Friday, May 17, 2024

Ethereum Builds Support Above $2,000 as Altcoins Gain Traction: Chart Study

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The crypto market just passed $2 trillion of market cap thanks to a broad rally in altcoins. Now the top altcoin, Ethereum, may be...

Chart Analysis: Can Anything Stop Alphabet After Its Last Earning Report?

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Most of the Nasdaq took a beating lately, but not Alphabet . The parent of Google and YouTube has been standing tall since its bullish...

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...

Advanced Micro Is Challenging a Trend Line: Chart of the Day

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Believe it or not, Advanced Micro Devices has been little changed for 10 months. But now the semiconductor stock may be getting ready to...
Netflix Hammered But 5G Hopes Boost Chips: Earnings This Week

Major Cryptocurrencies Form Hammer Pattern

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Summary Cybercriminals hack KuCoin Crypto ExchangeBitcoin (BTC) and Ethereum (ETH) continue to consolidate recent gains.Precious metals underperform major cryptocurrencies on a relative basis. Cybercriminals owned the...

The Dow’s Smallest Member Has Pulled Back to a Trend Line

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Travelers (TRV) doesn’t get much attention, but maybe it should. The insurance stock trended steadily upward since October. It made a new all-time high above...

Silver Attempts a Pre-Fed Breakout: Technical Analysis

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Silver has been dead money since the summer as the U.S. dollar ripped higher. But now it’s attempting a breakout -- despite next week’s...

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...

The S&P 500 Has Gone a Long Time Without Doing This. Will It Bring...

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Most investors know the stock market has enjoyed a powerful rally since mid-2020. But they may not realize it's nearing some historic milestones. The...

Bullish Triangles Across Reopening Stocks: Technical Analysis

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From Las Vegas Sands to Live Nation Entertainment and many other stocks, bullish triangles keep popping up in "reopening" plays. Notice how LVS clawed to...
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