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On the 4-hour chart of the Hang Seng, the Tenkan-sen line is above the Kijun-sen, with the red line pointing upward while the blue line remains horizontal. The Chikou Span line is above the price...
S&P Emini Pre-Open Market Analysis The S&P Emini is getting a bull breakout of the bear flag (April 19th low and April 29th high). At the moment, the market is Always In Long, and will likely...
Disney issued mixed results, and shares fell 5%, but this is a sell-the-news event for dip buyers. Cash flow and FCF exceeded expectations and led the company to increase its profit guidance by 500...
Monday’s trading session was bullish, with the S&P 500 index gaining 1.03% and closing the highest since April 11. Last Friday, the index gained 1.3% following a 0.9% advance on Thursday....
Uber is set to report earnings tomorrow. Investors will be eying revenue figures alongside key metrics like bookings. Can the ride-sharing giant deliver? Invest like the big funds for under $9/month...
The upside momentum in the US stock market so far this year continues to be led by rallies in communications services and energy shares, based on a set of ETFs through Monday’s close (May 6)....
Earnings season is winding down, with the Magnificent 7 tech giants mostly exceeding expectations. In this piece, we will analyze their performance and future outlook using InvestingPro. Meanwhile,...
The sector has an exciting outlook and expects revenues of 580 billion by 2027. Meanwhile, Puig, a luxury brand is set to debut in the stock market. Apart from the IPO, we will also take a look at 3...
While I was looking for zig-zag measured moves lower for the S&P 500, Nasdaq and Russell 2000 (IWM). All of these indexes did a good job of pushing out of bearish patterns and setting up for...
The market rallied over 1% on Friday on a much worse than expected jobs report. And, I had a financial television show on in the background after the close, and I heard the host state the following...
The S&P 500 ticked up about half a percentage point last week to 5,128, marking the second straight week of gains for the large-cap index.All of the major indexes gained last week, led by the...
It gets almost no press, but with a lot of the mega-cap tech, consumer discretionary, and communication services stocks still not trading at all-time-highs, it’s interesting to note that just...
I have used monthly charts to determine support and resistance levels.Moreover, this timeframe is often the best indicator for either the end of a countermove or the start of a bigger megatrend. The...
Although the broader markets are witnessing some selling pressure from the last couple of sessions, these are the times to hunt for your favorite counters. In the beaten-down space, investors should...
As a trader or investor, the weekly chart is a great tool to get a big picture of any market or instrument. It helps to eliminate price fluctuations caused by fundamental releases and news, giving us...