We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation. Note the very low percentages on %Stocks
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending some indecisive sessions during the week. The week that went by saw some early signs of the Nifty entering into broad corrective consolidation while ending near its
Uncertainty has continued in September after August left investors scratching their heads. In the tech sector, Bitcoin and Ether prices remained rangebound this week on waning investor interest, while Broadcom’s (NASDAQ:AVGO) latest quarterly report, contributed to the cautious sentiment among market participants. Tesla (NASDAQ:TSLA) also made headlines
S&P 500 and Nasdaq under heavy bearish pressure this week A new weekly low for the S&P 500 index was formed today at the 5457.6 level Today, the Nasdaq retreated to 18663.4 to a new weekly low S&P 500 chart analysis A new weekly low for the S&P 500
I’ve been around long enough to remember when Intel (INTC) was the NVIDIA of the day. Now, INTC is under severe pressure, having suspended its dividend, and is currently being considered for removal from the Dow 30 Industrial Average. Oh, how the mighty have fallen! With
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation. Note the very low percentages on %Stocks
After a week of wavering action, the stock market made a directional move—a lot lower—after Friday’s jobs data. Investors are concerned about the economy, and the narrative has switched from inflation worries to thinking that perhaps the Fed is too late in cutting rates. Today’s MarketCarpet
In this StockCharts TV video, Mary Ellen reviews the current downtrend taking place in the S&P 500 and Nasdaq, and highlights the “uninverting” yield curve. She finishes with a deep dive into Nvidia, sharing how to handle the stock depending on your investment horizon. This video originally
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big time risk-off selloff move” kind of situation. The warning signs were building in August, but, so far, September is ringing all kinds of market topping alarm bells. Let’s
Forte Minerals Corp. (‘Forte’ or the ‘Company’) (CSE:CUAU)(OTCQB:FOMNF)(Frankfurt:2OA) is pleased to announce its strategic engagement with Stockworks Agency Inc. (‘Stockworks’) as an investor relations consultant to provide communications and investor relations services for the Company, effective September 1, 2024, in accordance with Canadian Securities Exchange