Todd Gordon

New York, Saratoga Springs

Contributor at CNBC

Founder - https://t.co/uiiiDZXf8W and https://t.co/MPH2SsWU14. 10-year CNBC contributor. Active stock and option portfolio management.

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Articles

This e-commerce stock has formed an inverse 'head-and-shoulder' pattern

1 day ago | cnbc.com | Todd Gordon

Shopify is the one-stop shop to help small- and medium-size businesses transact online. There was an explosion in new online business formations during Covid, and the number of new monthly business applications has maintained. However, the company is starting to diversify by onboarding larger brands such as Reebok, Overstock and Barnes & Noble, which will stabilize revenue streams. We just added SHOP to our Active Opportunities portfolio on Monday and see upside ahead.
This cloud stock could break above a 3-year resistance level, charts show

1 week ago | cnbc.com | Todd Gordon

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Charts point to a bullish set-up on Apple ahead of earnings

2 weeks ago | cnbc.com | Todd Gordon

We're in the heart of earnings season here with some of the biggest tech names set to report this week. The biggest name set to report earnings this week — Apple — has a few factors working I believe justifies playing the stock on the upside. First we'll hit the technicals and next we'll look at the fundamentals. To start, let's examine the decade-long weekly chart for AAPL .
How to know when it's safe to start buying growth stocks again, according to the charts

3 weeks ago | cnbc.com | Todd Gordon

The market environment was already rattled by wide-reaching tariffs and escalating trade tensions. Now President Donald Trump is turning up the volume on calls for Fed Chair Powell's termination and the whole concept of Federal Reserve autonomy leaving investors very unsure of how to move forward. With Fed Fund futures markets showing the Fed is not likely to act until the June meeting, we have Q1 earnings to focus on.
Using the charts to trade this under-the-radar sports analytics stock

4 weeks ago | cnbc.com | Todd Gordon

Sportradar is a company I came across when doing a scan for the best fundamental and technical stock setups in this highly indecisive tariff headline-driven market. I was not aware of this company until this week, but I put this name to work in my Active Opps portfolio at Inside Edge Capital as soon as I submitted this column to CNBC.
Buy-the-dip candidate: Charts suggest this tech stock is poised to rebound

1 month ago | cnbc.com | Todd Gordon

The overall equity market reversed sharply higher from the lows of April 7. It's impossible to tell at this point if these lows are sustainable as there are so many macro, technical, fundamental, and political factors all at work. However, everything considered, I think there are slightly better odds that the lows are in and I want to start putting some dry powder to work in only the very strongest names. I want to start dipping a toe, but maintain some protection.
Chip stocks are poised to fall further, according to the charts

1 month ago | cnbc.com | Todd Gordon

Fear and uncertainty seem to be the driving forces in these markets leaving many investors unsure of how to move forward. As I write this, we're looking at a hefty amount of incoming information that could cause even more uncertainty with April 2's tariff announcements, state elections that could be an early referendum on Trump's approval ahead of midterms, and numerous reports of increased inflation expectations and increased probability of a recession.
More gains are ahead for this defense stock, according to the charts

1 month ago | cnbc.com | Todd Gordon

Howmet Aerospace is a well-positioned industrial company within the aerospace & defense industry pressing all-time highs, despite the February- March volatility storm. HWM, formerly part of Alcoa, was focused on the oil & gas industry until a rebrand in 2020 when they re-focused on primarily aerospace, defense and commercial transportation markets.
3 technical indicators to watch as stocks try to find a bottom

1 month ago | cnbc.com | Todd Gordon

The S & P 500 is attempting to rebound from the lows set Thursday. It's still too early to tell if this low will hold and a new rally was born. To help answer this question, let's open the proverbial market hood to examine three internal gauges of the market engine. We'll refer to these simply as "market internals." I'll try to explain some of these more in-depth metrics more clearly than a mechanic would explain to us how our car engine is going to be fixed and how long it might last.
Trading Palantir as stock market sells off, according to the charts

2 months ago | cnbc.com | Todd Gordon

Just before I left for vacation, I wrote about a possible hedge strategy in the S & P 500 against resistance levels. Since then , the S & P 500 is about 8% lower and we are carrying the hedge. From a technical point of view, I'm watching a possible support zone in the S & P 500 ranging from 5,675-5,400 as we trade right in the middle of that zone — around 5,540. So, we're possibly in the support zone confirmed by diverging market internals that suggests we've reached oversold status.