Wednesday, June 7, 2023

Technical Analysis: Amazon.com Bounced After Earnings. Now What?

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Amazon.com rallied sharply on some bullish news last week. But it may face some bearish patterns over the intermediate and longer terms. First, consider the...

Automakers Begin the Year With an Explosive Rally as Ford Goes After Tesla in...

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Tuesday, January 4, 2022, was an epic day for automakers as the industry begins a New Year inundated with good news. Ford Motor (F) jumped...

Amazon May Face an Uphill Struggle as 2022 Begins: Chart of the Day

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Believe it or not, Amazon.com is little changed since July 2020. Now it faces an uphill struggle as a new year begins. The first pattern...

Tesla Is Weaving in Its Lane: Chart of the Day

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Tesla has been on anything but autopilot since peaking above $1,240 in early November. The EV giant first made a lower high near $1,200,...

Investors Shift to Safe Havens, Shunning Riskier Stocks as the Fed Taper Approaches

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The S&P 500 fell yesterday, but a new kind of stock seems to be breaking out. Consumer staples, real estate investment trusts and utilities hit...

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...

Options Alert: Another Mega Call Roll as Ford Motor Challenges the Historic $20 Level

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Options traders are sticking with the same upside strategy as Ford Motor challenges multidecade highs. Here's the activity yesterday: Roughly 30,000 December 21.50 calls were sold...

Olaplex and On: Recent IPOs Pull Back After Their Debut Quarterly Reports

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The IPO market is setting new records as 2021 nears and end. Today we'll review some recent deals, including three companies that issued results...

Nasdaq Leads Stocks to New Highs as ‘Goldilocks’ Returns

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Stocks rebounded last week, led by the Nasdaq-100, as "Goldilocks" conditions return. The S&P 500 rose 0.7 percent between Friday, November 12, and Friday, November...

Holiday Shopping? Check Out These Key Facts About the Retail Sector

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Retail stocks are jumping this week as stores rebound from last year's shutdowns. The industry has been overlooked for years as investors focused on...
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