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Super Micro Options: Do Traders See a Downtrend?

Super Micro Options: Do Traders See a Downtrend?

Super Micro Computer was an early leader in the AI boom, and options traders are active as it trends lower. This large transaction was detected yesterday in the maker of machine-learning servers: 20,000 23-May 56 calls traded for $0.01. 20,000 23-May 49 calls traded...

Chart of the Day: Potential Uptrend in Newmont

Chart of the Day: Potential Uptrend in Newmont

Newmont has been climbing this year, and some traders may see further upside in the S&P 500’s only pure-play gold miner. The first pattern on today’s chart is the pullback since mid-April. The lower low, lower high and second lower low may be viewed as ...  ...

What’s Performing as Megacaps Lag?

What’s Performing as Megacaps Lag?

Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 5/12. Sizing Up the Market S&P 500 consolidates in April 2 range of 5571-5695 Price remains above 10-, 50-day moving average...