Market Insights
Bringing you the trading news around the world.
Stocks Retreat: Dovish Hopes Fade Before Key Fed Meeting
Stocks have pulled back as investors brace for more hawkish news from the Federal Reserve today. The S&P 500 declined 4.2 percent in April, breaking a five-month winning streak that began in November. Selling was widespread across the index, with more than...
Oil’s Fundamentals Could Be Weakening After a Big Surge
Energy stocks and crude oil were among the market's best performers in the third quarter, but fundamentals may be weakening. The sector started climbing in late June as Energy Department data showed crude-oil inventories remaining near long-term lows. The Strategic...
Stocks Try to Bounce as Yields Fall But Global Risks Increase
Stocks are trying to bounce as investors weigh potential positives against rising global risks. The S&P 500 rose 0.4 percent between Friday, October 6, and Friday, October 13. It was the index's second straight positive week as the fourth quarter gets underway....
Options Alert: Call Spread Targets New Highs in AMD
Advanced Micro Devices has climbed in the last two weeks, and options traders are looking for more gains through mid-November. Heavy volume was detected yesterday in two calls expiring next month. The trades occurred in dozens of blocks between about 1pm and 3pm ET....
Stocks Rebounded Last Week as Investors Put Rate Fears Behind Them
Stocks clawed higher last week as investors stopped worrying about high interest rates. The S&P 500 rose 0.5 percent between Friday, September 29, and Friday, October 6. At one point the index was down 1.7 percent, but it rallied sharply on Friday after...
Chart of the Day: Will Crude Oil Run Again?
Crude-oil futures are having their worst week since March, but some traders might think about buying the pullback. The first pattern on today’s chart is the price area around 83.50. It represented the peak in December and April. It’s also near the spot where ... For...
Higher Rates Just Gave Stocks Their Worst Month of The Year
Stocks pulled back hard in September as interest rates and oil prices soared. The S&P 500 dropped 4.9 percent last month, its biggest decline since December 2022. About 85 percent of the index's members lost value. Similar to August, energy was the only positive...
Technology & Communication
Chart of the Day: Tight Price Action in Microsoft
Microsoft has paused this month as the Nasdaq-100 climbs to new highs. However, some chart watchers could look for the software giant to come off the sidelines. The first pattern on today’s chart is the December 1 close of $374.51, which became resistance. A daily...
Stocks Keep Diving With the Fed Still Pushing Interest Rate Hikes
Stocks keep diving as the Federal Reserve menaces investors with aggressive interest-rate hikes. The S&P 500 fell 3.3 percent between Friday, August 26, and Friday, September 2. It was the third straight negative week, with over 90 percent of the index's members...
Chart of the Day: Is This Chip Stock Rolling Over?
Advanced Micro Devices has bounced sharply from its early-July lows, but some patterns could be pointing lower for the chip stock. The first pattern on today’s chart is the descending parallel channel that’s been in effect most of the year. AMD’s latest highs...
Chart of the Day: Does Tesla Need to Recharge its Batteries?
Tesla rallied more than 50 percent from its lows of the year through earlier this week. But now it may be running out of juice. The main pattern on today's chart is the price area around $939. It was the opening price on May 5 before TSLA knifed under its 200-day...
Technical Analysis: Netflix Shares Are Inching Toward a Big Price Gap
Does anyone remember Netflix? After losing three-quarters of its value between November and May, the streaming-video stock may be trying to claw its way back. The first pattern on today’s chart is the bearish price gap on April 20 after the business unexpectedly lost...