Category

Stocks

Category

With the Magnificent 7 stocks struggling to hold up through a tumultuous earnings season, what sort of opportunities are emerging on the charts going into November? Today, we’ll break down some of the names we’ve included in our Top Ten Charts to Watch for November 2024. Some of these charts are overextended, having already logged significant gains in the last month. Others have already experienced short-term pullbacks and may provide actionable entry points around an ascending 50-day moving average. Still others may be worth following less as an investment candidate, but more as a good measure of overall risk appetite for investors. Let’s start with one of the sectors that I have found investors to be generally underweight, even though the relative performance has really begun to shine in recent months. Stifel Financial Corp. (SF) In my recent podcast interview with Ari Wald of Oppenheimer, we talked about emerging strength in the capital…