Tuesday, May 14, 2024

Chart Study: Is CSX Ready to Start Rolling?

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Railroad operator CSX has squeezed into a tight range for almost five months. Now it may be ready for a breakout. The first pattern jumping...
Federal Reserve Expected to Keep Rates Low as Economy Roars Back

The Fed Meets This Week as Business Roars Back from the Coronavirus Pandemic

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The economy is roaring back to life, just in time for the Federal Reserve to keep interest rates low. No major change in policy is...

Apple Crushes Estimates But Investors Are More Interested in Two Other Nasdaq Giants

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Apple had an amazing quarter, but investors seem more interested in the advertising growth at Alphabet and Facebook. All three of the Nasdaq giants reported...

Transportation Giant Delivering Like Never Before. Can You Guess May’s Mystery Stock?

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The past year has been dominated by huge macro news like coronavirus and the unprecedented economic crash that followed. But there have also been...

The Value Trade Seems to Be Coming Back After a Brief Pause

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That huge shift in investor sentiment, growth to value, seems to be resuming as a new month begins. This chart compares the iShares Value ETF...

Investors Move Back to Cyclicals, Looking for a Hotter Economy Into Yearend

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Another rotation toward value stocks could be underway as investors look for a stronger economy into yearend. Financials, industrials and materials have gained momentum in...

Bearish Patterns Appear in this Industrial Giant

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Caterpillar was a top pick among investors for the rebound last year. But now the chart is showing several bearish patterns. First is the string...

The Pandemic Actually Helped This Travel Company. Can You Guess October’s Mystery Stock?

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Few industries crashed harder than travel stocks during the pandemic. However one company benefited from the crisis as an unexpected set of catalysts drove...

Southwest Has Record Put Volume as Option Traders React to Mass Cancellations

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Southwest Airlines didn't just plummet yesterday after canceling thousands of flights. It also set a record in the options market. More than 81,000 put contracts...

Has General Electric Finally Bottomed?

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This post is for education purposes only and should not be interpreted as a trade recommendation. General Electric (GE) has been a member of the...
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