If and when the beaten-down growth sector turns around, Sean Udall, CIO Of Quantum Trading Strategies has an issue to put on your watchlist: the cloud software company Nutanix Inc (NASDAQ: NTNX).
For investors who are not familiar with technical analysis, price action may seem random and difficult to interpret. Yet therer may be a simple reason behind a technical formation — and ways to take advantage of it.
There are difficult sectors for an analyst to cover and then there are really difficult sectors to cover, and the internet sector falls into the second category. Ygal Arounian, who covers several issues in that sector for Wedbush Securities, joined the "PreMarket Prep Plus" broadcast Wednesday to discuss a few issues in his area of coverage.
Technical analysis can help identify potential entry and exit points for a company. Yet it is the fundamentals behind the company that will dominate the price action in the long run.
Some companies do not follow the standard fiscal earnings calendar, which would have them reporting fourth quarter results for fiscal year 2021 over the next few weeks.
The wicked exodus out of growth stocks continues in Tuesday’s session. One issue leading the charge on the downside i Sea Ltd. (NYSE: SE), which is the PreMarket Prep Stock Of the Day.
Brent Slava, head of the Benzinga Pro Newsdesk, was raring to go Monday to start the New Year with his list of potential catalysts to drive price action in 2022.
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
For most issues in the biotech sector, it was a rough 2021, especially when compared to the gains in the S&P 500 index, Wedbush's Laura Chico said Wednesday on "PreMarket Prep Plus."
Chico, the senior vice president of biotech equity research at the analyst firm, said she attributes the underperformance to a few factors.
With the markets on shaky ground Friday, Sean Udall, the tech stock strategist and the publisher of The Udall Report, was a guest on the PreMarket Prep Plus show.
By having some cash on the sidelines, he discussed putting some to work in a few different issues.