Recap: S&P 500 Recent Performance: November 1–17, 2024 The$S&P 500 Index (.SPX.US)$$SPDR S&P 500 ETF (SPY.US)$has demonstrated strong gains this year, but November has seen mixed momentum: November 1–8: The index surpass past 6,000 (ATH: 6017🥳🥳🥳), supported by solid earnings reports, improved consumer sentiment, and optimism about future Federal reserve rate cuts. November 11–17: The$S&P 500 Index (.SPX.US)$$SPDR S&P 500 ETF (SPY.US)$retreated...
Stocks to Watch Coterra Energy Inc (CTRA US)$Coterra Energy (CTRA.US)$ Daily Chart -[BULLISH ↗ **]CTRA US pushed higher after shaping a bullish breakout. As long as price is holding above 25.20 support, a further push higher towards 26.95 resistance is expected. Technical indicators are advocating for a bullish scenario as well with bullish momentum building and MA golden cross is seen. Alternatively: A daily candlestick closing below 25.20...
72423057
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I want to ask those studying stock price charts, whether it is the stock price that determines the chart, or the chart that predicts the future trend of the stock price?
Moon fairy 大炮仙 ❤
72423057
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Chart is just a references, history or an information for you to guess what the price or trend going to form in the future. And is no guarentee that even you study the chart you will know the future. And if eg 1000 people see the same chart and almost 90% guess the same things maybe it will be chart leading us to play in the same way to had that same outcome.
wahlao
72423057
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Its human emotions determine stock price, price determine chart. See chart to see human emotions, but humans could be logical so u can't be sure 100%. It's the meaning of life. Deep.
fearless Puppy_9024
72423057
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Stock prices determine charts through recorded trading activity. However, charts can influence market behavior indirectly when traders use them to predict trends. External variables like institutional trades, company news(e.g. earning reports, mergers, acquisitions, product launches or management change) and micro-economic factors(e.g. interest rate, political events, global market conditions) can also override typical chart-based predictions by introducing sudden volatility or trends.
$Occidental Petroleum (OXY.US)$This stock has been trending down and broken all supports , does not looking positive in the short to mid term. 1. Depressing oil price due to unfavorable economy forecast around the world esp China 2. Oversupply will be exacerbated with peace deals being hammered out after Trump’s inauguration + more “drill-baby-drill” activities 3. Strong USD rally in short to mid term likely to depress most commodities prices including oil...
FIRE Keith
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As per Mr. Warren Buffett's opinion, Occidental Petroleum (OXY.US) and its CEO, Vicki Hollub, are taking commendable actions that align with the nation's most pressing needs.
FIRE Keith
Oxy
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The distinction between successful investors and typical investors lies in their approach to investing. Successful investors focus on acquiring quality businesses, while typical investors tend to focus on buying stocks.
Lnova : where is $Super Micro Computer (SMCI.US)$