Tuesday, May 14, 2024

Is the Global Picture Brightening?

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Global stocks have been a hot mess all summer, but some recent events may suggest the tide is turning. Over the weekend, for instance, China...

Markets Panicked About Higher Rates. These Charts Suggest the Move Could Be Done for...

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Last month's jump in interest rates triggered fears in the stock market, but some charts indicate the process may have run its course for...

Marijuana Momentum, Airlines Ascending: Groups in Focus

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Two different groups have been "flying under the radar" and "hitting new highs" in recent weeks. Let's check them out. First: Flying under the radar....

Technical Analysis: Will Tesla Shares Drive Higher?

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Tesla more than doubled between January and mid-February. It retraced almost half that move last month and is now trying to bounce. Will the...
Harpoon Going Public as Market Waits for Uber IPO

Cybersecurity, Business Apps, Medical Software: Recent IPOs Are Pulling Back With the Market

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Initial public offerings (IPOs) have been active lately as new technology companies come to market. Several names are pulling back along with the S&P...

Energy Stocks Could Be Facing Long Term Resistance

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Energy stocks have led the market this year as investors looked for travel to resume after last year's lockdowns. But now the sector could...

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...

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...

Chart of the Day: Exxon Mobil Has Pulled Back

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Exxon Mobil has steadily advanced for more than a year, and its current pullback may interest trend followers. The first pattern on today’s chart is...

These Were the Top Symbols on TradeStation in July as the Nasdaq Flew to...

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The Nasdaq-100 flew to new highs in July, and TradeStation clients focused on some of the most prominent names. Electric-car maker Tesla (TSLA) returned to...
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