Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
Suddenly Lots of Stocks Are Hitting New Highs
More stocks are showing signs of a breakout as the Federal Reserve meets and the S&P 500 jumps above last summer's peak. Forty-three members of the S&P 500 made new 52-week highs on Tuesday, according to TradeStation data. It was the highest total since April...
Bears Keep the Pressure on Struggling Blue Chip
Options traders are sticking with one of the most consistent trends in the last two years. They're betting against a stock that once ruled the roost in global markets. General Electric (GE), once the world's most valuable company, has lost more than half its value...
A Dreaded Currency Is on the Rise
The Japanese yen, everyone's dreaded safe-haven, is on the rise. Futures on the currency (@JY) rose 0.85 percent, their biggest daily gain since May. There's also signs of a potential upward reversal after a breakout through the 50-day moving average. (Today's move...
Put Volume Swells in Junk Bond Fund
Options traders seem to be bracing for downside in junk bonds as negativity sweeps financial markets. The iShares High Yield Corporate Bond ETF (HYG) is having its worst month in over three years as investors shun leveraged companies. The largest options trade so far...
Suddenly Vultures Circle in the Credit Market
The Federal Reserve has everyone talking about hawks and doves this week. But another kind of bird may be swooping in: vultures. Recent headlines suggest credit markets are getting squeezed. This could create bearish opportunities for traders willing to play buzzard...
How Low Can Oil Go?
Energy just had its worst month in decades, and the bears are still in control. Crude oil futures (@CL) dropped 7.2 percent yesterday, their biggest decline in over three weeks. Not only did they break under the psychologically key $50 level, @CL also closed at the...
Is the Fed Dovish, or Just Plain Chicken?
Is the Federal Reserve in the midst of its quickest pivot ever? It seems to be. Only two months ago, central bankers were united in their plans to keep raising interest rates. But now they're retreating amid a selloff in stocks, some weaker economic data and pressure...
Technology & Communication
Earnings Off to Weak Start as Banks Fill Rainy Day Funds
Earnings season began on a weak note as major banks set aside billions for credit defaults after coronavirus shut down the U.S. economy. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) took more than $19 billion of combined loan-loss...