Wednesday, June 7, 2023

Chart of the Day: Carnival Pushes a Key Level

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Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher. The first pattern on...

Are Buyers Pivoting Away From Tech as Stocks Break Out?

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Investors may be pivoting to old-economy stocks as a new month begins and the market continues higher. The S&P 500 rose 1.8 percent in the...

Chart of the Day: Carnival Pushes a Key Level

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Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher. The first pattern on...

Attention Fed Watchers: 4 Reasons Why April’s Inflation Report Could Be...

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Consumer prices rose 4.9 percent in April, which could be good news for investors worried about inflation and the Federal Reserve. The reading was below...

Chart of the Day: Carnival Pushes a Key Level

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Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher. The first pattern on...

Chart of the Day: Micron Pulls Back After Breaking Out

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Semiconductor stocks have been moving lately. Today’s chart focuses on memory-chip producer Micron Technology. The first pattern to consider is the level around $64.30. MU...

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