DIRS.INFO The most relevant business & tech news

☆ Tesla shares have taken a beating this year. Here's where they could find support, charts show
▼ + stars: | 2024-04-23 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

Tesla recently made new yearly lows with no apparent support level in sight until another 30% lower at the early 2023 bottom of $101.81. We're heading into Q1 earnings this evening plagued with a plethora of negative news headlines clouding this stock. Tesla shareholders, me included, are coming to the realization that consumer appetite for electric vehicles combined with increased competition are significant headwinds for the stock. All that being said, the phrase "it's always darkest before the dawn" usually applies to beaten-down fundamental stories that are approaching technical support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Tesla, Cybertruck, Elliott, Elon Musk, — Todd Gordon, Todd Gordon, TSLA Organizations: Tesla, Inside Edge, Inside Edge Capital Management Locations: Europe, Asia, Elon

☆ Another way to play the commodity breakout with a copper stock forming a 'bull flag' chart pattern
▼ + stars: | 2024-04-19 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

If you look at the other metals like copper and steel and their associated stocks you'll see breakouts as well, and in fact, they are showing more strength than gold stocks. Looking at a chart of copper we'll see a clear breakout above the early 2023 high of $4.35 with the 2022 highs of $5.00 targeted. Fundamentally speaking copper is an industrial metal heavily needed in China and India for infrastructure, transportation, and the green energy buildout. 'Bull flag' pattern The way I'm expressing this bullish thesis in copper is through my holdings in Southern Copper Corp (SCCO) in the dividend portfolio at Inside Edge Capital. That's not exactly cheap, but with the forecasted global demand of copper we think that multiple is justified.

Persons: There's, COPX, That's, Todd Gordon, Gordon, SCCO Organizations: Gold Miners, Copper Miners, Southern Copper Corp, Edge, Inside Edge, Inside Edge Capital Management Locations: China, India, Panama, GDX, COPX, Arizona

☆ Nvidia is a buy on the pullback and headed toward a $1,150 target, according to chart analyst
▼ + stars: | 2024-04-12 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

A flagship stock like Nvidia (NVDA) takes a month-long breather and many investors want to throw in the towel on the uptrend and say enough is enough. The last time we spoke about NVDA was on Feb 21st just before the earnings report, while I was on a ski vacation. Turning down to the 195-minute chart (that is a half-day chart), we can fine tune our entry on this idea. I added a one-half position size to our short-term Active Opportunities portfolio with stops just below the $832 low. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: NVDA, it's, Elliott, Todd Gordon, Gordon Organizations: Nvidia, PPI, Inside Edge, Inside Edge Capital Management

☆ An even better way to play a potential small-cap stock breakout, according to the charts
▼ + stars: | 2024-03-23 | by ( Todd Gordon | ) www.cnbc.com time to read: +5 min

Is the breakout from resistance likely and should you consider allocating exposure to this basket of 2000 small capitalization stocks? I think the breakout should occur, but I don't think we should increase exposure to the Russell 2000 for two reasons. Ideally the rotation was going to carry through into the upper-right green quadrant indicating confirmed outperformance relative to the S & P 500. I'm not saying we shun small caps all together and continue to focus on the large caps. We need to focus on fundamentally sound small cap companies and we can do so through the Pacer US Small Cap Cash Cows 100 ETF (CALF) .

Persons: Russell, Powell, Gordon, POWL Organizations: Federal Reserve, Powell Industries, Edge, Inside Edge Capital Management

☆ This sector is 2022's 'sneaky catch-up play,' trader says. Here are the two stocks he'd buy
▼ + stars: | 2021-12-23 | by ( Lizzy Gurdus | ) www.cnbc.com time to read: +2 min

"We're seeing growth come ripping back" after roughly a year of investors opting for value, Gordon said. Communications stocks have lagged the rest of the S&P 500 , but a return to growth could make them 2022's "sneaky catch-up plays," Inside Edge Capital Management founder Todd Gordon told CNBC's "Trading Nation" on Wednesday. This quarter's worst-performing sector could make a comeback in the new year, one trader says. "I think one of the sneaky catch-up plays ... is going to be communications next year. His 2022 strategy took the other side of the low interest rate trade, favoring dividend plays, particularly real estate investment trusts involved in industrial and medical office properties.

☆ The ultimate 2022 safety play could be in this unusual place, traders say
▼ + stars: | 2021-12-23 | by ( Natalie Zhang | ) www.cnbc.com time to read: +2 min

But for 2022, Tocqueville Asset Management's John Petrides sees the fixed income market as the safe haven. "It's not often we think of the high-yield bond market as the safety place," the portfolio manager told CNBC's "Trading Nation." Inside Edge Capital Management founder Todd Gordon is more cautious on the fixed income trade. Instead, Gordon suggested an options strategy to make up for lack of yield in the fixed income space. Gordon said it will allow investors to participate in the market upside with some guardrails for safety.

Search resuls for: "Inside Edge Capital Management"

6 mentions found