Some investors may have been spooked by a new Harris poll published this week that found 84% of Americans plan to cut back on their spending in response to higher gasoline prices.
A drop in consumer spending could be bad news for the SPDR S&P 500 ETF Trust ( $SPDR S&P 500 ETF (SPY.US)$), but Bank of America economist Ethan Harris said Thursday that the poll results may not be as bad for the market as they seem at first glance.
Harris said there's no d...

$Bionano Genomics (BNGO.US)$ Let's charge

$NVIDIA (NVDA.US)$ climbed $32.03 Thursday on Wells Fargo's upbeat assissment to close at $298.01. The stock also set a new intraday 52-week high of $313.65.
Facebook's rebranded last week as Meta as it looks to build out the virtual universe and further incorporate virtual and augmented reality with social media. It's plans to increase capital spending including data centers, servers and network infrastructure, potentially benefiting NVDA. $Meta Platforms (FB.US)$ is forming a metaverse, which is likely going to require more microchips.
NVIDIA Omniverse is also a key enabler/platform for the development of the Metaverse across a wide range of vertical apps—industrial, manufacturing, design & engineering and autonomous vehicles/robotics.
Nvidia has been the biggest winner in the chips space this year. The stock is up 102% in 2021
The metaverse is not a new concept, but it is one gaining traction with a wider audience.
Do you think the concept is worthy to invest in? What else "Metaverse Stocks" you're keeping eye on?
Source:
Why Nvidia Could Be Helped By Meta Platforms Building The Metaverse
Nvidia Analyst Hikes Price Target By 30% On $10B Opportunity Presented By The Metaverse

A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price.
Here is a look at Fintel's top five short squeeze candidates for the week of Nov. 1.
$Biora Therapeutics (PROG.US)$ $Bit Digital (BTBT.US)$ $WiMi Hologram Cloud (WIMI.US)$ $Protagonist Therapeutics (PTGX.US)$ $AerSale (ASLE.US)$
Let's look for the next $GameStop (GME.US)$ or $AMC Entertainment (AMC.US)$.

Hello mooers:
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
Performance Tracking of Previous Column (10/08)
There are 4 out of 10 selected stocks that followed the suggested movement provided by the RSI indicator.
Apparently, there is no negative indicator that can predict the price drop of Tesla. The share price of the company rose to a new high in expectation of the company posting surprising earnings.
Two stocks have rebounded over 5% among the oversold list: REGN and CCI.
OverBought
$Tesla (TSLA.US)$
$Brown & Brown (BRO.US)$
$Northrop Grumman (NOC.US)$
$SVB Financial (SIVB.US)$
$C.H. Robinson Worldwide (CHRW.US)$
$Biogen (BIIB.US)$
$Monster Beverage (MNST.US)$
$IBM Corp (IBM.US)$
$Align Technology (ALGN.US)$
$Crown Castle (CCI.US)$
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators