Mark Putrino - Spark Newswire

1 minute read

Are Sundial Growers Shareholders About To Get Burned?

Today, 5:23 AM

There’s a good chance shares of Sundial Growers Inc. (NASDAQ: SNDL) are about to make a big move lower. A descending triangle pattern has formed on the chart. They usually have bearish implications.

SNDL

1 minute read

This ETF Could Benefit From The Infrastructure Bill

By Mark Putrino

Today, 5:23 AM

The Senate has finally passed the highly debated infrastructure bill, which now heads to the House of Representatives.

ICLN

1 minute read

Palantir Surprises Analysts: Technical Levels To Watch

By Mark Putrino

Today, 5:23 AM

Palantir Technologies Inc. (NYSE: PLTR) bulls are celebrating Thursday. The company updated its guidance and it surprised even some of the most optimistic analysts. Palantir now expects 2021 adjusted free cash flow to be over $300 million. This is twice the previous estimate of $150 million.

PLTR

1 minute read

Is The Microsoft Party Over For Now?

By Mark Putrino

Today, 5:23 AM

Shares of Microsoft Corporation (NASDAQ: MSFT) have broken their recent uptrend. They have also crashed into a wall of resistance at the $290 level. This may mean the recent rally is over, at least for the time being. It could even mean a new downtrend is about to form.

MSFT

1 minute read

Are The Bears About To Take Down Square?

By Mark Putrino

Today, 5:23 AM

In February, shares of Square, Inc. (NYSE: SQ) reached the $275 level. They ran into a wall of resistance and a downtrend followed. Square reached $275 once again in April and the same thing happened. It crashed into resistance and another downtrend followed.

1 minute read

AMC Entertainment Stock Forms Trading Range

By Mark Putrino

Today, 5:23 AM

AMC Entertainment Holdings, Inc. (NYSE: AMC) reported numbers that were better than estimates. The company reported an adjusted loss of 71 cents a share, while the Street was looking for a loss of 96 cents. Despite this, the stock is trading in the middle of the range that it has recently formed.

AMC

1 minute read

Ford Stock Trading Just Above Critical Do-Or-Die Level

By Mark Putrino

Today, 5:23 AM

If shares of Ford Motor Company (NYSE: F) break the $13.40 level, watch out. It could be the start of a rapid and large move lower.

1 minute read

After Beat Down, Amazon Stock Gets No Love

By Mark Putrino

Today, 5:23 AM

Usually, when stocks make large and rapid moves lower, the sellers panic and don’t care about the price they can sell their stocks at. They just want out. As a result, when the selling is finished, there is typically some kind of rebound or bounce. After taking some time to think about it, some of these sellers believe they made a mistake and buy their shares back.

AMZN

1 minute read

Has The Tide Turned For FuelCell Stock?

By Mark Putrino

Today, 5:23 AM

The tide may have finally turned for FuelCell Energy, Inc. (NASDAQ: FCEL). After trending lower since early June when shares reached $12, the stock has broken its downtrend line and could be ready to rally.

FCEL

1 minute read

The Death Spiral Of The SPDR Gold ETF And iShares Silver ETF Continues

By Mark Putrino

Today, 5:23 AM

Investors in gold and silver have had a rough couple of days. The price of an ounce of gold has dropped from $1,800 to current levels around $1,700. And the price of an ounce of silver has dropped from $25.50 to $23.50.

GLD