Individuals Institutional

Call toll-free 800.328.1267

Market Insights

Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.

Markets
Chart of the Day: More Downside in Energy ETF?

Chart of the Day: More Downside in Energy ETF?

Energy was the only the only major sector to fall last month. Is there more downside risk? The first pattern on today's chart of the SPDR Select Sector Energy Fund is the November 6 close of $85.70. XLE ... For more, please click here to view the...

Megacaps Lag as Stocks Keep Rising. Has the Great Rotation Begun?

Megacaps Lag as Stocks Keep Rising. Has the Great Rotation Begun?

Money is streaming into abandoned corners of the stock market as yearend approaches. Are investors finally shifting away from megacap growth names like Apple and Microsoft? The S&P 500 rose 0.8 percent between Friday, November 24, and Friday, December 1. It was...

Stocks Jumped in November as Sentiment Quickly Turned Bullish

Stocks Jumped in November as Sentiment Quickly Turned Bullish

Stocks ripped higher in November as extreme pessimism morphed into confidence about interest rates and inflation. The S&P 500 surged 8.9 percent between October 31 and November 30, its biggest monthly gain since July 2022. The index is back near peaks from the...

Nvidia Is Sitting Quietly After Another Strong Report

Nvidia Is Sitting Quietly After Another Strong Report

Nvidia is the only member of the S&P 500 that's tripled this year. Now it's stuck near record highs as traders enter the home stretch into 2024. This chart highlights some a few patterns on the semiconductor giant. First, notice how prices have shown signs of...

Chart of the Day: Gold is Pushing $2,000

Chart of the Day: Gold is Pushing $2,000

Gold has consolidated for more than two years, and now it may be inching toward a breakout. The first pattern on today’s weekly chart is the rally in October between roughly $1,812 and $2,000. That move broke a falling trendline from the summer when bond yields were...

Confidence or Complacency? Fear Index Returns to Pre-Covid Levels

Confidence or Complacency? Fear Index Returns to Pre-Covid Levels

Stocks continued their winning streak last week as the market sees a potential return to normal following years of turmoil. The S&P 500 rose 1 percent in the Thanksgiving-shortened period between Friday, November 17, and Friday, November 24. It was the fourth...

The Nasdaq Pushes Weekly Highs. Are Rate Cuts in the Cards?

The Nasdaq Pushes Weekly Highs. Are Rate Cuts in the Cards?

Stocks are nearing key highs on optimism the Federal Reserve is finished raising interest rates. The S&P 500 rose 2.2 percent between Friday, November 10, and Friday, November 17. It was the third consecutive positive week, landing the index back near peaks from...

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...

Breadth Widens as Soft Landing Goes Mainstream: Market Trends

Breadth Widens as Soft Landing Goes Mainstream: Market Trends

Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 trendline breakout improves weekly technicals. Potential resistance around 4500-4515: Weekly peak from...