Thursday, April 25, 2024

Market Pulse: Bitcoin Is Trying to Break a Bullish Triangle

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Bitcoin has moved sideways for most of December as it consolidated its October and November gains. But now the chart could point to further...
Market Pulse

Market Pulse: Stitch Fix Pulls Back

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Stitch Fix is in the midst of an explosive rally, and now the shares are pulling back. Click here to view the related idea and chart analysis...
Market Pulse

Market Pulse: Sea Has a Bullish Triangle

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Sea Ltd. Is one of the biggest companies people have never heard of – especially after this year's big run from the $40s to...
Market Pulse

Market Pulse: Alibaba Shows Oversold Condition

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Alibaba fell sharply after authorities suspended the initial public offering of its Ant finance arm. That decline has landed BABA deep in oversold territory,...

Bulls May Be Coming Back to Energy as Global Economy Reopens

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Energy stocks jumped yesterday as inventories tightened and traders looked for demand to increase. The SPDR Energy ETF (XLE) rose 2.8 percent, its biggest one-day...
Market Pulse

Market Pulse: Bitcoin Has Broken Out. Stocks Haven’t

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Momentum followers often focus on stocks that are hitting new highs. Widening that view now yields an interesting insight: Bitcoin has broken out while...

Market Pulse: Bearish Triangle in Procter & Gamble

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Consumer staples have lagged this year as investors look past the stay-at-home trend. The biggest stock in the sector, Procter & Gamble, is forming...

Market Pulse: Housing Index Breaks Out Before the Fed

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Housing stocks have chopped in a very tight range since October, but now they're trying to break out. Click here to view the related idea and chart...
Market Pulse

Market Pulse: Solar Stocks Green in a Sea of Red

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All the major indexes and sectors are down sharply today, but one corner of the market remains in the green: solar energy. First Solar (FSLR)...
Market Pulse

Market Pulse: S&P 500 Holding a Trendline

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Monday's hard selloff was a jarring start to the New Year, but it didn't do a lot of technical damage. Most importantly, the index...
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