Monday, May 6, 2024

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...

Energy and Financials Are Crushing Technology as Reopening Accelerates into the Holidays

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The reopening trade is back with vengeance, with investors shifting to energy and financials as coronavirus infections plummet into yearend. The SPDR Energy Fund (XLE)...

This Footwear Company Is Growing Like Never Before. Can You Guess August’s Mystery Stock?

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Many companies spend a fortune trying to achieve brand identity and customer loyalty. But that was never a problem for this month's mystery stock. Its...

Consumer Stocks Get a Boost from Amazon Prime Day, Plus Reopening and the Start...

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Amazon Prime Day set records again this month, and more companies than just Amazon.com could benefit. Sales were estimated at $11 billion, up from $10.4...

American Tower: Old Resistance, New Support at Key Line?

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American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector. It’s been in a long-term uptrend thanks to...

Is This Level a Lucky Number for Facebook? Here’s Today’s Technical Analysis

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Technology and the Nasdaq have gone through a rough spot lately because of inflation. That may be creating an opportunity in social-media giant Facebook. FB...

Crocs Is Trending Higher: Technical Analysis

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Footwear stock Crocs has been in a steady uptrend since the market bottomed in March 2020. Now it's pulled back and may be interesting...

An Early Innovator Breaks New Ground Again. Can You Guess June’s Mystery Stock?

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Innovation can be an essential element of success in the stock market. Now one of the earliest major disruptors could be breaking new ground...

Halliburton Squeezes Toward a Breakout as Oil Rallies: Chart Study

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Energy is coming to life again as the economy reopens. Let’s take a look at oil-field service provider Halliburton , which has a few...

An Electrifying Future? Carmakers Fly Amid Pent-up Demand and Zero-Emission Plans

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The stock market has tumbled since Labor Day, but automakers are bucking the bearish trend. General Motors (GM) and Ford Motor (F) have gained 20...
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