Saturday, December 9, 2023

Crude oil may be stabilizing before OPEC

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Disclosure: This post is intended for educational purposes and should not be considered a trade recommendation. Energy may be stabilizing, even as OPEC prepares to...
A Pattern With a Strong Track Record Is About to Appear

A Pattern With a Strong Track Record Is About to Appear

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One of the most popular chart patterns is about to take place on the most important index. We're talking about a "golden cross" on the...
Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

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Coronavirus has caused a lot of fear in the market, and it comes at an especially bad time for the energy sector. Crude oil already...
Another 'Golden Cross' Is Coming This Week

Another ‘Golden Cross’ May Be Coming Soon

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April began with a "golden cross" in the S&P 500. Early May could see a similar pattern in the Russell 2000. In case you don't...

Not All Tech Stocks Are Down This Quarter

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Most people know technology and communications stocks are having a rough quarter. But not every stock is going down. Twitter (TWTR) rose 21 percent between...

Some Key Funds May Be on the Precipice

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Volatility's on the rise this month, and three popular ETFs are trying to hang on. The Market Vectors Semiconductor ETF (SMH), S&P SPDR Financial ETF...

Deja Vu for the Bulls? These Two S&P 500 Charts Look Very Similar

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The S&P 500 flew to new highs last week, and its technical patterns strongly resemble an earlier breakout. First, consider this TradeStation chart study of...
Stocks Crashed Yesterday. How Serious Is It?

Stocks Fell Yesterday. How Serious Is It?

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Stocks just had their sharpest drop in a couple of months. What should we make of it? The first thing that jumps out on the...

Indexes Are Fighting at a Key Level

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Stocks ripped hard to start the year, but now comes the hard work. The S&P 500 is back to a potentially key price area between...

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...
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