Tuesday, April 23, 2024
Bull in ring

Bulls Regain Footing Above Key Level

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Stocks rebounded last week as the bulls regained their footing at a key level. The S&P 500 rose 1.2 percent between Friday, September 7, and Friday, September 14. It was the biggest weekly gain in...

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 its new CEO, coffee warrior David Hoffman. His leadership has...

Some Potentially Bullish Chart Patterns, Sept. 14

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With volatility so low, it can be hard to find movement in the big indexes. So today we'll look at some individual stocks with potential opportunities. We found these using methods and tools highlighted in...

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 washed up on the beach. Take a look at Alphabet (GOOGL)....

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 its high. It's a classic reversal pattern that may signal...

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 that different parts of the market can confirm each other....

Big Tech Slammed Again As Rotation Continues

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As the saying goes, the bigger they are, the harder they fall. That seems to be the case in technology stocks this week as large-cap members of the big indexes get hammered while other parts...

This Is Why Options Traders Need to Know Gamma

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The ancient Greeks were pretty smart. They gave us the Olympics, philosophy and medicine. But my favorite invention of theirs right now is Gamma. In case you haven't been following our Greek of the Week...

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 Vectors Semiconductor ETF (SMH) is challenging an old peak from...

Big Caps on the Move: Scanning for Breakouts in the Dow

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It's pretty quiet today as stocks drift aimlessly before Labor Day. Dog days of summer? More like the sloth days ... Still, some members of the Dow Jones Industrial Average are melting to new highs...
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