Monday, May 6, 2024

Junior Nasdaq Beating QQQ Again as Low Volatility Draws Risk Takers Away From Apple

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Big-cap technology stocks like Apple are lagging again, even as investors start buying smaller companies on the Nasdaq. The chart below compares the Invesco Nasdaq Next Gen ETF (QQQJ) with the Invesco QQQ (QQQ). It...

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 as the economy reopens? Or will they simply rotate between...
3-D Printing Stocks Like DDD Are Flying as Demand Surges

Forget About Bitcoin and Tesla. This Forgotten Corner of Technology Is Crushing Both

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3-D printing stocks are flying as investors see huge growth for a revolutionary new segment of the technology space. 3D Systems (DDD), Stratasys (SSYS), ExOne (XONE) and Voxeljet (VJET) have more than doubled so far...

Will the Fed Taper? It May All Come Down to Jobs

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The Federal Reserve could take a key step toward a pre-Covid reality at their meeting today. However, implementing the change will probably depend on the job market in coming months. The central bank has been...

This Currency May Be Getting Ready to Jump as the Greenback Weakens: Technical Analysis

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The Australian dollar has squeezed into an increasingly tight range all year. Futures traders may want to be ready in case a breakout occurs. First, Bollinger Bandwidth is near long-term lows on both the daily...

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 ago. Here's a weekly chart of the Invesco QQQ Trust (QQQ)....

Nio, Tesla Made November ‘Electric Car Month’ at TradeStation

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November was "electric car month" at TradeStation as investors piled into stocks like Nio, Tesla and Xpeng. The surge of activity on our platform followed a rising trend of "ESG" strategies, focused on "environmental, social...

Survey: Bears Are Now Officially on the Run

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Each week we check the American Association of Individual Investors sentiment survey. This week, only 22.7 percent of respondents were "bearish." It was the lowest negative reading since January 2. It's also noteworthy that CNN's...

Bitcoin Popularity Explodes as ETF Launches and Investors Shed U.S. Treasury Bonds

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Bitcoin's popularity is surging as a long-awaited exchange-traded fund launches. Preliminary analysis from Google Trends showed Bitcoin's popularity jumping to its highest level in at least five years. It even eclipsed the previous peak from...
Stocks Begin New Year on Strong Foot as Global Recovery Takes Hold

Stocks Begin New Year on Strong Foot as Global Recovery Takes Hold

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Stocks begin 2021 on a strong note as investors look for the global recovery to accelerate and prepare for a busy month of news and events. The S&P 500 rose 1.4 percent in the holiday-shortened...
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