Brace Yourself for Jeff Bezos' "Amazon Helios"

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Top 3 Materials Stocks That May Collapse In Q3

Avi Kapoor
August 19, 2024

As of Aug 19, 2024, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here's the latest list of major overbought players in this sector.

Aspen Aerogels Inc (NYSE:ASPN)

  • On Aug. 7, Aspen Aerogels reported better-than-expected second-quarter revenue results. “This quarter’s results demonstrate the significant operating leverage of our business model as we continue to utilize a higher percentage of our current capacity and effectively execute our strategy,” commented Don Young, Aspen’s President and CEO. The company's stock gained around 35% over the past five days and has a 52-week high of $31.74.
  • RSI Value: 73.40                              
  • ASPN Price Action: Shares of Aspen Aerogels gained 22.6% to close at $29.92 on Friday.

Anglogold Ashanti PLC (NYSE:AU)

  • On Aug. 6, AngloGold Ashanti reported a year-over-year increase in H1 financial results. “These results show the hard work that’s been done to improve the fundamentals of our business, to drive productivity benefits and manage costs to ensure we capture the benefit of stronger gold prices,” CEO Alberto Calderon said. “We expect to deliver an even stronger second-half performance.” The company's stock gained around 12% over the past month and has a 52-week high of $31.65.
  • RSI Value: 70.53
  • AU Price Action: Shares of Anglogold Ashanti gained 3.6% to close at $31.47 on Friday.

United States Antimony Corporation (NYSE:UAMY)

  • On Aug. 9, the company said revenues for the first six months of 2024 increased 26%, or $1.169 million, to $5.6 million, compared to the first six months of 2023. The company's stock gained around 71% over the past month and has a 52-week high of $0.57.
  • RSI Value: 84.97
  • UAMY Price Action: Shares of United States Antimony gained 11.6% to close at $0.53 on Friday.

Read More:

  • Jim Cramer Recommends Buying Clorox: ‘CEO Has Done Remarkable Job’

Continue Reading...

Popular

VinFast Auto Maintains EV Delivery Outlook Amid Macro Uncertainty Despite Q4 Margin Drag

VinFast posts wider-than-expected Q4 loss, revenue miss, and steep margin drop but maintains 2025 delivery growth target.

2025 NFL Draft: How To Watch, Betting Odds, Will Record First Round Happen?

The 2025 NFL Draft kicks off Thursday, April 24, with three days of more than 250 college football players drafted. A look at the draft order and betting trends.

NVDA CEO Set to Upend Tech World W/ New AI Announcement - Ad

Nvidia's CEO is about to make a game changing AI announcement--one that could ignite a $20 trillion boom and unleash the next wave of massive profits. Think you missed the AI surge? The biggest gains may still lie ahead.

Bunge, Repsol Launch Next-Gen Biofuel Initiative In Europe, Target 90% Emissions Cut

Bunge Limited (NYSE: BG) shares down premarket on Thursday due to advancement in Europe's renewable energy sector with Repsol, using new crops for low-carbon oils.

Are Whales Buying The TRUMP Meme Coin To Secure A Dinner With POTUS?

The news that TRUMP (CRYPTO: TRUMP) meme coin holders may be eligible for a dinner with the president has sparked a heated debate about the ethics of thi

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

DOGE trumpets unemployment fraud that government already found

NEW YORK (AP) — The latest government waste touted by billionaire Elon Musk's cost-cutting Department of Government Efficiency is hundreds of millions of dollars in fraudulent unemployment claims it purportedly uncovered.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Marjorie Taylor Greene Made Large Stock Purchases Ahead Of Trump's 90-Day Tariff Pause: Hakeem Jeffries Calls It 'Problematic'

Rep. Marjorie Taylor Greene (R-Ga.) disclosed her significant stock purchases made just before and on the day of former President Donald Trump's announcement to pause global tariffs. This announcement had a substantial impact on the stock market.

US Treasury secretary says trade war with China is not 'sustainable'

WASHINGTON (AP) — U.S. Treasury Secretary said in a Tuesday speech that the ongoing against China is unsustainable and expects a "de-escalation" in the trade war between the world's two largest economies.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

California will sue to stop Trump from imposing sweeping tariffs

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging President Donald Trump's authority to impose sweeping tariffs that have set off a .

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Elon Musk's Tesla Reportedly Manipulating Odometers To Dodge Warranty Repairs

Tesla is facing lawsuit over odometer manipulation. Plaintiff claims premature warranty expiration, seeking damages for California Tesla drivers.

Palantir Goes Bullish After NATO's AI Buy: Is This The Future Of War, Wall Street?

Palantir's stock jumps 9% after NATO acquires its AI-enabled system, showing its dominance in data and potential for growth.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Nayib Bukele Proposes Swapping US-Deported Venezuelans With Nicolas Maduro's 'Political Prisoners'

El Salvador’s president, Nayib Bukele, proposed a prisoner exchange with his Venezuelan counterpart, Nicolas Maduro, on Sunday, aiming to repatriate Venezuelan deportees from the U.S. in exchange for “political prisoners” held in the South American country.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Meet The New Income Machines: Simplify Debuts SBAR And XV

Simplify Asset Management launches two innovative ETFs designed to provide structured, high-yielding income with well-defined downside risk in today's challenging investing environment.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Japan reports a $63 billion trade surplus with the US as it talks with Trump on tariffs

TOKYO (AP) — Japan recorded a trade deficit in its March-April fiscal year but racked up a surplus with the U.S., the Finance Ministry reported Thursday.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

Trump administration plans to end the IRS Direct File program for free tax filing, AP sources say

WASHINGTON (AP) — The Trump administration plans to eliminate the IRS' program, an electronic system for filing tax returns directly to the agency for free, according to two people familiar with the decision.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

Donald Trump's Trade War: JPMorgan Predicts Deals, Higher Taxes and Potential Recession Avoidance

JPMorgan (NYSE: JPM) has predicted that the ongoing tariff war initiated by President Donald Trump could lead to some agreements between the US and its trade partners, along with a significant rise in tax rates.

Stocks Edge Up On Strong Bank Earnings, Netflix Soars, Dollar Rebounds: What's Driving Markets Tuesday?

Wall Street gained ground by midday trading on Tuesday, as investor concerns over the economic impact of trade tensions continued to ease following recent signs that the Trump administration was taking a more conciliatory approach.

Trump's plan to save the U.S. Dollar - Ad

The U.S. Dollar is crashing, and our reserve currency status is now in serious jeopardy leaving some to wonder -- is this being done by design? A 25-year economist and investor answers here... and details the exact steps you should be taking with your money to prepare.

The European Union fines Apple 500 million euros and Meta 200 million in separate digital cases

LONDON (AP) — European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation bloc’s .

Palantir Executive Defends Company's ICE Contract: 'All Sides Of The Political Aisle'

A Palantir executive defended the company's recent ICE contract extension and company's work with the Trump administration.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

South Dakota panel rejects permit for an $8.9 billion carbon capture Midwest pipeline

SIOUX FALLS, S.D. (AP) — The massive carbon capture pipeline in the Midwest was thrown into uncertainty Tuesday after South Dakota’s Public Utility Commission denied its route permit application.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

As Trump considers auto tariffs pause, parts exemptions could be key for US industry

DETROIT (AP) — President Donald Trump hinted that he might temporarily relieve the auto industry from “permanent” on the business. The president didn't specify how long the potential pause would be or what it would entail, but is awaiting how rules might change on 25% tariffs based on U.S. parts, if duties remain on assembled vehicles.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service