Wednesday, May 1, 2024

Oil Holds Its Ground Despite Bearish News

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Something weird is happening in crude oil: It's not going down on bad news. Last night the American Petroleum Institute reported energy stockpiles rose by...

High Flying Coffee Stock on Pullback Watch

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I like coffee. I drink a lot... every day. What if you “Want Great Coffee Fast?” That's the mantra implemented at Dunkin’ Brands (DNKN) by...

Can This Tech Giant Hold Support?

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Big Tech has seen its share of volatility in the last week. Now as the waves of panic recede, a value opportunity may have...

Why Yesterday Might Have Been a Big Day

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Something interesting happened yesterday: a bullish engulfing candle on the S&P 500. That means the index opened below the previous session's low and closed above...

Guess What Index Just Broke Out

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Over a century ago, Charles Dow said it's bullish when transportation stocks hit new highs. That's exactly what they're doing today. So-called "Dow Theory" teaches...

Traders, Keep an Eye on Chip Stocks

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Semiconductors have been a weak spot in technology for most of the year. But now the group may be trying to break out. The Market...

Horseshoes and Hand Grenades: Levels on the S&P 500

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Ever heard the saying that "close only counts in horseshoes and hand grenades?" It means coming close to a goal isn't good enough for...

Volatility and the Dog Days of Summer

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Earlier today, we highlighted the spreading risk of global debt and currency problems. But what does it mean for the chart most of us really...

Vix under Siege as S&P 500 Fills January Gap

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The S&P 500 hit its highest level since late-January as the index fills a "bearish gap." Remember, gaps are patterns on candle-stick charts that show...

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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