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Investors may be pivoting to old-economy stocks as a new month begins and the market continues higher. The S&P 500 rose 1.8 percent in the holiday-shortened period between Friday, May 26, and Friday, June 2. The broad index outperformed the technology-heavy...
Stocks rose for a third month in May, fueled by an explosive rally in chipmakers and artificial intelligence. The S&P 500 briefly dipped below its April low but quickly rebounded to end the month up 0.2 percent. The Nasdaq-100 surged 8 percent, its third monthly...
Stocks keep rising as artificial intelligence revives interest in technology and growth stocks. Last week's big mover was AI leader Nvidia. The semiconductor giant jumped 25 percent after forecasting revenue far above consensus estimates. It closed at a record high...
Downloads are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 holds middle of 4050-4187 range Debt ceiling may increasingly overshadow technicals into June 1 Potential support at 50-day MA at 4090 20 level on VIX is...
Semiconductor stocks have been moving lately. Today’s chart focuses on memory-chip producer Micron Technology. The first pattern to consider is the level around $64.30. MU peaked near this price in November, January, March and April. A breakout followed in mid-May...
Stocks are challenging their highs for the year as investors wait for Congress to raise the national debt limit. The S&P 500 rose 1.6 percent between Friday, May 12, and Friday, May 19. It was the biggest gain in the last seven weeks as the index reached its...
TradeStation's award-winning platform offers countless tools for staying on top of the market. Today we'll consider "ShowMes" on intraday charts. ShowMes are indicators telling you when something happens. They show events like new highs or certain candlestick types....
Growth stocks like Alphabet are leading again as inflation continues to fade. The S&P 500 slid 0.3 percent between Friday, May 5 and Friday, May 12, while the Nasdaq-100 rose 0.6 percent. It was the third consecutive week that the technology-heavy Nasdaq...
Downloads are available here. Register for Market Trends here. Sizing Up the S&P 500 Current range: 4050 to 4187Kicker candlestick on FridayConsecutive weekly lows around 4050 suggest higher support in placeIndex holding near top of range, above 10-day...