Mark Putrino - Spark Newswire

1 minute read

Is There A Dent In The SPY’s Armor?

Today, 7:00 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) has spent the last few days consolidating, but the rally is narrowing. This is a sign of weakness. What To Know: In the second week of May, over 500 companies that trade on the NYSE made new 52-week highs. This week, less than 50 did.

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IBB Vs. XBI: Which Biotech ETF Has A Better Chart?

By Mark Putrino

Today, 7:00 PM

The SPDR S&P Biotech ETF (NYSE: XBI) is trading below an important resistance level, but the iShares Nasdaq Biotechnology ETF (NASDAQ: IBB) has broken out.

IBB

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This ‘Perfect’ Indicator Says It Might Be Time To Sell Netflix Stock

By Mark Putrino

Today, 7:00 PM

Over the past few weeks, shares of Netflix, Inc. (NASDAQ: NFLX) have made a large move higher. But in doing so, they've become very overbought. This means they're trading at an extreme above what would be their typical trading range. It could be a sell signal.

NFLX

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Is This The Level To Sell Exela Technologies Stock?

By Mark Putrino

Today, 7:00 PM

Shares of Exela Technologies, Inc. (NASDAQ: XELA) may run into a wall of sellers if they reach the $3 level. In January and again in February, XELA ran into resistance around $3.00. A downtrend followed each time.

XELA

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This Indicator Says It’s Time To Sell Lowe’s Stock

By Mark Putrino

Today, 7:00 PM

Shares of Lowe's Companies, Inc. (NYSE: LOW) have made a nice move higher over the past few weeks, but the rally may be in jeopardy. The stock has become overbought.

LOW

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Is The Financial SPDR Rebound Ending?

By Mark Putrino

Today, 7:00 PM

The Financial Select Sector SPDR Fund (NYSE: XLF) tracks the financial stocks, which include companies like banks and brokers. Between June 7 and June 18, the ETF lost about 10% of its value.

XLF

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Amazon’s Stock Just Hit A Key Resistance Level: Could A Drop Be Coming?

By Mark Putrino

Today, 7:00 PM

Shares of Amazon.com, Inc. (NASDAQ: AMZN) may be forming a new downtrend. Because it's such a large company, this could have a detrimental effect on the rest of the market.

AMZN

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Is It Time To Buy Nano Dimension Stock?

By Mark Putrino

Today, 7:00 PM

Shares of Nano Dimension Ltd. (NASDAQ: NNDM) may have broken out. For the past three weeks, sellers kept a ceiling on the stock at the $8.35 level, but now the buyers have overpowered these sellers and Nano is trading higher.

NNDM

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2 ETFs For The Green Energy Revolution

By Mark Putrino

Today, 7:00 PM

Both politicians and stock market analysts are talking about the green energy revolution. This refers to the eventual conversion from fossil fuels into energy production that causes less pollution. Two of the most widespread types of clean energy are solar and wind power.

FAN

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Is It Time To Buy GE’s Stock?

By Mark Putrino

Today, 7:00 PM

Shares of the General Electric Company (NYSE: GE) are getting close to a support level, which could be a buy signal. $12.75 level has been a support level for GE since the middle of April.