Mark Putrino - Spark Newswire

1 minute read

Why The SQQQ ETF Will Take Off If The Market Goes Lower

Today, 8:48 AM

Some analysts and investors believe the market will start to trend lower. They argue there are headwinds such as inflation. Some also suggest that considering the markets have moved higher, it is overdue for some profit-taking.

QQQ

1 minute read

Is Lowe’s Stock About To Rally?

By Mark Putrino

Today, 8:48 AM

Shares of Lowe's Companies, Inc. (NYSE: LOW) made a big move lower after the company reported its quarterly earnings.

LOW

1 minute read

Is The Rally Finally Over?

By Mark Putrino

Today, 8:48 AM

When markets are rallying, the bulls are in control. When markets are heading lower, it’s the bears who are in charge. The break of a correctly drawn uptrend line shows the leadership may be about to change from the bulls to the bears.

SPY

1 minute read

Ford Stock Breaks Critical Level

By Mark Putrino

Today, 8:48 AM

It looks like the downtrend of Ford Motor Company (NYSE: F) may be about to resume.

1 minute read

Is Walmart Going To Move Even Higher?

By Mark Putrino

Today, 8:48 AM

After consolidating over the past week, there's a good chance that shares of Walmart Inc. (NYSE: WMT) are setting up to resume their uptrend. Resistance has become support and that’s typically bullish for a stock. It happens because of seller's remorse.

WMT

1 minute read

Is It Time To Buy The Oil Services ETF?

By Mark Putrino

Today, 8:48 AM

It could be time to buy the VanEck Vectors Oil Services ETF (NYSE: OIH). It’s oversold and it's also at support. Both of these dynamics may result in a rally.

OIH

1 minute read

Is Alibaba About To Take Off?

By Mark Putrino

Today, 8:48 AM

Shares of Alibaba Group Holding Limited (NYSE: BABA) are at support and oversold. This means there’s a good chance they rally.

BABA

1 minute read

Peloton Shares Reach Critical Level: What’s Next?

By Mark Putrino

Today, 8:48 AM

Shares of Peloton Interactive, Inc. (NASDAQ: PTON) have been trending lower, but that may be about to end. Shares have reached the $110 level and this important level was support in July. Sometimes support levels can stay intact for long periods and repeat themselves. That could happen here.

PTON

1 minute read

False Breakout For Fisker

By Mark Putrino

Today, 8:48 AM

Fisker Inc. (NYSE: FSR) holders had cause for celebration when the shares soared by more than 20% on Tuesday. It turns out it was a classic false breakout. The shares came crashing back down and erased all of their gains.

FSR