Market Insights
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Can Earnings Break Chip Stock’s Downtrend?
Advanced Micro Devices reports earnings next week, and options traders are bracing for a move.
Is Tesla Stalling Below a Key Level? Chart Watchers May See Bearish Patterns
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, notice how the April 14 high closely matched the January 29 low. Old support could be new resistance. Second, TSLA has made...
Ethereum Breaks Out to New Highs, Leaving Rivals Like Bitcoin in the Dust
Ethereum's hitting new highs today, becoming the first major cryptocurrency to break out after a two-week pullback in the space. ETHUSD touched $2,683 today, $37 above its peak on April 22. Meanwhile Bitcoin (BTCUSD) remained about 15 percent below its record high in...
The Fed Meets This Week as Business Roars Back from the Coronavirus Pandemic
The economy is roaring back to life, just in time for the Federal Reserve to keep interest rates low. No major change in policy is expected from the central bank on Wednesday. Fed Chairman Jerome Powell has repeatedly said inflation needs to go solidly above 2 percent...
Chart Study: Do You Know This Chipmaker Getting Close to Record Highs?
Micron Technology (MU) has stalled after a big rally. Is it time to buy the dip? The first pattern on the memory-chip maker's chart is the oversold condition on stochastics. Given its current uptrend, strong fundamentals and positive macro backdrop (GDP +6%), that...
Nio Could Be Attempting a Breakout Before Earnings Next Week: Chart Study
Nio was one of the top stocks in 2020, making even Tesla look like a savings bond. It’s pulled back hard and is now stabilizing with earnings around the corner. The biggest pattern is the 200-day moving average. Interestingly, TSLA bounced at this exact same line...
You Can Prepare for Earnings Season With These Powerful Tools on TradeStation
Earnings are expected to grow the most in a decade as Wall Street rebounds from last year's pandemic. Are you ready for the flood of quarterly results, which next week include major stocks like Apple and Tesla? More than one-third of the S&P 500 is scheduled to...
Technology & Communication
Metaverse, Cybersecurity, Big Data: A New World of Tech Stocks Has Emerged
Even before coronavirus fueled demand for technology, a new set of innovative growth stocks were emerging. Today we'll focus on some lesser-known companies in the emerging worlds of cybersecurity, big data, online marketing and virtual reality. It could be an...