Thursday, April 18, 2024

Amazon May Face an Uphill Struggle as 2022 Begins: Chart of the Day

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Believe it or not, Amazon.com is little changed since July 2020. Now it faces an uphill struggle as a new year begins. The first pattern...

Chart of the Day: Palantir Stabilizes Above Old Highs

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Palantir Technologies has advanced as investors embrace AI and non-government customers embrace its products. Is its current pullback offering an opportunity? The first pattern on...

Art of TradeStation: Candlesticks and Advanced Alerting

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https://www.youtube.com/watch?v=2kxIcJQD2Zk Candlesticks like hammers, dojis and shooting starts are popular among stock market traders because they can help anticipate changes in direction. TradeStation's platform can...
Stocks Try to Hold as Economy Remains Strong Despite Trade War

S&P Tests Support Dating Back to the Global Financial Crisis

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There is a famous quote on wall street that “The trend is your friend”. Regardless of the timeframe, technical traders can gain an edge...

Technical Analysis: Hotel Giant Could Be Attempting a Breakout

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Marriott has gone essentially nowhere since the pandemic began almost three years ago. But now the hotel giant could be getting ready to move. The...

Chart of the Day: Is Tesla Going into Reverse After a Sharp Rally?

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Tesla had a sharp rally in late March, but now there could be evidence of sellers taking the wheel. The first major pattern on today's...

Tesla Causes QQQ’s Worst Showing in a Generation: This Chart Shows the Dramatic Shift...

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The rotation away from large Nasdaq stocks like Tesla has intensified, resulting in the market's biggest divergence since the dotcom bubble broke a generation...

Here’s How to Be Ready the Next Time Stocks Pull Back

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Stocks just had one of their sharpest pullbacks of the year, creating opportunities for investors able to quickly discover opportunities. The screenshot below shows TradeStation's...

The Nasdaq-100 Rebounds After a Brutal January: What Does the Chart Say?

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The Nasdaq-100 has rebounded following a sharp drop. It's a good time to consider where things stand with the tech-heavy index. First, Wednesday's close represented...

Just How Bad Is the Mess Overseas?

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Just how bad is the mess overseas? Pretty bad and likely getting worse. Global stocks are lagging domestic small caps by their worst ratio since...
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