Saturday, May 18, 2024

Market Pulse: Equal Weighted Index Highlights Megacap Abandonment

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One of the most interesting things about the rally since early November is the broad participation by smaller companies, and the near-total abandonment of...

Facebook Crashes as Energy Soars: This Chart Shows the Massive Rotation Happening in the...

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Stocks have barely moved this week. You almost wouldn't guess how much drama is swirling beneath the surface. Major stocks like Facebook (FB), Amazon.com (AMZN)...
VIX Closes at Post-Covid Low as Investors Gain Confidence in Recovery

Volatility Closes at Post-Covid Low as Confidence Sweeps the Market

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The "fear index" just broke 20 for the first time in almost a year. It was one of several milestones suggesting the market sees...

The S&P 500’s Channel Is at Risk: Chart Study

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Two weeks ago, we highlighted some potential topping patterns on the S&P 500 . It's played out as expected, and now attention turns to...
Bitcoin Regains Trillion Dollar Status as ETF Hopes Keep Growing

Bitcoin Regains Trillion Dollar Status as the ETF Story Keeps Developing

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A Bitcoin ETF. It hasn't happened yet, but the story won't go away. Grayscale Investments announced yesterday it wants to hire nine employees with expertise...

Ethereum Shakes Off Bitcoin Crash as Investors Focus on Positives in July

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Cryptocurrencies fell last month as investors dumped Bitcoin. But now attention could be shifting to Ethereum as a greener alternative. The No. 2 digital asset...

Consumer Stocks Get a Boost from Amazon Prime Day, Plus Reopening and the Start...

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Amazon Prime Day set records again this month, and more companies than just Amazon.com could benefit. Sales were estimated at $11 billion, up from $10.4...

Is the S&P 500 Rolling Over? Check Out Today’s Technical Analysis

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The S&P 500 has climbed for seven straight months. But it may face some near-term challenges as September gets underway. The main pattern on today’s...

Big Fish ‘Hodling,’ Brazilian Interest, ETF In the Works? Why Bitcoin Jumped Today

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Bitcoin flew back above $55,000 today on renewed hopes of the digital asset becoming a mainstream store of value. No single event triggered the move....

Tesla and the VIX: Two Big Numbers Reached in Today’s Session

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Tesla and Cboe's volatility index -- the "fear gauge" -- closed at two important levels today. First, Elon Musk's electric-car maker ended the session at...
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