Tag: stock chart analysis
Key Stock Market ETFs Price Support and Resistance Analysis into May...
Last Thursday the S&P 500 (SPY) and the Nasdaq 100 (QQQ) tested new highs and then gapped lower on Friday showing that the market...
US Oil Fund ETF (USO) Eyeing New Highs
Crude oil prices raced higher from late October to early March this year.
After a multi-week move lower, traders wondered if the crude oil rally...
Perhaps Inflationistas Should Be Watching Crude Oil?
Commodities prices have risen rather sharply over the past 12-18 months, adding to worries of pricing pressure and inflation.
As you can see in the...
Crude Oil Futures Bullish Reversal Higher Targeting $70
I am bullish on Crude oil futures for a trade here, following this week's reversal higher.
The price of crude oil futures held above the...
Alphabet (GOOGL) Earnings Insights, Analysis, and Takeaways
Alphabet (aka Google) reported corporate earnings after the market close on Tuesday. The report was solid, sending shares of $GOOGL higher.
Google is seeing various...
Are Rising Commodities Causing Investors to Worry About Inflation?
This week, three of the major stock market indices (represented here as ETFs), including the Nasdaq 100 (QQQ), Dow Jones Industrials (DIA), and the...
Nasdaq 100 (QQQ) Short-Term Trading Outlook
Is the Nasdaq 100 losing steam after reaching marginal new highs?
Or does it have one last move "trading" higher before a stronger pullback?
Today's chart...
$XOP Oil and Exploration ETF Triggers Breakout Buy Trading Signal
The Oil and Gas Exploration ETF (XOP) is back on our buy list after turning up from MOB band price support.
This comes right on...
Depressed Cannabis Stocks Ready To Move Higher
Cannabis is an industry that we are watching closely right now. It was a key theme from our weekly webinar, though it's admittedly one...
Are U.S. Stock Indices Poised for Powerful Move Higher Monday?
The Russell 2000 (IWM), Nasdaq 100 (QQQ), Dow Jones (DIA) and the S&P 500 (SPY) all have the potential to make large moves Monday,...
