Saturday, May 18, 2024

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: International Paper Pulls Back from 28-month High

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Recent months have seen a shift toward cyclical stocks like International Paper, which has some potentially bullish chart patterns. Click here to view the related idea and...
Market Pulse

Market Pulse: Homebuilders Could Be on Solid Ground

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Housing stocks outperformed earlier this year thanks to low interest rates, an exodus from cities and tight inventories. They recently pulled back but could...
Market Pulse

Market Pulse: Amgen Nears a Death Cross

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Many stocks have hit new highs this month, but Amgen isn’t one of them. Click here to view the related idea and chart analysis on TradingView.
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: 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: Ethereum Is Approaching Key Highs

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As we mentioned yesterday, Bitcoin has been running toward new highs. Now Ethereum is on watch. Both cryptocurrencies have grappled with resistance from their consolidation...
Market Pulse

Market Pulse: S&P 500 Holding a Trendline

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Monday's hard selloff was a jarring start to the New Year, but it didn't do a lot of technical damage. Most importantly, the index...
Market Pulse

Market Pulse: Oracle Pulls Back After Breaking Out

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Oracle has been one of the quieter names in tech recently, but the chart is showing signs of a potential rally. Click here to view the related...
Market Pulse

Nio Earnings Are Tomorrow. Here Are Key Milestones on Its Run

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Chinese electric-car maker Nio has been one of the biggest gainers in 2020. Tomorrow afternoon is a key moment because quarterly earnings are due. While...
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