Thursday, May 2, 2024

A Certain Chart Pattern Keeps Popping Up as Smaller Tech Stocks Come to Life

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Last year saw dramatic rallies in smaller technology stocks like Nio and Snap. This month, several of those same companies have the same potentially...

Is This Stock the Next Tesla or Nio? Check Out This Technical Analysis

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Electric cars have been one of the most explosive industry groups in recent memory, and now traders may have another name to focus on:...

Here’s How to Be Ready the Next Time Stocks Pull Back

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Stocks just had one of their sharpest pullbacks of the year, creating opportunities for investors able to quickly discover opportunities. The screenshot below shows TradeStation's...

Profits Could Jump How Much This Earnings Season?

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Earnings season begins today with Goldman Sachs and JPMorgan Chase. It could feature the strongest profit growth in half a generation. Analysts on average forecast...

Memory Chip Maker Holds Key Level as Market Rebounds: Chart of the Day

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This week was cut short by Independence Day. That makes it a good time to view Micron Technology (MU), which seems to have the...

This Retailer Keeps Reinventing Itself. Can you Guess July’s Mystery Stock?

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The last year has been the worst of times for traditional retailers, but also the best of times. That's especially true for a company...

Is Energy’s Long-Term Downtrend Resuming?

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Energy stocks have rallied since November, but signs of exhaustion could be appearing. The SPDR Energy ETF (XLE) fell more than 3 percent today and...

Amazon.com Could Be Preparing for a Breakout: Technical Analysis

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Amazon.com has consolidated since last August. Now it may be ready for a breakout, especially with the Nasdaq leading again. Friday’s close of $3,510.98 was...

Prices Have Been Rising. Here’s Why it Might Be Good for the Stock Market

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Spiking lumber prices had everyone scared of inflation earlier this year. But now the trend could be turning into a big positive for the...

Housing Stocks Could Be Trying To Turn: Chart of the Day

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Homebuilders have pulled back following a big rally. Now the chart could be lining up for another move to the upside. The Philadelphia Housing Index...
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