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☆ French stocks ETF looks poised to resume uptrend following election, according to the charts
▼ + stars: | 2024-07-08 | by ( Katie Stockton | ) www.cnbc.com time to read: +3 min

Despite the pullback, a primary uptrend remains in place for the CAC 40, in addition to the related iShares MSCI France ETF (EWQ) . Both proxies for French stocks appear to be finding their footing, which suggests that the market is welcoming the latest news regarding the election. Once the final outcome is determined, it would be natural for investors to respond favorably to the removal of uncertainty, particularly given the oversold status of French stocks. This suggests a counter-trend phase of outperformance is possible for French stocks versus U.S. stocks. Recent stabilization in many French stocks shows a positive reaction to widespread intermediate-term oversold conditions, which we gauge using the weekly stochastic oscillator.

Persons: LVMH Moet Hennessy Louis Vuitton, Katie Stockton Organizations: CAC, CNBC, NBC UNIVERSAL Locations: France, EWQ

☆ Still some downside to bitcoin within a long-term uptrend, says Fairlead Strategies' Katie Stockton
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStill some downside to bitcoin within a long-term uptrend, says Fairlead Strategies' Katie StocktonKatie Stockton, Fairlead Strategies founder and managing partner, joins 'Squawk Box' to discuss bitcoin's recently volatility, latest market trends, and more.

Persons: Katie Stockton Katie Stockton

☆ Bitcoin plummets as $9 billion Mt. Gox payout begins and government selling adds pressure
▼ + stars: | 2024-07-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Gox bitcoin recipients and government wallets. Gox still holds about 140,000 bitcoin and has started to repay creditors and former customers. The sharp decline has been accompanied by a wave of selling by notable bitcoin holders, including the defunct Mt. Fairlead Strategies highlighted $60,000 as a key support level that has since been broken. The decisive breakdown puts bitcoin's next support level target at around $51,500.

Persons: Bitcoin, Gox, —, Blockworks Organizations: Service, Bitcoin, Arkham Intelligence Locations: Mt, Gox, bitcoin, Germany

☆ Cathie Wood's ARK Innovation ETF poised to break out of its sideways trading, according to the charts
▼ + stars: | 2024-07-01 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: Cathie, ARKK, Katie Stockton Organizations: Innovation, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: ARKK

In a more defensive environment, we instead gravitate to lower volatility, higher dividend-paying stocks. By October, AT & T had pounded out a series of higher lows, confirming a rotation to a bullish trend. As a long-term trend gauge, I would assume that any price action above this trendline is still within the context of a bullish phase. I've also drawn a short-term trendline in pink, lining up the price lows in April, May, and June. Since an uptrend is formed by a pattern of higher highs and higher lows, then a consistent short-term uptrend would most likely remain above this trendline.

Persons: we've, I've, I'm, David Keller Organizations: CMT, CNBC, NBC UNIVERSAL, & $

The iShares U.S. Pharmaceuticals ETF (IHE) is up 9% since July 2015, when it hit a fresh all-time high. All of the back-and-forth movement since 2015 has produced what could be a monstrous bullish pattern. But we're trying to capture a major breakout from an area that's done next to nothing in nearly a decade. INVA, on the other hand, bottomed in March 2023, and just recently broke out of a large inverse head & shoulders pattern. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: IHE, Eli Lilly, Johnson, JNJ, MRK, Frank Cappelleri Organizations: U.S . Pharmaceuticals, IHE, Merck, CNBC, NBC UNIVERSAL Locations: U.S, LLY

Here's an update on the chart in a breakout shoemaker that is giving Nike a run for its money. In May, I wrote about On Holding AG (ONON) ahead of its earnings with a buy recommendation. You'll notice that the stock popped on the week of May 14th following the earnings report above the 2023 highs of $36.90. Looking at the valuation, NKE is trading about 26 times 2024 expected earnings and 25 times 2025 expected earnings. DECK is ranging from 10% to 20% revenue growth from the same period last year and ONON is running from 20% to 33% revenue growth.

Persons: NKE, outperformance, ONON, Roger Federer, Todd Gordon, Gordon Organizations: Nike, Holding, Inside Edge, CNBC, NBC UNIVERSAL

☆ Bitcoin is close to breaching a key support level that could trigger another 15% slide
▼ + stars: | 2024-06-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Bitcoin's 16% sell-off this month is testing a key support level at around $60,000. This support level is bolstered by Bitcoin's 200-day moving average of just under $58,000. A break below $60,000 could lead to a 15% decline to the next support level at $51,500. AdvertisementThe steady decline in bitcoin this month has the cryptocurrency testing a key support level that could ultimately give way to a more painful sell-off. But if it doesn't, and bitcoin decisively breaks below $60,000, that suggests the token could continue its descent to its next support level at around $51,500.

Persons: —, Bitcoin, Katie Stockton, bitcoin, Stockton Organizations: Service Locations: bitcoin

☆ Tesla setting up for a counter-trend rally, according to the charts
▼ + stars: | 2024-06-24 | by ( Will Tamplin | Fairlead Strategies | ) www.cnbc.com time to read: +7 min

However, our technical indicators suggest a bigger counter-trend rally could be in store for TSLA in the weeks ahead. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: TSLA Organizations: Nvidia, TSLA, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: TSLA

☆ Bitcoin is sending a warning that the stock market is about to sell off, Stifel says
▼ + stars: | 2024-06-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Bitcoin's 10% sell-off since June 7 signals a warning for the broader stock market. AdvertisementBitcoin's 10% sell-off since June 7 is sending a warning sign to the broader stock market, according to Stifel strategist Barry Bannister. Bitcoin's inability to hit new record highs suggests the stock market is likely to play catch-up as it's set to decline in line with the cryptocurrency, according to the note. Bannister isn't the only analyst on Wall Street taking stock market cues from bitcoin. AdvertisementAdding to Bannister's conviction of an imminent stock market sell-off is the Federal Reserve, which could keep interest rates higher for longer to combat still-elevated inflation.

Persons: Barry Bannister, Bannister, —, bitcoin, Bannister isn't, Katie Stockton, Stockton, " Bannister Organizations: Nasdaq, Service, Nvidia, Apple, Wall, Fairlead, CNBC, Federal Reserve, Big Tech

☆ Still believe in this bull market cycle for both equities and bitcoin: Fairlead’s Katie Stockton
▼ + stars: | 2024-06-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStill believe in this bull market cycle for both equities and bitcoin: Fairlead’s Katie StocktonKatie Stockton, Fairlead Strategies founder and managing partner, joins 'Squawk Box' to discuss the latest market trends, state of bitcoin, Treasury yields, and more.

Persons: Katie Stockton Katie Stockton Locations: bitcoin

☆ It's the hottest stock in the S&P 500 this month. When the charts say it's time to sell
▼ + stars: | 2024-06-17 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Persons: AVGO, Katie Stockton Organizations: Broadcom Inc, Nvidia, Fairlead, CNBC Pro, Securities Locations: AVGO

☆ Stockton: The steady uptrend we've seen in tech since October may not keep repeating itself
▼ + stars: | 2024-06-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStockton: The steady uptrend we've seen in tech since October may not keep repeating itselfFairlead Strategies founder & managing partner Katie Stockton says there are some market signals and trends indicating trading, particularly in the tech sector, could be dotted with some corrective periods in coming weeks and months.

Persons: Katie Stockton Locations: Stockton

☆ Katie Stockton on whether it's time to start worrying about the weak market breadth
▼ + stars: | 2024-06-10 | by ( ) www.cnbc.com time to read: +7 min

The major averages have been able to push higher recently, but there are signs that market breadth is deteriorating in a negative divergence. —Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein.

Persons: Russell, Katie Stockton Organizations: NYSE, Tactical Sector, Fairlead, CNBC Pro, Securities Locations: U.S

☆ European equities beginning to outpace U.S., says Fairlead Strategies' Katie Stockton
▼ + stars: | 2024-06-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEuropean equities beginning to outpace U.S., says Fairlead Strategies' Katie StocktonKatie Stockton, founder and managing partner of Fairlead Strategies, joins CNBC's 'The Exchange' to discuss European markets, yield moves, and more.

Persons: Katie Stockton Katie Stockton Locations: U.S

☆ The bounce in long-suffering solar stocks could be for real, according to the charts
▼ + stars: | 2024-06-03 | by ( Katie Stockton | ) www.cnbc.com time to read: +6 min

Persons: TAN, Katie Stockton Organizations: Fairlead, CNBC Pro, Securities Locations: TAN

☆ The charts indicate a long-term turnaround underway in natural gas. Here's a stock to play it
▼ + stars: | 2024-05-20 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Natural gas futures have cleared their 200-day moving average and appear to have entered a long-term basing process. Given the potential for a long-term turnaround phase in natural gas prices, we were drawn to the energy sector as a source of potential long-term stock opportunities. Secondary resistance for natural gas comes from a Fibonacci retracement level near $3.50/MMBtu. How to play it One of the natural gas-related stocks that sets up well from a technical perspective is Cheniere Energy (LNG) , which is a provider of liquified natural gas. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only.

Persons: Katie Stockton Organizations: Energy, Fairlead, CNBC Pro, Securities

☆ Nvidia’s earnings will be in focus next week as stocks try to sustain record levels
▼ + stars: | 2024-05-17 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The S & P 500 broke above 5,300, also for the first time. The S & P 500 has notched record close after record close in 2024. This quarter, the top-performing S & P 500 sector is utilities, higher by 9%, followed by communication services, up by 4%. The S & P 500 and Nasdaq Composite each closed out a fourth straight week of gains. Sustaining all-time highs Nvidia's earnings will also be a key catalyst at a time when technicians are watching to see whether stocks can sustain the record levels they reached this week.

Persons: what's, they're, Jay Woods, hadn't, Piper Sandler's Harsh Kumar, Kumar, Jensen Huang, Blackwell, Zachary Hill, Chris Zaccarelli, Zaccarelli, Woods, Katie Stockton, Stockton, TJX Cos, Raymond James Thursday, Ralph Lauren Friday, Nick Wells Organizations: Nvidia, Federal Reserve, Dow Jones, Freedom Capital, Dow, Nasdaq, Independent, Alto Networks, Devices, Target, Chicago, PMI, New, . Kansas City Fed, Intuit Locations: Stockton, . Kansas

☆ Expect one more market downdraft before the corrective phase ends, says Fairlead's Katie Stockton
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect one more market downdraft before the corrective phase ends, says Fairlead's Katie StocktonKatie Stockton, Fairlead Strategies founder and managing partner, joins 'Squawk Box' to discuss the latest market trends, technical indicators, and more.

Persons: Katie Stockton Katie Stockton

☆ This agricultural trade is bottoming with more upside likely ahead, according to the charts
▼ + stars: | 2024-05-13 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Persons: MOO, Katie Stockton Organizations: Deere, Co, Teucrium Wheat, Fairlead, CNBC Pro, Securities

☆ Expect a more volatile market for second half of the year, says Katie Stockton
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect a more volatile market for second half of the year, says Katie StocktonKatie Stockton, Founder and Managing Partner of Fairlead Strategies, discusses the technical signals from the markets.

Persons: Katie Stockton Katie Stockton

☆ This sector ETF that won big in April is set to outperform again after a pause, according to the charts
▼ + stars: | 2024-05-06 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Persons: XLU, Katie Stockton Organizations: Utilities, Fairlead, CNBC Pro, Securities

☆ Bitcoin tumbles 5%, tests key $60,000 price level as sell signal looms
▼ + stars: | 2024-04-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The crypto tested $60,000 on Tuesday and fell below a key support level of $61,100, according to Katie Stockton. Stockton said bitcoin is on the verge of flashing a sell signal based on a weekly momentum indicator. AdvertisementThe price of bitcoin dropped 5% on Tuesday, sending the cryptocurrency to test the key psychological level of $60,000. But bitcoin is on the verge of experiencing a double whammy as it breaks below a key technical support level and flashes a technical sell signal, according to Fairlead Strategies founder Katie Stockton. According to Stockton, bitcoin lost momentum near its 50-day moving average of about $66,900, which proved to be stiff technical resistance.

Persons: Bitcoin, Katie Stockton, bitcoin, —, Stockton Organizations: Service Locations: Stockton

☆ Apple and Tesla relief rallies could have further to go, according to the charts
▼ + stars: | 2024-04-29 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

While short-term rallies are in place for AAPL and TSLA, they are both challenged longer term from a technical perspective. —Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein.

Persons: Tesla, Elon Musk, TSLA, AAPL, Katie Stockton Organizations: Apple Inc, Tesla Inc, Fairlead, CNBC Pro, Securities

☆ Earnings reports have sparked big swings for tech stocks. Here's what chart experts are watching
▼ + stars: | 2024-04-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

A whirlwind earnings week saw traders jumping in and out of some of the biggest stocks in the market. For example, shares of Meta Platforms fell 10.6% on Thursday after earnings beat expectations, but revenue guidance was weak . On a chart, those big post-earnings moves can leave "gaps" that may become a key area to watch going forward. What's next for Meta Meta looks like a potential example of the gap being filled after its sharp drop on Thursday. A macro view The big moves by tech giants this past week could make index-level trades a bit tricky.

Persons: John Butters, Katie Stockton, Stockton, What's, …, Frank Gretz, Wellington Shields, Gretz, Larry Benedict, Benedict Organizations: Meta, CNBC, Nvidia, Wellington, Intel, Microsoft Locations: FactSet

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