Wednesday, May 1, 2024
Market Pulse

Market Pulse: Nvidia Had a Bullish Outside Candle

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Big tech stocks have been snoozing since their frenzied peak in early September. But yesterday, one of the biggest names showed signs of waking...

Market Pulse: Equal Weighted Index Highlights Megacap Abandonment

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One of the most interesting things about the rally since early November is the broad participation by smaller companies, and the near-total abandonment of...

Market Pulse: The Greenback Is Crashing. All Kinds of Other Assets Are Going Up

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The U.S. dollar is crashing, boosting all kinds of other assets. Many newer traders may not appreciate the importance of this trend because the...

Market Pulse: Has Zoom Lost its Zip?

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If any stock defined the age of Covid, it would be Zoom Video Communications. Now the videoconferencing disrupter could be showing that sentiment has...

Market Pulse: Ethereum Is Trying Break out of a Bullish Triangle

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Bitcoin broke out to new highs in December, and now Ethereum is trying to follow suit. Click here to view the related idea and chart analysis on TradingView.

Housing Stocks Could Be Trying To Turn: Chart of the Day

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Homebuilders have pulled back following a big rally. Now the chart could be lining up for another move to the upside. The Philadelphia Housing Index...

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

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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...

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

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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...

Chart of the Day: Royal Caribbean May Be Cruising Lower

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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...

Stocks Fall as Strong Economy Sidelines Goldilocks: Market Trends

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 breaks June high as short-term bearishness grows 20-day moving...
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