Stocks
Art of TradeStation: Go Deeper With Market Breadth

Art of TradeStation: Go Deeper With Market Breadth

Market breadth analyzes the strength of the overall market by showing how stocks are performing in aggregate. It's a kind of technical analysis that looks deeper than the simple price performance of market-cap weighted major indexes like the S&P 500 and...

Chart of the Day: Can Anything Stop Hess?

Chart of the Day: Can Anything Stop Hess?

Energy remains the top-performing sector this year. Today we're focusing a member of the group with potentially classic breakout behavior: Hess. The first pattern on the oil and gas stock's chart is the is the October 26 surge above $137. That was the previous...

Stocks Try to Bounce Before a Huge Week of Earnings

Stocks Try to Bounce Before a Huge Week of Earnings

Stocks are trying to bounce as investors await key earnings and hope for slower rate hikes. The S&P 500 rose 4.7 percent between Friday, October 14, and Friday, October 21. It was the biggest weekly gain since June, with every major sector advancing. More than...

Chart of the Day: Is Walmart Squeezing Toward a Breakout?

Chart of the Day: Is Walmart Squeezing Toward a Breakout?

Walmart has squeezed into a tight range after a big drop in the spring. Now some traders may be looking for a potential breakout. The main pattern on today’s chart is the falling trendline along the highs of April, August and September. WMT remained consistently below...