Stock Market News and Analysis Live Today: The Ultimate Source

‘I don’t want to end up with stalkers’: Should I tell my heirs that I’m writing a will and how much they can expect to inherit?

“Should I even let them know that there is a will in which they are mentioned?”

‘Our prenup stirred up resentment’: My husband, 62, lives in my home. I pay for his credit card, car loan, vacations and groceries. Now he wants to pool our assets.

“He has $1.2 million invested. I have close to $5 million in investments.”

‘I see my greedy in-laws as misogynists’: I was a stockbroker in the 1980s and always kept my money separate from my husband’s. Is such self-protection justified?

“The biggest surprise when we got married was that my husband’s family saw me as a paycheck, even though they are all educated.”

I got bitten by a feral cat and my hospital copay wiped out my savings. I’m 50, single, with no kids. Should I cash out my $12,000 life-insurance policy?

“I was thinking about cashing it out, and using the money to max out a SEP or Roth IRA for the year. Can I max out both? Or only one.”

‘I got seriously burned’: My financial adviser took me for lunch, bought my kids gifts — and had me invest $500,000 in annuities. What should I do?

“When I finally learned I’d been scammed, it took me a decade to pull my money out of the various annuities little by little, year by year.”

£8 per year in extra income for life, for each £100 invested today? Here’s how!

Christopher Ruane explains how he would aim to set up extra income streams for the rest of his life by buying blue-chip dividend shares today. The post £8 per year in extra income for life, for each £100 invested today? Here’s how! appeared first on The Motley Fool UK.

With a £20K Stocks and Shares ISA, I’d target £1,964 in annual dividends like this

With an annual passive income target close to £2,000, our writer explains how he'd put a £20K Stocks and Shares ISA to work for him. The post With a £20K Stocks and Shares ISA, I’d target £1,964 in annual dividends like this appeared first on The Motley Fool UK.

MarketBeat Week in Review – 5/13 - 5/17

Markets took a breather to end the week as investors wait for Nvidia's earnings after a week that saw the Dow cross the 40,000 mark for the first time

Tech View: Nifty forms Piercing Line candle on weekly charts. What should traders do next week

Nifty is expected to move towards the upper range of 22800 levels in the next 1-2 weeks. Immediate support is placed at 22200 levels, said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

Here’s how I’d invest £800 the Warren Buffett way!

Christopher Ruane learns some lessons from super-investor Warren Buffett he hopes could improve his own stock market performance. The post Here’s how I’d invest £800 the Warren Buffett way! appeared first on The Motley Fool UK.

​Over 28 stock ideas from Prabhudas if BJP wins 300-325 seats in Lok Sabha elections

Here’ a list of sectors along with the sectoral top picks that will have a positive impact on NDA’s return, as suggested by Prabhudas Lilladher:

My best FTSE 250 stock to consider buying now for passive income while it’s near 168p

This is a rare stock with a growing underlying business and a fat dividend yield – it’s worth consideration for passive income. The post My best FTSE 250 stock to consider buying now for passive income while it’s near 168p appeared first on The Motley Fool UK.

2024’s a great year to earn passive income! Here’s how I’d do it for £10 a week

Christopher Ruane explains how he’d start putting a tenner a week into blue-chip shares to start building passive income streams. The post 2024’s a great year to earn passive income! Here’s how I’d do it for £10 a week appeared first on The Motley Fool UK.

Nestle India shares jump 3% as shareholders reject royalty hike

The jump in stock price happened after the MNC's shareholders turned down a proposal to increase royalty payments to Swiss parent Nestle. Results of a remote e-voting by shareholders show that 57.18% of the votes were cast against the proposal for increasing royalty from 4.5% to 5.25%.

Adam Smith's investment mantra: Prioritize profit while dodging pitfalls

From his years of experience, Goodman made several observations about the market in his book The Money Game. Here are some of them which are still relevant for modern-day investors.

ZEE Entertainment shares rally 5% after Q4 results. Should you buy, sell or hold?

ZEE Share Price: ZEEL swung back to profit in March quarter against loss a year ago. Its total income in the reporting quarter, too, increased 3% YoY to Rs 2,185 core. Goldman Sachs sees partial recovery in revenues as a positive sign.

5 trading strategies to navigate market volatility this election season

Increased uncertainty during elections can lead to higher market volatility. Options trading strategies like straddles or strangles can be effective in profiting from price swings or hedging against unexpected market moves.

5 world market themes for the week ahead

Markets are hoping for evidence that will solidify a brightening global economic outlook, though rising trade tensions are casting a cloud, while G7 finance ministers gather in Italy.

Sensex ends special trading session above 74K; Nestle up 2%

Indian stock market ended positively with Sensex above 74,000 and Nifty crossing 22,500, buoyed by global markets. Nestle India, JSW Steel, and Zee Entertainment Enterprises saw notable movements.

Closing Bell: Sensex ends special session 90 points higher, Nifty above 22,500; Nestle rises 2%, TaMo 1%

Pre-market action: Here's the trade setup for today's session

"Overall, we expect markets to witness a gradual recovery. However, concerns regarding consistent FII selling, India VIX still above 20 levels, ongoing general election polling and the outcome could keep volatility higher," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial

Equity markets to stay open today for special trading

​​Trading will occur in two sessions—first, from 9:15 am to 10:00 am, and second from 11:30 am to 12:30 pm. Traders will be allowed to place only delivery trades, with no intraday trading permitted.

MEM TV: Here's How to Trade Explosive Stocks After Earnings

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the current market conditions and key areas of growth that are in new uptrends. She then shares how to trade downtrend reversals and stocks that gap up after reporting strong earnings. She then reviews the decline in interest rates, and which areas responded the most to those moves.This video originally premiered May 17, 2024. You can watch it on our dedicated MEM Edge page on StockCharts TV.New episodes of The MEM Edge premiere weekly on Fridays. You can view all previously recorded episodes at this link.If you're looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

Vi may give government more equity to clear its bills

Vodafone Idea (Vi) CEO Akshaya Moondra discussed the telco's strategy to address government dues, including further conversions into equity and utilizing internal accruals. With obligations towards spectrum and AGR payments, Vi aims to leverage these methods before the moratorium ends in September 2025. Moondra also emphasized the viability of tariff hikes post-elections, highlighting the essential nature of mobile services. Vi is actively planning 5G rollouts, aiming for key city deployments over the next six months.

The Most Efficient Way To Follow The Markets - Customize Your Dashboard!

On this week's edition of StockCharts TV's StockCharts in Focus, Grayson walks you through the "heart and soul" of StockCharts - Your Dashboard - and explains how he customizes his layout to serve as a one-stop-shop for following the latest market action. Grayson demonstrates how the "Chart Panels" can be configured to serve as a helpful index-tracking tool, bringing advanced charts right into your dashboard alongside the other powerful features.This video originally premiered on May 17, 2024. Click on the above image to watch on our dedicated StockCharts in Focus page on StockCharts TV.You can view all previously recorded episodes of StockCharts in Focus at this link.

Gold Is Doing Great!

While we don't typically begin with a monthly chart, it seems like a good place to start, as most of the good news is present there.Beginning on the left side, we can see how gold made a parabolic advance into an all-time high in 2011. Parabolic advances beg for correction, and boy did gold correct. It declined almost -50% into a low in 2015, then advanced for over three years into a new all-time high in 2020. During that time, a bullish cup formation emerged. After that, it consolidated for over three years (the handle), ultimately breaking out of a 12-year consolidation.I think it is an important point that gold took over 12 years to digest the huge advance into the 2011 top. In my opinion, it puts a solid floor under the most recent advance.Currently, we can see that gold has gone parabolic again, and it is hard to know when it will top. The preferable resolution to this vertical move would be a sideways consolidation, but we'll just have to wait and see. In my opinion, we shouldn't see any kind of parabolic crash.Another bullish sign is that sentiment is still bearish. We assess sentiment by seeing if the closed-end Sprott Physical Gold Fund (PHYS) is selling at a discount or a premium. As you can see, it has been selling mostly at a discount for 11 years, clearly showing that the public is still not yet excited about owning gold. We think this is because cryptocurrencies are attracting a lot of the money that might otherwise be moving into gold. In any case, bearish sentiment is bullish for gold.Looking at the daily candlestick chart below, we can see that the Gold ETF (GLD) closed at an all-time high today, just above a solid level of support. To clarify, GLD is a vehicle that can be used to trade/invest in gold, while the symbol $GOLD is a continuous contract dataset used to track the price of gold, but it cannot be owned.Conclusion: Gold spent a long time, over 12 years, consolidating huge gains in the early part of the century. It recently broke out decisively from that trading range, and it appears to be at the start of another strong, long-term rally.Learn more about DecisionPoint.com:Watch the latest episode of the DecisionPointTrading Room on DP's YouTube channel here! Try us out for two weeks with a trial subscription! Use coupon code: DPTRIAL2 at checkout!Technical Analysis is a windsock, not a crystal ball. --Carl Swenlin(c) Copyright 2024 DecisionPoint.comDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.Helpful DecisionPoint Links:Trend ModelsPrice Momentum Oscillator (PMO)On Balance VolumeSwenlin Trading Oscillators (STO-B and STO-V)ITBM and ITVMSCTR RankingBear Market Rules

Thrilling Week for the Stock Market: Dow Jones Makes Strong Close Above 40,000 for the First Time

It made it! The Dow Jones Industrial Average ($INDU) closed above 40,000 for the first time, another record close for the index. What an exciting week!And most of that excitement came in the last few minutes of the trading week. We'll take it. After a few weeks of lethargic activity in the stock market, the optimism is back.Get the live chart.CHART 1. DOW JONES INDUSTRIAL AVERAGE CLOSES ABOVE 40,000. Investors will be looking for the upside momentum to continue next week.Chart source: StockCharts.com. For educational purposes.A Recap of Stock Market ActivityThe stock market regained its mojo on Wednesday, when inflation data came in cooler than expected. It then took a bit of a breather on Thursday and, for the most part, on Friday, but the last few minutes of the trading day did reinject some optimism, which is unusual for end-of-week trading. The stock market got what it wanted, reacted, and then decided to get a head start on the weekend.Next week, investors will be focused on looking for upside follow-through. Now that interest rate hikes are off the table and it looks like cuts will happen sometime this year, investors have renewed their confidence in the stock market.Get the live chart here.The CBOE Volatility Index ($VIX) continues to be low, further confirming that investors are complacent. $VIX is close to its December 2023 lows, when investors' confidence in equities reignited following the October 2023 lows.CHART 2. DAILY CHART OF THE VIX. The VIX is close to its December lows, coinciding with the time investors renewed their confidence after the pullback in October.Chart source: StockCharts.com. For educational purposes.While equities have trended toward the upside, commodities have also broken out. The daily chart of the Invesco DB Commodity Tracking Index Fund (DBC) shows the index has broken out above a downward trending channel, suggesting that the pullback in commodities may be behind us.Follow the live chart.Commodities are inflation-sensitive, and, given that inflation may be cooling, commodities may be breaking out of the flag pattern you see in the chart below.CHART 3. COMMODITIES BREAKING OUT. Commodities are also showing strength as they break out from a flag pattern.Chart source: StockCharts.com. For educational purposes.Get your live chart here.Copper and silver prices soared on Friday, and gold looks like it's on its way to revisit its all-time highs. Silver saw a significant breakout on Friday. It's worth looking at the chart of iShares Silver Trust ETF (SLV) to get a sense of the breakout magnitude.CHART 4. SILVER SEES SIGNIFICANT BREAKOUT. The iShares Silver Trust ETF (SLV) has broken above its 2021 high. How much higher can it go? The next resistance is at around $35.Chart source: StockCharts.com. For educational purposes.SLV has broken out above its February 2021 high. The price action on Friday suggests that price will continue higher next week. The next resistance level could be the 2012 highs, which is around $35, so there's room for upside movement in SLV. If you want to get in on the silver rally, opening a position in SLV may be something to consider. However, be sure to identify your stop losses before entering a trade. Although SLV seems poised to move higher, anything can reverse the move. Make sure you're comfortable with the risk/reward ratios.SLV is well above its 20-week exponential moving average, and the Percentage Price Oscillator (PPO) shows that momentum is rising. If the trend continues, then SLV could see a strong rally. It's been a while since silver got some love.And There's NVIDIANext week should be interesting. The highlight is NVIDIA's earnings—the company reports on Wednesday after the close. Analysts estimate earnings to come in at $5.57 and revenues at $24.57 billion. If NVIDIA (NVDA) beats, it could be a big catalyst for the markets to move higher. But the worry would be if NVDA misses expectations. A downside move would be of a much greater magnitude than an upside move. NVDA has had a significant impact on the stock market's performance, so just about every investor will be tuned in to the news after the close on Wednesday.End-of-Week Wrap-UpS&P 500 closes up 0.12% at 5,303.27, Dow Jones Industrial Average up 0.34% at 40,003.59; Nasdaq Composite down 0.07% at 16,685.97$VIX down 3.46% at 11.99Best performing sector for the week: TechnologyWorst performing sector for the week: IndustrialsTop 5 Large Cap SCTR stocks: MicroStrategy Inc. (MSTR); Vistra Energy Corp. (VST); Super Micro Computer, Inc. (SMCI); Robinhood Markets (HOOD); Vertiv Holdings (VRT)On the Radar Next Week Earnings from Nvidia (NVDA)Fed speechesApril Existing Home SalesNew Home SalesMay Michigan Consumer SentimentDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

NCLAT allows Sarda Energy to seek tribunal nod for its SKS Power offer

The National Company Law Appellate Tribunal (NCLAT) has granted permission to Sarda Energy & Minerals (SEML) to pursue a final approval from the bankruptcy court for its bid for SKS Power Generation. This decision overturns the lower court's ruling in October, which instructed the committee of creditors (CoC) to review its selection of SEML as the recipient of the 600 MW power producer.

Is This the Magic Upward Break Everybody Was Waiting For?

No Confirmation In VolumeThis week, the S&P 500 is breaking out above its previous high, undeniably a bullish sign. After the initial break on Wednesday, the market held up well on Thursday. However, a few things are holding me back from getting overly enthusiastic.One of the issues is the volume pattern, as can be seen on the above SPY chart. The lower pane holds the volume combined with its moving average (the blue line). During the decline from the 525 peak at the end of March, all the way down to 494 in the second half of April, the volume rose slightly. So, we had a declining price on rising volume.The rally out of the low has taken place on declining volumes. The technical rule is that volume should increase in the direction of the trend. So, if we were in a full-fledged uptrend, I would have expected the volume to decline during the move lower, and then rise again from 494 to current levels. Also, higher volumes do not accompany the break above resistance, which usually makes upward breaks (more) reliable.Sector Rotation Not SupportiveThe relative rotation graph above shows long and strong tails for defensive sectors. As you know, the traditionally defensive sectors are utilities, consumer staples, and healthcare. Utilities and staples are inside the improving quadrant and on a strong RRG-Heading toward leading. The healthcare sector is inside the lagging quadrant and has just started to curl back up.Reading from the JdK RS-Ratio axis, energy is the strongest sector at the moment. Although it is not considered a really defensive sector, it has a low beta compared to other sectors, which is also a defensive characteristic. On the other hand, we see a really offensive sector like consumer discretionary inside the legging quadrant and moving further into it. Other sectors inside the lagging quadrant are technology and real estate. Both moved lower on the JdK RS-ratio scale at a stable negative RS-momentum level.Other, more offensive or cyclical sectors, like materials, industrials, and financials, are inside the leading quadrant. Still, they have rolled over and are now out of the zero to 90-degree RG heading. Overall, this combination of rotations is not what you would expect during a strong rally in a bull market.A strong rally in the S&P 500 is not in line with this type of sector rotation.Obviously, there are two ways this situation can be resolved. The first one is that the sector rotation will move to a more offensive trajectory in the coming weeks, matching and catching up with the rally in the S&P 500. The second one is that the S&P 500 gets back in line with a more defensive rotation.Asset Class Rotation Turning Towards BondsFinally, the third observation that makes me cautious is the current state of asset class rotation. as seen in the RRG above.The tail for SPY is inside the leading quadrant, but has been moving lower on the RS momentum scale for a few weeks already, almost crossing over into the weakening quadrant. The tails for fixed-income-related asset classes, government bonds, corporate bonds, and high-yield bonds are inside the improving quadrant, and all are moving at a positive RRG-heading.Bringing that relationship back to the SPY:IEF chart shows us that this ratio is struggling with the resistance offered by the previous peak, around 5.7. At the same time, the RSI plotted below the price chart shows a buildup of negative divergence. As you know, this is usually a sign of, at least, a pause or a turn in the existing trend.A clear reversal of this trend would mean that bonds are taking over the leadership role from stocks. And this usually happens when stocks are moving lower.All in AllAll in all, these three observations make me very cautious regarding the quality of the upside break in the S&P 500.#StayAlert. Have a great weekend, --Julius

Take-Two Interactive Software (TTWO): Key takeaways from the Q4 2024 earnings report

Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed green on Friday. The stock has gained 7% over the past 12 months. The company reported its fourth quarter 2024 earnings […] The post Take-Two Interactive Software (TTWO): Key takeaways from the Q4 2024 earnings report first appeared on AlphaStreet.

Bitcoin Sets Up with Classic Continuation Signal

There is a certain ebb and flow in uptrends. Often we see some sort of stair step higher with big advances and smaller corrections along the way. In Dow Theory terms, the primary trend is up and declines within a primary uptrends are considered secondary price moves. Also called corrections. Corrections and subsequent reversals offer traders a chance to partake in the uptrends. Today's report will focus on the Bitcoin ETF (IBIT). ChartTrader at TrendInvestorPro specializes in such setups and IBIT was featured in Thursday's report and video. The chart below shows IBIT doubling with a move from 22 to 44 (January 23rd to March 12th). Bitcoin, the underlying asset, hit a new high in March so I will assume this is a new high for IBIT, even though it started trading in January. Despite its short history, we can see the classic ebb and flow of an uptrend on the price chart. The 100% advance is part of the primary uptrend and the decline back the low 30s is a secondary move, or correction. Also notice that this correction retraced 50-61.8 percent of the prior advance and formed a falling wedge. This retracement amount is normal for a correction. Think two steps forward and one step backward. The falling wedge is also typical for corrections and provides us with clear resistance levels to watch for breakouts. IBIT broke the upper trendline and exceeded the early May high with a surge this week. This breakout signals a continuation of the bigger uptrend and targets a move to new highs. The green shading marks re-evaluation support at 34. I featured this IBIT chart in the ChartTrader report and video this past Thursday. We are also seeing a similar setup in a related ETF and this was posted on Friday (17-May). ChartTrader reports and videos focus on tradable setups within bigger uptrends. Recently we highlighted Vertex (VRTX), Oracle (ORCL), Crowdstrike (CWRD), the Cybersecurity ETF (CIBR) and the Home Construction ETF (ITB). Click here to learn more.--------------------------------------------

Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook

Deere & Company's Q2 earnings report reveals a complex scenario for the equipment giant, highlighting strong revenue, profitability, and industry challenges.

Baidu Stock Earnings Prove Ray Dalio Right about China?

Baidu is another Chinese stock showing investors why the Chinese economy is something to look out for, as recovering fundamentals attracted Ray Dalio

Bargain Alert: Lululemon Shares Could Be About To Hit Rally Mode

Despite the current downtrend and lack of momentum in Lululemon shares, there could be an interesting opportunity opening up for investors who like a bargain.

Gamestop is Heading Back to $10 or Lower 

Gamestop is a fool's game for investors; volatility and lower prices are the only sure thing for this market now that guidance is set.

Applied Materials (AMAT) Earnings: 2Q24 Key Numbers

Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS […] The post Applied Materials (AMAT) Earnings: 2Q24 Key Numbers first appeared on AlphaStreet.

3 Small Cap Techs Gaining Traction for Investors

These small-cap stocks are gaining traction and growing their business in a tough environment. Up double digits, they could rise another double digits soon.

Larry Williams: Dow 40k, Cycle Analysis, and Lessons Learned

In this edition of StockCharts TV's The Final Bar, legendary trader and author Larry Williams joins Dave in the StockCharts TV studio. Larry shares his latest thoughts on Dow 40K, the resilient rise of gold and precious metals, cycle analysis on the S&P 500 and crude oil, and lessons learned in over 60 years as a trader. Dave highlights bearish momentum divergences for AMZN and DE, as how defensive sectors may yield insights on market rotation.This video originally premiered on May 16, 2024. Watch on our dedicated Final Bar page on StockCharts TV!New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

The Real Reason Michael Burry is Buying Physical Gold

Big Short trader Michael Burry has initiated a large position in physical gold - here's why the market should pay attention.

Investing in 5G Stocks: Still an Opportunity

5G technology represents a foundational shift in how we connect and interact with technology, and provides opportunities for potential growth and innovation.

This Walmart Rally has Legs: 20% Upside Left To Go

Walmart had a solid quarter, outperforming expectations and guiding the market higher. The market is up 5% and may rise another 20% before topping out.

These 5 Penny Stocks Just Surged Double Digits

Penny stocks are back in focus after meteoric surges in AMC and GME. The question is, which of these five meme stocks has what it takes to keep rising?

Arcos Dorados: McDonald’s, But Cheaper With Better Growth

Arcos Dorados is McDonald's largest franchisee and is growing at double the parent's pace, dominating the restaurant industry in Latin America.

Block Gains on its Cash App and Afterpay Segment Blowouts

Block Inc. beat Q1 2024 EPS by two cents as revenues rose 19.6% YoY to $5.97 billion, beating $5.83 billion consensus analyst estimates.

Morgan Stanley Drives Growth Powered by Investment Management

Morgan Stanley posted blowout Q1 2024 earnings with all its major segments showing robust growth, most notably investment management with revenues of 6.8% YoY.

A Grand Slam: Broader Stock Market Indexes Soar to New Highs

The bull market hasn't gone anywhere. Despite of worrying about the possibility of a correction and a long wait for movement in either direction, the stock market has finally showed its prowess.The Dow Jones Industrial Average ($INDU) is within reach of 40K, the S&P 500 ($SPX) could reach 5,500, and the Nasdaq Composite ($COMPQ) could hit 20K. It may look like a stretch for the Nasdaq, but, with how the index has moved, why rule out the possibility? Today's stock market action showed the return of bullish sentiment.Investor Confidence ReturnsIt wasn't too long ago when investors were worried the stock market might correct a lot more than it did. That was followed by a period of lethargic stock market action. Now that the market got the inflation data it was waiting for and liked what it heard, the equity market moved higher during the trading day, closing at or close to its highs of the day.The Dow, S&P 500, and Nasdaq Composite hit record closes. There was a lot of excitement in the stock market today. Investors are not worried about interest rates or if the market is overbought; you can sense investor confidence in this market.The CBOE Volatility Index ($VIX) closed at 12.44, indicating that investors are complacent. With broader indexes closing at new highs, low volatility, and all 11 S&P sectors closing in the green (Consumer Staples, just barely), you've got a perfect recipe for a strong market that can continue moving higher.Wednesday's CPI came in a little cooler than expected, which was encouraging for investors. Treasury yields fell on the news, and stocks, bonds, Bitcoin, and precious metals rose. Optimism should be the word of the day.Click here for live chart.The daily chart of the iShares 20+ Year Treasury Bond ETF (TLT) below shows the ETF hitting a key resistance level. If it breaks through it, bonds could move higher with equities. It's an unusual correlation, but there were a lot of surprises today (more on that below).CHART 1. DAILY CHART OF ISHARES 20+ YEAR TREASURY BOND ETF (TLT). Bond prices rose and are now testing a key resistance level. If price breaks through the resistance of its downward-sloping trendline, bond bulls will be in the spotlight.Chart source: StockCharts.com. For educational purposes.The equity markets are technically strong. Given that they've hit new highs, you will have to look for slowing momentum for signs of a trend reversal.Click here for live chart.The Linear Regression Forecast (LRF) indicator, overlaid on the chart of the S&P 500 (see below), indicates that the S&P 500 is trending higher. The S&P 500 closed above the LRF line, well above its 50-day simple moving average.CHART 2. DAILY CHART OF THE S&P 500 INDEX ($SPX). Technically, the S&P 500 looks strong. It's trending higher, is above its LRF line, and well above its 50-day moving average.Chart source: StockChartsACP. For educational purposes.As long as this scenario holds, expect the S&P 500 to continue moving higher.Click here for live chart. Another area that's looking strong is precious metals. Gold is on its way to reaching its all-time high, as you can see from the SPDR Gold Shares ETF (GLD) below.CHART 3. GOLD CONTINUES TO SPARKLE. Gold prices are close to their all-time highs. If price breaks above the previous highs, it could move higher along with equities. Chart source: StockChartsACP. For educational purposes.Gold could break through previous highs and continue to move higher. It's unusual to see a correlation between gold and equities, but, as long as the trend is higher, you may as well take advantage of the move.Click here for live chart.Moreso than gold, silver is looking interesting. You'll have to look at a longer-term chart of silver to see that it's testing its 2020 and 2021 highs. If it manages to push through this level, it could reach its 2011 high (see chart below). It's something to watch and consider adding to your portfolio.CHART 4. SILVER SOARS. Silver is retesting its previous highs. Will it break through and reach its 2011 high?Chart source: StockChartsACP. For educational purposes.The TakeawayOverall, it looks like the waiting paid off. The inflation data injected optimism into the market and sent equities, bonds, precious metals, and Bitcoin higher. The bull market is still here; investors are confident about the stock market, and optimism remains positive.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

CSCO Earnings: All you need to know about Cisco’s Q3 2024 earnings results

Cisco Systems, Inc. (NASDAQ: CSCO) reported its third quarter 2024 earnings results today. Revenues decreased 13% year-over-year to $12.7 billion, but managed to beat estimates of $12.5 billion.   Net […] The post CSCO Earnings: All you need to know about Cisco’s Q3 2024 earnings results first appeared on AlphaStreet.

Home Depot (HD): A look at how the home improvement retailer fared in Q1 2024

Shares of Home Depot (NYSE: HD) rose over 2% on Wednesday. The stock has gained 19% over the past 12 months. The company delivered mixed results for the first quarter […] The post Home Depot (HD): A look at how the home improvement retailer fared in Q1 2024 first appeared on AlphaStreet.

China Tariffs Drive Upside for Rare Earth Minerals

In this edition of StockCharts TV's The Final Bar, Dave welcomes Mish Schneider of MarketGauge. Mish breaks down one materials name that could benefit from recently announced China tariffs, and describes how regional banks could benefit from Fed actions in 2024. David charts the S&P 500's retest of all-time highs around 5250, and also breaks down key technical levels for HD, AAPL, and ALB.This video originally premiered on May 14, 2024. Watch on our dedicated Final Bar page on StockCharts TV!New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

Salesforce Falls Out of Favor: Trade the Bear Put Spread Options Strategy

Once a darling of the tech industry, Salesforce (CRM) had fallen out of favor until recently, when it hit a new all-time high earlier this year. Since then, though, investors have continued to shy away from this cloud computing stock as they focus on more pure AI-related companies, and Salesforce is at risk of turning lower again. As CRM matures and growth rates moderate, it simply cannot continue to command the industry-leading valuations it once did, and has to face the reality of its fundamentals.Analyzing SalesforceIf you look at a five-year chart of CRM, you will see that the stock has traded within a significantly wide range of $130 to $310. Earlier this year, it revisited the upper bound of the range and attempted to break out higher to a new all-time high (see chart below). This quickly failed, and the stock reversed back into the range, with momentum recently turning negative. This suggests that CRM will likely continue to trade back towards the midpoint of the range, i.e., in the $210–220 area.CHART 1. DAILY CHART OF SALESFORCE (CRM) STOCK. CRM's stock price tested a resistance level and turned lower. Momentum is also negative, which means the stock is likely to move lower.Chart source: StockCharts.com. For educational purposes.CRM currently trades at over 28x forward earnings, which flies in the face of growth rates that have moderated significantly over the past 12 months. After averaging EPS growth of over 45% over the past three years, future EPS growth is expected to slow to just a third of that at 16%. Revenue growth is expected to drop to under 10%. This makes a valuation that is 40% higher than the S&P 500 harder to justify when growth rates are slowing down significantly.A Bear Put Vertical Spread For SalesforceWhen you have a bearish outlook on a stock, a bear put spread can be a viable options strategy to implement. The strategy involves buying a put option with a strike price at the current stock, and then selling a put option with a lower strike price with the same expiration. Your maximum risk is the net premium paid between the two legs. The risk graph below illustrates the profit and loss scenario of a bear put vertical spread.RISK GRAPH OF A BEAR PUT SPREADIf the stock declines below the lower strike price, the strategy will realize the maximum profit potential of the distance between the two strikes minus the premium paid. Also, if the stock were to stay above the higher strike price, you would realize the maximum loss potential.With earnings in three weeks, CRM options prices are slightly elevated and warrant using a spread to lower the cost of seeking bearish exposure. I'm going out to the July expiration and buying the $280/$250 put vertical @ $10.70 debit. This entails:Buying July $280 puts @ $15.43Selling July $250 puts @ $4.73This would risk $1070 per contract if CRM is above $280 at expiration, while potentially making $1930 per contract if CRM is below $250 at expiration.The TakeawayIf you want to profit from a potential decline in a stock's price, you could trade a bear put spread. It limits your risk, has reasonable profit potential, and is cost-effective.

Meme Stock Frenzy Back In the Spotlight: Are Traders Losing Patience?

It's CPI and PPI week, and traders seem to be waiting for the data before making investment decisions. While that's happening, surprising action is brewing in meme stocks. Are traders getting tired of this indecisive stock market?CPI and PPI week is an important time in the stock market. Yet the trading frenzy that surfaced during the pandemic seems to be coming back, at least for a short while. It's almost as if there's a camp that doesn't care about inflation data, earnings from big-box retailers Home Depot (HD) and Walmart (WMT), or April retail sales data.Until the data is released, the broader stock market may not move much. Volatility is still low even though the CBOE Volatility Index ($VIX) ticked higher today. Market breadth is leaning toward the bullish side. The daily chart of the S&P 500 ($SPX) shows that, even though the index was relatively flat today, the NYSE Advance-Decline and S&P Advance-Decline lines are trending higher. This indicates that bullish sentiment is slightly stronger than its bearish counterpart.CHART 1. MARKET BREADTH AND THE S&P 500 INDEX. The S&P 500 is close to its all-time high, and the Advance-Decline line is trending higher. Will the market break through its all-time highs or will it be a resistance?Chart source: StockCharts.com. For educational purposes.So Close, Yet So FarThe S&P 500, Dow Jones Industrial Average ($INDU), and Nasdaq Composite ($COMPQ) are close to their all-time highs. Given recent market action, it's natural to expect the indexes to retest the highs. It feels as if that's what the market wants to do, but is hesitating. It wants to know the CPI number before deciding to break through the highs or move in the opposite direction.An indecisive market makes it difficult for traders to place positions. Most seem to be waiting on the sidelines, keeping their powder dry. While the institutional traders were waiting, retail traders jumped in and brought some excitement to the stock market, by bringing attention to the stocks that were popular during the pandemic.Meme Stocks Back In Vogue?If you focused all your energy on watching the action in the broader market, you would have missed the excitement in "meme stock land." Remember Gamestop (GME) and AMC Entertainment (AMC)? Well, they sparked some excitement in the market today. GME was up 74.4%, while AMC was up 78.35%. What a social media post that went viral can do to a stock's price is amazing! GME and AMC had the highest % up moves of stocks in the NYSE.FIGURE 2. AMC AND GME TOP THE LIST OF MARKET MOVERS. Both stocks closed higher by over 70% in Monday's trading. This brought excitement to an otherwise dull stock market.Chart source: StockCharts.com. For educational purposes.The TakeawayDoes this mean the meme-stock era is back? Well, if the broader market continues its indecisive, sideways moves, you can't blame traders for turning to more exciting avenues. But there's a chance it could be more short-lived than in the past, unless the market surprises us. It could continue its sideways move, or it could trend lower after Wednesday's CPI report. We'll just have to wait until Wednesday morning to find out.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Home Depot (HD) Q1 2024 Earnings: Key financials and quarterly highlights

The Home Depot (NYSE: HD) reported first quarter 2024 earnings results today. Sales decreased 2.3% year-over-year to $36.4 billion. Comparable sales decreased 2.8%. Net earnings were $3.6 billion, or $3.63 per share, compared […] The post Home Depot (HD) Q1 2024 Earnings: Key financials and quarterly highlights first appeared on AlphaStreet.

What to expect when Lowe’s Companies (LOW) reports Q1 2024 earnings results

Shares of Lowe’s Companies, Inc. (NYSE: LOW) were down over 1% on Monday. The stock has gained over 4% year-to-date. The home improvement retailer is scheduled to report its first […] The post What to expect when Lowe’s Companies (LOW) reports Q1 2024 earnings results first appeared on AlphaStreet.

Earnings Summary: Everything you need to know about Warby Parker’s Q1 results

Warby Parker Inc. (NYSE: WRBY), a leading eyewear retailer that sells prescription glasses and accessories, has reported higher revenues for the first quarter of 2024. First-quarter net revenue increased 16.3% […] The post Earnings Summary: Everything you need to know about Warby Parker’s Q1 results first appeared on AlphaStreet.

Earnings Summary: Mettler-Toledo International reports higher adj. profit for Q1

Mettler-Toledo International Inc. (NYSE: MTD), a manufacturer of scales and analytical instruments, has reported an increase in adjusted earnings for the first quarter of 2024. Q1 adjusted earnings increased 2% […] The post Earnings Summary: Mettler-Toledo International reports higher adj. profit for Q1 first appeared on AlphaStreet.

What to look for when Take-Two Interactive Software (TTWO) reports Q4 2024 earnings results

Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Thursday. The stock has dropped 14% over the past three months. The gaming company is scheduled to report its […] The post What to look for when Take-Two Interactive Software (TTWO) reports Q4 2024 earnings results first appeared on AlphaStreet.

ICICI Prudential Life Insurance to focus on growing absolute VNB amid slump in FY24

In its Q4FY24 results, the company#39;s VNB fell 19.45 percent to Rs 2,227 crore for FY24

Trade setup for Wednesday: 15 things to know before opening bell

Based on the OI percentage, a total of 74 stocks were on the short-covering list which included Vodafone Idea, IndiaMART InterMESH, Biocon, Page Industries, and Sun TV Network.

IIHMR University launches certificate course on digital healthcare

The objective behind launching this course is to develop healthcare professionals with an understanding of digital health innovations

Lok Sabha Polls 2024: Ramayan’s Dipika Chikhlia aka Mata Sita campaigns for BJP#39;s Arun Govil in Meerut along with ‘Laxman’ Sunil Lahri

Dipik Chikhlia campaigns for Arun Govil in Meerut; As the countdown to the Meerut polls ticks away, BJP candidate Arun Govil received a nostalgic boost as he campaigned alongside his onscreen counterpart from the iconic TV series #39;Ramayan#39;.

Tata Elxsi Q4 net profit, revenue decline QoQ; firm declares dividend of Rs 70 per share

The net profit was down 4.6 percent quarter-on-quarter compared to the October to December period of FY24 and 2.32 percent against the March quarter of FY23

SRK reacts to Mohanlal dancing to his song; the Malayalam superstar invites King Khan over breakfast: #39;Why not groove to some Zinda Banda?#39;

Malayalam megastar Mohanlal stole the spotlight at a recent award show with his electrifying dance performances, including grooving to #39;Zinda Banda#39; from the film #39;Jawan#39;. SRK took to social media to share the video, dubbing him the #39;OG Zinda Banda.#39;

Cyient DLM#39;s profit after tax in FY24 surges 93%

For the full year, the company#39;s revenue stood at Rs 1,192 crore, which was 43.2 percent higher compared to the same period of the past financial year