Cisco (CSCO) is showing leadership qualities again as it breaks out of a classic bullish continuation pattern and hits a new high. The chart below shows CSCO forming a cup-with-handle pattern, which was popularized by…
Category:
Stocks
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The market’s leadership is changing, just in time for the Fed’s next rate increase. And the stocks of companies where there are tight supplies of products look poised to make a big move. The market…
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Stocks
Week Ahead: NIFTY Prone To Consolidation At Higher Levels; Stay Selective and Protect Profits
It is exactly a month when the NIFTY staged a major breakout by crossing above the previous high point of 18887; this time, it was the fourth week in a row when the markets extended…
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Last week, the number of companies reporting earnings expanded, with heavyweight names Tesla (TSLA) and Netflix (NFLX) getting the most attention. Both companies sold off sharply on Thursday despite beating estimates. The selling spread to…
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In this episode of StockCharts TV‘s The Final Bar, guest Jesse Felder of The Felder Report joins us in the studio to present the bullish case for gold based on price pattern analysis as well as a…
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In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the impact of Tesla (TSLA) and Netflix (NFLX) earnings and how this may translate into next week, ahead of more mega-cap quarterly results. She also…
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The market has been very strong — even the DIA just broke out — but we still need to know when tickers get overbought and its time to take profits. On this week’s edition of…
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The next couple of weeks should prove to be an exciting time for the stock market. Technology stocks will be dominating the earnings calendar, with Microsoft (MSFT), Alphabet (GOOGL), and Meta Platforms (META) reporting on…
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Starting on Jan. 8, 2023, much of California experienced flooding and mudslides due to much greater-than-normal rainfall. As a result of those weather events, the IRS announced that an extension would be granted to most Californians…
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The Home Construction Index (ITB) has been in a solid “Go” trend since June moving within a rising trend channel, and correcting today to the lower bound. In this edition of the GoNoGo Charts show,…