SpokoStocks

SpokoStocks

This chart highlights the significance of contrarian sentiment indicators in identifying potential buying and selling opportunities in gold (GLD). The sentiment indicator below the price chart oscillates between -100 (extreme pessimism) and 100 (extreme optimism). Historically, extreme pessimism sentiment levels have marked pivotal turning points in gold's price...

SpokoStocks

Overview: Walgreens Boots Alliance (WBA), a former staple in the healthcare and retail sector, has seen its stock plummet by 88% from its peak. This dramatic decline highlights challenges in the business and broader industry trends affecting traditional retail and pharmacy chains. Industry Shift: The rise of e-commerce and digital health solutions has disrupted...

SpokoStocks

Overview: Super Micro Computer (SMCI) has dropped 74% from its all-time high, with a maximum drawdown of approximately 86%. This sharp decline raises the question: Is the worst over, or could further downside be ahead? Fundamental Context: Despite the drawdown, SMCI remains a leader in the AI server market. Long-term demand for AI-related infrastructure may...

SpokoStocks

Overview: Moderna (MRNA) has fallen sharply, trading 92% below its all-time high of $497.49 (reached in 2021). With this massive decline, investors might wonder: Is the stock poised for a recovery or headed lower? Key Insights: Support Levels: Current price hovers near the 2020 pre-pandemic breakout zone (~$30-$40), a strong historical support area. Catalysts...