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Stocks Face Potential Reversal as Fears Grow
by David Russell | Feb 24, 2025
Stocks may have experienced a "false breakout" as investors worry about inflation, jobs and economic growth. The S&P 500 fell 1.7 percent between Friday, February 14, and Friday, February 21. It was the third negative week in the last four and the biggest weekly...
Chart of the Day: Oracle May Have Found Support
by David Russell | May 7, 2024
Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s chart is the gap higher on March 12 after earnings surprised to the upside. ORCL retraced the move and is starting to...
Stocks Could Be Stabilizing. How Do I Find Potential Opportunities?
by David Russell | May 7, 2024
The stock market is bouncing after a dip. Are any companies stabilizing as sentiment recovers? Today's article will consider a method for discovering potential opportunities. It uses TradeStation's EasyLanguage scripting tool to create a custom indicator, which can...
Stocks Claw Back from Losses as News Shifts and Yields Fall
by David Russell | May 6, 2024
Last week's news wasn't great, but it was good enough to stop the bears. The S&P 500 rose 0.5 percent between Friday, April 26, and Friday, May 3. At one point the index was down as much as 2 percent, only to snap back in the last two sessions. Yields also fell...
Potential Bear Flag as News Worsens: Market Trends This Week
by David Russell | May 2, 2024
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 stalls under 50-day MA, April 12 (weekly) close Potential bearish flag forming January 31...
Stocks Retreat: Dovish Hopes Fade Before Key Fed Meeting
by David Russell | May 1, 2024
Stocks have pulled back as investors brace for more hawkish news from the Federal Reserve today. The S&P 500 declined 4.2 percent in April, breaking a five-month winning streak that began in November. Selling was widespread across the index, with more than...
AI Boom Fades as Fundamentals Weaken: Earnings Recap
by David Russell | Apr 30, 2024
Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Caterpillar (CAT) and Intel (INTC) reported profits above Wall Street estimates. However...
Top Stocks for Options Trading
Technology & Communication

After Months of Weakness, Are Megacaps Ready for a Comeback?
by David Russell | Sep 11, 2024
Megacap growth stocks have lagged for a few months, but some investors may see potential for the tide to turn. The Nasdaq-100 led the market in the first half of 2024, powered by AI stocks like Nvidia (NVDA). It stalled in July as money shifted into sectors like real...

This Corner Of the Technology Sector Was Coming to Life Before Omicron Struck the Market
by David Russell | Dec 1, 2021
Stocks have tumbled in the last week as investors worry about the omicron variant of coronavirus. However a certain group of technology firms was rallying before the selloff: computer hardware. HP (HPQ) and Dell Technologies (DELL), the world's No. 2 and 3 PC makers,...

Olaplex and On: Recent IPOs Pull Back After Their Debut Quarterly Reports
by David Russell | Nov 23, 2021
The IPO market is setting new records as 2021 nears and end. Today we'll review some recent deals, including three companies that issued results for the first time. On Holding (ONON) is one of the biggest movers in recent weeks. The Zurich-based sneaker company went...

Nasdaq Leads Stocks to New Highs as ‘Goldilocks’ Returns
by David Russell | Nov 22, 2021
Stocks rebounded last week, led by the Nasdaq-100, as "Goldilocks" conditions return. The S&P 500 rose 0.7 percent between Friday, November 12, and Friday, November 19. However the big move came from the Nasdaq-100, which gained 2.5 percent as semiconductors and...

Options Alert: Call Buyers Take the Wheel At Apple On Report of Self-Driving Electric Vehicle
by David Russell | Nov 19, 2021
Apple could launch a self-driving electric car in 2025, and options traders are loving it. Nearly 3.2 million calls traded in the iPhone maker yesterday, the highest total in 14 months. The volume focused heavily on short-term weekly contracts expiring today: More...