Thursday, May 2, 2024

Chart of the Day: Is Caesars Following Travel Stocks Higher?

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Travel stocks have climbed recently, and now Caesars Entertainment could be showing signs of strength. The first pattern on today’s chart is the falling trendline...

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...

Tesla Is Headed for Its Worst Month Ever As Elon Musk Veers Into the...

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Tesla is headed for its worst month ever as Elon Musk focuses on Twitter and China continues pandemic lockdowns. The electric-vehicle giant is down 26...

Technical Analysis: Will Tesla Shares Drive Higher?

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Tesla more than doubled between January and mid-February. It retraced almost half that move last month and is now trying to bounce. Will the...

Monster Options Volume in New Media Darling

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Love it? Hate it? Trade it! That's the story today in Netflix (NFLX). The new-media darling cratered this morning on news of weak subscriber growth,...

Technical Analysis: Amazon.com Could Be Struggling After Uncertain Guidance

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Amazon.com may be showing signs of weakness after another post-earnings drop. The first pattern on today’s chart is the rising trendline along the lows of...

This Retailer Keeps Reinventing Itself. Can you Guess July’s Mystery Stock?

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The last year has been the worst of times for traditional retailers, but also the best of times. That's especially true for a company...

The Economy Suddenly Shows Improvement Despite Delta Variant and Bottlenecks

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After a string of bad data, the U.S. economy is suddenly looking better. The U.S. Commerce Department reported today that retail sales increased by 0.7...

Crocs Is Trending Higher: Technical Analysis

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Footwear stock Crocs has been in a steady uptrend since the market bottomed in March 2020. Now it's pulled back and may be interesting...
Santa Came to Town For Bulls in the Stock Market Last Week

Santa Came to Town For Bulls in the Stock Market Last Week

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Stocks are trying to end the year in rally mode as fears of a recession morph into fear of missing out. The S&P 500...
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