Confirmation buying in the dollar index could put more pressure on stocks and commodities. More
- Poll of the Day
Technical analysis scrutinizes equities based on past measurements like asset price and trading volume, which give a view of past performance and stock trends. The technical analysis method does not assign value to a given equity; rather it simply reviews charts and statistical measurement of historical market activity in order to best predict future moves.
Investors should pay close attention to an equity’s direction, speed and distance throughout a technical analysis review. Is the price traveling in an upward or downward direction? What speed is the price moving at? Lastly, what distance will the price travel in a given direction?
While it may not be the sexiest play, CVS Health Corp is showing relative strength. More
Follow-through selling confirmed a bearish reversal in Bank of America Corp. More
Following a post-earnings pop, VMware, Inc. has consolidated in a tight range. More