Technicals - Spark Newswire

4 minute read

Sell Rosh Hashanah, Buy Yom Kippur? Revisiting The Market Adage In Turbulent 2022

Yesterday, 12:23 PM

One old market adage that is commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur." With the holidays commencing Sunday at sundown, it is time for this year's investment interpretation of the adage from the perspective of this investor.

2 minute read

Looking For An Entry To Trade Semiconductors Bearish? This ETF Offers 3X Leverage

By Melanie Schaffer

September 23, 6:19 PM

The Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) was flying higher during Friday's session after gapping up to start Thursday’s trading day and rallying 6.37% off the open.

AMD

2 minute read

Dogecoin Leads Bitcoin, Ethereum Into The Weekend: What’s Going To Happen Next?

By Melanie Schaffer

September 23, 4:11 PM

Dogecoin (CRYPTO: DOGE) was showing comparative strength to much of the crypto sector during Friday’s 24-hour trading session.

$DOGE

2 minute read

Why It’s A Bad Day For Costco To Report Q4 Earnings

By Joel Elconin

September 22, 2:30 PM

There are good days and bad days to be announcing earnings. When the market is good, investors are in buying mode. When the market has a bad day, investors do not have the same appetite for risk. As of Thursday afternoon, the markets are leaning to the downside.

COST

2 minute read

Alibaba Stock Slides Amid Investor Fear, Impending Rate Hikes: Keep An Eye On This Pattern

By Melanie Schaffer

September 21, 1:04 PM

Alibaba Group Holdings, Inc (NYSE: BABA) opened lower and continued to slide intraday, falling over 3.5% by early Wednesday afternoon. The Hang Seng closed down 1.79% at 336.80 HKD, adding pressure to Alibaba and a number of other Chinese blue-chip stocks.

BABA

2 minute read

As Fed’s Interest Rate Decision Looms, Here’s What To Watch On Bitcoin, Crypto Sector

By Melanie Schaffer

September 21, 9:13 AM

Bitcoin (CRYPTO: BTC) was trading almost 2% lower during Wednesday’s 24-hour session after closing Tuesday’s session under the $19,000 mark.

BTC

2 minute read

Investors Beware: Nvidia Stock Is ‘Locked In A Pretty Substantial Downtrend’

By Adam Eckert

September 20, 3:12 PM

NVIDIA Corporation (NASDAQ: NVDA) just announced a new line of graphics chips, but Ritholtz Wealth Management's Josh Brown says new product lines won't be enough to pull the stock out of its recent slump.

NVDA

2 minute read

Ford Plunges Following Supply Chain Warning: What’s Going On?

By Melanie Schaffer

September 20, 10:53 AM

Ford Motor Company (NYSE: F) stock was plunging Tuesday after the legacy-turned-EV manufacturer announced that it’s unable to roll out 40,000 to 45,000 vehicles this quar

2 minute read

Analyst: S&P 500 Breaks Below Key Technical Support Level As It Enters Its Most Bearish Period Of The Year

By Wayne Duggan

September 19, 3:51 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.1% on Monday after a horrendous performance last week.

SPY

2 minute read

‘Grand Theft Auto VI’ Leak Has Take-Two Interactive Stock Seeing Red: What’s Next?

By Joel Elconin

September 19, 3:00 PM

When a company's computer systems are compromised, it is not surprising there is going to be a negative impact on its share price, though the price action following such an announcement can vary.

TTWO