Saturday, April 20, 2024

Market Pulse: Positive Signals from Bitcoin’s Big SMAs

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The recent price action in Bitcoin seems to highlight the importance of two simple moving averages (SMAs): the 50-hour SMA and the 100-hour SMA. Click here to...
Market Pulse

Ethereum Is Forming a High Tight Pattern. Will it Break Out?

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Bitcoin recently consolidated in a tight range below its bear-market high before breaking out. Ethereum may now be following a similar pattern. Click here to view the...

Market Pulse: Walmart Holds the Trendline

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Walmart has fallen by the wayside lately as investors focused on reopening stocks. But now it could be poised for a rebound as the...
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...

This Key Part of the Technology Sector Could Be Flashing Warning Signs: Chart of...

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Semiconductors have been a key pillar of the S&P 500’s advance since 2016, and now they may be flashing a warning signal for the...

Market Pulse: Is AMD Squeezing Toward a Breakout?

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Advanced Micro Devices has been consolidating after a big surge in July and August. Now the chip stock may be lining up for another...
Airbnb, DoorDash Driving Historic Surge in IPO Exchange Traded Fund

Market Pulse: Airbnb, DoorDash Driving Historic Surge in IPO ETF

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IPO frenzy is driving record activity in an exchange-traded fund dedicated to new companies. Renaissance IPO ETF (IPO) traded about 1 million shares on...
Market Pulse

Market Pulse: Is Micron Finally Ready to Move?

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On Tuesday, we cited the pullback in the Philadelphia Semiconductor Index. Today, we're looking at a member stock that's been dead in the water...

Market Pulse: Bearish Outside Day on the S&P 500

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Stocks began this week bordering on complacency, and yesterday the S&P 500 had a potentially bearish reversal pattern. Click here to view the related idea and chart...

Small Caps Are Outperforming Again: Technical Analysis

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QQQ vs IWM? In some ways, it’s the big debate of 2021. Will traders stick with megacap growth stocks, or ride fast-moving small caps...
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