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BZ Chart Of The Day: AMD Tests Critical Support

By Mark Putrino
Today, 4:01 AM
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 could continue to trend lower. But if the support holds, meaning that the stock doesn’t trade below it, there could be a rebound.

AMD

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1 minute read
  • Movers
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BZ Chart Of The Day: AMD Slams Into Resistance

By Mark Putrino
Today, 4:01 AM
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.

AMD

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1 minute read
  • Broad U.S. Equity ETFs
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BZ Chart Of The Day: This Chart Says SPY May Bounce

By Mark Putrino
Today, 4:01 AM
Sentiment is extremely bearish. That means shares of the SPDR S&P 500 ETF Trust (NYSE: SPY) may rally.

SPY

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1 minute read
  • Short Ideas
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BZ Chart Of The Day: Berkshire Hathaway Breaks Critical Support

By Mark Putrino
Today, 4:01 AM
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 even further.

BRK-B

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1 minute read
  • Long Ideas
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BZ Chart Of The Day: Is The Microsoft Selloff About To End?

By Mark Putrino
Today, 4:01 AM
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 end or at lease pause.

MSFT

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1 minute read
  • ETFs
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Is This ETF Ready To Rally?

By Mark Putrino
Today, 4:01 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.

XME

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1 minute read
  • ETFs
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BZ Chart: Bond Market Bloodbath

By Mark Putrino
Today, 4:01 AM
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), which tracks the price of U.S. Treasury bonds, appears to be breaking support around the important $101 level.

IEF

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1 minute read
  • Long Ideas
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BZ Chart Of The Day: Apple Drops To Critical Support

By Mark Putrino
Today, 4:01 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. That means there’s a chance the current selloff pauses or even ends.

AAPL

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1 minute read
  • Dividends
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Why This Biotech ETF May Be About to Break Out

By Mark Putrino
Today, 4:01 AM
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 can get above it, a new uptrend may form.

IBB

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1 minute read
  • Technicals
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BZ Chart Of The Day: Tesla

By Mark Putrino
Today, 4:01 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 again. That could keep a top on the price.

TSLA

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