ChartPros Market Insights

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.

The S&P 500 futures (ticker /ES) are making fresh new all time highs (ATH) again today...

A frequently asked question we get is "high how can the markets go?"

The simple answer is "nobody knows with any certainty but basically the markets can go as high as they want to..."

Whenever price is at or near all time highs the only two price action tools we can use to estimate upside targets are Fibonacci and Trend.

See the price action technical analysis estimated upside price targets for the S&P 500 using Fibonacci and Trend.

IBM is making headlines today as its stock price is making fresh new all time highs for the first time in over a decade.  This may come as a surprise to many as the global IT giant seemingly had been an industry laggard for a very long time.

Like many global companies IBM has weathered numerous storms, re-invented itself a few times (keep in mind IBM stood for International Business Machines and was once famous for making typewriters), but is still a force across the globe.

See the potential upside targets!

Nvidia 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 few hours of 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.

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.

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!

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. 

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!