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Technical

It Might Not Be Time to Buy Stocks Yet. This Technical Analyst Sees the Market Going Even Lower.

2022-05-15
By: Bill Muskegy
On: May 15, 2022
In: Breaking News

Text size Michael Nagle/Bloomberg The major U.S. stock market indexes have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical analysis of current market conditions. Andrew Addison, a veteran market technician, proprietor of theContinue Reading

The Purely Technical Reason Oil Will Hit $122 

2022-02-23
By: Bill Muskegy
On: February 23, 2022
In: Entrepreneurs

Whatever The Reason, Oil Is Moving Higher  If you are watching the news and wondering where the price of Oil (NYSEARCA: USO) is heading we think it is going higher. Much higher. We can sit here and debate the causes of the rise in prices but the fact remains thatContinue Reading

Why this technical analyst sees a nearly 20% S&P 500 nosedive

2022-02-22
By: Bill Muskegy
On: February 22, 2022
In: Breaking News

The charts say stocks could have much further to fall as investors price in the three-headed monster that is elevated inflation, rising interest rates from the Federal Reserve and a potential Ukraine-Russia war. “Every facet of my work continues to suggest that this is a chart book consistent with aContinue Reading

Tesla Starts to Recover After Breaching Key Technical Level

2021-05-18
By: Bill Muskegy
On: May 18, 2021
In: Breaking News

(Bloomberg) — Tesla Inc. eked out a little attain following slumping 14% in the preceding 6 investing classes and slipping briefly into oversold territory. Last week’s 12% fall was the worst since February and, alongside one another with Monday’s 2.2% drop, introduced shares down extra than a person-3rd from theirContinue Reading

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