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Stocks
Have Biotechs Broken Their Downtrend?

Have Biotechs Broken Their Downtrend?

Biotechnology stocks have struggled this year along with the broader health-care sector, but some traders may think a bullish turn has begun.

Chart of the Day: Potential Uptrend in Newmont

Chart of the Day: Potential Uptrend in Newmont

Newmont has been climbing this year, and some traders may see further upside in the S&P 500’s only pure-play gold miner. The first pattern on today’s chart is the pullback since mid-April. The lower low, lower high and second lower low may be viewed as ...  ...

What’s Performing as Megacaps Lag?

What’s Performing as Megacaps Lag?

Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 5/12. Sizing Up the Market S&P 500 consolidates in April 2 range of 5571-5695 Price remains above 10-, 50-day moving average...