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Market Overview

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Mark Putrino

Benzinga Staff Writer

May 07, 2021 2:44 PM
Traders of Luna (CRYPTO:LUNA) have decided to take a stand. The sellers have been at the $17.80 level. Each time over the past three weeks that LUNA r ...
May 07, 2021 12:11 PM
Shares of Acasti Pharma, Inc. (NASDAQ: ACST) fell to the 40-cent support level. Then they rallied and hit resistance at the 58 cents level and&nb ...
May 07, 2021 12:09 PM
It may be time to sell Stellar Lumens (CRYPTO:XLM). On April 14, XLM rallied but then ran into a wall of sellers at the 66-cent level. This resistance ...
May 07, 2021 9:16 AM
Shares of popular Reddit stocks Etsy, Inc. (NASDAQ: ETSY), ENGlobal Corporation (NASDAQ: ENG), and Palantir Technologies Inc. (NYSE: PLTR) may move lo ...
May 07, 2021 7:32 AM
Stocks are always doing one of three things: Moving higher, moving lower or staying the same. When they're moving higher the bulls (buye ...
May 06, 2021 5:51 PM
Many cryptocurrencies are moving higher. At the same time, many cryptocurrency stocks are moving lower. Some are getting close to support. That means ...
May 06, 2021 1:10 PM
Some bearish dynamics are occurring in different parts of the market. They suggest there may soon be a sell-off or correction. These dynamics can be s ...
May 06, 2021 12:28 PM
Shares of Nemaura Medical Inc. (NASDAQ: NMRD) may be about to drop even more than they have so far today. On Wednesday, the bulls were firmly in contr ...
May 06, 2021 10:02 AM
Over the past two days, EOS (CRYPTO:EOS) has skyrocketed higher. It has gained almost 50%, but it's now overbought and that means the rally c ...
May 06, 2021 9:45 AM
Shareholders of Reed's, Inc. (NASDAQ: REED) have learned a painful lesson. Markets have memories. In this case, it’s a resistance level. Ree ...
May 06, 2021 9:39 AM
There’s a chance the Peloton Interactive, Inc. (NASDAQ: PTON) sell-off ends soon, at least temporarily. The company faces significant challenges ...
May 05, 2021 1:34 PM
After becoming overbought, Ethereum (CRYPTO:ETH) is consolidating or trading sideways. This was expected, as cryptos often consolidate after beco ...
May 05, 2021 1:25 PM
Penny stocks Diversified Healthcare Trust (NASDAQ: DHC), RISE Education Cayman Ltd (NASDAQ: REDU), and TD Holdings, Inc. (NASDAQ: GLG) have all droppe ...
May 05, 2021 11:57 AM
Since April 27, shares of electric vehicle company NIO Inc. (NYSE: NIO) have been trading lower, having lost about 10% of their value. There' ...
May 05, 2021 11:56 AM
After two weeks of consolidating below resistance at the one dollar level, shares of Reddit favorite Sundial Growers Inc. (NASDAQ: SNDL) have resumed ...
May 05, 2021 9:33 AM
The trading in biotechnology company Cocrystal Pharma, Inc. (NASDAQ: COCP) is a good example of how inexperienced traders can lose a lot of money. Wha ...
May 05, 2021 8:35 AM
When Apple Inc.'s (NASDAQ: AAPL) stock failed to get through the resistance at the $137 level, it became obvious that the technology sector was ab ...
May 04, 2021 7:07 PM
In the old days, investors who wanted to use leverage needed to take positions in the futures markets. Then leveraged ETFs came along. These ETFs use ...
May 04, 2021 4:56 PM
Cardano (CRYPTO:ADA) has hit a wall of resistance at the $1.35 level. If it breaks through, there’s a chance it makes a big move higher as Ether ...
May 04, 2021 1:15 PM
On April 29, shares of Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) hit a wall of resistance at the $4.30 level. Since then, they have been in a freefa ...
May 04, 2021 12:40 PM
Shares of cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) have soared 170% this week after the company said it launched a COVID-19 test ...
May 04, 2021 12:25 PM
Since breaking out through the $2,500 level, cryptocurrency Ethereum (CRYPTO:ETH) has made an epic move higher. It has gained about 40% in just two we ...
May 04, 2021 12:22 PM
The longer that GameStop Corp. (NYSE: GME) trades sideways with declining average daily volume, the greater the odds that the bears drive it lower. Wh ...
May 03, 2021 3:15 PM
Many investors are reluctant to buy cryptocurrencies. This isn’t a surprise. They're still relatively new and they can be hard to understand ...
May 03, 2021 2:10 PM
Litecoin (CRYPTO:LTC) is trading higher Monday but the rally may end soon. It's getting close to a resistance level. Resistance is a large co ...
May 03, 2021 10:41 AM
Cryptocurrency Ethereum (CRYPTO:ETH) has crossed the $3,000 level, but it's now overbought. That means there a good chance it goes into another pe ...
May 03, 2021 8:30 AM
It may be time to sell GameStop Corp. (NYSE: GME), Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), and Archer-Daniels-Midland Company (NYSE: ADM)&nb ...
May 03, 2021 7:50 AM
It may be time to buy Twitter, Inc. (NYSE: TWTR), Selecta Biosciences, Inc. (NASDAQ: SELB), and FARO Technologies, Inc. (NASDAQ: FARO) and the reasons ...
May 03, 2021 7:39 AM
The bulls have been in control of Genworth Financial (NYSE: GNW). Over the past month, the price of the shares has climbed by about 30%. But now it ...
April 30, 2021 3:50 PM
Even the experts are starting to understand that there is inflation. It’s been apparent for months. Gas prices are soaring, copper is a multi-ye ...