Best Stocks, Cryptocurrency, and ETFs to Watch — Amazon, IBM, Tesla, and Bitcoin in the Spotlight
A meltdown might be devastating for rookie traders who have let ideology trump risk management.
Amazon.com Inc. (AMZN)
At the conclusion of Friday’s session, Amazon.com Inc. (AMZN) slid to support at the September 2020 and March 2021 lows, boosting the prospect of a breakdown from the 18-month topping pattern. It’s common for equities to bounce at least once at a crucial support level, but Netflix Inc. (NFLX) defied expectations on Friday, ripping through 475. Of all, with the S&P Volatility Index approaching 30, nearly anything is conceivable right now.
International Business Machines Corp. (IBM)
After Monday’s closing bell, International Business Machines Corp. (IBM) will release Q4 2021 earnings, with analysts expecting a profit of $3.29 per share on $15.96 billion in revenue. The November spin-off of Kyndryl Holdings Inc. (KD) may distort the results, requiring analysts to hunt for signs regarding the new slimmed-down operation’s growth potential. Earlier this month, IBM failed to break a 9-year downturn, but the new cloud-focused computer behemoth might overcome the odds and launch a new upswing.
