Markets
Chart of the Day: Lululemon Could Be Running

Chart of the Day: Lululemon Could Be Running

Lululemon spent more than half of 2023 in a range, but now it could be starting to run. The first pattern on today’s chart is the bullish gap after LULU was added to the S&P 500 last month. The stock pulled back in late October, made a higher low and proceeded to...

Nasdaq Powers to 3-Month High as Fears Keep Dissolving

Nasdaq Powers to 3-Month High as Fears Keep Dissolving

Big growth stocks are continuing their rebound as fears dissolve and investors put money to work before yearend. The S&P 500 rose 1.3 percent between Friday, November 3, and Friday, November 10. The index was little changed for most of the week before clawing...

Chart of the Day: Netflix Consolidates After Earnings Surge

Chart of the Day: Netflix Consolidates After Earnings Surge

Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's chart is the bullish gap on October 19 following the quarterly report. Prices cleared a peak of $394.90...