Market Insights
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Memory Tricks for Options Greeks Like Delta, Gamma and Vega
Options are complex instruments that can swing sharply in value. Traders may find the moves confusing, so this article will help explain key "Greeks" -- some of the most important factors impacting the price of options. Greeks are Greek letters used in complicated...
Technical Analysis: Is Copper Squeezing Toward a Breakout?
Copper had a dramatic run coming out of the pandemic, more than doubling between March 2020 and May 2021. Now, after a period of consolidation, it may be ready for more upside. First consider the ascending triangle that’s formed with a top around $4.35. It’s currently...
Call Buyers Target Square as Jack Dorsey Talks Crypto with Elon Musk
Yesterday was big for cryptocurrencies as Elon Musk and Jack Dorsey spoke publicly about Bitcoin. The event also triggered a wave of bullish options activity in Dorsey's payments company, Square. Most of the volume focused on the short-term 23-July 255 calls. Buyers...
A Certain Chart Pattern Keeps Popping Up as Smaller Tech Stocks Come to Life
Last year saw dramatic rallies in smaller technology stocks like Nio and Snap. This month, several of those same companies have the same potentially bullish chart pattern. The table below lists companies whose 50-day moving averages recently crossed above their...
Is This Stock the Next Tesla or Nio? Check Out This Technical Analysis
Electric cars have been one of the most explosive industry groups in recent memory, and now traders may have another name to focus on: smart-vehicle maker XPeng. Several patterns stand out on the Guangzhou-based company’s chart. First, prices recently tested and held...
Here’s How to Be Ready the Next Time Stocks Pull Back
Stocks just had one of their sharpest pullbacks of the year, creating opportunities for investors able to quickly discover opportunities. The screenshot below shows TradeStation's Scanner tool. It's programmed to detect stocks trending upward before the crash that may...
Ever Heard of Market Breadth? It May Have Pointed to Today’s Violent Selloff
Stocks just had one of their worst sessions of 2021. While it may have surprised some investors, there were potential warning signals for traders using a certain kind of technical analysis: market breadth. Market breadth is the science of using the aggregate...
Technology & Communication
Technical Analysis: This Data Storage Company Is Breaking Its Downtrend
Seagate Technology has spent the last five months pulling back. But now it may be turning around. The main pattern on today's chart is the descending trendline that started in May and ran along the peaks of August and September. Notice how STX closed above that line...
Good Tech, Bad Tech: Options Activity Recap
Call volume spiked noticeably in two different technology stocks yesterday, with two very different meanings. Just look at Broadcom (AVGO). The chip maker went from a darling to a pariah two months ago by purchasing software maker CA (CA). Investors, confused by the...
Some Potentially Bullish Chart Patterns, Sept. 14
With volatility so low, it can be hard to find movement in the big indexes. So today we'll look at some individual stocks with potential opportunities. We found these using methods and tools highlighted in our weekly Market Action webinar. Be sure to sign up for...
Can This Tech Giant Hold Support?
Big Tech has seen its share of volatility in the last week. Now as the waves of panic recede, a value opportunity may have washed up on the beach. Take a look at Alphabet (GOOGL). The Internet giant has dropped more than 6 percent from its late-August peak, hammered...
Check Out This Stunning Divergence in Tech
Software versus semiconductors. It's a major split running down the middle of the technology sector. The chart below compares the performance between the iShares North American Software ETF (IGV) and the Market Vectors Semiconductor ETC (SMH) since the start of 2016....