$NVDA flashed yet one more bad sign! #technicalanalysis #stockmarket

1 day ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

$NVDA flashed yet one more bad technical sign in an extended topping process. Should I still plan to buy at $750? The technicals just keep getting worse and worse and this evening $META collapsed 17% (so far) to essentially fill the gap up from its last earnings report. #stockmarket #technicalanalysis #nvidia #nvda

April Vehicle Sales Forecast: 15.8 million SAAR, Up 1% YoY

1 day ago by Calculated Risk @ Calculated Risk

From WardsAuto: April U.S. Light-Vehicle Sales to Start Second Quarter with Lukewarm Growth (pay content).  Brief excerpt:The second quarter will be key to 2024’s total results, as demand must continue growing during April-June for the entire year to top 16 million units for the first time in five years. The period could be a leading indicator of how much automakers ultimately are willing to lay off incentives and other forms of discounting, vs. implementing production slowdowns, to keep inventory in check if demand does not pick up significantly. emphasis added<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXfU6U5kTKefhYpNzqgxw6_c5BwFGh0zvjmyZ4SLHQJtCcKYITQPk6HT5P-3iAF4sq5FtdnSy7z_j4kvU6NVfeLWaBcuuHkryXlWPoYuXCVvGuNQmTafJX2w0K4Qjshk3EqJEkwI-21vaJs4GuN1...

Three Sectors Are Showing Strength, Three Are Not

1 day ago by StockCharts TV @ StockCharts.com YouTube Channel

April 24, Final Bar host David Keller, CMT welcomes Ryan Redfern, ChFC CMT of Shadowridge Asset Management. David highlights companies reporting earnings this week, including TSLA, V, ENPH, STLD, STX, ODLF, and GD. Ryan shares key levels to watch on the S&P 500, along with a breakdown of three sectors showing strength along with three sectors suggesting more weakness ahead. 🧐 Dave's "Mindful Investor" ChartList: https://schrts.co/TTCbWDpE 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP. ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe here: https://tinyurl.com/wvet7qj 00:00 Welcome to the Show! 01:45 Market Recap 09:12 S&P 500 Index ($SPX), NYSE McClellan Oscillator ($NYMO), Bitcoin to US Dollar ($BTCUSD) 14:33 Tesla (TSLA), Visa Inc (V), Enphase Energy (ENPH) 16:32 Steel Dynamics (STLD...

Index bounces reach a pause point

1 day ago by noreply@blogger.com (Declan Fallon) @ Fallond Picks

The relief bounce for indices finally hit the first potential reversal point with 'black' candlesticks in the S&P and Nasdaq, and a bearish harami cross for the Russell 2000 ($IWM). Trading volume in the Russell 2000 was lighter than previous days, a positive sign for those looking for more from this bounce. Momentum indicators have moved out of an oversold state, although I like to see a cross of the mid-line before I consider the situation to be under the control of bulls. <img alt="" border="0" data-original-height="750" data-original-width="620" src="https://blogger.googleusercontent.com/img/b...

Orange S.A. - Why The Company Is Still Attractive Here

1 day ago by SA Editor's Picks

ORAN

A Forex Stick for Stock Market Bulls

1 day ago by Ian Culley @ All Star Charts

From the Desk of Ian Culley @IanCulley Did you see the candlestick in the Mexican peso last Friday? It was all wick! The way I learned it, you want to trade in the opposite direction of blow-offs like this.  That means betting on a stronger peso and an end to the stock market correction. Check […] The post A Forex Stick for Stock Market Bulls appeared first on All Star Charts.

ASC

Philly Fed: State Coincident Indexes Increased in 44 States in March (3-Month Basis)

1 day ago by Calculated Risk @ Calculated Risk

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for March 2024. Over the past three months, the indexes increased in 44 states, decreased in five states, and remained stable in one, for a three-month diffusion index of 78. Additionally, in the past month, the indexes increased in 41 states, decreased in two states, and remained stable in seven, for a one-month diffusion index of 78. For comparison purposes, the Philadelphia Fed has also developed a similar coincident index for the entire United States. The Philadelphia Fed’s U.S. index increased 0.7 percent over the past three months and 0.3 percent in March. emphasis added Note: These are coincident indexes constructed from state employment data. An explanati...

Hot Corner Insider Weekly Strategy Session – April 24, 2024

1 day ago by David @ All Star Charts

This is the video recording of the April 24, 2024, Hot Corner Insider Weekly Strategy Session.   The post Hot Corner Insider Weekly Strategy Session – April 24, 2024 appeared first on All Star Charts.

Wednesday links: the shelf life of a stock

1 day ago by abnormalreturns @ Abnormal Returns

Is Agriculture ETF (DBA) Ready To Break Out And Send Bearish Message To Bonds?

1 day ago by Chris Kimble @ Kimble Charting Solutions

To be successful, active investors have to watch (and create) indicators that the mainstream media do not follow. Trading is hard, requiring discipline and a strict set of rules. Today, we look at a unique set of sectors and their binary price action: “Monthly” charts of the Invesco Agriculture ETF (DBA) versus the 20+ Year […]

DBA

AIA: "Architecture firm billings retreat further in March"; Multi-family Billings Decline for 20th Consecutive Month

1 day ago by Calculated Risk @ Calculated Risk

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI March 2024: Architecture firm billings retreat further in MarchBusiness conditions at architecture firms softened in March, as the AIA/Deltek Architecture Billings Index (ABI) score declined to 43.6 for the month. This marked the 14th consecutive month of declining billings at firms as inflation, supply chain issues, and other economic challenges continue to affect business. While inquiries into new projects have continued to grow during that period, it has been at a slower pace than in 2021 and 2022. More notably, the value of new signed design contracts was flat in March, which has generally been the trend for the last year and a half. This shows that clients are interested in starting new projects but rem...

Is Agriculture ETF (DBA) Ready To Break Out?

1 day ago by Chris Kimble @ See It Market

To be successful, active investors have to watch (and create) indicators that the main stream media do not follow. Trading is hard and it requires discipline and a strict set of rules. Today we look at a unique set of sectors and their binary price action: “Monthly” charts of the Invesco Agriculture ETF (DBA) versus […] The post Is Agriculture ETF (DBA) Ready To Break Out? appeared first on See It Market.

DBA TLT

Pinpoint Next Buying Opportunity in SPY

1 day ago by StockCharts TV @ StockCharts.com YouTube Channel

April 24. Joe Rabil of Rabil Stock Research uses the MACD to analyze SPY and shares what to look for to find the next buy point. Joe then analyzes stocks including ADBE, XOM, and CRM. Send your symbol requests to stocktalk@stockcharts.com 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 Trading Lesson 08:07 Joe's Trading Courses https://www.rabilstockresearch.com 08:30 S&P 500 ETF (SPY) 10:16 QQQ Trust (QQQ) 12:21 Russell 2000 ETF (IWM) 13:10 Adobe (ADBE) 15:52 Exxon (XOM) 17:12 Salesforce (CRM) 18:18 Braskem (BAK) 20:35 EMX Royalty (EMX) 21:39 Palantir (PLTR) Connect with Joe: https://rabilstockresearch.com Email joe@rabilstockresearch.com https://www.linkedin.com/in/rabilstockresearch/ Symbol Reque...

Wall Street Lunch: Boeing Loss Narrows

1 day ago by SA Wall St. Breakfast

BA HAS RILY T

Hercules Capital: Winning Option In The Financial Services Space

1 day ago by SA Editor's Picks

BLUE HTGC

Mindset is more important than trading strategy

1 day ago by Michael Martin @ MartinKronicle

Watch this video on YouTube I think you can see now that mindset in many ways is more important than strategy because look, there’s so many ways that you could blend colors, right? At the end of the day, if you don’t have any impulse control, oh, look at this. Here’s a comment. First of […] The post Mindset is more important than trading strategy first appeared on MartinKronicle. The post Mindset is more important than trading strategy appeared first on MartinKronicle.

Boeing Production Issues Weigh on Manufacturing Order Trends: Apr. 24, 2024

1 day ago by Jose Torres @ IBKR Traders’ Insight

Equity bulls are struggling to achieve a third consecutive day of gains while looking ahead to an economic calendar featuring potential market moving catalysts in the coming days.

TSLA – Falling Upward and Trusting Your Gut; Plus META

1 day ago by Steve Sosnick @ IBKR Traders’ Insight

Yesterday, we took our customary look at market pricing in Tesla (TSLA) options ahead of that company’s earnings. It’s a good thing for the TSLA faithful that this is the rare company that can miss on almost every financial metric yet still rally.

Personal finance links: knowing what you want

1 day ago by abnormalreturns @ Abnormal Returns

Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why...

Adults Are Taking Over The Energy Transition

1 day ago by Simon Lack @ IBKR Traders’ Insight

Progressives will maintain that the planet is on track to burn up, but realists will see an unfolding positive story. Transitioning our energy systems is incredibly expensive, slow and inflationary.

ESG