Thursday, April 25, 2024

A look behind Monday’s wild ride

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"Lows are never made on Friday." That old trader's rule of thumb seems truer than ever now. The basic idea is that when a week...
Inverted Head & Shoulders Appearing Across the Market

Inverted Heads & Shoulders Appearing Across the Market

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A potentially bullish reversal pattern is appearing across the market: inverted heads and shoulders. This chart formation involves two higher lows on either side of...

Gold Miners Seem to Struggle as Fear Bubble Deflates

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Gold miners rallied hard over the summer, but now face a potentially big test. The Market Vectors Gold Miners ETF (GDX) rose more than 50...
Guess What Chart Just Had a 'Golden Cross'

Guess What Chart Just Had a ‘Golden Cross’

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A potentially bullish signal has appeared in gold as the market anticipates dovish policy from the Federal Reserve. The 50-day moving average on gold futures...
Naysayers Hapless as Worst-Case Scenarios Prove Elusive

The Mood in Growth Stocks Seems to Brighten

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After months of negativity, sentiment may be brightening in technology stocks and the Nasdaq-100. As covered on Market Insights, these "growth" oriented parts of the...

Can Indexes Hold After Buyers Defend Key Levels?

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Stocks fell yesterday, but it almost felt like a bullish day when you consider how much worse it could have been. The S&P 500, Nasdaq-100...
Bull in ring

Bullish Chart Patterns Across Big Pharma

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Everyone's been focused on the selloff in tech, but something more bullish may be happening in a forgotten corner of the market. Large pharmaceutical companies...

Cup and Handle in the QQQs?

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Several high-profile technology stocks seem to be forming a classic bullish pattern.

Traders, Key an Eye on Small Caps

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It's a busy week for earnings and economic news. But, don't forget about one the year's strongest areas in the market. We're talking about small-cap...

Markets seem to be climbing a wall of worry

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This article is not a recommendation and is intended for educational purposes only. "Stocks climb a wall of worry." Most of us have heard the...
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