Shares of Lam Research Corporation (NASDAQ:LRCX) are higher Wednesday. This follows Tuesday’s selloff of almost 6%. There was a sign on Monday that the stock would trade lower Tuesday. This is why Lam Research is our Stock of the Day.If understood and applied correctly, technical analysis is the study of supply and demand in a market.If a stock is going down, the bears are in charge. There isn't enough demand or buy orders to absorb all of the supply or sell orders. Sellers must undercut each other's prices ...

Core Viewpoint - NIKE Inc. (NKE) has experienced a decline in stock performance, falling below key technical indicators, indicating bearish sentiment and a shift in investor confidence [1][2][9]. Stock Performance - NKE shares have lost 6.3% over the past three months, underperforming the Zacks Shoes and Retail Apparel industry's decline of 2.5% and the broader Zacks Consumer Discretionary sector's fall of 1.8% [6]. - The stock closed at $68.91 on October 8, 2025, below its 200-day simple moving average (SMA) of $69.13, and has also traded below its 50-day SMA since September 5, 2025 [1][2][10]. - Compared to competitors, NKE's performance is weaker, with Wolverine World Wide and Steven Madden seeing gains of 29% and 30.2%, respectively, while NKE outperformed adidas AG, which declined by 12.8% [7]. Strategic Transition - NIKE's ongoing transition, driven by the "Win Now" strategy, aims to shift focus from aging products to innovation-led performance items, which has created a revenue headwind as the company clears old inventory [11][12]. - The first-quarter fiscal 2026 results highlighted revenue declines in critical markets like North America and Greater China, attributed to promotional activities and local competition [12]. - Despite challenges, NIKE's fundamentals remain strong, with growth in performance categories like Running and Global Football indicating potential for future consumer engagement [21]. Financial Metrics - NIKE's current forward 12-month price-to-earnings (P/E) ratio stands at 34.64X, significantly higher than the industry average of 29.76X and the S&P 500's average of 23.65X, raising concerns about valuation [15][17]. - The Zacks Consensus Estimate for fiscal 2026 indicates a 0.2% year-over-year revenue growth, but a 23.2% decline in EPS, while fiscal 2027 estimates suggest 5.7% revenue growth and 56.4% EPS growth [23]. Investor Sentiment - The stock's current trading position below both the 50 and 200-day SMAs reflects cautious investor sentiment, with a delicate balance between optimism for long-term growth and skepticism regarding near-term execution risks [24][25]. - Given the elevated valuation and lack of near-term growth visibility, it may be prudent for investors to wait for signs of revenue stabilization and margin recovery before making new investments [25].

Core Insights - The investor adopts a contrarian investment style, focusing on high-risk, illiquid options and shares, with a balanced portfolio of approximately 50% in each [1] - The investment strategy involves identifying stocks that have recently experienced sell-offs due to non-recurrent events, particularly when insiders are buying shares at lower prices [1] - Fundamental analysis is employed to assess the health of companies, their leverage, and to compare financial ratios with sector and industry averages [1] - Technical analysis is utilized to optimize entry and exit points, using multicolor lines for support and resistance levels on weekly charts [1] Investment Strategy - The investor's timeframe for holding positions typically ranges from 3 to 24 months [1] - A professional background check is conducted on each insider who purchased shares after a recent sell-off to ensure credibility [1] - The investor screens through thousands of stocks, primarily in the US, but may also invest in companies from less stable economies [1]

Group 1 - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets [1] - He has worked as a financial journalist and covered various futures markets in the U.S. [1] - Jim is the proprietor of an analytical, educational, and trading advisory service [2] Group 2 - He has held positions as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com [2] - Jim is also a consultant for the "Pro Farmer" agricultural advisory service [2] - He was the head equities analyst at CapitalistEdge.com [2] Group 3 - Jim provides daily market roundups and technical analysis on Kitco.com [3]

Core Insights - The gold market is experiencing a significant rally, with prices surpassing the $4,000 mark, indicating that the rally may just be beginning [1][8] - Gold has historically served as a store of value and a hedge against economic instability, but its lack of yield can limit its appeal during normal economic cycles [2][3] - The investment narrative in the gold market extends beyond spot prices, with individual gold miners seeing substantial increases in market value [4][5] Gold Market Dynamics - The current gold rally is driven by rising concerns about economic stability and the depreciation of the dollar, with predictions of gold reaching $5,000 by 2026 and potentially $10,000 by the end of the decade [7][8] - Analysts believe the current rally is setting the stage for future growth, with some forecasting gold could reach $20,000 per ounce [9] Investment Vehicles - Sprott offers various ETFs for investors looking to gain exposure to gold mining, including the Sprott Gold Miners ETF (SGDM) and the Sprott Junior Gold Miners ETF (SGDJ), which focus on senior and junior mining enterprises respectively [10][11] - The Sprott Active Gold & Silver Miners ETF (GBUG) aims to identify undervalued opportunities in the mining sector, leveraging the firm's expertise in precious metals investments [12] Performance Metrics - The SGDM ETF has gained over 125% year-to-date, while the SGDJ ETF has increased by over 127% in the same period [14][16] - The GBUG ETF, launched in February, has nearly doubled in value, reflecting strong market interest [20] - All three ETFs have seen significant increases in trading volume, indicating sustained investor interest in gold [17][23]

Core Insights - Home Depot's stock has experienced a decline of 7.3% over the past month, underperforming the industry average decline of 6.8% [1] - The stock closed at $397.02 on October 1, 2025, falling below its 50-day simple moving average (SMA) of $399.79, indicating a bearish sentiment [1][2] - Despite short-term challenges, Home Depot remains above its 200-day SMA, suggesting a more favorable long-term outlook [2] Recent Performance - Over the past three months, Home Depot's shares have risen by 5.9%, outperforming the Zacks Retail – Home Furnishings industry's growth of 3.4% but lagging behind the broader Zacks Retail-Wholesale sector and S&P 500, which grew by 8.5% and 9.4%, respectively [6] - Compared to competitors, Home Depot's performance is weaker, with Lowe's and FGI Industries showing gains of 8.1% and 56.6%, respectively, while Floor & Decor Holdings saw a decline of 12.5% [7] Technical Analysis - The drop below the 50-day SMA indicates a shift from short-term bullish to bearish sentiment, reflecting decreased investor confidence and slower buying interest [2][9] - Home Depot's stock is currently trading at $389.33, which is 19.3% above its 52-week low of $326.31 and 11.4% below its 52-week high of $439.37 [10] Financial Outlook - Home Depot anticipates a flat gross margin of 33.4% and an adjusted operating margin of 13.4% for fiscal 2025, facing cost pressures from logistics, wages, and amortization [12] - Inventory levels increased by $1.8 billion year-over-year in Q2 fiscal 2025, raising markdown risks, with management projecting only 1% comparable sales growth and a 2% decline in adjusted EPS for fiscal 2025 [13] Long-Term Fundamentals - Despite short-term challenges, Home Depot's fundamentals indicate long-term strength, with a 4.9% year-over-year sales increase in Q2 fiscal 2025 and a 1% increase in comparable sales [14] - The company's integrated retail model and ongoing investments in supply-chain efficiency and AI-driven logistics are enhancing operational resilience and customer satisfaction [17] Valuation Metrics - Home Depot currently trades at a forward 12-month price-to-sales (P/S) multiple of 2.29X, above the industry average of 1.65X, but slightly below its median P/E level of 2.36X from the past year [18] - The Zacks Consensus Estimate for Home Depot's fiscal 2025 EPS remains steady at $15.03, indicating a year-over-year decline of 1.4%, while the fiscal 2026 EPS estimate suggests growth of 8.5% [19] Market Position - Home Depot's recent slip below the 50-day SMA signals near-term weakness, but its fundamentals and market position suggest resilience and potential for long-term growth [22][23] - Investments in supply-chain modernization and omnichannel capabilities provide a solid foundation for sustained growth, despite potential near-term volatility [24]

Group 1 - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets [1] - He has worked as a financial journalist and covered various futures markets in the U.S. [1] - Jim is the proprietor of an analytical, educational, and trading advisory service [2] Group 2 - He has held positions as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com [2] - Jim has also been a consultant for the "Pro Farmer" agricultural advisory service [2] - He was the head equities analyst at CapitalistEdge.com [2] Group 3 - Jim provides daily market roundups and technical analysis on Kitco.com [3]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1].

Core Viewpoint - Gold prices have surged recently, approaching the $4,000 mark, driven by investor demand for safe havens amid economic uncertainty [1] Group 1: Market Sentiment and Predictions - Goldman Sachs predicts gold will reach $4,300 per ounce by late 2026, indicating a bullish outlook [1] - UBS's Mark Haefele supports the view that gold will remain a crucial hedge in the current market environment [1] - Deutsche Bank suggests that the ongoing gold rally reflects underlying investor fears [1] Group 2: Technical Analysis and Risks - Bank of America Research warns of an elevated risk of correction in the gold market, citing multiple technical signals indicating potential uptrend exhaustion [2] - Ciana from Bank of America highlights that the current gold surge is increasingly driven by momentum rather than fundamental factors, raising the risk of a sharp reversal [3] - The gold price is currently about 20% above its 200-day simple moving average, which historically precedes significant peaks [4] Group 3: Historical Context and Comparisons - Since 2015, gold has experienced an 85% rally into 2020, followed by a 15% correction in 2022, and then a subsequent 130% increase [5] - Ciana draws parallels between the current market and historical "midway corrections" observed in previous decades [5] - Historical analysis shows that while gold booms have not entirely retraced since the 1930s, significant corrections have occurred, such as the 156% gain in the gold boom of 1862-64 followed by a bust [6] Group 4: Diverging Views within Bank of America - A different team at Bank of America argues that gold's rise towards $4,000 is expected, as gold has historically not declined when inflation exceeds 2% and the Federal Reserve eases monetary policy [7]

Filecoin (FIL) rose 2% over the last 24 hours, advancing from $2.37 to $2.42, according to CoinDesk Research's technical analysis model. The model showed that the digital asset formed robust support at the $2.31 level. The most notable price breakthrough materialized as FIL successfully penetrated the $2.37 resistance barrier amid heavy trading volume of 6,938,918, approximately three times the daily average, indicating significant institutional participation and validating the bullish momentum toward th ...