ChartWatchers

April 2023

ChartWatchers

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Broad-Based Rally Continues: Will It Soar Past Resistance This Time?

by Jayanthi Gopalakrishnan

A slowdown can sometimes be a good thing. That was the general thinking behind the market when the much-awaited GDP report was released on Thursday. The data showed that the US economy grew less than analysts expected; the overall economy grew 1... Read More 

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The Battle for Burgerdom: McDonald's, Jack in the Box, and Burger King

by Karl Montevirgen

Three beef-slinging behemoths are about to go toe-to-toe in an all-out brawl for supremacy over the grease-stained domains of Burgerdom. Opening Moves McDonald's (MCD) has deployed its long-slumbering anti-hero, the Hamburglar, to introduce its new menu lineup... Read More 

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Defense Stocks To Buy: A Strategy You Need to Know and Use

by Jayanthi Gopalakrishnan

Aerospace and defense stocks seem to be busting through turbulence. Lockheed Martin (LMT)'s better-than-expected earnings helped push its stock price higher, and the positive news added upside momentum to the aerospace and defense industry... Read More 

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Mild Recession? Three Indicators That Can Offer Insights

by Jayanthi Gopalakrishnan, Karl Montevirgen

It's all about inflation and earnings... Read More 

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Bonds Like to Move It: How to Forecast Market Volatility

by Jayanthi Gopalakrishnan

Occasionally, the stock market gets hit with unpredictable black swan events. These throw the market into panic mode and send investors rushing to sell their positions. It can be a terrifying experience for individual investors and traders... Read More 

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Bitcoin Blitzes the $30K Line (But Can It Hold?)

by Karl Montevirgen

Bitcoin is something of a paradox. Its name suggests a single and unified "object" (a type of cryptocurrency), yet it's essentially an umbrella term mixing together several conflated and perhaps conflicting views... Read More 

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Riding the Sector Rotation Wave: How to Seize Surging Stocks

by Karl Montevirgen

Getting a jump on a sector rotation is like accelerating into a blind curve. What could go wrong? Well, your timing may be way too early. Your sector selection of sectors may be off. You may be pre-empting a false signal. And so on... Read More 

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Crude Oil: Obstacles Ahead of $100

by Karl Montevirgen

The surprise OPEC+ production cuts last week had investors frantically positioning themselves in anticipation of the opportunities, risks, and opportunity risks surrounding crude oil exposure. What Just Happened? On Monday, OPEC+ announced it was reducing its output by 1... Read More 

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How to Find the Best Stocks to Trade: It's About Scans

by Jayanthi Gopalakrishnan

April is Financial Literacy Month—a good excuse to bump up your financial knowledge so you can be better equipped to manage your personal finances... Read More