By

Christian Tharp, CMT
Market Recap For April 5th, 2022 Monday’s market left a strong impression that the market’s rally was set to head even higher. Maybe it is, but not on Tuesday. Yesterday is difficult to make much out of. Most major indices could simply be in the pullback mode of last week, while the Russell looks a...
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Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and...
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Market Recap For April 1st, 2022 Thursday’s decline was the deepest one since the current rally started back in early March. Friday’s initial follow through was no surprise. The end of week dip didn’t last too long, with all major indices appearing to be set to resume their rallies this week. Yesterday’s Sector Performance Real...
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Nevro Corp. engages in the provision of medical devices. The firm focuses on providing products that improve the quality of life of patients suffering from debilitating chronic pain. It develops and commercializes senza spinal cord stimulation system, an evidence-based neuromodulation platform for the treatment of chronic pain. Take a look at the 1-year chart of...
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Market Recap For March 31st, 2022 Yesterday’s Spotlight stated that traders should not be surprised if Wednesday’s decline was the start of a bigger pullback. Surprise! All major indices closed on their respective lows, which commonly spells trouble for the following morning, at minimum. Yesterday’s Sector Performance The defensive sectors, like Utilities and Staples, held...
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Market Recap For March 30th, 2022 A day after breaking above key resistance points, markets took a break. Most of the damage on the downside was isolated to the Russell 2000 stocks. The rally has been persistent. Traders should not be surprised if yesterday started a bigger pullback to relieve some of the overbought sentiment....
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Market Recap For March 29th, 2022 BREAKING NEWS!! The market was up yesterday. Wow. Can’t believe it. It’s almost like it’s up every day over the past two weeks. Not much to say that hasn’t been said over the past few days. The markets is currently unstoppable, so bearish traders should stay out of its...
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Market Recap For March 28th, 2022 Friday’s market was a back-and-forth affair. A new recovery high was hit, then a new low of the day, then back to the high, and down again, and back up. Hard to work with that kind of day, but the bottom line it the rally that started two weeks...
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Market Recap For March 25th, 2022 Friday’s market was a back-and-forth affair. A new recovery high was hit, then a new low of the day, then back to the high, and down again, and back up. Hard to work with that kind of day, but the bottom line it the rally that started two weeks...
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Petco Health & Wellness Company, Inc. engages in the provision of pet health and wellness services. It offers grooming, as well as in-store and online training. Take a look at the 1-year chart of Petco (NASDAQ: WOOF) below with the added notations… Chart of WOOF provided by TradingView Over the past few months, WOOF has...
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