KEY TAKEAWAYS $BTCUSD recently broke above critical resistance at $112k. Historically, the crypto has made significant moves after clearing a prolonged period of sideways trading. It’s time to set upside and downside targets—key levels we discuss below. Bitcoin ($BTCUSD) is riding a wave of surging optimism, smashing past $112k as retail and institutional capital pour … Read more
KEY TAKEAWAYS Tech stocks, especially semiconductors, continue to lead the stock market higher. Semiconductors are showing strong technical momentum. With StockCharts, you can create custom ChartLists of semiconductor stocks by drilling down through the Technology sector. Relatively healthy earnings reports from the big banks and a June inflation report that came in line with analyst … Read more
Unlock the power of automated options trading with Tony Zhang, Chief Strategist at OptionsPlay. In this exclusive training, Tony reveals how the OptionsPlay Strategy Center, integrated with StockCharts.com, transforms the way traders find, analyze, and execute options strategies. Follow along as Tony illustrates how to use OptionsPlay and StockCharts eliminate manual scans, reduce time spent … Read more
KEY TAKEAWAYS The S&P 500’s uptrend is intact and July is following its historically strong pattern with broad enough participation. The Bullish Percent Index remains above 50 and the percent of stocks trading above their 200-day simple moving average support the bullish movement in the S&P 500. Seasonality often turns choppier from August through October, … Read more
