Monday, April 29, 2024

Stock Investors Could Gain Optimism as Fed Officials Eye Smaller Hikes

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Conditions may be improving in the stock market as investors prepare for a busy week before the homestretch of the year. The S&P 500 slid 0.7 percent between Friday, November 11, and Friday, November 18....

Technical Analysis: What If Apple Holds This Price Level?

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Megacap technology stocks like Apple have dragged on the market amid disruptions in China. But what if the iPhone giant manages to bounce? Could it give the bigger indexes a boost? The main pattern on...

Is Tesla Overvalued? Check Out These Stunning Comparisons to GM and Ford

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Tesla is one of the market's most active companies for stock and options traders. It could also look most expensive by various measures, but is it overvalued? This article will address the question by comparing Elon...

Stocks Hold Their Ground as a New Quarter Begins and Sentiment Improves

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Stocks could be trying to break out as improving sentiment draws buyers to new parts of the market. The S&P 500 slid 0.1 percent in the holiday-shortened period between Friday, March 31, and Thursday, April...

Blue Chips Break Out as Traders Pivot Before the Fed

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Blue chips are breaking out as investors pivot from growth stocks to value. The S&P 500 rose 0.7 percent between Friday, July 14, and Friday, July 21. The Dow Jones Industrial Average was the big...

Options Alert: Bearish Traders Could Be Sticking With Western Digital

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Western Digital tried to bounce after a big drop, but the bears don't seem to be going away. Check out this unusual options activity in the maker of data-storage products: A block of 7,500 October 36...

Stocks Pause at Key Area Before the Fed: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 tries to hold support above September highs Still at weekly resistance line Candlestick patterns: Bearish outside candle yesterday Inside week forming Nasdaq-100...

Another Record for Stocks in February on Earnings, Economic Growth

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Stocks just rose for the fourth straight month, powered by strong earnings and economic growth. The S&P 500 climbed 5.2 percent between December 31 and February 29. Two-thirds of the index's members advanced, along with...

Technical Analysis: Oil Giant Hasn’t Done This All Year

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Exxon Mobil has been drifting since the late spring along with other energy stocks. But now it’s trying to do something it hasn’t done all year. The main pattern on today’s chart is the 200-day...

Stocks Eye Key Resistance as the Fed Looks to Slow Interest Rate Hikes

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Stocks are eying key resistance as the market attempts its second straight positive month. The S&P 500 rose 1.5 percent in the holiday-shortened week between November 18 and November 25. The index is up...
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