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January 5 Chart of the Day - One Span

January 5 Chart of the Day - One Span

Boston based cybersecurity company One Span, Inc. (OSPN) announced a major change in its leadership to boost its strategic direction and help the company's transformation process. 

Its stock is trading down again today at $9.50 after falling from the $33 area just a few short three years ago.

From a price action technical analysis perspective the chart has seen plenty of ups and downs over the past 25 years.

January 4 Chart of the Day - Snowflake

January 4 Chart of the Day - Snowflake

Snowflake (SNOW) offers cloud-based data storage and analytics under a business model often labeled as Data as a Service (DaaS).

If you've never heard of them, first impressions may have you thinking so what, another cloud based software company?

But this cloud based company seemingly is different for one simple but major reason:  Warren Buffet's Berkshire Hathaway reportedly owns over 6 million shares in the company...

Now that will get a company headlines along with a lot of scrutiny along the way.

January 3 Chart of the Day - Cal-Maine Foods

January 3 Chart of the Day - Cal-Maine Foods

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.

January 2 Chart of the Day - Boyd Gaming

January 2 Chart of the Day - Boyd Gaming

Boyd Gaming has been in the headlines recently for its stock price run up, dividend announcement, and benefiting from a robust demand in sports betting.

Before today we've never taken a look at their chart.

Upon initial review a few observations immediately come into focus.

See what they are!

Happy New Year! 2024 New Year Resolutions...

Happy New Year! 2024 New Year Resolutions...

Traditionally, many people make New Year's resolutions. Some promise themselves that they'll eat better, lose weight, behave nicer, stop bad habits, start new habits... You've probably been there done that.

But what about your trading? Have you made resolutions before? Like have more discipline? More patience? Stop chasing trades? Some may even consider quitting trading altogether?  

See what our New Year resolutions are...

Chart of the Day - Will Resume January 2, 2024

Chart of the Day - Will Resume January 2, 2024

The ChartPros editorial staff will be celebrating the holidays with friends and family from December 22 until January 2 and our highly popular Chart of the Day will resume after the new year.

Merry Christmas and Happy New Year!

December 21 Chart of the Day - CVS Pharmacy

December 21 Chart of the Day - CVS Pharmacy

CVS Pharmacy (CVS), one of the largest pharmacy chains with over 9000 locations, announced earlier this month that it is launching a new reimbursement model, CVS CostVantage, that will reset how reimbursement happens in an industry and ensure drug prices reflect how much pharmacies pay for the drugs themselves.

That, along with other cost savings measures, has lifted the company's stock price over 20% during the past two months. 

See where price could be heading...

December 20 Chart of the Day - ProShares UltraPro Short S&P 500

December 20 Chart of the Day - ProShares UltraPro Short S&P 500

ProShares UltraPro Short S&P 500 (SPXU) seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the S&P 500.

Is it time to start considering?

December 19 Chart of the Day - Costo

December 19 Chart of the Day - Costo

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

See what they are in our Chart of the Day!

December 18 Chart of the Day - US Steel

December 18 Chart of the Day - US Steel

US Steel (X) apparently has agreed to be acquired by Japan's Nippon Steel for $14.9B cash which comes out to $55 per share.

In what turned out to be a bidding war Nippon outlasted Cleveland-Cliffs $35-per-share cash-and-stock bid for U.S. Steel.

A couple of question immediately come to mind regarding this transaction.

Gear Up for 2024: Enhance Trading Outcomes with this Year-End Strategy

Gear Up for 2024: Enhance Trading Outcomes with this Year-End Strategy
You may have had similar thoughts as I have lately about year end trading strategies that could possibly help performance heading into 2024.
 
One of the first things that came to my mind was just taking the rest of the year off and coasting until January...  
 
That all changed when I learned about something unprecedented the other day and I immediately thought about all the traders I know with ambitious income goals like you!
 
What I'm about to share with you I've never seen or even heard of before. 

December 15 Chart of the Day - Nasdaq 100 Index Upside Targets

December 15 Chart of the Day - Nasdaq 100 Index Upside Targets

As you and many other traders with ambitious income goals may have recently noticed several equities and indexes are at or near their all time highs (ATH). 

Today we'll take another look at the Nasdaq 100 futures index (/NQ) in an attempt to answer the question "where could price be heading."

To help us, we recently dusted off and pulled from our vault a previous FREE Market Insights Briefing titled "All Time Highs - to trade or not trade."