Thursday, March 28, 2024

Chart of the Day: Caterpillar Could Be Holding an Uptrend

0
Caterpillar broke out to new highs a month ago, and now some traders may think an uptrend is in place. The first pattern on today’s chart is the close on January 25. It was slightly...

1995 All Over Again? How Today’s Market Compares With History

0
The past year has seen dramatic changes in investor expectations. We started worrying about inflation, survived a banking crisis and witnessed a tech boom in AI stocks. Another interest-rate panic followed in late summer,...

Nvidia’s AI Surge Lifts Stocks as Market Breadth Widens

0
Nvidia and the AI boom keep driving stocks to new highs. Still, a long-awaited shift toward smaller companies may be starting. The S&P 500 rose 1.7 percent in the holiday-shortened week between Friday, February 16,...

Range Could Be Forming After Big Events: Market Trends This Week

0
Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 Index is potentially forming range between 4918 and 5030 Rising trend line potentially broken Shooting star on 2/12 may signal a...

Stocks Pause as Earnings Pass and Inflation Rises

0
Stocks just paused as a blistering earnings season nears its conclusion. The S&P 500 slid 0.4 percent between Friday, February 2, and Friday, February 9. It was only the second decline in the last 16...

Chart of the Day: Will Goldman Sachs Get Going?

0
Goldman Sachs has gone nowhere for two months, but some traders may look for that to change. The first pattern on today’s chart is the $374 level. It was a weekly closing price from January...

S&P 500 Holds Channel, Reclaims 5,000: Market Trends This Week

0
Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 Index holds recent channel, weekly low from 2/5 Wilder's RSI remains near overbought Prices hold rising 10-day MA Index rose in 14...

Stocks Cross Historic Level on Strong Earnings, Economic Data

0
Stocks continue their advance into record territory as earnings beat estimates and recession fears melt away. The S&P 500 rose 1.4 percent between Friday, February 2, and Friday, February 9. It was the 14th gain...

S&P 500 in Tight Channel Near 5,000: Market Trends This Week

0
Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 Index forming potential ascending channel since mid-January. Making higher lows above previous peak from 2022 Wilder's Relative Strength Index (RSI) reflects...

Microsoft and Toyota Break Out as Apple and Tesla Stall

0
Apple and Tesla have been two of the best performing large stocks for years. But now they may be falling behind two major rivals: Microsoft and Toyota Motor. The charts below demonstrate how AAPL and...
- Advertisement -
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform

MUST READ