Individuals Institutional

Call toll-free 800.328.1267

Market Insights

Bringing you the trading news around the world.

Market Pulse
Apple, Trendline Break and ‘Golden Cross?’ Market Trends This Week

Apple, Trendline Break and ‘Golden Cross?’ Market Trends This Week

Sizing Up the S&P 500 50-day MA nearing "Golden Cross" vs 200-day MA2022 bearish trendline brokenBreadth: Advance/decline line highest since AugustSector mix: "risk-on" cyclicals leading, safe-havens lagging.Intermarket: Dollar index lowest since AprilIntermarket:...

Chart of the Day: Royal Caribbean May Be Cruising Lower

Chart of the Day: Royal Caribbean May Be Cruising Lower

Royal Caribbean Cruises drifted higher since the summer, but now it may be rolling over. The first pattern on today’s chart is the level around $61.45, where the leisure stock bottomed in March before proceeding to new lows. RCL peaked around that price on November 15...

Chart of the Day: U.S. Dollar Is Breaking Major Levels

Chart of the Day: U.S. Dollar Is Breaking Major Levels

While everyone is focused on the meltdown in technology stocks and bond prices, the U.S. dollar is hitting even more historic levels to the upside. The U.S. Dollar Index started moving in late 2021 as the Federal Reserve got more hawkish. It accelerated after Russia...

Tesla Is Weaving in Its Lane: Chart of the Day

Tesla Is Weaving in Its Lane: Chart of the Day

Tesla has been on anything but autopilot since peaking above $1,240 in early November. The EV giant first made a lower high near $1,200, followed by a lower low under $900 yesterday. Taking a step back, the price action is starting to resemble a downward channel. This...

Crocs Is Trending Higher: Technical Analysis

Crocs Is Trending Higher: Technical Analysis

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 to swing traders. The first pattern on today’s chart is the 50-day moving average. CROX tested it on Friday and Monday, closing above...

Chart Analysis: Is a Breakout Coming in Bitcoin Miner Riot Blockchain?

Chart Analysis: Is a Breakout Coming in Bitcoin Miner Riot Blockchain?

Bitcoin miner Riot Blockchain hit a seven-month high in mid-November. It pulled back sharply and now may be attempting a breakout. The first pattern on today's chart is the price zone around $38. This is the roughly the spot where RIOT peaked in June and August. It's...

Technical Analysis: Energy ETF Is Pushing Highs

Technical Analysis: Energy ETF Is Pushing Highs

Energy stocks have been consolidating as major companies report earnings. Now they could be back in focus with inflation still rising and the economy reopening. The most important feature on the SPDR Energy ETF's chart is price zone around $56. It was a crucial...

Chart of the Day: Citi Is Finding Support at This Key Line

Chart of the Day: Citi Is Finding Support at This Key Line

Financial stocks have bounced in the last two weeks, and Citi is one of the biggest members of the group. A few patterns stand out on the banking giant’s chart. First is its breakout above the 50-day moving average, followed by a pullback to hold that line. Next is...

Energy Stocks Could Be Hugely Oversold, According to This Chart

Energy Stocks Could Be Hugely Oversold, According to This Chart

Energy is the top performing sector this year, despite two months of weakness. It now appears hugely oversold in comparison with crude oil prices. The first chart shows the ratio of the SPDR Energy ETF (XLE) against crude oil prices. Notice how the current ratio is...