Sectors
Sports Betting Is Back in Focus with NCAA Finals and MLB Weeks Away

Sports Betting Is Back in Focus with NCAA Finals and MLB Weeks Away

NCAA basketball is reaching its finale with the baseball season about to start. It's a great time revisit companies with exposure to sports betting. Led by stocks like Penn National Gaming (PENN) and DraftKings (DKNG), sports-betting is a new industry. It was made...

The Dow’s Smallest Member Has Pulled Back to a Trend Line

The Dow’s Smallest Member Has Pulled Back to a Trend Line

Travelers (TRV) doesn’t get much attention, but maybe it should. The insurance stock trended steadily upward since October. It made a new all-time high above $160 last week when Chubb (CB) bid for Hartford Financial (HIG). TRV quickly pulled back, creating a potential...

Technical Analysis: Don’t Forget About Chip Stocks

Technical Analysis: Don’t Forget About Chip Stocks

The Nasdaq is trying to stabilize, which could draw buyers back to semiconductors. Chip stocks like NXP Semiconductors (NXPI), Broadcom (AVGO) and Lam Research (LRCX) were some of the biggest gainers in the Nasdaq-100 last week. That helped push NDX ahead of the...

Tesla Stalls at Potentially Key Level As Competitors Make a Comeback

Tesla Stalls at Potentially Key Level As Competitors Make a Comeback

Tesla appears to be hitting resistance at $700 as sentiment pivots to legacy automakers like General Motors and Volkswagen. This chart highlights a few important patterns on Elon Musk's electric car maker: A trendline that began in May was broken in February. Rather...

Nike Could Be Trying to Break Out Before Earnings

Nike Could Be Trying to Break Out Before Earnings

Nike has taken a long pause, but now the sneaker giant may be trying to break out with earnings due Thursday afternoon. NKE beat estimates on December 21, eliciting a wave of bullish analyst notes. However the stock rallied before the report, and proceeded to ease...

Chart Analysis: Can Anything Stop Alphabet After Its Last Earning Report?

Chart Analysis: Can Anything Stop Alphabet After Its Last Earning Report?

Most of the Nasdaq took a beating lately, but not Alphabet . The parent of Google and YouTube has been standing tall since its bullish quarterly numbers on February 2. The report planted the stock above $2,000, and it's held that bullish price gap since. Apple,...

Apple Is Barely Holding Support. Should the Bulls Worry?

Apple Is Barely Holding Support. Should the Bulls Worry?

Apple rallied in December after holding $120. Now it’s back and threatening to break support at that level. The price action is part of the ongoing technical weakness in the smart-phone giant. It had a false breakout in January and a trend-line failure last month....