Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
Chart of the Day: Does ARK Innovation Have Downside Risk?
The ARK Innovation ETF has chopped in a range for the last two years, and some traders may expect a push back to longer-term lows. The first pattern on today’s chart is the rounded top in February and March. It was slightly below the peak of ... For more,...
Market Pulse: Walmart Holds the Trendline
Walmart has fallen by the wayside lately as investors focused on reopening stocks. But now it could be poised for a rebound as the coronavirus pandemic worsens. Click here to view the related idea and chart analysis on TradingView.
Tesla Joins the S&P 500 as the Coronavirus Pandemic Surges and the Economy Slows
Another milestone is coming for the stock market today as Tesla joins the world's most important index. TSLA is the biggest company ever added to the S&P 500, and will rank No. 5 by market cap. It will join consumer-discretionary sector, along with Amazon.com...
Market Pulse: The Greenback Is Crashing. All Kinds of Other Assets Are Going Up
The U.S. dollar is crashing, boosting all kinds of other assets. Many newer traders may not appreciate the importance of this trend because the last big phase of dollar weakness was 2003-2011. Downside in the greenback can have a very wide impact across the stock...
Market Pulse: General Motors Pulls Back
General Motors has been in the fast lane since the fourth quarter began. It’s now having its steepest pullback of the rally, offering momentum investors a potential opportunity. Click here to view the related idea and chart analysis on TradingView.
Bitcoin Breaks Out as Market Prepares for More Easy Money from the Federal Reserve
Bitcoin broke above $20,000 today for the first time ever, hours before the Federal Reserve readies another dose of monetary stimulus for a struggling economy. TradeStation data shows prices crossing that key line at 8:43 a.m. ET today. It was just one day less than...
Market Pulse: Bitcoin Is Trying to Break a Bullish Triangle
Bitcoin has moved sideways for most of December as it consolidated its October and November gains. But now the chart could point to further upside. Click here to view the related idea and chart analysis on TradingView.
Technology & Communication
Golden Crosses in Wireless Tower Stocks: Chart of the Day
Wireless-tower stocks have been in long-term uptrends as mobile devices and usage proliferate. American Tower is the largest of the three, followed by Crown Castle International and SBA Communications . AMT has moved sideways for the last year. It hit an all-time high...