Markets
Is a Monster Earnings Season About to Begin?

Is a Monster Earnings Season About to Begin?

Stocks could be on the verge of a monster earnings season as negativity fades and the economy shines. Per-share profits could increase as much as 38 percent, according to Factset. That would be the sharpest growth since 2010, when the Great Recession was ending. The...

Small Cap Index Is Holding a Potentially Key Level: Chart Study

Small Cap Index Is Holding a Potentially Key Level: Chart Study

The Russell 2000 ETF (IWM) had a strong move coming out of the vaccine news in November. It’s been consolidating for the last two months and now may be ready to continue higher. The main thing jumping out of today's chart is the 50-day moving average. IWM tested it in...

Dead Cat Bounce or Deep Value? Can You Guess April’s Mystery Stock?

Dead Cat Bounce or Deep Value? Can You Guess April’s Mystery Stock?

2021 has been a year of surprises, with many forgotten old stocks leading the market higher. This month's mystery stock is major example of that trend. It's up 38 percent on the year, more than quadruple the gain the S&P 500. This firm is also the top-performing...

Is Tesla Overvalued? Check Out These Stunning Comparisons to GM and Ford

Is Tesla Overvalued? Check Out These Stunning Comparisons to GM and Ford

Tesla is one of the most actively traded stocks in the market. It's one of the most expensive by various measures. Is it overvalued? This article will address the question by comparing Elon Musk's company with other major car makers. It will use common financial...

Another Healthy Pullback in Energy ETF?

Another Healthy Pullback in Energy ETF?

Energy is the strongest sector this year, but is down in the last month. Is it time to buy the pullback? This chart of the SPDR Energy ETF (XLE) has some interesting patterns. First are the candlesticks from March 23 and 25: an inverted hammer and then a normal...

Ethereum Builds Support Above $2,000 as Altcoins Gain Traction: Chart Study

Ethereum Builds Support Above $2,000 as Altcoins Gain Traction: Chart Study

The crypto market just passed $2 trillion of market cap thanks to a broad rally in altcoins. Now the top altcoin, Ethereum, may be poised for a move to new highs. The most important feature on ETHUSD’s chart is its breakout above the February high around $2,000,...

Check Out This Key Level Morgan Stanley Is Holding: Technical Analysis

Check Out This Key Level Morgan Stanley Is Holding: Technical Analysis

Financials are the second-best performing sector in 2021. Now one of the biggest names has pulled back to hold some key levels: Morgan Stanley (MS). MS dipped on the Archegos implosion last week, but reportedly faces no significant losses. That brought MS down to its...