Thursday, September 19, 2024

Technical Analysis: Exxon Mobil Could Be Stalling

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Energy stocks have dominated the market this year, but now the biggest of the bunch is showing signs of weakness: Exxon Mobil. The first pattern...

Where’s the Fear? VIX Keeps Sliding as Big Events Fail to Lift Volatility

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Cboe's "fear index" hasn't been showing a lot of panic lately. The Volatility Index ($VIX.X) declined steadily between mid-June and late July. That six-week slide...

Stocks Leapt Higher in July, But Will the Rally Continue this Month?

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Stocks just finished their best month in over a year. Can they keep running in August? The S&P 500 climbed 4.3 percent in the week...

Chart of the Day: Chinese Electric Car Stock Rallies and Pulls Back

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Most Chinese stocks remain well below their 52-week highs, but not Li Auto. Let's consider some of the patterns on the Beijing-based maker of electric...

Stocks Muscle Higher as Rate Hike Looms and Earnings Stream In

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Stocks are muscling higher before one of the busiest weeks of the year, packed with key earnings and a major Federal Reserve meeting. The...

This Food Stock Broke Out to New Highs. Now It’s Pulled Back

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General Mills has been a slow mover for years, but the Cheerios maker has gotten more interesting lately. The main pattern on today’s chart is...

Energy Could Be Stabilizing as Focus Shifts to European Natural Gas Crunch

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Energy stocks fell sharply in June as investors took profits on 2022's best-performing sector. Now they could be stabilizing as inventories tighten and Europe...

Stocks Just Defied the Bears as Attention Shifts from Inflation to Earnings Season

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Stocks are holding their ground as attention shifts from inflation to earnings season. The S&P 500 fell 0.9 percent between Friday, July 8, and Friday...

Chart of the Day: DIY Giant Tries to Break Out Before Key Data

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Home Depot could be attempting a breakout as investors await key industry data. The main patterns on today’s chart are the falling trendline and the...

A Key Semiconductor Stock Just Gave Tech Investors a Boost of Confidence

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Chip stocks are an important part of the market because of their wide use across the economy. Yesterday, a key player gave investors a...
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