The technical picture for $Alibaba (BABA.US)$ has been looking better this year than it has looked the 2 years prior.
The breakout to the upside of this candlestick wedge formation looks bullish for the mid-term picture.
There are a couple of strong resistance levels where the price action might find some friction or some sellers stepping in. These resistance levels reside at the previous local highs in price from earlier this year.
If the price does climb above these pre...

A couple of years ago, PayPal was all the hype. Today, the stock is down 75% from its all-time high. Once a growth stock, PayPal is now moving towards value stock territory. The big question here is this. Is PayPal worth buying right now? Is it a bargain or is it a value trap?
PayPal's business model is based on the volume of transactions. The more transactions, the more fees the company gets. In 2022, users, transactions and payment volume on PayP...

Looking Back, AAPL Is A Clear Winner
Having said the above, I can also understand and support the case for bypassing banks altogether amid all the turmoil and sticking with a stock like Apple. History clearly supports this strategy.
I ran a backtest that goes back all the way to 2005. In it, I simulated a long-short portfolio: 100% exposure to AAPL, -100% (negative) exposure to KBE rebalanced monthly. With this approach, one is effectively betting that Ap...