SP:SPX The SPX's performance this year has been incredible! One fascinating aspect is its technical analysis. On the chart, we can see that since July, the index started forming an uptrend, characterized by higher lows and higher highs, respecting an ascending channel for 123 days. This behavior is especially significant considering it developed on the 4-hour...
🚨 Nvidia Smashes Records on AI! 🚨 NASDAQ:NVDA 🚀 Delivered spectacular results for Q3, reporting revenue of $35.1 billion (+94% YoY) and adjusted EPS of $0.81, significantly beating expectations. The company also forecasts sales of $37.5 billion for next quarter, solidifying its position as a leader in the AI revolution. 💻 Key Highlights ▫️ Data Center🟰 $30.8...
🚨 Nvidia Smashes Records on AI Boom! 🚨 NASDAQ:NVDA delivered spectacular results for Q3, reporting revenue of $35.1 billion (+94% YoY) and adjusted EPS of $0.81, significantly beating expectations. The company also forecasts sales of $37.5 billion for next quarter, solidifying its position as a leader in the AI revolution. 💻 Key Highlights: Data Center:...
🚨 Nvidia Smashes Records on AI Boom! 🚨 NASDAQ:NVDA delivered spectacular results for Q3, reporting revenue of $35.1 billion (+94% YoY) and adjusted EPS of $0.81, significantly beating expectations. The company also forecasts sales of $37.5 billion for next quarter, solidifying its position as a leader in the AI revolution. 💻 Key Highlights: Data Center:...
📊 In the NYSE:DAL chart, we can observe a classic pattern, an uptrend channel. This type of formation starts with an initial movement that sets the tone for the channel, either bullish or bearish. In this case, it's an uptrend channel that is validated when the price respects the structure at least twice. 📈 Over time, we’ve seen that this channel has held....
Parabolic SAR Technical Indicator 📜 The Parabolic SAR (Stop and Reverse), first introduced in 1978, is a technical indicator used to identify potential trend reversals in financial markets. It is represented as a series of dots placed above or below the asset’s price. The key concept behind the Parabolic SAR is that the price follows a parabolic movement until a...
Is Disney making a comeback? 🐭 Ever wondered how Disney is doing lately? Well, hold on tight, because the company is in full comeback mode. Since Bob Iger returned as CEO, Disney has generated a whopping $13.255 billion in cash flow, the highest since 2018! Plus, their operating income is growing at an annual rate of 10%. Not too shabby, right? 🎥 And what...
What’s Happening with Oil? 🛢️ OPEC+ is maintaining production cuts, which limits supply. Additionally, tensions in the Middle East are causing fears of supply disruptions. Meanwhile, demand in the U.S. remains strong. 📊 In the chart, we can see how oil had a strong upward movement of 16% in just 12 days, then took a breather at its support, which is around its...
What happened today in the market? At the beginning of the week, we knew that Friday would be one of the most important days of the month, as the unemployment rate report would be published, among other indicators. The result was favorable; the current rate stands at 4.1%, better than the forecast of 4.2% and the previous figure also at 4.2%. Additionally, news...
Retail Trading Activity 👥 The Retail Trading Activity Tracker is a tool that monitors the daily buying and selling activity of retail investors for each stock, and they are rated based on the buying sentiment of each stock. SYMBOL🟰%RETAIL ACTIVITY🟰SENTIMENT NASDAQ:NVDA 13.68% 3 NASDAQ:TSLA 6.12% ...
NASDAQ:SMCI 📈 Super Micro Computer NASDAQ:SMCI has taken a significant hit, dropping more than 8% following serious allegations from hindenburg research, a financial research firm specializing in investigating and exposing potential financial fraud, according to their three month investigation, there are major red flags in NASDAQ:SMCI accounting practices,...
🍎Apple 🍎 Apple never stops amazing us, they recently announced their new iPhone, which includes "Apple Intelligence," a collaboration with chatgpt to integrate AI in a unique way, additionally, this iPhone will feature the new A18 Pro processor, which will be exclusive to this model and available for upgrade on the iPhone 15. 📱 Over the past five years, we’ve...
🍎Apple 🍎 Apple never stops amazing us, just when we thought they couldn't top themselves, they launch a new update that captivates us and makes us want to get our hands on it right away, they recently announced their new iPhone, which includes "Apple Intelligence," a collaboration with chatgpt to integrate AI in a unique way, additionally, this iPhone will...
Fibonacci 📐 One of my favorite tools for making buy or sell decisions in the markets is Fibonacci, as it highlights key levels that are very difficult to spot just by looking at the chart without it. 🧮 What’s most impressive is how the price reacts strongly when it hits these key levels, remember, fibonacci is based on a numerical pattern where each number is...
If we look at ETFs like QQQ, we can notice price breaks between sessions, let's see where these interruptions occur. First interruption this is a gap of $1.50, which represents an increase of approximately 2.6%, from $59 to $60. Second interruption occurs between $63 and $66, which implies an increase of 3.5%. On the chart, we can also observe a bullish channel...
INTEL 📉 Intel's most recent drop, reported on August 1, 2024, was due to troubling announcements the company revealed layoffs, dividend cuts, and a challenging recovery plan meanwhile, AMD continues to gain ground, increasing its revenue and capitalizing on Intel's mistakes. 💸 Years of poor management, technological setbacks, and lack of innovation have reached...
Penny Stocks and the “Pump and Dump” Pattern 📚 Penny stocks are shares that trade at a very low price, generally below $5 per share. 📖 These stocks belong to companies with a small market capitalization, meaning the total value of all their shares in the market is relatively small. 📊 The “Pump and Dump” is a common pattern in the penny stock market where stock...