Should This Industry Replace Transports in Dow Theory?
Something weird is happening in the market: Transportation stocks are dead in the water as almost everything else rallies.
This pattern runs contrary to "Dow Theory," one of the most cherished concepts in the history...
Massive Rotation Underway as Optimism Spreads
Some people may confuse energy and utility stocks, but they're not likely to make that mistake right now.
Energy's up 4.5% in the last week, compared with a 4.8% drop for utilities over the same...
Don’t Forget about Iranian Sanctions Early Monday
President Trump's trade spat with China has gained a lot of attention this week, but don't forget U.S. sanctions on Iran take effect on Monday, August 6.
The measures will obviously have an impact on...
Technical Analysis: Exxon Mobil Could Be Stalling
Energy stocks have dominated the market this year, but now the biggest of the bunch is showing signs of weakness: Exxon Mobil.
The first pattern on today’s chart is the jump following strong quarterly results...
Tesla or General Motors? Check Out This Stunning Chart
General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car.
This chart compares the price action of GM with Tesla (TSLA). It uses weekly candles and...
Investors Shift to Safe Havens, Shunning Riskier Stocks as the Fed Taper Approaches
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 new 52-week highs on Monday, based on analysis of the...
Technical Analysis: Hotel Giant Could Be Attempting a Breakout
Marriott has gone essentially nowhere since the pandemic began almost three years ago. But now the hotel giant could be getting ready to move.
The first pattern on today's chart is the tight consolidation over...
Chart of the Day: Carnival Pushes a Key Level
Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher.
The first pattern on today’s chart is Friday’s last price of $12.18. While the...
Is Dorsey the new Bezos?
Technology's all about change. There's even change in the hottest CEO.
Sure Jeff Bezos of Amazon.com (AMZN) might be the richest man in the world. And, sure, Tim Cook of Apple (AAPL) may run the...
Dead Cat Bounce or Deep Value? Can You Guess April’s Mystery Stock?
2021 has been a year of surprises, with many forgotten old stocks leading the market higher. This month's mystery stock is major example of that trend.
It's up 38 percent on the year, more than...
