On a monthly basis, retail sales were “virtually unchanged” from March to April (seasonally adjusted), and sales were up 3.0…
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Industrial Production Increased 0.9% in May
From the Fed: Industrial Production and Capacity Utilization Industrial production rose 0.9 percent in May. Manufacturing output posted a similar…
Continue ReadingIt’s TOO EARLY to Be Bullish on Tesla
In this edition of StockCharts TV‘s The Final Bar, Dave breaks down an upside follow-through day for the S&P 500 and Nasdaq,…
Continue ReadingTuesday: Retail Sales, Industrial Production
From Matthew Graham at Mortgage News Daily: Mortgage Rates Back Above 7% to Start New Week Mortgage rates moved modestly…
Continue ReadingGold Top? Focus on These Potential Price Objectives
In early 2024, gold reached the price objective derived from the breakout of the large triangle that had evolved beginning…
Continue ReadingS&P 500 Predictions: Where Will It Be at the End of 2024?
The stock market’s performance has surprised a lot of people this year, and as a result, making S&P 500 predictions…
Continue ReadingVirgin Galactic Stock: Still Not Worth the Price of Admission
You may have noticed that the price of Virgin Galactic (NYSE:SPCE) stock is quite different than it was just a…
Continue ReadingWhy the Nasdaq and S&P 500 Hit All-Time Highs Last Week
Last week was a mixed one for stocks. The S&P 500 and the Nasdaq Composite both finished in positive territory…
Continue ReadingDP Trading Room: Natural Gas (UNG) Bearish Again?
Carl and Erin return to the trading room showing you the charts you need to see to start your week!…
Continue ReadingLA Port Traffic Decreased Year-over-year in May
Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints…
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