Market Insights
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Platform Lesson: How Big Was Thursday’s Sharp Move?
The S&P 500 fell 1.4 percent yesterday, but in some ways the move was much bigger than that. The chart below includes two custom indicators highlighting the size of a symbol's move. Both show that Thursday's drop was the most dramatic in over a year. (They're...
Stocks Fall Again as Russia and the Fed Keep the Bears Active
Stocks fell again last week as inflation and geopolitical tensions added to a potentially bearish technical picture for big indexes. The S&P 500 dropped 1.6 percent between Friday, February 11 and Friday, February 18. It was the second straight negative week,...
Russia and Inflation: Stock Market Negativity Hasn’t Been This High in How Long?
Negativity is surging in the stock market as investors worry about Russia, inflation and the Federal Reserve. Only 19.2 percent of investors described themselves as "bullish" in the latest weekly poll by the American Association of Individual Investors. It was the...
Options Alert: Call Buyers Look for Top-Performing Energy Stock to Keep Running
Energy stocks are leading the market in 2022, and yesterday options traders were active in one of the top-performing names. Check out this large transaction in oil-and gas-driller Devon Energy (DVN): A block of 21,163 April 50 calls were sold for $6.78.The trader...
Travel Stocks Are Jumping as the Coronavirus Pandemic Continues to Fade
After more than a year of waiting, travel stocks may finally be recovering. Companies including Walt Disney (DIS), Expedia (EXPE) and Airbnb (ABNB) have rallied sharply in the last month. Their gains have bucked weakness in the broader market as investors braced for...
Chart of the Day: Is This Gold Mining Giant Headed for a Breakout?
Last week, we cited the potential breakout in the SPDR Gold ETF. Today’s chart shows a similar pattern in miner Barrick Gold. First, consider the series of lower highs since August 2020. Then notice how the price action Friday and today violated this downward...
Stocks Hit Another Wall as Inflation Fears Hammer the Nasdaq Again
Investors are starting to worry that the Federal Reserve is behind the curve and will need to hike rates aggressively to slow inflation. The S&P 500 was positive for most of last week, but slid into the red on Friday afternoon. It ended with a drop of 1.8 percent...
Technology & Communication
Options Alert: Call Buyers Target Plug Power After Amazon.com Deal
Options traders are buying the pullback in Plug Power, two weeks after a key deal with Amazon.com. Unusual activity in the provider of hydrogen-fuel technology began less than five minutes after Wednesday's opening bell. Traders initially purchased the 9-September...
Tesla Reports This Week, More FANG Stocks Next Week: Key Things to Know
The most important part of earnings season is about to begin as major technology stocks like Tesla, Microsoft and Facebook present their numbers. TSLA and MSFT get the ball rolling Thursday afternoon. FB, Amazon.com (AMZN), Apple (AAPL) and Alphabet (GOOGL) follow...
The Nasdaq Just Had the Worst Week In a Decade, By this Measure
Stocks rose again last week, flirting with post-pandemic highs, even as major technology names declined. The S&P 500 rose 1.25 percent between Friday, July 10, and Friday, July 17. It was the index's third straight weekly gain, with more than four-fifths of its...
Netflix’s Covid Surge Fades and Banks Struggle: Earnings This Week
Earnings season has begun on a weak note as banks struggle and Netflix said its blistering growth will slow. The four biggest U.S. lenders -- JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC) and Wells Fargo (WFC) -- have issued quarterly results. JPM, C and...
Here’s How to Be Ready the Next Time Momentum Stocks Pull Back
Stocks had a dramatic and fast pullback this week. Here's an example of ways to find pullbacks when something like this happens. The screenshot below shows members of the Nasdaq-100 that pulled back to test their 20-day moving averages on Tuesday. This can be a simple...