Market Insights
Bringing you the trading news around the world.
Stocks Break Out as Cyclicals Rally: Market Trends This Week
Downloads are available here. TradeStation’s ideas on TradingView are available here. The next Market Trends will be Thursday, April 4. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 closes at record high above 5200 Advance / decline...
Undercounting: A Potentially Bearish Twist to the Coronavirus Outbreak
Editor's note: This article was originally published on February 27, 2020. A new and potentially bearish twist is emerging in the coronavirus outbreak: the risk of health officials undercounting cases. "We could have it spread here in the United States and not be...
Diagnosing the Coronavirus Selloff: Just How Bad Is It?
Editor's note: This article was originally published on February 25, 2020. Stocks continued their selloff on Tuesday as coronavirus spreads around the world. Here are some facts on what it means for your money. First, this pullback is now a "big one." The S&P 500...
One Bearish Story After Another Seems to Be Hitting Crude Oil
Editor's note: This article was originally published on January 22, 2020. Energy may be resuming its downtrend as one bearish story after another piles up. Crude oil futures (@CL) are down for the third straight week. That's the longest losing streak since they last...
Options Alert: Can DoorDash Keep Delivering for the Bulls?
DoorDash jumped earlier in the week, and one big options trader seems to think the move will continue. Check out this large transaction in the food-delivery company: 25,000 December 35 calls were sold for $22.10.35,000 February 45 calls were purchased at almost the...
Stocks Just Did Something For the 1st Time Since Bear Market Began: November Recap
Stocks just completed back-to-back positive months for the first time in over a year as investors look for the Federal Reserve to slow aggressive interest-rate hikes. The S&P 500 rose 4 percent in November following an 8 percent surge in October. (The last set of...
Stocks Eye Key Resistance as the Fed Looks to Slow Interest Rate Hikes
Stocks are eying key resistance as the market attempts its second straight positive month. The S&P 500 rose 1.5 percent in the holiday-shortened week between November 18 and November 25. The index is up 4 percent so far in November. If the gains hold through...
Technology & Communication
Chart of the Day: Tight Consolidation in Semiconductor Equipment Stock
Semiconductors have outperformed lately as investors get excited about demand from artificial intelligence (AI). Today’s chart considers equipment supplier Lam Research . The first pattern is the rising 50-day simple moving average. LRCX has consolidated in a tight...
Memory Chip Maker Holds Key Level as Market Rebounds: Chart of the Day
This week was cut short by Independence Day. That makes it a good time to view Micron Technology (MU), which seems to have the spirit of 76. The memory-chip maker had a false breakdown below that level on January 27. It quickly rebounded and returned to test $76 three...
Amazon.com Could Be Preparing for a Breakout: Technical Analysis
Amazon.com has consolidated since last August. Now it may be ready for a breakout, especially with the Nasdaq leading again. Friday’s close of $3,510.98 was AMZN’s second-highest close ever. It was also the highest close since September 2, a potential sign of...
Facebook Joins the Trillion Dollar Club as Fear Bubble Melts and Ad Revenue Piles In
Facebook's market capitalization just rose above $1 trillion, making it the fifth member of an elite club in the U.S. stock market. FB surged 4.2 percent, adding $40 billion of valuation. It closed at a record high of $355.64 to reach 13-digit status. The only other...
Options Alert: Bulls Target Roku as Original Content Draws Comparisons with Netflix
Options activity is heating up in Roku as the streaming-video upstart launches original content. Call volume has steadily increased since ROKU signed Kevin Hart for a second season of his action/comedy program. (Last year it was called "Die Hart." The next one will be...