Market Insights
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Stock Picking Returns as Calm Sweeps the Market
by David Russell | Dec 9, 2024
Stock picking could be making a comeback as volatility falls and attention shifts from interest rates to individual growth stories. The S&P 500 rose 1 percent between Friday, November 29, and Friday, December 6. It was the third straight positive week,...
Technicals Weaken as Geopolitics Haunt Earnings: Market Trends
by David Russell | Oct 19, 2023
Downloads are available here. TradeStation’s ideas on TradingView are available here. Sizing Up the S&P 500 S&P 500 makes lower weekly high at post-Fed gap Outside days on 10/12 and 10/17 are potential reversal patterns 8-day EMA fails to cross...
Oil’s Fundamentals Could Be Weakening After a Big Surge
by David Russell | Oct 17, 2023
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
by David Russell | Oct 16, 2023
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....
Fed Worries Ease Before Earnings: Market Trends This Week
by David Russell | Oct 12, 2023
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 reclaims August 2022 high following payrolls bullish outside day MACD turns positive More...
Options Alert: Call Spread Targets New Highs in AMD
by David Russell | Oct 11, 2023
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....
Outside Days Can Help Spot Reversals in the Stock Market
by David Russell | Oct 9, 2023
Traders often use candlesticks because they show the fullness of price action over different intervals. That can help spot a pattern called "outside days," which this article will cover. An outside day occurs when a stock trades below the previous session's low and...
Top Stocks for Options Trading
Technology & Communication
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Chart of the Day: Tight Price Action in Microsoft
by David Russell | Dec 22, 2023
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 $374.51, which became resistance. A daily...
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Four Key Options Strategies to Know With the Biggest Week of Earnings Season About to Begin
by David Russell | Apr 22, 2021
Next week is the biggest week of earnings season. More than one-third of the S&P 500's members announce results, including the biggest companies like Apple. This blog post will focus on options strategies that can help stock investors during earnings season. It...
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Netflix Reports Earnings Tonight: Will It Finally Break Out?
by David Russell | Apr 20, 2021
Netflix stock has gone nowhere since the summer. But that could change when it reports earnings tonight. The streaming-video giant was one of the first companies to recover when coronavirus forced millions into lockdown last year. It was also one of the first stocks...
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Media Giant May Be Attempting a Bull-Flag Breakout: Chart Study
by David Russell | Apr 19, 2021
Comcast has pulled back after making a new high last month, and now it could be turning upward again. The media giant battled against a downward-sloping trend line running from March 16 through last Wednesday. But it ended last week breaking above it. Second, notice...
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Semiconductors Are Breaking Out. Here Are the Top Stocks For Options Traders
by David Russell | Apr 6, 2021
Semiconductor stocks are breaking out amid a global shortage of microchips. Let's take a closer look at an industry that's crushing the market, even with the broader technology sector lagging. The Philadelphia Semiconductor Index ($SOX) has risen 18 percent so far...