ChartPros Market Insights

Tech giant Microsoft (MSFT) has been in the headlines recently with respect to the recent Global IT outage and their stock price has since "gotten a haircut" as they say.

The company reports earnings Tuesday July 30 after market close so we wanted to review their chart from a price action technical analysis perspective.

See where price could be heading by this Friday.

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.

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.

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

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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...

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. 

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...

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.

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.

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.