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☆ This rallying energy drink stock is set to break out above $100, according to the charts
▼ + stars: | 2024-05-14 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

Celsius (CELH) is an energy drink company that emerged from small cap status in 2020 to a $21 billion market cap company today. The stock carries a hefty valuation, but with the recent breakout following earnings last week I think it can rally even higher. I first wrote about Celsius here on Jan 17 as the stock was gearing up to break through the $63 and $69 resistance levels. The fundamental case Even so, last week's Q1 earnings report was met with some confusion. The chart below shows CELH quarterly revenue growth with the most recent quarter showing a slight lower-high based on that $355 million top line figure.

Persons: Red Bull, we'll, Todd Gordon, Gordon, CELH Organizations: Red, Monster Beverage, Elliott, Pepsi, Tactical Alpha, Inside Edge, Inside Edge Capital Management

☆ The Nvidia trade looks crowded ahead of the chipmaker's earnings report, according to the charts
▼ + stars: | 2024-02-21 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Nvidia has been awarded the flagship status of companies leading the artificial intelligence revolution, and all eyes turn to fourth-quarter earnings after the bell Wednesday. The expectations are massive compared to the same quarter last year — and even compared to last quarter's earnings. The massive gains in price reflect this historic growth and the question is will the chart continue its rally following earnings? On Jan. 9 , I wrote about NVDA breaking through the 2023 resistance zone of $500 with targets of $650 in the first half of this year, and $775 in all of 2024. Expectations are for earnings of $4.59 per share vs 88 cents in Q4 of '23 and $4.02 in Q3 of '24.

Persons: It's, Eli Lilly, Elliott, Gordon, NVDA Organizations: Nvidia, UBS, Elliott, Tactical Alpha, Edge

☆ Wait for a pullback to buy this rallying streaming play, according to the charts
▼ + stars: | 2024-02-06 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

There's a streaming play continuing its comeback on Tuesday, but the charts suggest investors may want to wait before buying more. SPOT 5Y mountain Spotify, 5-years On Tuesday, SPOT reported a loss, but showed its user base was expanding and that the company is improving operating efficiency. Analysts were expecting an additional 8.9 million new subscribers, but it added 10 million to bring the total paying user base to 236 million worldwide. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I've, Gordon, AMZN Organizations: Spotify, Alpha, CNBC Pro, Netflix

☆ It could be time for investors to take some profits on Netflix after earnings, according to the charts
▼ + stars: | 2024-01-23 | by ( Todd Gordon | ) www.cnbc.com time to read: +6 min

Netflix has recently been crowned the unofficial king of streaming services and it's scheduled to report earnings this evening. The earnings report could be another good one, but the stock technicals are flashing some warning signs for long-term investors. From a fundamental standpoint, NFLX has been anointed 'the one' in the streaming space after delivering on multiple initiatives. Combined that with such strong projected growth rates creating a stretched forward valuation making investors even more cautious. At the current price of $486.50 and an expectation of $15.94 in earnings, that puts NFLX at 30.50 times 2024 earnings.

Persons: NFLX, Julius de Kempenaer, Hope, you'll, Gordon Organizations: Netflix, Tactical Alpha, Edge, candlestick Locations: I'm

☆ This energy drink stock trouncing the market appears ready for its next bull run, according to the charts
▼ + stars: | 2024-01-17 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

However, America's quest for a healthier lifestyle in a post-pandemic era led Pepsi to invest in Celsius (CELH) in August, 2022. International opportunity The Pepsi distribution deal helped Celsius spread across America quickly and it is now sitting at the No. DISCLOSURES: (Gordon owns CELH in personal (stock and options) and stock in wealth management business.) THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: it's, Ozempic, CELH, Jarrod Langhan, Gordon Organizations: Pepsi, Cola, Tactical Alpha, Monster Beverage, Beverage Locations: America, Canada, United Kingdom, Australia, Germany

Ten-year Treasury yields hit a 16-year high of 5.021% in late October, but have fallen back to 4.414%. Some big investors and advisers believe, however, that reasons to cheer are short-lived and growing concerns over the economy will start weighting on asset prices early next year. His focus now is more on earnings, credit markets and broader economic data for signs of a potential slowdown. The U.S. presidential race next year is also a concern because it could be a source of more market instability. For a new boost in market performance, tech stocks will depend more on showing how AI can lift results, investors said.

Persons: We've, Ryan Israel, Bill Ackman's, Mohamed El, Peter van Dooijeweert, Max Gokhman, Franklin Templeton, Bill Gross, van Dooijeweert, Carolina Mandl, David Randall, Svea, Bayliss, Megan Davies, Leslie Adler Organizations: Nasdaq, Bill Ackman's Pershing, Capital Management, Allianz, Group's Solutions, U.S, Reuters, Microsoft, Wall, Svea Herbst, Thomson Locations: extrapolating, U.S, China

☆ These factors will be big market drivers in the final five months of the year
▼ + stars: | 2023-07-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Consider: The S & P 500 hasn't seen a 1% down day in two months . The S & P 500 is going to close higher for five consecutive months. The S & P 500 advance/decline line, which measures the daily activity of how many stocks are advancing versus declining, has been rising steadily for the past two months. The triumph (so far) of the soft landing has enabled earnings estimates to stabilize. The soft landing data must continue .

Persons: It's, What's, Frank Gretz, Wellington Shields, Gretz, Alec Young, Young, Jerome Powell's, Timmer, Matt Maley, Miller Tabak Organizations: PCE, Bulls, Tactical Alpha, Fed, Fidelity Investments Locations: Wellington

☆ Tech stocks are pulling the market higher, but it's all up to the Fed now
▼ + stars: | 2023-03-17 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

With all the wild volatility and hair-pulling over the fate of bank stocks, the average person on the street probably thinks the stock market has cratered this week. But it hasn't: The S & P 500 is up 2.6%. You can largely thank the performance of tech stocks, where the bulls have once again seized the reins. All the largest tech stocks have had big gains this week: AMD up 17% Meta Platforms up 14% NVIDIA up 11% Alphabet up 11% Microsoft up 11% Intel up 11% Amazon up 10% Apple up 5% But the tech rally is broader than the mega-caps. To the extent the big risk to tech stocks is the Fed continuing to raise rates, any sign that trend might be reversing would be a positive for the sector.

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