ChartPros Market Insights

Trading can be an exhilarating and potentially lucrative venture, but it's not without its pitfalls.

Whether you're dipping your toes into the world of stocks, futures, commodities, crypto, forex, or options, avoiding common mistakes can mean the difference between success and failure.

Let's dive into the Top 10 mistakes traders often make and how you can sidestep them.

Papa John’s International, Inc. (PZZA) reported today preliminary sales and unit development information for the fourth quarter and full year ended December 29, 2024.

The company doesn't report earnings until February 27, 2025.  Some things just make you wonder and go hmmmm...

Note: for all intents and purposes price has been in search of a bottom for going on two years now.

Insurance and utility related stocks with California exposure significantly dropped Friday as Los Angeles firefighters continued to attempt to contain wildfires that have totally ruined thousands of homes and caused at least 10 deaths.

Shares of Allstate (ALL), the Travelers Companies (TRV), Chubb (CB), Mercury (MCY), and American International Group (AIG) — were all trading down on Friday with Mercury suffering the largest drop of roughly 20%.

Today, we take closer look at Mercury's chart from a price action technical analysis perspective.

When we last featured Morgan Stanley their stock was trading at $74 per share but has since skyrocketed to make new all time highs (ATH) above $135... 

Don't you wish you followed us back then?

Let's take another look from a price action technical analysis perspective to see where price could be heading next.

Helen of Troy (HELE) provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness.

The company owns several brands you may be familiar with.  What you may not realize is how beaten down their share price has been and may continue to be. 

See where price could be heading next.

Comerica (CMA) provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments and is scheduled to report earnings on January 22 before market open.

Today, we'll take a deeper look from a price action technical analysis perspective to identify potential price levels of interest in both directions.

C.H. Robinson Worldwide, Inc., together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally.

The company's share price nearly doubled in the last year but recently was firmly rejected around a previous support/resistance level pushing it back down to the $100 area.

Today, we'll take a deeper look from a price action technical analysis perspective to identify potential price levels of interest in both directions.

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The 2024 Charty Awards!

There have been some amazing charts during 2024 so we sought out to Award a Chart of the Year!

The list is long of top performing charts but one of the criteria we chose was a chart that we featured and a chart that we know with certainty traders like you, or us for that matter, actually executed and benefited from one of our many featured Chart of the Day posts.

Vote for 1 of the 3 finalists for Chart of the Year!

Dine Brands (DIN) operates restaurants you may be familiar with...

What you may not realize is how beaten down their share price has been and may continue to be.  We'll take a deeper look from a price action technical analysis perspective to see where price could be heading next.

Worthington Enterprises, Inc. (WOR) stock jumped over 15% today on surprise earnings but was this a premature lift off?

We'll take a deeper look from a price action technical analysis perspective to determine where price could go next.

Healthcare providers, including Cigna Healthcare (CI), are making headlines because of falling share price due to potentially unknown cost structure changes coming in 2025.

Selling pressure continued today for Cigna with share price closing down another 2.8% adding to the 25% drop in price since mid September.

By request, we'll take a look at their chart from a price action technical analysis perspective to see if we can identify where price could be heading.