ChartPros Market Insights

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.

Sony Group (SONY) is making headlines this week after reporting earnings and forecasting weakness in its gaming business.

Share price is getting hammered and seemingly may have an upcoming decision to make.

IQVIA Holdings (IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry and is making headlines today after posting better than expected earnings.

We've never heard of them before so we wanted to review their chart from a price action technical analysis perspective.

Wait until you see what we discovered!

Expedia (EXPE) announced a CEO change late Thursday while beating earnings estimates for the fourth quarter. Expedia stock gapped down from $160.05 to the $126 area Friday after hitting a 52-week high Thursday.

After learning about the huge gap down we wanted to review the chart from a price action technical analysis perspective.

Penske Automotive Group, Inc. (PAG) like many other companies reported earnings yesterday that provided a mixed financial performance for the fourth quarter and full year of 2023. 

But unlike many other companies Penske is not trading at or near all time highs (ATH) nor is it creating splashy headlines so we wanted to take a look.

Snap Inc., (SNAP) is all over the headlines today for reporting dismal earnings after the bell yesterday. 

Shares tanked roughly 35% in Wednesday morning trading from a little over $17 down to the $11.35 area, a day after the social media company missed revenue estimates and issued light guidance in its fiscal fourth-quarter earnings report.

We've been following their chart and will take a deeper dive into it's massive drop today.

Apple (AAPL) is one of the most popular requests we get, especially on earnings day like today as the global tech giant reports after the closing bell.

Both Amazon (AMZN) and Facebook (META) also report after regular trading hours as well so there's likely to be significant price movement in the after hours markets...

Cal-Maine Foods (CALM) states they're the largest producer and distributor of shell eggs in the United States.

The company is in the headlines this week for announcing a definitive agreement to acquire a broiler processing plant, hatchery and feed mill in Dexter, MO, from Tyson Foods, Inc.

Also, the company is scheduled to report earnings today after market close making them among the first batch of companies reporting earnings in the new year.

So we wanted to take a look at the company's stock chart from a price action technical analysis perspective.

Warehouse retailer Costco (COST) is making headlines this week for three significant reasons.

See what they are in our Chart of the Day!

Intuit Inc. (INTU) provides financial management and compliance products for small businesses, self-employed individuals, consumers, and accounting professionals in the U.S. and worldwide.

The company reported better than expected results for Q1 FY2024, with sales up 14.7% year over year to $2.98 billion. The company's full-year revenue guidance of $16 billion came in below analysts' estimates. 

In after hours trading price popped up to $599 before falling nearly 8% this morning to the $570 area.

Dollar Tree (DLTR) shares are trading up this morning despite falling short of third-quarter earnings estimates on the top and bottom lines.

Trading at $118.73, well off its $177.19 all time high (ATH) set about a year and a half ago, we wanted to see from a price action technical analysis perspective why price might be trading higher given the earnings miss.

Dick's Sporting Goods (DKS), a big box sporting goods retailer, reported better than expected earnings before the market open on Tuesday and is trading up about 8% around $127.

Wait until you see the reasons why we selected this chart today!