Sunday, May 12, 2024

Bears Could Be Targeting the U.S. Dollar Again. Check Out Today’s Technical Analysis

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The U.S. Dollar has been stabilizing all year, but now the bears may be returning to their old hunting ground. Several features have appeared on...

Small Caps Are Struggling: Check Out This Technical Analysis

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The S&P 500 keeps hitting new highs, but the Russell 2000 small cap index hasn’t been so fortunate. RUT has gone almost four months without...

‘Boring’ May Be The New Bullish: Healthcare, Insurers,and Food Stocks Break Out as the...

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The S&P 500 continues to hit new highs, but a strange mix of stocks is leading the advance. Pharmaceuticals, medical devices, insurers and food companies...

Technical Analysis: Small Caps Hold Their Ground as Other Stocks Crumble

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The Russell 2000 had a sharp rally in late 2020 and early 2021. Now it may be setting up for a similar move. Notice the...

Nasdaq Stocks Are Teetering, Except For This One Key Company

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The Nasdaq-100 is teetering, but one major index member is fighting the trend as business surges: electric-car giant Tesla. TSLA rose almost 1 percent yesterday,...

Chart of the Day: Is This Gold Mining Giant Headed for a Breakout?

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Last week, we cited the potential breakout in the SPDR Gold ETF. Today’s chart shows a similar pattern in miner Barrick Gold. First, consider the...

Chart of the Day: Is Bitcoin’s Long Slide Finally Ending?

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Bitcoin has been under pressure since early November, but now the top cryptocurrency may be showing signs of turning higher. The first pattern on this...

Chart of the Day: Has the Tide Finally Turned for This Chinese E-Commerce Giant?

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Chinese stocks like Alibaba have been under pressure for the last 1-1/2 years, but now the tide could be turning. The first pattern on today's...

Chart of the Day: Target Could Be Breaking a Triangle

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Target gapped lower on weak earnings four months ago. Now it may be showing signs of the bearish trend continuing. The main pattern on the...

Technical Analysis: Does the Nasdaq Need a Pause?

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The Nasdaq-100 has been running as investors flock back to growth stocks. But is it time for a pause? The index has gained each of...
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