Shares of Tesla Inc. (TSLA) have been decidedly rangebound over the last two months, bouncing between support around $220 and resistance at $290. The recent price action, as well as the momentum characteristics, have confirmed this sideways trend for TSLA. How the stock exits this consolidation phase could make all the difference! In this article, we’ll look at this intriguing technical setup, ...
If you’ve been exploring ways to take your options trading to the next level, the OptionsPlay Add-On for StockCharts is the single most impactful upgrade you can make. And now, it’s even better. Courtesy of a big and highly-anticipated update, the Strategy Center within the OptionsPlay Add-On now runs directly on your ChartLists—allowing you to discover optimal Covered Calls, Short ...
Speaking overall, the stock market hasn’t changed course after last week’s bounce; the upside momentum is still here, albeit acting a little tentative. One piece of news that may have helped move the market higher on Tuesday, though, was President Trump’s decision to scale back on auto tariffs. Investors seem to be looking forward to any news of progress on ...
International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and quantum computers. “We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains ...
Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. Bourla’s remarks on the company’s first-quarter earnings call came in response to a question about what Pfizer wants to see from tariff negotiations that would push the company to increase investments in the U.S. It comes ...
There’s regular-season Connor Hellebuyck. He’s the one who won the Vezina Trophy last season for the second time, was named a finalist on Monday and is expected to win it again. Then there’s playoff Connor. Once a stalwart, he struggled during the 2023 and 2024 playoffs, going 2-8 with a 4.28 goals-against average and .878 save percentage. That includes giving ...
With the 2025 NFL draft receding into the rear view, the focus now shifts from assessing would-be prospects to young men who have officially become incoming rookies – many poised to push some far more established teammates (for now?) out the door. The NFL is generally an up or out league, but it’s certainly an environment where teams are always ...
With only about a month until the start of the NCAA tournament, the college baseball world received some surprising news Monday. Mississippi State coach Chris Lemonis, who led the Bulldogs to their first and only national championship in 2021, has been fired, the university announced. Assistant coach Justin Parker will serve as the interim head coach for the remainder of ...
South of the border, cooling rhetoric from the Trump administration led a relatively quiet news week. Markets were volatile at the start of the week, however, after US President Donald Trump suggested on April 17 that Federal Reserve Chair Jerome Powell’s “termination couldn’t come fast enough.” The president softened his stance on Tuesday (April 22), saying he has no intention ...
As Canada prepares for a federal election, the Prospectors & Developers Association of Canada (PDAC) is pressing political parties to commit to long-term support for the Mineral Exploration Tax Credit (METC), emphasizing its crucial role in sustaining the country’s resource exploration industry. While the Liberal government announced a two year METC extension earlier this month, PDAC is urging the next ...
John Ciampaglia, CEO of Sprott Asset Management, shares his outlook for the gold price. ‘To us, gold could continue to rally here. It’s going to be volatile — we see all these days of plus US$100, down US$100. So you have to be kind of careful you don’t get overly whipsawed around,’ he said. Securities Disclosure: I, Charlotte McLeod, hold ...
The crypto community has its eyes on the next FOMC meeting holding in May, with discussions on whether Jerome Powell and the Fed will cut interest rates. However, traders are betting against this happening and instead, expect the US Central Bank to hold rates steady despite calls from US President Donald Trump. Will The Fed Cut Rates Following The May ...