Friday, April 19, 2024

Chart of the Day: Is This Chip Stock Rolling Over?

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Advanced Micro Devices has bounced sharply from its early-July lows, but some patterns could be pointing lower for the chip stock. The first pattern on...

Taper Tantrum? High Multiple Growth Stocks Take a Hit Before the Big Fed Meeting

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High-multiple growth names crumbled again yesterday as investors brace for tighter monetary policy from the Federal Reserve. Using TradeStation's extensive library of fundamental and technical...

February Ends on a Bearish Note as Inflation Fears Mount. Twitter and Snap Jumped

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February started strong but ended on a bearish note as investors worried about rising inflation. The S&P 500 went almost straight up in the first...
Amazon, Tesla and Netflix Lead 4th of July Breakouts in Technology Sector

Tesla, Netflix and These Other Tech Stocks Broke Out Yesterday

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Tesla, Netflix and Amazon.com are leading a breakout in the technology sector as investors prepare for the Fourth of July weekend. The e-commerce giant, electric-car...

Chart of the Day: Is This Semiconductor Stock Rolling Over?

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Nvidia had a sharp countertrend rally two weeks ago, but now the chip giant may be rolling over. Prices jumped over $183 on May 27....
Stocks Are Snoozing as the Dog Days of Summer Begin

Stocks Are Snoozing as the Dog Days of Summer Begin

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Stocks drifted higher last week as investors nibbled on lagging sectors. Still, activity is slowing as the summer lull begins. The S&P 500 rose 0.6...

Media Giant May Be Attempting a Bull-Flag Breakout: Chart Study

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Comcast has pulled back after making a new high last month, and now it could be turning upward again. The media giant battled against a...

3 Reasons Why Stocks May Be on the Verge of a Breakout

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Stocks climbed again last week as investors kept piling into the technology sector. Is a breakout coming next? The S&P 500 rose 1.8 percent between...

Unusual Options Activity Targets Breakout When Citi Reports Earnings

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Banking giant Citi reports earnings in two weeks, and one big investor is looking for a breakout. Unusual options activity was detected in the April...
Santa Comes Early for Investors as FANG Stages Late Year Comeback

Santa Comes Early for Investors as FANG Stages Late Year Comeback

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Santa came early this year, giving stock investors their tenth positive week in the last 11. High-profile technology stocks led the charge. The S&P 500...
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