Shares of insurance industry-focused software maker Guidewire (NYSEGWRE) jumped 9.7% in the afternoon session after Goldman Sachs analyst Adam Hotchkiss initiated coverage of the stock with a Buy rating and a $210 price target. Hotchkiss thinks Guidewire's leadership in the key end markets and the momentum from customers migrating to the cloud should continue to support growth.
XLK and XLE are trading in the final 5th wave of the wedge pattern, but there’s still space for slightly higher targets, ideally up to the upper wedge line before we will see a top formation this year.
Everyone’s waiting to buy pullbacks after today’s massive run higher. And this 21ema *trick* will make it easy to pick the perfect pullback tomorrow morning!
Matt Tuttle plans new ETFs targeting retail investor favorites like Nvidia, Tesla, and MicroStrategy. Daily 0DTE trading on individual stock options expected to launch later this year.
Defiance Quantum ETF (NASDAQQTUM) surpasses $1 billion in assets under management with a stellar 2024 performance driven by companies at the forefront of quantum computing innovation, signaling the industry's potential for growth.
Cryptocurrency index fund manager Bitwise Asset Management filed for a Dogecoin (CRYPTO: DOGE) exchange-traded fund on Wednesday, prompting analysts to forecast big returns for the dog-themed meme coin.
Is this the year of commodities? It’s a plausible narrative, based on the early days of trading in 2025 for a set of ETFs that track the major asset classes through Tuesday’s close (Jan. 21).
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs registered inflows of $3.26 billion and $74.43 million, respectively, over the past four days.
Markets are bullish, and “rotating off the low” of today’s range. That’s a BIG clue, because if this continues overnight, this Breakout Pullback could be an easy winner!
