Saturday, July 27, 2024

Market Pulse: Potential Topping Patterns on the S&P 500

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The S&P 500 has steadily trended higher since November. However some chart patterns suggest it may be topping out -- even if there isn’t...

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...

Chart Study: Do You Know This Chipmaker Getting Close to Record Highs?

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Micron Technology (MU) has stalled after a big rally. Is it time to buy the dip? The first pattern on the memory-chip maker's chart is...
Market Pulse

Market Pulse: Dollar Index Resembles This Moment in Time

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Some traders may remember the historic selloff in the U.S. dollar that began in late 2002. Current conditions appear similar. Click here to view the related idea...
Market Pulse

Market Pulse: General Motors Pulls Back

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General Motors has been in the fast lane since the fourth quarter began. It’s now having its steepest pullback of the rally, offering momentum...

Market Pulse: Cirrus Logic Pulls Back to Key Levels

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Cirrus Logic began 2021 with a breakout to new highs. Now it's pulled back to some potentially interesting levels. Click here to view the related idea and...
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: Say it Ain’t So! A Double Top on Apple?

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It's not hard to be bullish on Apple given the potential for an iPhone upgrade cycle. But now the unthinkable may be occurring on...
Tesla or General Motors? Check Out This Stunning Chart

Tesla or General Motors? Check Out This Stunning Chart

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General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. This chart compares the price action...

Market Pulse: Is United Airlines Taxiing for Takeoff?

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United Airlines has gone almost nowhere for two months. But now the chart may be lining up for a rally as earnings approach. Click here to view...
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