Saturday, May 18, 2024

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...

Technical Analysis: Will Tesla Shares Drive Higher?

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Tesla more than doubled between January and mid-February. It retraced almost half that move last month and is now trying to bounce. Will the...

Chart of the Day: Alphabet Pulls Back After Earnings Rally

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Alphabet jumped to a new 52-week high on strong results last week. Now it may be giving trend followers a potential opportunity. The first pattern...

Chart of the Day: Are Chips Losing Their Edge to Software Stocks?

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Semiconductor stocks have surged this year, thanks in large part to Nvidia. But they could be losing relative strength to software makers within the...

Chart of the Day: Gold is Pushing $2,000

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Gold has consolidated for more than two years, and now it may be inching toward a breakout. The first pattern on today’s weekly chart is...

Chart of the Day: Tight Price Action in Microsoft

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Microsoft has paused this month as the Nasdaq-100 climbs to new highs. However, some chart watchers could look for the software giant to come...

Chart of the Day: Does ARK Innovation Have Downside Risk?

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The ARK Innovation ETF has chopped in a range for the last two years, and some traders may expect a push back to longer-term...

Social giant sneaks to new high

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Something important happened last Thursday, and few people seemed to notice. Facebook (FB) hit a new 52-week high above its February peak of $195.32. The...

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...

Crude oil may be stabilizing before OPEC

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Disclosure: This post is intended for educational purposes and should not be considered a trade recommendation. Energy may be stabilizing, even as OPEC prepares to...
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