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Renewed Momentum in Energy Stocks Suggests Sustainable Upswing. Which Charts Look Best?
The energy sector is showing renewed life, with exploration and production stocks starting to catch up to equipment peers. The VanEck Oil Services ETF continues to lead the group, up 8% year to date, ...
Chart watchers will always keep an eye on underlying momentum indicators, like the RSI, to see if they are sending signals that are different that what the stock price is saying. The idea being, if ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. The S&P 500 added 3.9% in the second quarter, driven by AI-themed stocks, though six out of ...
The momentum factor describes a quantitative investing style that favors stocks that are outperforming with strong price momentum. The iShares MSCI USA Momentum Factor ETF (MTUM) offers a tradable ...
Technology stocks are riding high following Nvidia Corp.’s latest blockbuster earnings report, which helped push the Nasdaq-100 and the S&P 500 technology sector to fresh record highs last week. But ...
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