Thursday, May 16, 2024

Small Caps Are Outperforming Again: Technical Analysis

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QQQ vs IWM? In some ways, it’s the big debate of 2021. Will traders stick with megacap growth stocks, or ride fast-moving small caps...

Technical Analysis: Wall Street Giant Attempts a Breakout

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Goldman Sachs hit a new high late in the summer. Now after a healthy pullback, it may be ready to keep moving. The first pattern...

DR Horton Is Bouncing After a Pullback

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Homebuilders have struggled lately as interest rates rose, but the longer-term prospects remain favorable. Today’s chart considers the pullback in DR Horton, the biggest...

American Tower: Old Resistance, New Support at Key Line?

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American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector. It’s been in a long-term uptrend thanks to...

Most Recent Technology IPOs Have Struggled, But This Stock Is Breaking Out

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Most high-profile tech IPOs from the past year have struggled – but not Roblox. The maker of virtual-reality software ended last week at a new...

Technical Analysis: Energy ETF Is Pushing Highs

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Energy stocks have been consolidating as major companies report earnings. Now they could be back in focus with inflation still rising and the economy...

Another Healthy Pullback in Energy ETF?

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Energy is the strongest sector this year, but is down in the last month. Is it time to buy the pullback? This chart of the...

Chart of the Day: Tight Consolidation, Golden Cross in Top Solar Stock

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Solar energy has been one of a few bright spots in this bearish market. Today we’re looking at the company in the group with...

Technical Analysis: This LNG Tanker Stock Is Squeezing. Will a Breakout Follow?

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Natural gas tanker stock Cheniere Energy has steadily trended higher for more than a year, but it’s effectively gone nowhere for three months. Now...

Technical Analysis: Airbnb Could Be Planning a Trip North as ‘Golden Cross’ Looms

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Like millions of Americans, Airbnb has been cooped up for a long time. But now the room-sharing stock could be planning a trip north. The...
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