Thursday, April 25, 2024

Trust the Trend but Verify: Price Headly

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Buy at support, sell at resistance, but always back-test. That was the message from our pro trader this morning. Price Headly, founder of BigTrends.com, runs...

The VIX Is Collapsing as Good News Floods the Market

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The fear index is crumbling as one positive story after another hits the market. Cboe's VIX, which measures the cost of hedging the S&P 500,...

‘Boring’ May Be The New Bullish: Healthcare, Insurers,and Food Stocks Break Out as the...

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The S&P 500 continues to hit new highs, but a strange mix of stocks is leading the advance. Pharmaceuticals, medical devices, insurers and food companies...

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...

Big call roll detected in retailer: Options recap

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Someone's apparently using options to ride the bounce in a big-box retailer. Here's a breakdown of heavy options activity detected in Target (TGT) this morning: ...

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...

Chart of the Day: Has the Tide Finally Turned for This Chinese E-Commerce Giant?

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Chinese stocks like Alibaba have been under pressure for the last 1-1/2 years, but now the tide could be turning. The first pattern on today's...
Tesla or General Motors? Check Out This Stunning Chart

Tesla or General Motors? Check Out This Stunning Chart

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General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. This chart compares the price action...
Tesla Stock May Be Hitting Resistance as Competition Increases

Tesla Stalls at Potentially Key Level As Competitors Make a Comeback

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Tesla appears to be hitting resistance at $700 as sentiment pivots to legacy automakers like General Motors and Volkswagen. This chart highlights a few...

Trains Good, Planes Bad: Transports and Traveling After Coronavirus

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As the economy staggers back from coronavirus, a split is appearing in the world of transportation. Railroads are thriving and air travel is struggling. Consider...
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