Chart of the Day: Royal Caribbean May Be Cruising Lower
Royal Caribbean Cruises drifted higher since the summer, but now it may be rolling over.
The first pattern on today’s chart is the level around $61.45, where the leisure stock bottomed in March before proceeding...
Negatives Are Piling Up in This Year’s Only Positive Sector
Energy stocks are the only positive sector in 2022, but they're ending the year under a cloud of negativity.
Crude oil futures (@CL) have fallen 13 percent so far in December, putting them on pace...
Technical Analysis: What If Apple Holds This Price Level?
Megacap technology stocks like Apple have dragged on the market amid disruptions in China. But what if the iPhone giant manages to bounce? Could it give the bigger indexes a boost?
The main pattern on...
Attention Amazon Traders! Check Out This Chart
Amazon.com has declined along with the broader Nasdaq-100. But other consumer-facing companies have fared much better.
The chart below compares AMZN with competing retailers. It uses percentage-change charts with a six-month interval. Notice how the...
Three Potential Signs of a Turn, Even After Stocks Had Another Bearish Week
Editor’s note: This article was originally published on April 6, 2020.
Stocks fell again last week, but there may be signs the market is starting to see light at the end of the coronavirus tunnel.
The...
How This Correction Is Unlike Anything in the History of the Stock Market
Editor’s note: This article was originally published on March 12, 2020.
If the coronavirus is shaking your faith in stocks, you need to keep reading this article.
Why? There are three reasons.
Reason 1: This Selloff Is...
Diagnosing the Coronavirus Selloff: Just How Bad Is It?
Editor's note: This article was originally published on February 25, 2020.
Stocks continued their selloff on Tuesday as coronavirus spreads around the world. Here are some facts on what it means for your money.
First, this...
One Bearish Story After Another Seems to Be Hitting Crude Oil
Editor's note: This article was originally published on January 22, 2020.
Energy may be resuming its downtrend as one bearish story after another piles up.
Crude oil futures (@CL) are down for the third straight week....
Options Alert: Can DoorDash Keep Delivering for the Bulls?
DoorDash jumped earlier in the week, and one big options trader seems to think the move will continue.
Check out this large transaction in the food-delivery company:
25,000 December 35 calls were sold for $22.10.35,000 February...
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...
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