ChartPros Market Insights

Meta (META) reports earnings after market close today and seemingly all eyes are on the social media giant.

When we last featured Meta in July 2023 price was trading shy of $300.  Since then, price has gone on to make new all time highs (ATH) at $531.49 earlier this month. 

Don't you wish you followed us then?

Seagate Technology crafts precision-engineered data storage and management solutions.  The company reports earnings after market close today and there seemingly is a lot of pre-release buying driving their stock price up.

With many other companies set to report earnings this week as well we set out to review their chart from a price action technical analysis perspective.

See where price could be heading this week.

Gold (ticker /GC on Think or Swim) has been on a massive bull run making multiple new all time highs (ATH) since Thanksgiving time frame and now it's becoming almost a weekly occurrence.

We see all the headlines calling for Gold $3000 and even $5000... and while that's totally possible, price never moves in a straight line - and we all know that any market cycles up and cycles down.

We've had many requests to identify upside targets for gold, which is not the same as calling a top!

See what we came up with!

The term "Black Swan" denotes an unexpected financial crisis with profound consequences, merging extreme rarity with a significant impact on stock markets and risk management.

It’s often stated that “history repeats itself.”

Get the inside scoop on how to plan for the best but prepare for the worst.

Ansys (ANSS), a NASDAQ 100 company, develops and markets CAE/multiphysics engineering simulation software for product design, testing and operation and offers its products and services to customers worldwide.

The company made headlines this week by announcing they recently strengthened their collaboration with NVIDIA (NVDA) to boost the advancement of simulation solutions backed by pioneering technologies like computing and generative AI.

With this in mind we set out to review their chart from a price action technical analysis perspective.

Nice (ticker NICE) is making headlines today for posting better than anticipated earnings.

According to the company's website "NICE empowers organizations to deliver extraordinary and hyper-personalized customer experiences across digital and voice channels and from any location with our AI-infused cloud native CX platform."

Ohhhh, there's that AI term that many tech companies have included within their product sets.

Nvidia (NVDA) by far has been the most requested chart in a very long time.  Most likely because they report earnings after the closing bell today.

We intentionally waited until the last hour of the regular trading hours (RTH) so as to obtain the latest at the money straddle options cost to determine what move the market is anticipating in either direction by the end of this week.

So with that in mind we're going to just cut to the chase and provide you the weekly and daily charts with the levels of interest of where price could go based on price action technical analysis.

Snowflake (SNOW) offers cloud-based data storage and analytics under a business model often labeled as Data as a Service (DaaS).

If you've never heard of them, first impressions may have you thinking so what, another cloud based software company?

But this cloud based company seemingly is different for one simple but major reason:  Warren Buffet's Berkshire Hathaway reportedly owns over 6 million shares in the company...

Now that will get a company headlines along with a lot of scrutiny along the way.