Saturday, October 5, 2024

Chart of the Day: Small Caps Are Leading to the Downside

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Indexes of big companies like the S&P 500 and Nasdaq-100 neared record highs in July, but not the small cap Russell 2000. Today we’ll...

Did Stocks Just Break Out? Here Are Key Facts as Inflation Cools

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Higher inflation sank stocks into a bear market early last year. Now slowing inflation may be setting the market up for a return to...

Chart of the Day: More Downside in Energy ETF?

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Energy was the only the only major sector to fall last month. Is there more downside risk? The first pattern on today's chart of the...

Chart of the Day: Caterpillar Could Be Holding an Uptrend

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Caterpillar broke out to new highs a month ago, and now some traders may think an uptrend is in place. The first pattern on today’s...

Chart of the Day: Oracle May Have Found Support

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Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s...

Media Giant May Be Attempting a Bull-Flag Breakout: Chart Study

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Comcast has pulled back after making a new high last month, and now it could be turning upward again. The media giant battled against a...

Is Tesla Stalling Below a Key Level? Chart Watchers May See Bearish Patterns

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Tesla hasn't hit a new 52-week high since January 25. It bounced feebly this month, and now the price action is looking more problematic. First,...

Golden Crosses in Wireless Tower Stocks: Chart of the Day

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Wireless-tower stocks have been in long-term uptrends as mobile devices and usage proliferate. American Tower is the largest of the three, followed by Crown...

Technical Analysis: Is Copper Squeezing Toward a Breakout?

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Copper had a dramatic run coming out of the pandemic, more than doubling between March 2020 and May 2021. Now, after a period of...

Chart of the Day: Is Tesla Going into Reverse After a Sharp Rally?

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Tesla had a sharp rally in late March, but now there could be evidence of sellers taking the wheel. The first major pattern on today's...
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