Wednesday, May 15, 2024

Tesla Is Lagging as ‘Old Economy’ Stocks Make a Comeback

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Tesla is probably the most prominent stock in the last 12-18 months, surging about 2,000 percent from its peak to trough. But now it...

American Tower: Old Resistance, New Support at Key Line?

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American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector. It’s been in a long-term uptrend thanks to...
Netflix Hammered But 5G Hopes Boost Chips: Earnings This Week

Major Cryptocurrencies Form Hammer Pattern

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Summary Cybercriminals hack KuCoin Crypto ExchangeBitcoin (BTC) and Ethereum (ETH) continue to consolidate recent gains.Precious metals underperform major cryptocurrencies on a relative basis. Cybercriminals owned the...
Stocks Try to Hold as Economy Remains Strong Despite Trade War

S&P Tests Support Dating Back to the Global Financial Crisis

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There is a famous quote on wall street that “The trend is your friend”. Regardless of the timeframe, technical traders can gain an edge...

Monex Crypto Market Weekly: April 3

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This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent...

Can This Tech Giant Hold Support?

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Big Tech has seen its share of volatility in the last week. Now as the waves of panic recede, a value opportunity may have...

Traders, keep an eye on oil

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Oil is in the news today with crude futures at a potentially key level. The main item came this morning from the U.S. State Department,...

How stocks may be signaling slower growth

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Even before today's market tumble, stocks seemed to be dismissing good economic news. Most of the U.S. numbers, after all, have impressed recently. Measures of...

Get ready for a summer snooze: Larry Williams Cycle indicator

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Get ready for a sleepy July and a turbulent August. The Larry Williams Cycle Forecast Indicator sees the Dow Jones Industrial Average inching higher next...

Pulling back or petering out?

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Is this a pullback to buy, or is the market petering out? That's the question traders may be asking today. The S&P 500 fell 0.9...
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