RedHotStocks

RedHotStocks

Not many investors were expecting NASDAQ:RDFN to receive any upgrades for quite a while considering the price action post earnings, but today John Campbell from Stephens upgraded the stock to Overweight from Underweight and a $23 price target. The stock has a high short interest which contributed to the 7.48% gain today, despite this we believe it will be a...

RedHotStocks

===================== SPEX ( Spherix Incorporated) Float: 1.98M Alert Price: $2.97 CEO Interview Chart Analysis Website | Recent News ======================== Add SPEX to the top of your watchlist. See why this low-float alert could be the Nasdaq's top gainer Members, Earlier today we told you that we had a fresh low-float, Nasdaq listed...

RedHotStocks

===================== SPEX (Spherix Incorporated) Float: 1.98M Alert Price: $2.97 CEO Interview Chart Analysis Website | Recent News ======================== Add SPEX to the top of your watchlist. See why this low-float alert could be the Nasdaq's top gainer Members, Earlier today we told you that we had a fresh low-float, Nasdaq listed opportunity on...

RedHotStocks

This is truly a crazy market to be involved in, and extremely difficult for bulls and bears to have a strategy. It was expected we get a bounce on monday past but not a 5.25% bounce over 5 sessions that cancelled out the losses from the previous 4 weeks. The upcoming week is sure to start with a bang with the tweets from Mr Trump over the weekend and the...

RedHotStocks

THANKFULLY THE NASDAQ FOUND SUPPORT, BUT FOR HOW LONG WILL THAT CONTINUE. THE WALL OF WORRY REMAINS THE SAME, WITH THE ONLY EXCEPTION BEING THAT MEXICO IS SOMEWHAT OUT OF THE FIRING LINE. THE MARKET HAS PRACTICALLY DECIDED THAT THE FED WILL CUT RATES AS EARLY AS JUNE, IF THAT DOES NOT HAPPEN THE NASDAQ WILL BE HEADING INTO A MUCH DEEPER CORRECTION. WE WILL BE...

RedHotStocks

Litecoin continues to show great strength and resilience as it tries to break the $122 resistance level. Indicators remain strong and in particular the MOMentum which has now reset and going higher in a strong move, this is often seen as a very good leading indicator. Volume has also remained strong with bulls stepping in on any weakness, once again the weekly...

RedHotStocks

Earnings are approaching and NYSE:KMX is one of the sweet spots in retail. New car sales are declining which limits the supply of second hand cars , this in turn increases demand and prices in the second hand market, improving margins and earnings. The same can be said for parts suppliers etc as cars are been maintained for longer. The chart illustrates just how...

RedHotStocks

We will keep this quite simple IT SELLS CHICKEN AND HAS A 121 P/E RATIO , its average analysts price target is $78, this just does not make sense regardless of growth and lower staffing costs, it is still chicken not some sort of TECH unicorn. Analysts recently questioned NYSE:MCD for having A 27 P/E. We will be waiting for this to run out of steam and when...

RedHotStocks

On the daily chart of NYSE:MRK it seems that a nice breakout rally is setting up, with $84 as a good point to evaluate your position. The chart accompanying this post is merely a look at the nature of declines that a stock can suffer, to get back to the 2000 price level may take a possible 21 years, that is a long to hold and pray. It teaches us the lesson that...

RedHotStocks

One thing we can be certain of, is that people will get sick and NYSE:MPW is to the forefront of benefiting from that fact. The company is a REIT that owns and continues to acquire healthcare facilities of all types.Their portfolio includes properties in the USA, Germany, Australia and Switzerland, which are all very profitable investments. Currently the stock...

RedHotStocks

Post earnings the stock of NYSE:TPR spiked higher but it was short lived, losing 23% from that high, China is the obvious problem for Tapestry as tariffs are going to take a large bite out of earnings. As the rhetoric became more and more negative between the USA and China retailers have witnessed drastic declines in their share price. Since the earnings report...

RedHotStocks

The stock of NASDAQ:DNKN has gained great momentum in recent months, continuing a six quarter winning streak on earnings beats. The company continues to grow at pace while introducing new menu items , loyalty programs and digitization. The stock does have a considerably high valuation with a 28.36 P/E ratio, which makes it interesting to see how analysts will...

RedHotStocks

Due to the strong move in NYSE:AXP in 2019 it has now reached its analysts average price target, this makes upgrades very possible in the days to follow. From a technical view the chart is perfect, with a strong uptrend and a major breakout completed, indicators are all bullish and buy volume is dominant. This stock is a ideal inclusion for any portfolio and...

RedHotStocks

From a fundamental perspective there is not a great deal of reasons to be looking to long the stock of NYSE:THO , but it looks compelling from a technical perspective. The Momentum indicator is seen as a leading indicator and in this case it is bullish as is the RSI and Stoch. This stock has been so beaten down with the entire sector, that any positive news could...

RedHotStocks

BTC has made a great recovery from the intense selling this week having found strong support in the golden pocket. The price is currently sitting below a strong cluster of resistances, which will be extremely difficult to get through. Recapturing the top side of the middle bollinger band would be extremely bullish , but it sits right on the $8200 level which has...

RedHotStocks Updated 

===================== HOTH (Hoth Therapeutics, Inc.) Float: 3.86M Current Price: $6.80 Low: $6.75 High: $7.90 Realistic Gains/Loss: +13.18% Target Price: $10.00 Chart Analysis Investor Presentation Website | Recent News ======================== Members, Yesterday's low-float Nasdaq listed alert HOTH (Hoth Therapeutics, Inc.) started the day...

RedHotStocks

COWAN AND CO RECENTLY ISSUED A BUY RATING AND A $25 PRICE TARGET ON NASDAQ:LJPC RESULTING IN A SPIKE IN PRICE AND VOLUME , WE EXPECT CONTINUATION IN THE DAYS AND WEEKS TO COME FOR SOME GREAT GAINS. AVERAGE ANALYSTS PRICE TARGET $19.50 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT COMPANY PROFILE La Jolla Pharmaceutical Co. operates as a biopharmaceutical...

RedHotStocks

CAESARS entertainment has been on our radar for a while now. Recent activity in the options market HAD SIGNALED significant gains were ahead. As we had stated in our earlier analysis the company could very well be sold, today the Wall Street Journal are reporting that NASDAQ:ERI is finalizing a cash and stock deal to acquire the company and that it may be...