Saturday, April 20, 2024

Some Potentially Bullish Chart Patterns, Sept. 14

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With volatility so low, it can be hard to find movement in the big indexes. So today we'll look at some individual stocks with potential opportunities. We found these using methods and tools highlighted in...

Can This Tech Giant Hold Support?

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Big Tech has seen its share of volatility in the last week. Now as the waves of panic recede, a value opportunity may have washed up on the beach. Take a look at Alphabet (GOOGL)....

Suddenly, Bulls Return to Global Markets

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After months of pain, global stocks and assets are trying to rebound. The last two sessions have brought a sudden flow of positive news. So far, it seems to be shifting sentiment away from trade...

Someone’s Digging for Gold in the Options Market

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Precious metals are bouncing today, and someone's trying to leverage the move with options. Approximately 27,000 October 11 calls were purchased this morning in Goldcorp (GG). The initial blocks fetched $0.15, before the demand lifted...

Check Out This Stunning Divergence in Tech

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Software versus semiconductors. It's a major split running down the middle of the technology sector. The chart below compares the performance between the iShares North American Software ETF (IGV) and the Market Vectors Semiconductor ETC...

Why Yesterday Might Have Been a Big Day

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Something interesting happened yesterday: a bullish engulfing candle on the S&P 500. That means the index opened below the previous session's low and closed above its high. It's a classic reversal pattern that may signal...

Can Anything Stop This Rampaging Tech Stock?

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This year has seen plenty of gains in technology, but nothing compares with the monster rally in a once-forgotten chip stock. Advanced Micro Devices (AMD) has already doubled in the third quarter and has appreciated 190...

Here Come the iPhones

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The planet's most valuable company is back in focus as the world holds its breath for the newest iPhones. Apple (AAPL) CEO Tim Cook will take the stage at the Steve Jobs Theater in in...

Insurers Tremble with Florence on the Move

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Hurricane season has begun, and insurers are trembling. Florence is expected to hit the Carolinas on Friday. It's already a category 4 hurricane, which makes it unusually powerful for a storm moving that far north. Property...

Guess What Index Just Broke Out

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Over a century ago, Charles Dow said it's bullish when transportation stocks hit new highs. That's exactly what they're doing today. So-called "Dow Theory" teaches that different parts of the market can confirm each other....
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