Are Semiconductors Flashing Green Light For Tech Stocks?
When there is bull market in tech stocks, there is likely to be leadership from the semiconductor sector.
In fact, one might argue that the...
Stock Market Rallies But Bulls Have Hurdles To Clear
The S&P 500 Index rallied 0.84% on Tuesday while closing near the highs of the day. As well, oil prices finally cooled off and...
Is Biotech Sector (IBB) Looking for Major Price Move?
The past four trading days have held roughly the same price areas within the major indices.
Specifically, the S&P 500 (SPY) and the Nasdaq 100...
Will Stock Market Break Out Above Monday’s Inside Day Pattern
Monday mainly showed consolidation within the major indices.
The Russell 2000 (IWM) spent most of its time within Friday’s price range along with the S&P...
Energy Sector ETF $XLE Long-Term Breakout? (Implications)
The rebound in crude oil has been vicious. And while crude oil was rising, so were U.S. equities.
And this inevitably means that energy stocks...
Will Nasdaq Weakness Abate… Or Accelerate This Year?
Tech stocks have gotten off to a poor start this year, as investors continued their buying strike against growth stocks.
This is exemplified in today's...
Why High Yield Corporate Debt (JNK) Needs to Fill the Gap
Friday ended on a positive note with the Dow Jones (DIA) and the S&P 500 (SPY) holding over their 200-day moving averages.
Alongside, Bitcoin has...
Gold and Euro Bulls Hope Trend Line Support Holds!
The price of Gold has been moving sideways-to-lower for months now.
But this consolidation is nearing a potential inflection point.
Today's chart 2-pack highlights the...
Stock Market Bulls Neutralize Bears, But More To Prove
The S&P 500 Index rallied on Tuesday, closing near the highs of the session for the third straight day. Futures are pointing higher into...
3 Important Price Levels For Nasdaq 100, Russell 2000, and Bitcoin
The stock market has rallied right into resistance along with Bitcoin teetering at its 39k price level.Â
However, the market is holding its current trading...
