Market Insights
Bringing you the trading news around the world.
Potential Bear Flag as News Worsens: Market Trends This Week
Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 stalls under 50-day MA, April 12 (weekly) close Potential bearish flag forming January 31...
Will the Fed Signal a Pause? Investors Are Waiting
Stocks could be tightening into a range as investors wait for another big Federal Reserve meeting. The S&P 500 fell 0.2 percent between Friday, September 8, and Friday, September 15. It was the second straight negative week, and the second consecutive week that...
Options Alert: Bulls Remain Active in Key Uranium Name
Uranium miner Cameco has rallied along with the price of the radioactive metal, and at least one big options traders is looking for the move to continue. This unusual activity was detected yesterday in the Canadian company: 10,000 October 42 calls were purchased for...
Chart of the Day: Are Chips Losing Their Edge to Software Stocks?
Semiconductor stocks have surged this year, thanks in large part to Nvidia. But they could be losing relative strength to software makers within the technology sector. Today’s main chart focuses on the VanEck Semiconductor ETF (SMH), which closely tracks the...
Breakout or Breakdown? Events This Week Could Set Market Direction
Stocks face major tests this week as investors brace for inflation data, a potential autoworker strike and the expected introduction of new iPhones. The S&P 500 fell 1.4 percent in the holiday-shortened week between Friday, September 1, and Friday, September 8....
Technology Rebounds as New Companies Rally In the Sector
Technology stocks are rebounding from a weak August as investors target a widening swath of companies like Intel and Western Digital. The S&P 500 rose 2.5 percent between Friday, August 25, and Friday, September 1. But technology stocks rallied 4.4 percent, their...
Energy Led in August as Higher Rates Dragged The Stock Market Lower
The stock market pulled back in August after a five-month rally. Energy was the only positive sector, thanks to rising oil prices. The S&P 500 was down 5.5 percent at its low on August 18, but rebounded to end the month with a 1.8 percent decline. More than...
Technology & Communication
Chart of the Day: Netflix Consolidates After Earnings Surge
Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's chart is the bullish gap on October 19 following the quarterly report. Prices cleared a peak of $394.90...
Call Volume Spikes in Nikola Before Shareholder Vote
After a big slide, one big options trader is looking for a rebound in Nikola. Large blocks of calls changed hands yesterday in the electric-truck developer. A block of 40,000 July 5.50 calls were bought for $0.22. The investor sold a matching number of July 6.50 calls...
Chart of the Day: Is it Prime Time for Amazon.com?
Amazon.com has retraced almost all of its pandemic gains. Is this an opportunity for buyers? Let's consider some chart patterns. First is the $101.79 level (split adjusted). It was a peak in July 2019 and a breakout area immediately before the coronavirus selloff in...
Every Tech Company in the S&P 500 Fell Last Quarter — Except July’s Mystery Stock
The technology sector just had its worst quarter in 14 years. Every member declined in the period -- except for July's mystery stock. The SPDR Technology Sector ETF (XLK) fell 20 percent between March 31 and June 30 -- its worst quarterly performance since late 2008....
AMD Was the Busiest Symbol at TradeStation for the Fifth Straight Month
Advanced Micro Devices made new lows in June, but it remained the most actively traded symbol at TradeStation Securities for the fifth straight month. AMD declined as investors shunned economically sensitive semiconductor stocks. It's lost more than half its value...