FREE Guide: 6 Fibonacci Types that Create the Most Precise Price Levels, Targets, and Reversal Zones

ChartPros Market Insights

What is a "Black Swan Event" and How the Next One Could Shake the Financial World (again)

What is a "Black Swan Event" and How the Next One Could Shake the Financial World (again)
What an eventful week in the world we live in...
 
Assassination attempt on Trump, global IT outage, Biden drops out, what could possibly be next?

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.

July 17 Chart of the Day - Micron Technology

July 17 Chart of the Day - Micron Technology

Micron Technology, along with other semiconductor / AI related stocks, fell hard today so we wanted to take a look at their chart from a price action technical analysis perspective.

We have featured over 250 Charts of the Day since May 2023 and teach Price Action Trading for FREE  to traders who join our Highly Rated Trade Room.

July 12 Chart of the Day - VIX

July 12 Chart of the Day - VIX

The Volatility Index (VIX) moves inversely to the indices and can often be an indicator of upcoming market moves... 

Join us as we walk you through the specific details of the correlation between the VIX and the rest of the market and how to incorporate this relationship into your trading style to increase confidence and consistency!

Get Your FREE VIX Trade Entry Timing Course Today!

What's Your Trading Setup Look Like?

What's Your Trading Setup Look Like?

I often think about and wonder what and how technology could have reshaped our present lives if it existed centuries ago.  Along those lines, I wonder what sort of setup Jesus might have had if He used a computer. 

One of the most frequently asked questions I get is “Tom, what computer do you trade from and how many monitors do you have setup?”

My answer surprises most people and may surprise you as well...

July 10 Chart of the Day - Qualcomm

July 10 Chart of the Day - Qualcomm

Qualcomm is routinely in the headlines as a benefactor from the AI industry's hyper growth.  As a result, the company is coming off fresh $230.63 all time highs set just about a month ago.

When we last featured Qualcomm back in September 2023 the company's share price was trading at $110.

Don't you wish you followed us then?

Today, we'll take another look at their chart from a price action technical analysis perspective. 

All Time Highs - to trade or not trade webinar replay

All Time Highs - to trade or not trade webinar replay

Learn the top strategies for trading all time highs and managing risk.

Many equities and indexes are at or near their tops. Trading all time highs (ATH) can be a risky proposition because there is less historical data available at these levels.

Join ChartPros for this informative and potentially money making/saving FREE webinar replay to help boost your trading confidence, consistency, and trading results.

July 3 Chart of the Day - AMD

July 3 Chart of the Day - AMD
Advanced Micro Devices (AMD) and NVIDIA (NVDA) are often mentioned in the same breath however AMD is quickly and often positioned as the "little brother" when it comes to AI chips.

When we last featured AMD a little more than a year ago their stock was trading in the $130 area and since went on to make new $227.30 all time highs (ATH) this past spring.

Don't you wish you followed us then?

June 14 Chart of the Day - Adobe

June 14 Chart of the Day - Adobe

Adobe is making headlines today as its stock price posted the biggest gain in more than four years after the company projected strong future sales for its creative products, suggesting customers are adopting the company’s new artificial intelligence (AI) based tools.

So for just about any mature type company like Adobe that is adopting AI we like to review their chart from a price action technical analysis perspective.

See where price could be heading...

June 4 Chart of the Day - Intel

June 4 Chart of the Day - Intel

Intel is making headlines this week as the company announced new data center chips to rival AMD and NVDIA.

In unspectacular fashion, their stock price essentially hasn't moved this week so we wanted to review their chart from a price action technical analysis perspective.

When we last featured Intel on June 22, 2023 price had been range bound roughly between $25 and $37 for quite some time.

See where price is today and where it could be going.

May 9 Chart of the Day - The Utilities Select Sector SPDR Fund

May 9 Chart of the Day - The Utilities Select Sector SPDR Fund

The Utilities Select Sector SPDR Fund (XLU) seeks to provide investment results that deliver an effective representation of the utilities sector of the S&P 500 Index.

The fund is making headlines this week because it has risen 10 of the past 13 weeks so we wanted to review the chart from a price action technical analysis perspective.

See the upcoming price levels that could provide strong resistance and knock the bulls back down.

April 24 Chart of the Day - Meta

April 24 Chart of the Day - Meta

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?

April 23 Chart of the Day - Seagate Technology

April 23 Chart of the Day - Seagate Technology

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.