Friday, April 26, 2024

Chart of the Day: Are Regional Banks Turning Higher?

0
Regional banks had a big surge in late 2023. Now, after a period of consolidation, some traders may expect further gains. The first pattern on today’s chart of the SPDR S&P Regional Banking ETF is...

Chart of the Day: Palantir Stabilizes Above Old Highs

0
Palantir Technologies has advanced as investors embrace AI and non-government customers embrace its products. Is its current pullback offering an opportunity? The first pattern on today’s chart is the pair of rallies after the last...

Is Inflation Making a Comeback as the Fed Looks to Cut Interest Rates?

0
The stock market has been optimistic about inflation since late 2023, but price pressures may be returning as the Federal Reserve considers interest-rate cuts. The price of energy, shelter and materials have quietly risen in...

Chart of the Day: Nvidia and the Midcap Breakout

0
Megacap growth stocks like Nvidia have outperformed for years. But traders looking for the trend to change may see more evidence of a shift. Today’s idea considers three charts. The first shows how NVDA rallied...

Chart of the Day: Royal Caribbean May Be Attempting a Breakout

0
Royal Caribbean Cruises has spent more than two months consolidating, but it may be getting ready to move again. The first pattern on today’s chart is the trendline along the closes of December 28 and...

Troubled Trio? Why These Megacaps Are Faltering in 2024

0
The stock market is off to a roaring start in 2024, but three former leaders might be left behind. Apple (AAPL), Tesla (TSLA) and Alphabet (GOOGL) have dropped in recent weeks as the S&P 500...

Chart of the Day: Caterpillar Could Be Holding an Uptrend

0
Caterpillar broke out to new highs a month ago, and now some traders may think an uptrend is in place. The first pattern on today’s chart is the close on January 25. It was slightly...

Chart of the Day: Will Goldman Sachs Get Going?

0
Goldman Sachs has gone nowhere for two months, but some traders may look for that to change. The first pattern on today’s chart is the $374 level. It was a weekly closing price from January...

Chart of the Day: Can Intel Keep Running?

0
Intel has been rallying on hopes of a turnaround, and some chart watchers may see potential for more upside. The first pattern on today’s chart is the series of lower highs since December 27. The...

Stocks Pause Near Record Highs Before Inflation, Earnings

0
Stocks are pulling back as traders wait for key inflation data and the start of earnings season. The S&P 500 fell 1.5 percent in the holiday-shortened period between Friday, December 29, and Friday, January 5....
- Advertisement -
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform

LATEST NEWS

MUST READ