Wednesday, May 1, 2024

Halliburton Squeezes Toward a Breakout as Oil Rallies: Chart Study

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Energy is coming to life again as the economy reopens. Let’s take a look at oil-field service provider Halliburton , which has a few...

Bulls May Be Coming Back to Energy as Global Economy Reopens

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Energy stocks jumped yesterday as inventories tightened and traders looked for demand to increase. The SPDR Energy ETF (XLE) rose 2.8 percent, its biggest one-day...

Another Healthy Pullback in Energy ETF?

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Energy is the strongest sector this year, but is down in the last month. Is it time to buy the pullback? This chart of the...

Trade QQQ? The Nasdaq Just Had its Worst Quarter in a Decade, by This...

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The Nasdaq-100 went from an amazing year in 2020 to its worst quarter in a decade, compared with the rest of the stock market. The...

Chinese Stocks Are Crashing. Here’s Why It Could Be Good Luck for U.S. Investors

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Most investors know that big Nasdaq stocks have struggled lately. They may be less aware of the carnage in Chinese markets. The iShares China Large-Cap...

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...
VIX Closes at Post-Covid Low as Investors Gain Confidence in Recovery

Volatility Closes at Post-Covid Low as Confidence Sweeps the Market

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The "fear index" just broke 20 for the first time in almost a year. It was one of several milestones suggesting the market sees...

Energy Is Crushing the Market in 2021. Here Are the Top Stocks for Options...

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Energy stocks are having their best run in years as global economies reopen from the coronavirus pandemic. The SPDR Energy ETF (XLE) is in the...

Reuters: Hedge Funds Expect Crude Oil Rally

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Are hedge funds bullish on crude-oil again? Reuters thinks so, according to a report yesterday. An article titled "Hedge funds bet on oil's 'big comeback'...

Market Pulse: Energy ETF Pulls Back to 50-day SMA

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Attention has recently focused on short squeezes and Big Tech earnings, but Energy remains the top-performing sector in 2021. Click here to view the related idea and...
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