ChartPros Market Insights

The Calm Before the Storm

Will Daniels, a seasoned futures trader with a decade of experience, sat at his desk, his eyes fixed on the array of monitors before him. The date was October 15, 2020, just weeks before the US presidential election. The markets had been unusually calm, but Will knew better than to trust the apparent tranquility.

"It's the calm before the storm," he muttered to himself...

See the rest of Will's story!

Here's just one example of the powerful benefits traders get for free from ChartPros!

Check out the earnings results and price movement after this article was posted on October 17, 2024!

The company has more than 100,000 customers and reports earnings after market close on Tuesday so we wanted to review their chart from a price action technical analysis perspective.

Wait until you see where price could be by this Friday!

If you're like us you may think of them as a "device company" like for keyboards and mice... but are seemingly much more than that nowadays.

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

See where price could be by this Friday!

CVS Health Corp (CVS) extended heavy losses after the company withdrew its profit guidance and named a new CEO.

According to published reports, CVS said it expected adjusted profit of $1.05 to $1.10 per share for the quarter ended Sept. 30 compared to analysts' estimates of $1.70... 

Yada, Yada, Yada...

Wait until you see where the most important level on their chart is!

Netflix (NFLX) earnings are coming after the bell Thursday, with analysts generally bullish on their stock so we wanted to provide a price action technical analysis review.

See where price could go by this Friday.

ASML Holding (ASML) extended heavy losses after the company trimmed its guidance, igniting a semiconductor stock sell-off.

After falling another 7% today price is in search of a definitive bottom...

See where that could be.

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.

With 24 brands, Stellantis was the world's fourth-largest automaker by sales, behind Toyota, Volkswagen Group, and Hyundai Motor Group at the end of 2023.

The company has been making recent headlines as the CFO was ousted and the CEO announced his retirement so we wanted to review their chart from a price action technical analysis perspective.

Stellantis portfolio companies include several familiar names.