The stronger-than-expected Services PMI reported on Monday injected optimism into the stock market. There was also some relief as news hit that the April 2 implementation of tariffs may be scaled back. On Tuesday, however,…
Category:
Stocks
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Markets surged out of the gate Monday morning, with all three major U.S. indexes notching early gains. But after a bruising two-week rout on Wall Street, the question facing investors is whether stocks can sustain…
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In this video, Dave breaks down the upside bounce in the Magnificent 7 stocks — AAPL, AMZN, NVDA, and more — highlighting key levels, 200-day moving averages, and top trading strategies using the StockCharts platform.…
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Over the weekend it was announced that tariffs will be narrowing and possibly not as widespread as initially thought. Negotiations are continuing in the background and this seems to be allaying market participants’ fears. The…
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Energy Jumps to #2 A big move for the energy sector last week as XLE jumped to the #2 position in the ranking, coming from #6 the week before. This move came at the cost…
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If one word could characterize this week’s stock market price action, it would be “sideways.” At least it’s better than trending lower. The stock market seemed comfortable with the Federal Reserve’s message on Wednesday, but…
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Seeing that the earnings slate is light, this week we focus on certain stocks to watch during uncertain times. If you are jittery and risk-averse, we have two safer (boring) stocks, plus one tech stock…
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We wrote about the American Association of Individual Investors (AAII) poll results a few weeks ago. Since then the bearish activity on the chart has broken a record for the poll. Since the poll’s inception…
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The Zweig Breadth Thrust is best known for its bullish reversal signals, which capture a material increase in upside participation. There is, however, more to the indicator because traders can also use the “setup” period…
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After reaching an all-time around $540 in mid-February, the Nasdaq 100 ETF (QQQ) dropped almost 14% to make a new swing low around $467. With the S&P 500 and Nasdaq bouncing nicely this week, investors…