The success of electric-vehicle makers like Tesla and Nio is spreading bullishness across the entire automotive sector. The DJ Automobile Manufacturers Index ($DJUSAU) has gained 88 percent in the last three months. That's the biggest gain of more than 150 industry...
Anyone can place trades, but managing them can be a lot more difficult. That's one reason why bracket orders exist. Bracket orders let investors buy an asset and simultaneously create two sell orders. Entries and risk management are combined into a single task, saving...
Netflix and Intel reported strong results this week as earnings season marches toward the major tech stocks. Netflix's (NFLX) fourth-quarter results cleared two major hurdles that had been worrying investors. First, strong subscriber growth dispelled worries about...
Housing is running at its strongest levels since the summer of 2006, according to numbers today. Here's today's report from the Commerce Department: December housing starts totaled 1.669 million (annualized). That beat the 1.56 million estimate and was the highest...
The U.S. dollar index has been in a steady downtrend since May. It paused after breaking a short-term trend line on January 8, but the bearish pressure continues. Click here to view the related idea and chart analysis on TradingView.
Stocks pulled back last week as big Nasdaq stocks like Tesla stalled and investors looked for opportunities in newer names like General Motors. The S&P 500 slid 1.5 percent between Friday, January 8, and Friday, January 15. It was the index's sharpest decline...
General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. General Motors (GM), weekly chart, with relative strength bars compared with Tesla (TSLA). This chart compares the price action of GM with Tesla...
Energy is the top performing sector this year by a wide margin. The SPDR Energy ETF (XLE) has advanced 13 percent so far in 2021, compared with a 0.3 percent gain for the S&P 500. Hopes about the economy reopening and a rebound in China are obviously parts of the...
The recent price action in Bitcoin seems to highlight the importance of two simple moving averages (SMAs): the 50-hour SMA and the 100-hour SMA. Click here to view the related idea and chart analysis on TradingView.