Saturday, April 20, 2024

Where’s the Fear? VIX Keeps Sliding as Big Events Fail to Lift Volatility

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Cboe's "fear index" hasn't been showing a lot of panic lately. The Volatility Index ($VIX.X) declined steadily between mid-June and late July. That six-week slide...

Chart of the Day: Chinese Electric Car Stock Rallies and Pulls Back

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Most Chinese stocks remain well below their 52-week highs, but not Li Auto. Let's consider some of the patterns on the Beijing-based maker of electric...

This Food Stock Broke Out to New Highs. Now It’s Pulled Back

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General Mills has been a slow mover for years, but the Cheerios maker has gotten more interesting lately. The main pattern on today’s chart is...

Chart of the Day: DIY Giant Tries to Break Out Before Key Data

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Home Depot could be attempting a breakout as investors await key industry data. The main patterns on today’s chart are the falling trendline and the...

Chart of the Day: Tight Consolidation, Golden Cross in Top Solar Stock

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Solar energy has been one of a few bright spots in this bearish market. Today we’re looking at the company in the group with...

Chart of the Day: Is it Prime Time for Amazon.com?

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Amazon.com has retraced almost all of its pandemic gains. Is this an opportunity for buyers? Let's consider some chart patterns. First is the $101.79 level...

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...

Chart of the Day: This Drug Developer Rallied and Now It’s Pulled Back

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United Therapeutics spent more than a year consolidating around its 2015 highs. Now the biotech may be attempting a breakout. Notice the surge to new...

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....

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...
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