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American Tower: Old Resistance, New Support at Key Line?

American Tower: Old Resistance, New Support at Key Line?

American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector. It’s been in a long-term uptrend thanks to the spread of wireless communications, having doubled between early 2017 and early 2019. It hit new all-time highs last...

Stunner: Intel Is Outperforming Advanced Micro Devices

Stunner: Intel Is Outperforming Advanced Micro Devices

Intel or AMD? The question is almost as old as "Coke or Pepsi?" For years, the two have battled for leadership in the semiconductor market and the stock market. Intel mostly led coming out of the financial crisis but started falling behind in 2016. Now, the charts...

Financial ETF Is Attempting a Historic Breakout as Interest Rates Rise

Financial ETF Is Attempting a Historic Breakout as Interest Rates Rise

The SPDR Financial ETF quietly did something historic last week: It closed at the highest price ever. This is a big deal because XLF has been trapped at resistance running back to 2007 (before the subprime crisis). It was trying to break the old highs around $31...

Volatility Closes at Post-Covid Low as Confidence Sweeps the Market

Volatility Closes at Post-Covid Low as Confidence Sweeps the Market

The "fear index" just broke 20 for the first time in almost a year. It was one of several milestones suggesting the market sees further recovery from last year's coronavirus pandemic. Cboe's volatility index fell 0.9 point this week to 19.97. It was the lower close on...

Twitter Steals the Show This Week on Signs of Advertising Breakthroughs

Twitter Steals the Show This Week on Signs of Advertising Breakthroughs

Twitter is having its best week in six years as its advertising business finally starts to gain traction. Twitter (TWTR) is up 27 percent since Friday, February 5. That makes it the best-performing member of the S&P 500 for the period. It's also the biggest weekly...