Market Insights
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Stocks Get Stuck as Trade Worries Return
Stocks might be stuck as trade worries return and earnings season ends.
Stocks Just Had Their Worst Week Since the Election as General Motors Out-Dazzled Tesla
Stocks pulled back last week as big Nasdaq stocks like Tesla stalled and investors looked for opportunities in newer names like General Motors. The S&P 500 slid 1.5 percent between Friday, January 8, and Friday, January 15. It was the index's sharpest decline...
Tesla or General Motors? Check Out This Stunning Chart
General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. General Motors (GM), weekly chart, with relative strength bars compared with Tesla (TSLA). This chart compares the price action of GM with Tesla...
Market Pulse: Energy Hasn’t Done This Since the Pandemic
Energy is the top performing sector this year by a wide margin. The SPDR Energy ETF (XLE) has advanced 13 percent so far in 2021, compared with a 0.3 percent gain for the S&P 500. Hopes about the economy reopening and a rebound in China are obviously parts of the...
Market Pulse: Positive Signals from Bitcoin’s Big SMAs
The recent price action in Bitcoin seems to highlight the importance of two simple moving averages (SMAs): the 50-hour SMA and the 100-hour SMA. Click here to view the related idea and chart analysis on TradingView.
Market Pulse: Ethereum Is Holding Levels From 3 Years Ago
Ethereum's recent price action might look like normal consolidation. But it's actually holding some important levels from almost three years ago. Click here to view the related idea and chart analysis on TradingView.
Banks Including JPMorgan and Citi Pull Back as Earnings Season Begins
Traders are taking profits in the banks as earnings season begins. JPMorgan Chase (JPM), Citi (C) and Wells Fargo (WFC) announced quarterly results today. While their numbers were mixed, their price action wasn't. All three had rallied into the reports as investors...
Technology & Communication
Facebook, Amazon.com Miss, Apple Struggles with Supply Chain, Microsoft Jumps: Earnings This Week
Quarterly results from Apple, Amazon.com and Facebook came up short this week, but Microsoft and Alphabet jumped to new highs. It was the busiest period of earnings season, with five of the market's six biggest companies issuing numbers. (Tesla was last week.) Most...