Don't Ignore This Chart! August 23, 2024 at 01:28 PM
Peloton's (PTON) stock soared over 38% on Thursday after the company posted positive free cash flow for the second quarter in a row—a first since 2021. Is the turnaround working? Maybe. But investors aren't waiting around—they're hopping on... Read More
Don't Ignore This Chart! August 20, 2024 at 06:46 PM
The House of Mouse has taken a serious nosedive over the last three years, having gone from a high of about $201 down to $89 and change—a 55% drop that feels like one of its roller coaster rides. Not exactly the thrill Disney shareholders were hoping for... Read More
Don't Ignore This Chart! August 16, 2024 at 08:00 AM
When the general market is recovering from a pullback, there can be great opportunities to buy on the dip. But how do you identify which stocks to buy? In making this critical judgment, the StockCharts Technical Rank (SCTR) can be an essential tool... Read More
Don't Ignore This Chart! August 13, 2024 at 05:56 PM
If you checked the StockChartsTechnical Rank (SCTR) report on Tuesday morning, you might have seen the massive spike in Starbucks' (SBUX) change in value of +62.3. It occupied the highest "Top Up" spot for the Large-Cap stocks category... Read More
Don't Ignore This Chart! August 07, 2024 at 05:22 PM
Oil prices are climbing after the EIA reported a surprise inventory crunch. Adding fuel to the fire? Tensions in the Middle East. WTI Crude has been trading in choppy motion since March 2023... Read More
Don't Ignore This Chart! August 06, 2024 at 01:53 PM
Just Another Manic Monday? On Monday, the Nasdaq plunged over 3%. With the S&P 500 dropping a similar amount and the Dow plummeting over 1,000 points (a 2.6% drop), it was the biggest one-day drop since September 2022... Read More
Don't Ignore This Chart! August 01, 2024 at 05:53 PM
In July alone, the iShares Russell 2000 ETF jumped upwards of 12%, outpacing the S&P 500, before retracing half that distance... Read More
