Mark Putrino - Spark Newswire

1 minute read

Are Bank Stocks About To Head South?

Today, 9:50 PM

The bank stocks may be in trouble. The SPDR S&P Bank ETF (NYSE: KBE) tracks the banking sector and now it’s testing an important resistance level. If it can’t break through, there’s a chance it rolls over and forms a new downtrend.

KBE

1 minute read

American Airlines Stocks Reaches Support, May Rebound

By Mark Putrino

Today, 9:50 PM

Shares of American Airlines Group Inc. (NASDAQ: AAI) have been in a steep decline. Since the beginning of June, they've lost about 20% of their value...but there’s a chance the sell-off is over.

AAI

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Is It Time To Buy Corsair Gaming Stock?

By Mark Putrino

Today, 9:50 PM

Shares of Corsair Gaming, Inc. (NASDAQ: CRSR) have been trending lower. They closed out June at $33.29 and are now getting close to the $30 level. There’s a good chance the stock finds support if it reaches $30. On March 25 and again on May 11, that’s what happened.

CRSR

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If The Stock Market Goes Lower, This ETF Will Skyrocket

By Mark Putrino

Today, 9:50 PM

Some analysts believe that the market is overdue for a sell-off. Holders of equities could be on the verge of losing a lot of money. But investors can hedge their portfolios or even profit if the stock market heads lower.

QQQ

1 minute read

Nio’s Stock Approaching Important Support Level

By Mark Putrino

Today, 9:50 PM

Shares of NIO Inc. (NYSE: NIO) are getting pummeled. They're also getting close to the $43 level. There’s a good chance they find support and possibly rebound. What To Know: $43 was resistance in April, and levels that have been resistance can become support.

NIO

1 minute read

Is The Ford Stock Sell-Off About To End?

By Mark Putrino

Today, 9:50 PM

After breaking down out of a descending triangle pattern, shares of Ford Motor Company (NYSE: F) are in a freefall. But they're approaching a level that may provide support.

1 minute read

2 Blue-Chip Stocks Are At Critical Levels

By Mark Putrino

Today, 9:50 PM

Shares of Alphabet Inc. (NASDAQ: GOOGL) and Facebook, Inc. (NASDAQ: FB) are under pressure this morning. If these two important levels hold, it will mean this is probably some normal profit-taking.

1 minute read

If Stocks Go Lower, This ETF Will Move Higher

By Mark Putrino

Today, 9:50 PM

Many analysts are predicting there will soon be a correction in the market. They cite the high levels of inflation and the problems employers are having highering employees.

1 minute read

Apple Stock Reaches Critical Level

By Mark Putrino

Today, 9:50 PM

Shares of Apple Inc. (NASDAQ: AAPL) have been on a tear, but they have reached a critical level. There’s a chance that the rally ends, at least temporarily. There’s also a chance the shares reverse and head lower.

AAPL

1 minute read

Newegg Commerce Stock Surges: Technical Levels To Watch

By Mark Putrino

Today, 9:50 PM

They say that markets have memories. That means the rally in Newegg Commerce, Inc. (NASDAQ: NEGG) may be about to end. Over the past week, shares of NEGG have tripled in price.

NEGG