Group 1 - WisdomTree, Inc. (WT) has reached a significant support level and is considered a good pick for investors from a technical perspective due to a "golden cross" formation [1] - The golden cross occurs when a stock's 50-day simple moving average breaks above its 200-day moving average, indicating a potential bullish breakout [1][2] - WT has moved 27.7% higher over the last four weeks, suggesting it may be on the verge of a breakout [3] Group 2 - The company currently holds a 2 (Buy) rating on the Zacks Rank, indicating positive sentiment among analysts [3] - There have been two upward revisions in earnings estimates over the past two months, with no estimates going lower, further solidifying the bullish outlook for WT [3] - Investors are encouraged to consider adding WT to their watchlist due to the positive technical indicators and earnings estimate movements [5]

Core Viewpoint - Ionis Pharmaceuticals, Inc. (IONS) is showing potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend reversal [1][4]. Technical Analysis - A "golden cross" occurs when a short-term moving average, specifically the 50-day, crosses above a long-term moving average, such as the 200-day, suggesting a potential bullish breakout [2]. - The formation of a golden cross typically follows three stages: a downtrend that bottoms out, the crossover of moving averages, and an upward price movement [3]. Performance Metrics - IONS has experienced a rally of 24.2% over the past four weeks, indicating strong momentum [4]. - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting it may be positioned for further breakout potential [4]. Earnings Outlook - The earnings outlook for IONS is positive, with one upward revision in earnings estimates over the past 60 days, and the Zacks Consensus Estimate has also increased [4]. - Investors are encouraged to monitor IONS for potential gains, given its key technical levels and favorable earnings revisions [6].

UBS Group AG (UBS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, UBS's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typicall ...

PLTR Technical AnalysisPalantir looks like it’s going to be a little bit positive in pre-market trading, but I also recognize that we did see a really nasty candlestick at the end of last week, which we’re still stabilizing from, but we haven’t seen any real upward momentum. That does make me think that perhaps we have to be a little bit more patient to start buying Palantir, but clearly, the only direction you can be if you are in the market is bullish.SMCI Technical AnalysisSuper Micro Computer looks like ...

Core Viewpoint - Melco Resorts & Entertainment Limited (MLCO) is showing potential for a bullish breakout due to a recent "golden cross" in its moving averages, indicating a key level of support [1] Technical Analysis - MLCO's 50-day simple moving average has crossed above its 200-day simple moving average, forming a "golden cross," which is a bullish technical pattern [1] - A golden cross consists of three stages: a downtrend that bottoms out, a shorter moving average crossing above a longer moving average, and continued upward momentum [2] Performance Metrics - MLCO shares have increased by 29% over the past four weeks, indicating strong upward movement [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, suggesting it may be poised for further breakout [3] Earnings Outlook - There have been three upward revisions in earnings estimates for MLCO over the past 60 days, with no downward revisions, indicating a positive earnings outlook for the current quarter [3] - The Zacks Consensus Estimate for MLCO has also increased, reinforcing the bullish sentiment [3] Investment Consideration - Given the technical indicators and positive earnings revisions, MLCO should be considered for a watchlist by investors [5]

Group 1 - Affiliated Managers Group, Inc. (AMG) has reached an important support level and recently experienced a "golden cross," indicating a potential bullish trend [1][2] - A golden cross occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), suggesting a bullish breakout is likely [2][3] - Over the past four weeks, AMG's stock has gained 9.4%, and it currently holds a 1 (Strong Buy) rating on the Zacks Rank, indicating strong potential for further gains [4] Group 2 - The positive earnings outlook for AMG supports the bullish case, with no earnings estimates cut and five revisions higher in the past 60 days, leading to an increase in the Zacks Consensus Estimate [4][5] - Investors are encouraged to monitor AMG for potential gains due to the combination of positive technical indicators and favorable earnings revisions [5]

Technical Analysis - Lumentum Holdings Inc. (LITE) has reached a key level of support, indicating potential for upward movement [1] - A "golden cross" has occurred, with LITE's 50-day simple moving average crossing above its 200-day simple moving average, suggesting a bullish breakout may be on the horizon [1] - The golden cross pattern typically indicates stronger breakouts due to the involvement of longer time periods [1] Market Performance - LITE has experienced a rally of 31.1% over the past four weeks, indicating positive momentum [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting it could be poised for further breakout [3] Earnings Outlook - Positive earnings outlook for the current quarter supports the bullish case for LITE, with no earnings estimates decreasing in the past two months and eight revisions higher [3] - The Zacks Consensus Estimate for LITE has also increased, reinforcing the positive sentiment around the company's performance [3] Investment Consideration - Investors are encouraged to consider adding LITE to their watchlist due to the significant technical indicator and the positive movement in earnings estimates [5]

Group 1 - Taiwan Semiconductor Manufacturing Company Ltd. (TSM) has reached a key level of support, with its 50-day simple moving average crossing above its 200-day simple moving average, indicating a "golden cross" which can signify a potential bullish breakout [1] - A golden cross consists of three stages: a downtrend that bottoms out, a shorter moving average crossing above a longer moving average, and a subsequent upward price movement [2] - TSM has experienced a rally of 13.6% over the past four weeks, and currently holds a 3 (Hold) rating on the Zacks Rank, suggesting it could be poised for a breakout [3] Group 2 - The bullish outlook for TSM is reinforced by a positive earnings forecast for the current quarter, with two upward revisions in earnings estimates over the past 60 days, and an increase in the Zacks Consensus Estimate [3] - Investors are encouraged to consider adding TSM to their watchlist due to the significant technical indicator and the positive movement in earnings estimates [5]

Core Viewpoint - Grupo Televisa S.A. (TV) is identified as a potential stock pick due to a recent "golden cross" event, indicating a bullish trend from a technical perspective [1][4]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), signaling a bullish breakout [2]. - The successful formation of a golden cross involves three stages: the stock price bottoms out, the shorter moving average crosses above the longer one, and the stock maintains upward momentum [3]. Performance Metrics - Over the past four weeks, TV has experienced a gain of 20.1% [4]. - The stock currently holds a 2 (Buy) rating on the Zacks Rank, suggesting it may be poised for further breakout [4]. Earnings Outlook - The earnings outlook for TV is positive, with no earnings estimates cut and two revisions higher in the past 60 days [4]. - The Zacks Consensus Estimate for earnings has also increased, reinforcing the bullish sentiment [4][6].

ASML Holding N.V. (ASML) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ASML's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the 200 ...