Wednesday, May 1, 2024

Technical Analysis: Merck Could Be Breaking Out

0
Merck surged in late 2022 and consolidated during the first quarter. Now the drug maker could be breaking out. The first pattern on today’s chart is the rally between mid-October and early January, which included...

In search of millennial melt-ups: Sprint

0
Last week we reviewed a couple of "millennial melt-up" stocks. We're continuing today with a name many younger adults likely know well: Sprint (S). Remember, the goal is to find stocks trading for less than...

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

0
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) and Apple (AAPL) have drifted sideways or lower. Meanwhile former...
Bitcoin Breaks Out With More Stimulus Expected from the Federal Reserve

Bitcoin Breaks Out as Market Prepares for More Easy Money from the Federal Reserve

0
Bitcoin broke above $20,000 today for the first time ever, hours before the Federal Reserve readies another dose of monetary stimulus for a struggling economy. TradeStation data shows prices crossing that key line at 8:43...
Intel Rallies After Hiring Pat Gelsinger as a CEO, Looking for Turnaround

Chipmaker Industry Group Sees Another Strong Year in 2021

0
Semiconductors have been one of the strongest groups this year. Now a trade group sees more gains in 2021. The Semiconductor Industry Association (SIA) yesterday said worldwide chip sales will increase 8.4 percent in 2021...

Technical Analysis: Coffee Giant Breaks Out, Then Pulls Back

0
Restaurant stocks had a big surge last month thanks to Chipotle Mexican Grill's (CMG) monster quarter. Starbucks (SBUX) went along for the ride and has now pulled back. The main thing on today’s chart is...

E-Commerce Giant Struggles After Bearish Price Gap: Chart of the Day

0
Amazon.com rallied into its last earnings report, and crashed on a very weak outlook. Now traders may need to mind the price gap that resulted. So far, AMZN hasn't even tried to fill that chasm,...

Lower Inflation Keeps Bulls in the Driver’s Seat as Earnings Begin

0
Stocks keep rising as lower inflation spurs hope the Federal Reserve is almost done hiking interest rates. The S&P 500 rose 2.4 between Friday, July 7, and Friday, July 14. The index touched its highest...

Suddenly Lots of Stocks Are Hitting New Highs

0
More stocks are showing signs of a breakout as the Federal Reserve meets and the S&P 500 jumps above last summer's peak. Forty-three members of the S&P 500 made new 52-week highs on Tuesday, according...
The Anatomy of a Selloff: Just How Bad Is It?

Diagnosing the Coronavirus Selloff: Just How Bad Is It?

0
Editor's note: This article was originally published on February 25, 2020. Stocks continued their selloff on Tuesday as coronavirus spreads around the world. Here are some facts on what it means for your money. First, this...
- Advertisement -
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform

MUST READ