ClearValue Team Insights
Stay ahead of the curve by accessing the most recent insights from our expert team. Dive into comprehensive analyses and timely updates covering a spectrum of investment-related news and events.
Stock Market Rebounds Despite Biden’s Resignation
I thought the stock market would have a bearish start to the week after Biden resigned over the weekend. Instead, the current sentiment is bullish and the stock market could rebound this week. SPY has held above a key white resistance level around $546, and is building support above this white trendline. NASDAQ Falls Below […]Read More
Downward May Continue But Lookback Put Options Could Provide Portfolio Protection
The S&P 500 has achieved 38 new all-time highs in 2024, making it one of the most successful years in nearly a century. Nonetheless, last week was not very favorable for the index, as it experienced its worst week since, and although it has managed to start off this week on a positive note, there […]Read More
RIVN Hasn’t Reached the Price Target
RIVN had a nice rally in July, and I believe there is still some upside to the red resistance line around $19-20. There have been pullbacks along the way, but the red resistance line is likely to have a lot of sellers. I would exit at the red trendline, and I still like RIVN as […]Read More