Market Insights
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Bulls Pivot from Rate Cuts to Economic Growth: Market Trends This Week
Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 holds 50% of March 15-22 weekly move, March 8 high Trio of key patterns remain: Holds rising...
Market Pulse: Amgen Nears a Death Cross
Many stocks have hit new highs this month, but Amgen isn’t one of them. Click here to view the related idea and chart analysis on TradingView.
General Motors Is Accelerating as Pickups Drive Profit Surge
Electric cars have been a major story this year, but legacy automaker General Motors is also on the move. GM has taken off since the end of the summer as a combination of bullish forces drive its stock to the highest level in over two years. It marks a victory for CEO...
Market Pulse: Ethereum Is Approaching Key Highs
As we mentioned yesterday, Bitcoin has been running toward new highs. Now Ethereum is on watch. Both cryptocurrencies have grappled with resistance from their consolidation over the last three years. BTCUSD broke above its June 2019 high at the start of this month and...
Market Pulse: Can United Parcel Keep Delivering?
United Parcel Service has been one of the bullish surprises of 2020 and the coronavirus pandemic. Trend followers may return after this pullback. Click here to view the related idea and chart analysis on TradingView.
Nio Earnings Are Tomorrow. Here Are Key Milestones on Its Run
Chinese electric-car maker Nio has been one of the biggest gainers in 2020. Tomorrow afternoon is a key moment because quarterly earnings are due. While the Google Trends shows NIO's popularity taking off in June, there were early signs of its potential to climb. In...
Market Pulse: Bitcoin at 34-Month High as Anthony Scaramucci Targets Cryptocurrencies
Bitcoin broke above $16,000 today for the first time since January 2018. Here are a few incremental positives. Cointelegraph reported that SkyBridge filed a prospectus with the SEC on Friday. It said capital could be allocated to "companies providing technologies...
Technology & Communication
Chart Study: Do You Know This Chipmaker Getting Close to Record Highs?
Micron Technology (MU) has stalled after a big rally. Is it time to buy the dip? The first pattern on the memory-chip maker's chart is the oversold condition on stochastics. Given its current uptrend, strong fundamentals and positive macro backdrop (GDP +6%), that...