FlowBank

1036 days ago

An interesting chart setup in Indian FMCG stocks

Will this inverse Head and Shoulders see a breakout? Rising food inflation offers some fundamental justifcation too.

#Stocks
An interesting chart setup in Indian FMCG stocks

1037 days ago

Meme stocks vs Retail's favorites

The Goldman Sachs Retail Favorites Index is a basket composed of the 50 most popular stocks held by the retail investing community. If it outperformed the S&P 500 last year (80% vs. 14.5%), it is now being outperformed by meme stocks over the last year.

#Stocks
Meme stocks vs Retail's favorites

1037 days ago

Ambarella, an AI computer vision firm, is set to underperform by BoA

Remain cautious given macro/trade uncertainties. In addition, the stock's premium valuation versus broader semis also sets a high bar for execution. While Q1 marked an impressive turn for AMBA, the firm faces stiff competition ahead. AMBA high valuation might be over exposed to China restriction risks and while their auto segment is in a run of form, there is competition from Intel/Mobileye, Nvidia and Qualcomm (they all compete on similar technologies, think AI chips).

#Stocks #Technology

1037 days ago

Affirm: time to buy now, or pay later? BoA upgrades to buy--short interest still 29% of float

The buy now pay later company has seen shares fall 34% this year as the company faces several headwinds including a struggling Peloton--Affirm's largest merchant. Furthermore, Affirm is a high growth and high-multiple stock which tends to do badly during times of rising interest rates. 

#Stocks #Technology

1037 days ago

Canada's TSX on the road to 20,000 with Energy stocks

Canada's main stock index rose above the 20,000 level for the very first time on Tuesday, pushed up by gains in energy shares and a rotation to value stocks as well as a global economic recovery. The index jumped as much as 1.5% before closing at 1.2% at 19,976.01. Will it pass the golden mark today ?

#Stocks
Canada's TSX on the road to 20,000 with Energy stocks
bg_newsletter