Don't Ignore This Chart!August 13, 2024 at 05:56 PM
If you checked the StockChartsTechnical Rank (SCTR) report on Tuesday morning, you might have seen the massive spike in Starbucks' (SBUX) change in value of +62.3. It occupied the highest "Top Up" spot for the Large-Cap stocks category...Read More
Don't Ignore This Chart!August 07, 2024 at 05:22 PM
Oil prices are climbing after the EIA reported a surprise inventory crunch. Adding fuel to the fire? Tensions in the Middle East. WTI Crude has been trading in choppy motion since March 2023...Read More
Don't Ignore This Chart!August 06, 2024 at 01:53 PM
Just Another Manic Monday? On Monday, the Nasdaq plunged over 3%. With the S&P 500 dropping a similar amount and the Dow plummeting over 1,000 points (a 2.6% drop), it was the biggest one-day drop since September 2022...Read More
Don't Ignore This Chart!August 01, 2024 at 05:53 PM
In July alone, the iShares Russell 2000 ETF jumped upwards of 12%, outpacing the S&P 500, before retracing half that distance...Read More
Don't Ignore This Chart!July 31, 2024 at 09:22 AM
Nvidia (NVDA) was perhaps the most outstanding semiconductor trade of 2024. While some people might have missed out, there are still plenty of chances to get in. But it's also wise to look for a diversified alternative...Read More
Don't Ignore This Chart!July 25, 2024 at 05:43 PM
In late June, Gilead Sciences (GILD) stock surged following positive results of a late-stage trial for its latest HIV drug. The big market buzz was that Gilead was on the verge of something huge, and investors were not about to wait around for proof...Read More
Don't Ignore This Chart!July 23, 2024 at 06:16 PM
Almost everyone felt the ground shake on July 19 when security vendor CrowdStrike (CRWD) initiated a faulty software update that caused a Windows systems failure worldwide, and millions of screens displaying the infamous blue screen of death (a.k.a. BSOD)...Read More
Don't Ignore This Chart!July 18, 2024 at 06:13 PM
Homebuilder stocks are experiencing a significant rally as markets anticipate a rate cut in September, and possibly more before the end of 2024. What Triggered the Bullish Turn? Earlier this week, Fed Chair Jerome Powell hinted at rate cuts later this year...Read More
Don't Ignore This Chart!July 15, 2024 at 05:54 PM
Carvana (CVNA) stock has recently appeared in the StockChartsTechnical Rank (SCTR) Top 10 list, which makes it a stock worth analyzing...Read More
Don't Ignore This Chart!July 09, 2024 at 05:33 PM
Over the last few years, the "AI trade" has shifted from the hottest trend to a portfolio centerpiece. The rationale for the shift is obvious: it's hard to imagine future technology without AI...Read More