Saturday, June 15, 2024
Market Pulse

Market Pulse: Cannabis Stocks Break Out as Legalization Spreads

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Cannabis stocks are coming back to life as states including New Jersey and Arizona legalized recreational marijuana use. The news followed Tuesday's election, which also...
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

Market Pulse: Bitcoin Is Pushing 2019 Highs

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Last week, we cited the unusual relative strength in Bitcoin and its decoupling from the S&P 500. Today we want to look at some...
Market Pulse

Market Pulse: Chips Bouncing at the 50-day SMA

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Semiconductors are behaving more bullishly than the rest of the technology sector. Click here to view the related idea and chart analysis on TradingView.
Market Pulse

Market Pulse: Big Pullbacks in Sports Betting Stocks

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Sports-betting stocks have had giant pullbacks lately. Investors may want to keep an eye on them after the spectacle of the election passes. DraftKings (DKNG)...
Market Pulse

Market Pulse: Are Chinese Stocks Breaking Out?

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Several positive things have happened in China lately. Today we're looking at the iShares Trust China Large-Cap ETF (FXI). Click here to view the related idea...
Market Pulse

Market Pulse: Is Bitcoin Decoupling From Stocks?

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If we learned anything in March, it’s that Bitcoin can be susceptible to selloffs in the broader market. However it’s been bucking that tide recently. Click here to...
Market Pulse

Market Pulse: Bitcoin Bounces Near Highs as Lagarde Slams the Euro

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The expansion of fiat money has been a driver for Bitcoin this year. Central banks are creating more currency to overcome the coronavirus pandemic,...
Market Pulse

Market Pulse: Chips Get a Double-Dose of Love This Week

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It's big week for semiconductor stocks, with two deals this week. Advanced Micro Devices (AMD) is buying Xilinx (XLNX) and Marvell Technology Group (MRVL)...
Market Pulse

Market Pulse: AT&T and Ericsson Pull Back After Gaps Higher

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Two forgotten technology stocks are popping up today for pullbacks. Both were featured in last week's earnings recap. AT&T (T) gapped up last week after...
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