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Market Overview

561
Articles

Mark Putrino

Benzinga Staff Writer

August 15, 2022 11:20 AM
Johnson & Johnson (NYSE: JNJ) stock is oversold and getting close to a level that has been support in the past. Oversold refers to momentum. It me ...
August 09, 2022 4:04 PM
The yield curve is the most inverted that it has been since 2000. This could be a sign of recession. It has been an accurate indicator in the past. Th ...
August 08, 2022 12:55 PM
When a stock is in a trading range for an extended period of time, a rectangle pattern forms on the charts. This is the case with Opendoor Technologie ...
August 03, 2022 12:48 PM
Shares of Airbnb, Inc. (NASDAQ: ABNB) have trended lower since the company reported its earnings. But the stock has found support around $108. This me ...
August 02, 2022 11:16 AM
Shares of Meta Platforms Inc. (NASDAQ: META) may be about to form a new downtrend. The stock is testing support. If the support breaks it could make a ...
July 26, 2022 1:11 PM
Sometimes a market can have a memory. This is why it may be time to buy Walmart Inc (NYSE: WMT). In financial markets, certain price levels are m ...
July 21, 2022 11:38 AM
Tesla, Inc. (NASDAQ: TSLA) may be about to break out. This means the share price could move even higher. Resistance is a large concentration of sell o ...
July 20, 2022 1:00 PM
Apple Inc. (NASDAQ: AAPL) appears to be breaking out. This means the shares could continue to move higher. Resistance is a large concentration of sell ...
July 19, 2022 12:19 PM
Shares of Meta Platforms, Inc. (NASDAQ: META) may be about to break out. That means they would move higher. Resistance is a large concentration of sel ...
July 14, 2022 12:22 PM
Oil has been in a freefall. The ProShares UltraShort Bloomberg Crude Oil ETF (NYSE: SCO) has been skyrocketing. And if oil keeps dropping, SCO will mo ...
July 12, 2022 12:31 PM
Shares of Advanced Micro Devices, Inc. (NYSE: AMD) have reached a support level. This means they could rebound and rally. Support is a large concentra ...
July 07, 2022 11:32 AM
Gold is oversold and at support. That means it may be time to buy the commodity. The downtrend that started in March may be over. The term "overs ...
July 06, 2022 1:05 PM
After a steep and rapid downtrend, shares of Advanced Micro Devices, Inc. (NYSE: AMD) have reached a critical support level. If it breaks, the shares ...
June 30, 2022 5:18 PM
If history is any guide, and it usually is, the SPDR S&P 500 ETF Trust (NYSE: SPY) could continue to trend lower. It may even get all the way down ...
June 28, 2022 12:02 PM
Shares of Advanced Micro Devices, Inc. (NYSE: AMD) have slammed into a wall of resistance. This means they may not move much higher in the short run. ...
June 21, 2022 10:53 AM
Sentiment is extremely bearish. That means shares of the SPDR S&P 500 ETF Trust (NYSE: SPY) may rally. It sounds counterintuitive, but there&rsquo ...
June 16, 2022 12:23 PM
Shares of Berkshire Hathaway Inc. (NYSE: BRK-B) have broken an important support level. That means there’s a chance they will continue to fall e ...
June 14, 2022 12:44 PM
Oil is testing resistance. If it breaks through, it could form a new uptrend. Resistance is a large group of investors trying to sell at, or close to, ...
June 13, 2022 12:13 PM
They say that markets have memories. If it’s true, there’s a chance the selloff in Microsoft Corporation (NASDAQ: MSFT) may be about to en ...
June 13, 2022 11:07 AM
There’s a chance that the SPDR S&P Metals and Mining ETF (NYSE: XME) may be about to rally. And it’s because of seller’s remorse ...
June 10, 2022 1:11 PM
Things may be about to get even worse in the bond market. As you can see on the following chart, the iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) ...
June 10, 2022 11:34 AM
Shares of Apple Inc. (NASDAQ: AAPL) have dropped to the important $138 level. This level has been support in the past and it may become so once again. ...
June 09, 2022 12:12 PM
There’s a chance shares of the iShares Biotechnology ETF (NASDAQ: IBB) may be about to break out. They are testing a resistance level. If they c ...
June 09, 2022 11:32 AM
Shares of Tesla, Inc. (NASDAQ: TSLA) have been moving higher. But if they reach the $765 level, there’s a good chance they run into resistance a ...
June 08, 2022 11:51 AM
The SPDR S&P 500 ETF Trust (NYSE: SPY) has run into resistance at around $415. If it can break through, there’s a good chance that a new upt ...
June 07, 2022 12:18 PM
The uptrend in Houston American Energy Corp. (NYSE: HUSA) may continue. The shares could be on the verge of a breakout. This would set the stage for a ...
June 06, 2022 2:15 PM
If the price of oil keeps moving higher, there’s a good chance that shares of the VanEck Oil Services ETF (NYSE: OIH) break out and move higher ...
June 06, 2022 1:23 PM
Bitcoin may be about to move higher. It has formed a classic rectangle pattern on its chart. This pattern can indicate a reversal. When markets h ...
June 03, 2022 2:26 PM
Unfortunately for shareholders of Tesla Inc (NASDAQ: TSLA), the stock reversed off resistance and may continue to trend lower. As you can see on the f ...
June 03, 2022 1:17 PM
Sometimes, the market can predict the future. And if that’s the case with the Energy Select Sector SPDR Fund ETF (NYSE: XLE), oil could could be ...