Good morning. The past few years has seen a rise in e-commerce trends. Those trends got a shot in..
I hope you had a great weekend. It's great to see people out and about, masked or not. I happen to live where things are opening up more quickly, and I have to tell you, it's a relief.
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| Friday, November 27, 2020
The past few years has seen a rise in e-commerce trends. Those trends got a shot in the arm in 2020, and show little sign of shopping. That makes the traditional retail holiday season a bit less hectic. It also means fewer viral videos of fights breaking out to get the last doorbuster-sale item.
It also means retailers can spread out the holiday season a bit longer too. Instead of Thanksgiving weekend doorbuster deals, we're seeing weeklong (or longer) sales on many popular internet retailers. There may be limits to this trend in time. Sure, we all know someone who gets their holiday shopping done in August. But retailers tend to stick to selling strategies that work, and massive discounts on popular products will fare well in any event. But it just keeps getting easier to do so at home. | | Actionable Trade Ideas For Today: |
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| Unusual Pattern of the Day: Box Inc (BOX)
While most technology companies have been pushing to new highs, a few names have struggled. Box Inc. (BOX) is one of those firms. The cloud content management platform has pulled back substantially over the past few months. Now, a new chart pattern suggests there won't be a rally to new highs. | | | [SPONSORED CONTENT] | 2 |
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| | | | 3 |
| Overbought Stock of the Day: NCR Corp (NCR)
The stock market's latest swing higher has been a boon for many companies, but is also sending a number of them unreasonably high. One such example is NCR Corp (NCR). Once known as National Cash Register Corp, the company is a manufacturer of ATMs and other machines | | | | 4 |
| Oversold Stock of the Day: Barrick Gold (GOLD)
Gold prices continue to correct, dropping to a four-month low in the $1,800 range. That's led to a sharp decline in a number of gold stocks. A few are starting to look oversold, however. Chief among them is industry giant Barrick Gold (GOLD). | | | | | |
| Not sure the best way to get started? Follow these simple steps to hit the ground running. | | | |
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