Friday, September 17, 2021

Technical Analysis: Is Copper Squeezing Toward a Breakout?

Copper had a dramatic run coming out of the pandemic, more than doubling between March 2020 and May 2021. Now, after a period of consolidation, it may be ready for more upside.

Call Buyers Target Square as Jack Dorsey Talks Crypto with Elon Musk

Yesterday was big for cryptocurrencies as Elon Musk and Jack Dorsey spoke publicly about Bitcoin. The event also triggered a wave of bullish options activity in Dorsey's payments company, Square.

A Certain Chart Pattern Keeps Popping Up as Smaller Tech Stocks Come to Life

Last year saw dramatic rallies in smaller technology stocks like Nio and Snap. This month, several of those same companies have the same potentially bullish chart pattern. The table...

Is This Stock the Next Tesla or Nio? Check Out This Technical Analysis

Electric cars have been one of the most explosive industry groups in recent memory, and now traders may have another name to focus on: smart-vehicle maker XPeng. Several patterns...

Jerome Powell Stays Dovish: What It Means for Your Money

The Federal Reserve emphasized its commitment to low interest rates yesterday, a move with potentially big implications for investors. "There is still a long way to go," before hiking...

Profits Could Jump How Much This Earnings Season?

Earnings season begins today with Goldman Sachs and JPMorgan Chase. It could feature the strongest profit growth in half a generation. Analysts on average forecast a profit increase of...

CME Launches Micro Crude Oil Futures With Energy Challenging Multiyear Highs

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 trading last night under...

Memory Chip Maker Holds Key Level as Market Rebounds: Chart of the Day

This week was cut short by Independence Day. That makes it a good time to view Micron Technology (MU), which seems to have the spirit of 76. The memory-chip...

This Retailer Keeps Reinventing Itself. Can you Guess July’s Mystery Stock?

The last year has been the worst of times for traditional retailers, but also the best of times. That's especially true for a company like today's mystery stock. It...

Is Energy’s Long-Term Downtrend Resuming?

Energy stocks have rallied since November, but signs of exhaustion could be appearing. The SPDR Energy ETF (XLE) fell more than 3 percent today and is the market's worst-performing...
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