors – 1 Reason Our System Rates it a Hold Still
It seems Amazon is on a mission to gain a grasp on any industry possible. So, when rumors circulated that Amazon was looking to acquire EA sports, it made sense. With EA Sports being regarded as one of the largest video game companies in the world as it stands right now, this purchase would have taken them to the [...]
