Don't Ignore This Chart!

February 2024

Don't Ignore This Chart!

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AMD's Sensational Halt — What You Need to Watch

by Karl Montevirgen

If you ran a StockCharts Gap Ups scan on Thursday, chipmaker Advanced Micro Devices (AMD) would have come up on your list. The company might have missed Q4 2023 earnings expectations (though it beat on revenue), causing it to slump, but prices bounced quickly thereafter... Read More 

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A Very Accurate Sentiment Reading That Is Flashing A RED Light For Bulls

by Tom Bowley

While many analysts follow sentiment signals that involve feelings about market direction, I prefer one that follows the MONEY. I want to know what retail traders are doing with their money with respect to options... Read More 

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DraftKings' Stock Overheating? Here's What You Need to Do Now

by Karl Montevirgen

The demand for sports entertainment is constant across each seasonal turn. And for every season, there's a sport in full swing... Read More 

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Walmart Stood Strong When The Market Crumbled - Time To Buy?

by Karl Montevirgen

By midday Tuesday, all three US indices had taken a massive plunge as a hotter-than-expected CPI inflation report left awash in red... Read More 

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The Costco Stock Surge: What You Need to Know Right Now!

by Karl Montevirgen

Costco (COST) stock has soared into uncharted heights, leaving its last all-time record in the dust... Read More 

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Decoding PLTR Stock: Why It's an Attractive Investment

by Jayanthi Gopalakrishnan

If you look at a chart of PLTR stock, you can see that it has had quite a ride, from its short-lived period of glory in 2021, when the stock price rallied from $10 to $45, to a slow decline to a low of $5.84... Read More 

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Eli Lilly's Volatile Victory: What Tuesday's Turnaround Means for Your Portfolio

by Karl Montevirgen

After topping Wall Street's earnings and revenue expectations on Tuesday, Eli Lilly & Co (LLY) shot up 5% from the prior day's close, only to see its gains evaporate mid-day... Read More 

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Based on Relative Strength, Alphabet (GOOGL) Is An Unloved Stock

by Tom Bowley

Nearly two weeks ago, I was discussing in our FREE EB Digest newsletter why I felt Alphabet (GOOGL) was poised for a decline after earnings. It was continuing to push higher, which, on the surface, was a fairly bullish signal... Read More 

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Deciphering Gold's (GLD) Signals: Is Now the Time to Go Long on Gold?

by Karl Montevirgen

The gold market saw a significant sell-off Friday morning, as unexpectedly strong job market data undermined investor hopes for imminent Federal Reserve rate cuts anytime soon... Read More 

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DR Horton Stock Plummets: Is Now the Time to Buy the Dip?

by Karl Montevirgen

The tight supply environment in the housing market largely fueled DR Horton's (DHI) strong year-and-a-half run... Read More