Friday, April 26, 2024

Is the Nasdaq Ready to Bounce? Key Things to Know after Last Week’s Pullback

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Stocks pulled back last week, but there are signs that the bulls remain in control. The S&P 500 fell 0.8 percent, while the Nasdaq-100 slid...

Technical Analysis: Is This Social Media Stock Overbought After an Earnings Rally?

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Snap had a sharp rally on February 4 after quarterly results beat estimates. But now its longer-term downtrend may be reasserting itself. The first pattern...

Troubled Trio? Why These Megacaps Are Faltering in 2024

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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...

Chart of the Day: Netflix Consolidates After Earnings Surge

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Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's...
Twitter Leads the S&P 500 on Signs of Major Advertising Gains

Twitter Steals the Show This Week on Signs of Advertising Breakthroughs

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Twitter is having its best week in six years as its advertising business finally starts to gain traction. Twitter (TWTR) is up 27 percent since...

Chart of the Day: Will T-Mobile Follow Other Telecoms Lower?

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Telecom stocks have mostly fallen in recent months. One exception has been T-Mobile US. Could it soon follow its peers lower? The first pattern on...

Tesla and the VIX: Two Big Numbers Reached in Today’s Session

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Tesla and Cboe's volatility index -- the "fear gauge" -- closed at two important levels today. First, Elon Musk's electric-car maker ended the session at...

Technical Analysis: Is It Showtime for AMC Entertainment?

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AMC Entertainment had a dramatic short squeeze in May and June. Now it may be ready to move again following months of consolidation. The price...

Stocks Are Climbing an Epic Wall of Worry as Earnings Blow Past Estimates

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An old adage states that "bull markets climb a wall of worry." It's especially true now. The S&P 500 fell 1.6 percent last Monday, its...

Options Traders Are Looking for This Satellite Radio Stock to Blast Off

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Sirius XM has gone nowhere for years, but now bullish options trades are building as the satellite-radio company partners with TikTok. Call volume has climbed...
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