ChartPros Market Insights

Gold and GLD are both breaking records - gold charging toward $3,200 and GLD flirting with $300.

When we flagged this back in February 2024, GLD was $192 and gold was around $2,000.

You could’ve ridden the wave. Didn’t? Bet you wish you had.

See how to spot the next pull back zone.

Delta (DAL) Takes Flight After Strong Q1 Beat

Delta Airlines (DAL) delivered impressive Q1 results, outperforming expectations on both revenue and profit. Despite a sharp 15% selloff last week—mirroring a broader 12% market drop driven by trade tensions - DAL staged a powerful comeback. 

A pause in tariffs and renewed confidence in Delta’s earnings strength sparked a 23% rally today. While the outlook remains cautious amid economic headwinds, today’s rebound highlights the market’s readiness to reward fundamentals when the skies start to clear.

CVS Health (CVS) announced that Brian Newman will step in as Chief Financial Officer starting April 21, 2025. The market responded favorably, with the stock jumping about 5% earlier today—adding to a more than 50% gain since January.

However, context matters. Before this recent run, CVS shares had suffered a steep 60% decline over the past two years. It’s a stark reminder that short-term rallies can often mask longer-term trends.

For investors and traders alike, navigating moves like these requires more than headlines - it demands a structured, rules-based approach to price action. Long-term success comes from proven processes, disciplined risk-reward management, and consistent execution.

SAP Under Pressure: Stock Slides Further Amid Tariff and Workforce Concerns

SAP (SAP) fell another 2.8% today, deepening a decline that now totals roughly 17% since early February. The sustained selloff comes as some analysts raise concerns over recent tariff announcements and potential reductions in government-related workforce spending - both of which could dampen the company’s future revenue growth. While SAP remains a key player in enterprise software, these macroeconomic headwinds are prompting a cautious reassessment from traders and investors.

Tariffs Bite as DELL Sinks 7% another today...

Dell Technologies has taken a hit amid renewed trade tensions and deepening supply chain disruptions. With the stock now down nearly 60% over the past year, today’s 7% drop has traders eyeing key technical levels.

This analysis breaks down the price action to map what could come next.

With new tariffs shaking up the markets all eyes are on the market's "FEAR" Index the VIX

Today's Chart of the Day dives into price action and key technical levels to watch. 

Volatility = Opportunity

Traders & investors - don’t miss this one!

Tariff Shockwave: Global markets just took a hit after new U.S. tariffs dropped.

Markets reacted fast—what's next for the S&P 500?

Chart + price action outlook

The Global X U.S. Infrastructure Development ETF (PAVE) allocates at least 80% of its assets to securities included in its underlying index. This index tracks the performance of U.S.-listed companies that are integral to domestic infrastructure development.

During periods of persistent tariffs or inflation, Infrastructure and Materials sectors often stand to benefit disproportionately.

In anticipation of new tariffs scheduled for April 2 this analysis will take a price action technical analysis approach to assess key levels and potential next moves for the ETF share price.

Rocket Companies (RKT) announced its second major acquisition this month on Monday, signaling a push to expand its footprint in the fragmented mortgage servicing sector.

The company plans to acquire mortgage servicer Mr. Cooper (COOP) in an all-stock deal valued at $9.4 billion. This follows Rocket’s earlier move to acquire Redfin (RDFN)—a well-known real estate brokerage and home data platform—for $1.75 billion.

As requested, this analysis will take a price action technical analysis approach to assess key levels and potential next moves for the stock.

Broadcom (AVGO) is down 15% in the last month and over 30% since late 2024 — yet some analysts are stating “buy.” With the chart in a virtual free fall, we had to ask: is this real conviction or just blind optimism?

As requested, this analysis will take a price action technical analysis approach to assess key levels and potential next moves for the stock.

Since May 2023, we've delivered over 450 high-impact Charts of the Day and provided elite-level Price Action Trading education — 100% FREE — to traders inside our highly-rated Trade Room.

Copper futures (ticker /HG) are making headlines again this week because its price reached a new all time high (ATH) on Wednesday following a report that President Trump may enact tariffs on copper imports sooner than anticipated.

Some say it's because of the news while others are making the case for technical analysis.

As requested, this analysis will take a price action technical analysis approach to assess key levels and potential next price moves for this chart.

Teck Resources Limited (TECK) is involved in the research, exploration, development, processing, smelting, refining, and reclamation of mineral properties across Asia, the Americas, and Europe. 

The company has recently been in the headlines as Copper futures are trading at or near all time highs (ATH).

As requested, this analysis will take a price action technical analysis approach to assess key levels and potential next moves for the stock.