Friday, April 19, 2024

Markets Panicked About Higher Rates. These Charts Suggest the Move Could Be Done for...

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Last month's jump in interest rates triggered fears in the stock market, but some charts indicate the process may have run its course for...

CME Launches Micro Crude Oil Futures With Energy Challenging Multiyear Highs

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Investors just got a new tool for trading energy as prices surge: micro contracts on CME's Group's WTI crude oil futures. The new product began...

The Dollar Is Dropping Sharply, Lifting Global Stocks and Commodity Plays

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All of a sudden, weak-dollar trades are working. At least 26 foreign-country exchange-traded funds are outperforming the S&P 500 and Nasdaq-100 so far this year,...

Chart of the Day: More Downside in Energy ETF?

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Energy was the only the only major sector to fall last month. Is there more downside risk? The first pattern on today's chart of the...

Elliot Wave Still Flowing Higher: A Pro’s Insight

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Bullish, bullish, bullish. That was the message from a widely followed market pro this morning. "We do have higher highs coming," Bennett McDowell of TradersCoach.com...

Global Takes a Beating: Midweek Sector Check

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Political risk and economic data are hammering foreign stocks, but headlines have been more positive for U.S. regional banks.

Traders, keep an eye on oil

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Oil is in the news today with crude futures at a potentially key level. The main item came this morning from the U.S. State Department,...

Bulls pivot back to energy: Midweek sector check

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The S&P 500 is bouncing at its 50-day moving average as the market drifts into the dog days of summer. Here's a breakdown of the best-...
Naysayers Hapless as Worst-Case Scenarios Prove Elusive

Stocks Keep Climbing as Negativity Lifts

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Stocks keep rising as the fourth quarter's gloom continues to lift. The S&P 500 rose 1.6 percent between Friday, January 25, and Friday, February 1....

Some of 2018’s IPOs Have Pulled Back As Uber Deal Approaches

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Initial public offerings (IPO) are taking a pause before Uber's (UBER) huge deal next month. That makes it good time to review some of...
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