Monday, May 6, 2024

DraftKings Could Be Attempting a Breakout as Sports Betting Spreads: Technical Analysis

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On bearish days like we’ve had lately, it can be useful to look for stocks lurking near highs because they often break out when...

Industrial Stocks Are Breaking Out as the Economy Roars Back from Coronavirus

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Industrial stocks are breaking out as the strengthening economy draws capital away from large technology stocks like Apple and Amazon.com. The SPDR Industrial ETF (XLI)...

Cloud-Computing vs Crude Oil: Lessons in a Dramatic Chart

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One of the biggest events in the history of the Dow Jones Industrial Average happened last August when Salesforce.com replaced Exxon Mobil as an...

Tech Stocks Break the Downtrend Despite a Hawkish Fed. Are the Bears Losing Control?

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Stocks just had their biggest rally in over a year as a broad cloud of bearishness began to lift, despite an increasingly hawkish Federal...

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...

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:...

Nio, Tesla Made November ‘Electric Car Month’ at TradeStation

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November was "electric car month" at TradeStation as investors piled into stocks like Nio, Tesla and Xpeng. The surge of activity on our platform followed...
3-D Printing Stocks Like DDD Are Flying as Demand Surges

Forget About Bitcoin and Tesla. This Forgotten Corner of Technology Is Crushing Both

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3-D printing stocks are flying as investors see huge growth for a revolutionary new segment of the technology space. 3D Systems (DDD), Stratasys (SSYS), ExOne...

Will the Fed Taper? It May All Come Down to Jobs

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The Federal Reserve could take a key step toward a pre-Covid reality at their meeting today. However, implementing the change will probably depend on...

Survey: Bears Are Now Officially on the Run

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Each week we check the American Association of Individual Investors sentiment survey. This week, only 22.7 percent of respondents were "bearish." It was the lowest...
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