Friday, May 10, 2024

Is This Level a Lucky Number for Facebook? Here’s Today’s Technical Analysis

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Technology and the Nasdaq have gone through a rough spot lately because of inflation. That may be creating an opportunity in social-media giant Facebook. FB...

Bears Tried to Sink the Semiconductor Index and Failed: Chart Study

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Chip stocks have lagged along with the broader technology sector. But just when you think they're dead, they have a session like yesterday. Notice how...

This Major Index Is Breaking Out as Value Stocks Pause: Chart Study

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Value stocks and reopening plays have been the main themes in 2021, but now the bulls seem to be returning to Big Tech and...

Energy Stocks Could Be Hugely Oversold, According to This Chart

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Energy is the top performing sector this year, despite two months of weakness. It now appears hugely oversold in comparison with crude oil prices. The...

E-Commerce Giant Struggles After Bearish Price Gap: Chart of the Day

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Amazon.com rallied into its last earnings report, and crashed on a very weak outlook. Now traders may need to mind the price gap that...

Technical Analysis: Energy ETF Is Pushing Highs

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Energy stocks have been consolidating as major companies report earnings. Now they could be back in focus with inflation still rising and the economy...

The S&P 500 Has Gone a Long Time Without Doing This. Will It Bring...

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Most investors know the stock market has enjoyed a powerful rally since mid-2020. But they may not realize it's nearing some historic milestones. The...

Technical Analysis: This LNG Tanker Stock Is Squeezing. Will a Breakout Follow?

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Natural gas tanker stock Cheniere Energy has steadily trended higher for more than a year, but it’s effectively gone nowhere for three months. Now...

Chart of the Day: Is This Semiconductor Stock Rolling Over?

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Nvidia had a sharp countertrend rally two weeks ago, but now the chip giant may be rolling over. Prices jumped over $183 on May 27....

Technical Analysis: Discount Retailer Holds Gains as the Broader Market Tanks

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The broader market has been super volatile lately, which makes the tranquil behavior of one retailer interesting: Dollar Tree. Notice how the discounter plunged on...
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