When a stock surges based on a strong earnings report, analyst upgrade, or other fundamental factors, it’s tempting to jump into the stock. But often, when a stock’s price spikes due to a one-off fundamental event, there’ll be a pullback, one that will present a better technical picture of the…
Peloton’s (PTON) stock soared over 38% on Thursday after the company posted positive free cash flow for the second quarter in a row—a first since 2021. Is the turnaround working? Maybe. But investors aren’t waiting around—they’re hopping on. Peloton came to my attention while reviewing the Market Movers panel on…
In this StockCharts TV video, Mary Ellen reviews the broader market’s health while highlighting big shifts into newer areas, including banks, retail, and autos. Sharing one of the reasons Tech stocks were weak, she highlights which areas as seeing renewed strength. She also looked at individual stocks that are poised to…
In this edition of StockCharts TV‘s The Final Bar, Dave completes a five-part series covering ten charts to watch in August 2024, breaking down to stocks in established downtrends. What would we need to see to confirm a rotation from a distribution phase to an accumulation phase, and where should you set…
On the weekly Relative Rotation Graph, the rotation still favors almost every sector over Technology. I discussed the opposite rotations between weekly and daily RRGs in last week’s video, which you can find here. Real Estate Working off this weekly chart, many tails are drawing attention to themselves. First of…
The Home Construction ETF (ITB) is leading the market as it surged to a new closing high this week. While this high is certainly bullish and points to upside leadership, the real signal triggered back in early July as the Trend Composite turned bullish with an outsized move. Let’s review…
(TheNewswire) Vancouver, BC TheNewswire – August 23, 2024 Avrupa Minerals Ltd. (TSXV:AVU) (‘Avrupa’ or the ‘Company’) is pleased to announce that the $350,000 private placement of Units as announced on August 14 th 2024 is fully subscribed and will close shortly. The proceeds of the private placement financing will primarily…
In a Friday (August 23) speech at the Jackson Hole Economic Symposium, US Federal Reserve Chair Jerome Powell indicated that adjustments to the central bank’s benchmark rate are on the way. “The time has come for policy to adjust. The direction of travel is clear, and the timing and pace…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 11.62 points this week to close at 566.41 578.03. Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up by 231.47 points to finish at 23,286.08. Statistics Canada released its consumer price index (CPI) data for July on Tuesday (August 20). The agency reported that…
Rua Gold Inc. (TSXV: RUA) (OTC: NZAUF) (WKN: A4010V) (‘ Rua Gold ‘ or the ‘ Company ‘) announces that it has amended marketing contracts with two service providers and entered into one new marketing contract. In accordance with TSX Venture Exchange Policy 3.4 Investor Relations, Promotional and Market-Making Activities details of…