Thursday, May 2, 2024

Stocks Break Out as AI Boom Fuels Tech Rally

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Stocks are breaking out to new highs as the Artificial Intelligence boom widens. The S&P 500 rose 1.2 percent in the holiday-shortened week between Friday, January 12, and Friday, January 19. The index closed at...

Chart of the Day: Can Intel Keep Running?

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Intel has been rallying on hopes of a turnaround, and some chart watchers may see potential for more upside. The first pattern on today’s chart is the series of lower highs since December 27. The...

Stocks in Channel Near Old Highs: 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 holds tight range 1.6% from record high Friday's last price was the index's highest weekly close ever Holds 21-day EMA,...

Stocks Set Another Record as Rates Fall and Earnings Begin

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Stocks are nearing record highs as earning season begins. The S&P 500 rose 1.8 percent between Friday, January 5, and Friday, January 12. The index managed to hold a support level from mid-December and...

History Was Made This Week as Bitcoin ETFs Went Live

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Bitcoin has existed as a digital asset for 15 years. This week, it took a big step toward mainstream finance when the first exchange-traded products launched in the United States. The U.S. Securities and Exchange...

Stocks Near Record Levels as Earnings Begin: 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 holds December 20 low, ended Wednesday 1% from record high 1/5 low near 50% retracement of December rally Failure to...

Stocks Pause Near Record Highs Before Inflation, Earnings

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Stocks are pulling back as traders wait for key inflation data and the start of earnings season. The S&P 500 fell 1.5 percent in the holiday-shortened period between Friday, December 29, and Friday, January 5....

Tech, Housing, Inflation: Stock Market Trends To Watch in the New Year

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The New Year begins with increased confidence that inflation and interest rates have peaked. What will that mean for the market? Here are some potential outcomes based on recent trends. New Growth Stocks May Go...

Strategies for Managing Risk With Options

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Options can be risky because they're complex and typically expire worthless. However they can also help investors limit risk when used correctly. This post will consider four strategies that can reduce losses and enhance gains...

What Is Event Risk? Why Does It Matter? How Can it Be Managed?

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Investors face several kinds of risk in the stock market. Today we'll consider one of the most common: event risk. While some events are unexpected, many are known. Stocks often move around certain occurrences, like...
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