Wednesday, May 12, 2021

Apple Is Barely Holding Support. Should the Bulls Worry?

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Apple rallied in December after holding $120. Now it’s back and threatening to break support at that level. The...

Breakouts and Breakdowns: Forgotten Industries Like Financials and Autos Are Leading in 2021

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Sentiment has changed dramatically in 2021 as investors position for a surge of economic growth. This has caused some big pivots between...
Bitcoin Breaks $50,000 as Blackrock 'Dabbles' in Digital Asset

Bitcoin Breaks $50,000 as Blackrock Jumps on Board. More Companies Plan to Follow.

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Bitcoin keeps hitting new highs as mainstream firms like Blackrock jump on board. "The technology has evolved and the...
The Financial ETF Is Attempting a Historic Breakout as Interest Rates Rise

Financial ETF Is Attempting a Historic Breakout as Interest Rates Rise

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The SPDR Financial ETF quietly did something historic last week: It closed at the highest price ever. This...
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...
Cryptocurrencies Have Another Huge Week; Tesla Drives Adoption Wave

Another Huge Week for Cryptocurrencies as Tesla, Mastercard, Twitter Fuel Adoption Wave

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Cryptocurrencies had another huge week as companies like Tesla and Mastercard continue to push digital assets into the mainstream.
Tesla Buys $1.5 Billion of Bitcoin, Launching Cryptos to New Highs

Tesla Embraces Bitcoin as Elon Musk Lights Another Fire Under Cryptocurrencies

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Elon Musk lit another fire under Bitcoin today, parking $1.5 billion of Tesla's cash in the cryptocurrency. Tesla (TSLA)...
Banks Including JPMorgan and Citi Pull Back as Earnings Season Begins

Banks Including JPMorgan and Citi Pull Back as Earnings Season Begins

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Traders are taking profits in the banks as earnings season begins. JPMorgan Chase (JPM), Citi (C) and Wells Fargo...
What Are Value Stocks? How Can You Find Them? A Howto Guide

What Are Value Stocks? How Do I Find Them?

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Value stocks have gained popularity this month as investors look for vaccines to end the coronavirus pandemic. This article will consider key...
Coronavirus Vaccine News Hurts Technology Stocks, Lifts Financials, Oil

Pfizer’s Coronavirus Vaccine Is Shaking Up the Stock Market. Here Are Key 4 Changes

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Stocks jumped to new highs this week thanks to Pfizer's coronavirus vaccine, but it's also causing major changes in the market.
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