Many people are waiting for the Pentagon to release its report on UFOs, or Unidentified Ariel Phenomena (UAP), later this month.
It remains to be seen whether or not aliens have been visiting us, but there's no doubt that interest in space and space exploration has been growing.
Shares of Clearside Biomedical, Inc. (NASDAQ: CLSD) are skyrocketing Tuesday morning after the company announced positive safety results for a treatment for eye diseases.
Shares of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) made a big move higher Monday, closing up by almost 18%.
But now shares are overbought, which means the rally may be over, at least temporarily.
As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.
Shares of Netflix, Inc. (NASDAQ: NFLX) may be about to stage a rebound. The stock is getting close to a level that has been support in the past.
Since last August, NFLX has dropped to the $470 level on four separate occasions. Each time, a significant rebound followed.
The market is trading close to all-time highs and many analysts are expecting a correction or sell-off over the next few weeks.
They argue that the market has come too far. Some consolidation is overdue and would be natural.
Shares of Galecto, Inc. (NASDAQ: GLTO) staged a nasty reversal on Thursday. The stock was so volatile that the trading was halted by the exchange a few times. This is done to give people a chance to step away from the frenzy and think about their decisions.