Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
Oil and War Are Not the Only Stories in the Market
Is a crypto revolution taking place as attention focuses on war in the Middle East?
This Social Media Stock Has Pulled Back Following a Breakout
Recent weeks have seen breakouts in smaller social-media stocks like Twitter and Snap , which have both pulled back. Today we’re looking at TWTR . Jack Dorsey’s microblogging service didn’t only beat earnings and revenue estimates on February 9. It also showed...
Tool Makers Form High Basing Patterns as the Economy Recovers: Technical Analysis
Attention is shifting toward industrials as technology and the Nasdaq struggle. Two companies in the space have potentially bullish patterns: Illinois Tool Works (ITW) and Stanley Black & Decker (SWK). ITW is the larger company with a market cap of about $68...
Tesla Causes QQQ’s Worst Showing in a Generation: This Chart Shows the Dramatic Shift Taking Place
The rotation away from large Nasdaq stocks like Tesla has intensified, resulting in the market's biggest divergence since the dotcom bubble broke a generation ago. Here's a weekly chart of the Invesco QQQ Trust (QQQ). The lower study shows its relative strength versus...
Industrial Stocks Are Breaking Out as the Economy Roars Back from Coronavirus
Industrial stocks are breaking out as the strengthening economy draws capital away from large technology stocks like Apple and Amazon.com. The SPDR Industrial ETF (XLI) set a new all-time closing high on Friday, while the SPDR Technology ETF (XLK) slid for a third...
What Are Value Stocks? Why Are They Suddenly Important?
Value stocks are surging in 2021 as the market positions for the economy to rebound. It's a big change from recent years, when so-called growth stocks like Apple and Facebook dominated. Retail investors with less experience may be struggling to adjust because they're...
DraftKings Could Be Attempting a Breakout as Sports Betting Spreads: Technical Analysis
On bearish days like we’ve had lately, it can be useful to look for stocks lurking near highs because they often break out when calm returns. DraftKings seems to fit that bill. First, consider how the sports-betting stock formed a large bullish ascending triangle...
Technology & Communication
The Nasdaq-100 Rebounds After a Brutal January: What Does the Chart Say?
The Nasdaq-100 has rebounded following a sharp drop. It's a good time to consider where things stand with the tech-heavy index. First, Wednesday's close represented almost exactly a 50 percent retracement of the decline from December 28 through January 24. Second,...